BUSINESS

Cancer Society Criticises Hike of New Zealand Tobacco Export to Australia

The Cancer Society is against the planned increase of New Zealand export of tobacco products to Australia. While the hiked production of cigarettes would lead to the creation of 50 new jobs in the next 24 months, it would also cause the loss of 20,000 lives yearly in Australia, Cancer Society Health Promotion Manager Jan Pearson said.
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Markets: Was Last Week A Breather, Or A Warning?

Was last week a reminder to the bulls that the rebound is becoming overbought, or were the big falls (especially in Europe) a timely warning that the problems which gave us the miserable final quarter for 2011 (and 2010) are still with us?

Rudi's View: Gold Is Insurance

(This story was first published on Wednesday, 21st March 2012. It has now been re-published to make it available to non-paying members at FNArena and to readers elsewhere).

Australian Stock Market Leads - 03/26/2012

The positive leads from global markets led by the rise in the U.S. equities Friday have not provided enough boost to prop up the sentiment in the Australian stock market early on Monday.

Week Ahead: Searching For The Next Crisis?

By Kathleen Brooks, Research Director UK EMEA, FOREX.com• Searching for the next crisis• What's driving the dollar?• Europe: what happened to the LTRO?A couple of weeks ago the market was able to shrug off the prospect of a Greek default and a sharply rising oil price.

Samsung Admits Delays on Galaxy Note Android Update

The long wait for the Android 4.0 update for Samsung's Galaxy Note has been further extended, with the giant Asian mobile device maker admitting this week that Ice Cream Sandwich's (ICS) arrival will be delayed.

Australian Property Hits a New Kind of High

Australia's property obsession is reaching a frenzy. There is talk of a being able to bet on a new property index, clearance rates are making news alongside gossip columns and some analysts are warning of an impending crash.

Retail: It’s Tough, But Not As Bad As The Under Performers Say

With the reports in the past week from Myer, David Jones, Kathmandu and OrotonGroup we know Australian retailing had a tough six months or so at the back end of 2011 and early this year, but has it been as tough as much of the reporting and commentary suggested?

House Price Falls Continue in Most of the UK

UK house prices rose 1.11% during 2011, according to Nationwide. However in inflation-adjusted terms, UK house prices were actually down by 3.4%, following a series of annual house price drops during the past three quarters.

Woodside Reveals Impending LNG Shipments from Pluto Project

The $200 billion liquefied natural gas (LNG) fresh initiatives in Australia got another boost this week as Woodside Petroleum Ltd revealed the imminent shift to full production activity of its Pluto LNG processing facility in Western Australia.

Westpac Survey Reveals Snags on Economic Growth

The Australian economy saw its slowest growth pace in the last quarter of 2011, according to the latest Westpac-Melbourne Institute leading index of economic activity, which paved the way for a measly growth rate at the start of the current year.

Resources: Boom Continues, But Slowing

Australia's mineral and energy exports will rise at a slower pace of 4.6% to $208.32 billion Australian in 2012-13, as demand for commodities slows in Asia and in China in particular.

Shock 'N' Oil

By Marco Annunziata, chief economist, General Electric Co.Oil prices are again on the rise ? will this derail the economic recovery? And what if there is an oil shock on the horizon? This column presents an overview of the oil market and its possible effects on the global economy.

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