DOCSLIB.ORG

It's Not Business As Usual at Boral

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
It's Not Business As Usual at Boral Boral Limited Annual Review 2008 Boral It’s not business as usual at Boral Boral Limited ABN 13 008 421 761 Contents for the 2008 Annual Review It’s not business as usual at Boral 2 Chairman’s Review 6 Managing Director’s Review 8 Financial Highlights 12 Summary of Reporting Groups 14 Financial calendar* Review of Operating Divisions Australian Construction Materials 16 Ex dividend share trading commences 25 August 2008 Cement 18 Record date for final dividend 29 August 2008 Clay & Concrete Products 20 Final dividend payable 18 September 2008 Timber 2 2 Plasterboard 24 Annual General Meeting 24 October 2008 USA 26 Half year 31 December 2008 Management Committee 28 Half year profit announcement 11 February 2009 Financial Review 29 Ex dividend share trading commences 23 February 2009 Board of Directors 31 Record date for interim dividend 27 February 2009 Corporate Governance 32 Interim dividend payable 3 April 2009 Directors’ Report 38 Year end 30 June 2009 Remuneration Report 42 Concise Financial Report 50 * Timing of events is subject to change. Statutory Statements 65 Shareholder Information 66 Financial History 68 Glossary and Abbreviations 69 Our 2008 Sustainability Report can be found on the reverse side of this Annual Review. The Annual General Meeting of Boral Limited CEO and Managing Director Boral Limited will be held at the ABN 13 008 421 761 Rod Pearse Level 39, AMP Centre City Recital Hall, Angel Place, Chief Financial Officer 50 Bridge Street, Sydney NSW 2000 Ken Barton Sydney on Friday 24 October at GPO Box 910, Sydney NSW 2001 Company Secretary 10.30am. Telephone: (02) 9220 6300 Michael Scobie International: +61 2 9220 6300 Auditor Facsimile: (02) 9233 6605 KPMG The Annual Review includes a concise International: +61 2 9233 6605 report containing abbreviated financial Internet: www.boral.com.au statements. Detailed financial statements Email: [email protected] are available in the separate 2008 Financial Report, which shareholders Stock Exchange Listing may access on Boral’s website Australian Securities Exchange www.boral.com.au or request free Share Registry of charge by phoning Boral’s share c/- Link Market Services registry on (02) 8280 7133 or via email to Level 12 [email protected] or 680 George Street, Sydney NSW 2000 by writing to Link Market Services, Locked Locked Bag A14, Bag A14, Sydney South NSW 1235. Sydney South NSW 1235 Boral Limited is a company limited by Telephone: (02) 8280 7133 shares, incorporated and domiciled in International: +61 2 8280 7133 Australia. Facsimile: (02) 9287 0303 International: +61 2 9287 0303 Front Cover: The 20km long Gateway Motorway upgrade project in Brisbane includes Internet: the duplication of the Gateway Bridge. The new www.linkmarketservices.com.au 1.6km long bridge will link both sides of the Email: Brisbane River with its 130 metre long and 80 metre high mainspan. [email protected] Boral has been working with the developer, Leighton Abigroup Joint Venture on this project for Queensland Motorways Limited. We delivered 156,000m3 of concrete to the project in 2007/08 and will supply a total of 250,000m3 by the completion of the project. 1 It’s not business as usual at Boral Boral is an integrated, resource-based manufacturing company with strong upstream and downstream positions in building and construction materials markets in Australia, the USA and in Asia. The markets in which we operate are cyclical in nature. Dealing with cyclical market swings is business as usual for Boral, but in 2008, it is not business as usual. The spectacular cyclical downturn in the USA has coincided with several other extraordinary factors to create a particularly challenging business environment. Boral’s 2008 performance highlights the growing importance of Boral’s largest reporting group, Construction Materials, Australia. Strengthening results from the Australian business (despite the continued housing downturn) partially offset a dramatic decline in Boral’s offshore earnings. Key financial results for 2008: • Net reported profit after tax down 19% to $243 million • Sales revenue up 6% to $5.2 billion • EBITDA1 down 10% to $688 million – Australian EBITDA up 9% to $657 million – Offshore EBITDA down 82% to $27 million • EBITDA1 to sales margin of 13.2% • Earnings per share1 down 17% to 41.4 cents • Full year fully franked dividend maintained at 34 cents 1. Excluding significant item Boral Limited Annual Review 2008 2 Challenges Boral faces a number of challenges due to several extraordinary external factors. These simultaneous events have created a business environment that is not business as usual. US housing activity down 1 45% from its 2006 peak 2500 In 2007/08 total US