BHP set to start work on twin rail network; Bears on prowl as losses pile up; Rudd plan to tackle inflation risks; Orbital warns loss may hit $500,000; BHP plays down rumours on higher Rio bid
BHP set to start work on twin rail network
BHP Billiton expects to start work on double-tracking the 325 km railway line form its Pilbara mines to Port Hedland by the middle of this year as part of a $17.7 billion plan to boost iron ore production from about 150 million tonnes a year to 300 million by 2015. The West
Bears on prowl as losses pile up
Australian investors are likely to take another savage hit on the stockmarket today, with the worst losing streak since 1990 set to be extended. The Australian
Rudd plan to tackle inflation risks
The Labor governement's razor gang is seeking additional budget cuts of up to 5 billion as Prime Minister Kevin Rudd pledges a budget surplus of 1.5 per cent of GDP in 2008-09 as part of his central economic goal of fighting inflation.The Fin Review
Orbital warns loss may hit $500,000
Balcatta engine technology company Orbital Corp has warned of a half yearly loss up to 500,000, worse than the deficit for the previous corresponding period, sparking concerns it could remain in the red for the rest of the year. The West
BHP plays down rumours on higher Rio bid
BHP Billiton has hosed down speculation it is poised to luanch an increased bid for Rio Tinto. The Australian
THE WEST AUSTRALIAN
Cashed up investors are snapping up big tracts of vacant land in WA's South West with real estate sales record in the area tipped to tumble as holidaymakers set their sights on owning a piece of paradise.
Perth's domestic and international airport terminal should be combined into one building and be easily accessible by road and rail within seven years, Planning and Infrastructure Minister Alannah McTiernan said yesterday.
Business: BHP Billiton expects to start work on double-tracking the 325 km railway line form its Pilbara mines to Port Hedland by the middle of this year as part of a $17.7 billion plan to boost iron ore production from about 150 million tonnes a year to 300 million by 2015.
Balcatta engine technology company Orbital Corp has warned of a half yearly loss up to 500,000, worse than the deficit for the previous corresponding period, sparking concerns it could remain in the red for the rest of the year.
WA industrial analysts have tipped a pick-up in mergers and acquisitions activity across the mining services and engineering sector as sharemarket valuations deflate and contracting competition pressures increase.
