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Macquarie Media profits hit $274m
 
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Regional broadcaster Macquarie Media Group has reported a near seven-fold spike in annual profit.

PHILLIP LASKER, PRESENTER: Regional broadcaster Macquarie Media Group has reported a near seven-fold spike in annual profit.

Acquisitions in Australia and the US, an asset sale in Taiwan and revenue from political advertising during last year's federal election campaign boosted net earnings to $274-million.

Shares in Macquarie Media ended the session unchanged at $3.70.

Source: Lateline Business
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Source: ABC
Release Date: Wednesday, 27 August 2008 9:59 PM
Author: Phillip Lasker
Runtime: 0 minutes 25 seconds

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Strategist analyses stoush between iron ore miners
Bell walks away from Tricom takeover
Rates decision aimed at containing demand
Woolworths director accuses colleagues of sexism
Rio Tinto chiefs receive hefty pay rises
Nick Parsons discusses global markets
Govt needs to take action on business front: Greig Gailey
Global markets take another plunge
Workforce challenges face guesthouse business
This week in business
Incitec Pivot chief speaks on company's future plans
Credit crisis affects Gunns pulp mill funds
Michael Knox analyses the US economic climate
Banks feel pressure of tightening markets
Martin Lakos joins Lateline
Report shows customers stressed
Oil price rise means petrol more expensive
Giant PWC sign catches fire
Strong rainfall saves Vic winemakers
Rio Tinto flags dramatic price changes
City Pacific shares almost double
ABC Learning grilled over margin calls
Sharemarket soars after moves to ease credit crisis
ACTU pushes for low income wage rise
Parsons analyses market surge
Consumer confidence falls in wake of rates rises
Shareholders lose out over lack of women
A look at the markets
Incitec Pivot makes bid for Dyno Nobel
Investors pump money into oil
Arkmile makes a bid for Challenger
Indonesia's banks still tainted by corruption
Babcock and Brown reafirms full-year forecast
The latest European market news
Local markets slump on global fears
Eleanor Hall speaks with Professor Thomas Clarke
RBA hopes rates rise will curb inflation
Small investors face hidden perils
Zinifex to merge with Oxiana
City Pacific blames media for financial plight
This week in business
Telstra loses High Court legal battle
Consolidated Media privatisation on hold
ABC Learning shares take another dive
David Halliway from Macquarie Private Wealth discusses Allco trading halt
Just group managing director speaks on company's profit growth
Roger Montgomery analyses the ABC and Morgan Stanley deal.
Credit crunch puts 'buffer' banks under pressure
RAMS founder lifts stake in Allco
ABC sells off 60pc of US business
ABC Learning extends trade suspension
Market wrap with Marcus Padley
January retail sales figures flat
Big super funds want system reform
Commodity exports set to rise
Rates rise a double blow for business
Allco shares plunge
Oxiana to merge with Zinifex
A look at the markets with Rob Taubman
ASX criticised over disclosure rules
Turn off shower to turn on savings
Overview of 2008 first half profits
ABC Learning 'a lightning rod' for ASX issues
Westfield strong amid struggling property sector
No reprieve in sight for insurers
The week in business
Suncorp profits drop
US dollar hits record low
Analyst predicts gloomy forecast after credit crunch
Westfield sheltered as economic conditions worsen
ABC Learning feeling pressure of share price fall
Financing activities timed well by GPT
Small business confidence low: survey
Woolworths delivers impressive first half
ABC shares fall amid earnings drop
Allco last ditch bid for survival
The local markets with Graig Webb
Tanner rejects freeze on spending
Grain prices not a paltry consideration
Troubled companies shake up ANZ's bad debt provisioning
The week in business
Wesfarmers announce 50pc profit rise
Telstra profits jump 13pc
Ali Moore speaks to Geoff Dixon
Michael Wolf joins Lateline Business
Ali Moore speaks with Don Voelte
Martin Lakos joins Lateline Business
Crown shares slump after PBL split
Ali Moore speaks with Trevor O'Hoy
The latest market news
RBA considered further rate rise
Ali Moore speaks with Rob Hunt
Aust miners to benefit from International mining deal
Rise of Sovereign Wealth causes concern
Jane Croft joins Lateline Business
ANZ takes $341m hit
Local councils hit by subprime
Pedders survives the bumpy auto parts game
Crunch time for troubled Centro
This week in business
