Google unveils eight new applications for businesses
Google launches eight new applications today.
ACCC: Qantas execs can be jailed for alleged cartel
The Australian Competition and Consumer Commission warned executives of Qantas Airlines Ltd. that it maybe criminally liable for an alleged involvement in a price-fixing cartel along with 11 other air cargo companies fined by the European Commission.
Australian Dollar Outlook 10/11/2010
The Australian Dollar is slightly lower this morning, trading just above parity against the US Dollar as we head towards the G20 leader's summit in Seoul this week.
World Market Overview
U.S. stocks declined slightly Tuesday while commodities rallied as inflation fears increased as investors continued to digest the Federal Reserve's stimulus plans.
More news
REIV urges politicians to address housing affordability
A professional association for real estate agents in Victoria is calling on politicians to address housing affordability in the state as data show the number of first home buyer numbers has fallen sharply as a result of rising property prices, shortage of stock and higher state government taxes.
AWE finds large potential gas resource in Perth Basin Shale Gas acreage
Oil and gas producer AWE Ltd (ASX: AWE) has identified a potential gas resource at its Perth Basin Shale Gas play.
Telcos score NBN Co network proposal, warn of losses in millions due to claim suits
Australian telecommunication firms jointly criticised the proposed network scheme of the national broadband network by NBN Co, describing the plan as a magnet for huge compensation suits and a stumbling block for further infrastructure initiatives.
Shell divests its millions of Woodside shares, opens door on eventual exit from Aussie firm
Royal Dutch Shell has decided to sell off 10 percent of its stake on Woodside or more than 78 million shares, a move characterised by analysts as a step away from the giant oil firm’s non-core businesses.
Rolls-Royce claims it’s near on solving Qantas engine blowout as shares recover
Rolls-Royce has reportedly zeroed in on the specific cause of the engine blow out suffered by Qantas Flight 32 that forced the aircraft to an emergency landing in Singapore last week.
Business conditions see sharp decline in October -NAB
Business conditions slumped to their lowest in October, following a significant slowdown in activity in the construction and retail sector.
Australian Stock Market Report - Midday
Australian stocks are giving back a little today, after profit takers moved in on Wall Street overnight, sending the Dow Jones Index off two year highs.
APLNG receives Queensland environmental approval
Australia Pacific LNG Pty Limited today said it has received state environmental approval for its coal seam gas (CSG) to liquefied natural gas (LNG) project.
Housing boom propels wood industry, but exports down
Australia's housing sector is providing the basis for robust demand for structural wood products in Australia, according to new research.
Australian Dollar Outlook 09/11/2010
The AUD has opened relatively unchanged this morning after a fairly non-eventful night.
World Market Overview
U.S. stocks slipped Monday as returning concerns over European sovereign debt added to worries about the effects of the Federal Reserve's recent actions.
Daily forex forecast - 09/11/2010
A brief US Dollar rally saw the Aussie lose ground during onshore trade yesterday with a minor increase in October Job Advertisements failing to provide any support.
Australian Stock Market Report - Morning
Russia has echoed China's comments ahead of the G20 summit, saying the US should consult other countries before pumping cash into its economy.
Australians exploring refinancing options as interest rates hike
Australian borrowers are taking flight to refinancing and lowest possible rates as the polical debate on banking competition intensifies.
Australia's luxury homes on auction at Sydney Opera House
Luxury homes will be auctioned tonight at the Sydney Opera House as 11 prime pieces of property including five in Sydney and one in Brisbane will be up for grabs and estimated to cost A$30 million.
US, Australia to tackle China's monopoly of rare earths
High-level talks between the United States and Australia will take place today as U.S. Secretary of State Hillary Clinton initiated discussions on China's monopoly of rare earths, which are used as key components in military systems.
ING Direct offers $1000 to entice other banks' clients to switch
ING Direct Australia, one of the country's largest retail bank, says it will offer $1000 cash to any customer who switches their mortgage to ING Direct and opens an Orange Everyday transaction account before June next year.
Australian Stock Market Report - Closing
The Australian sharemarket mirrored the U.S markets today after finishing relatively unchanged for the first day of the week. The All Ordinaries Index (XAO) closed down by 0.4pct or 17.6pts to 4855.3.
Financials drag Australian stock market down
The Australian share market has lost ground as investors cashed in on recent gains in the resources, financial and property sectors.
Equinox Minerals reverses loss, turns in $71M profits
Equinox Minerals Ltd., the Australian copper producer has turned in some $71.2 million profits in the third quarter as production at its Lumwana mine in Zambia increased.
Australia, NZ finance companies urged to fight insider fraud
The latest KPMG Fraud and Misconduct Survey has revealed Australian and NZ finance companies are more vulnerable to lending fraud and bogus insurance claims for the last two years.
Hogan’s tax case begins hearing in Sydney Federal Court
Crocodile Dundee star Paul Hogan is set to argue his case as the tax fraud case filed against the Australian commenced its hearing on Monday in the Federal Court of Sydney.
McDonald's Australia now accepts NAB, ANZ, Macquarie Visa payWave
McDonald's Australia today said it has partnered with Visa to bring consumers an even faster way to pay for their meals.
Investors keen on QR National’s IPO
Australian coal hauler and transporter QR National Ltd. has received keen interest from foreign investment managers for its $5 billion dollar initial public offering (IPO) before its formal offering on November 22
Spain’s ACS assures Leighton’s independence as Takeover Panel rules on merger concerns
Following the assurance of independence provided by Actividades de Construccion y Servicios (ACS) of Spain, Australia’s Leighton Holdings Ltd declared on Monday that no further attempts of blocking ACS’s takeover bid of Germany’s Hochtief would emanate from the giant construction firm.
Australian Stock Market Report - Midday
Australian stocks are flat in early trade, but significantly managing to hold on to six month highs reached during Friday's trade.
Orica achieves record profit, Indonesia plant behind schedule
Orica (ASX: ORI), the world's top maker of explosives for mines today announced a net profit after tax and individually material items of $1,319 million for the full year ended 30 September 2010, up $777 million on the previous year.
DuluxGroup posts $61M profit, tips further growth
Paint, adhesives and garden care products supplier DuluxGroup Ltd (ASX:DLX) today posted $61.289 million net profit for the its first year as a standalone entity in fiscal 2010 and said it expects profit to grow further.
Australian Dollar Outlook 08/11/2010
The AUD remains very firm this morning after touching another post float high of 1.0175 on Friday night, as the US non-farm payrolls in October rose 151k, as compared to predictions of 60k.
World Market Overview
U.S. stocks rose slightly Friday, extending their climb to fresh two year highs as investors were encouraged by a report of stronger than expected job growth for October.
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