housing (‘000) 2000 ts starts were down 27% r ta to 1.13 million compared S 1500 to 1.55 million in the prior year, leading to Boral’s 1000 ousing USA EBIT decreasing from H a A$95 million profit to a US 500 l A$27 million loss. ota T 0 8 00 1974 1986 1996 1970 1976 1978 1980 1982 1988 1990 1992 1994 1998 2000 2002 2004 2006 2 1972 1984 Energy and other input costs 2 increase dramatically during 2008 250 Jul-07) 200 to Overall Boral’s costs grew by 6.5%. For example 150 GasOil and Natural Gas (indexed prices up 112% and 97% es 100 c I respectively, impacting pr transport and manufacturing 50 GasOil 0.5% costs. gas US Nymex natural gas & l 0 oi ul 08 Jul 07 Jul 06 J Jan 07 Jan 08 NSW housing activity at 3 40 year lows 40000 35000 (MAT) ts 30000 r Australian housing ta 25000 S activity remains at low 20000 levels, and well short 15000 ousing of underlying demand – H 10000 especially in NSW where NSW Boral earns around 5000 l 40% of its Australian 0 ota 8 T revenues. 00 1974 1986 1996 1970 1976 1978 1980 1982 1988 1990 1992 1994 1998 2000 2002 2004 2006 2 1972 1984 Boral Limited Annual Review 2008 3 Demand for concrete in 4 Australia at record levels 140 Solid levels of infrastructure and non-dwelling activity drove industry concrete 120 volumes up 7%, and Boral’s umes l construction Materials EBIT O v up 10% to A$351 million. To ete 100 meet this growing demand, cr Boral is investing in further on Australia c construction materials NSW capacity. ABS 80 08 l Jul 01 Jul 99 Ju Jan 00 Jan 02 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Despite plasterboard growth, Asian 5 profits declined by A$5 million 25 ) M 20 While plasterboard (A$ 15 markets improved, 10 contributing to a 29% nings r 5 increase in lBGA’s 0 underlying earnings -5 (before exchange rate impacts), Asian -10 LBGA Construction materials construction materials -15 sian segment ea margins fell significantly A 008 and trading conditions 2001 2007 2002 2003 2004 2005 2 2006 remain challenging. Global credit crisis impacts 6 liquidity and borrowings rk 350 hma 300 A global credit c tightening was 250 experienced in ) 200 2007/08 leading to S p ead to ben B diminished market ( 150 pr liquidity and higher 100 borrowing costs. 50 owing s JULI Banks Index rr 0 bo ul 08 Jul 07 J Jan 07 Jan 08 Government progresses 7 emissions trading scheme The “carbon pollution reduction Scheme”, scheduled for introduction in 2010, will impact emissions-intensive, trade-exposed (EITE) industries such as the cement industry. Recognition of cement as an EITE industry and provision of a “level playing field” for domestic competitors and importers is vital for Boral. Boral Limited Annual Review 2008 4 Response We recognise that in a not business as usual environment, the best response is to focus on the things that are within our control and to do them particularly well. To manage the major downturn in US housing activity, Boral is implementing a rigorous cost saving and plant slowdown program, 1 but still investing for market recovery. • US$42.5 million of cost saving programs in Bricks and Monierlifetile (Boral’s share) have been implemented, with US$11 million of savings already delivered. An incremental benefit of US$31.5 million is expected in 2008/09. An extensive plant slowdown/mothballing program is in place in bricks and roof tiles to match production with sales and avoid an inventory build. By year end, utilisation was ~40% and ~30% in bricks and roof tiles, respectively. • A new US$55 million brick plant in Terre Haute, Indiana, and a US$30 million clay tile plant in Ione, California were commissioned in 2008. These new plants position Boral well when markets recover and, during the downturn, these low cost plants will operate at high utilisation, allowing higher cost capacity to be mothballed. • We are embarking on a step change program in the Denver and Oklahoma construction materials businesses including plant optimisation, an alternative fuels study and integration of systems and overheads. To manage energy, fuel and other cost increases, Boral is increasing 2 prices and investing in alternative fuel strategies. • We are strongly focused on recovering costs through price increases. In Australia we have announced August / September 2008 price increases in concrete ($12.50 per cubic metre), quarries ($1 - $3 per tonne), and cement ($15 per tonne). Additionally, price increases have been announced for most building products and fuel price levies introduced for bricks, roof tiles and masonry products. • In the USA, price increases and energy surcharges have been announced and an through alternative fuels strategy the new Terre Haute brick plant is operating on up to 80% landfill gas, and overall in the US brick business, we are targeting to source around 30% of energy from alternative (lower cost) fuels.
