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Market Update, Week Starting June 11th
Compiled by economists from Commonwealth Securities, this update looks at the significance of the coming week in defining Australia's present economic state, while highlighting the most influential international market data to be released this week. Read on...

CPM Group Captures Pacific Edge Distribution Contract
Pacific Edge Software Inc., a leading supplier of project portfolio management solutions for Global 1000 organizations, today announced a reseller distribution agreement with CPM Group, a professional services and software development company based in Canberra. Read on...

Air NZ & Qantas Hold Further Discussions
Representatives of Air New Zealand and Qantas Airways held further discussions in Auckland this afternoon on the Qantas proposal to acquire a significant shareholding in Air New Zealand Limited from two of the company's major shareholders. Read on...

S&P Gives Thumbs Up to Australian Nonconforming Mortgage Loans
"Mortgage-backed securities (MBS) backed by Australian nonconforming mortgage loans have performed exceptionally well to date," said Gary Tucker, a director in Structured Finance Ratings at Standard & Poor's. Read on...

Pacific Access Locates Geographical Technology Ally
Telstra-owned Pacific Access, producers of Whereis™ Online, today announced an alliance with global wireless navigation solutions provider, Webraska, enabling the provision of real-time location and navigation services via the Internet. Read on...

Barbeques Galore Reports First Fiscal Quarter Results
Barbeques Galore Limited today reported its operating results for the first fiscal quarter ended April 30, 2001, indicating an operating loss far in excess of the same period a year previous. Read on...

Board Changes at Pasminco
Pasminco Limited today announced the resignation from its Board of Mr Tony Daniels. He will be replaced by Mr Ross Herron, who has accepted an invitation to join the Board as a non-executive director. Read on...

VCs Bet on Innovative Wireless Platform
Bluefish Wireless, Inc., developer of a proprietary communication platform that enables interaction between Palm OS® devices and the Internet, today announced it raised a second round of venture capital funding. Read on...

Market Update, Week Starting June 4th
Compiled by economists from Commonwealth Securities, this update looks at the significance of the coming week in defining Australia's present economic state, while highlighting the most influential international market data to be released this week. Read on...

Risks Remain for Australian Dollar
In the month of April 2001, the Australian dollar was the strongest of the major global currencies against the US dollar. But over the month of May, the Australian dollar waxed and waned, largely holding between US51-53 cents. Here, Commonwealth Securities' Chief Economists highlights the main threats and opportunities for the currency moving forth. Read on...

Origin Energy Completes Powercor Retail Acquisition
Origin Energy (formerly Boral Limited) today announced it had successfully completed its acquisition of the electricity retail business from Powercor Australia Limited. Read on...

$425m Hail Creek Coking Coal Project Goes Ahead
Rio Tinto and its joint venture partners have approved the development of the A$425 million Hail Creek Coal Project, in central Queensland near Mackay. Read on...

BRL Hardy Sees Record-Breaking 2001 Harvest
Australian winemaker BRL Hardy has continued its strong growth with a record-breaking 2001 vintage crush of 260,000 tonnes, up 18.7% on the company's 2000 total grape harvest. Read on...


 

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