This is how the Australian Financial Review illustrated its story this morning spelling out the predicament facing APN – publisher of the New Zealand Herald and a raft of media assets across the Tasman: Regional newspapers, radio, outdoor advertising and digital. Judging by the indepth Australian media reports the stoush boils down to a strategic choice – raise capital to …
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Media’s Big Friday: APN profit downgrade, Scherer to leave Listener, The Nation continues! – more to come
REGIONAL publisher APN News & Media has spoilt the pre-Christmas party on the market for Australian publishing companies after unveiling a 10 per cent-plus profit downgrade yesterday. essay writer reviews That’s how The Australian headlined APN’s post market guidance last night that earnings before interest, tax, depreciation and amortisation would be $A150 million to $A155m. This figure is 11 per cent below …
Read More »No flutter on Melbourne Cup day – Aussie keeps its benchmark interest rate at 3.25 per cent
Australian Reserve Bank Governor Glenn Stevens kept the benchmark rate stable – currency and inflation were higher than expected. The global outlook had brightened. Australia still feeling the effects of the looser (read accomodative monetary policy) the RBA has waged. ANZ’s MORNING BRIEF EARLIER REPORTED: EVEN ODDS FOR A RBA RATE CUT ON MELBOURNE CUP DAY: The market is evenly priced for …
Read More »Food industry cooperation with Australia on the agenda
Australian Minister of Agriculture, Fisheries and Forestry Hon Joe Ludwig will visit New Zealand for bilateral and primary industries meetings over the next two days. Ludwig, who will be joined by Primary Industries Ministers from NSW, Victoria, Queensland and the Northern Territory, will meet with NZ Primary Industries Minister David Carter. “This visit is a valuable opportunity to discuss two-way …
Read More »Former UN Ambassador Terence O’Brien on Australia’s Security Council seat
Australia has a seat on the UN Security Council after an emphatic win in New York this week, and the key to Australia’s success in part was support from the African nations. Now New Zealand is also campaigning for its own seat in 2015 so what does Australia’s success mean for our bid? Former New Zealand Ambassador to the UN …
Read More »Murray McCully congratulates Bob Carr on Australia’s Security Council seat – Now where is NZ’s?
Foreign Affairs Minister Murray McCully today congratulated Australia, together with Luxembourg, Korea, Argentina and Rwanda, on their election to non-permanent seats on the United Nations Security Council. “I have congratulated Foreign Minister Carr on a well-fought campaign, which Australia thoroughly deserved to win,” McCully says. “New Zealand looks forward to working closely with Australia during its two-year tenure on the …
Read More »Progress towards single market with Australia
Commerce Minister Craig Foss has welcomed the passage of a Bill that enables greater cooperation between the Commerce Commission and its international counterparts. The Commerce Commission (International Co-operation, and Fees) Bill passed its third and final reading today. “This bill is another step towards creating a Single Economic Market with Australia,” says Foss. “The Commerce Commission will be able to …
Read More »DFAT: Eighth Australia New Zealand Leadership Forum looks at bilateral opportunities in “Asian Century.”
The Australia New Zealand Leadership Forum (ANZLF) is a business-led initiative designed to further develop the Australian and New Zealand bilateral relationship as well as joint relations in the region. The ANZLF brings together ministers and leaders of business, government and academia to create an independent public platform for consideration of the whole Australia New Zealand relationship. The inaugural forum …
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