BUSINESS

Coca-Cola Closes Factory, Axes 150 Workers

Significant pressure from the continued strengthening of the Australian dollar, and increasing competition has forced Coca-Cola Amatil to close one of its three food processing factories in Australia, resulting in 150 job cuts.

iPad Competitors Need to Lower Prices

A new analysis claims that tablet makers looking to compete with Apple's iPad should cut prices if they want to grasp the opportunity and they have a better chance in Europe than in the United States.

Australia Stock Market - Midday Report - (08/09/2011)

MIDDAY REPORT (12.30pm AEST)The Australian sharemarket is currently trading at its lowest level since July 2009, with the All Ordinaries index (XAO) down 4.5 pct or 181.4 pts to 3875.3. The major U.S and European markets tumbled significantly overnight, leaving us with a negative lead too difficult to shrug off.
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Thehomepage connecting with Vendors – the right way

The idea of real estate portals having direct contact with vendors was first tabled by Realestate.com.au CEO Greg Ellis in March 2011, where he indicated REA would consider selling products directly to property vendors.

Oz Residential Construction Improvement Not Expected Until 2012/13

- BIS Shrapnel releases Building In Australia 2011 report- Oz building commencements tipped to recover from 2011/12- Commercial and industrial building the key driver- Residential construction improvement not expected until 2012/13By Chris ShawThe Australian housing market has seen limited activity ...

Home buyers wary of carbon tax

Potential home buyers are being frightened away from the market by the government's proposed carbon tax, it has been claimed.

Australian Stock Market Report - Morning 08/09/2011

Global equity and commodity prices plunged on Monday as fears of recessions across the Northern Hemisphere caused panic selling by investors. Despite the US credit rating downgrade, the US dollar index and US bond prices rose.

Global Markets Overview 08/09/2011

U.S. stocks tumbled deeper into correction territory in a Monday rout that sent the Dow Jones Industrial Average plunging to the biggest point drop since Dec. 1, 2008.

World Market Overview 8/9/2011

Panicked investors shaved about $17 billion off the Australian share market, sending it to a 25-month low on fears of a volatile Wall Street following the first downgrading of US sovereign debt by Standard & Poor's.

Australia Stock Market Report- Morning-08/9/2011

Global equity and commodity prices plunged on Monday as fears of recessions across the Northern Hemisphere caused panic selling by investors. Despite the US credit rating downgrade, the US dollar index and US bond prices rose.

Australia Stock Market Report - CLOSING (08/08/2011)

AFTERNOON REPORT (5.20pm AEST)Stocks around the Asian region fell further into the red today as investors reacted to the decision by ratings agency Standard and Poor's to downgrade the long-term credit rating of the United States from AAA to AA+. Investors and traders remained on edge despite the Group of Seven industrial nations pledging a coordinated effort to ensure financial markets have enough liquidity.

ResMed Outlook Dominated By FX Movements

- RedMed quarterly delivered in key areas- Forex pressures continue to impact- Growth outlook still solid, diversification a benefit- Buy ratings still dominate broker viewsBy Chris ShawSleep disorder group ResMed ((RMD)) reported 4Q11 earnings last week and the result had been viewed as an importan...

Bayonets And Gold

By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationThe history of fiat money has always been one of failure - every fiat currency since the Romans started diluting the silver content of their denarius has ended in devaluation and eventual...

Send staff home to work: Communications Minister

Businesses must change their attitudes about people working from home and use the internet to connect employees through "telework", the Minister for Broadband and Communications Stephen Conroy has announced.

Australian Dollar Outlook 08/08/2011

We anticipate a very volatile environment in the next several days after equity markets fluctuated wildly on Friday and the first downgrade of US sovereign debt from AAA to AA- was done by S & P since debt ratings began in 1917 after US markets closed.

Rural and regional workers need more support

New research has revealed that rural and regional workers are not receiving adequate mental health support services. Medibank Health Solutions has released research results which show rural and regional workers feel their employers have unrealistic work expectations which have led to a poor work-life balance.

Job Opportunities for Foreigners in Vietnam

As an emerging market that has only opened up to foreign investment in the early 1990s, job opportunities for foreigners in Vietnam are far more plentiful than anywhere else in Southeast Asia (except perhaps in Singapore).

Competition: To Peg or not to Peg!

Competition time! We love our washing lines and clothes lines around here at My Green Australia. So we want to celebrate this love and also welcome Spring and Summer time!

Telstra to Offer Australia’s First Commercial 4G/LTE Device in August

After switching on its first 4G base stations, using Long Term Evolution (LTE) technology, in May, Telstra has now announced it would start selling Australia’s first commercial LTE device later this month. Businesses in Melbourne, Sydney and Brisbane will be the first to experience 4G/LTE mobile broadband.

Europe to lead the financial collapse of the West?

In case you haven't noticed - and, in lieu of the press generated by the recent battle royal over how much to increase the U.S. national debt, most of you probably haven't - Europe is on the brink of financial collapse. But before you shed too many tears for the Mother Continent, save a few for America because at the pace we're going, we're next.

Daily Forex Forecast 08/08/2011

After a tumultuous end to last week the Aussie opens on Monday at 1.0400 as investors continue to digest news of the United States downgrade by S & P on Saturday morning local time from AAA to AA+.

Global Markets Overview 08/08/2011

Standard & Poor's took the unprecedented step of downgrading the U.S. government's "AAA" sovereign credit rating Friday in a move that could send shock waves through global financial markets and potentially undermine world economic growth. In a press release, S&P, cut its top-notch long-term credit rating for the U.S. Treasury's debt to AA+ with a negative outlook.

US: Rating Cut Shocks, Impact Uncertain

Perhaps all those doomers and gloomers in Australia moaning about how tough times are here, will lift their blinkers and have a quick look at Australia's AAA credit rating and compare that to the US after Standard & Poor's cut on Saturday, our time.

Markets: US Rating Cut, Australian Outlook Solid

So the biggest questions about the impact of the S&P downgrade of America's credit rating are: the impact on the share market here and offshore today and tonight, and how many dominoes will fall as the rating cut impacts on the emerging crisis of confidence.

iPhone 5: Why Apple is Delaying Launch of New Smartphone

According to research firm IDC, the smartphone market has recently crowned a new leader, and its name is Apple. Though many have been asking why the iPhone 5 is still not available in the Apple Store, the question that matters to Jobs is... Do they really need to release the iPhone 5 at this time?

Australia Stock Market -Closing (08/05/2011)

AFTERNOON REPORT- CLOSING (4.30pm AEST)The Australian share market fell to a two year low today, as global markets were heavily sold off on fears of a renewed global economic slowdown. US markets posted their biggest one day decline in two and a half years overnight while the local market had its worst one day fall since January 2009. The All Ordinaries Index (XAO) shed 183.2pts or 4.2pct to 4169.7. The All Ords closed at a level of 4097 on the 24th July 2009.

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