Load more

Recommended publications
  • Industry Associations & ASX Companies
    Industry Associations, ASX Companies, Shareholder Interests and Lobbying CONTENTS About the Authors ........................................................................................................................ 3 ACCR ............................................................................................................................................ 3 About ISS-caer ............................................................................................................................. 3 About the Report .......................................................................................................................... 4 Foreword ...................................................................................................................................... 4 Introduction .................................................................................................................................. 5 Report Structure .......................................................................................................................... 6 PART 1 - Background ................................................................................................................... 8 What is an Industry Association? .............................................................................................. 8 Advantages and Disadvantages of Belonging to an Industry Association ........................... 10 Australian Legislation and Regulations Covering Industry Associations ............................. 11
    [Show full text]
  • Socially Conscious Australian Equity Holdings
    Socially Conscious Australian Equity Holdings As at 30 June 2021 Country of Company domicile Weight COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA 10.56% CSL LTD AUSTRALIA 8.46% AUST AND NZ BANKING GROUP AUSTRALIA 5.68% NATIONAL AUSTRALIA BANK LTD AUSTRALIA 5.32% WESTPAC BANKING CORP AUSTRALIA 5.08% TELSTRA CORP LTD AUSTRALIA 3.31% WOOLWORTHS GROUP LTD AUSTRALIA 2.93% FORTESCUE METALS GROUP LTD AUSTRALIA 2.80% TRANSURBAN GROUP AUSTRALIA 2.55% GOODMAN GROUP AUSTRALIA 2.34% WESFARMERS LTD AUSTRALIA 2.29% BRAMBLES LTD AUSTRALIA 1.85% COLES GROUP LTD AUSTRALIA 1.80% SUNCORP GROUP LTD AUSTRALIA 1.62% MACQUARIE GROUP LTD AUSTRALIA 1.54% JAMES HARDIE INDUSTRIES IRELAND 1.51% NEWCREST MINING LTD AUSTRALIA 1.45% SONIC HEALTHCARE LTD AUSTRALIA 1.44% MIRVAC GROUP AUSTRALIA 1.43% MAGELLAN FINANCIAL GROUP LTD AUSTRALIA 1.13% STOCKLAND AUSTRALIA 1.11% DEXUS AUSTRALIA 1.11% COMPUTERSHARE LTD AUSTRALIA 1.09% AMCOR PLC AUSTRALIA 1.02% ILUKA RESOURCES LTD AUSTRALIA 1.01% XERO LTD NEW ZEALAND 0.97% WISETECH GLOBAL LTD AUSTRALIA 0.92% SEEK LTD AUSTRALIA 0.88% SYDNEY AIRPORT AUSTRALIA 0.83% NINE ENTERTAINMENT CO HOLDINGS LIMITED AUSTRALIA 0.82% EAGERS AUTOMOTIVE LTD AUSTRALIA 0.82% RELIANCE WORLDWIDE CORP LTD UNITED STATES 0.80% SANDFIRE RESOURCES LTD AUSTRALIA 0.79% AFTERPAY LTD AUSTRALIA 0.79% CHARTER HALL GROUP AUSTRALIA 0.79% SCENTRE GROUP AUSTRALIA 0.79% ORORA LTD AUSTRALIA 0.75% ANSELL LTD AUSTRALIA 0.75% OZ MINERALS LTD AUSTRALIA 0.74% IGO LTD AUSTRALIA 0.71% GPT GROUP AUSTRALIA 0.69% Issued by Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340) the trustee of Aware Super (ABN 53 226 460 365).
