News archive from 6 October 2013

Bendigo and Adelaide Bank looks to take over smaller rivals in bid to increase market share

Bendigo and Adelaide Bank looks to take over smaller rivals in bid to increase market share

The Bendigo and Adelaide Bank is eyeing small rivals as potential takeover targets in a bid to raise its market share.Chief executive officer Mike Hirst says the bank is aiming to raise its market share from 3 per cent to 10 per cent. Mr Hirst says...

ABC News, 23:23 in Business
 
Warrnambool Cheese and Butter Factory says Bega takeover offer 'inadequate'

Warrnambool Cheese and Butter Factory says Bega takeover offer 'inadequate'

Warrnambool Cheese and Butter Factory (WCB) is urging investors to reject a takeover offer from its slightly larger listed rival Bega Cheese.Last month, WCB knocked back Bega's $320 million takeover offer that comes amidst vigorous activity in the...

ABC News, 23:23 in Business
 
Govt talks up job creation

Govt talks up job creation

The State Government's talking up the successes of a business handouts program for local employers.The Economic Development Minister David O'Byrne today announced the third round of grants from the Government's Innovation and Investment fund. He says...

ABC News, 23:23 in Business
 
Libs reveal costings for headworks policy

Libs reveal costings for headworks policy

More details are emerging about the State Opposition's plan to make it easier to develop new building projects in Tasmania.The Liberals are promising to scrap so-called "developer charges" levied by the utility, TasWater for at least the...

ABC News, 23:23 in Business
 

More than half of Australian female GPs sexually harassed by patients, study finds

DOZENS of Australian female GPs are being sexually harassed by patients in their workplace, a study reveals. Researchers found more than half of female GPs have been harassed by a patient at least once. But just fewer than one in four said they had...

 

Champagne moment for local winemaker

Mr Bizot, who resides in Paris, is the managing director of Bollinger, lovingly known in Britain as ''Bolly'', one of the world's best-known champagne brands, with a pedigree going back to 1829. The champagne house was awarded its first Royal Warrant...

 

Optus chief's warning on bill shock

The Optus boss believes the key to winning the 4G race is to give data-hungry customers certainty over how much they will pay for their data usage. He said telcos needed to put in place a plan that encouraged or allowed customers to use their smart...

 

Surge in air travel to lift Boeing sales

That translates into expected demand from airlines in Oceania - comprising Australia, New Zeal and the Pacific islands - for more than 1000 aircraft valued at $US140 billion. Qantas is the largest airline in Oceania. About 70 per cent of the planes...

 

Sydney buyers remain riveted by auctions

The highest-selling property sold at auction was in the hot inner west, where a new double-storey house at 14 Melville Avenue, Strathfield, fetched $2.73 million. Devine Real Estate agent Ray Agha said more than 200 people turned up for the auction...

 

LionGold slump hits local investors

LionGold, which has spent the past 18 months acquiring some of Australia's most marginal gold assets in exchange for its own shares, was put in a trading halt by Singapore authorities out of concern that the market was not fully informed. Among the...

 

Local market looks for signs of confidence

US Treasuries dropped for the first time in four weeks last week on bets that lawmakers would end the partial shutdown of the US government in time to reach an accord on extending the federal debt limit. The Australian benchmark S&P/ASX 200 Index...

 

Housing lift triggers buzz for hardware and bulky goods

In turn, demand for these brick and mortar assets is also rising as reflected in the high turnover in sales by Australian and international super funds and private trusts. In the retail sales data for August, released last week, hardware stores and...

 

Restraint: a good oil in short supply

Economists believe the motivating force driving market economies is self-interest: businesses and consumers do what they do purely for their own benefit. But the ''invisible hand'' of market forces transforms all this selfishness into a system by...

 

Dead-fish handshake and fish at your desk among pet peeves

''If you're trying to connect with someone in a meeting and you can't make the impression that you want because of what you're doing or what your body is doing subconsciously, the story in someone else's mind is going against you,'' she says. Di-Masi...

 

Ex-chief vet defends abalone virus response

Fourteen abalone licence holders are suing the government after the virus wiped out about a third of Australia's wild abalone industry, causing the value of their licences to plummet from about $6 million to below $1 million. Dr Millar has been...

 
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