HIA winter report forecasts chilly market
The HIA has forecast a "chill wind" for residential building activity over the next year.
World Market Overview 7/04/2011
U.S. stocks surged Friday, notching the biggest weekly gain in nearly two years, as a strong reading of manufacturing activity lifted investor spirits ahead of the long holiday weekend.
Gmail getting an upgrade, new interface
Google's popular e-mail service is getting an upgrade. According to the official Gmail blog Google is now going to make Gmail as "beautiful as it is powerful". This is part of Google's effort to bring users a more focused and effortless experience on its products.
Why Apple remains ahead of its rivals
Apple's dominance in the smartphone and tablet markets has led to many competitors singling out the tech giant as their public enemy number one. Microsoft has been locked in battle with Apple for software and computer needs while Google's Android smartphones is going head to head with the iPhone for control of the smartphone markets. The iPad has run away from other tablets. How exactly can Apple's rivals compete with Apple?
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Tiger Airways pledges cooperation with CASA for lifting of its suspension
Tiger Airways intends to cooperate with Australia’s aviation regulator following the suspension of its domestic services within the country on Friday last week as ordered by the Civil Aviation Safety Authority (CASA).
Financial constraints ‘bedevil’ Australia’s building sector
A dramatic turnaround in builder sentiment is seen as Australia’s building and construction industry loses the cushioning effect of government stimulus programs, according to Master Builders Australia’s June quarter 2011 national survey.
Australia's subdued consumer demand to likely halt RBA rate hikes
Australia’s consumer inflation rates remained flat in June that may reduce the pressure on the central bank to increase benchmark interest rates in the near term, according to the private-sector led survey by TD Securities and the Melbourne Institute.
Australia tackles identity theft problem
Attorney-General Robert McClelland today released new research which shows nearly one in six Australians have been a victim or known somebody who has been a victim of identity theft or misuse in the past six months.
Debate set on leadership quotas for women
A debate will take place in Canberra today about whether or not quotas should be introduced in Australia to place more women in senior roles.
Australia's manufacturing sector rebounds in June
The manufacturing sector in Australia has begun its positive production kick in four months in spite the difficulties in coping with the high value of the Australian dollar and subdued local demand.
DIARY: Interest Rates, Unemployment, Retail Sales
Greece seems to be behind us, but the US debt ceiling brawl continues towards the August 2 deadline.
Compliance forum aims for 'cultural shift'
A new online compliance forum will help provide guidance to brokers struggling to come to terms with the NCCP regime.
Australian Stock Market: On cautiously optimistic trend
Investors at the Australian Stock Market is expected to rebound albeit cautiously at today's trading. Here are the views of two of the top market analysts on how the market will likely perform on 4 July, Monday.
Australian Stock Market Report 7/04/2011
The US ISM manufacturing index rose unexpectedly from 53.5 to 55.3 in June - marking the first rise in four months.
Apple & non-Android allies' $4.5b outbid Google for patents
A consortium comprised of entities like iPhone maker Apple Inc., Blackberry vendor Research in Motion Ltd., operating systems giant Microsoft Corp. is paying $4.5 billion in cash to buy 6,000 residual patents belonging to Nortel Networks Corp., outbidding Google Inc. and others.
Feature: When Too Much Is Too Much
A week ago, the AMP's chief strategist and chief economist, Dr Shane Oliver, re-examined the Wall of Worry that confronts markets and investors.
The Fed Rests, Deflation Defeated
One thing is certain, markets in the coming financial year will not be underwritten by the US Federal Reserve's easy money activities (AKA QE2), they will have to look to more mundane factors for their stimulus.
US: Greece Was Smart, Will America Follow Suit?
Greece finally found sense this week and avoided committing financial suicide, for the time being at least.
The Market: A Very Mixed Year, More Ahead?
For us in Australia, the 2010-11 financial year, June 30 half year, June quarter and month of June have all been confusing, to say the least.
New home sales in Australia - still struggling
New home sales volumes in Australia remain well below par, according to new research released today by the Housing Industry Association.
Westpoint founders face criminal charges
The Australian Securities and Investment Commission has brought criminal charges against the founder of property group, Westpoint.
World Market Overview 7/01/2011
U.S. stocks closed the second quarter with a fourth straight day of gains as encouraging Chicago-area economic data and a pledge from German banks to support heavily indebted Greece whetted investors' risk appetite.
Home sales drop in NSW, Victoria
Sales of detached homes fell in two of Australia's most populous states according to recent industry data.
Australian Stock Market Report 7/01/2011
The ISM Chicago business index rose from 56.6 to 61.1 in June. The result was well ahead of expectations which centred on a result around 54.
PM Gillard: Carbon tax only temporary
Prime Minister Julia Gillard has soften her tone and argued with new semantics to push for the carbon tax.
Samsung looks to ban Apple products in the US
Samsung's ongoing feud with Apple took another turn this week as the South Korean firm asked the US International Trade Commission to ban Apple from importing the latest iPhone and iPad devices. The complaint was filed Wednesday amid a growing patent dispute.
Australia's Lynas Urged to Have More Environment Safeguards
An independent team studying the environmental impact of Australia's Lynas Corp.'s proposed rare earths facility in Malaysia said more safety measures need be in place.
China opens world’s longest cross-bridge in Shandong Peninsula
Hand it to the Chinese as they not only have the second biggest economy in the world but also two of the longest cross-sea bridges in the planet with the Thursday unveiling of the country’s 41-kilometre Qingdao Jiaozhou Bay Bridge.
July Usually Positive For Commodities
- Equities mixed, copper strong in July- US dollar tends to outperform commodity currencies for the month- Bond markets not expected to show any yield advanceBy Chris ShawEquity markets typically deliver some extreme performances in July according to Barclays Capital, the group noting the month tend...
HP barges into tablet market as its new TouchPad starts retailing
Months of preparation for Hewlett-Packard’s tablet foray end on Friday as the company officially unleashed the TouchPad, with up to a hundred Best Buy outlets initially offering the device that retails at starting price of $499.
The Overnight Report: Happy New Year
By Greg PeelThe Dow rose 152 points or 1.3% while the S&P gained 1.0% and the Nasdaq added 1.2%.Pop quiz: Did Wall Street finish higher or lower on the June quarter?The simple assumption is lower, given the April-June period has been all about the Greek correction with overtones of the US "soft patc...
Home values continue to decline
Australian capital city home values have falled by 2.7% during the 2011 calendar year, according to the latest research from RP Data.
Union appeal delays student minimum shift change
A union appeal has put the decision to halve the minimum shift length for high school retail workers on hold for now.
Positive employment prospects recorded across all industries
Employer confidence is remaining upbeat, with just under a third of employers planning to grow staff numbers during the next quarter, according to a new report.
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