BUSINESS

Former Centro Boss Gets Fined, CFO banned, Others Scott Free

Federal Court ruling dismays Australian shareholders and investors for its failure to impose penalties on six directors of Centro Properties Group despite violating corporate laws. The court's decision to fine former Centro CEO Andrew Scott was also criticized.

Australia Corporate Outlook Stable

Moody's Investors Service has rated Australia's corporate sector outlook as stable stable over the next 12 to 18 months although companies will remain cautions given the global economic uncertainties.
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Sleeping on the Job… Recommended!

Research published in the Harvard Business Review has shown that employees can greatly improve their productivity by taking a short nap during their workday.

Instep: Influencing Diversity in the Workplace

The skill set to influence senior management is a key to success for any HR professional. There are a number of skills that make up the full range of tools that can be used to influence decisions. One the most valuable tools is building the business case for change.

BHP Billiton Approves US$367 Million Investment in Newcastle

Mining giant BHP Billiton has approved an investment of US$367 million (BHP Billiton share) for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia aimed at increasing total capacity at the coal terminal to 66 million tonnes per annum.

US Equities Facing Tough Resistance

FNArena has added another video to its Investors Education section on the website. In this video, ATW's Jerry Simmons suggests the rally in US equities might find the going tougher as strong technical resistance is looming.

Australian Stock Market Report - Morning 09/01/2011

The ISM-Chicago purchasing managers index fell from 58.5 to 56.5 in August - the lowest levels since November 2009. The new orders sub component recorded modest weakness. US ADP private sector employment rose by 91,000 jobs in August.

Global Markets Overview 09/01/2011

U.S. stocks advanced Wednesday, pushing the Dow Jones Industrial Average back into positive territory for 2011 and capping a four-day winning streak that closed a volatile August.

Is The ECB Turning Dovish?

By Kathleen Brooks, Research Director UK EMEA, FOREX.comThe ECB has been the most hawkish of the major central banks so far this year, but maybe not for much longer.

Melbourne Rental Vacancy Improves

The availability of rental homes in Melbourne continues to improve, the July rental vacancy rates from the Real Estate Institute of Victoria shows.

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