Miners’ shares soar as $A gold price hits record high
Miners’ shares soar as $A gold price hits record high
Australia’s gold miners are enjoying the best conditions on record after the Australian dollar price of gold bullion hit its highest level in history. The Aus
Final stand in Flinders fight
Livid minority shareholders of Flinders Mines are facing an uphill battle in their desperate bid to stop the company from being delisted. The West
China’s $2b swoop on health giant
China’s Jangho Group has pounced on Healius with a takeover bid valuing the medical centre and pathology group at more than $2 billion, signalling a further shake-out in the local healthcare sector. The Fin
Synergy to keep fossil fuel back-up
The authority that runs the electricity market has stopped the State Government from shutting two fossil fuel power stations because of fears it would leave Kalgoorlie and Geraldton vulnerable to blackouts. The West
Strandline eyes funds
Shares in Strandline Resources firmed 10 per cent yesterday after the company named Nedbank CIB as lead arranger for a $US26 million debt facility for its Fungoni mineral sands project in Tanzania. The West
Shock Apple revenue downgrade worries global investors
A shock revenue downgrade by United States technology giant Apple has sparked concerns among global investors that a slowdown in the Chinese economy is worse than initially feared. The Fin
Regulation slows loans: bank chief
Westpac chairman Lindsay Maxsted has warned that a rising tide of banking regulation, including excessive restrictions on new loans in the wake of the royal commission, is tightening credit and causing the pace of lending to homeowners and businesses to slow. The Aus
The Australian Financial Review
Page 1: China’s Jangho Group has pounced on Healius with a takeover bid valuing the medical centre and pathology group at more than $2 billion, signalling a further shake-out in the local healthcare sector.
A flash crash-style event in the foreign exchange markets briefly sent the Australian dollar to a 10-year low against the greenback in a wild 24 hours for the currency, which experts say faces further losses in 2019.
Page 2: A month ahead of the final report from the banking royal commission, Treasurer Josh Frydenberg expects home loan lending to pick up following an easing of restrictions from regulator APRA.
Page 5: The Morrison government has demanded Bill Shorten boot powerful trade union boss John Setka out of the Labor Party, a day after the Construction, Forestry, Maritime, Mining and Energy Union boss was charged over a Boxing Day incident at his family home.
Page 8: Donald Trump’s pick for US ambassador to Australia, Republican lawyer Arthur B Culvahouse, has been confirmed by Congress.
Page 13: A shock revenue downgrade by United States technology giant Apple has sparked concerns among global investors that a slowdown in the Chinese economy is worse than initially feared.
Page 14: A profit warning from adventure goods retailer Kathmandu Holdings has sparked a sell-off in discretionary retail stocks, as concerns grow about how healthy the crucial Christmas selling period was.
The Australian
Page 1: Westpac chairman Lindsay Maxsted has warned that a rising tide of banking regulation, including excessive restrictions on new loans in the wake of the royal commission, is tightening credit and causing the pace of lending to homeowners and businesses to slow.
The nation’s new aged-care enforcer, Janet Anderson, has said she will target providers that show a pattern of abuses and compliance breaches and consider forcing them to publish staffing ratios.
Page 15: Scores of east coast property development sites, some able to take 400-unit apartment towers, will hit the market within months as Chinese developers crippled by a lack of finance are forced to sell.
Page 17: Tesla shares have fallen sharply after it cut prices for its entire vehicle line-up, raising concerns about future demand for the Model 3 after the electric-car maker’s new compact sedan drove record deliveries during the final three months of 2018.
The holiday plans of hundreds of Australians who booked flights on Bestjet Travel have been thrown into disarray following the collapse of the online travel agency.
Page 20: Australia’s gold miners are enjoying the best conditions on record after the Australian dollar price of gold bullion hit its highest level in history.
The West Australian
Page 1: The authority that runs the electricity market has stopped the State Government from shutting two fossil fuel power stations because of fears it would leave Kalgoorlie and Geraldton vulnerable to blackouts.
Business: Livid minority shareholders of Flinders Mines are facing an uphill battle in their desperate bid to stop the company from being delisted.
Shares in Strandline Resources firmed 10 per cent yesterday after the company named Nedbank CIB as lead arranger for a $US26 million debt facility for its Fungoni mineral sands project in Tanzania.
