Archive for May, 2012

24
May

Aussie dollar easing the squeeze

Aussie dollar easing the squeeze

The Australian dollar has fallen below $0.98 against the USD overnight. The Aussie is now down 8.4% in 3 months bringing welcome relief to Australian manufacturers, farmers and Wayne Swan amongst others.

15
May

P’nyang boosts Oil Search

P’nyang boosts Oil Search

Our Quest portfolio continues to hold Oil Search as a core holding. Oil Search holds 29% of the Exxon managed Papua New Guinea Liquified Natural Gas Project which is due to deliver first gas from the PNG highlands to Port Moresby in 2014.