    [Show full text]
  • Australian Equities Lending Margins Effective 21 April 2021
    Australian Equities Lending Margins Effective 21 April 2021 Stock ASX Margin Stock ASX Margin Stock ASX Margin Code Rate Code Rate Code Rate A2B Australia A2B 40% AusNet Services AST 70% Costa Group Holdings CGC 60% The A2 Milk Company A2M 65% ASX ASX 75% Challenger Financial Australian Agricultural Company AAC 55% AUB Group AUB 50% Services Group CGF 70% Adelaide Brighton ABC 70% Australian United Challenger Capital Notes CGFPA 60% Abacus Property Group ABP 60% Investment Company AUI 70% Challenger Capital Notes 2 CGFPB 60% Audinate Group AD8 40% Aventus Retail Property Group AVN 50% Challenger Capital Notes 3 CGFPC 60% Adairs ADH 40% Alumina AWC 70% Charter Hall Group CHC 70% APN Industria REIT ADI 40% Accent Group AX1 40% Champion Iron CIA 50% Australian Ethical Amaysim Australia AYS 40% Cimic Group CIM 70% Investment Limited AEF 40% Aurizon Holdings AZJ 75% Carlton Investments CIN 50% Australian Foundation Bapcor BAP 60% Centuria Industrial REIT CIP 60% Investment Company AFI 75% Baby Bunting Group BBN 40% Collins Foods CKF 50% Ainsworth Game Technology AGI 40% Bendigo & Adelaide Bank BEN 70% Class CL1 40% AGL Energy AGL 75% Bendigo & Adelaide Bank BENHB 65% Clean Teq Holdings CLQ 40% AGL Energy USFDS AGLHA 75% Bendigo & Adelaide Bank CPS BENPE 65% Clover Corporation CLV 40% Automotive Holdings Group AHG 55% Bendigo & Adelaide Bank CPS BENPF 65% Charter Hall Long Wale REIT CLW 60% Asaleo Care AHY 50% Bendigo & Adelaide Bank CPS BENPG 65% Centuria Metropolitan REIT CMA 50% Auckland International Airport AIA 70% Bell Financial Group
    [Show full text]
  • 2014 Annual Report Leighton Holdings Limited Abn 57 004 482 982
    www.leighton.com.au @LeightonGroup 2014 ANNUAL REPORT LEIGHTON HOLDINGS LIMITED ABN 57 004 482 982 construction l mining l engineering l ppps Leighton Holdings Limited Annual Report 2014 2014 Annual Report CONTENTS Section Page Executive Chairman and CEO’s Review 2 Directors’ Report 4 Operating and Financial Review 12 Remuneration Report 27 Financial Report 44 Shareholdings 150 Shareholder information 152 Glossary 153 In this Annual Report a reference to ‘Group’, ‘we’, ‘us’ or ‘our’ is a reference to Leighton Holdings Limited ABN 57 004 482 982 and the entities that it controls unless otherwise stated. The Leighton Holdings corporate governance statement is available on our website, in the section titled Board and Governance (www.leighton.com.au/our-approach/board-and-governance/corporate-governance-approach). 1 Leighton Holdings Limited Annual Report 2014 Executive Chairman and CEO’s Review Dear Shareholders, As the Leighton Holdings Executive Chairman and CEO, I am proud to provide you with this review of the Leighton Group’s progress during 2014. STRATEGIC REVIEW 2014 marked the commencement of the transformation of the Leighton Group. We began a significant restructure, making progress on the objectives we set in June 2014 of strengthening the balance sheet, streamlining our operating model, and improving project delivery. Our achievements included establishing dedicated, streamlined and efficient businesses focused on contract mining, construction, public private partnerships, and engineering. We also produced a sustainable reduction in overheads, divested John Holland and established a 50:50 investment partnership for the Services operations of Leighton Contractors and Thiess. The John Holland divestment and Services partnership are subject to customary approvals including from the Foreign Investment Review Board.
