Sunday 11 January 2009

Rhodes. London paper outsources

Production of sections of the London daily newspaper, The Daily Telegraph, is understood to have commenced at the head office of Australian Associated Press (AAP), at Rhodes. In an attempt to costs, unedited copy is transmitted from London to Rhodes were it is produced Pagemasters before being transmitted back to London, according to The Sydney Morning Herald. Pagemasters, a company owned by AAP and set up in 1991, has more than doubled staff over the past two years to about 140 people, who subedit about 1800 pages a week.

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Region. Latest residential land valuations

Variation of media residential land value by local government area for 2007-08, as supplied by the Department of Lands: Blacktown, 4 per cent; Penrith, 3 per cent; Bankstown, 1 per cent; Holroyd, 1 per cent; Fairfield, no change; Baulkham Hills, no change; Parramatta, no change; Auburn, -1 per cent; Hawkesbury, -2per cent; Campbelltown, -4per cent; Liverpool, -5 per cent Woollahra topped the table with 24 per cent.

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Kings Park. Noni B expects profit fall

Women’s fashion retailed, based at Kings Park, expects net profit to be more than halved to between $2 million and $2.5 million, for the first half of 2008-09. The group earned $5.7 million in the same period last year. Noni B opened 12 new stores during the half year bringing the total across the country to 211. More are expected to be opened during the second half of the year, depending on leasing arrangements. The company said that following the Federal Government's economic stimulus package, sales had improved significantly, and after-Christmas sales had been above last year's.

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