BUSINESS

Australian Stock Market Report – Afternoon 9/18/13

At the close, the All Ordinaries Index (XAO) eased by 0.3 per cent ahead of the Federal Reserve's statement on monetary policy tomorrow morning. The two biggest sectors of the Australian market (the miners and financials) headed in opposite directions and played a balancing role for local equities.

Australia: Record Value of Farm Production Expected

In some good news for the agriculture sector in Australia, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) says the country’s gross value of farm production is expected to achieve a record of $49 billion in 2013-14.

Australian Stock Market Report – Midday 9/18/13

Investors are sitting on the sidelines ahead of tomorrow morning's US central bank update on its stimulus strategy. The All Ordinaries Index (XAO) is down 0.3 per cent, however still is hovering around five-year highs. Local stocks have improved over seven of the past eight sessions. Global markets moved negligibly overnight and interrupted trade in the region is also keeping a lid on trade.
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Drop Dividend Stocks? Never!

By Peter Switzer, Switzer Super ReportCall me old fashioned but I love the 7% plus play and I always think of this when, like now, a lot of experts are talking about "rotation".

Australian Stock Market Report – Afternoon 9/17/13

Local shares edged higher today, to make it seven wins in eight trading sessions. The All Ordinaries Index (XAO) improved by a modest 0.1 per cent, hitting a fresh five-year high. The ASX200 index has now closed above 5200pts for six trading sessions (June 2008 was the last time this happened).

Ex-Vatican Prelate Confirms Handling Secret Financial Accounts – Report

Monsignor Nunzio Scarano, a suspended Vatican official who was arrested in June on money-laundering charges, told prosecutors that his office, the Administration of the Patrimony of the Apostolic See (APSA), has handled and provided financial services for outside clients.

Uranium Buying Interest Emerging

By Greg PeelUranium market participants gathered in London last week for the World Nuclear Association Annual Symposium and it appears, as is often the case when industry colleagues get together to gee each other up, that some buying interest emerged as a result.

Vodafone Australia Taps Twerking Craze in New TV Advert

Mobile phone services provider Vodafone Australia just launched a new TV commercial titled Kidult that features the latest craze of twerking made popular by former Hannah Montana star, Miley Cyrus.

Australian Stock Market Report – Midday 9/16/13

Australian shares are improving for the sixth time in seven sessions, with the All Ordinaries Index (XAO) edging higher by 0.6 per cent at lunch. Former treasury secretary, Larry Summers has withdrawn from the race to head the US central bank this morning.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

American Empire of Debt

Our 'Crash Alert' flag warns of a crash in US stocks. Readers are advised to proceed with caution.

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