Aussies can Share Donor Status with Friends in Facebook
Facebook users in Australia can now share their donor status with their friends due to the feature introduced by the social networking site.
Samsung Galaxy S II vs. Samsung Galaxy S III: To Upgrade or Not to Upgrade?
Samsung finally unveiled the Samsung Galaxy S III, the follow up to the company's successful Samsung Galaxy S II. The release of the smartphone was met with enthusiasm as many users were impressed by the features and specifications of Samsung Galaxy S III. This leads us to the big question: To Upgrade or Not to Upgrade?
Australia’s Richest Man Argues With Richest Woman on Use of Foreign Workers
Although two of the richest persons in Australia often agree to oppose certain government policies such as the mining tax and the carbon tax, Andrew Forrest and Gina Rinehart are on the opposite sides when it comes to employment of foreign workers.
Australian Beef Industry Forecasts 30 Million Head Herd in 2012
The future is still bright for Australia beef industry. According to a report released on Monday at the Beef Australia 2012 summit, the country's cattle herd is expected to reach 30 million heads this year. It would be the peak since the 1970s.
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Cruze Powers Up GM Holden’s 2011 $89.7M Profits
The worst appears to be behind GM Holden, for now, as the carmaker reported on Monday $89.7 million in profits for 2011, largely boosted by the total number of Cruze that hit Australian roads since last year.
Private Survey Underscores Near 2-Year Contraction in Building Activity
The latest building activity data confirmed the warning issued last week by the Australian central bank - that the local housing sector will not be geared to recovery mode, at least in the near term.
The Most Boring Gold Market Ever?
By Ben Traynor, BullionVaultWe've just had the quietest 40 days since the financial crisis began.
Understanding Inflation For Currency Trading
By Benjamin Spier, FXCMInflation is one of the most important gauges for a currency trader to track, yet one of the more confusing pieces of data.
How a Cashless Society Promotes Tyranny
In yesterday's Daily Reckoning we left off with the idea that a cashless society promotes tyranny. That might seem like an odd subject to begin with today, given the show-stopping 50 basis point cut in the cash rate by the Reserve Bank of Australia (RBA) yesterday.
Buy a House Now for Capital Gains and Income
On Thursday we predicted doom and gloom for the Australian housing market. More doom and gloom than we've seen already.
Thousands of UK Public Officials Benefited from 'Controversial Pay Deal Scheme'
More than 2,000 senior public officials in the United Kingdom may have benefitted from a controversial pay deal scheme.
Westpac Keeps 13 Basis Points, Reduces Variable Home Loan Rates by 37 Points
Westpac Banking Corporation announced on Friday that it will cut its variable home loan rates by 37 points, in the process keeping 13 points for the bank. However, the bank passed in full the cut in interest rate to business loans.
Jobless Rate in Victoria Almost 5.8%
Victoria's unemployment rate of almost 5.8 per cent is expected to worsen as hundreds of workers in the Australian state lose their work.
Snap, Crackle, Pop…Crunch? Kellogg’s Adds Pringles to Their Mostly-Cereal Portfolio
Kellogg's plans to sweeten its' brand offering with a touch of salt in 2012. Their newest property is the recently purchased Pringles flagship, and the buy represents Kellogg's effort to chip away at the growing international snacks market.
Qantas Ramps Up Cost-Saving Measures, Pushes Back Plane Procurements
No new planes will be added to Qantas Airways' existing fleet as the company embarked on saving measures that will push back the scheduled deliveries of eight Airbus A380s to 2019 at the latest.
Australians Drink Less Alcohol, More Spirits
Australians continue to show a change in their drinking preference as they drank less alcoholic drinks and beer, and more of spirits.
Vodafone, Optus to Jointly Build 500 New Mobile Phone Stations
Telecom competitors Vodafone and Optus have agreed to a joint venture project to build 500 more new mobile phone stations in the next four years to address network problems.
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.
Westpac Reports $3 B H1 Net Profit but Uncertain of Rate Cuts
Westpac Banking Corporation reported on Thursday first-half net profit of $3.07 billion for the six months to March 31. While it is a 25 per cent decline compared to the same period a year ago, the slump was mainly due to a one-off tax consolidation following Westpac's purchase of St George.
Global Markets Overview - 05/04/2012
U.S. stocks fell as a disappointing reading on services-sector activity tempered sentiment on the eve of the government's employment report.
The Overnight Report: Not In Service
By Greg PeelThe Dow closed down 62 points or 0.5% while the S&P lost 0.8% to 1391 and the Nasdaq dropped 1.
Report: Samsung Global Number 1 in 2012 Q1 Smartphone and Feature Phone Shipments
Samsung muscled its way again on top of the global smartphone market by capturing 29.1 per cent of the pie in the first quarter of the current year and effectively overtaking its chief rival, Apple.
Adelaide Fines Bus Firms $218,000 for Being Always Late
South Australian Transport Services Minister Chloe Fox announced on Wednesday that the state has imposed about $218,000 fines on three Adelaide bus contractors because their buses are always late.
Qantas, Virgin Log Record Number of Passengers in March
Australians continued to enjoy their passion for travel to domestic and foreign destinations which resulted in air carriers, Qantas and Virgin Australia, enjoying high passenger numbers for the month of March.
Sweaty, Manual Labor Pays Big in Australia than Desk Jobs
Manual work proved as the best pay slip booster these days, according to a new national wage report that detailed the compensation benefits currently enjoyed by Australian workers.
More Aussies Lose Jobs With Cease Trading of 1st Fleet
1st Fleet, an Australian trucking company that operates in Queensland, New South Wales, Victoria and South Australia, locked out about 1,000 workers and ceased trading overnight without any warning on Wednesday night.
Eurozone Manufacturing Slips While Asia is on a Roll
The manufacturing sector of Eurozone showed a sharp shrink in almost three years in April, while the data from Asia seems to be very impressive for the quarter.
Copper Strong On Lack Of Supply
By Jonathan BarrattInventories in the copper market continue to come under pressure and as we have seen a good lift in prices already, we can suggest the trend is here to stay for a little while longer.
Chlorine in Coca-Cola Products Shuts Down China Factory
Chinese food safety regulators have shut down production at a Coca-Cola beverage plant in Shanxi province after discovering small amounts of chlorine in some of the products following a routine maintenance check.
Wal-Mart to Pay $4.8 Million in Backwages, Damages to U.S. Employees
Wal-Mart Stores Inc, the world's largest private employer, has been ordered to pay $4.8 million in back wages and damages to more than 4,500 of their employees across the United States.
The Overnight Report: Euro-Fear Rebuilding
By Greg PeelThe Dow closed down 10 points or 0.1% while the S&P lost 0.3% to 1402 but the Nasdaq gained 0.
Tourism Australia Unveils 5-Year Industry Boosts
More tourists will hopefully flock to Australian destinations as industry officials announced on Wednesday a long-range tourism blueprint designed to lure more visitors into the country.
Australian Wine Set To Cycle Back Up Again?
- One stockbroker has gone contrarian on prospects for Australian wine producers- BA-ML is predicting a long lasting upcycle- Change in industry dynamics should benefit Treasury Wine EstatesBy Greg PeelWe recall that the Australian wine industry underwent a significant boom beginning from around the...
Diary: Aussie Rates, Bank Profits, US Jobs, Earning, Chinese Manufacturing
The Reserve Bank dominates the coming week in Australia. But the April jobs report and a host of other data is out in the US will keep us interested.
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