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Paper circulation decline 'overstated' |
Fears about the long-term decline in newspaper circulation in Australia have been overstated, an analyst says.UBS analyst Richard Eary says the falls in paid circulation had been less severe than in overseas markets such as the US, where publishers had closed or become online-only publications due to the advertising downturn.
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Shoppers getting tired of constant sales |
[AAP] - Australian shoppers are growing increasingly weary of constant sales, according to a consumer behaviour survey.According to a semi-annual study released by AMP Capital Shopping Centres (AMPCSC), 45 per ...
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Rate rises hurt dwelling commencements |
[AAP] - A sharp slowdown in the pace of dwelling commencements has been caused by a series of official interest rate hikes since last October, economists say.Dwelling commencements in the June quarter rose 0.8 ...
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BHP boss calls for price on carbon |
[ABC] - International mining giant BHP Billiton has urged the Federal government to manage environmental challenges by establishing a clear price signal on carbon as it reviews its emissions trading scheme (ETS).In ...
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No cost to Qld for PNG hydro-electric scheme |
[ABC] - Queensland Premier Anna Bligh says there is no public cost in the development of a hydro-electric project connecting Townsville with Papua New Guinea (PNG).Origin Energy plans to bring the power to Australia ...
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Engineers repair Chilean rescue drill |
[ABC] - Engineers in Chile have managed to repair the most powerful drill being used to free 33 trapped miners, nearly a week after it broke down.Officials have stepped up the rescue effort but say the men probably ...
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Australia shares rise 0.8 pct; NAB up after scrapping AXA bid |
[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 3):Australia shares rise 0.8 pct; NAB up after scrapping AXA bid
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Decision on BHP-Rio JV delayed |
[AAP] - Australia s competition watchdog has again delayed a decision on whether to allow a tie-up of BHP Billiton Ltd and Rio Tinto Ltd s Australian iron ore assets.Investors have been awaiting news on ...
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Transfield win $150m Bris ferry contract |
[AAP] - Transfield Services Ltd has renewed its $150 million contract to continue operating Brisbane City Council s CityCat and CityFerry service.Transfield holds the 10-year contract in a joint venture with ...
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Fall in consumer confidence does little to hurt sharemarket |
[ABC] - The news of an unexpected fall in consumer confidence has not done anything to hurt investor sentiment, or the Australian dollar today, with the local share market rising about 0.75 per cent.Westpac and ...
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Australia a two-speed economy: survey |
[AAP] - Australia is on track for a two-speed economy, with the commodities boom enriching the mining states but leaving the traditional manufacturing centres of NSW and Victoria floundering in their wake, a survey ...
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BHP CEO outlines carbon price concerns |
[AAP] - BHP Billiton Ltd chief executive Marius Kloppers says effective carbon reduction measures must have a cost impact on consumers, and called for the government to treat a price on carbon as revenue neutral.Speaking ...
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