Friday, April 8, 2016

Nine Entertainment appoints Greg Barnes as new chief financial officer and other top stories.

  • Nine Entertainment appoints Greg Barnes as new chief financial officer

    Nine Entertainment appoints Greg Barnes as new chief financial officer
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  • Budget surplus predicted to be under $10m with GST revenue cut, Tasmanian Government says

    Budget surplus predicted to be under $10m with GST revenue cut, Tasmanian Government says
    Budget surplus predicted to be under $10m with GST revenue cut, Tasmanian Government says Updated April 08, 2016 16:03:36 A state budget surplus of less than $10 million is predicted next year after projected GST revenue was slashed, the Tasmanian Government says. Key points: Treasurer says buffer of unallocated previous GST will help deliver 2017 surplusHe rules out further budget savings to deliver small surplusLabor says risks makes his prediction of a surplus "laug..
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  • Australia calls bottom of the commodity rout, sees exports ramping up

    Australia calls bottom of the commodity rout, sees exports ramping up
    Chugging on: The mining industry may have hit bottom, with exports forecast to rise. Photo: Glenn Campbell GMC The commodity rout looks set to hit a bottom with Australia, a key bellwether for the global mining industry, forecasting the value of its commodities exports will resume rising from the second half of this year.Export earnings will rise by almost a third to $208 billion by fiscal 2021, the government's Department of Industry, Innovation and Science..
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  • Money and power: China government's link to Panama Papers firm

    Money and power: China government's link to Panama Papers firm
    AFP on April 8, 2016, 4:11 pm Money and power: China government's link to Panama Papers firm Beijing (AFP) - Long before the Panama Papers leaks put law firm Mossack Fonseca on front pages around the world, the company was already well known among a certain class of Chinese investor -? and to the government.The tight-lipped firm says it has cooperated with authorities in Beijing and state-backed banks to help Chinese companies take their business international, according to informat..
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  • Arrium woes spark row over protectionism

    Arrium woes spark row over protectionism
    The administrators in charge of Arrium say they will decide by mid-May if the collapsed steel manufacturer  should be broken up, shut down or continue operating, raising the chances the business could close during a national election campaign.Grant Thornton said Arrium can trade on a business-as-usual basis for up to two months while it conducts a full review, and a decision on what to do is likely to be put to creditors at a meeting "on or before May 13". An election is possible on July 2.The..
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  • Bankrupt's bid for Block Arcade revealed

    Bankrupt's bid for Block Arcade revealed
    Bankrupt's bid for Block Arcade revealedBy Genevieve GannonAAPApril 8, 2016 4:40PMSavePrint Bankrupt's bid for Block Arcade revealedA bankrupt man who was living in a backpackers' hostel when he was arrested on fraud charges tried to buy Melbourne's historic Block Arcade.Graeme John Effrett, 48, sent realtor Colliers false documents stating he had two bank accounts containing $US110,000 ($A146,000) each so he could enter the tender process for the iconic site, the Victorian County Court has hea..
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  • WiseTech Global IPO packaged up, ready to deliver

    WiseTech Global IPO packaged up, ready to deliver
    Richard White, the CEO of WiseTech Global, started the company in his basement, with four staff and his credit card. Daniel Munoz WiseTech Global chief executive and founder Richard White has a blunt message for his hundreds of new investors. Get ready for growth.Fresh from raising $167.6 million in an initial public offering, the chief executive of Australia's newest $1 billion listed technology company promised that added investor attention a..
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  • Banks tipped to lift home loan rates

    Banks tipped to lift home loan rates
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  • Banks slams call for royal commission

    Banks slams call for royal commission
    Banks slams call for royal commissionBy Lilly VitorovichAAPApril 8, 2016 4:57PMSavePrint Banks slams call for royal commissionA royal commission into the financial industry will damage its strong reputation among international investors, the top banking body says.The Australian Bankers' Association has slammed federal Labor's pledge to hold a royal commission if elected, labelling it unnecessary and a waste of money."We don't understand what this royal commission is meant to achieve," ABA chief..
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Hobart traffic congestion addressed by new State Government plan .CSG water plant construction at Narrabri will continue as court case adjourned .
Clocks winding back brings mixed reactions .Surging Australian dollar puts squeeze on exporters .

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