Asciano
News and interviews on Asciano including trends, features, blogs and community conversations from an Australian business perspective.
Strike action threatens Christmas trading as calls grow for review of workplace laws
Monday, 06 December 2010
Fears are growing that industrial unrest in the transport sector could have an impact on Christmas trading, with a transport union push for better pay and conditions expected to lead to strike action.  ...
The self-made way to millions
Monday, 15 November 2010
Want to know how to become a self-made rich list member? Sell your business, start investing and be patient.  ...
ANZ profit rises 53%, Senate to conduct banking inquiry: Economy roundup
Thursday, 28 October 2010
ANZ has recorded a cash profit of $5.13 billion for the year to 30 September, up from $3.38 billion during the previous corresponding period, the company announced today.  ...
Building approvals fall 4.7% during August, Shares slip: Economy Roundup
Thursday, 30 September 2010
Building approvals fell by a seasonally adjusted 4.7% during August, according to the latest figures from the Australian Bureau of Statistics.  ...
Commonwealth Bank describes 2011 outlook as uncertain: Economy Roundup
Friday, 17 September 2010
Commonwealth Bank chairman David Turner has said in the company's annual report the outlook for 2011 is uncertain and that universal banking regulations will only increase costs.  ...
Fairfax Media names new directors, Trade surplus falls: Economy Roundup
Thursday, 02 September 2010
Fairfax Media has now named former Austereo chief executive Michael Anderson, and former Fairfax executive Gregory Hywood, as the company's two new directors.  ...
Company profits up 19%, Shares jump 2% on US stimulus hopes: Economy Roundup
Monday, 30 August 2010
Gross operating profits increased by a seasonally adjusted 18.9% during the June quarter, according to the latest business indicators released by the Australian Bureau of Statistics.  ...
Seven Group Holdings net profit up to $718 million, Facebook valuation surges: Economy Roundup
Wednesday, 25 August 2010
Seven Group Holdings has recorded a $718 million net profit for the two months to 30 June, saying the company is set for some solid growth over the next year.  ...
Shares fall to eight-month low, David Jones sales rise: Economy Roundup
Wednesday, 19 May 2010
The Australian sharemarket has opened to an eight-month low this morning, dragged down by negative results from Europe and Wall Street where investors are still spooked over debt fears in Europe.    ...
Global stocks rally as new bailout plan announced: Economy Roundup
Tuesday, 11 May 2010
Stocks on Wall Street and European markets have rallied on news of a rescue plan for Greece. The bailout sent the Dow Jones Industrial Average up a massive 404 points or 3.9% to 10,785.14 – the biggest one-day gain in over 12 months.  ...
Rudd flags tax cuts in Henry Review: Economy Roundup
Thursday, 29 April 2010
Prime Minister Kevin Rudd has flagged the possibility of tax cuts to be included in the Government's response to the Henry Review, due on Sunday after an 18-month wait.  ...
THE WEEK AHEAD: Is business investing again?
Monday, 22 February 2010
The International Monetary Fund (IMF) hasn't had a great track record of late. The IMF didn't foresee the US financial crisis. Then it became far too gloomy with its forecasts on global growth, downplaying the strength in the Asian region. And then the IMF ...
Retail trade lower than 2008: Economy Roundup
Wednesday, 23 December 2009
Retailers are now trading at lower values than the corresponding period in 2008, according to new figures released by the Australian Retailer's Association.  ...
Top Jobs
Friday, 06 November 2009
It's pretty hard to argue with the Fortune magazine's decision to chose Apple boss and all-round technology visionary Steve Jobs as its CEO of the decade.  ...
Housing affordability continues to fall, Qantas defends executive pay: Economy Roundup
Thursday, 22 October 2009
Housing affordability has once again continued to worsen due to higher interest rates and the rolling back of government grants, according to new figures from the Housing Industry Association.  ...
THE WEEK AHEAD: Australia’s great currency challenge
Monday, 19 October 2009
The Aussie dollar evokes different emotions and reactions from consumers, investors and businesses. For consumers the high level of the currency is viewed positively, the perception being that it will translate to cheaper international travel and cheaper imported ...
Gorgon LNG project given government approval, Seven Network profit plunges: Economy roundup
Wednesday, 26 August 2009
Federal environment minister Peter Garrett has authorised the multi-billion dollar Gorgon LNG project, which will create 6,000 jobs at its peak in an expansion of liquefied natural gas across Australia.  ...
THE WEEK AHEAD: Will business investment rise?
Monday, 24 August 2009
There is one stand out event in the coming week, namely the June quarter business investment figures, released on Thursday. Apart from that key indicator it is a rather tame affair on the economic calendar with car sales data released on Monday and construction ...
Shares jump 2%, ACCC investigates Coles and Woolworths’ big fuel discounts: Economy roundup
Tuesday, 14 July 2009
The Australian share market has recorded a solid start to the day, opening 2% higher after positive leads from Wall Street due to comments from analysts indicating strong results for major banks.  ...
NAB buys Aviva’s wealth management business, shares flat: Economy roundup
Monday, 22 June 2009
National Australia Bank has agreed to buy British insurance group Aviva's Australian insurance and wealth management business for $825 million.  ...


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