    [Show full text]
  • Quarterly Investment Update Antares High Growth Shares Fund – June 2021
    Quarterly Investment Update Antares High Growth Shares Fund – June 2021 For adviser use only Highlights for the quarter Performance: The Fund returned 9.6% (net of fees) for the June quarter, outperforming its benchmark by 1.3%. Contributors to performance: Positive contributors – Aristocrat Leisure, Telix Pharmaceuticals, Megaport, Boral, Woodside (not owned); Negative contributors – Incitec Pivot, Qantas, ANZ, Resmed (not owned) and Altium (not owned). Stock activity: Buys/additions – Ansell, Downer and TPG Telecom ; Sells/reductions – BlueScope Steel, Boral, Endeavour Group and Worley Fund snapshot Inception date 7 December 1999 Benchmark S&P/ASX 200 Total Return Index To outperform the benchmark (after fees) over rolling Investment objective 5-year periods Investment returns as at 30 June 20211 Period 3 months 1 year 3 years pa 5 years pa 10 years pa Since inception pa Net return2 % 9.6 39.9 9.2 12.6 10.0 11.0 Gross return3 % 9.9 41.9 10.5 13.9 11.2 12.5 Benchmark return % 8.3 27.8 9.6 11.2 9.3 8.5 Net excess return % 1.3 12.1 -0.4 1.4 0.7 2.5 Gross excess return % 1.6 14.1 0.9 2.7 1.9 4.0 1 Past performance is not a reliable indicator of future performance. Returns are not guaranteed and actual returns may vary from any target returns described in this document. 2 Investment returns are based on exit prices, and are net of management fees and assume reinvestment of all distributions. Contributors to performance Pleasingly the Fund enjoyed another strong quarter, returning 9.6% (net of fees) vs the benchmark return of 8.3%.
    [Show full text]
  • Inverell Business & Retail Guide
    INVERELL BUSINESS & RETAIL GUIDE 2021 1 | P a g e Accommodation: Animal Services: Commercial Businesses & Page 4 Page 5 Services: Page 6 Food & Beverages: Hair & Beauty: Industrial & Manufacturing Services: Page 11 Page 14 Page 16 Retail: Trades: Transport: Page 20 Page 27 Page 29 2 | P a g e Other Services: Index: Page 30 Page 31 3 | P a g e ACCOMMODATION Apartments & Cottages Rumbalara Cottage 14 Kookaburra Lane, Inverell 2360 0427 467 949 Triggervale Guesthouse Old Bundarra Road, Inverell 2360 0408 236 601 Bed & Breakfast Blair Athol Estate 37 Blair Athol Road, Inverell 2360 6722 4288 Killarney Cottage 114 Hough’s Lane, Gum Flat, 2360 0458 924 164 Caravan Parks & Campgrounds Ashford Caravan Park Bukkulla Street, Ashford 2361 6725 4268 Copeton Northern Foreshores 1873 Auburn Vale Road, Inverell 2360 6723 0250 Fossickers Rest Caravan Park Lot 3 Lake Inverell Drive, Inverell 2360 6722 2261 Inverell Caravan Park 21 Glen Innes Road, Inverell 2360 6722 3036 Pindari Dam Pindari Dam Road, Pindari 2361 6725 4014 Reflections Holiday Park Copeton Waters 3533 Copeton Dam Road, Copeton 2360 6723 6269 Sapphire City Caravan Park 93 – 103 Moore Street, Inverell 2360 6722 1830 Hotels Australian Hotel 81 – 87 Byron Street, Inverell 2360 6722 1611 Imperial Hotel 39 Byron Street, Inverell 2360 6722 1511 Royal Hotel/Motel 260 Byron Street, Inverell 2360 6722 2811 Motels Cousins Motor Inn 9 – 11 Glen Innes Road, Inverell 2360 6722 3566 Inverell Motel 49 – 59 Otho Street, Inverell 2360 6722 2077 Inverell Terrace Motor Lodge 28 Warialda Road, Inverell 2360
    [Show full text]
  • ESG Reporting by the ASX200
    Australian Council of Superannuation Investors ESG Reporting by the ASX200 August 2019 ABOUT ACSI Established in 2001, the Australian Council of Superannuation Investors (ACSI) provides a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 38 Australian and international We undertake a year-round program of research, asset owners and institutional investors. Collectively, they engagement, advocacy and voting advice. These activities manage over $2.2 trillion in assets and own on average 10 provide a solid basis for our members to exercise their per cent of every ASX200 company. ownership rights. Our members believe that ESG risks and opportunities have We also offer additional consulting services a material impact on investment outcomes. As fiduciary including: ESG and related policy development; analysis investors, they have a responsibility to act to enhance the of service providers, fund managers and ESG data; and long-term value of the savings entrusted to them. disclosure advice. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. 6 INTERNATIONAL MEMBERS 32 AUSTRALIAN MEMBERS MANAGING $2.2 TRILLION IN ASSETS 2 ESG REPORTING BY THE ASX200: AUGUST 2019 FOREWORD We are currently operating in a low-trust environment Yet, safety data is material to our members. In 2018, 22 – for organisations generally but especially businesses. people from 13 ASX200 companies died in their workplaces. Transparency and accountability are crucial to rebuilding A majority of these involved contractors, suggesting that this trust deficit. workplace health and safety standards are not uniformly applied.
