Billionaires bankroll Ten's new direction Media Network sees digital future THE AGE | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.
19th Dec
Elders alleges $24m fraud in live cattle division THE AGE | Troubled rural services group Elders is threatening to call in the police over an alleged $24 million fraud by a "handful of individuals" in its live cattle exports division.
Aussie hampers transition THE AGE | A persistently high Australian dollar is thwarting the Reserve Bank's efforts to ease the transition of the economy away from mining.
19th Dec
RBA keeps its focus on lower dollar THE AGE | The Reserve Bank is keeping the door open to further interest rate cuts, but believes the "significant amount" of monetary policy easing over the past two years is already stimulating growth.
19th Dec
Pact's struggles weigh down Orora THE AGE | The underwhelming sharemarket debut of packaging company Pact Group Holdings has weighed on the demerger of Amcor and its $2 billion Australasian packaging and distribution business Orora.
19th Dec
Wotif holds its flight path as profit slump unsettles investors THE AGE | Wotif chief executive Scott Blume has refused to veer from his strategy to expand exposure to other travel segments and increase spending on marketing and IT to fend off competitors, despite investors wiping $282 million from its market value following a profit warning.
19th Dec
Market drifts ahead of Fed decision on stimulus program THE AGE | Investors stayed on the sidelines on Wednesday on the eve of a decision from the US Federal Reserve on whether to begin tapering its monetary stimulus program.
