Obama to cut business taxes by $218bn

omss, this is your Australian Business update for Tue Sep 07 13:00:25 EST 2010
	Obama to cut business taxes by $218bn Jonathan Weisman and John McKinnon BARACK Obama will propose that companies be allowed to write off 100 per cent of their new investment in plant and equipment through 2011.   Macquarie begins cutting staff John Durie MACQUARIE has stepped up the staff cuts already, with market chatter suggesting redundancies started last night after the profit downgrade.   China may allow farms as collateral Leo Lewis CHINA'S farmers are possibly about to be sucked into the greatest financial revolution since the invention of the credit card.   Court finds no copyright in headlines James Chessell THE Federal Court has ruled against Fairfax Media's attempt to claim copyright over headlines at The Australian Financial Review.   Andean may see bidding war, CEO says Michael Bennet ANDEAN Resources chief Wayne Hubert says there's "a chance" of a bidding war for Australia's second-largest gold miner.   Westpac appoints Kittel CEO of BankSA Michael Bennet WESTPAC chief Gail Kelly has appointed bank veteran Jane Kittel as the new managing director of its South Australian BankSA.   Home building at 16-month low Geoffrey Rogow ACTIVITY in the construction sector contracted again in August as home-building fell to its lowest level in 16 months.   AWB gains from Russia drought DROUGHT in Russia and weather damage in Europe had helped lift interest in Australian wheat, agribusiness AWB said today.   Financial Markets Stocks edge up before RBA decision THE Australian sharemarket was slightly firmer by early afternoon, as investors awaited the RBA's monetary policy decision.   Utilities lead European shares higher Investors hit as timber group felled   Financial Markets Coverage   Mining & Energy Andean may see bidding war, CEO says Michael Bennet ANDEAN Resources chief Wayne Hubert says there's "a chance" of a bidding war for Australia's second-largest gold miner.   Shell rules out bid for Woodside Jailed Russian oil tycoon targets PWC   More Mining & Energy Coverage		12:55pm Stocks edge up before RBA decision 12:44pm Andean may see bidding war, CEO says 12:42pm Shares flat, investors cautious 12:40pm Dollar lower, recovered from dip on report 12:37pm Macquarie begins cutting staff 12:23pm UK phone-tapping pressure grows 12:19pm More pain at 'the factory' possible 12:18pm Shell rules out bid for Woodside 12:08pm Kia vice-chairman quits over recall 11:40am Obama to cut business taxes by $218bn 11:34am Interest rates 'set to rise' 11:30am AWB gains from Russia drought 11:24am Court finds no copyright in headlines 11:06am Home building at 16-month low 10:42am Rates, politics, overseas doubts irk shares   More Business Breaking News
	Tim Boreham More pain at 'the factory' possible YOU'RE dreamin', fellers...that's the resounding message from Macquarie watchers this morning. John Durie Macquarie begins cutting staff MACQUARIE has stepped up the staff cuts already, with market chatter suggesting redundancies started last night after the profit downgrade. More Opinion Stories
	Agriculture AWB gains from Russia drought Aviation BA cabin crew vote for strike ballot Banking & Finance Westpac appoints Kittel CEO of BankSA Construction & Engineering Home building at 16-month low Green Business Passengers shun offsets Healthcare Valuer finds Stockland's Aevum bid low Infrastructure & Utilities Leighton boss's exit imminent Legal Affairs Jailed Russian oil tycoon targets PWC Leisure & Gaming Qantas to pay out after High Court loss Manufacturing Kia vice-chairman quits over recall Media UK phone-tapping pressure grows Mining & Energy Andean may see bidding war, CEO says Primespace   Rent rises above inflation rates Retail & Consumer Woolies gets fresh in food fight Small Business Dark clouds over small business Telecoms Mark Hurd may join Oracle Transport & Logistics From couch potato to power source		Highlights Andean may see bidding war, CEO says Michael Bennet ANDEAN Resources chief Wayne Hubert says there's "a chance" of a bidding war for Australia's second-largest gold miner.   Obama to cut business taxes by $218bn Jailed Russian oil tycoon targets PWC   More Highlights   Executive Lifestyle Dubai ruler to reclaim mega yacht crown John Harlow THE ruler of Dubai, who already has the world's tallest building, could soon be the ruler of the high seas, too, after 24 inches are added to his mega yacht.   Lamborghini without frills   More Primespace Coverage   Portfolio Manager Currencies Map Portfolio Login RSS Feeds Alerts (Email/Mobile) Vanguard Volatility Chart Alerts Login Interactive Charting
	Do not reply to this email, as this email address is not monitored. To unsubscribe from the Business Briefing click here
	Digital Edition | Contact Us | Advertise | Accessibility | Sponsorship | Terms & Conditions | Privacy Policy Copyright 2010 News Limited. All times AEST (GMT +10).