Westpac may have to boost $17.6 billion St George bid (Reuters)
Reuters - Westpac Banking Corp Ltd , which has bid $17.6 billion for St George Bank in the biggest banking takeover ever in Australia, is bracing for rival offers to emerge that could push the price tag even higher.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China. 
BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Leighton reports 37% profit rise
Leighton Holdings announced a 37 per cent increase in net operating profit for the first nine months of fiscal 2008.
ASX buoyed by earnings results
The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
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Westpac offer 'in the ball park'
Most analysts say Westpac's offer of $33.10 for each St George share is fair, but some are still hoping for more.
Review: iASUS Concepts Mobile Amp
Like some other such devices, including Upbeat Audio’s Boosteroo Revolution, the pitch here is that you plug this in to the headphone port of your iPod, then turn your iPod...
GPT operating profit up
GPT Group has reported a 14.5 per cent fall in annual earnings and says it expects to maintain distributions in 2008, given challenging market conditions.
02/27/08
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BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
Westpac Banking Corporation and St George banks in merger talks
Westpac Banking Corporation, Australia's oldest company, is in talks with St George, a former building society, about merging to form a A$64 billion ($£31 billion) institution.
Westpac likely to outsource 3000 jobs
WESTPAC is expected to shift the work of up to 3000 back-room staff to overseas locations such as India over the next three years in an accelerated plan to cut costs being put...
Babcock & Brown forecasts 15% growth
Babcock & Brown has forecast annual profit growth of at least 15 per cent in 2008 after it posted a large rise in 2007 annual profit.
Crown casinos continue to expand in US
Casinos operator Crown is continuing to expand in the United States and says its Australian casinos are performing strongly.
BHP Billiton raises Rio Tinto...
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a...
Shares of BHP Billiton, Rio Tinto...
Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover...
Westpac and St George Bank mull...
Westpac Banking Corporation, Australia’s oldest company, is in talks with a
smaller rival to create a A$64 billion ($£31 billion) institution with a
customer base...
Write-off, but Leighton on track
LEIGHTON HOLDINGS has reaffirmed its full-year profit forecasts remain intact, despite the contractor writing off the remainder of its $117.5 million direct and indirect investments in Sydney's Lane Cove Tunnel.
Australia's Leighton Holdings wins US$720 million India pipeline project
Leighton International, a subsidiary of Australia's Leighton Holdings Ltd., said Tuesday that it has won a US$720 million (€470 million) to build pipelines offshore the west coast of India.
Telstra rivals slam broadband tender
TELSTRA'S competitors have lashed out at the Federal Government after it released details yesterday of the tender for a national $8 billion-plus broadband network which they...
Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
Market dips as Tabcorp, Tatts slump
Australian shares fell 0.5%, as Tabcorp and Tatts Group tumble on the loss of a key market for their slot machines.
BHP makes formal bid for Rio Tinto
Read full story for latest details.
ASX over 2% lower at noon
The Australian stock market fell over three per cent following large falls on Wall Street last week and dragged down by local banks.
China, US aluminum giants buy into...
AFP - Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle...