Monday, May 23, 2016

Australian dividends tipped to flatline in 2016 and other top stories.

  • Australian dividends tipped to flatline in 2016

    Australian dividends tipped to flatline in 2016
    Australian dividends tipped to flatline in 2016AAPMay 23, 2016 12:22PMSavePrint Dividend payments to Australian investors may not grow at all this year, a new survey shows. The Henderson Global Dividend Index shows that Australian dividends fell almost 50 per cent over the March quarter, compared to the same quarter in 2015.Australian dividend growth has been hit by Woodside Petroleum moving its payment to the second quarter and BHP Billiton cutting its distribution payout.Henderson Global Inves..
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  • House prices to fall by 10 per cent, say Capital Economics

    House prices to fall by 10 per cent, say Capital Economics
    Video will begin in 5 seconds. Property market still growing, but slowing Quarterly housing data from CoreLogic RP Data shows every capital city is growing bar Perth. PT1M49S 620 349 House prices in Australia will fall by about 10 per cent over 2019 and 2020, although a US-style housing collapse won't happen, according to a new paper from Capital Economics. If a US-style plunge in prices was going to happen in Australia, it probably would have taken place during the global fi..
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  • Network Ten deal is no WIN for Bermudan billionaire Bruce Gordon

    Network Ten deal is no WIN for Bermudan billionaire Bruce Gordon
    Video will begin in 5 seconds. Costello looks at media landscape Nine Entertainment Co chairman Peter Costello on potential deals that could follow if the Government can loosen media ownership restrictions. PT0M47S 620 349 It is hard to pick a bigger casualty of the broadcast sector bloodbath than billionaire Bruce Gordon.The latest broadcast deal, announced on Monday, will see Gordon's privately owned regional broadcaster, WIN, swap Nine's high-rating TV feed for the distant..
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  • Victoria targets Airbnb landlords and visiting party animals

    Victoria targets Airbnb landlords and visiting party animals
    No more carry on: Victoria is to bring in new rules to tackle short-stay party houses Andrew Harrer Victoria is cracking down on landlords who have allowed their apartments to be turned into party houses by short-stay guests using services such as Airbnb.Under the tough new laws, the state's planning tribunal can ban landlords from letting their apartments for short stays if they are repeatedly used for wild parties or activities that disrupt o..
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  • The Good Guys proceeds with $800m IPO even as JB Hi-Fi interested in purchase

    The Good Guys proceeds with $800m IPO even as JB Hi-Fi interested in purchase
    JB Hi-Fi addresses acquisition of The Good Guys Appliances retailer The Good Guys is pressing ahead with plans for an $800 million initial public offer despite strong interest from trade buyers including JB Hi-Fi and Steinhoff International.Chairman Andrew Muir confirmed on Monday that he had appointed Credit Suisse, Goldman Sachs and UBS as joint lead managers for a planned initial public offer.However, Mr Muir said he would also consider any alternate ownership proposals that ..
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  • Election and Brexit hits Flight Centre revenue

    Election and Brexit hits Flight Centre revenue
    Adjustment: Flight Centre had forecast profits would rise by up to 8 per cent. Photo: The federal election campaign in Australia and Britain's Brexit debate have contributed to Flight Centre Travel Group's third profit downgrade in 18 months, undermining the company's reputation for beating its own profit forecasts.Flight Centre shares fell 9 per cent, or $3.29, to $33.55 on Monday after it revealed full-year underlying earnings before tax were expected to ..
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  • ACCC to appeal $1.7 million fine over misleading Nurofen products

    ACCC to appeal $1.7 million fine over misleading Nurofen products
    The ACCC says the $1.7 million fine is inadequate. Photo: Supplied The consumer watchdog will appeal a $1.7 million fine issued to the maker of Nurofen over its misleading "specific pain" range, saying it should be increased to at least $6 million.The Australian Competition and Consumer Commission says the fine handed down in the Federal Court last month is not severe enough to deter a company as large as Reckitt Benckiser​ from deceiving customers. The co..
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  • Jablko takes ANZ CFO role, Feletto becomes sole Greenhill chief

    Jablko takes ANZ CFO role, Feletto becomes sole Greenhill chief
    Michelle Jablko, co-head of the investment bank Greenhill, to become ANZ's CFO. Louise Kennerley The appointment of Greenhill Australia co-head Michelle Jablko to the high-profile position of ANZ Banking Group's CFO is good and bad news for the independent advisory firm.While Jablko moving to CFO at one of the nation's major banks is an endorsement of Greenhill's talent pool, it also comes as a blow to the firm as it loses a co-head and experie..
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  • Share market finishes lower as investors pile into safe haven gold companies

    Share market finishes lower as investors pile into safe haven gold companies
    Share market finishes lower as investors pile into safe haven gold companies Updated May 23, 2016 17:47:27 The Australian share market has finished lower, pulled down by financials and mining stocks, as investors piled into safe haven gold companies.The ASX 200 lost 0.6 per cent to 5,319 while the All Ordinaries dipped 0.6 per cent to 5,385.Westpac dipped 1.3 per cent and NAB slipped 0.6 per cent.Among miners, BHP Billiton dropped 2.6 per cent to one-week lows of $18.37..
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  • Arrium sale process to start in late July

    Arrium sale process to start in late July
    The fate of the Whyalla steelworks is a headache for Prime Minister Malcolm Turnbull, as administrators KordaMentha said they would start a formal sale or recapitalisation process in late July. Arrium's administrators KordaMentha will officially start a formal process in late July  for the sale or recapitalisation of the collapsed steel company and say they have been contacted already by many "credible" local and international parties.They aim to have that pr..
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St Kilda defeats Essendon by 46 points at Etihad Stadium in Round 9 .This Amazing Carbon Fibre Pavillion Was Woven By A Robot .
Students come to table for Toowoomba's Family Week .Australian Ethical flags 86pc lift in annual profit .

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