Sharon Olalia

31-60 (out of 2731)

Not All Dividends Go to Shareholders: Bankers

Australia is in a fortunate economic position and this has enabled Commonwealth Bank, Westpac, NAB and ANZ to deliver dividends, but bankers on Thursday explained that not all dividends go to shareholders.

Leighton Disputes S&P Credit Rating Downgrade

Leighton Holdings on Thursday disputed Standard & Poor’s Rating Service’s (S&P) decision to downgrade its credit rating from ‘BBB/A-2’ to ‘BBB-/A/3’, claiming it was not a true reflection of the company’s credit quality.

Australian Cities Report Sets Stage for Infrastructure Reform

The State of Australian Cities 2011 sets the stage for the implementation of much-need planning reform coupled with a major boost to infrastructure spending, said the Property Council of Australia and the Residential Development Council (RDC) on Thursday.

Property Sector Warns of Hurdles to Achieving Sustainable Canberra

The ACT Planning Strategy, which aims to make Canberra a more sustainable city into the future, will not be achieved unless the government reviews and recasts other policies that will directly work against achieving this outcome, the Property Council of Australia has warned.

Labor Shortage Threatens to Cripple Australian Mining

Recent labor market research shows Australia’s $427-billion worth of resource projects will struggle to survive the crippling labour and skills shortage. Resource industry employer group AMMA says only a united front from all tiers of government can alleviate the imminent threat to many prospective workplaces.

CSL to Buy Back A$900m Shares

After finalizing some fresh debt from banks and U.S. private investors, CSL Limited, the world's second biggest blood products maker, said it plans to buy back A$900 million of its shares.

Virgin Australia Boosts Capacity amid Qantas Strike

Virgin Australia announced on Wednesday it would provide additional capacity over the coming months to meet market requirements and to minimize the impact of ongoing Qantas industrial action on the Australian travel and tourism industry.

Data Centre Development to Deliver 250 Jobs to Western Sydney

Global provider of data centre solutions Digital Realty Trust announced today that the two data center developments it is building in Western Sydney are expected to have a positive economic impact on the region, estimated at almost a quarter billion dollars.

Australia to Brace for Another La Niña

The Bureau of Meteorology has issued its annual tropical cyclone season outlook on Monday, pointing to an above average number of tropical cyclones for all four regions across northern Australia during the coming season.

Australia: A ‘Three-Spend Economy’

A new study has suggested Australia is a three-spend economy, which it says is as significant as the two-speed economy that the nation has heard so much about.

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