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Asia-Pacific News Australia

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  • Behind Qantas' quick turnaround to profit Wednesday, 19 Aug 2015 | 9:08 PM ET
    Behind Qantas' quick turnaround to profit

    Alan Joyce, CEO of Qantas, says the transformation program which included aggressive cost-cutting measures, underpinned the carrier's profit turnaround.

  • What Beijing must do to shore up market sentiment Wednesday, 19 Aug 2015 | 6:48 PM ET
    What Beijing must do to shore up market sentiment

    Toby Lawson, managing director at Societe Generale Newedge, says Chinese authorities may need to look at lowering the reserve requirement ratio (RRR) so as to induce a sense of normality.

  • Woodside Petroleum: The safest stock to buy? Wednesday, 19 Aug 2015 | 12:44 AM ET
    Woodside Petroleum: The safest stock to buy?

    Tony Locantro, dealer, Private Clients at Argonaut, discusses the earnings of Woodside Petroleum, which largely met market expectations on Tuesday.

  • Asia drives Treasury Wine Estates' profit growth Tuesday, 18 Aug 2015 | 11:46 PM ET
    Asia drives Treasury Wine Estates' profit growth

    Michael Clarke, managing director & CEO at Treasury Wine Estates, says the company is seeing a significant pick-up in its Asian business, especially in the North Asian countries such as China.

  • Stockland weighs in on Australia's property boom Tuesday, 18 Aug 2015 | 11:16 PM ET
    Stockland weighs in on Australia's property boom

    Apart from Sydney and Melbourne, the broader Australian market is seeing modest increases in home prices, supported by under-supply and population growth, says Mark Steinert, managing director & CEO at Stockland.

  • Where Australia's SEEK is seeing growth Tuesday, 18 Aug 2015 | 8:38 PM ET
    Where Australia's SEEK is seeing growth

    Andrew Bassat, CEO of online jobs and education portal SEEK, is optimistic on growth in Australia's employment business, as well as its international units.

  • GPT Group: H1 profit indicates strong foundation Tuesday, 18 Aug 2015 | 12:24 AM ET
    GPT Group: H1 profit indicates strong foundation

    Michael Cameron, CEO of GPT Group, attributes the robust first-half net profit to strong performances in the company's office and retail portfolios.

  • Asciano CEO: 'Brookfield is a perfect partner' Monday, 17 Aug 2015 | 6:22 PM ET
    Asciano CEO: 'Brookfield is a perfect partner'

    John Mullen, CEO of Asciano, explains why the Australian logistics firm accepted the takeover offer from Canada's Brookfield Infrastructure Partners.

  • Virgin Australia unveils new business class suites Sunday, 16 Aug 2015 | 9:44 PM ET
    Virgin Australia unveils new business class suites

    John Borghetti, CEO of Virgin Australia, explains why the airline's new Airbus A330 business class suites will be the "latest disruption in the Australian market."

  • Tracking the competition on trans-Pacific routes Friday, 14 Aug 2015 | 12:11 AM ET
    Tracking the competition on trans-Pacific routes

    Michael Beer, VP, Asia Pacific transportation research at Citi Investment Research and Analysis, outlines Cathay Pacific's strengths as competition intensifies on the trans-Pacific routes.

  • Echo's new Brisbane casino is a good idea: Pro Wednesday, 12 Aug 2015 | 11:34 PM ET
    Echo's new Brisbane casino is a good idea: Pro

    Scott Phillips, advisor at The Motley Fool Australia, says Echo Entertainment's plan for a new casino in Brisbane is a good idea. He also discusses news that James Packer has stepped down as chairman of Crown Resorts.

  • Mirvac CEO: Strong property sector driving profit Wednesday, 12 Aug 2015 | 10:39 PM ET
    Mirvac CEO: Strong property sector fuel profit

    Susan Lloyd-Hurwitz, CEO of Mirvac, says upbeat performances in the residential, commercial and retail property sectors contributed to the 36 percent rise in full-year profit.

  • How Telstra is stepping up its game in mobile Wednesday, 12 Aug 2015 | 9:45 PM ET
    How Telstra is stepping up its game in mobile

    Warwick Bray, CFO of Telstra, explains the company's decision to invest $5 billion Australian dollars in mobile network over the next 3 years.

  • Echo Entertainment: Profit up on local business Wednesday, 12 Aug 2015 | 6:42 PM ET
    Echo Entertainment: Profits rise on local business

    Matt Bekier, CEO of Echo Entertainment, says the company's domestic businesses such as Sydney's Star Casino underpinned the 59 percent jump in full-year net profit.

  • Commonwealth Bank of Australia to launch $5bn rights issue

    David Craig, chief financial officer of the Commonwealth Bank of Australia, discusses his company's results and the economic situation in Australia.

  • CBA, brace for slower growth ahead: Expert Wednesday, 12 Aug 2015 | 12:20 AM ET
    CBA, brace for slower growth ahead: Expert

    Lachlan Colquhoun, CEO of East and Partners Asia, says the Commonwealth Bank of Australia's results indicate a slowdown in income, which raises questions about the bank's outlook.

  • CBA's report card was a relief: Expert Tuesday, 11 Aug 2015 | 10:33 PM ET
    CBA's report card was a relief: Expert

    Catherine Allfrey, principal at Wavestone Capital, discusses the earnings of Commonwealth Bank of Australia and the lender's decision to raise $5 billion Australian dollars through a rights offer.

  • ASX: The new hotspot for tech listings? Tuesday, 11 Aug 2015 | 8:32 PM ET
    ASX: The new hotspot for tech listings?

    Max Cunningham, head of listings & issuer services at ASX, attributes the rise in tech listings on the Australian Securities Exchange over the last 18 months to factors such as higher capital mobility globally.

  • CBA unveils $3.7B raising amid Oz capital crackdown Tuesday, 11 Aug 2015 | 7:40 PM ET

    CBA unveiled a $3.65 billion rights issue as its annual profit met expectations, completing a fundraising round by Australia's "Big Four" lenders.

  • Here's the downside in CBA's earnings results Tuesday, 11 Aug 2015 | 7:32 PM ET
    Here's the downside in CBA's earnings results

    While the annual profit of Commonwealth Bank of Australia met expectations, weaker margins and higher bad debts signal concerns ahead, says David Ellis, head of Australian banking research, Morningstar Australasia.