Byline: Ivana Kottasova Sep 04, 2017 (CNN - ABIX via COMTEX) -- The Star India subsidiary of 21st Century Fox has secured a five-year deal for broadcasting rights to the Indian Premier League. The Rupert Murdoch-controlled media company trumped Sony and Facebook to secure both TV and digital rights ... (Publication: Australasian Business Intelligence)
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Murdoch Makes $2.6 Billion Bet on Indian Cricket
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Labor Rules out Energy Deals with Greens
Byline: Phillip Coorey Sep 04, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Labor's energy spokesman Mark Butler says it is important that Australia has an energy policy that is robust and provides certainty for investors. For that reason, although Labor has indicated that the party ... (Publication: Australasian Business Intelligence)
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Militancy Finds Limits at CFMEU
Byline: Matthew Stevens Sep 04, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Staff working for the Construction, Forestry, Mining & Energy Union's Queensland branch were seeking to take protected industrial action against it over a pay issue. Despite its own reputation for strikes, ... (Publication: Australasian Business Intelligence)
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Telstra's Foxtel Lure for Mobiles
Byline: Darren Davidson Sep 04, 2017 (The Australian - ABIX via COMTEX) -- Telstra has partnered with pay-TV group Foxtel - in which it has a 50 per cent stake - to offer its mobile telephone customers a 12-month subscription to selected Foxtel Now starter packs. The free access to the video ... (Publication: Australasian Business Intelligence)
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John Friedrich: Australia's Most Altruistic Fraudster
Byline: Simon Caterson Sep 04, 2017 (Daily Review - ABIX via COMTEX) -- Richard Flanagan's forthcoming novel, "First Person", is inspired - and not a real account - of the extraordinary and enigmatic career of the late John Friedrich, whose massive fraud was one of the most audacious - and ... (Publication: Australasian Business Intelligence)
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Speaking of Power, We Need a Lightbulb Movement
Byline: Judith Sloan Sep 04, 2017 (The Australian - ABIX via COMTEX) -- The Federal Government will not solve Australia's energy problems by either extolling the virtues of its Snowy Hydro expansion or by pressuring electricity retailers to ensure that customers get a better deal. The best way to ... (Publication: Australasian Business Intelligence)
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Cannon-Brookes Leads Capital Raising for Home Energy Start-Up
Byline: Paul Smith and Joyce Moullakis Sep 04, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Started in 2015, Brighte is an online provider of finance for home owners wanting to install renewable energy devices. It has secured $A4 million from its latest capital raising, with ... (Publication: Australasian Business Intelligence)
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ASIC V Westpac Battle Heats Up
Byline: Joanna Mather Sep 04, 2017 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Securities & Investments Commission claims that Westpac has breached responsible lending laws, and it has filed civil proceedings against the bank. Consumer laws require lenders to factor in ... (Publication: Australasian Business Intelligence)
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'Fake' Tom Roberts Could Be the Answer to a Couple's Financial Woes
Byline: Matthew Westwood Sep 04, 2017 (The Australian - ABIX via COMTEX) -- A Queensland couple are hoping to sell a painting by Tom Roberts for up to $A500,000 after experts on a UK television show declared it to be authentic. Joe Natoli bought "Rejected" for Stg7,500 ($A12,000) on the internet, ... (Publication: Australasian Business Intelligence)
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Free TV Chief Defends Father's Day Ad Stance
Byline: Joe Kelly Sep 04, 2017 (The Australian - ABIX via COMTEX) -- Free TV Australia chairman Harold Mitchell insists that the organisation followed regulations in banning a Father's Day advertisement from being broadcast on commercial networks. The ad was produced by not-for-profit group ... (Publication: Australasian Business Intelligence)
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ABC Plays It Coy on Commercial Content Deals
Byline: Darren Davidson Sep 04, 2017 (The Australian - ABIX via COMTEX) -- The ABC continues to attract scrutiny over its growing use of commercial deals to increase revenue. NewsMaven CEO Shaon Diwaker says executives from the public broadcaster's commercial arm held talks regarding a trial of his ... (Publication: Australasian Business Intelligence)
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China Sees New World Order with Oil Benchmark Backed by Gold
Byline: Damon Evans Sep 04, 2017 (Nikkei Asian Review - ABIX via COMTEX) -- China, which is the world's biggest oil importer, is believed to be planning to launch a yuan-denominated crude oil futures contract. Oil futures have traditionally been priced in US dollars, so China's move would enable ... (Publication: Australasian Business Intelligence)
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CBA Won't File AUSTRAC Defence until Christmas
Byline: James Eyers Sep 04, 2017 (The Australian Financial Review - ABIX via COMTEX) -- AUSTRAC's case against the Commonwealth Bank of Australia in the Federal Court will be a lengthy one, according to those involved. AUSTRAC claims that the CBA was in breach of money-laundering regulations, and ... (Publication: Australasian Business Intelligence)
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What Matters More Than Where the Logies Are Held? Absolutely Everything
Byline: Ben Neutze Sep 05, 2017 (Daily Review - ABIX via COMTEX) -- The level of public whining from high-profile TV stars over the last few days about the Victorian Government dumping its $A1 million a year support for the Logies awards in Melbourne has been absolutely extraordinary. It is true ... (Publication: Australasian Business Intelligence)
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ASIC Softens Stance in Industry Super Stoush
Byline: Michael Roddan Sep 05, 2017 (The Australian - ABIX via COMTEX) -- The Australian Securities & Investments Commission has introduced new fee disclosure rules for superannuation funds, which are due to take effect at the end of September. They have been criticised by the industry funds ... (Publication: Australasian Business Intelligence)
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Citi Tips 'Attractive' Return on Stocks
Byline: James Thomson Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Data from Citigroup shows that the earnings of Australian-listed companies increased by 17.8 per cent in 2016-17, although growth was just 4.3 per cent when resources stocks are excluded. Earnings are forecast ... (Publication: Australasian Business Intelligence)
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Global Uncertainty Spurs ASX Volumes
Byline: Samantha Woodhill Sep 05, 2017 (The Australian - ABIX via COMTEX) -- The monthly update of stock exchange operator ASX Limited notes that the total value of initial capital raisings was $A487m in August 2017, which is 81 per cent lower than in July and down seven per cent on the same period ... (Publication: Australasian Business Intelligence)
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Investors Baulk at Regulation of Proxy Firms
Byline: Sally Patten Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Securities & Investments Commission advised in May that it would be scrutinising proxy advisers in the lead-up to the 2017 round of AGMs. While some companies have been pushing for proxy firms to ... (Publication: Australasian Business Intelligence)
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Residents Oppose Airbnb for Investment
Byline: Misa Han Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- The City of Sydney has surveyed 1,000 inner-city residents regarding their views on letting out properties via home-sharing sites such as Airbnb. Although residents were generally favourable to the idea if the ... (Publication: Australasian Business Intelligence)
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Build-to-Rent Will Struggle in Australia
Byline: Larry Schlesinger Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Melbourne-based Caydon Property Group has started work on its first "build-to-rent" apartment project in the US. However, Caydon founder Joe Russo questions whether the build-to-rent model will be ... (Publication: Australasian Business Intelligence)
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