BUSINESS FORECASTING – AUSTRALIA

CCA soars as Coke takes stake in Indo

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Original article by Sue Mitchell
The Australian Financial Review – Page: 13 & 20 : 31-Oct-14

The Coca-Cola Company will pay $US500m ($A563m) for a 29.4 per cent stake in the Indonesian subsidiary of Australian-listed Coca-Cola Amatil. The deal prompted a rally in CCA shares, which peaked at $A9.25, although some analysts believe that the group should have sought a higher price for the stake. Meanwhile, CCA anticipates that it will achieve earnings growth in 2015

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, THE COCA-COLA COMPANY

NAB to step up UK asset sales

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Original article by Clancy Yeates, James Eyers
The Australian Financial Review – Page: 30 : 30-Oct-14

Some analysts believe that National Australia Bank (NAB) will divest the UK’s Clydesdale Bank via an IPO within six months. NAB is likely to reveal its sale options for the Clydesdale and Yorkshire Bank businesses when its 2013-14 financial results are released on 30 October 2014. NAB is tipped to post a full-year profit within the range of $A5.1bn to $A5.2bn, down from $A5.94bn previously

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, CLYDESDALE BANK PLC, YORKSHIRE BANK PLC, GREAT WESTERN BANK, MLC LIMITED, GREAT BRITAIN. FINANCIAL CONDUCT AUTHORITY

LNG exports to quadruple in five years

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Original article by Scott Parker
The Australian Financial Review – Page: 31 : 22-Oct-14

The Commonwealth Bank’s Lachlan Shaw is upbeat about the outlook for Australia’s LNG industry, forecasting strong growth in exports over the next five years. However, he warns that high capital costs in Australia may jeopardise future LNG projects, while the price of LNG being linked to the crude oil price presents another headwind for the industry. The oil price recently reached a low of $US82.60 per barrel

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WOODSIDE PETROLEUM LIMITED – ASX WPL, ORIGIN ENERGY LIMITED – ASX ORG, EXXONMOBIL CORPORATION, FACTS GLOBAL ENERGY GROUP OF COMPANIES, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES

PwC enlisted to count cost of metadata laws

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Original article by Mitchell Bingemann
The Australian – Page: 20 : 8-Oct-14

The Australian Government aims to soon pass new laws that will force telcos and ISPs to store metadata for 24 months, to boost national security. It has now emerged that a study has been commissioned from PricewaterhouseCoopers by the Attorney-General’s Department, of the projected cost burden for the sector that will be created by the implementation of the necessary IT solutions. Second-ranked telco Singtel Optus has put this at between $A30m and $A200m

CORPORATES
SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, PRICEWATERHOUSECOOPERS, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, IINET LIMITED – ASX IIN, TWITTER AUSTRALIA HOLDINGS PTY LTD, TWITTER INCORPORATED, FACEBOOK AUSTRALIA PTY LTD, FACEBOOK INCORPORATED

Mining wages too high, says Mitsui

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Original article by Amanda Saunders
The Australian Financial Review – Page: 13 & 18 : 26-Sep-14

Mitsui Australia CEO Yasushi Takahashi has questioned whether the nation’s high wages in the mining sector are sustainable. He argues that productivity needs to improve in order to justify the high labour costs relative to other resources-rich countries. Meanwhile, Takahashi expects the price of coal and iron ore to begin to recover by the end of 2014, and he suggests that the oversupply of iron ore could potentially be over by 2017

CORPORATES
MITSUI AND COMPANY (AUSTRALIA) LIMITED, MITSUI AND COMPANY LIMITED, SIMS METAL MANAGEMENT LIMITED – ASX SGM, BHP BILLITON LIMITED – ASX BHP, WOODSIDE PETROLEUM LIMITED – ASX WPL

India burning brighter for LNG exporters

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 19 : 19-Sep-14

India may emerge as a significant importer of LNG from Australia. Woodside Petroleum forecasts that demand for LNG in in India will rise to as much as 50 million tonnes by 2024. Peter Cleary, the head of LNG at Santos, expects India to import early spot cargoes from the GLNG project in Queensland. Analysts from Tri-Zen International say that India has insufficient infrastructure for large LNG imports

