Transpacific Industries justified its ranking as one of the worst performing big stocks of the June half yesterday with a huge and surprising write-down that could reach a quarter of a billion dollars.
Small business support for the Australian Government has fallen to a 15-year low, according to the Sensis Business Index released today. SMEs have become much less supportive of the Federal Government’s policies, with the indicator declining sharply during the quarter to be the lowest level since February 1996.
Good and bad news for Japan's recovery in the industrial production and retail sales data for May, released this week.
By Greg PeelThe Dow closed up 72 points or 0.6% while the S&P gained 0.8% to 1307 and the Nasdaq added 0.
Amid rising public protest and violence in the streets of Athens, Greece's parliament overnight approved a deeply unpopular 28 billion euro austerity package that will, for the time being see the country avoid default.
Australian First Mortgage has appointed a former PLAN Australia state manager as its national head of sales.
Blue-chip stocks posted their biggest gain in more than two months, as signs of progress in Greece's debt crisis sparked a broad market rally.
According to the Case-Shiller series, US home prices fell 0.1pct in seasonally adjusted terms to be down 4.0pct lower than a year ago. Prices rose by 0.7pct in unadjusted terms.
Nokia's ten year reign on top of the Australian phone market is now over thanks to Apple and Android phones.
Speculations of his imminent departure from the giant telco proved true today as Telstra Corporation chief financial officer, John Stanhope, revealed on Wednesday that he is retiring after more than four decades of service to the company.
Financial comparison website RateCity is warning Australian borrowers to carefully review enticing home loan interest rate promotions, following several new promotions and home loans hitting the market this month.
Despite the nuclear meltdown scare spawned by Japan’s near-uranium leak, Rio Tinto said on Wednesday that it remains committed to stay in the uranium mining operations even as the global resource giant has admitted that growth in the sector could some snag over the next 10 years.
Small businesses in Australia should brace for more pain this coming financial year, the ANZ warns in its latest report released on Wednesday as the power of a stronger dollar and the lure of the Internet marketing on Australian consumers will continue to weigh down on sales.
Mobile phone calls to Lifeline made from anywhere in Australia will no-longer be charged starting 1 July under a new deal made between the three major phone carriers.
Australia's small, non-bank lenders have begun applying small increases in its upfront home loan fees and discharge fees in response to the loan exit fee ban.
Gadget tinkering can easily land you a high-profile job like in the case of the iPhone and Sony PlayStation 3 hacker, who was reportedly hired by social media giant Facebook to re-focus his energy in developing the company’s upcoming application for iPad.
As world-wide fans give much regard to their virtual farms, pets, mafia gangs, game creator Zynga has deemed it necessary to cast $1 billion international public offering (IPO) tomorrow, 30 June.
By Alexander Green, Investment U's Chief Investment StrategistMonday, June 27, 2011: Issue #1543Here are three easy ways to beat the market: Deception, irrelevance and bad math.
ASIC loved the Centro decision by the Federal Court on Monday and of course, the Centro directors who were found guilty didn't like it.
Another multi-billion dollar Liquefied Natural Gas project is approaching the starting line, taking the value of the projects so far approved to well over $100 billion, with a couple of more mega projects to come.
The International Olympic Committee has encouraged athletes and other participants at the 2012 London Games to post comments on social media platforms or websites and tweet during the Olympics, but noted that athletes may be sanctioned or barred from competing if guidelines are not followed.
Westpac has cut interest rates on its fixed rate home loans by up to 20 basis points.
That's why the continuing outflow of money from Greece's banks is becoming more of a worry.
By Greg PeelThe Dow rose 145 points or 1.2% while the S&P gained 1.3% to 1296 and the Nasdaq added 1.5%.
As the decision in the Greek Parliament approaches, a senior official at the RBA says there are few parallels between Lehman Brother's collapse in September 2008 and Greece, should it default.
ASIC has stepped up its intensity with an infringement notice issued to a Sydney broker.
MasterCard Inc., operator of the second-largest electronic payments network, with card brands MasterCard MasterCard, Maestro and Cirrus, temporarily lost service on its website due to a cyber attack from hackers backing whistle-blowing site WikiLeaks.
One of these was retail investment company, Premier Investments, controlled by Solomon Lew, which revealed a number of senior management appointments (from other retailers) to the Just Group.
Mortgage Ezy has announced the release of a self-managed super fund loan. The mortgage manager has stated its SMSF loan product will be available to brokers "within days," and will carry a rate below 8%.
Interim management has become one of the fastest growing areas of HR and a new study of over 250 interim executives has provided an insight into who's taking these roles in Australia.
