BUSINESS

Australian Stock Market Report 06/14/2011

Ratings agency Standard and Poor´s has slashed the credit rating of Greece by three notches from B to CCC and retained a negative outlook on the rating. S&P has also warned that it would view a debt restructuring as a default.

Business confidence slips further--NAB survey

For a third straight month, business owners in Australia have been down by pessimism as the Australian dollar reached new highs, an indicative report by the National Australia Bank (NAB) said.

Number of overweight Australian men increasing, alarming

Australian men are overweight, have a higher risk of cancer, prone to illicit drug use, injury, and smoking and have a shorter life expectancy that women but don't expect them to see a doctor about it, at least according to a recent study by the Australian Institute of Health and Welfare.
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Markets: The Gloom To Continue

Judging by the market outlook commentaries over the weekend and last night, it's going to be a seventh negative week for global markets this week.

China 1: Exports Boom, Surplus Up

Once again markets have looked at China's monthly trade figures and fretted and fussed about a slowdown or a bust in 2013 (why?) or suggested that the economy is heading into no man's land.

Australian Stock Market Report 06/13/2011

The evil spell that was cast on the sharemarket over the past week and half has been lifted for the time being, with the ASX 200 index (XJO) rising 0.3 pct or 12.5 pts to 4562.1 while the broader All Ordinaries index (XAO) jumped 0.3 pct or 13.2 pts to 4634.9.

World Market Overview 06/13/2011

The Australian share market staged a modest relief rally on Friday on a positive Wall Street lead, with bargain hunters and short-sellers pushing resources higher.

Top 5 iPad alternatives

Apple's iPad is one of the fastest-selling devices in history. But just because most people bought iPad doesn't mean you should. There are now many iPad contenders in the market. Here are just five of them:

Global buyers wary to re-enter housing market

A new global survey suggests that home buyers around the world are poised to re-enter the housing market, but property market instability and worries about their personal finances are holding them back.

Experts: U.S. nuclear industry in bigger growth slump

Even as Germany, Japan, Switzerland and other nations move to abandon existing and planned nuclear reactors, the United States is on a path to see at best only a small handful of already planned, government-backed reactor projects proceed, a group of experts said today.

Affected cattle industry farmers to tap $5-M contringency fund

The Australian livestock industry may get a reprieve from the financial debacle posed by the six-month-cattle ban to Indonesia by tapping into the $5-million contingency fund of the Meat and Livestock Australia (MLA), said Agriculture Minister Joe Ludwig.

Tips to attract top tenants

The average weekly rent in Australia is $450; over a year that’s $23,400. But a good tenant goes beyond what they’re paying in rent. You also want someone that will take care of the property, respect the neighbours and rent long-term. Even though the national vacancy rate is a relatively tight 2.2% - good tenants can be hard to come by.

Nestlé's latest: Kit Kat Chunky3

Nestlé has launched a new addition to its Kit Kat range, the Kit Kat Chunky3, which features the brand's signature wafer, topped with three breakable chunks containing three separate textures - fudge, crisp and sauce.

E. Coli treatment languishes for lack of commercial interest

According to scientists at the University of Adelaide, a potential life-saving treatment for severe E. coli food poisoning outbreaks was pioneered more than a decade ago, but hasn't gone forward into clinical trials because of lack of commercial interest.

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