25/10/2007 - 06:56

Today's newspaper headlines

25/10/2007 - 06:56

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Gindalbie and Sundance tipped to drop share swap merger; BHP might switch hundreds of more jobs to Perth; ConsMin on trail of mystery investor; pre-election rate-rise imminent; Chaney calls for teachers pay rise.


Gindalbie Metals and Sundance Resources have shelved their ambitious $2.4 billion merger after shareholders baulked at mixing Mid-West iron ore exposure with a higher-risk Cameroon project. The West

Melbourne's claim to be the head-office heartland of miners that matter is again under siege from Perth, with BHP Billiton rumoured to preparing to switch hundreds of more jobs to the WA capital. The West

Consolidated Minerals has asked the corporate regulator to help unmask a mystery investor who has built a 17.7 per cent blocking stake in the $1 billion takeover target. The West

A pre-election rate rise appears imminent after economists backed the Reserve Bank of Australia to resist political pressure and raise interest rates as soon as next month to combat a blowout in consumer prices. The Fin Review

Outgoing Business Council president Michael Chaney has called for the introduction of a $4 billion performance-based pay system, with the top five per cent of teachers paid up to $130,000. The Age

 

THE WEST AUSTRALIAN
Page 1: John Howard and Peter Costello have launched a desperate rearguard action against an almost certain Reserve Bank to move to raise interest rates; The long-awaited State Government review of how to balance mining and the environment in the mineral rich Mid-West ranges has failed to end uncertainty dogging plans by the region's fledgling industry to mine deposits worth an estimated $75 billion.

John Howard will announce a $400 million road funding package today as part of hi re-election strategy in WA.

Business: Gindalbie Metals and Sundance Resources have shelved their ambitious $2.4 billion merger after shareholders baulked at mixing Mid-West iron ore exposure with a higher-risk Cameroon project.

Melbourne's claim to be the head-office heartland of miners that matter is again under siege from Perth, with BHP Billiton rumoured to preparing to switch hundreds of more jobs to the WA capital.

Consolidated Minerals has asked the corporate regulator to help unmask a mystery investor who has built a 17.7 per cent blocking stake in the $1 billion takeover target.

Arc Energy managing director Eric Streitberg has warned nemesis Nexus Energy not to enter into a protracted battle for control of Anzon Australia that could lead to a destruction of shareholder value

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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