News archive from 17 October 2013

State-owned Tasmanian rail operator posts loss

State-owned Tasmanian rail operator posts loss

Tasmania's state-owned rail operator has posted a cash loss of $2 million for the last financial year.But TasRail's annual report shows customer revenue rose $1 million, or 3 per cent, driven by increases in container traffic and cement transport from...

ABC News, 10:03 in Business
 
United States' financial jitters could provide a boost to China's financial system

United States' financial jitters could provide a boost to China's financial system

The political brinkmanship in Washington might be almost over, but it seems the reputation of the United States as a global economic power has been damaged.US Treasury bills, regarded as the world's safest investment, have been hurt by the uncertainty...

ABC News, 10:11 in Business
 

Ten posts heavy loss on write-downs

The network also proposed a new four-year $200 million debt facility from the Commonwealth Bank, guaranteed by its major shareholder Lachlan Murdoch, James Packer and Bruce Gordon. The financing facility will be subject to shareholder vote at Ten's...

 

Ten posts heavy loss on write-downs

The network also proposed a new four-year $200 million debt facility from the Commonwealth Bank, guaranteed by its major shareholder Lachlan Murdoch, James Packer and Bruce Gordon. The financing facility will be subject to shareholder vote at Ten's...

 

Ten posts heavy loss on write-downs

The network also proposed a new four-year $200 million debt facility from the Commonwealth Bank, guaranteed by its major shareholder Lachlan Murdoch, James Packer and Bruce Gordon. The financing facility will be subject to shareholder vote at Ten's...

 

Markets Live: US deal news boosts ASX

10:15am: The market has opened higher, with the benchmark S&P/ASX200 rising 24.5 points, or 0.5 per cent, to 5287.40. The broader All Ords is up 24.9 points, or 0.5 per cent, to 5289.3. Upvotes:0 Downvotes:0 Copy Link 10:05am: Some analysis on the...

 

Markets Live: US deal news boosts ASX

10:15am: The market has opened higher, with the benchmark S&P/ASX200 rising 24.5 points, or 0.5 per cent, to 5287.40. The broader All Ords is up 24.9 points, or 0.5 per cent, to 5289.3. Upvotes:0 Downvotes:0 Copy Link 10:05am: Some analysis on the...

 

Markets Live: US deal news boosts ASX

10:15am: The market has opened higher, with the benchmark S&P/ASX200 rising 24.5 points, or 0.5 per cent, to 5287.40. The broader All Ords is up 24.9 points, or 0.5 per cent, to 5289.3. Upvotes:0 Downvotes:0 Copy Link 10:05am: Some analysis on the...

TheAge, 10:24 in Business
 

Market set to open higher

THE Australian market looks set to open higher after US Senate leaders reached a deal for a temporary budget and to extend the debt ceiling, ending the government shutdown. At 6.45am AEDT today, the December share price index futures contract was up...

 
Airports tipped to help Qld economy take off in Government's economic strategy

Airports tipped to help Qld economy take off in Government's economic strategy

The State Government says a report has listed 40 metropolitan and regional airports in Queensland as strategic to the state's economy, including Townsville and Proserpine airports in the north.The Government says the report says Townsville Airport...

ABC News, 10:45 in Business
 
Global markets surge ahead after US senators unveil deal to avert a debt default

Global markets surge ahead after US senators unveil deal to avert a debt default

The Australian share market has followed leads from Wall Street to rise at the open, as investors welcomed a bipartisan deal to raise the debt ceiling in the United States.The All Ordinaries index climbed by 0.5 per cent to 5,290 points at the start...

ABC News, 10:57 in Business
 
Ten makes $285m loss

Ten makes $285m loss

TEN Network Holdings' full-year loss has blown out to $285 million amid one-off writedowns and falling revenues. The company made a net loss of $285 million for the 12 months to the end of August 2013, which followed a $12.9 million loss for the...

 
Minister Jeff Seeney urges Gold Coast council to state stance on cruise ship terminal

Minister Jeff Seeney urges Gold Coast council to state stance on cruise ship terminal

State Development Minister Jeff Seeney says the Gold Coast City Council needs to make it clear if it supports the proposed Broadwater marine development in the south-east Queensland city.The councillors have one more day to decide if they will support...

ABC News, 11:07 in Business
 

Shares gain on US debt ceiling deal

AUSTRALIAN shares are half a per cent higher after the US Congress appeared ready to raise the debt ceiling. The big banks all gained but the big miners slipped after the US House of Representatives and Senate looked poised to confirm a budget deal...

 
Outback Qld tourism feels 'impact' of growing tourism numbers

Outback Qld tourism feels 'impact' of growing tourism numbers

The Outback Queensland Tourism Association (OQTA) says the sector has a bigger impact on the remote region's services and infrastructure than in more populated areas along the coast.The outback's traditional tourist season is over, with the...

ABC News, 12:05 in Business
 
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