26/05/2008 - 06:22

Today's Business Headlines

26/05/2008 - 06:22

Bookmark

Save articles for future reference.

Wizard put up for sale after losing magic touch; Investors face oil crunch; Mining and energy sectors just keep on spending; Westpac, St George to unveil merger deal; Jetstar flies into foreign pilots row

Today's Business Headlines

Wizard put up for sale after losing magic touch
Struggling mortgage lender Wizard Home Loans will be put up for sale this week just days after the corporate watchdog rebuked owner GE Money over its debt collection and insurance business practices. The Australian

Investors face oil crunch
Australian shares are set to come under more pressure this week as rising oil prices dampen confidence on stockmarkets around the globe. The West

Mining and energy sectors just keep on spending
Business is set to continue investing heavily despite signs that economic growth has moderated to its slowest pace in two years under pressure from higher interest rates and rising living costs. The Fin Review

Westpac, St George to unveil merger deal
Westpac's $18 billion tilt at St George will pass one of its first hurdles as early as today when the parties unveil a firm merger agreement after two weeks' of exclusive due diligence. The Australian

Jetstar flies into foreign pilots row
Jetstar will use foreign pilots employed under 457 work visas in the first large-scale hiring of international flight crew in Australia since the pilots' strike of almost 20 years ago. The Fin Review

 

THE WEST AUSTRALIAN

Business: Australian shares are set to come under more pressure this week as rising oil prices dampen confidence on stockmarkets around the globe.

Oxiana is eyeing a 40-year life for its Prominent Hill copper and gold mine being developed in South Australia's far north.

Westpac and St Georges Bank are poised to unveil the detailed terms governing their planned merger after a rush by accounting and legal specialists to complete investigations into each bank's finances.



 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options