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The head of China's peak steel making association has warned Australian mining giants to not abuse their position as the preferred source of iron ore. The Financial Review
AWB managing director Gordon Davis has joined others in forecasting and imminent new round of mergers and acquisitions in the grain sector, but signaled AWB had more rebuilding to do before it became a predator. The West
Credit card debt in Australia has topped $41 billion, though the interest-rate burden on households held steady in the Reserve Bank's latest figures. The Age
SP Ausnet is set to become Australia's biggest energy transmission company by agreeing to acquire a portfolio of Alinta's east-coast assets from Singapore Power for $8.14 billion. The West
Australia's Pine Gap could play a direct role in a controversial new generation of ballistic missile defences developed by the US and Japan, says Defence Minister Brendan Nelson. Sydney Morning Herald
THE WEST AUSTRALIAN
Business: AWB managing director Gordon Davis has joined others in forecasting and imminent new round of mergers and acquisitions in the grain sector, but signaled AWB had more rebuilding to do before it became a predator.
SP Ausnet is set to become Australia's biggest energy transmission company by agreeing to acquire a portfolio of Alinta's east-coast assets from Singapore Power for $8.14 billion.
Pallinghurst Resources last night denied it was pulling out of the battle for Consolidated Minerals, despite demanding payment of a $10.8 million break fee following the WA miner's support for a bid from Ukrainian billionaire Gennadiy Bogolyubov.
A Subiaco financial planner enmeshed in the massive Australian Securities & Investments Commission investigation into property group Westpoint has been banned from providing financial services.
Shareholders may win new rights to take legal action.
Page 3: What does a Perth billionaire do after making another $110 million in a single day on the sharemarket? Give about $80 million to the charity in the case of colorful mining entrepreneur Andrew Forrest.
Page 4: John Howard will call an election within three weeks and has boasted he can beat Kevin Rudd.
Page 12: WA's jobs boom is luring a flood of immigrant workers, with a new Reserve Bank report showing the State is pulling increasing numbers of overseas people finding work more easily than native-born Australians.