Byline: Matt Chambers Sep 03, 2017 (The Australian - ABIX via COMTEX) -- The latest financial results of BHP Billiton and Rio Tinto were boosted by the rise in iron ore and coal prices. BHP's chief commercial officer Arnoud Balhuizen says the resources giant expects the price of iron ore to remain ... (Publication: Australasian Business Intelligence)
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BHP Upbeat on Ore, Coal Price Outlook
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Gallery Muzzled on Namatjira Art
Byline: Rosemary Neill Sep 03, 2017 (The Weekend Australian - ABIX via COMTEX) -- Sydney-based Legend Press has owned copyright over the works of noted indigenous artist Albert Namatjira since 1983. The copyright was sold to it by Northern Territory authorities for just $A8,500, without consulting ... (Publication: Australasian Business Intelligence)
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ABC Ad Tech Deal Riles Competitors
Byline: Darren Davidson Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Nine Entertainment Company CEO Hugh Marks is among the media industry executives to criticise the ABC's latest push into the commercial sector. The ABC is holding talks with NewsMaven about a revenue-sharing arrangement ... (Publication: Australasian Business Intelligence)
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Magellan's Massive Float the Fund Manager's Boldest Step Yet
Byline: Vesna Poljak Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Magellan Financial Group is accepting applications for its new listed investment trust, the Magellan Global Trust, at $A1.50 per unit. Although Magellan has not announced a target in terms of how much it wants ... (Publication: Australasian Business Intelligence)
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GetUp! Founder Seeds Debt Fund
Byline: Ben Potter Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Infradebt CEO Alexander Austin says he hopes to grow its newly launched Infradebt Ethical Fund to over $A500 million within five years. The fund has attracted an initial investment of $A50 million from Future ... (Publication: Australasian Business Intelligence)
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Days Numbered for the Bank Account: ASIC
Byline: James Eyers Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Australian Securities & Investments Commission chairman Greg Medcraft says central banks may start issuing digital currencies within the next decade. This would enable consumers to bank directly with them, thus ... (Publication: Australasian Business Intelligence)
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Ten Creditors Look Set to Approve CBS Deal
Byline: Max Mason Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Ten Network's administrator KordaMentha will release a creditors' report on 4 September, which will include an update on the sale process. Meanwhile, Ten suitor CBS Corporation has become the broadcaster's only ... (Publication: Australasian Business Intelligence)
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Team X Keeps Tax Aid on Agenda
Byline: Rosie Lewis and Darren Davidson Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Independent senator Nick Xenophon remains optimistic that his party can secure a deal with the Federal Government regarding cross-media ownership reforms. However, he stresses that any deal would be ... (Publication: Australasian Business Intelligence)
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Bookmaker Shannon to Launch Online Lottery Business
Byline: John Stensholt Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Former Ladbrokes Australia CEO Dean Shannon is expected to spend up to $A10 million on advertising during the 2017 spring racing carnival to promote his new business, Neds. The Neds website promotes the ... (Publication: Australasian Business Intelligence)
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Nearly 50 Programmed Executives Get Retention Payments
Byline: Jenny Wiggins Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Programmed Maintenance Services' shareholders will vote on its proposed $A778 million takeover by Japanese firm Persol Group at a meeting on 6 October. Persol is offering $A3.02 per share, as well as a special ... (Publication: Australasian Business Intelligence)
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Expert Slams 'Appalling' ACMA Research into Kids' Viewing
Byline: Stephen Brook Sep 03, 2017 (The Australian - ABIX via COMTEX) -- The validity of an Australian Communications & Media Authority report on children's TV has been questioned by Patricia Edgar, who developed the "C" classification system. The ACMA report concluded that Australian children ... (Publication: Australasian Business Intelligence)
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TopBetta Set for Big Spring Racing Carnival
Byline: John Stensholt Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- TopBetta chairman Nick Chan is hoping the upcoming 2017 spring racing carnival will boost interest in The Global Tote. TopBetta has a provisional deal with Ladbrokes for the bookmaker to use The Global Tote, ... (Publication: Australasian Business Intelligence)
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Jobs for School Leavers Dry Up
Byline: Stefanie Balogh Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Liberal-National MP Andrew Laming will chair a federal parliamentary inquiry into how to improve the transition from school to the workforce. The Federation of Parents & Citizens Association of New South Wales suggests that ... (Publication: Australasian Business Intelligence)
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Ed Miliband: Evidence against Murdoch Bid for Sky Is Growing
Byline: Graham Ruddick Sep 03, 2017 (The Guardian - ABIX via COMTEX) -- The UK Government will shortly decide whether to refer 21st Century Fox's takeover bid for Sky plc to the Competition & Markets Authority. An inquiry by the CMA would prevent Fox from finalising the Stg11.7bn deal for at least ... (Publication: Australasian Business Intelligence)
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Young Workers Pay for Dire Deals
Byline: Grace Collier Sep 03, 2017 (The Weekend Australian - ABIX via COMTEX) -- Large employers such as Woolworths stand accused of sharing information about new young employees with unions, and then allowing these staff to be hassled into joining a union. To make matters worse, Woolworths has ... (Publication: Australasian Business Intelligence)
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TV Takes on the Duopoly
Byline: Mark Ritson Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Television advertising is more effective than advertising on both Facebook and YouTube, according to new Australian research. The research, conducted by Professor Karen Nelson-Field, was released by ThinkTV in the week ending 1 ... (Publication: Australasian Business Intelligence)
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Tennis Opens Talks on New TV Rights
Byline: Darren Davidson Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Seven West Media's current broadcasting rights deal with Tennis Australia ends in January 2019. The $A200m deal covers free-to-air, pay-TV and streaming rights. Tennis Australia has held preliminary discussions with TV ... (Publication: Australasian Business Intelligence)
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Higher Listing Volumes Herald Calm Start to Spring as Housing Cools
Byline: Su-Lin Tan Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Preliminary data from CoreLogic shows that Sydney's residential property market had an auction clearance rate of 70.5 per cent in the week ended 3 September, compared with 67.4 per cent for the previous week. The ... (Publication: Australasian Business Intelligence)
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Westpac Data Accelerates Start-Ups
Byline: James Eyers Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- New businesses will be allowed access to Data Republic's data-sharing platform under an initiative called FUELD, which has been launched by Westpac and Stone & Chalk. Companies currently providing data to Data ... (Publication: Australasian Business Intelligence)
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Primary Hit by Trouble in Asia as Partner Walks
Byline: Carrie LaFrenz Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Indonesian firm Astra International has abandoned plans for an Asian pathology joint venture with Australian-listed Primary Health Care. Astra is said to have become concerned by the recent departures of ... (Publication: Australasian Business Intelligence)
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