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AUSTRALIA: Country Road full-year sales surge

2013-07-18 14:54:00| Daily apparel & textile news and comment - from just-style.com

Apparel company Country Road Group has today (18 July) said it expects full-year profit to more than triple after reporting a surge in sales due to higher demand in Australasia.

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AUSTRALIA: Billabong receives rival refinancing bid

2013-07-18 13:13:00| Daily apparel & textile news and comment - from just-style.com

Australian surfwear brand Billabong has confirmed that Centerbridge Partners and Oaktree Capital have made a rival refinancing bid, but that it will not pursue the offer.

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Strike Energy signs gas supply deal with Orica Australia

2013-07-18 01:00:00| Hydrocarbons Technology

Australia-based Strike Energy has signed an agreement with Orica Australia to supply 150 Petajoules (PJ) of gas from PEL 96.

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Australia pledges more cash to battle reef starfish

2013-07-18 00:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Australia pledged another Aus$5 million (US$4.6 million) to the fight against a predatory starfish devastating the iconic Great Barrier Reef Thursday, revealing 100,000 of the creatures had been wiped out so far. Environment Minister Mark Butler said the new funding, on top of Aus$2.53 million already pledged, would support a programme of culling the coral-eating crown-of-thorns starfish, which is naturally-occurring but has proliferated due to pollution and run-off. A major study of the reef's...

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VIDEO: Home loan danger for Australia banks

2013-07-17 02:58:52| BBC News | Business | UK Edition

A recent report by Moody's rating agency says Australia's lenders are grappling with the highest concentration of home loans in the world.

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