Australians may be swimming in debt but that doesn't mean they're worried about it. A recent survey from insurance provider Genworth found that although most Australian home owners are among the most indebted in the world they have no problems borrowing more than their means.
ranina sanglap
Jun 09, 2011
As the Australian share market went down for a sixth consecutive trading day, investors went to the New Zealand markets, which rose close to 20 points to 3525.39, a change of about 56 percent.
Christine Gaylican
Jun 08, 2011
Australia's stock market has opened at a modest pace taking on from overnight leads as Wall Street gave up mid-session gains as Federal Reserve chairman Ben Bernanke hinted that further stimulus is required to boost the US economy.
Christine Gaylican
Jun 08, 2011
Weak trading sessions in the US and European markets will likely rebound in local trading on Tuesday. Investors at the Australian Stock market would likely be on the sidelines as there would be some reluctance ahead of the RBA interest rate pronouncement at 2:30PM AEST.
Christine Gaylican
Jun 07, 2011
As world markets ended up disappointingly with a tepid performance on Friday, analysts expect some negativity spreading, but the good market support for the Australian share markets will hopefully hold it up at today's trading day.
Christine Gaylican
Jun 06, 2011
Markets in the Asia-Pacific region have remained quiet at the end of Monday's trading as public holidays in China, Hong Kong, and South Korea have kept only Tokyo's Nikkei and Australia's S&P 500 working until the afternoon.
Christine Gaylican
Jun 06, 2011
Australia has generated fewer jobs in May, according to a survey made by the ANZ Bank, which was reflected in lower job placements posted online or on newspapers.
Christine Gaylican
Jun 06, 2011
Australia's employers led by an industry group and the retailers association have warned of the possible consequences of the minimum wage increase approved by authorities.
Christine Gaylican
Jun 03, 2011
Expect a lacklustre trading today at the Australian stock market because of negative to mixed leads derived from offshore trading overnight.
Christine Gaylican
Jun 03, 2011
Leading manufacturer British American Tobacco Australia (BATA) on Tuesday launched a national media campaign against the Federal Government's proposed plan to impose plain packaging on cigarettes that could harm marketing and sales.
Christine Gaylican
May 18, 2011
The Australian dollar jumped and recovered its four-day loss as an impact of the Reserve Bank's hint that benchmark rates may soon rise up at some point.
Christine Gaylican
May 17, 2011
Australia's Reserve Bank has hinted that higher interest rates maybe inevitable to contain the jump in consumer prices, authorities said.
Christine Gaylican
May 17, 2011
Australian Prime Minister Julia Gillard is walking on tight rope as she pursue both trade and diplomacy issues in China as she meets her counterparts Prime Minister Wen Jiabiao and President Hu Jintao today.
Christine Gaylican
Apr 26, 2011
Asian regional markets are mixed in the last hours of trading in Australia, Singapore, and Japan as investors kept a "wait and see" attitude and bearish sentiments spilled from European and U.S. markets.
Christine Gaylican
Apr 13, 2011
Singapore Exchange Ltd (SGX) has been informed that there is a big possibility that its proposal to $8.4-billion take over the local Australian bourse will be rejected by Australian Treasurer Wayne Swan.
Christine Gaylican
Apr 05, 2011
Dealing with the government and private sector in countries Australia and Singapore were perceived to be the least tainted with corruption, a new survey made by Hong Kong-based Political & Economic Risk Consultancy, Ltd.'s (PERC) latest Asian Intelligence report indicated.
Christine Gaylican
Mar 30, 2011
The cities of Beijing and Chongqing, China have recently issued a rule banning outdoor advertising that tends to promote high-end lifestyles and may trigger social unrest.
Christine Gaylican
Mar 24, 2011
The Australian Parliament has approved the Commonwealth Government's Flood and Cyclone Levy Bill, which has earmarked some $5.6 billion in funds for the reconstruction of severely damaged townships.
Christine Gaylican
Mar 23, 2011
Australia's senator Nick Xenophon has filed a motion today seeking a parliamentary inquiry into the proposed takeover-merger of the ASX Ltd. (ASX) by the Asian bourse Singapore Exchange Ltd.
Christine Gaylican
Mar 23, 2011
The Australian stock market has indefinitely been derailed by its new system, prompting officers to close the market earlier today.
Christine Gaylican
Mar 01, 2011
The Australian Parliament is implored to veer away from its "populist approach on economic and other business policies especially on taxation that have been discouraging to both local businesses and foreign investors alike.
Christine Gaylican
Feb 18, 2011
Eastland Medical Systems Ltd (ASX:EMS) says its non-executive director Michael Stewart remains committed to the company even after disposing 6.67 million shares in the medical products firm just before Christmas.
Sharon Olalia
Jan 04, 2011
The Australian competition watchdog has given the go-ahead to South African-based Aspen Pharmacare Holdings to buy Sigma Pharmaceuticals Ltd (ASX:SIP) pharmaceutical's division for $900 million.
Sharon Olalia
Dec 17, 2010
Sigma Pharmaceuticals (ASX: SIP) says it has now reached formal agreement with Aspen Pharmacare Holdings Ltd group of companies on the terms and conditions of the sale and the ongoing relationship between them. On August 16, 2010, Sigma announced that it had agreed in principle to sell its pharmaceuticals division to Aspen for A$900 million.
Sharon Olalia
Nov 23, 2010
The Australian Competition & Consumer Commission will carefully scrutinise the proposed takeover of ASX Ltd. by Singapore Exchange Ltd.
Christine Gaylican
Nov 11, 2010
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.
Christine Gaylican
Nov 10, 2010
BVN Architecture, one of Australia's largest architectural practices with offices in Brisbane, Sydney, Canberra and Melbourne, won the Health Category award at the World Architecture Festival (WAF) this evening (Wednesday 3 November) in Barcelona for the Youth Mental Health Building at the Brain and Mind Research Institute (BMRI) in Camperdown, Sydney.
Sharon Olalia
Nov 04, 2010
Strativity Group, a leading provider of customer experience services, today announced it has opened an office in Sydney to support growing interest from Australian and New Zealand organisations in adopting customer-centric approaches and proactively managing their customer experiences.
Christine Gaylican
Nov 03, 2010
The Australian stock market is gathering mixed leads in today's trading day as the last-minute decline in the Wall Street trading will have some influence, but analysts are more optimistic.
Christine Gaylican
Nov 02, 2010
A mixed performance of global stocks is seen to create a bearish mood in the Australian stock markets today.
Christine Gaylican
Oct 27, 2010