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Australian shares rise 0.5 pct at open Whitehaven surges
Tue Jun 18, 2013 8:21pm EDT (Updates with movements in early trade) SYDNEY, June 19 (Reuters) - Australian shares bounced 0.5 percent early on Wednesday, after Wall Street rose for a second straight day as investors bet the Federal Reserve will maintain its stimulus support. A weaker Australian dollar also benefited stocks with overseas exposure including global miners BHP Billiton Ltd and Rio ...
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Deloitte Perth keeps the faith
Deloitte's nation-leading Perth office is keeping the faith despite the affects of the mining slowdown.Announcing the appointment of six new partners yesterday, the office's managing partner Mike McNulty said the WA practice was still growing, despite "a tougher back end" to Deloitte's 2012-13 financial year to the end of May 31."It has tightened up, but the Perth ...
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Australia v Iraq what we learned from the World Cup qualifier
For 48 hours before the game, a major Sydney road was rechristened as the Tim Cahill Expressway. This was a man who had scored his country's first ever World Cup goal and at times had dragged the team through qualification. For years, he has been the source of goals when all others had run dry. Yet with 13 minutes remaining ...
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NZ dollar jumps to 3-week high vs Aussie
The kiwi dollar rose against the Australian but was little changed against the greenback. Photo / File The New Zealand dollar rose to a three-week high against the Australian currency after yesterday's minutes of the latest Reserve Bank of Australia meeting confirmed it is likely to cut interest rates in the future and expects the Aussie to decline further. The kiwi rose as high ...
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Aust bonds weaken ahead of US Fed meeting
Australian bond futures contract prices are weaker as healthy US economic data convinces investors the US Federal Reserve will dilute its quantitative easing program. ANZ head of interest rate research Tony Morriss said 10-year bonds had weakened, ahead of the US central bank's Federal Open Market Committee meeting, while three-year bonds held their ground as investors anticipate another ...
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Brisbane extend pairs AFL contracts
Brisbane have extended the AFL contracts of Matthew Leuenberger and Dayne Zorko. Ruckman Leuenberger, 25, has agreed a two-year extension with the Lions while 24-year-old Zorko has signed a new three-year deal. Leuenberger was pick four in the 2006 draft and has established himself as the Lions top ruckman despite an injury-ravaged start to his career. Zorko was snared by the Lions after ...
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Joyce warns councils about referendum
SENIOR Nationals figure Barnaby Joyce has told local government delegates they can't wait around for a Messiah to win their case for constitutional ...
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Not in the bag oppn says of 457 crackdown
THE federal opposition believes the government has yet to win over key crossbenchers to support its crackdown on temporary visas for skilled foreign ...
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Socceroos win impresses Hugh Jackman
The Socceroos are through to the finals after beating Iraq 1-0 in Sydney on Tuesday night in their Asian Group B qualifier.Jackman is impressed."The Socceroos are going to Rio. Massive result. Huge congratulations," the US-based actor tweeted after the game.Jackman is preparing for his role as Wolverine in X-Men: Days of Future Past, which has the Australian testing out another strange ...
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Big crowds for Socceroos celebrations
Large crowds are expected at Circular Quay, on the city's harbour foreshore, around midday on Wednesday to cheer on the home side.Australia secured a third successive World Cup berth on Tuesday at ANZ Stadium with a 1-0 win over Iraq.Fans are encouraged to get to the Quay early.Some streets will be closed between 11am and 1.30pm, and special event clearways will remain in place until ...
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Police fearful over future of booze bans
POLICE hold grave fears for the safety of women and children in indigenous Queensland communities if alcohol bans and restrictions are ruled ...
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6PR investigates second presenter
ONLY five days after 6PR presenter Howard Sattler was sacked for asking Prime Minister Julia Gillard a series of bizarre questions, the station is investigating the conduct of another of its presenters Jason ...
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Dollar weakens on US Fed pare back
At 7am AEST today, the local unit was trading at 94.86 US cents, down from 94.92 cents yesterday.With the US Federal Reserve starting its Federal Open Market Committee (FOMC) meeting, traders are expecting chairman Ben Bernanke to signal a dilution in the third round of bond buying, known as quantitative easing, or QE3.HiFX currency strategist Alex Hill said this was boosting the greenback, and ...
