Business Spectator

Computershare snaps up VTC assets

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Computershare to buy assets of the Valiant Trust Company (VTC) from Canadian Western Bank for around $C33m.

Oil prices rebound in volatile trade

by AFP
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Dealers weigh global supply glut, slow growth in world economy.

Cut, cut, reform: John Fraser

Treasury secretary blames budget hole on spending growth, calls for restraint.

Baird ahead despite PM woes: Newspoll

Baird government on track to be re-elected in NSW in narrower race, poll shows.

Business leaders turn on Abbott

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John Hartigan says PM cannot recover, political uncertainty hurting the economy.

Abbott pins hopes on policy reset

Embattled PM to seek backbench approval for a plan to save his government.

VW posts record profit, sales

by AAP
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Car maker remains cautious amid emerging market weakness, currency fluctuations.

Newcrest sells half of Evolution stake

by AAP
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Gold miner sells more than half of its one-third stake in Evolution Mining for $106m.

ANZ flags slump in major projects

by AAP
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Bank expects 60 per cent fall in large mining, infrastructure projects within three years.

Telstra claims ethernet certification tick

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Telco says it has received an international certification for its ethernet portfolio.

NBN review sinks hopes of cheaper ‘Rolls Royce’ model

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New NBN Co review means number of homes receiving full fibre connection unlikely to increase.

Webjet reaffirms FY guidance

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Group on track to meet earnings outlook after slight 1% decline in H1 profit.

Snapchat deal would value group at $US19bn

by AFP
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Vanishing-image service seeks to raise up to $US500 million in venture capital.

Abbott steps up metadata push

by AAP
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New data retention laws expected to cost up to $400 million per year: PM.

A 40% RET by 2030 would trigger major solar investment: report

by AAP
Australia Institute study solar farms would be competitive with gas by 2018.

Apple valuation tops $US700bn

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Tech giant closes at new record, first US company to reach $US700bn market cap.

REA Group profits jump 34%

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Company boosts revenues, expands growth pipeline with strategic investments in Asia, US.

Apple to sell $US5bn in bonds

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Tech giant taps market days after stellar iPhone sales numbers.

Trading Post sale ‘irrelevant’ to Telstra

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Speculation returns that Telstra will sell troubled Trading Post classified business.

Foxtel fires "triple play" broadband salvo

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Pay-TV company releases details of its long-awaited run at internet subscribers.

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