Andrew Fraser News
-
Australian Prime Minister Julia Gillard confronts mounting challenges to her own re-election after her Labor party suffered a landslide poll defeat in Queensland, leaving her with allies governing just two of the nation’s six states.
-
Australian Prime Minister Julia Gillard’s Labor party suffered its worst defeat at a state election in Queensland, deepening her challenge before a national ballot due in 2013.
-
Luxury resorts along Queensland’s coast, a destination for Great Barrier Reef visitors, are selling at a fraction of peak prices as a rising Australian dollar sends domestic vacationers overseas and hampers a recovery from last year’s hurricanes.
-
QR National Ltd. ’s initial share sale, Australia’s biggest since 1997, will be priced inside the forecast range because of “robust” demand from international institutional investors, Queensland Treasurer Andrew Fraser said.
-
Queensland will delay its mid-year budget review as damage from floods inundating Australia’s third most populous state may eclipse last year’s record A$800 million ($819 million) spending on natural disasters.
-
Queensland, Australia’s biggest state borrower, completed more than half of its 2011-2012 financing program before Europe’s sovereign-debt crisis escalated, Treasurer Andrew Fraser said.
-
Queensland state sold shares of Australian coal-train operator QR National Ltd. at A$2.55 each, raising A$4.63 billion ($4.57 billion) for the state in the nation’s second-biggest ever initial public offering.
-
BHP Billiton Ltd. , Xstrata Plc and 11 other coal miners in Australia bid A$4.85 billion ($4 billion) for the nation’s biggest coal railroad to head off the state government’s planned initial public offering.
-
The Queensland government remains in talks with a group, including BHP Billiton Ltd ., which the Australian’s newspaper reported today has raised its bid for the state’s coal freight network to A$5.2 billion ($4.8 billion).
-
Andrew Fraser, the treasurer for the Australian state of Queensland, will meet with members of the media today at 2:40 p.m. Brisbane time to discuss a transaction involving the Port of Brisbane.
|
|
Most Popular on Bloomberg
|
| |