Investors have voted in favour of replacing the management of the City Pacific First Mortgage Fund.
(Adds details, comments) By Denny Thomas and Adrian Bathgate
Treasury Secretary Ken Henry says federal budget forecasts may have been too pessimistic.
* Prices up after Nigeria militants attack pipeline again * Huge U.S. gasoline, distillate stockbuild weigh
Coca-Cola Amatil’s managing director says the worst is yet to come, and weaker companies will submit to the strong.
* Dollar edges down vs euro but still near post-Fed levels * Fed: no change on debt buying, deflation less of a threat
* Aussie bounces as weaker yen, higher stocks lift * Aussie yield curve in bear flattening as bond futuresfall
Bank of Queensland says there is no evidence of dishonest practices by the bank in connection with Storm Financial clients.
BHP Billiton may be preparing to offload its disastrous Ravensthorpe nickel project in Western Australia.
The Australian oil and gas industry says it could generate tens of thousands of jobs and billions of dollars in royalties if it is allowed to expand.
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