Friday July 25, 2008
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Latest Australia Investment News

  • FRIDAY, July 25 25 Jul 2008 09:35 GMT
    ... home is shaped like a snake; an Australian home perched on a pole. 1839187 (DIY) ... Updating a master bathroom with a $5,500 investment. 6080800 (HGTV) National Open House — Home ...

  • BRIEFING - ASIA INFRASTRUCTURE - JULY 25, 2008 25 Jul 2008 09:35 GMT
    ... million) for PT Trans Jabar Toll, the investor for a toll road project in West ... the company to design the new museum. AUSTRALIA'S NORFOLK STILL TARGETTING 10% JUMP IN 2009 ...

  • JP Morgan discusses HBOS breakup 25 Jul 2008 09:31 GMT
    ... LONDON (Reuters) - U.S. investment bank JP Morgan has held talks with ... newspaper reported on its Web site. National Australia Bank, named by the Telegraph as a ... this month an emergency fund-raising flopped as investors took just 8.3 percent of the shares ...

  • 5:33pmDollar dips to finish week 25 Jul 2008 09:19 GMT
    ... THE Australian dollar closed weaker today, as a bout ... said. Higher interests attract capital inflows where investors have to buy that area's currency, hence ...

  • JP Morgan discusses breakup of UK's HBOS: report 25 Jul 2008 09:16 GMT
    ... LONDON (Reuters) - U.S. investment bank JP Morgan has held talks with ... newspaper reported on its Web site. National Australia Bank, named by the Telegraph as a ... this month an emergency fund-raising flopped as investors took just 8.3 percent of the shares ...

  • Taipei shares close lower amid fresh US worries; financials hit - UPDATE 25 Jul 2008 09:13 GMT
    ... slump in the US overnight and after Australia's largest bank said it is making further ... results and forward guidance failed to impress investors. US markets fell sharply overnight after the ... Huang, an assistant vice-president at Mega International Investment Services. Buying interest also waned as people ...

  • BHP Billiton to spend $625m on Australia oil, gas project 25 Jul 2008 09:12 GMT
    ... in the Gippsland Basin, offshore Victoria, in Australia, the company said in a statement to ... and existing Bass Strait facilities. "BHP Billiton's investment to develop the Turrum field [will add] ...

  • Westpac, CBA move to reassure nervous investors 25 Jul 2008 08:36 GMT
    ... Westpac, CBA move to reassure nervous investors Westpac and Commonwealth Bank have moved to ... reassurances to the market come after National Australia Bank earlier announced an extra $830 million loss ...

  • SME credit pain set for next year 25 Jul 2008 08:28 GMT
    ... staff reporters | July 25, 2008 - Australia's biggest commercial credit check firm fears that ... helped facilitate the sale of debt-stricken US investment bank Bear Stearns in March. "Clearly the ...

  • NAB shares fall 10% on $830m writedown 25 Jul 2008 08:07 GMT
    ... shares fall 10% on $830m writedown National Australia Bank has become the first local bank ... global financial institutions reeling from losses on investments in risky US mortgages, booking an $830 ... 21 years. The massive provision, which left investors stunned and frustrated, came with a warning ...

  • Australia's NAB takes hit from U.S. debt 25 Jul 2008 08:07 GMT
    ... Australia's NAB takes hit from U.S. debt Bank ... the property credit crisis. "If we wouldn't invest in 'AAA' assets, then quite frankly we wouldn't ... said Mark Nathan, fund manager with Fortis Investment Partners, before a highly charged briefing where ...

  • NZ Stocks: Market sheds gains but better than overseas 25 Jul 2008 08:06 GMT
    ... closed looking far less sickly than its Australian counterpart. The benchmark NZSX-50 index dropped 33.07 ... about 6 per cent this week, as investors sold exporters such as Toyota Motor Corp ...

  • Dollar dips to finish week 25 Jul 2008 07:58 GMT
    ... THE Australian dollar closed weaker today, as a bout ... said. Higher interests attract capital inflows where investors have to buy that area's currency, hence ...

  • Midday Market Roundup 25/07/08 25 Jul 2008 07:57 GMT
    ... the back of the NAB announcement. National Australia Bank (NAB) announced it plans additional provision ... to 505c. Origin (ORG) says it welcomes investment opportunities identified in ESSA report on emissions trading. ...

  • Atlas Iron (ASX:AGO) Complete Scoping Study on Abydos Direct Shipping Iron Ore Project 25 Jul 2008 07:57 GMT
    ... Port Hedland in the Pilbara of Western Australia. Key outcomes from the conceptual mining study ... land access agreement. Atlas will continue to invest in a significant ongoing exploration effort at the ...


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