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Barack Obama
News and interviews on Barack Obama including trends, features, blogs and community conversations from an Australian business perspective.
RBA has room to cut rates again, shares gain ground: Economy roundup
RBA's decision to leave interest rates unchanged will leave it room to consider further cuts later in the year.
Justifiable optimism
There is widespread acceptance that it is this sector that creates the bulk of new jobs for people dropped by the big guys.
NAB slashes dividend, executive pay cuts at GM Holden, China's exports slump: Economy roundup
Australian investors have had a nervous morning following the shock news that the unemployment rate has jumped to 5.2%.
Europe too complacent, US too scared, Australia in trouble: Kohler
The Obama Administration does not seem to know what to do about the banks.
Buffet says economy has "fallen of a cliff"
Legendary investor Warren Buffett has declared the United States economy has fallen off a cliff
US downturn gets worse, shares gain group: Economy roundup
The downturn keeps getting worse in the United State
Why the Australian dollar is set to fall further: Kohler
The Australian dollar already looks overvalued relative to commodity prices.
Service sector shrinks, shares fall again: Economy roundup
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.
The video version of Twitter
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.
Obama unveils big-spending budget, shares lose ground, Woolworths' big profit: Economy roundup
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.
Shares fall more than 2%, Obama promises to halve US deficit: Economy roundup
It's been an ugly start to the week for investors, with the Australian sharemarket dropping more than 2%.
Who is Australia's most powerful billionaire?
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.
SMEs still doing better than big companies, shares rise, Obama's housing plan: Economy roundup
Conditions for Australian SMEs continued to deteriorate in the final quarter of 2008, but smaller companies are still fairing better than larger companies.
Economic indicator points to recession, shares drop, retail sales worse than expected: Economy roundup
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.
Obama’s web wizard to help Rudd
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.
Company directors call for rethink on pay and bonuses
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.
Government will negotiate on stimulus package, Rio Tinto in Chinese deal, shares gain ground: Economy roundup
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.
Consumer confidence slumps, more rate cuts on the way, shares down after Wall Street fall: Economy roundup
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.
Australia will struggle for years to get back to budget surplus after stimulus package: Kohler
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 ads fall again, Coke rejects Lion Nathan deal, shares gain ground: Economy roundup
Job advertisements fell by 6.3% in January, heightening fears that unemployment is set to jump sharply.
