Tuesday, 16 November 2010
The Reserve Bank of Australia has said it raised the official interest rate earlier this month due to stronger commodity prices and a solid outlook for business investment due to lower global risks, in the latest minutes of its monthly meeting. ...
THE WEEK AHEAD: Investing in volatile times
Monday, 28 June 2010
After beating a retreat in the early months of the year, volatility returned to the sharemarket with a vengeance in May. In the 21 trading days of May, the All Ordinaries either rose or fell by more than one percent on 15 occasions. That was the most volatile ...
Perpetual chief David Deverall steps down, Shares slide: Economy roundup
Wednesday, 23 June 2010
David Deverall has stepped down as managing director of Perpetual, saying the decision to resign has been a difficult one. ...
Suncorp-Metway profit up 41%, Shares slide: Economy Roundup
Wednesday, 24 February 2010
Suncorp-Metway has recorded a 41% increase in net profit to $364 million for the first half of the year, compared to $258 million during the previous corresponding period. ...
Richard Branson’s Virgin Money to offer Australian car insurance
Thursday, 01 October 2009
Just one week after flamboyant British billionaire Richard Branson announced Virgin Money will break through into the Australian market, it has emerged the spin-off company will now offer car insurance products. ...
Ten Network prepares for CanWest sell down, Walker prepared to step down from Fairfax: Economy Roundup
Thursday, 24 September 2009
Ten Network Holdings has been placed in a trading halt as its major shareholder CanWest Global Communications prepares to sell down its 50.1% share. ...
Obama set to reappoint Bernanke, Babcock & Brown to be liquidated: Economy roundup
Tuesday, 25 August 2009
US President Barack Obama is reportedly preparing to appoint Ben Bernanke as chairman of the Federal Reserve for a second term, in an event in Massachusetts. ...
Small business wins case against Suncorp over unjust loan
Friday, 27 March 2009
The typical Australian banker's obsession with bricks and mortar and distrust of cash-flow have been the bane of small business borrowers for decades. ...
Wall Street crashes to 12-year low, Australian shares slide: Economy roundup
Tuesday, 24 February 2009
Global financial markets are bracing for turmoil after the Dow Jones Industrial Average crashed to its lowest point in 12 years. Investor confidence is disappearing as the US economy sinks further into recession and there is growing concerns about the ability ...
Government will negotiate on stimulus package, Rio Tinto in Chinese deal, shares gain ground: Economy roundup
Thursday, 12 February 2009
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. ...
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. ...
Finding the hidden investment value
Tuesday, 03 February 2009
Any investor crawling out of their cave and surveying the wreckage of 2008 would be immediately conscious of one thing - the sharemarket is very cheap. In fact, it is as cheap as it has been for three decades, at about 8.8 times earnings, compared to an historical ...
20 signs of hope for the sharemarket
Monday, 01 December 2008
In the interests of being hopeful rather than hopeless, here are signs of market hope in the shorter term. ...
Billabong is Australia’s hardest working brand
Monday, 16 June 2008
Global surfwear giant Billabong has beaten the likes of Coca-Cola Amatil and Lion Nathan in a new ranking of corporate Australia’s most valuable brands as a share of total enterprise value. With a brand worth just over $1.6 billion, 41% of the company’s value, ...
Credit tsunami reshapes banking & finance sector
Wednesday, 26 March 2008
The SmartCompany Dun & Bradstreet Industry Growth List for the banking and finance sector shows the rampant volatility shaking global credit markets is fundamentally reshaping the landscape, leaving a trail of winners and losers. By MIKE PRESTON ...
Get set for a big sprint to Christmas
Monday, 01 October 2007
Here we are at the end of the first quarter of 2007-08 and we're seeing the benchmark indices, after one solid trading correction, end at record highs led by the ASX20. So what will the second quarter bring in Australian equities? We're heading for a massive ...
General insurers: change or die
Wednesday, 14 February 2007
Poor e-commerce, low innovation and extreme events are just a few of the hurdles the insurance industry has to overcome in the next few years. By IBISWorld’s JASON BAKER. ...
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