Territory Stories

The Northern Territory news Tue 3 May 2011

Details:

Title

The Northern Territory news Tue 3 May 2011

Other title

NT news

Collection

The Northern Territory news; NewspaperNT

Date

2011-05-03

Description

This publication contains may contain links to external sites. These external sites may no longer be active.

Language

English

Subject

Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

Publisher name

Nationwide News Pty. Limited

Place of publication

Darwin

Use

Copyright. Made available by the publisher under licence.

Copyright owner

Nationwide News Pty. Limited

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/232482

Citation address

https://hdl.handle.net/10070/662897

Page content

www.ntnews.com.au Tuesday, May 3, 2011. NT NEWS. 25 P U B : NTNE-WS-DA-TE:3-MGE:25 CO-LO-R: C-M Y-K National Chiropractic Care Week Publication Date: Sunday, May 22, 2011 In support of National Chiropractic Care Week, The Sunday Territorian is publishing a special advertising feature on May 22. Appearing in the same edition of the newspaper as the body+soul section, this feature is a great opportunity to celebrate National Chiropractic Care Week. If you would like to contribute to this special feature you are invited to purchase an advert space to help further promote your business or service. Deadline: Friday, May 6, 2011 Hejira Convery t 8944 9876 f 8941 7559 Email: converyh@ntnews.com.au Design Services Publication Date: Sunday, May 29, 2011 Whether your business specialises in graphic design, website design, signage, drafting or any other design, here is a costeffective way to promote your services. On May 29, The Sunday Territorian is publishing a special advertising feature called Design Services. For a flat rate of $600 (inc GST) this spread is an excellent way to advertise your business with bright colours and great design. If you would like to contribute to this special feature you are invited to purchase an advert space to help further promote your business or service. Deadline: Friday, May 13, 2011 Hejira Convery t 8944 9876 f 8941 7559 Email: converyh@ntnews.com.au BASSINTHEGRASS Publication Date: Friday, May 20, 2011 BASSINTHEGRASS is the Northern Territorys premier music event and over time has developed a strong loyal following, often selling out, to music lovers. The NT News will be publishing the BASSINTHEGRASS program which includes interviews, timetables, concert essentials and more. The Guide will be inserted into the paper on Friday 20th May 2011 and will be printed in full colour at no charge. If you would like to contribute to this special insert you are invited to purchase an advert space to help further promote your business or service. Deadline: Thursday, May 5, 2011 Joelle Appleby t 8944 9804 f 8941 7559 Email: applebyj@ntnews.com.au For more advertising information please call Hejira Convery 8944 9876 Email: converyh@ntnews.com.au Joelle Appleby 8944 9804 Email: applebyj@ntnews.com.au Oliver Vickers-Price 8944 9819 Email: vickerspriceo@ntnews.com.au 4 5 fG o p ti o n s 0 1 features options your advertising options ntnews.com.au l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l BUSINESS BHPBilliton $3bn expansion PERTH: The $US3.5 billion ($A3.19 billion) expansion of BHP Billiton Ltds Samarco iron ore pellet joint venture in Brazil suggests a bullish long-term outlook for the steelmaking commodity, analysts say. Themining giant on Friday announced it had approved a fourth pellet plant project at Samarco, an equal joint venturewith the worlds largest iron oreminer, Vale S.A., increasing iron ore pellet production capacity at Samarco by 8.3million tonnes to 30.5million tonnes per annum. Australia still triple-A rated CANBERRA: Moodys Investors Service has reaffirmed Australias triple-A rating, despite the impact of natural disasters and softer economic conditions that will cause bigger budget deficits in the near-term, TreasurerWayne Swan says. Australias fundamentals remain strongwith low unemployment, high terms of trade and an unprecedented investment boom, Mr Swan said in a brief statement onMonday. Pumped Aussie cracks $US1.10 Themain story is . . . US dollarweakness SYDNEY: The Australian dollar has burst through $US1.10, on expectations interest rates will be going up later in the year and on high commodity prices. The local unit reached $US1.101 yesterday morning, its highest level since the currency was floated in 1983. It was pushed over the line after Australia had its triple-A credit rating reaffirmed by a major agency. Moodys said the countrys economic resilience was shown during the global financial crisis, while the Government had maintained low debt levels. The rising Australian dollar is putting a smile on the face of Aussies buying imports, shopping online and travelling overseas, but many domestic businesses, especially exporters, are finding it tough. The dollar pulled back slightly from its 28-year high yesterday afternoon, after President Barack Obama said alQaeda leader Osama bin Laden had been killed, which sent the US dollar higher. Even so, the currency was trading around $US1.095 by late afternoon. The dollar has risen US12c in the past month, benefiting from expectations the gap between US and Australian official interest rates will widen. Australias cash rate is 4.75 per cent and is expected to rise after recent figures showing inflation has accelerated. Meanwhile, the US rate is set in a range of zero to 0.25 per cent, which makes Australia and its currency a more attractive investment destination. Also buoying the Aussie dollar, gold and silver prices posted record highs in recent days. Westpac senior market strat egist Imre Speizer said the Aussie dollar was being pushed higher on expectations the Reserve Bank of Australia would lift the cash rate and on US dollar weakness. But the main story is . . . US dollar weakness, he said. The volatile New Zealand power market could force a risk reassessment NZ power market on notice WELLINGTON: New Zealand could face a reassessment of the electricity sectors risk profile, says ratings agency Standard & Poors. The Electricity Authoritys looming response to a price spike in the wholesale electricity market could force the reassessment. From a credit perspective, it isnt yet clear which companies would flourish under the new evolving electricity industry structure, S&P said. On March 26, spot electricity prices rose to an unprecedented $NZ20,000 ($A14,795) per megawatt hour during a planned transmission outage in the North Island. Indeed, the Electricity Authoritys looming response to the abnormal prices recently experienced may lead us to reassess our view of the sectors business risk profile, S&P said. The timing and funding of new projects also remained a key credit-rating factor. The report also discussed other emerging risk factors for the sector, including an emissions trading scheme and the possible partial privatisation of the three state-owned generator-retailers. Woolworths aiming to master Bunnings in hardware sector SYDNEY: Woolworths Ltds hardware brand is to be known as Masters, as Australias biggest supermarket chain continues to prepare for its entry into the $42 billion home improvement market. Woolworths, together with its US joint venture partner Lowes Companies Inc, said the first Masters store would open in September or October at Braybrook, in Melbourne. The Masters stores will go head-to-head with the Wesfarmers Ltd-owned Bunnings, the current market leader. Masters chief executive Don Stallings said yesterday the home improvement business was ready for a new name. In years to come, we believe this brand will become a very familiar one for Australian DIYers, he said. Masters was on track to achieve an initial target of 150 property sites in five years.


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