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Brexit set to hit Australian Vintage profits as sales rise

2016-07-05 14:05:00| Daily beverage news and comment - from just-drinks.com

Australian Vintage has warned that the immediate after-effects of last month's European Union referendum in the UK will result in a double-digit hit to its bottom line.

Tags: set sales hit rise

 

Australian wholesalers launch 100Proof as global distribution consolidates

2016-07-04 15:59:00| Daily beverage news and comment - from just-drinks.com

Wholesaler partnerships in developed markets are continuing to gain pace, with three Australian on-trade distributors combining to form specialist unit 100Proof.

Tags: global distribution australian launch

 
 

Climate change: big four banks' lending to Australian renewables projects falls

2016-07-04 03:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias big four banks lending for Australian renewable energy projects has tumbled in the first half of 2016, despite all of them spruiking their continuing support for the sector. Based on public announcements from the banks and their customers, the activist group Market Forces has found only two financing deals were closed this year in the Australian renewables sector. The National Australia Bank lent money to a windfarm in South Australia and both NAB and Westpac helped finance one...

Tags: change big projects falls

 

Australian political limbo drives dollar lower

2016-07-04 02:40:57| BBC News | Business | UK Edition

The Australian dollar weakens after the country's election over the weekend was too close to call, raising the prospect of a hung parliament.

Tags: lower political dollar australian

 

Greens ponder Australian election vote that will probably not lead to gains

2016-07-03 01:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Greens are struggling to pick up extra lower house seats targeted in Sydney and Melbourne where supporters were hoping for an upset and look set to return to parliament with the same number of senators the party had in the previous term. Melbourne MP Adam Bandt was comfortably elected for a third time but as it stands he remains the lone Green in the House of Representatives, while in the Senate, the party has lost Robert Simms in South Australia but looks to gain a Senator in Queensland....

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