Dollar edges back on profit taking
Gold Coast Commonwealth Games site 'on track' despite stoppages
The construction of the 2018 Gold Coast Games' centrepiece venue is on track despite industrial action causing delays, Queensland's government says.Commonwealth Games Minister Stirling Hinchliffe maintains the Carrara Sports and Recreation project will be completed a year ahead of the April 2018 event despite work stoppages, which have been curbed by a court injunction. Beattie gets one of the 'prime jobs' Labor is accused of jobs for the boys but insists there is "no better person"..>> view originalBurrup 'had higher offers': Oswals
Gold leads surge in miners amid optimism the worst is past
Rising metals prices is rebooting investor interest in mine shares. Photo: Rob Homer Gold miners accounted for seven of the 10 biggest rises in the S&P/ASX 200 Index on Monday, with Friday night's rally in the gold price, strong trading in Asia and a lower greenback all helping to ignite the sector. The stock prices of St Barbara (up 15.3 per cent to $3.02), Northern Star (up 14.4 per cent to $4.85), Regis Resources (up 13.6 to $3.35) and Evolution Mining (u..>> view originalJob ads spike for the month of May
Government scraps Rowley drilling plans
The federal government has scrapped plans to allow companies to drill for oil and gas near the coral reefs of Western Australia's Rowley Shoals. Federal Resource Minister Josh Frydenberg told an oil and gas conference in Brisbane on Monday that the government will exclude the reefs, which have been the focus of lobbying by concerned environmental groups, from any offshore exploration. It's the second time the government has excluded Rowley Shoals from exploration, having previously done so in 2..>> view originalShell Australia's Andrew Smith decries 'dishonest' campaign against gas
The gas industry needs to tackle misinformation about gas industry head on, says Shell Australia chairman Photo: Supplied Shell Australia chairman Andrew Smith is set to call on politicians and industry leaders to tackle "head on" what he says is an orchestrated campaign that is unfairly demonising the natural gas industry to the detriment of regional economies.The global energy giant's most senior local representative will use his address at the APPEA petrol..>> view originalWoolworths axes Select private label range as CEO ...
Video will begin in 5 seconds. Can you bank on a Woolworths turnaround? There may be more bad news on the way for Woolworths, but investors may want to get on board now. PT1M6S 620 349 Three months after pulling the plug on Homebrand, Woolworths is also taking the knife to its Select private label range as new chief executive Brad Banducci aims to restore supermarket sales growth to 4 per cent.In a major shake-up of its private label strategy, Woolworths plans to replace Sele..>> view originalLiverpool Plains coal seam gas fear as Santos outlines future plans
Liverpool Plains coal seam gas fear as Santos outlines future plans Posted June 06, 2016 14:10:29 Farmers on the Liverpool Plains have expressed concern about plans for coal seam gas exploration, after obtaining information indicating Santos wants to drill up to four core holes in the next three years.The Wilderness Society has obtained a document under freedom of information relating to an application from Santos for an extension of Petroleum Exploration Licence 1 (P..>> view originalUGL finally gets ahead of the curve in disclosure game
Illustration: David Rowe Shareholders in engineering contractor UGL have little reason to cheer Monday's loss of a third of the company's market capitalisation but at least management has not repeated the disclosure disaster of 2014.UGL chief executive Ross Taylor has done the right thing by flagging the possibility that the company will have to make about $200 million in provisions for two contracts in Darwin for a joint venture company called JKC Aus..>> view original
Monday, June 6, 2016
Dollar edges back on profit taking and other top stories.
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