23/06/2008 - 06:35

Today's Business Headlines

23/06/2008 - 06:35

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Jittery WA businesses prepare to lift prices; Power prices put business on back foot; Lawyers eye brokers on Opes share losses; Shares to slide a crude stokes inflation fears; Getting personal: Pratt Lawyer fire up blowtorch for Samuel


Jittery WA businesses prepare to lift prices
Confidence across WA's businesses has fallen to its lowest level since the comodities boom started, a survey has revealed, with signs that companies are preparing to lift prices to cover spiralling wage and operating costs. The West

Power prices put business on back foot
Some of Australia's biggest companies are delaying investing in major projects as power prices skyrocket by as much as 100 per cent, putting more pressure on inflation The Fin Review

Lawyers eye brokers on Opes share losses
High profile law firm Slater & Gordon is investigating a series of potential legal action against stock broking firms for moving their clients from conventional margin lending accounts to failed financier Opes Prime. The West

Shares to slide a crude stokes inflation fears
Local investors are facing a 90-point slide on the share market today amid mounting fears that oil will trigger further inflation, more financial sector losses will emerge and corporate earnings will be pummelled. The Australian

Getting personal: Pratt Lawyer fire up blowtorch for Samuel
The lawyer for charged billionaire Richard Pratt says he will put Graeme Samuel's Australian Competition and Consumer Commission "under a blowtorch" after it launched criminal proceedings against Mr Pratt alleging the businessman lied about his knowledge of a price-fixing cartel. The Fin Review

 

THE WEST AUSTRALIAN

Confidence across WA's businesses has fallen to its lowest level since the comodities boom started, a survey has revealed, with signs that companies are preparing to lift prices to cover spiralling wage and operating costs.

Business: High profile law firm Slater & Gordon is investigating a series of potential legal actionc against stock broking firm for moving their clients from conventional margin lending accounts to failed financier Opes Prime.

The sharemarket is poised for its third successive day of lossesthis morning after a plunge on Wall Street.



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