Wednesday, March 16, 2016

Free-to-air television loses chief lobbyist Julie Flynn at crunch time and other top stories.

  • Free-to-air television loses chief lobbyist Julie Flynn at crunch time

    Free-to-air television loses chief lobbyist Julie Flynn at crunch time
    Julie Flynn, outgoing CEO of Free TV Photo: Phil Carrick Julie Flynn, the chief lobbyist for the powerful free-to-air commercial television sector, has resigned, leaving the industry with the difficult task of replacing the veteran of 15 years.Free TV chairman Harold Mitchell said the board, at a meeting, had reluctantly accepted Ms Flynn's decision to retire as chief executive.She will step down in July, by which stage the industry hopes to have secured cut..
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  • ASX inches higher as investors await US Federal Reserve decision

    ASX inches higher as investors await US Federal Reserve decision
    The benchmark index was little changed ahead of the US Federal Reserve rates decision. Photo: Bloomberg Australian shares just managed to finish in positive territory on Wednesday, with rises in the banks offsetting a fall in mining stocks, as investors stuck to the sidelines ahead of an overnight US Federal Reserve decision on monetary policy.Falls on Wall Street, on European sharemarkets and in iron ore led the local market down from the opening bell but g..
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  • Fitch: Sector Outlook Negative But Big Indonesia Banks Resilient

    Fitch: Sector Outlook Negative But Big Indonesia Banks Resilient
    (The following statement was released by the rating agency) JAKARTA/SINGAPORE, March 15 (Fitch) The outlook for Indonesia's banking sector remains negative - with profitability declining, credit costs rising and NPL ratios likely to rise in 2016, says Fitch Ratings. That said, earnings buffers at the major banks remain robust, and should be sufficient to cover higher credit costs while also maintaining high profitability relative to other banks in the region. Indonesia's large banks are a..
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  • Proposed Qld aquarium light on detail

    Proposed Qld aquarium light on detail
    Proposed Qld aquarium light on detailQueensland's government is spruiking a new aquarium planned for Brisbane's popular South Bank precinct.The only problem is, no one can say what it will look like, what kind of marine life will actually be on display or when it might open.The government on Wednesday announced the "world-class aquarium" as an example of a project making its way through its market-led proposal process.The initiative involves the private sector coming to government with unique id..
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  • NDIS savings to help fund federal contribution

    NDIS savings to help fund federal contribution
    Social Services Minister Christian Porter says the fund would have an opening balance of $162.4 million in NDIS savings. Photo: Jamila Toderas The Turnbull government will use savings from the National Disability Insurance Scheme to help pay for its contribution to it in future years.Social Services minister Christian Porter introduced a bill on Tuesday to create a savings fund to pay for the federal government's contribution to the scheme after 2019, when it..
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VIDEO: Watch a humpback whale do a headstand .Mercedes' new E-Class gets the AMG treatment .
Games preview: Ratchet & Clank is remade on PS4 .Sharapova says she has failed a drug test at the Australian Open. Photo: AP .

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