News archive from 20 October 2013

Mike Kane, chief executive of building materials giant Boral, welcomes US debt crisis deal

Mike Kane, chief executive of building materials giant Boral, welcomes US debt crisis deal

Boral's chief executive Mike Kane says the building materials maker has welcomed the deal that ended the US debt ceiling crisis.The US government passed legislation ending the shutdown on Friday, just hours before the deadline which would have seen...

ABC News, 11:30 in Business
 

JPMorgan 'in tentative $US13b deal' with US Justice Department

As part of the deal, the bank will likely cooperate in criminal inquiries into certain individuals involved in the conduct at issue, the source, who declined to be identified, said. Officials at JPMorgan and the Justice Department declined to...

 

JPMorgan 'in tentative $US13b deal' with US Justice Department

As part of the deal, the bank will likely cooperate in criminal inquiries into certain individuals involved in the conduct at issue, the source, who declined to be identified, said. Officials at JPMorgan and the Justice Department declined to...

 

JPMorgan 'in tentative $US13b deal' with US Justice Department

As part of the deal, the bank will likely cooperate in criminal inquiries into certain individuals involved in the conduct at issue, the source, who declined to be identified, said. Officials at JPMorgan and the Justice Department declined to...

 
10 essential lessons for leaders from Rachael Robertson

10 essential lessons for leaders from Rachael Robertson

THINK great leaders are born, not made? Think again. We're going to introduce you to a woman who shatters that theory. The woman's name is Rachael Robertson and she's got a heck of a story to tell. Back in 2005, Robertson was a humble park ranger on...

 
US man Kristopher Oswald fired from Walmart store for aiding parking lot 'assault' victim

US man Kristopher Oswald fired from Walmart store for aiding parking lot 'assault' victim

A US man was fired from his overnight job at a supermarket after he intervened to help a woman allegedly being assaulted in the store's car park. Kristopher Oswald, 30, was fired from Walmart this week, WXYZ-TV reports. "The last thing I expected...

 

Jalco's 'small beer' legal costs

Ferguson's son Christopher wanted several thousand dollars for legal fees run up during the share sale in 2011. Jalco didn't pay, so last week Pablo Honey, which is the trustee of Christopher's family trust, went to the NSW Supreme Court and filed a...

 

King says he was a 'lame duck' as chief

''In my whole period at Leighton I absolutely and completely refused to be involved in anything tainted by corruption,'' Mr King said, adding that he had tried to avoid working in countries where bribery and corruption were rife. According to a...

 
Despite growth fall, China will be biggest: analysis

Despite growth fall, China will be biggest: analysis

Labelled a working paper and posted on the Treasury website with the annotation that its conclusions are "those of the authors and do not necessarily reflect those of the Australian Treasury" the study uses measures of labour productivity...

 

'Encouraging proposals' for collapsed Tamar Valley Dairy

Administrators Deloitte Restructuring Services said a second creditor's meeting would now be held by the end of February 2014, allowing it extra time to assess options for the business. Options include ''proposals from interested parties for either a...

 

Advisers oppose Transfield chief's pay

The matter is to be considered by shareholders at the company's annual meeting later this week. When Mr Hunt was appointed early this year, he was awarded the right to be granted up to 840,700 shares in respect of the financial year to June 30, a...

 

ATO sniffs Macquarie Hong Kong ping pong

But in Hong Kong the deal was a monumental winner, delivering a profit in the order of $850 million, according to former executives au fait with the transaction. Now there is speculation that the repercussions from this infamous ''tax arb'' may even...

 
Why cut a nearly undetectable tax?

Why cut a nearly undetectable tax?

The September quarters are the big ones. They are when electricity price rises hit the index. That one year on from the carbon tax a September quarter inflation result could be so low throws into an entirely different light Tony Abbott's claim that...

 
Accused controls tax haven companies

Accused controls tax haven companies

The documents are evidence in a civil case in which overseas companies allegedly associated with Mr Gould and his co-accused, John Leaver and Peter Borgas, are attempting to claw back tax bills totalling about $40 million. Mr Gould is the chairman of...

 
Inflation rate may miss target

Inflation rate may miss target

The SPI futures index was up 22 points to 5343. Global financial markets finished last week in positive territory, after the short-term resolution of the US budget and debt crisis lifted the cloud of uncertainty hanging over US government bonds. The...

 
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