News Archive

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Cash News

Make Me A Hit

Thursday July 31, 2008
Seven is looking to cash in on the vogue for TV celebrity quests, writes Debi Enker.

The Cash-starved Watch Australand

Thursday July 31, 2008
Capital raisings are in the wind despite the risks posed by higher costs and discounted share prices.

Cash Won't Move Afic On Dividend

Tuesday July 29, 2008
IT MIGHT be winter in investment terms, and Australian Foundation Investment Co is notoriously conservative in its attitudes - but its decision to maintain dividend at last year's levels looks a little niggardly in light of its performance.

Councils In Crisis To Double Rates

Tuesday July 29, 2008
THIRTY-FIVE councils are so short of cash they will need to increase rates and charges by 80 to 200 per cent in the next 10 years to survive, a new report warns

Another Sad Chapter For The Crestfallen Dogs

Monday July 28, 2008
JOSH Morris has every right to feel short-changed by Money Bill Williams following the trail of cash all the way to France.

Drop-off In Gambling At Packer's Casino A Chip Off The New Block

Monday July 28, 2008
JAMES Packer's Crown Ltd has been hit by a fall in the amount of cash gambled at its flagship Macau casino in the past two months, according to the company that provides its VIP gamblers.

An Answer For The Asset-rich, Cash-poor

Sunday July 27, 2008
Bina Brown examines reverse mortgages.

Cash Flows On Radio Waves

Sunday July 27, 2008
RON Hall, who presides over such businesses as Going Going Green and Supply and Demand, is seeing some light at the end of the tunnel with Pacific Star Network.

Why Caution Is The Keyword

Wednesday July 23, 2008
With the property market in disarray, investors are taking cover in cash, writes Barbara Drury.

Costs High For Cashed-up Miner

Wednesday July 23, 2008
OZ MINERALS has signalled it is in no rush to make acquisitions with its $1 billion cash war chest despite a recent fall in the price of potential takeover targets.

The Wizards Of Oz Are Cashed Up And Keeping An Eye Out For An Acquisition

Wednesday July 23, 2008
THE equities crunch and base metals price weakness that have wiped 40% from OZ Minerals' value in two months have given the cash-rich group's hunt for a big acquisition new impetus. There might just be some bargains out there.

Buyback Could Be The Alternative For All That Cash

Tuesday July 22, 2008
That's the suggestion if OZ Minerals can't find a suitable acquisition for its money.

Hungry Wolves Stalking $35,000 Windfall

Saturday July 19, 2008
Brothers in arms: Wollongong FC have a $35,000 incentive to win their NSW Premier League match against Sydney United tonight at Crehan Park. The Wolves have their eyes on the cash premiership prize and Justin Pasfield (left), Dezi Giraldi, Bella Conde, Chris Price, Alfredo Esteves and Osagie Ederaro will be leading the charge. FULL STORY PAGE 87

Behind The Wheel For A Capital-raising Deal

Saturday July 19, 2008
ST GEORGE Bank has packaged up the last remaining car loans on its books into a cash-generating securitisation deal, with European and Australian investors taking more than double the value of asset-backed notes originally offered.

Is It Cash? Jones? No, It's The Great White Sort

Saturday July 19, 2008
"OOOO-ERRRR," cooed a local woman as Greg Norman strode down the 10th fairway. "There's Greg Norman. He's ever so handsome. I can see why that Chrissie Evert married him."

St George Revs Up To Tune Of $1.23bn

Saturday July 19, 2008
ST GEORGE Bank has packaged the last remaining car loans on its books into a cash-generating securitisation deal, with European and Australian investors taking more than double the value of asset-backed notes originally offered.

In Form And Heading For The Heights

Saturday July 19, 2008
WOLLONGONG FC have the chance tonight to cash in on their superb recent form.

Bhp In $2.5b Qld Purchase

Friday July 18, 2008
THE spate of corporate activity in the Australian coal sector heated up last night when BHP Billiton and Mitsubishi agreed to pay $US2.45 billion ($2.5 billion) cash to buy a large development project from the Queensland miner New Hope Coal.

Police Claim Drug Ring Smashed

Thursday July 17, 2008
POLICE say they have smashed a northern suburbs drug ring, seizing luxury cars, cash and unlicensed guns from several houses. Two of the arrested men were from Victoria and were alleged by police to have been the receivers and distributors of the drug ice, which was imported from Sydney. The other two men are from Sydney and were arrested at Melbourne Airport yesterday morning. Police believe the men are linked to two seizures earlier this year in Wodonga of more than a kilogram of ice - with a ...

Extra Aid For Drought-stricken Bush

Sunday July 13, 2008
PRIME Minister Kevin Rudd has foreshadowed extra drought cash for the bush after listening to a warning by country singer Lee Kernaghan, who said farming families were crippled by debt.

Irb Demands $207m Cup Fee

Thursday July 10, 2008
THE International Rugby Board has made an audacious dash for cash by deciding to slug countries with a $207 million tournament fee to host the 2015 World Cup. And if any country wants to host the 2019 World Cup, it will cost $248 million.

Bail Denied On Drugs Charges

Wednesday July 9, 2008
A MAN charged with drug supply after police stopped him yesterday with cash and nearly 60 plastic bags containing suspected heroin was refused bail yesterday.

$150m Deal Has Ring Of Success

Tuesday July 8, 2008
STOCKBROKING veterans Colin Bell and Brent Potts spoke last year about getting their two stockbroking businesses together, but it was a deal neither could afford. Now, as Bell Financial Group's executive chairman puts it, "we have a piggy bank and we have paper" following the December float, and Bell has unveiled a plan to outlay up to $150 million in cash and shares for Mr Potts' Southern Cross Equities over the next three years.

Travellers Cash In On Strong Australian Dollar

Tuesday July 8, 2008
TRAVELLERS are taking advantage of the 25-year high of the dollar to pour money into US dollar-denominated travellers cheques for planned trips abroad.

Perpetual Moves In On Troubled Elderslie

Thursday July 3, 2008
AFTER losing a battle to be given more time to secure much-needed cash, the $200million Elderslie Finance Corporation is in receivership, amid evidence the company could no longer pay investors.

Receiver Steps In As Elderslie Loses Fight For Funds

Thursday July 3, 2008
AFTER losing a battle to be given more time to secure much-needed cash, the $200 million Elderslie Finance Corporation is in receivership, amid evidence the company can no longer pay its investors.

Troubled Banker Seeks Fast $25m

Wednesday July 2, 2008
THE Chimaera financial services group has approached three of its key backers, as well as other potential investors, seeking a cash injection of up to $25 million.