THE NEWS WRAP: Australian shares expected to rally today
Sunday, August 14, 2011/
Australian shares are expected to rally today following an encouraging end to a turbulent week in the European and US markets.
US stocks ended higher on Friday following a rough week in which fears over the American economy and the Eurozone debt crisis wiped billions of dollars off the value of shares.
It’s expected that the recovery will lead to a 1% rise in Australian shares when the market opens this morning.
WA premier in Sunday opening pledge
WA premier Colin Barnett has promised to allow stores in Perth trade on Sundays if he is re-elected in 2013.
Barnett said that there was “strong community support” for allowing shops to open between 11am and 5pm on Sundays. However, the move is opposed by the WA Nationals, which form a coalition with Barnett’s Liberal party, as well as Labor.
Scammers turning to social media
Scammers are increasingly using social media to defraud consumers and businesses, the South Australian consumer affairs minister has warned.
Gail Gago said that fraudsters are using more sophisticated methods to con people, such as offering non-existent goods via social media sites in order to obtain money or personal information.
The Dow Jones Industrial Average recovered by 125.71 points to 11,269.02. The Australian dollar was up to 103.69 US cents.
Be honest about your situation: How vulnerability helps businesses thrive Sue Parker DARE Group founder
Own it: The 10 things you need to do to manage your personal brand Lisa Stephenson Who Am I Projects founder
Six invaluable lessons: What 20 years in aged care taught me about being an entrepreneur Natasha Chadwick NewDirection Care founder
An entrepreneurial superpower: Eight tips to help develop resilience Adala Bolto ZADI Training co-founder
Going through a lull? Five areas you should invest in when sales drop Tamara Alaveras and Sonia Majkic 3 Phase Marketing co-founders
Pet-food lickers and changing-room strippers: Why you’ll never sell to people you don’t understand Ian Whitworth Scene Change co-founder
Blandification™ and the state of modern branding Jeffrey Oley The Offices co-founder
Why you should find the right role for the right person — not the other way around Bruce Stronge Outfit founder