BUSINESS

BMW X3 xDrive20i on Sale in Australia

BMW Australia is introducing the new BMW X3 xDrive20i variant into the local line-up. It features the new 2.0-litre TwinPower turbocharged four-cylinder engine.

Claims for Qantas Refunds May Take Weeks

Qantas would immediately refund passengers for canceled flights and out-of-pocket expenses caused by Chief Executive Alan Joyce's unilateral decision to ground all crew and flights on Saturday until Monday noon. However, to get immediate refunds, ticket holders must contact Qantas's call centre.
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Upbeat Chi-X Australia Strikes More Trading Gains

The historic launch of alternative trading operator Chi-X Australia has continued its positive turnout of trades now on its third day, according to company's chief operating officer Peter Fowler.

The New Steel Silk Road

By Richard (Rick) MillsAs a general rule the most successful man in life is the man who has the best informationThe Silk Routes, collectively known as the "Silk Road", refer to a 7000 mile network of interlinking trade routes that were used for three millennia.

London Property Still Prohibitively Out of Reach for First Time Buyers

For the last few years, the London property market has been one of the most talked about in the world. Before the crash it was talked about because of the rapid rate at which property prices were growing, especially prime properties, and the fact that first time buyers were being priced out of the market.

Get Set For Positive News From Karoon

- Karoon quarterly suggests Browse and Santos projects may be delayed- Delays are timing issues so not a major problem for DJ Carmichael- Ratings on Karoon remain positive given upside potentialBy Chris ShawFor Karoon Gas Australia ((KAR)), the key elements of the group's quarterly production r...

Transpacific Restructuring Attracts Stockbroker Upgrades

- Transpacific refinancing removes a headwind- Company should benefit from improved management focus- Goldman Sachs upgrades to a Buy ratingBy Chris ShawTranspacific Industries ((TPI)) has undergone significant changes since 2009, with a new chairman and senior management team and new governance fun...

Bill Gates Shrugs Off Steve Jobs’ Criticism: 'Steve Jobs Did a Fantastic Job'

Some storied rivalries never die. In the case of Steve Jobs and Bill Gates that rivalry lasted their entire professional lives and tied the two men together in a relationship that was at times fractious but still symbiotic. During an interview with ABC News, Bill Gates summed up his professional rivalry with Jobs as sometime co-workers who spurred each other on.

Australian PMI: Pace of Manufacturing Decline Eases in October

The latest seasonally adjusted Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) contracted in October, albeit at a slower rate than recent months, rising 5.1 points to 47.4. The decline was particularly pronounced across the clothing and footwear sub-sector and sub-sectors linked to the construction industry.

Gillard Calls Qantas’s Lockout Extreme

Although Qantas is back in the air following the intervention by Fair Work Australia (FWA) over the industrial dispute, Qantas Chief Executive Alan Joyce did not escape recrimination for his unilateral decision to ground the planes and crew on Saturday.

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