ALUMINA Ltd is making a surprise return to dividend-paying status despite its
2009 profit being savaged by the impact of the global financial crisis on
alumina and aluminium demand and prices. Earnings collapsed from $202 million
in 2008 to a loss of $2 million on an ''underlying''
ALUMINA is making a surprise return to dividend-paying status even though its
profit last year was savaged by the impact of the global financial crisis on
demand and prices for alumina and aluminium. The group's earnings collapsed
from $202 million in 2008 to a loss of $2 million on an
The investment bank today said second-half earnings could be up as much as 10
per cent over the first half as economic conditions around the world continue
to trend back to normal. Macquarie maintained its trademark caution, saying it
expects profit for the six months to end-March to be broadly
Close Australian shares have closed lower, trimming their losses on the back of
gains in miners, but sentiment remained wary as investors fret over sovereign
debt troubles in the euro zone. At the close, the benchmark S&P/ASX200
index was down 16.3 points, or 0.4 per cent, at 4505.1,
The investment bank today said second-half earnings could be up as much as 10
per cent over the first half as economic conditions around the world continue
to trend back to normal. Macquarie maintained its trademark caution, saying it
expects profit for the six months to end-March to be broadly
By Economics Correspondent Stephen Long On the rise: the RBA will probably push
the cash rate to 4.5 per cent by the end of the year (Reuters: Will Burgess,
file photo) The RBA has increased its forecast for economic growth in
Australia, expecting a faster pace over the next two
Be the first to comment The Reserve Bank of Australia has confirmed an
on-target inflation outlook allowed it to postpone an interest rate rise on
Tuesday, but a postponement is not the same as a cancellation. Borrowers should
be aware of the basis for the benign inflation outlook
The Bank of England is to freeze its radical policy of pumping new money into
the economy, it announced on Thursday, after holding its key lending rate at a
record low 0.50 per cent. The widely-expected news, which came before a
separate interest rate call by the European Central Bank,
The widely-expected news, which came before a separate interest rate call by
the European Central Bank, followed recent data showing the British economy
narrowly emerged from recession in the fourth quarter of 2009. The bank has so
far injected STG200 billion ($A360.1 billion) into the economy
AFP The Bank of England is to freeze its radical policy of pumping new money
into the economy, it announced on Thursday, after holding its key lending rate
at a record low 0.50 per cent. The widely-expected news, which came before a
separate interest rate call by the European Central
ALUMINA Ltd is making a surprise return to dividend-paying status despite its
2009 profit being savaged by the impact of the global financial crisis on
alumina and aluminium demand and prices. Earnings collapsed from $202 million
in 2008 to a loss of $2 million on an ''underlying''
