Analyst news

• Coles declares that its prices could go lower

  20-08-2015 16:05
  
  Wesfarmers has ramped up the price war with Woolworths, vowing to keep cutting prices to drive sales
  
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• Pearson questions Glencore's Aurukun mine deal

  20-08-2015 11:06 via abc.net.au
  
  Noel Pearson questions how multinational company Glencore won preferred status to mine a rich bauxite deposit on native title land.
  
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• Falling global oil prices help drive local share market sharply lower

  20-08-2015 10:33 via abc.net.au
  
  Falling global oil prices help drive the Australian share market sharply lower, with investors also unimpressed by a return to profit for Qantas.
  
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• ASIC calls out banks on interest-only home loans

  20-08-2015 08:55
  
  Banks and other lenders have been put on notice by the corporate watchdog, after it found significant flaws in credit standards in the booming interest-only mortgage market.
  
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• Kwinana Council pushes ambitious Perth freight and port plan

  20-08-2015 08:17 via abc.net.au
  
  The buyer of the Fremantle Port will be required to complete full construction of an outer harbour container port at Cockburn Sound within 10 years, under an ambitious plan being pushed by the Kwinana Council.
  
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• Kwinana Council in ambitious Perth freight and port plan

  20-08-2015 08:17 via abc.net.au
  
  The buyer of the Fremantle Port will be required to complete full construction of an outer harbour container port at Cockburn Sound within at least ten years, under an ambitious plan being pushed by the Kwinana Council.
  
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• Union strike to cancel Saturday's Footy Express trains in Adelaide

  20-08-2015 07:57 via abc.net.au
  
  Adelaide's free Footy Express trains will be cancelled for Saturday night's AFL game at Adelaide Oval due to a strike by train drivers.
  
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• Origin shares go back to where they came from pre-GFC

  20-08-2015 07:52 via abc.net.au
  
  A $658 million full-year loss from Origin Energy caps off another bleak day for the oil and gas sector as crude prices slump to six-year lows.
  
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• Banks place many interest-only home loan customers 'at risk'

  20-08-2015 06:02 via abc.net.au
  
  The corporate regulator is cracking down on interest-only home loans, saying a worrying proportion of those with this type of mortgage could be at risk.
  
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• Witnesses to Brisbane cyclist's death give conflicting accounts to inquest

  20-08-2015 05:29 via abc.net.au
  
  An inquest into the death of Danish student Rebekka Meyer, who was cycling on a notorious stretch of road in Brisbane, hears conflicting evidence from eight witnesses.
  
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• Danish student's foot slipped before fatal hit by truck in Brisbane, inquest hears

  20-08-2015 05:29 via abc.net.au
  
  A Danish student's foot slipped from her bicycle pedal moments before she was fatally hit by a truck at a busy Brisbane intersection, a coronial inquest hears.
  
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• TPG's iiNet takeover cleared by the ACCC

  20-08-2015 03:28 via abc.net.au
  
  Internet provider TPG's takeover of rival iiNet passes its final major hurdle, with the competition regulator indicating it will not oppose the $1.56 billion deal.
  
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• AMP profit jumps 33pc, ASX up 4pc

  20-08-2015 02:59 via abc.net.au
  
  Two companies focused on financial markets have posted a rise in profits, with AMP recording a strong jump and ASX a modest increase.
  
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• Wesfarmers full-year profit falls after insurance sell-off

  20-08-2015 01:49 via abc.net.au
  
  Wesfarmers full-year profit falls due to the previous year's sell-off of the company's insurance and gas divisions.
  
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• Qantas buys new Dreamliners as it soars to $975m profit

  20-08-2015 01:35
  
  Qantas has finally committed to buying a fleet of new Boeing 787-9 Dreamliners for its long-haul fleet and will pay its first payout to shareholders in six years after swinging to a $975 million annual pre-tax profit.
  
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• Qantas swings back to $557m profit, announces $505m shareholder payment

  20-08-2015 00:48 via abc.net.au
  
  Qantas swings back to a $557 million profit after last year's mammoth $2.84 billion loss.
  
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• Wall St down on China jitters, Fed rates uncertainty

  20-08-2015 00:28 via abc.net.au
  
  Global markets drop as concerns about China's future demand for resources and the outlook for interest rates in the US rattle investors.
  
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• Eurozone ministers approve 23 billion euros for Greek bailout

  20-08-2015 00:21 via abc.net.au
  
  Eurozone finance ministers formally approve the first tranche of a new 86 billion euro ($129 billion) bailout for Greece after parliaments in member states backed the rescue-for-reforms deal.
  
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• Ivan Glasenberg denies Rio Tinto interest

  20-08-2015 00:12
  
  Glencore chief Ivan Glasenberg has denied making a take-over proposal to Rio Tinto, but was conspicuously tight-lipped about his interest in Rio's Australian thermal coal business.
  
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