BUSINESS

Economists Predict 2% RBA Cash Rate

- RBA saw need to support economy- Economists predict more cuts will be required- Westpac and Macquarie see a 2% cash rate aheadBy Greg PeelIs the Reserve Bank of Australia "behind the curve"?In its April monetary policy statement, the RBA suggested "Global growth is forecast to be a little below av...

Australian Stock Market Report – Afternoon 5-7-13

The Reserve Bank of Australia's (RBA) somewhat surprise decision to cut rates for the first time this calendar year helped reduce market weakness. The All Ordinaries Index (XAO) slipped by just 0.2 per cent or 11 pts to 5,122.7. At around 2.45pm (AEST), the ASX200 index was up by 0.2 per cent while the Australian dollar hit a low of US101.7 cents just before 3pm (AEST).
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Bird Flu Strain H7N9 Hitting China Not Yet a Pandemic, But..

Because the bird flu strain H7N9 that has claimed 27 lives in China has yet to be confirmed that it can be transferred from human to human, health experts said it won't become pandemic. Well, at least not yet or not at least 10 years from now.

China and India See Services PMI Drop in April

Two fast growing economies, China and India, saw their services PMI slump significantly in April. Certainly, it is not good news as indeed these two countries with other Asian nations have been driving the growth of the global economy - nothing to sneeze at. The findings by HSBC Holdings show, however, that India and China will face more challenges on their growth road.

Is BHP A Buy?

By Peter Switzer, Switzer Super ReportJust when many Australian investors ? and in all likelihood many of our SMSF subscribers ? are thinking BHP Billiton ((BHP)) must be looking like a buy, one expert for my TV show and this newsletter, Roger Montgomery suggested that the share price could fall int...

70 Mega Rich Aussies Didn’t Pay Taxes in 2012

There were 70 super rich Australians who earned in 2010-11 at least $1 million each but did not pay income taxes in 2012. Among the 70, their total earnings reached $194 million but because of tax reduction strategies used by their accountants, they reduced their total taxable income to $20,000 each.

Uranium Off To Good Start After Bad April

By Andrew NelsonApril was a funny old month for uranium. After a couple of mostly flat months in February and March, uranium prices dropped through most of April.

RBA Joins The Currency War, Sort Of

By Greg Peel"The exchange rate has been little changed at a historically high level over the past 18 months, which is unusual given the decline in export prices and interest rates during that time".

Australian Stock Market Report – Midday 5-6-13

The Australian sharemarket is higher thanks to a better than expected US jobs on Friday, however a portion of the gains were wiped out due to a weaker than forecast retail spending report. The All Ordinaries Index (XAO) is up 1.1 per cent or 54.4 pts to 5159.8. The mining sector is the standout at lunch thanks to a strong rise in commodity prices, in particular copper which jumped by 6.2 per cent.

Nexus 5, Nexus 7 & Nexus 10: Which Brand Should Make the New Nexus Device? [Videos]

Five of the best brands have released their remarkable design across the Android history and Google is now developing their next Nexus line up. HTC, LG, Motorola, Sony and Samsung have individual trademarks on every device they made and it is so exciting to know which among them will be chosen to complete the future of Google Nexus.

Android 4.3 New Features Bluetooth LTE and OpenGL ES 3.0 Teased by HTC

Android 4.3 Jelly Bean will seem to roll out after the Google I/O conference this May 15th and speculations of new features with the upcoming Android version leaked out. HTC teases two new technologies rumoured to appear on Android 4.3 - the Bluetooth Low Energy and OpenGL ES 3.0.

Techies Pick Top 5 Android Smartphones

For people deciding to replace their old Android smartphones, making a choice is now more difficult as new models are coming out one after the other with features so enticing.

Australian Stocks: What Happened Today?

By Ashley Jessen, director of LearnCFDs.com and author of CFDs Made SimpleDespite an extremely healthy lead from the US bourses overnight and an incredible day for our banking sector, our S&P/ASX 200 was unable to inspire any upside remaining flat for the day, down 0.

Australian Stock Market Report – Afternoon 5-3-13

The Australian sharemarket improved for the second consecutive week, albeit only modestly. The All Ordinaries Index (XAO) edged higher by 0.5 per cent over the five past days and finished largely flat today.

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