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ASX Announcements
Wednesday, September 03, 2014
Paynes Find Gold - Change in substantial holding 14:29 PM
Mirvac Industrial Trust - Sale of 5990 W Touhy Avenue Niles 14:29 PM
Image Resources NL - Final Director's Interest Notice - J O'Callaghan 14:24 PM
Corporate Travel Management - Appendix 3B 14:21 PM
Corporate Travel Management - Avia International Travel Acquisition complete 14:20 PM
Milton Corporation - NTA and Top 20 Investments as at 31 August 2014 14:19 PM
Codan - Initial Director's Interest Notice 14:11 PM
Challenger - Appendix 3B 14:10 PM
Galileo Japan Trust - Becoming a substantial holder 14:06 PM
Country Road - Removal from the Official List at close 04/09/14 14:06 PM
Trade Me Group - Date of Annual Meeting and Director nomination period 14:06 PM
Red Mountain Mining - Red Mountain executes controlled placement agreement 14:02 PM
Iluka Resources - Change in substantial holding 14:02 PM

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CANBERRA, Sept 3 AAP - Australia is continuing to lose its competitive edge in the global economy, strangled by government red tape.
Australia dropped one place in the latest World Economic Forum's Global Competitiveness Index to 22nd, continuing a downward trend since 2009/10 when it was ranked 15th.
Australia Industry Group chief executive Innes Willox said more of Australia's competitors were "leap-frogging" the local economy.
The most telling result was the burden of government regulation, which had now tumbled to 124th from 60th in 2010/11, he said.
The report reinforces calls from the business community for greater urgency to be injected into building domestic productivity and competitiveness.
That was particularly the case with industrial relations with restrictive labour regulations identified as the most significant impediment to doing business in Australia, Mr Willox said.

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Netquote Market Summary at 2:25 PM
Wednesday, 3 September 2014

Most Active ASX Stocks by Trades
CompanyLast ChangeVolume
BHP 36.335 0.565 4.41M
ANZ 33.78 0.170 2.35M
CBA 81.88 0.380 1.01M
RIO 62.585 0.445 1.11M
NAB 35.39 0.300 2.56M
QBE 11.795 0.145 4.15M
WPL 43.31 0.360 1.12M
WBC 35.345 0.175 1.75M
MQG 59.15 0.980 653.8K
COH 72.97 0.060 134.7K
WOW 35.84 0.100 1.84M
WES 43.9 0.170 636.2K
SUN 14.88 0.280 2.62M

ASX IndicesLastChange
ASX 203,555.20 3.50
ASX 505,825.40 6.50
ASX 1004,705.60 5.90
ASX 2005,666.50 8.00
ASX 3005,609.20 7.70
ASX MIDCAP 504,779.30 11.90
ASX SMALL ORDS2,293.60 6.50
ALL ORDINARIES5,664.50 7.60
ASX 200 CONS DISC1,854.20 0.70
ASX 200 ENERGY15,208.10 118.90
ASX 200 FIN6,363.80 32.70
ASX 200 FIN PROP7,455.70 37.20
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