Tag: Company News
Vietnam allows ANZ to set up local bank
Vietnam has given the go-ahead for ANZ to set up a wholly owned subsidiary based in Hanoi.[MORE]
No plans to delay Bris airport upgrade: management
The Brisbane Airport Corporation says it has no plans at this stage to put off a major upgrade of its domestic terminal.[MORE]
Qantas workers to negotiate new contract conditions
Qantas maintenance workers have agreed on a series of demands to put to the airline's management next week as part of their ongoing contract negotiations.[MORE]
Receiver expects quick sale of exporters' assets
The receiver appointed to two Darling Downs fruit and vegetable exporters says the assets are top quality and they will sell quickly.[MORE]
Sandalwood factory to open to public
The Mount Romance sandalwood factory will open its doors to the public for the first time this weekend to celebrate 10 years of production. [MORE]
Tas financial merger plans
Two of Tasmania's biggest financial institutions say their proposal to merge will make them less of a takeover target for major banks. [MORE]
Fears carbon scheme may force industries offshore
The operators of the Port Pirie smelter in South Australia say emission-intensive industries may consider moving to China under the current form of the Carbon Pollution Reduction Scheme.[MORE]
Bank of Qld cash profit rises to $155m
The Bank of Queensland (BOQ) has posted a rise in cash profit for the 2008 financial year. [MORE]
Food exporters in receivership
Two Darling Downs companies which export fruit and vegetables have been placed in receivership.[MORE]
Electricity prices set to rise
West Australians are expected to be hit with a bigger than expected increase in their electricity bills with Western Power asking the regulator for approval to increase its tariffs by 40 per cent next year.[MORE]
Fonterra Australia's milk products attract new Asian buyers
Fonterra Australia has reported an increase in demand from Asia for its milk powder products after the recent contamination crisis in China.[MORE]
Mine accommodation needs to be assessed
Grange Resources has hired a consultant to assess work force and accommodation requirements for its proposed iron ore mine on Western Australia's south coast.[MORE]
Barnett not concerned by Bankwest sale
The Premier Colin Barnett says he has no concerns with the Commonwealth Bank's purchase of Bankwest.[MORE]
Palandri investors to be left short changed
Creditors for the failed Margaret River winery the Palandri Group have voted to put the group's six companies into liquidation.[MORE]
Councils to benefit from Southern Phone dividend
The south coast New South Wales telco Southern Phone has declared a dividend for the second consecutive year and local councils are set to benefit.[MORE]
Du Pont sues Bemax
US-based titanium producer Du Pont Co is suing Bemax Resources Limited and its parent company The National Titanium Dixode Company.[MORE]
Bankwest sale going ahead
The Commonwealth Bank says it will buy Perth-based Bankwest for $2.1 billion.[MORE]
Paperlinx capital-raising falls short
The owner of Tasmania's Wesley Vale and Burnie pulp mills, Paperlinx, says it has raised around $150million from institutional investors to help fund its debts.[MORE]
NZ deal to buy Aussie steel firm
A New Zealand company has signed a conditional deal to buy the Adelaide-based steel manufacturer Fielders Australia.[MORE]
Creditors urged to vote for winery wind up
Administrators for failed Margaret River winery Palandri will today recommend creditors vote in favour of winding up the company.[MORE]
Perilya makes formal Mt Oxide agreement
Perilya Limited has made a formal agreement with Chalice Gold Mines Limited to aquire Perilya's Mt Oxide copper project in north Queensland.[MORE]
Golden Circle growers to be considered in takeover bid
Initial details of a proposed takeover of Golden Circle by US-based food company Heinz indicates growers will be taken into account.[MORE]
Suncorp receives takeover offers
Queensland-based bank and insurer Suncorp-Metway says it has received several offers from parties interested in buying its banking and investment businesses.[MORE]
Heinz launches Golden Circle takeover bid
Golden Circle shareholders will vote on a takeover bid by food company Heinz at a meeting in December.[MORE]
Aero Tropics faces uncertain future
The owner of the far north Queensland airline Aero Tropics says a decision could made as early as tomorrow on whether to close the company.[MORE]
