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Australia's Toll Group divests its stake in Cambodias Toll Royal Railway

2014-12-24 01:00:00| Railway Technology

Toll Group managing director Brian Kruger has said Royal Group will now hold 100% share of the railway concession, and will continue the operation and redevelopment in country's railway sector.

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Australia's major banks close Sydney CBD branches due to hostage crisis

2014-12-15 11:02:48| Automakers - Topix.net

Commonwealth Bank of Australia , Westpac Banking Corp and Australia and New Zealand Banking Group said they had shut their Sydney CBD branches on Monday after a number of hostages were taken in a central city cafe. "Due to the police operation in Martin Place Sydney, 12 Westpac branches in Sydney CBD will be closed for the rest of today," Westpac said in a tweet.

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Sydney siege: Australia's major banks close Sydney CBD branches due to hostage crisis

2014-12-15 11:02:47| Automakers - Topix.net

Commonwealth Bank of Australia , Westpac Banking Corp and Australia and New Zealand Banking Group said they had shut their Sydney CBD branches on Monday after a number of hostages were taken in a central city cafe. "Due to the police operation in Martin Place Sydney, 12 Westpac branches in Sydney CBD will be closed for the rest of today," Westpac said in a tweet.

Tags: due close major banks

 

Australia's budget deficit to widen

2014-12-15 08:08:58| BBC News | Business | UK Edition

Australia's government said it expects the nation's deficit to grow to $40.4bn Australian dollars ($33.2bn) in the 12 months to June.

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Australia's painful choices in economic slowdown

2014-12-07 20:06:00| Energy - Topix.net

Resources firms in Australia spent the past decade plowing billions of dollars into new mines and gas projects that promised to make budget deficits a thing of the past. Sharp falls in prices of commodities from iron ore to crude oil are shrinking the windfall that Australia's government hoped would support spending on new infrastructure and some of the most generous social welfare plans in the world.

Tags: economic choices painful slowdown

 

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