Rebound in China's property market continues improving outlook for iron ore
Property prices in China are rising again, but will it last? Bloomberg The rebound in China's housing market continued in February, supporting the recent iron ore rally, but leading to fears of a Japanese style property collapse as prices surge in major cities.New home prices rose on a monthly basis in 47 of the 70 largest cities across China, up from 38 in January, according to the National Bureau of Statistics.Prices declined in 15 cities an..>> view originalWiseTech seeks $1b ASX listing to fund global growth
WiseTech Global chief executive Richard White: "We really want Australian technology to flourish in this country." Louie Douvis Logistics software giant WiseTech Global will become the latest $1 billion-plus software company to list on the Australian market in April, after founder Richard White resisted the temptation to follow in Atlassian's footsteps and float his global firm on the Nasdaq.Mr White, a former musician who used to repair guit..>> view originalASX inches higher as Fed-fuelled rally fades
A rally in Australian shares sparked by the US Federal Reserve's decision to slow its rate rise pace ran out of steam Friday afternoon, but the local market still managed to eke out a gain for the week.The benchmark S&P/ASX 200 index rose 0.3 per cent to 5183.1, after earlier in the session climbing to 5216.2, while the broader All Ordinaries index gained 0.25 per cent to 5239.3.After rising four sessions out of five, the ASX 200 also added 0.3 per cent for the week, chalking up its third strai..>> view originalBillionaire Solly Lew says some house price bubble dangers loom
Video will begin in 5 seconds. Chinese pullback could kill apartment market, says Douglass Fund manager Hamish Douglass says if the Chinese government starts restricting overseas investments, Australia's apartment market faces a "dramatic" impact. PT0M50S 620 349 Billionaire Solomon Lew says there is some danger for property buyers in the sharp rise in house prices – but he says record-low interest rates are unequivocally good for businesses.Mr Lew, who sits at No.17 in the BR..>> view originalTelstra on Foxtel: Get me outta here
Departing Foxtel CEO Richard Freudensteinplayed a key role in the renewal of its blockbuster sports rights deals with the AFL and the NRL. Photo: Getty Images "Make it Yours", Foxtel's new advertising campaign will shout through the television set on Sunday night.It's Foxtel's latest effort to persuade us we can get all of our entertainment needs met by subscribing to its cable and satellite service, as 2.7 million homes already do, paying as much as $135 a ..>> view originalQueensland Nickel: Dam at Clive Palmer's refinery seeping millions of litres of contaminated water daily
Queensland Nickel: Dam at Clive Palmer's refinery seeping millions of litres of contaminated water daily Updated March 18, 2016 16:53:05 Millions of litres of contaminated water is seeping from a massive dam at Clive Palmer's north Queensland nickel refinery every day.The seepage of more than 4 million litres of water is collected in a series of trenches and dams before being pumped back into the unlined tailings dam.The Department of Environment is understood to be gra..>> view originalHousing sector not the only risk: RBA
Video will begin in 5 seconds. Sluggish salaries to slow Sydney, but not Melbourne real estate Clancy Yeates discusses recent predictions about the Sydney and Melbourne housing markets. PT1M27S 620 349 The Reserve Bank says the property sector isn't the only potential risk for Australia's financial system.RBA head of financial stability Luci Ellis says the central bank is monitoring the system as a whole, rather than just housing."There are things going on in other markets dom..>> view originalTreasurer Scott Morrison promises foreign investment crackdown after controversial Darwin port sale to China
Australian Treasurer Scott Morrison has promised a ‘formal review’ of all future major asset sales to overseas investors.Kara VickeryNews Corp Australia NetworkTHE Federal Government has announced it will strengthen Australia’s foreign ownership rules, just months after copping criticism for failing to properly assess the sale of the Port of Darwin.Treasurer Scott Morrison said from March 31 the Foreign Investment Review Board would “formally review” all critical infrastructure asset sales — upp..>> view originalNine takes 10 per cent in Southern Cross
APRA puts CommInsure culture under scrutiny
The culture and rumeneration structures at Commonwealth Bank's insurance arm will face scrutiny from the prudential regulator in the wake of the insurance giant's claims mishandling scandal.The Australian Prudential Regulation Authority has told a parliamentary inquiry it will take a close look at the troubled insurer's business culture, which has come under scrutiny after a Fairfax Media and Four Corners investigation found the company denied claims and adopted unethical policies.CommInsure de..>> view original
Friday, March 18, 2016
Rebound in China's property market continues improving outlook for iron ore and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment