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Australia's Medibank plans share sale

2014-10-20 09:21:24| BBC News | Business | UK Edition

Australia's government hopes to raise as much as $5.5bn Australian dollars ($4.8bn; 3bn) by selling shares in health insurer Medibank Private.

Tags: share sale plans australias

 

Fossil fuel divestment: climate change activists take aim at Australia's banks

2014-10-18 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Climate change activists will aim to give the big banks a $200m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests. A national day of divestment will see more than 1,000 bank customers switch their accounts away from the big four banks: ANZ, Westpac, Commonwealth Bank and NAB. Campaign organisers Market Forces and 350.org claim that the major banks have already lost $250m worth of...

Tags: change aim banks fuel

 
 

Australias IFM to buy 29.9% stake in Vienna Airport

2014-10-14 01:00:00| Airport Technology

Australia-based IFM Investors is to buy a stake of up to 29.9% in Austria's Vienna Airport for 502m ($637m), which will help in expanding its portfolio of European infrastructure assets.

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Australia's two-decade Antarctic plan

2014-10-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

News.com.au: THAT'S the federal government's literal response to a two-decade plan for Australia's Antarctic involvement. Amid fears Australia was failing to meet its international obligations to carry out research on the frozen continent, Environment Minister Greg Hunt is now championing a "massive injection" into Antarctic research funding and capability. "That's about getting bodies on the ice, getting world-class researchers out of Hobart doing extra science on the ice," he told reporters in Hobart...

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Climate change threatens Western Australias iconic Shark Bay

2014-10-07 23:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Conservation: In the summer of 2010-2011 Western Australia experienced an unprecedented heatwave -- but not on land. Between December 2010 and April 2011, sea temperatures off the WA coast reached 3C above average, and for two weeks peaked at 5C above average -- 28C compared to the normal 23C. The effects were drastic. Corals bleached, and the makeup of the usually temperate south west marine ecosystems shifted to more tropical -- both in fish, and algae. Were still learning about this extraordinary event....

Tags: change western bay climate

 

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