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, CREDIT SUISSE (AUSTRALIA) LIMITED, ADANI ENTERPRISES LIMITED, GUJARAT STATE PETROLEUM CORPORATION, PETRONET INDIA LIMITED, EXXONMOBIL CORPORATION, SANTOS LIMITED – ASX STO

Price collapse to cost big miners $10bn

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Original article by Barry FitzGerald
The Australian – Page: 19 : 11-Sep-14

Government revenue and the profits of major Australian-listed mining companies will be hit by the downturn in the iron ore price, which is currently trading at around $US83.20 per tonne. Macquarie Group has responded by reducing its profit forecasts for BHP Billiton, Rio Tinto and Fortescue Metals Group by a combined $US3.93bn in 2015 and $US4.76bn in 2016. Macquarie expects the iron ore price to trade at $US92/tonne in 2015

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, MACQUARIE GROUP LIMITED – ASX MQG, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, STANDARD AND POOR’S CORPORATION, ATLAS IRON LIMITED – ASX AGO, CLIFFS NATURAL RESOURCES INCORPORATED

Carsales.com looks at iCar Asia takeover

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Original article by Gretchen Friemann
The Australian Financial Review – Page: 26 : 11-Sep-14

Australian-listed Carsales.com currently holds a 22.9 per cent stake in iCar Asia. Rev Asia Berhad’s decision to offload its 27.2 per cent holding in iCar has prompted speculation that Carsales.com could launch a bid for control of the business. Carsales.com is keen to expand its international presence due to its limited growth opportunities in Australia, where it is the leading player in the automotive classified advertising sector

CORPORATES
CARSALES.COM LIMITED – ASX CRZ, ICAR ASIA LIMITED – ASX ICQ, REV ASIA BERHAD, CATCHA MEDIA BERHAD, CATCHA GROUP, IPROPERTY GROUP LIMITED – ASX IPP, REA GROUP LIMITED – ASX REA, SEEK LIMITED – ASX SEK, JOBSTREET CORPORATION BERHAD, ZHAOPIN LIMITED

Price collapse to cost big miners $10bn

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Original article by Barry FitzGerald
The Australian – Page: 19 : 11-Sep-14

Government revenue and the profits of major Australian-listed mining companies will be hit by the downturn in the iron ore price, which is currently trading at around $US83.20 per tonne. Macquarie Group has responded by reducing its profit forecasts for BHP Billiton, Rio Tinto and Fortescue Metals Group by a combined $US3.93bn in 2015 and $US4.76bn in 2016. Macquarie expects the iron ore price to trade at $US92/tonne in 2015

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, MACQUARIE GROUP LIMITED – ASX MQG, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, STANDARD AND POOR’S CORPORATION, ATLAS IRON LIMITED – ASX AGO, CLIFFS NATURAL RESOURCES INCORPORATED

Carsales.com looks at iCar Asia takeover

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Original article by Gretchen Friemann
The Australian Financial Review – Page: 26 : 11-Sep-14

Australian-listed Carsales.com currently holds a 22.9 per cent stake in iCar Asia. Rev Asia Berhad’s decision to offload its 27.2 per cent holding in iCar has prompted speculation that Carsales.com could launch a bid for control of the business. Carsales.com is keen to expand its international presence due to its limited growth opportunities in Australia, where it is the leading player in the automotive classified advertising sector

CORPORATES
CARSALES.COM LIMITED – ASX CRZ, ICAR ASIA LIMITED – ASX ICQ, REV ASIA BERHAD, CATCHA MEDIA BERHAD, CATCHA GROUP, IPROPERTY GROUP LIMITED – ASX IPP, REA GROUP LIMITED – ASX REA, SEEK LIMITED – ASX SEK, JOBSTREET CORPORATION BERHAD, ZHAOPIN LIMITED