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JHX James Hardie Industries plc

50.96
-0.16 (-0.31%)
20 Dec 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
James Hardie Industries plc ASX:JHX Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.16 -0.31% 50.96 50.75 51.20 51.17 50.21 50.68 1,248,536 07:50:00

Australia Lends A$160 Million To NSW For James Hardie Asbestos Claims

06/12/2010 11:37pm

Dow Jones News


James Hardie Industries (ASX:JHX)
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Australia has lent up to A$160 million to New South Wales state to provide potential compensation to asbestos victims amid concerns James Hardie Industries SE's (JHX.AU) ability to make payments will be hampered by a U.S. housing market downturn.

Prime Minister Julia Gillard said the loan, to be paid back to the federal government, will be matched with an equal level of contributions by the New South Wales government.

"We are giving certainty to James Hardie asbestos victims that there are funds available to meet their claims," Gillard said.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

 
 

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