BUSINESS

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...
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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.

Uranium Goes Nowhere In A Hurry

By Greg PeelEarly last week uranium market participants gather in Arizona for a Uranium Fuel Seminar and such conferences have a tendency to remove players from the market.

Can The Markets Be Kind To Macquarie?

- Macquarie's result weak but no shock- Costs, staff and divs cut but is it enough?- Stock well leveraged to market improvement- Inexpensive but is it time to buy?By Greg Peel"Following the release of the European financial package," declares Goldman Sachs' equity strategy team, "we believ...

RBA Rides A Winner

By Greg PeelThe RBA has not waited around to see the final detail of the European resolution plan, probably figuring that a weak response from global markets would warrant a cut anyway.

Environment Conducive To Further Gold Price Gains

- Some similarities for gold market between 2008 and now- Barclays sees a number of factors as supportive for the metal- Positive backdrop suggests further gains are likelyBy Chris ShawIn late September the gold price fell by 10% in just four trading sessions, a price movement Barclays Capital notes...

Wait for iPhone 5? iPhone 4S's Battery Bug, Yellowgate & 6 Other Problems

Millions have already purchased Apple Inc.'s fifth generation handset, the iPhone 4S. While didn't have any design changes from the previous model, the improved processor and camera, as well as a built-in digital assistant, Siri, have impressed many. Apple has been known to provide amazing and revolutionary computing devices. But it doesn't mean that a product as meticulously designed like the iPhone 4S won't be free of any issues.

Rio Tinto Explores Nigerian Market

Rio Tinto, along with 10 other Australian companies, have been made part of an Australia-Nigeria Trade and Investment Council to look into possible investment opportunities in Nigeria's mining, agriculture and financial services sectors.

Updates: Good NAB Profit, Weak WOW Sales

A record profit from the National Australia Bank and a higher dividend, supporting the bank's go it alone strategy and trying to make itself different from its peers.

Problems With Computer Price Estimates

Free to consumer price estimates are popular tools in North America, but they are not without problems. In the coming year or two we expect to see automated valuation modelling being used more widely in Australia - offering either existing or new portal entrants a way to stand out in a rather tough online marketplace.

HTC Has Dropbox vs. Apple, iCloud

Taiwanese phone manufacturer HTC will now offer its Android users 5Gb of free cloud storage thru file hosting service Dropbox. HTC announced this new partnership on its Facebook page.

Patent Wars: Are Consumers the Ultimate Victims?

It seems like you can't read about tech news without running across news about one company suing another for patent infringement. Just this week, Apple was granted a patent for the slide to unlock feature which is also a feature in most smartphones. What this means is that Apple can now sue other phone and tablet manufacturers for using the slide to unlock feature and we can reasonably expect a new spate of patent infringement cases from this development in addition to all the lawsuits flying...

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