Today's Business Headlines
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ASIC targets conflicts and disclosure
The Australian Securities and Investment Commission warns it is increasing its scrutiny on company disclosures, and more, following the year's market turmoil. The Fin Review
Vineyards, jobs go in Constellation revamp
The US wine giant behind the Houghton, Goundrey and Hardys labels will axe up to 350 jobs and put its WA vineyards and winemaking facilities up for sale as part of a massive revamp of its Australian business. The West
Carpenter in Olympic poll vault
The insidious political tentacles of Brian Burke, a possible revised plan to bring water from the Kimberley and economic competence will dominate a September 6 state election called yesterday by West Australian Premier Alan Carpenter. The Australian
Big towers off market as offers fall short
The owners of two major CBD office towers, Allendale Square and Bank-West Tower, are sitting pretty despite pulling the buildings from sale after failing to attract satisfactory bids. The West
Minara kills dividend as nickel dives
The horror run for Australia's nickel sector scaled fresh heights yesterday with the country's second-biggest producer, Minara Resources, axing its dividend after an 80 per cent drop in interim profits. The West
THE WEST AUSTRALIAN
Business: The US wine giant behind the Houghton, Goundrey and Hardys labels will axe up to 350 jobs and put its WA vineyards and winemaking facilities up for sale as part of a massive revamp of its Australian business.
The owners of two major CBD office towers, Allendale Square and Bank-West Tower, are sitting pretty despite pulling the buildings from sale after failing to attract satisfactory bids.
The horror run for Australia's nickel sector scaled fresh heights yesterday with the country's second-biggest producer, Minara Resources, axing its dividend after an 80 per cent drop in interim profits.
THE AUSTRALIAN
Page 1: Productivity Commission chief Gary Banks has criticised the Rudd government's industry policy, railing against a "new protectionist" push for extra assistance for car, textile and other manufacturing industries.
Page 3: Almost $230 million is wiped off the value of tollway operator ConnectEast, after its Melbourne tollway became the latest to fall short of traffic projections.