Lihir Gold says June quarterly production is in line with guidance and up 6% on the march quarter, but off 17% from the same quarter of 2009 because of flooding in Africa. The company also says its planned merger with Newcrest is proceeding as planned.
Australia's lottery market is worth $3.6bn a year but only 4% of punters play online. Manaccom is well established to take advantage of inevitable growth with their online software platform.
The pressure is off interest rates and the Reserve Bank can take a bow for getting its inflation forecast right. Its forecast for inflation in the June quarter, published in last week's Minutes of the July board meeting, was spot on.
