GE welcomes the Government's announcement today that a carbon price will be introduced on 1st July 2012.
Steve Sargent, President and CEO, GE Australia and New Zealand said: "We have long been an advocate of a price
on carbon as a means to affect real change in the way Australia tackles carbon emissions and the threat of climate
change."
GE announced strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009.
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Melbourne: GE Money has announced that following the latest increase in the Reserve Bank of Australia official cash rate of 25 basis points it will increase home loan variable interest rates by 25 basis points for mortgages previously sold through third party mortgage managers, brokers and other introducers and AMS (previously Wizard) in Australia.
The rate change is effective Wednesday, 17 November 2010.
About GE Money
40 entries from Australia demonstrate creative approach to addressing climate change
Sydney, Australia, 16 November 2010 - GE Australia today highlighted innovative local entries to its ecomagination challenge, with the winner to be announced by the end of November. The challenge attracted more than 40 entries from Australia highlighting a strong level of local innovation and progressive thinking about carbon reduction technologies.
Third Quarter Earnings
GE announced third-quarter 2010 earnings from continuing operations (attributable to GE) of $3.2 billion, with EPS of $0.29 per share up 32% from the third quarter of 2009.
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First Application in the Country for GE's Bacteria-Reducing Membrane Bioreactor Technology
NEW ORLEANS, LA. and ROTORUA, NEW ZEALAND---October 5, 2010---To comply with stricter environmental requirements, Rotorua, New Zealand has selected GE's (NYSE: GE) advanced bacteriaremoving membrane bioreactor (MBR) technology for the upgrade of the city's wastewater treatment plant. This will be the largest MBR plant in New Zealand and also marks the first use of the GE MBR technology in the country.
Australia is 6th highest contributor globally in GE's ecomagination Challenge
Sydney, Australia, 14, September, 2010 - Australian entries for GE's US$200m ecomagination challenge are the highest in Asia Pacific. With three weeks remaining, 30 projects focused on renewable energy and smart grids have been received from Australia -- outpacing China, Japan, South Korea and New Zealand.
Only the US, Canada, the UK, India and Kenya have generated more entries, demonstrating Australia's active community of innovators focused on addressing climate change.
GE announced second-quarter 2010 earnings from continuing operations (attributable to GE) of $3.3 billion, with EPS of $0.30 per share up 15% from the second quarter of 2009.
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