Highlights of the AAP Finance Wire at 14:45 Oct 2, 2013 HIGHLIGHTS FINANCE (ATTN EDITORS)
Highlights of the AAP Finance Wire for Wednesday, Oct 2:
SYDNEY - The housing sector's recovery seems to be softening but economists are confident construction activity will strengthen later in the year. (BUILDING APPROVALS to come)
MELBOURNE - Linc Energy boss Peter Bond says it has become too difficult for medium sized firms to grow their share price, prompting the company to delist from the ASX and join the Singapore market. (LINC ENERGY to come)
SYDNEY - Australians' wages and standard of living will fall relative to other countries over the next 20 years unless something is done to boost our productivity, research suggests. (WAGES to come)
SYDNEY - Uranium miner Paladin Energy is cutting more jobs and reducing executive pay and other spending in response to continued falls in the price of the nuclear energy source. (PALADIN to come)
SYDNEY - The Australian Bureau of Statistics is now including consumer goods bought over the internet in its trade figures, which is increasing the size of the trade deficit. (TRADE to come)
MELBOURNE - Takeover target Warrnambool Cheese and Butter Factory says its earnings could double in the current financial year. (WARRNAMBOOL to come)
MELBOURNE - Fish farmer Clean Seas Tuna is planning to raise capital to fund increased production of kingfish. (CLEAN SEAS on file)
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By Peter Trute, AAP Senior Finance Writer
SYDNEY - ANZ Chairman John Morschel speaking at business lunch. (FINEX: ANZ to come)
See also on general file:
SYDNEY - James Packer has signed an agreement with Hollywood producers to fund up to 75 new films. (PACKER)
ADELAIDE - Federal Industry Minister Ian Macfarlane and South Australian Premier Jay Weatherill are touring the Holden plant in Adelaide as part of talks to secure the future of the embattled car maker. (HOLDEN)
CANBERRA - Senior federal government ministers say any proposal by Indonesia to buy Australian farmland for cattle grazing will be under joint venture arrangements. (CATTLE)
Also Stocks Aust, Dollar Aust, Stockwatch and Finance Briefs to come.