BUSINESS

A Boom in Pork Chops

If you need any further evidence that the bulk commodity bubble has burst all over the place, look no further than the actions of the Queensland government. These bozos announced their budget on Tuesday, ratcheting up the royalties on coal production.
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Australian Stock Market Report – Midday 9/14/2012

Overnight there was only one focus for the US markets, the outcome of the Federal Open Market Committee (FOMC) meeting to decide on a new monetary policy. The market is hoping for additional stimulus and that is exactly what it got. The FOMC announced an open ended Quantitative Easing (QE) program focused on purchases up to US$40Billion worth of Mortgage Backed Securities (MBSs) a month. The program will commence tomorrow and can be increased with additional asset purchases if required to try an...

Unions Thumb Down BHP Workplace Agreement Offer

Three unions at BHP Billiton (ASX: BHP) rejected on Thursday the latest workplace agreement offered by the giant miner. The unions want changes to the offer before they submit the deal for a vote to their 3,000 members assigned at BHP's coking coal mines in northeastern Australia.

Australian Stock Market Report – Afternoon 9/13/2012

The Australian sharemarket lost a little ground for the second time this week, with the All Ordinaries Index (XAO) easing by 0.5 pct or 23.3 pts to 4359.8. Despite the pullback, investors seemed uninterested with equities as there was only $3.3 billion worth of shares that exchanged hands. This is around 30 pct less than last Thursday's trade volume. Yesterday, the XAO improved by 0.8 pct.

Nintendo Poised to Unwrap More Wii U Details

Add Nintendo’s Wii U to your holiday gadget shopping list this December as the new game console is likely to hit the global market at around the same time that new tech toys were slated to fiercely compete for consumers’ attention.

Australian Stock Market Report – Midday 9/13/2012

Today the market has reversed yesterday's strong run, positive news out of Europe was not enough to keep the momentum from continuing ahead of the outcome from the US Federal Reserve tonight. Overnight the German Constitutional Court formally approved The European Stability Mechanism (ESM), paving the way for the Eurozone's permanent rescue fund to come into operation. While a positive decision had been expected the euro markets and currencies rose. The UK market was a little weaker even w...

SEO Tips For Real Estate Agents

Having worked as an SEO consultant for many years, i first got into the game doing SEO work for many of Victoria's real estate agents.

Rudi's Response: JB Hi-Fi Is A Maturing Business

Every so now and then FNArena receives a question that is worthwhile sharing with a broader audience. This week's question from subscriber John from Altona Meadows, Victoria about JB Hi-Fi ((JBH)) qualifies in our view.

Hyundai Motor and Labor Union Reach Deal That Ends Strike

The Hyundai Motor's labor union has voted to approve a revised wage and working-conditions deal, ending strike that had hurt sales at South Korea's biggest car maker. The strike at Hyundai Motor is said to be the costliest one in the company's history.

The Mining Boom Is Not Over

This story was originally published on 6 September 2012. It has now been re-published to make it available to an audience beyond paying subscribers at FNArena.

To the Barricades!

Is today Big Wednesday? Well, if you had to pick a day when the market could blow out - in either direction - you could do worse than today.

Olympic Team in Hot Water

Australia's Olympic swim team is now in submerged in hot water after a panel was requested to be established to review the team's lackluster performance in the recently concluded 2012 London Olympics in August.

Australian Stock Market Report – Afternoon 9/12/2012

The Australian sharemarket improved for the second time this week today and ended close to the daily highs. The All Ordinaries Index (XAO) rose 0.8 pct or 34.8 pts to 4383.1, with almost all sectors closing in the black.

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