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| | | Resources stocks propped up the Australian share market in quiet intra-day trading, with the strong bid for Centennial Coal Ltd signalling the minerals resource rent tax will attract foreign capital into Australia. At 1200 AEST, the benchmark S&P/ASX200 ... |
| | | | ... government co-investment rebate concept, and a narrowing of the scope of the tax to the most profitable minerals in iron ore and coal. The compromise reduces expected revenue from the mining tax by $1.5 billion, which Treasurer Swan this morning said ... |
| | | | ... replacing it with a 30 per cent levy which will hit a lesser number of companies. The new tax will apply to iron ore and coal projects, and the petroleum resource rent tax will be extended to all onshore and offshore oil and gas projects, including coal ... |
| | | | ... Management conducts an auction of $400 million of Treasury Notes maturing on October 22,2010. In equities news, Guildford Coal Ltd lists on Australian stock exchange, and National Australia Bank chief executive officer Cameron Clyne addresses a Trans-Tasman ... |
| | | | Financial markets have comeback to reality after being distracted by the renminbi sideshow courtesy of the Peoples Bank of China. They've woken up to the reality that their dream of a floating, dearer yuan is just that a dream. Oh yes, the PBOC tried ... |
| | | | ... firm's board as a non-executive director. Brenner is a non-executive director of AMP Life, Coca Cola Amatil and Centennial Coal Company in addition to her role on the Takeovers Panel. The Takeovers Panel is a peer review body that resolves disputes about ... |
| | | | ... 53,757 contracts traded. About four stocks rose for every one that fell. Stocks including News Corp, Asciano and Centennial Coal were the biggest gainers on the day. Cameron Securities client adviser Adrian Leppinus said local stocks gained after equities ... |
| | | | ... an estimated wealth of $610 million is Phil Mathews. BRW said his hedge fund business, Mathews Capital Partners, bets on coal and coal seam gas companies had paid off in the past year. Michael Hintze, London-based hedge fund manager, also made the list ... |
| | | | ... Sensis chief executive Bruce Akhurst is scheduled to address an American Chamber of Commerce in Australia luncheon in Sydney. Coal Tech 2010 begins in Brisbane, and the Association of Mining and Exploration Companies Convention 2010 begins in Perth. ... |
| | | | Opposition is growing to increasing the Superannuation Guarantee and the super funds industry has a major fight on its hands. The Australian Chamber of Commerce and Industry (ACCI) said it rejects financial services industry claims that the SG increase ... |
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