BUSINESS

Greater Risk is Reason for Higher Small Business Loan Interest Rate

A comparison website noted the growing gap of rates between small business loans and residential mortgages. When banks pass on Tuesday the Reserve Bank of Australia (RBA) overnight cash rate cut to small businesses, the average rates for secured loans would have gone down by 100 basis points to 7.53 per cent.

Australian Stock Market Report – Midday 6/18/2012

The local share market has staged a relief rally on news Greece appears set to remain in the Eurozone. The pro-bailout New Democracy party claimed victory this morning and appears likely to form a government, sparking a buying frenzy across Asia as investors pick up assets which have been heavily battered over the past month. At lunchtime in the East, the All Ordinaries Index (XAO) is up 55.9pts or 1.4pct to 4162.9.

Why You Should Have Become a Property Investor

Thank you to readers for their feedback to Monday's Daily Reckoning. We were expecting some outraged hate mail at our scepticism. Instead it was only thoughtful and often sad stories from people who had to personally experience the issues we raved about.
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Australian Stock Market Report – Midday 6/15/2012

After a shaky start the Australian share market is gaining some traction at lunchtime in the East, on the back of a strong rise on Wall Street. Markets there rose on news that major central banks are preparing for controlled action if the Greek elections being held this weekend result in financial market turmoil. After two hours of trade, the All Ordinaries Index (XAO) is up 14pts or 0.3pct to 4103.8.

Nokia Plans to Trim Workforce, Beef Up Product Lines to Stem Losses

Problems continue to haunt Nokia as the Finnish mobile phone giant said on Thursday that its June quarter results may not be too pleasing to investors, who were rattled enough in the previous periods as the once mighty global phone maker gradually loses its market leadership.

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

Gina Rinehart on a Fairfax Share Buying Spree

Despite her busy schedule attending court hearings on legal disputes with her three estranged adult children and the heirs of her father's former business partner, Australia's richest woman Gina Rinehart geared herself for another battle.

Trading Psychological Whole Numbers

By James Stanley, Trading Instructor, FXCMThere are many different ways of looking at support and resistance, with few as compelling as the study of 'psychological whole numbers.

2012 Apple MacBook Pro with Retina Display Review

The recently released 2012 Apple MacBook Pro with Retina Display is considered as one of the best MacBook by Apple. In order to determine if this is true, an in-depth review about this MacBook model is in order.

Mass Effect 3 Ending and Extended Cut

Mass Effect 3 has long been in the market (approximately 3 months old) but even if it is already been out for quite sometime, the news about the ending of Mass Effect 3 and its extended cut.

Samsung's Galaxy SIII Will Enter the U.S. Market After All

The smartphone Galaxy SIII, Samsung's newest flagship mobile handset, could actually hit U.S. stores by next week without the South Korean tech giant lifting a finger to counter Apple's application for an injunction against the product.

Australian Stock Market Report – Midday 6/14/2012

The Australian share market is sharply lower in early trade, following losses on US and European markets overnight. Investors appear to be shying away from risk ahead of the upcoming Greek elections, which could determine if the country remains in the Eurozone. At lunchtime in the East, the All Ordinaries Index (XAO) is down 27.4pts or 0.7pct to 4084.1.

Dell Discloses Consolidation Plans to Save $2B by 2015

Giant computer maker Dell has revealed plans to re-adjust its core operations that it hopes would lead to substantial savings, following the path of its chief rival, Hewlett-Packard (HP), which announced last month impending measures that would save the firm billions over the next two years.

Top 5 New Features for Apple's iOS 6

Apple had just announced the company's OS called the iOS 6 in the recently concluded 2012 WWDC. The iOS 6 is said to bring about at least 200 features once it has been released in the market. The beta version was also released during the 2012 WWDC and it will ve officially released to the public by fall.

Apple's New MacBook Pro 2012: Now Available in Australia

Many people all over the world were anticipating the release of Apple's New MacBook Pro 2012 line ever since it was introduced during the WWDC 2012. Philip Schiller, the head of Marketing for Apple stated that shipping for the new MacBook Pro 2012 would immediately start in all parts of the globe including Australia.

Apple's iOS 6 Update for All iPhone, iPad, and iTouch Models?

Apple had just revealed its latest OS version which is iOS 6 during the 2012 Worldwide Developers Conference (WWDC). This version is said to bring about a whole new experience for Apple users. Though that is the case, not all Apple devices will be receiving this all-important version.

Android 4.0 Update for Motorola in Australia: Coming Soon

The update for Android 4.0 or Android ICS is something that Android users have been expecting ever since it was announced to the public. In line with this, Motorola announced that most of their devices would receive the Anroid ICS update soon-depending on the device and location.

RBA Seeks to Limit Credit Card Surcharge

After chopping the overnight cash rate by 50 basis points last week, the Reserve Bank of Australia (RBA) has trained its sight this time on credit card surcharges imposed by merchants.

Sydney is World’s 11th Most Expensive City

The strong Australian dollar caused Sydney and five other Aussie cities to have major boosts in their ranking of the world's most expensive cities for expatriates. Based on the 2012 Mercer Worldwide Cost of Living Survey released on Wednesday, Sydney was the 11th city with the highest cost of living.

Apple's Mac OS X Mountain Lion FAQs: Stunning New Features

Apple announced during the recently concluded WWDC 2012 the arrival of their next version of Mac OS X which is also known as Mac OS X Mountain Lion. This new version would supposedly introduce additional features and specifications which would help Mac users all over the world.

The Bar Was Set High by the New MacBook Pro, the Sticker Price Too

The world was too focused on getting a glimpse of the new iOS 6 that Apple unveiled on Monday at the Worldwide Developers Conference staged in San Francisco, California that it almost overlooked the upgrades that the tech titan had unleashed for the MacBook Pro lines.

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