Extra $714m for drought relief payments; Terry Campbell warns on more sharemarkets fallout; BHP to report move to double planned extension of Olympic Dam; Myer could be back on the sharemarket; Packer fund takes 50pc stakes in Wilde's Arccon.
Drought relief payments to farmers grew by another $714 million, bringing the cost of federal government assistance to $3.5 billion since 2001. The Financial Review
Goldman Sachs JBWere chairman Terry Campbell has warned investors, companies and homeowners to brace for more fallout from the international credit crunch despite the sharemarkets recovery this week. The West
BHP Billiton is igniting a surge in the Australian sharemarket on expectations the mining giant will today report a move to double the planned expansion of its massive Olympic Dam project. The Australian
Myer could be back on the sharemarket in two years, after lifting margins to record levels and more than doubling earnings in its first year under the ownership of TPG Capital. The Age
James Packer has thrown his financial support behind Minproc founder and engineering and construction veteran Robert Wilde in a bid to build a "Minproc Mark II" ahead of a possible sharemarket float. The West
THE WEST AUSTRALIAN
Page 1: The head of the WA governments independent tax review has renewed calls for Treasurer Eric Ripper to provide immediate tax relief as another budget surplus is expected.
Page 3: Farmers will be given up to $150,000 to abandon unviable properties and seek new careers under a $714 million drought package unveiled by the Howard government yesterday, but for some the help has come too late.
Page 4: Kevin Rudd's wife Therese Rein is set to significantly increase her fortune, having just won six welfare-to-work contracts in Britain worth $198 million.
Page 7: The State Government is being squeezed in a battle between the State's oldest iron ore customer, Japan and its newest and biggest, China, to control rail and port facilities in the emerging Mid-West.
Page12: Reserve Bank says we can take on even more debt, especially older generations. WA building firm BGC has been named nation's biggest home builder despite a 36 per cent drop in the number of homes started.
Business: Goldman Sachs JBWere chairman Terry Campbell has warned investors, companies and homeowners to brace for more fallout from the international credit crunch despite the sharemarkets recovery this week.
Brisbane Hotel sold to ING for $15.3m
James Packer has thrown his financial support behind Minproc founder and engineering and construction veteran Robert Wilde in a bid to build a proc "Minproc Mark II" ahead of a possible sharemarket float.
Timezone founder Malcom Steinberg said he was pressing on with an ambitious global expansion strategy despite the surprise resignation of Leisure and Allied Industries management director, Bruce Davis.
After years of estrangement amid accusations he was two-bit punter, John Hancock has made peace with his billionaire mother Gina Rinehart.