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PacBrands aims for global gains
The chief refused a trading update despite his leadership reaping signs of a turnaround at the February half-year result.The company yesterday told investors that it planned to stabilise earnings before interest and tax within the next two years.But the road map aims for net sales to be "modest" within four years and "sustainable" within five.In the key underwear division, ...
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Australia shares seen bouncing on strong Wall St weaker A$
SYDNEY, June 19 (Reuters) - Australian shares are expected to rebound on Wednesday, after Wall Street rose for a second straight day as investors bet the Federal Reserve will maintain its stimulus support for the world's biggest economy. A weaker Australian dollar may also benefit stocks with overseas exposure. * Local share price index futures rose 0.7 percent to 4,855.0, a 40.6-point ...
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Osieck makes winning call for Socceroos
Holger Osieck risked being the Socceroos coach who shot Bambi. Instead, he can reflect with pride after his brave substitution of national hero Tim Cahill with the game in the balance swung it - and World Cup qualification - for the Socceroos. Cahill's replacement Josh Kennedy netted the 83rd minute winner at ANZ Stadium on Tuesday night which saw off plucky Iraq to book Australia a place ...
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ACTU wont commit to Gillard
ACTU secretary Dave Oliver won't say whether trade unions continue to back Julia Gillard's leadership of federal Labor. Their backing for the prime minister is seen as her strongest bulwark against supporters of Kevin Rudd. Confidential polling conducted for the ACTU has confirmed Labor is facing huge swings in a raft of government seats at the September 14 election. It predicts ...
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Senators attack PM over Crossins dumping
Labor senators have defended Senator Trish Crossin and launched a broadside at the Prime Minister over her treatment of the outgoing senator. Senator Crossin delivered her valedictory speech to parliament on Tuesday after being dumped in January for Julia Gillard's ''captain's pick'' of indigenous ...
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Stocks to watch on Wednesday
Stocks to watch on the Australian stock exchange on Wednesday, June 19: ELD - ELDERS - down two cents, or 22.22 per cent, at 7.00 cents RHL - RURALCO - down nine cents, or 2.65 per cent, at $3.30 Elders has shunned a takeover bid for its rural services division by rival ...
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Driver zapped after using problem track
A QUEENSLAND train driver suffered a severe electric shock after his train was allowed to use a track with a damaged overhead power ...
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Deloitte fined $US10m in laundering case
BIG accountancy firm Deloitte was fined $US10 million by New York State overnight for its actions in advising Standard Chartered Bank over money ...
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Aussies snap up our homes
Aerial view of houses in Rosedale / Albany. Photo / Chris GormanAustralians are contributing to New Zealand's skyrocketing house prices, with new research showing they bought more property than any other overseas group. The figures have prompted calls to ban purchases by foreigners or impose a tax on top of the sale price. BNZ chief economist Tony Alexander has found Australians are the biggest ...
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Lions defeat a wake-up call for Gatland and massive lift for Australia
Jake White said, after his Brumbies side had beaten the Lions, that Australia will be far more optimistic about the Test series. Photograph: Mark Metcalfe/Getty ...
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Australian market set to open higher
The Australian market looks set to open higher after Wall Street rose decisively as investors bet that the Federal Reserve will stay the course on its economic stimulus policy. At 0635 AEST on Wednesday, the June share price index futures contract was up 34 points at 4,854. In economic news on Wednesday, the Australian Bureau of Statistics releases May's international merchandise imports ...
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Woman kicked during Sydney robbery
A MAN has been charged with punching and kicking a Sydney woman before he stole her car keys and made off with her four-wheel ...
Brisbane Digest
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Cost of driving is becoming punitive in Brisbane
Is driving in Brisbane becoming punitively expensive? With the recent toll increases, on top of those made in 2006 and 2008, as well as last year, and the recent mis-management surrounding the privatisation of major roads in Sydney, it seems that using major roads in Brisbane is going to become even more expensive.
Brisbane, like many cities across Australia, is facing a mounting budget deficit in the wake of the near-crippling financial crisis and ensuing recession, as the state capital, it must also oversee Queensland’s plunge in revenues, which has created a budget deficit of over $2.3 billion for the state. Read more
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