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Exchanges rates on 30 Jul 2008
	1 EUR = 0.610	AUD
	1 USD = 0.963	AUD
	1 JPY = 101.930	AUD
	1 GBP = 0.483	AUD
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	NEWS TAPE

30 Jun 2008 22:42

PGG Wrightson Agrees to Buy Half of Silver Fern Farms (Update2) : PGG Wrightson Ltd., New Zealand's largest agricultural services company, agreed to pay NZ$220 million ($168 million) for half of meat processor Silver Fern Farms Ltd. to cut costs and ...

New Zealand's Home-Building Approvals Declined 42% in May : New Zealand home-building approvals fell 42 percent in May from April, adding to signs that the property market is slowing as credit costs increase and consumer confidence slumps. ...
30 Jun 2008 22:39

30 Jun 2008 22:32

Australian Dollar Rises to 25-Year High as Commodities Advance : The Australian dollar rose to its highest level in 25 years as prices of the nation's iron ore and coal exports climbed to records and steelmaker ArcelorMittal led companies buying stakes ...

Babcock & Brown Refinances A$2.8 Billion of Debt (Update1) : Babcock & Brown Ltd., Australia's second biggest securities firm, agreed to a higher interest rate on A$2.8 billion ($2.7 billion) of debt as banks waived their right to force early repayment. ...
30 Jun 2008 22:24

Posco Buys 10% Macarthur Stake After Mittal Purchase (Update3) : Posco, Asia's third-biggest steelmaker, agreed to pay about A$424 million ($408 million) for a 10 percent stake in Macarthur Coal Ltd. after ArcelorMittal boosted its stake in the ...
30 Jun 2008 22:12

Qantas, Engineers Postpone Talks on Pay Until July 2 (Update1) : Qantas Airways Ltd., Australia's biggest airline, and its labor union have postponed a meeting to discuss a clash over pay until July 2, extending a dispute that's left hundreds of flights ...
30 Jun 2008 22:00

TD Securities' Australian Inflation Index Accelerates to 4.8% : An index measuring Australian inflation rose in June as fuel and rental costs surged, reinforcing expectations the central bank will keep borrowing costs at a 12-year high. Consumer prices surged 4.8 percent from a year earlier, breaching the 3 percent limit of the Reserve Bank of Australia's inflation target, according to a monthly gauge released by TD ...
30 Jun 2008 21:40

25 Jun 2008 14:02

Australian, N.Z. Dollars Rise as Fed May Delay Raising Rates : The Australian and New Zealand dollars climbed on speculation the Federal Reserve will delay raising interest rates, maintaining the yield advantage offered by the two South Pacific nations. ...

Australia Sugar Exports May Be Reduced By Mill Outage (Update1) : Sugar exports from Australia, the world's third-largest shipper, may be crimped by the closure of a CSR Ltd. mill in Queensland state. CSR may need as long as 14 weeks to replace a damaged tank at its Pioneer mill, said Ian Ballantyne, chief executive officer of industry group Canegrowers, citing estimates from the ...
25 Jun 2008 13:53

25 Jun 2008 13:29

Macarthur Shares Drop After ArcelorMittal Talks End (Update2) : Macarthur Coal Ltd., the world's largest exporter of pulverized coal used in steelmaking, dropped the most in three months in Sydney trading after ArcelorMittal pulled out from takeover ...

Transurban, Babcock Power Tumble on Debt Concerns (Update1) : Transurban Group, Babcock & Brown Power and APN/UKA European Retail Property Group tumbled in Sydney after cutting dividends, fueling doubts about their debt- driven business models. ...
20 Jun 2008 11:55

20 Jun 2008 11:49

Australian, N.Z. Dollars Head for Weekly Gain on Rate Advantage : The Australian and New Zealand dollars headed for weekly gains on speculation the nations will maintain their interest-rate advantage over the U.S. as the Federal Reserve may delay ...

Rio, BHP May Share Pilbara Rail Network With Rivals (Update1) : Rio Tinto Group and BHP Billiton Ltd., the world's second and third-largest iron ore exporters, may have to share their rail networks in Australia's Pilbara region with competitors under a ...
10 Jun 2008 12:15

10 Jun 2008 12:08

Australian, New Zealand Dollars Slide on Intervention Comments : The Australian dollar fell the most in 11 weeks and New Zealand's currency slid to near a four-month low after U.S. Treasury Secretary Henry Paulson said he would ``never'' rule out ...

Australia's Home-Loan Approvals Drop for Third Month (Update2) : Australian home-loan approvals fell for a third month in April as buyers shunned the property market after borrowing costs rose to a 12-year high. The number of loans granted to people to build or buy homes or apartments slipped 3 percent, after March's revised 5.7 percent drop, the statistics bureau said in Sydney today. That was ...
10 Jun 2008 12:02

30 May 2008 19:49

Australia, N.Z. Dollars Decline This Week on Economic Concern : The Australian and New Zealand dollars fell this week on signs growth is slowing as prices of the commodities the two nations export declined. Australia's currency, known as the Aussie, fell from a 25- year high as the UBS Bloomberg Constant Maturity Commodity Index of 26 items dropped 3.5 percent, the biggest weekly decline ...