    [Show full text]
  • Dow Jones Sustainability Australia Index
    Effective as of 23 November 2020 Dow Jones Sustainability Australia Index Company Country Industry Group Comment Australia and New Zealand Banking Group Limited Australia Banks National Australia Bank Limited Australia Banks Westpac Banking Corporation Australia Banks CIMIC Group Limited Australia Capital Goods Brambles Limited Australia Commercial & Professional Services Downer EDI Limited Australia Commercial & Professional Services Tabcorp Holdings Limited Australia Consumer Services The Star Entertainment Group Limited Australia Consumer Services Janus Henderson Group plc United Kingdom Diversified Financials Oil Search Limited Papua New Guinea Energy Woodside Petroleum Ltd Australia Energy Coles Group Limited Australia Food & Staples Retailing Fisher & Paykel Healthcare Corporation Limited New Zealand Health Care Equipment & Services Asaleo Care Limited Australia Household & Personal Products Insurance Australia Group Limited Australia Insurance QBE Insurance Group Limited Australia Insurance Suncorp Group Limited Australia Insurance Addition Amcor plc Switzerland Materials Addition BHP Group Australia Materials Boral Limited Australia Materials Evolution Mining Limited Australia Materials Fletcher Building Limited New Zealand Materials Fortescue Metals Group Limited Australia Materials IGO Limited Australia Materials Iluka Resources Limited Australia Materials Incitec Pivot Limited Australia Materials Newcrest Mining Limited Australia Materials Orocobre Limited Australia Materials Rio Tinto Ltd Australia Materials South32 Limited
    [Show full text]
  • Stoxx® Australia 150 Index
    STOXX® AUSTRALIA 150 INDEX Components1 Company Supersector Country Weight (%) Commonwealth Bank of Australia Banks Australia 8.37 CSL Ltd. Health Care Australia 7.46 BHP GROUP LTD. Basic Resources Australia 7.23 National Australia Bank Ltd. Banks Australia 4.37 Westpac Banking Corp. Banks Australia 4.09 Australia & New Zealand Bankin Banks Australia 3.75 Wesfarmers Ltd. Retail Australia 3.30 WOOLWORTHS GROUP Personal Care, Drug & Grocery Australia 2.87 Macquarie Group Ltd. Financial Services Australia 2.84 Rio Tinto Ltd. Basic Resources Australia 2.48 Fortescue Metals Group Ltd. Basic Resources Australia 2.27 Transurban Group Industrial Goods & Services Australia 2.20 Telstra Corp. Ltd. Telecommunications Australia 2.05 Goodman Group Real Estate Australia 1.77 AFTERPAY Industrial Goods & Services Australia 1.54 Coles Group Personal Care, Drug & Grocery Australia 1.39 Woodside Petroleum Ltd. Energy Australia 1.28 Newcrest Mining Ltd. Basic Resources Australia 1.27 Aristocrat Leisure Ltd. Travel & Leisure Australia 1.11 XERO Technology Australia 1.00 SYDNEY AIRPORT Industrial Goods & Services Australia 0.93 Brambles Ltd. Industrial Goods & Services Australia 0.91 Sonic Healthcare Ltd. Health Care Australia 0.90 ASX Ltd. Financial Services Australia 0.82 SCENTRE GROUP Real Estate Australia 0.80 Cochlear Ltd. Health Care Australia 0.74 QBE Insurance Group Ltd. Insurance Australia 0.73 SUNCORP GROUP LTD. Insurance Australia 0.71 South32 Australia Basic Resources Australia 0.71 Santos Ltd. Energy Australia 0.68 Ramsay Health Care Ltd. Health Care Australia 0.66 Insurance Australia Group Ltd. Insurance Australia 0.65 Mirvac Group Real Estate Australia 0.60 DEXUS Real Estate Australia 0.59 SEEK Ltd.
