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Mar 14, 2012

Financial and Forex Info News | The australian Business Briefing: Doom team warns on growth





Australian Business update for Thu Mar 15 13:30:58 EST 2012


Doom team warns on growth
Enda Curran AUSTRALIA may miss growth targets and the government will struggle to deliver a budget surplus, according to Roubini Global Economics.

Myer sees dark days ahead
MYER said first-half net profit fell 17.5 per cent as it repeated forecasts for a 10 per cent fall in full-year profit amid weak to flat retail sales.

Papers part of our DNA: News chief
Geoff Elliott NEWS Corporation's newspaper divisions remain a critical part of the company's DNA, says company president and COO Chase Carey.

Goldman is 'toxic', exec claims
GOLDMAN Sachs is a "toxic and destructive" firm, a resigning executive has said in an opinion piece that has polarised Wall Street.

Wages fuel inflation fear
James Glynn CONSUMER expectations for inflation nudged higher in March as wage pressures piled on in the year to February, a survey showed.

EFIC plugs resource funding gap
Enda Curran EFIC will step up support for major resources projects with bond issues to plug a funding gap left by the retreat of European banks.

Paywalls are 'gaining ground'
Nick Leys AFTER two decades of free access, consumers are starting to accept the reality of paywalls and paid content.

Apple shares too tempting
Jonathan Cheng APPLE'S surging shares have prompted hundreds of mutual funds to buy the stock, one they would usually shy away from.


Financial Markets

Shares lower as miners drag
Sarah Turner SHARES slipped today, after gaining sharply over the past two sessions, weighed down by losses for miners.

Shares pull back after gains
Dollar hits mid-January low


Financial Markets Coverage



Mining & Energy

EFIC plugs resource funding gap
Enda Curran EFIC will step up support for major resources projects with bond issues to plug a funding gap left by the retreat of European banks.

Toll wins QGC transport deal
Fortescue taps US high-yield market


More Mining & Energy





2012-03-15 13:15:09.0 OneSteel to shutter pipe business
2012-03-15 13:15:00.0 Adam Rigby, Executive Managing Di...
2012-03-15 13:12:48.0 FMG gets $1.9bn bond offer away
2012-03-15 13:11:55.0 BHP faces new world order
2012-03-15 13:01:46.0 Aussie dollar hits new seven-week low
2012-03-15 12:46:58.0 Myer fightback starts to pay
2012-03-15 12:43:56.0 No respite as Myer sales fall
2012-03-15 12:38:46.0 Resources stocks drag market down at noon
2012-03-15 12:37:42.0 CSG moratorium fails in NSW upper house
2012-03-15 12:35:43.0 Jobs to go in OneSteel plant closure
2012-03-15 12:27:48.0 Doom team warns on growth
2012-03-15 12:27:22.0 Gillard wants corporate tax rate to fall
2012-03-15 12:25:33.0 Shares lower as miners drag
2012-03-15 12:09:59.0 Personal finance commitments rise 4.3pc
2012-03-15 12:09:03.0 SWM urged to pounce on Yahoo7


More Business Breaking News