BUSINESS

Australians Opt for Wine as Beer Consumption Dips to 66-Year Low

With Tourism Australia pushing for Australian wine and food through the Restaurant Australia campaign and official government statistical data confirming more wine exports to China, it is little wonder that beer drinking in the country down under is going down.

You Can’t Cover Up Bad Monetary Policy

I was in Uruguay and then Buenos Aires, Argentina, last week. I met with a variety of interesting people on my trip. One of them is a guy who writes a blog from Buenos Aires, OfWealth.com, under the pen name 'Marco Polo'.
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Get Ready for an S&P Market Meltdown

It was a relatively quiet day on the stock market. The S&P500 backed off a little, but it's had a pretty good run lately. We've been telling our subscribers that the market is set up for either a meltdown or a melt-up. We're sitting in the meltdown camp.

Yellen at Stocks to Go Up

Big moves happened overnight. In fact, if you go by betting website Paddy Power's numbers, the moves were so big they had to shut down the entire market.

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.

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