14/05/2008 - 06:13

Today's Business Headlines

14/05/2008 - 06:13

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Dragon backs $18.6bn all-scrip Westpac bid; $20bn budget boost for infrastructure; Swan lite on inflation; Explosive plant faces showdown at Burrup; FarmWorks eyes listing to support national expansion

Today's Business Headlines


Dragon backs $18.6bn all-scrip Westpac bid
St Georges Bank shares yesterday raced past Wesctpas's offer price as investors gambled that another rival will better the $18.6 million agreed bid for Australia's fifth biggest bank. The West

$20bn budget boost for infrastructure
An unprecedented $20 billion splurge on infrastructure projects in the Rudd Government's first budget is expected to deliver a sustained boost to Australia's building and construction groups as a fresh generation of roads, bridges and port facilities begins to go to tender in coming years. The Australian

Swan lite on inflation
Wayne Swan has taken a knife to John Howard's middle-class welfare in a budget delivering Kevin Rudd's election promises in full and banking $41 billion to spend on health, education and infrastructure. The Australian

Explosive plant faces showdown at Burrup
WA's environmental lobby has vowed to block plans by Burrup Holdings to buils a $600 million explosives plant next to its exsting fertiliser operation on hte Burrup Peninsula, site of the heritage-listed Aborginal rock art. The West

FarmWorks eyes listing to support national expansion
WA rural services company FarmWorks is eyeing a public listing at the end of the year to fund a national expansion. The West

THE WEST AUSTRALIAN

Business: St Georges Bank shares yesterday raced past Wesctpas's offer price as investors gambled that another rival will better the $18.6 million agreed bid for Australia's fifth biggest bank.

Veteran Lawyer and businessman Steven Cole has quit as chairmn of Paramount Mining Corporation, just over a fortnight after shareholders refused to increase the pay for directors of the West Perth-based diamond explorer.

WA's environmental lobby has vowed to block plans by Burrup Holdings to buils a $600 million explosives plant next to its exsting fertiliser operation on hte Burrup Peninsula, site of the heritage-listed Aborginal rock art.

WA rural services company FarmWorks is eyeing a public listing at the end of the year to fund a national expansion.




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