Fonterra Raises Milk Payout Forecast 77% on Drought (Update2) : Fonterra Cooperative Group Ltd., the world's biggest exporter of dairy products, forecast a 77 percent increase in its milk payment to farmers after drought in New Zealand slowed a decline ...
30 May 2008 19:32

30 May 2008 19:28

BG Drops to One-Month Low After Origin Rejects Bid (Update1) : BG Group Plc, the third-biggest U.K. natural-gas company, fell to a one-month low in London trading after Origin Energy Ltd., Australia's biggest producer of gas from coal seams, rejected ...

Boart Longyear Shares Rise on Higher Sales Forecast (Update2) : Boart Longyear Ltd., a provider of drilling services to mining companies including BHP Billiton Ltd., rose by the most in almost three months in Sydney trading after lifting its full-year ...
30 May 2008 19:25

Australian Borrowing Rises by Least in Seven Years (Update1) : Lending to Australian consumers and businesses by banks and other financial institutions grew in April by the least since July 2001, amid the highest borrowing costs in 12 years. ...
30 May 2008 19:25

General Electric May Sell Its Wizard Australian Unit (Update2) : General Electric Co., selling consumer finance businesses after quarterly earnings fell for the first time in five years, may divest a mortgage unit in Australia as loan growth slows after ...
27 May 2008 19:52

ABB Grain Climbs After Raising Annual Profit Forecast (Update1) : ABB Grain Ltd., Australia's largest barley exporter, rose the most in three months in Sydney trading after increasing its annual profit forecast. ABB Grain jumped 8.4 percent at the 4:10 p.m. market close, making it the best performer on Australia's benchmark S&P/ASX 200 Index. Profit may climb to between A$33 million ($32 ...
27 May 2008 19:46

Coca-Cola Amatil Forecasts `High Single Digit' Growth (Update1) : Coca-Cola Amatil Ltd., Australia's biggest soft-drink maker, forecast profit growth in the ``high single digits'', rebounding from little-changed earnings in the second half of 2007, as ...
15 May 2008 13:25

07 May 2008 13:25

Australian, New Zealand Dollars Strengthen as Commodities Gain : The Australian and New Zealand dollars gained against the yen as rising prices of commodities improved the outlook for the nations' export earnings. Australia's dollar climbed for a sixth day against the yen and New Zealand's dollar advanced for a fourth after the UBS Bloomberg Constant Maturity Commodity Index gained for a third day ...

JFE, Vale, Partners to Boost Australian Coal Output (Update1) : Nippon Steel Corp., JFE Holdings Inc. and Posco, Asia's three largest steelmakers, will join Cia. Vale do Rio Doce to increase production almost fourfold at a jointly owned coal mine in ...
07 May 2008 13:14

30 Apr 2008 14:02

Rio to Study Expanding Queensland Alumina Production (Update2) : the world's third- largest mining company, may expand output by 26 percent at the Queensland Alumina Ltd. refinery in Australia to meet rising demand for aluminum from China. ...

Australian Consumer, Business Borrowing Rose 0.8% in March : Growth in lending to Australian consumers and businesses by banks and other financial institutions accelerated in March even as the central bank raised borrowing costs to the highest in 12 ...
30 Apr 2008 13:52

29 Apr 2008 12:55

Aristocrat Falls to Lowest Since 2004 as Net Stalls (Update2) : , the world's second-largest maker of slot machines, fell to a three-and-a-half year low in Sydney trading after forecasting a third straight year of little or no profit growth. ...

Aditya Shares Surge on Record Profit, First Dividend (Update1) : Aditya Birla Minerals Ltd., the Australian copper mining unit of India's Hindalco Industries Ltd., rose the most seven weeks in Sydney trading after posting a record profit and paying a ...
29 Apr 2008 12:40

23 Apr 2008 12:14

BHP Iron Ore Output Rises 22%, Beating Gain by Rio (Update4) : BHP Billiton Ltd., the world's biggest mining company, said third-quarter iron ore output rose 22 percent to a record, bolstering its hostile $170 billion bid for Rio Tinto Group. ...

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30 Jun 2008

PGG Wrightson Agrees to Buy Half of Silver Fern Farms (Update2)

Babcock & Brown Refinances A$2.8 Billion of Debt (Update1)
30 Jun 2008

New Zealand's Home-Building Approvals Declined 42% in May
30 Jun 2008

30 Jun 2008

Australian Dollar Rises to 25-Year High as Commodities Advance

Qantas, Engineers Postpone Talks on Pay Until July 2 (Update1)
30 Jun 2008

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