News archive from 11 May 2013

Parity looms as dollar hit by US surge

The Australian dollar is almost US2¢ lower, hurt by a big pre-dawn rally in the US dollar. Late on Friday, the Australian dollar was trading at US100.63¢, down from US102.43¢ on Thursday. The Australian currency fell to US100.47¢ early on Friday, its...

TheAge, 09:02 in Business
 

Parity looms as dollar hit by US surge

The Australian dollar is almost US2¢ lower, hurt by a big pre-dawn rally in the US dollar. Late on Friday, the Australian dollar was trading at US100.63¢, down from US102.43¢ on Thursday. The Australian currency fell to US100.47¢ early on Friday, its...

 

Strategy with a city heart

The diversified trust will also expand its office portfolio following the acquisition of seven GE Capital assets for $584 million. Under that deal, Mirvac will have $400 million in capital to fund the acquisition and remain in line with its revised...

 

Strategy with a city heart

The diversified trust will also expand its office portfolio following the acquisition of seven GE Capital assets for $584 million. Under that deal, Mirvac will have $400 million in capital to fund the acquisition and remain in line with its revised...

 

Strategy with a city heart

The diversified trust will also expand its office portfolio following the acquisition of seven GE Capital assets for $584 million. Under that deal, Mirvac will have $400 million in capital to fund the acquisition and remain in line with its revised...

 
Packer go-ahead to raise stake in casino rival Echo

Packer go-ahead to raise stake in casino rival Echo

James Packer's Crown Limited has received approval from NSW authorities to increase its shareholding in rival gaming company Echo Entertainment, owner of the Star, fuelling the fight for dominance of the Sydney casino market. The announcement by the...

 

Packer go-ahead to raise stake in casino rival Echo

Wheel of fortune: Crown has approval to increase its holding in Echo. Photo: Erin Jonasson James Packer's Crown Limited has received approval from NSW authorities to increase its shareholding in rival gaming company Echo Entertainment, owner of the...

 

Packer go-ahead to raise stake in casino rival Echo

Wheel of fortune: Crown has approval to increase its holding in Echo. Photo: Erin Jonasson James Packer's Crown Limited has received approval from NSW authorities to increase its shareholding in rival gaming company Echo Entertainment, owner of the...

TheAge, 09:31 in Business
 

Councils not prepared for ageing downsizers: research

Umina Beach on the central coast tops the list: 33 per cent of residents are aged over 55. Mosman is next at 29 per cent. ''I think really people who downsize do want to stay local,'' said MacroPlan Dimasi chief economist Jason Anderson, who based his...

 

Councils not prepared for ageing downsizers: research

Umina Beach on the central coast tops the list: 33 per cent of residents are aged over 55. Mosman is next at 29 per cent. ''I think really people who downsize do want to stay local,'' said MacroPlan Dimasi chief economist Jason Anderson, who based his...

 

Councils not prepared for ageing downsizers: research

Umina Beach on the central coast tops the list: 33 per cent of residents are aged over 55. Mosman is next at 29 per cent. ''I think really people who downsize do want to stay local,'' said MacroPlan Dimasi chief economist Jason Anderson, who based his...

 

Aussie dollar slumps below parity

Losing ground ... The Australian dollar slips below parity at the end of a volatile week. Photo: Louie Douvis Buck seat driver brings Aussie in to land The Australian dollar early Saturday fell below parity with the US dollar, ending a nine month run...

TheAge, 12:03 in Business
 

Aussie dollar slumps below parity

The Australian dollar briefly fell below parity with the US dollar early Saturday, ending a nine month run where the local unit has traded above is US counterpart. The Australian dollar fell to a low of 99.61 US cents during the New York session,...

 
Swan talks up future surplus

Swan talks up future surplus

Wayne Swan has vowed to return the federal budget to surplus within four years, with his government poised to announce further deep cuts to spending. In an interview before delivering his sixth and ''most complex'' budget, the Treasurer said the high...

 
Aussie dollar slumps below parity

Aussie dollar slumps below parity

Buck seat driver brings Aussie in to land The Australian dollar briefly fell below parity with the US dollar early Saturday, ending a nine month run where the local unit has traded above is US counterpart. The Australian dollar fell to a low of 99.61...

 
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