Razor gang to cut deeper in second round
The rudd government will embark on a new phase of its razor-gang cuts in a bid to make deeper, structural inroads in federal outlays on top of up to $4 billion in savings expected in the budget in May. The Fin Review
Early reform of AWB unlikely
Controversy plagued wheat marketer AWB is bracing for failure next week in its first attempt to push through a major restructure of the company to deal better with the impending deregulation of wheat exports. The Fin Review
All aboard, WA ponders new inter-city rail link
The West australian government is considering builfding a major railway at acvost of hundreds of million of dollars to link the Perth central business district with Bunbury, WA's second largest city, 175 kilometres to the south. The Fin Review
Rising costs, dollar hit BHP's nickel earnings
Escalating costs, a stronger Australian dollar and the start-up of the Ravensthorpe nickel mine have been blamed for a profit plunge at BHP Billiton's WA nickel business. The West
Surprise departure hits Mac shares
Macquarie Group Ltd shares took a pounding yesterday, with the surprise announcement that Allan Moss would step down after almost 15 years as chief executive, to be replaced by the group's hard driving investment banking chief Nicholas Moore. The Australian
THE WEST AUSTRALIAN
Business: BHP Billiton expects to file up to 100 regulatory applicatiopns before it can begin its audacious $US147.4 billion ($164.7 billion) quest to take over Rio Tinto in one of the most complex corporate bids ever.
The shade of Essington Lewis will be resting easily tonight. The company which he grew to be the titan of Australian industry is bidding to become the titan of the global resources industry.
Escalating costs, a stronger Australian dollar and the start-up of the Ravensthorpe nickel mine have been blamed for a profit plunge at BHP Billiton's WA nickel business.
