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Showing posts with the label The Australian | Business Briefing Update

The Australian | Business Briefing Update: Wages rise less than expected

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Wages rise less than expected AUSTRALIAN wages excluding bonuses rose a seasonally adjusted 0.7 per cent in the third quarter, less than expected. ANZ prices first covered bonds Enda Curran ANZ has raised $US1.25 billion from the first issue of covered bonds from a local lender, ahead of an expected wave of issuance. New Hope signs up suitors David Fickling UP to 15 different parties have signed confidentiality agreements with New Hope Corp in considering an offer for the miner. RBA changes a boost for banks Enda Curran and Geoffrey Rogow THE RBA has detailed the make up of a new facility to help banks meet global rules, which analysts said are positive for lenders. Apple taps Levinson as chair Jessica E. Vascellaro APPLE has named Walt Disney CEO Robert Iger to its board and Arthur Levinson to the chairman post previously held by Steve Jobs. Eurozone sliding into recession Brian Blackstone THE eurozone e

The Australian | Business Briefing Update: RBA signals comfort on rates

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     RBA signals comfort on rates Geoffrey Rogow THE RBA has signalled the mining boom posed the risk of needing to have interest rates back at a more restrictive level.   CBA earnings spark sell-off Scott Murdoch INVESTORS sold off Commonwealth Bank shares after its trading desks posted a $60 million fall in first-quarter profit today.   Spotless won't play at mooted price John Durie SPOTLESS is happy to look at proposals above $3 a share, which means the latest mooted bid won’t get in the front door.   Rio mum on higher Hathor bid Robb M. Stewart RIO Tinto is remaining silent on how it plans to fend off a sweetened rival bid for Canadian uranium company Hathor Exploration.   UniCredit raising adds to fears Patrick Hosking MARKETS were shaken after Italy's biggest bank posted a surprise loss and said it would tap shareholders to boost capital.   Origin to raise $500m for LNG David Fickling AUS