    [Show full text]
  • Boq Term Deposits Australia
    Boq Term Deposits Australia Inside Ignatius reorientates her eccentricity so dissolutive that Avery cantilever very conjugally. Ready Wojciech sustain: he cachinnating his percolator inside-out and actinally. Introducible and acerous Ransell cabbage while floricultural Frederico raiment her hollas indefensibly and whoosh hazardously. We implement on closure of term deposit term deposit accounts and quantitative measure of queensland may not only run for regular deposits opened with term deposits Morgan stanley mortgage contact number textdesignonline. Alex has not be eligible transactions that applies equally with the costs on a result from any plan. By using our services you are deemed to have consented to mind use, disclosure and other matters in relation to your personal information, as set also in fit policy. Term Deposits Australia BOQ. You must have consented or needs life insurance quote, then offer from that are rarely identical. You selected stocks mentioned represent significantly affect policy. Australian Prudential Regulation Authority APRAAPRA is the prudential regulator of the Australian financial services industry. An interest adjustment is also applicable for early redemption. Bank with your list is boq term deposits australia ltd, or to borrowers should quote or loss is paid, from time period is. Business reporter Michael Janda asked half a dozen experts to melt their views on this outlook. Rate swaps transactions in boq term deposits australia. Banks are being flooded with cheap money, stuff a event when businesses and households are not particularly keen on borrowing more. At the lash of vesting, qualifying KMP had they be employed, not serving out all notice policy or weapon to performance review both to every adverse risk behaviours.
    [Show full text]
  • Promises, Pathways & Performance
    Promises, pathways & performance Climate change disclosure in the ASX200 August 2021 About ACSI Established in 2001, ACSI exists to provide a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 36 Australian and international asset owners and institutional investors. Collectively, they manage over $1 trillion in assets and own on average 10% of every ASX200 company. 36 Australian & international investors Our members believe that ESG risks and opportunities have a material impact on investment outcomes. As fiduciary investors, they have a responsibility to act to enhance the long- term value of the savings entrusted to them. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. ACSI staff undertake a year-round program of Leading voice on ESG issues research, engagement, advocacy and voting and advocacy advice. These activities provide a solid basis for our members to exercise their ownership rights. ACSI members own around 10% of every ASX200 company Climate reporting in ASX200 companies: August 2021 2 Table of contents Introduction .................................................................................................................................................... 4 Key findings .................................................................................................................................................... 5 Net zero emissions
    [Show full text]
  • 1. Shareholdings in Public and Private Companies (Including Holding
    Form A 3 March 2020 Surname: Mclachlan Other names: Andrew State/Territory: SA Date: 3/03/2020 1. Shareholdings in public and private companies (including holding companies) indicating the name of the company or companies (Note: It is NOT necessary to declare the size or value of the shareholding) Name of company – (including holding and subsidiary companies if applicable) OATMILL HOLDINGS PTY LTD AUSTOFIX GROUP LTD VITRO SOFTWARE HOLDINGS (Designated Activity Company) ALUMINA LIMITED ANTIPODES GLOBAL INVESTMENT COMPANY LTD ANZ BANKING GROUP LIMITED AP EAGERS LIMITED ARISTOCRAT LEISURE LIMITED BHP GROUP LIMITED BORAL LIMITED CLEANAWAY WASTE MANAGEMENT LTD COMMONWEALTH BANK OF AUSTRALIA CORPORATE TRAVEL MANAGEMENT LIMITED COSTA GROUP HOLDINGS LIMITED GRAINCORP LIMITED ILUKA RESOURCES LIMITED LI LONG SHORT FUND LIMITED MACQUARIE GROUP LIMITED MINERAL RESOURCES LIMITED Form A NAOS EMERG OPP CO LTD NINE ENTERTAINMENT co HLDGS LTD OOH!MEDIA LIMITED ORIGIN ENERGY LIMITED ORORA LIMITED QBE INSURANCE GROUP LIMITED QUBE HOLDINGS LIMITED RELIANCE WORLDWIDE CORPORATION LIMITED SIMS LIMITED SONIC HEALTHCARE LIMITED SOUTH32 LIMITED S32 THE STAR ENTERTAINMENT GROUP LTD TPG TELECOM LIMITED TPM WAM LEADERS LIMITED WAM MICROCAP LIMITED WESFARMERS LIMITED WESTPAC BANKING CORPORATION WOODSIDE PETROLEUM LIMITED WORLEY LIMITED NATIONAL STORAGE REIT STPLD SEC AMCOR PLC JANUS HENDERSON GROUP PLC SPARK NEW ZEALAND LIMITED VIRGIN MONEY UK PLC ANZ BANK UNSEC NON-CUM PARADICE GLOBAL SMALL CAP FUND PLATINUM EUROPEAN FUND WESTPAC CAPITAL NOTES 2. Family and business
    [Show full text]