What's Happening Next Week? With the rate cut still a warm memory, next week's speech from RBA Governor Glenn Stevens is unlikely to offer much in the way of interest rate guidance, but the question and answer portion of the evening could prove interesting. Next week brings us job ads and employment data, business and consumer confidence reads and inflation expectations just to name a few. And let's not forget Westpac's (WBC) AGM. 08 Dec 2008
Australia's Felix says buyer still keen; shares soar Australian coal miner Felix Resources said on Friday it was the target of ongoing bid interest, almost doubling its share price, but it declined to comment on talk that a Chinese miner was the interested party. 05 Dec 2008
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Airbus, Boeing Face Specter of 'White Tail' Jets It's a tense time to be building jets. Rivals Airbus SAS and Boeing Co. are carefully managing their bulging order books so that delayed or canceled orders from airlines don't turn into ''white tails'' -- jets built with nowhere to go. 04 Dec 2008
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Australia's Non-Farm GDP Negative In Q3 Cuts to official interest rates in Australia are coming thick and fast now, with 3.0% of cuts over the past couple of months as the Reserve Bank of Australia (RBA) attempts to stave of recession. The question is: does more need to be done? Today's GDP growth figures for the September quarter suggest the answer is yes; more action is necessary. 04 Dec 2008
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Boosting the Customer's Self Esteem Listening builds self-esteem. It has been said that, "Rapt attention is the highest form of flattery." When you listen intently to another person and it is clear that you genuinely care about what that other person is saying, his or her self-esteem goes up. 03 Dec 2008
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Ford Says CEO Will Work for $1 to Get Gov't Loans Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when the Detroit Three automakers' CEOs appear before lawmakers this week to request $25 billion in government loans. Ford CEO Alan Mulally said he'll work for $1 per year if the company has to take any government loan money. 03 Dec 2008
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Property '10 times' better than shares Despite significant drops in values across Australia, properties have performed 10 times better since Christmas compared to the stock market, according to Residex. 02 Dec 2008
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Bank guarantee scores AAA rating from Moody's Despite wreaking havoc when it was first introduced, the government's controversial guarantee scheme has been endorsed by ratings agency Moody's, which has given the initiative a AAA-rating. 02 Dec 2008
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Sydney Opera House mourns architect's death The distinctive white sails of the Sydney Opera House darkened Sunday night to mourn the death of Joern Utzon, the creative mind behind the globally known landmark. 02 Dec 2008