BUSINESS

Australia to Have 1 Million Homes With Solar Panels by June 2013

Australia is clearly on the road to one million homes having solar photovoltaic panels installed, the chief adviser to the Sustainable Energy Association (SEA) said on Wednesday. To help reach that goal is the opening of the 10-megawatt Greenough River Solar Farm in Western Australia.

The Market And The US Election

By Andrew Nelson in FloridaIt's an age old chestnut and God knows where it came from (not facts, that's for sure), but many in the US will stand by the claim that Republicans are good for the market.

Quantifornication

By Rick Mills, Ahead of the HerdAs a general rule, the most successful man in life is the man who has the best informationOverheated US housing prices started dropping in 2006.
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Australian Stock Market Report – Midday 10/10/2012

Local stocks have retreated from 14 month highs today, following a lacklustre session on US and European markets overnight. Wall Street eased into the red due to a lack of direction with no economic data released, and as investors showed nerves ahead of the start of the reporting season. At lunchtime in the East, the All Ordinaries Index (XAO) is down 13.6pts or 0.3pct to 4513.

Breville: A Stock For The Times

By Greg PeelThere would be few Australians unaware of Breville electric household products. The company was established in 1932 and on my reckoning probably cemented its Vegemite-style iconic status around about the seventies, by which time seemingly every home could boast a Breville toasted sandwic...

Ecotourism Australia Seeks High-Value Visitors

To develop a more profitable tourism industry, Ecotourism Australia Chief Executive Kym Cheatham pushed for more focus on high-value visitors instead of just increasing the number of tourists.

Qantas Clashes with NSW Premier on 2nd Sydney Airport

Qantas is on an apparent collision course, not against Virgin Australia or Tiger Airways or Middle Easter air carriers, but against the premier of New South Wales (NSW) over the plan to build a second airport in Sydney.

Australian Stock Market Report – Afternoon 10/9/2012

The Australian sharemarket improved for the eighth time in nine sessions, with the All Ordinaries Index (XAO) rising by 0.5 per cent or 24.6 pts to 4526.6. Last night, European markets slumped by as much as 2 per cent, with shares in Milan amongst the biggest losers. France's CAC40 and Germany's DAX Index both slid by close to 1.5 per cent. The CAC40 and DAX are France and Germany's equivalents to Australia's All Ordinaries Index (XAO).

This Time, China Helps Boost Australia’s Tourism

China's appetite for mining-related investments in Australia may be dwindling, but its appetite for Australian scenic spots has helped the resource-rich nation post a record number of tourist arrivals in August.

Japan Carmakers to Halve China Production amid Territorial Dispute

Japan's top three carmakers, Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co., decided to cut production in China by roughly half as a territorial dispute between Chinese and Japanese governments continues. Due to the territorial dispute Japan's carmakers have noted a decrease in sales in the world's largest auto market.

China Services of HSBC Recover PMI after Seeing a Low of One Year

According to a survey held on the 8th of October, the China's services sector recovered in the month of September after being hit by nearly a one year low on the growth in the month of August. These results followed an official assessment that seemed a lot gloomy in the previous week.

Sales of Toyota in China tumble as row on islands hit Japan Inc.

The sales of the Toyota Motor Corp. in the country of China have been down by nearly 40 percent in the month of September as compared to the previous year. The sales of some of its rival companies like BMW and Hyundai however soared high in China. This fact of Toyota's China sales fall reveals how badly the two countries have been struck by their ongoing territorial row.

Analyst: Apple to Gain Big Time in Buying Nokia

Nokia is struggling to regain its old footing and is placing most of its future bets with Microsoft but few analysts believe that the Finnish phone maker will rediscover the narrow road to recovery.

Australian Stock Market Report – Midday 10/9/2012

The International Monetary Fund has today cut its growth forecasts for China for this year and next, saying stimulus efforts have so far failed to deliver the expected boost. The downgrade appears to have been factored into local sentiment, with Australian stocks hitting a fresh 14 month high in early trade. The All Ordinaries Index (XAO) is up 17.1pts or 0.4pct to 4519.1pts at lunchtime in the East.

LG Teams Up With Google to Come Up With Next Nexus Phone

The next Nexus phone will appear this month, produced by LG, CNET reports. This will be the first time Google has teamed up with LG and it should help the latter break into the U.S. market. The phone is expected to be heavily influenced by the LG Optimus G.

Is HTC the Latest Casualty in the Smartphone Bloodbath?

Much like the battle in the mobile phone space that resulted in three companies - Nokia (NOK), Motorola (GOOG) and one time mobile phone vendor Ericsson (ERIC) - controlling the industry, the smartphone market is now consolidating around its top players. That means market share loss and margin pressure for others.

Business Groups Unhappy with Failure of Big 4 to Pass Full RBA Rate Cut

Several business groups have spoken against the failure of the big 4 to pass in full to borrowers the 25 basis points cut in overnight cash rate the Reserve Bank of Australia (RBA) made last week. The groups also did not spare the central bank for failing to persuade the lenders to follow its monetary policy.

Australian Fund Managers Turn Bullish

By Eva BrocklehurstAccording to the latest Russell Investments quarterly survey of Australian investment managers, we should expect a sustainable turnaround in the Australian share market within 12 months.

Australian Stock Market Report – Afternoon 10/8/2012

The Australian sharemarket ended in the red for the first time in eight sessions, with the All Ordinaries Index (XAO) easing by just 0.3 per cent or 11.8 pts to 4502. Keep in mind that last week, shares improved by 2.5 per cent, which was the local market's third best performance this year.

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