CBA's Ralph Norris discusses tough times in banking
Low unemployment fuels rate rise fear
UBS suffers first annual loss
Tricom seeks merger partner
Investors angry over Arana sale
The local markets
MFS, Allco in takeover talks
Consumer sentiment at 15 month low
Coke posts record profit
Boral profits fall
Commonwealth Bank's shares fall
The London markets
The local markets with Martin Lakos
Rio calls for increased offer
Investors sell out as JB, Cochlear profits surge
Business confidence down: Nat Bank
Investors caught out by market slide
300 jobless after National Parts Co collapse
BHP urges patience on Rio deal
Mirvac 'optimistic' about future demand
Wheat growers to stay on AWB board
Rate hike hits housing market
Societe Generale lowers price to make up losses
Ansell profits up, United Group falls
Symbion to accept Primary Health offer
Rio continues to reject BHP offer
Portfolio strategist on sub prime crisis
RBA warns inflation, rate rises to continue
Roadstar rides booming caravan industry
ASIC probe to shake-up securities regulation
The week in business
Conroy discusses the state of play for broadband
BHP Billiton makes its move on Rio
The London markets
Ali Moore speaks to Futuris CEO
Wesfarmers announces new Coles CEO
Rio rejects BHP bid
NAB warns of market turmoil
Symbion may accept Primary Healthcare bid
Aust businesswomen on trade mission to India
BHP launches $160b Rio bid
Car industry handouts criticised
Mac Group CEO retires
Ali Moore speaks to Stockland CEO Matthew Quinn
The London markets
RBA lifts interest rates to 7 per cent
Murdoch has 'no plans' for Yahoo
Optus increases third quarter profit
Record turnover for Aust securities exchange
Ali Moore speaks to Industry Minister Kim Carr
Marcus Padley on the local markets
Strategist discusses Chinalco's Rio raid
MFS to sell over half of Stella Group
Tricom to close margin lending business
Trade deficit down in December
Aust share market on the rise
Analysts discuss market outlook
Chinalco defends Rio Tinto purchase
Plastics company toys with success
Govt moves to add more experts to RBA board
Big themes in business for 2008
The week in business
Tanner explains reform agenda
Experts discuss the global markets
Telstra guilty of misleading customers on Next G
ABARE reports slow growth in minerals, resources exports
Islamic banking sector sees rapid growth
Coca-Cola bolsters beer assets
Xstrata sets sights on Resource Pacific
Reserve Bank lifts veil
Lend Lease, Mirvac confirm takeover talks
Tom Hougaard discusses latest European market news
Conroy discusses Australia's digital future
Wine industry to focus on quality, not quantity
The latest European market news
Expert discusses latest market news
Economists predict merry Christmas for retail sector
Crop yield still below average
Palmary wins battle for ConsMin
New battle front for BHP's rail network
ERA says significant amount of uranium left at Ranger
World's oldes Rolls Royce sells for record price
Clean Energy Council CEO discusses the climate conference
PBL gets mixed investor response
Gross business profits fall
Rudd Govt faces telecommunications challenge
Adelaide Bank defends rate rise
Independent butchers chop back
NAB acquires US farm belt banks
Labor policy opens wheat industry to change
The week in business
Rio mounts offensive against BHP merger
WorkChoices all but dead
Wheatley drops appeal
Bankers linked to Enron facing jail
Graincorp reports loss
Ali Moore speaks with Mark Joiner
The latest market news
NAB announces plans for takeover
Mining company forced to amend prospectus
The end in sight for WorkChoices
Ali Moore speaks with Graeme Samuel
BHP promising greater supply of commodities
The latest European market news
Foreign workers flagged for iron-ore project
Qantas to cut cost on cabin staff
Coles rebuilding a long-haul job: Wesfarmers
Bank chief predicts more market pain
Local market wrap
ATO kills off Symbion takeover
Rams AGM a fizzer
Small business may feel effects of IR reforms
Ali Moore speaks with Heather Ridout
Markets ready for new government
The latest European market news
Rio explains rejection of BHP's offer
The panel discuss business and new government
ALP must address national broadband network
New era for business under Labor rule
This week in business
New entrant in budget flight market
Tiger Airways CEO says more competition needed
Aust stock market falls for third day in a row
Gunns chairman shuts down AGM
Business calls for simpler tax regime
Odds firm for Labor win
Expert discusses US subprime impact on Australian markets
Lion Nathan makes profit despite drought
Bio-tech industry points to future
Financial sector under scrutiny
Seven boosts West Australian Newspaper s