Elders
News and interviews on Elders including trends, features, blogs and community conversations from an Australian business perspective.
Lending rises 3.5% in September, Commonwealth Bank posts big first-quarter profit: Economy RoundupMonday, 15 November 2010
The value of total personal finance commitments rose by a seasonally adjusted 3.5% in September to $7.6 billion, according to the latest figures from the Australian Bureau of Statistics. ...
Australia's economy looks ready to take off: Gottliebsen
Tuesday, 26 October 2010
When an economy turns upwards, the first sign usually comes from the stock market, which rallies strongly. Then you see a series of anecdotal signs before all the figures come together and there is a lift in overall growth rates. ...
Mining services rich lister Kevin Maloney eyes $340 million payday
Monday, 18 October 2010
Rich list member Kevin Maloney and his family are about to prove that you don't need to dig things out of the ground to make a fortune from mining. ...
The hedge fund guru's next move
Monday, 20 September 2010
There aren't many Australian investors who can move a market like Phil Mathews, the elusive hedge fund manager who owns Mathews Capital Partners. ...
Lawyers, duds and money
Friday, 03 September 2010
It is only a few years since Doug Rathbone, chief executive and major shareholder of chemicals giant Nufarm, seemed headed for the rarefied air of Australia's billionaire club. ...
The Independents will herald a return to rural power: Gottliebsen
Tuesday, 24 August 2010
Prepare for an Australia that we have not seen since the 1950s and 1960s when Sir John 'Black Jack' McEwen dominated so many areas of government under the prime-ministerships of Menzies, Holt and Gorton. ...
ANZ quarterly profit up 37% to $1.3 billion, Billabong profit falls: Economy Roundup
Friday, 20 August 2010
ANZ has delivered a 37% profit increase in the June quarter to $1.3 billion, although the company says it is still cautious about the "uncertainty" about the global economic outlook. ...
NAB still in talks with AXA, Wall Street reform bill passed: Economy Roundup
Friday, 16 July 2010
National Australia Bank remains in talks with AXA Asia Pacific Holdings, along with French parent group SA, in order to extend a $13.3 billion agreement to meet regulatory concerns. ...
Job ads rise during June: Economy Roundup
Monday, 05 July 2010
The number of job advertisements published during June rose by 2.7%, according to the latest ANZ Job Advertisements Series, to a seasonally adjusted average of 169,690 per week. ...
Residential construction to stall in 2011: Economy Roundup
Monday, 28 June 2010
Residential construction will stall in 2011, according to new figures published by the Housing Industry Association. ...
Two million ANZ customers hit by banking glitch: Economy Roundup
Tuesday, 22 June 2010
Online banking services at ANZ were interrupted this morning due to a glitch that affected nearly two million customers. ...
John Hewson and other directors of collapsed investment company Elderslie face $18 million claim
Tuesday, 15 June 2010
The liquidator of collapsed investment company Elderslie Finance will launch an $18 million legal claim in the Federal Court in Sydney in the coming weeks against the company's directors, including former Liberal leader John Hewson. ...
Shares slump 2% on European debt fears: Economy Roundup
Monday, 17 May 2010
The Australian sharemarket has slumped 2% this morning, following weak leads from Wall Street last week as investors' fears over European debt problems resurfaced. ...
Another forestry company collapses
Thursday, 15 April 2010
ASX-listed forestry company Forest Enterprises has been forced into administration by its lenders, Commonwealth Bank and ANZ, as the Australian forestry sector continues to fight for survival. ...
THE WEEK AHEAD: Waiting for an RBA lead
Monday, 22 March 2010
The first quarter of 2010 is almost over. Scary, isn't it, with Easter fast approaching? But it is an opportune time to take stock. And the biggest change this year compared with 2009 is the reduction in volatility. The healing process is well underway on global ...
Former Elderslie Finance owner Peter George declared bankrupt
Wednesday, 03 February 2010
The founder of collapsed financial services company Elderslie Finance, Peter George, has filed for personal bankruptcy with debts of $10 million. ...
Top 10 jobs of 2010 and beyond
Wednesday, 13 January 2010
With IBISWorld predicting 2010 will be a boom year for Australian business, and that the next five years will see significant economic growth, opportunities for university graduates are set to grow as companies seek to invest in talented staff. ...
Breville rejects GUD takeover, Tanner flags harsh budget cuts: Economy Roundup
Monday, 16 November 2009
Electrical appliance maker Breville has rejected a takeover offer from GUD, saying a report given to the company analysing the offer has found it is too low. ...
Ken Henry warns against winding back stimulus, Telstra shareholder anger grows: Economy Roundup
Friday, 09 October 2009
Treasury Secretary Ken Henry has said before a Senate inquiry into the Rudd Government's stimulus package that he remains cautious about the economy, and that winding back stimulus could cost jobs. ...
Housing prices up 1.9%, retail sales increase, Wall Street falls after consumer confidence declines: Economy Roundup
Wednesday, 30 September 2009
Housing prices have risen to their highest point during August since 2005, according to the latest figures from the RP Data-Rismark monthly index. ...
