Friday, 19 November 2010
Telco giant Telstra has reaffirmed its full-year guidance, but says despite a lift in consumer numbers its earnings growth will fall in the first half of the year. ...
Placing clamps on the banks could hurt the property market: Gottliebsen
Friday, 19 November 2010
I am not sure that the chairman of Bendigo and Adelaide Bank, Rob Johanson, fully grasped the power and potential impact of the words he used in his KGB interview. ...
New ATO small business benchmarks for cash sales
Thursday, 18 November 2010
The cash economy has been a major focus of the ATO for years – and a major focus for tax administrations in other countries as well. Australia is not alone here. ...
Credit-starved SMEs turn to debtor finance to fund growth
Thursday, 16 September 2010
SMEs who are unable to get traditional funding from banks are turning to debtor finance in increasing numbers to fund expansion opportunities, an industry leader says. ...
Job ads rise to 18-month high, Housing loans fall again: Economy Roundup
Monday, 09 August 2010
Job advertisements have grown to an 18-month high during July, with newspaper ads beginning to increase after three consecutive months of decline, the latest ANZ monthly survey reveals. ...
THE BIG PICTURE: Deciphering deflation
Monday, 09 August 2010
The 'hot button' issue on global financial markets is deflation, or falling prices. This issue has been brewing for some time with a rash of retailers and consumer-product manufacturers forced to trim prices. But the issue has been given another kick along ...
Mark Forsyth
Wednesday, 21 April 2010
Mortgage and financial services distribution company Firstfolio is one of the fastest-growing players in the Australian mortgage market. The back-end service provider has grown its managed mortgages from $1 billion to more about $20 million in the last three ...
Australian Industry Group calls for $12 boost to minimum wage: Economy Roundup
Friday, 19 March 2010
The Australian Industry Group has called for Fair Work to take a cautious approach in adjusting the minimum wage, saying the ability of businesses to hire could be affected. ...
Housing finance falls 4.7% in December, IMF calls for higher inflation target: Economy Roundup
Monday, 15 February 2010
The total value of owner occupied housing commitments, excluding alterations and additions, fell by a seasonally adjusted 4.7% to $15.5 billion during December, according to the latest figures from the Australian Bureau of Statistics. ...
THE WEEK AHEAD: Spotlight on the RBA
Monday, 15 February 2010
With all the focus on debt and deficits run up by countries across the globe, it is pleasing that Australia's name hasn't been brought up. In fact, if Australia has been mentioned in despatches, it has merely been to contrast the strength of our position compared ...
Current account deficit jumps, Bernanke cautious on US recovery: Economy Roundup
Tuesday, 08 December 2009
The current national account deficit has risen by a seasonally adjusted 23% to $16.1 billion during the September quarter, according to the latest figures from the Australian Bureau of Statistics. ...
Nathan Rees set to face leadership challenge, retail sales up 0.3%: Economy roundup
Thursday, 03 December 2009
New South Wales premier Nathan Rees has said he may not hold his position by the end of the day, but intends to improve his performance despite the challenge. ...
Rio Tinto shares fall on Chinese spying accusations, Housing finance rises: Economy Roundup
Monday, 10 August 2009
Rio Tinto shares have fallen 1.5% to $59.65 this morning after China accused the company of spying on Chinese corporations for about six years, costing its steel mills $122 billion. ...
Retail sales drop 1.4%, House price index jumps 4.2%: Economy roundup
Tuesday, 04 August 2009
New data from the Australian Bureau shows retail sales dropped by a seasonally adjusted 1.4% during June, following consecutive 1% increases during May and April. ...
RBA director questions stimulus packages, Shares flat: Economy roundup
Tuesday, 26 May 2009
Reserve Bank of Australia director Warwick McKibbin has said that government stimulus measures used to boost the economy may be fuelled by political agendas. ...
Government payments start flowing, inflation tipped to fall, shares gain ground: Economy roundup
Monday, 06 April 2009
The Government will start rolling out payments of up to $900 to taxpayers as part of its $42 billion stimulus package, but the message from officials is; be patient. ...
ANZ tops bank customer service ratings
Wednesday, 25 March 2009
ANZ has been named as the bank with the most satisfied customers by financial services research firm Canstar Cannex. ...
Japan’s economy in freefall, shares slide: Economy roundup
Monday, 16 February 2009
The bad news engulfing Australia’s trading partners continues, with new data revealing Japan’s economy, the second-largest in the world, contracted by 3.3% in the fourth quarter, the biggest drop since 1974. ...
Struggle for survival reshapes the banking and finance sector
Wednesday, 11 February 2009
The SmartCompany Dun & Bradstreet Industry Growth List for the banking and finance sector, while revealing an industry reeling from the global crisis, has also uncovered the successful fallback tactic of finding a niche and making it your own. ...
Car industry gets early Christmas present, shares slide again: economy Roundup
Tuesday, 23 December 2008
Australia’s beleaguered car industry has received an early Christmas present, with GM Holden announcing it will build a four cylinder small car at its Adelaide plant from 2010. ...
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