Publication: Trading Room

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Spend less or tax more, Parkinson says

Australians expect more from their government than they are willing to pay and the community will need to decide whether it wants to cut spending or raise taxes, Treasury secretary Martin Parkinson says.Dr Parkinson said community expectations would need ... [Published Trading Room - May 21 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Transfield Services cuts 113 jobs

Engineering firm Transfield Services is cutting 113 jobs and has reduced its profit guidance because of delays to mining projects."Ongoing uncertainty in commodity markets is resulting in the delay to, and deferment of, a range of resources and infrastructure ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Optus starts new 4G technology in Canberra

Summary of Optus' proposed network improvements* Launch of new 4G services in Canberra, with mobile broadband dongle and wi-fi modem on sale from June* Optus 4G network to cover 70 per cent of Australia's metropolitan population by middle of 2014 * 3G ... [Published Trading Room - May 20 2013]
Entities: Optus, Canberra, 4G
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Fuel tipped to rise by up to 5 cents/litre

As the Australian dollar drops, the price of petrol is on the rise.Motorists should expect to be paying up to four to five cents more over the next two weeks, Commsec economist Savanth Sebastian said.The lift has reversed recent gains for consumers, and ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Decision looms over Qld 'mega-port'

A decision on a "mega port" for the Great Barrier Reef will be made within 40 days, the Australian Marine Conservation Society says.The proposal by North Queensland Bulk Ports to dredge three million tonnes of seabed at Abbot Point, near Bowen, is now ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Aust bond prices lower

Australian bond futures are lower in the wake of improved US confidence data late last week, but spent the local session trading in a narrow range.UBS interest rate strategist Matthew Johnson said local bond futures sold off on Friday night following ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Higher priority issues than GST: ACCI

A key business lobby group doesn't believe there's a compelling case to broaden or increase the GST.Opposition Leader Tony Abbott says there will be a review of taxation, including the 10 per cent, GST if the coalition wins the September election.But ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Farmers need power to block CSG: Greens

Farmers would have the right to say no to coal seam gas (CSG) exploration on their land under a federal Greens policy.In a bid for rural votes ahead of the September federal election, Greens leader Christine Milne has assured bush communities the party ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Labor opposes any GST changes: Emerson

West Australian Premier Colin Barnett told The West Australian newspaper a fresh look at the GST was needed."It's been more than a decade since the GST was introduced so it's appropriate that it be re-examined and all issues considered," Mr Barnett s ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Most feel short-changed by budget: polls

Most Australians believe they will be worse off after last week's federal budget, according to two separate opinion polls.Treasurer Wayne Swan's sixth budget included $43 billion in spending cuts and tax increases over four years, failed to deliver a ... [Published Trading Room - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Melbourne Airport's expansion plans

MELBOURNE AIRPORT'S EXPANSION PLANS* A third runway, 3km long, to the south of existing runways.* An elevated loop road above the existing road network. * The eventual construction of an airport rail link.* 64 million passengers expected to use Melbourne ... [Published Trading Room - May 20 2013]
First reported May 16 2013 - Updated May 17 2013 - 2 reports

Asia shares mostly up after US stocks dip

Asian shares were mostly stronger on Friday as Japanese stocks hit a fresh multi-year high after Wall Street dipped on weaker-than-expected economic data.The dollar gained slightly in Asia as investors cautiously adjusted their positions following its ... [Published Trading Room - May 17 2013]

Quotes

"But the message is this is a challenge for us and it applies equally, whether you are talking about local government, state government or commonwealth government."
"More immediately, scope reductions and cancellations of works across the operations and maintenance sector are impacting earnings in the short term."
The society's Felicity Wishart says the minister has until early July to decide whether or not to accept the proposal. "This dredging plan will support the creation of the world's biggest coal port, less than 50kms from the Whitsunday Islands" Ms Wishart said in a statement
But Australian Chamber of Commerce and Industry chief economist Greg Evans does not believe a debate on the GST is a high priority. "The view among business on this issue is not compelling" he told reporters in Canberra on Monday

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sort by: Date | Relevance
Spend less or tax more, Parkinson says [Published Trading Room - May 21 2013]
Transfield Services cuts 113 jobs [Published Trading Room - May 20 2013]
Fuel tipped to rise by up to 5 cents/litre [Published Trading Room - May 20 2013]
Aust bond prices lower [Published Trading Room - May 20 2013]
Optus starts new 4G technology in Canberra [Published Trading Room - May 20 2013]
Decision looms over Qld 'mega-port' [Published Trading Room - May 20 2013]
Higher priority issues than GST: ACCI [Published Trading Room - May 20 2013]
Farmers need power to block CSG: Greens [Published Trading Room - May 20 2013]
Most feel short-changed by budget: polls [Published Trading Room - May 20 2013]
Labor opposes any GST changes: Emerson [Published Trading Room - May 20 2013]
Melbourne Airport's expansion plans [Published Trading Room - May 20 2013]
Overseas Stocks - May 20 [Published Trading Room - May 19 2013]
Abbott victory will take Aust back 50 yrs [Published Trading Room - May 19 2013]
Labor 'totally opposed' to GST changes [Published Trading Room - May 19 2013]
Oil rallies as US consumer sentiment rises [Published Trading Room - May 17 2013]
European stocks stage rebound [Published Trading Room - May 17 2013]
Spain posts trade surplus [Published Trading Room - May 17 2013]
Asia shares mostly up after US stocks dip [Published Trading Room - May 17 2013]
Tokyo market seen to stay bullish [Published Trading Room - May 17 2013]
European stock markets slip at open [Published Trading Room - May 17 2013]
$A hits fresh low, heading lower [Published Trading Room - May 17 2013]
Swan warns coalition will 'slash and burn' [Published Trading Room - May 17 2013]
The views of Gina Rinehart [Published Trading Room - May 17 2013]
Super delay is economic vandalism: Swan [Published Trading Room - May 17 2013]
Union membership steady: ABS [Published Trading Room - May 17 2013]
Takeovers - May 17 [Published Trading Room - May 17 2013]
A red-inked budget, Swan toughs it out [Published Trading Room - May 17 2013]
London Metals Bulletin - May 16 [Published Trading Room - May 17 2013]
Libs budget claims 'house of cards': Rudd [Published Trading Room - May 16 2013]
US stocks dip on middling data [Published Trading Room - May 16 2013]
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