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| | | ... all scheduled to speak at the ASTRA 2012 conference in Sydney. In Australia, the market on Wednesday closed lower, with mining stocks suffering heavy falls as investors fretted over fresh signs of a slowing Chinese economy. The benchmark S&P/ASX200 index ... |
| | | | ... had commodities fall overnight so our commodity stocks have fallen today," he said. "BHP is leading the charge lower." Mining giant BHP Billiton fell 64 cents, or 1.81 per cent, to $34.67, while Rio Tinto lost 84 cents, or 1.28 per cent, to $64.77. Wall ... |
| | | | ... closed off the sessions lows. The Wall Street slump echoed losses in European and Asian equities markets after Australian mining giant BHP Billiton warned Tuesday that China's iron ore demand appeared to be flattening, raising growth alarms on the world's ... |
| | | | Super industry bodies have heralded last night's passing of the mining tax legislation, which paves the way for the gradual SG rise to 12 %, as an "historic" day for Australians. The legislation also provides for a super tax rebate for low-income earners ... |
| | | | ... as planned. That is, in the words of Australian Federal Treasurer Wayne Swan, it would "help spread the benefits of the mining boom to every corner of our economy." Perhaps the slow grind of our own virtuous cycle will start spinning faster. For for ... |
| | | | ... to a 10-week high on Monday. CANBERRA - Finance Minister Penny Wong says she is confident the government's newly passed mining tax will survive any High Court challenge the opposition might launch against itATHENS - Greece's struggling economy will contract ... |
| | | | ... their super balance. The 3% SG hike passed through the lower house near the end of last year as part of the package on mining tax, and is expected through the Senate at some stage today. If it gets the green light, the rise will come in on a staggered ... |
| | | | ... provide tax cuts for business and investment in infrastructure. "All Australians deserve to share in the benefits of the mining boom," said the release. "The Gillard Labor Government will continue the fight to ensure more Australians enjoy the opportunities ... |
| | | | ... in Sydney was $US1,656.10 per fine ounce, up $US12.365 from Thursday's local close of $US1,643.735 per ounce. Newcrest Mining was 18.5 cents lower at $30.085, while Kingsgate Consolidated had risen 12 cents to $6.70. Making news on Friday, port and rail ... |
| | | | ... in Australia luncheon in Sydney. In Australia, the market on Thursday closed lower after weaker metals prices weighed on mining stocks along with concerns about China's demand for commodities. The benchmark S&P/ASX200 index was down 9.4 points, or 0.22 ... |
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