News and interviews on Barack Obama including trends, features, blogs and community conversations from an Australian business perspective.
Tuesday, 17 March 2009
RBA's decision to leave interest rates unchanged will leave it room to consider further cuts later in the year.
Friday, 13 March 2009
There is widespread acceptance that it is this sector that creates the bulk of new jobs for people dropped by the big guys.
Thursday, 12 March 2009
Australian investors have had a nervous morning following the shock news that the unemployment rate has jumped to 5.2%.
Tuesday, 10 March 2009
The Obama Administration does not seem to know what to do about the banks.
Legendary investor Warren Buffett has declared the United States economy has fallen off a cliff
Monday, 09 March 2009
The downturn keeps getting worse in the United State
Friday, 06 March 2009
The Australian dollar already looks overvalued relative to commodity prices.
Wednesday, 04 March 2009
As news breaks that Australia has suffered its first quarter of negative GDP growth in eight years, there is more bad news from the services sector, which saw its 11th consecutive fall in activity in March.
Friday, 27 February 2009
new internet site focused on sharing moments of people's lives in 12 second video clips is starting to gain massive popularity, and is being compared to social networking site Twitter.
President Barack Obama's first budget as US President will see the country's deficit rise to a staggering $US1.75 trillion, amounting to 12.3% of GDP.
Monday, 23 February 2009
It's been an ugly start to the week for investors, with the Australian sharemarket dropping more than 2%.
Friday, 20 February 2009
Having piles of money is one thing, but having real power is not hard-wired into the DNA of the mega-rich. We sort the truly powerful from the mere filthy rich.
Thursday, 19 February 2009
Conditions for Australian SMEs continued to deteriorate in the final quarter of 2008, but smaller companies are still fairing better than larger companies.
Wednesday, 18 February 2009
Australia's economy is headed for recession, according to the Westpac-Melbourne Institute Leading Index, which predicts the likely pace of economic activity three to nine months in the future. The index fell 1.2% in December, and Westpac's senior economist Matthew Hassan says the result may indicate an Australian recession is still to come.
Monday, 16 February 2009
The man who helped Barack Obama develop his online donation campaign is set to advise the Rudd Government about how it can use the internet to engage voters.
Thursday, 12 February 2009
The Australian Institute of Company Directors has released a new set of voluntary guidelines on executive pay, calling for a rethink on bonuses and termination payments.
The Federal Government will accept some changes to its $42 billion stimulus package so it can pass the legislation through the Senate, Superannuation Minister Nick Sherry said today.
Wednesday, 11 February 2009
The depth of fear out in consumer land was highlighted today by new data showing consumer sentiment fell by 4.6% in February as the economic crisis worsened.
Monday, 09 February 2009
The managing director of the IMF, Dominique Strauss-Kahn, might come to regret letting the political big spenders off the leash when he said in December that fiscal stimulus of at least 2% of global GDP was justified.
Job advertisements fell by 6.3% in January, heightening fears that unemployment is set to jump sharply.