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Showing 31 - 40 of 48 results for "Cartel"

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... are designed purely to benefit life companies and banks. In an open letter to Loane, Dunsford accused her and the FSC of cartel-like behaviour, saying "the cartel of life insurance companies and banks that you lead is a disgrace, and is no different ...

Economic Wrap

ALEX DUNNIN  |  THURSDAY, 4 AUG 2016
Why Australia's banks passed on only half this week's rate cut Australia's banks are being heavily criticised for not passing on the full effect of this week's rate cut to consumers in lower mortgage rates. But with almost 60% of bank funding coming ...

The GFC is still among us: Varoufakis

LAURA MILLAN  |  WEDNESDAY, 2 DEC 2015
... reindustrialised and France was given the opportunity to administer the whole thing." This is why Vaoufakis argued that "The EU was a cartel. Its first name was European Community of Coal and Steel. Its bureaucracy was not designed as a government; it ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
... the early 70's and 80's when oil prices soared. Ahh yes, those were the days of global tension and hatred for the OPEC cartel and their oil embargo. The jump in crude prices from below US$5.00 a barrel to US$15.50 in 1973 induced a US recession, a stock ...

Oil slide, CEO pay and that "income recession"

BENJAMIN ONG  |  THURSDAY, 11 DEC 2014
... growth, I'll be a mug to predict where prices are headed in the very short-term, especially not when pricing is dictated by a cartel and not pure market fundamentals. Or on the flipside, prices could ramp up just as quickly if and when speculation of ...

Market Wrap AM

AAP  |  THURSDAY, 11 DEC 2014
... Beaten-down petroleum-linked stocks had another bad day as US oil prices sank to a fresh-five year low on a forecast by the OPEC cartel for lower demand for its oil in 2015. Dow members ExxonMobil and Chevron skidded nearly 3.0 per cent and 2.0 per cent ...

Market wrap

AAP  |  FRIDAY, 28 NOV 2014
... cut production. Oil prices have sunk to fresh four-year lows, with New York crude tumbling below $US70 after the OPEC oil cartel held its collective output ceiling. "The oil price is like a wet blanket over the whole market," said Lonsec senior client ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ...

Market Wrap AM

AAP  |  FRIDAY, 28 NOV 2014
The Australian market looks set to open lower after the OPEC oil cartel decided not to cut output despite a supply gut and falling crude prices. At 0825 AEST on Friday, the December share price index futures contract was down 17 points at 5,397. Wall ...

Market Wrap PM

AAP  |  WEDNESDAY, 31 JUL 2013
... $5.015. But Ms Roadley said the resources sector, and particularly smaller miners, had been hurt by news a Russian Potash cartel would be broken up. BHP was 18 cents lower at $34.77, while Rio Tinto had dropped three cents to $57.68. KEY FACTS * At 1025 ...