By Greg PeelThe Dow rose 145 points or 1.2% while the S&P gained 1.3% to 1296 and the Nasdaq added 1.5%.
As the decision in the Greek Parliament approaches, a senior official at the RBA says there are few parallels between Lehman Brother's collapse in September 2008 and Greece, should it default.
ASIC has stepped up its intensity with an infringement notice issued to a Sydney broker.
MasterCard Inc., operator of the second-largest electronic payments network, with card brands MasterCard MasterCard, Maestro and Cirrus, temporarily lost service on its website due to a cyber attack from hackers backing whistle-blowing site WikiLeaks.
One of these was retail investment company, Premier Investments, controlled by Solomon Lew, which revealed a number of senior management appointments (from other retailers) to the Just Group.
Mortgage Ezy has announced the release of a self-managed super fund loan. The mortgage manager has stated its SMSF loan product will be available to brokers "within days," and will carry a rate below 8%.
Interim management has become one of the fastest growing areas of HR and a new study of over 250 interim executives has provided an insight into who's taking these roles in Australia.
More problems for the troubled Oakajee iron ore port and rail project proposed for the Western Australian Midwest, with one of the two developers revealing money-raising problems.
The iPad has been dominating the tablet market for some time now and any new tablet released would have to go up against the Apple giant. The new Toshiba AT 100 better known as the Toshiba Tablet and the Thrive in the US proves that there are other tablets just as good as Apple's iPad.
$65,600. a few years ago that would have bought you a property where I live. Now, that is the average price of a property in Monaco, per square meter. The figure comes from the latest release of Knight Frank's global index of luxury property prices. According to the index London is the second most expensive at $56,300, but this is hardly surprising given the advent of One Hyde Park, a block of flats with none priced under a million pounds.
Like a mythical creature the iPhone 4S has been talked about but not seen. Now according to a report from the Apple Insider that fabled iPhone 4S could be surfacing this September alongside the much anticipated iPhone 5.
Australia still needs to spur its campaign to urge citizens to prepare for retirement, a new research done by Roy Morgan said in order to achieve a 90 percent average confirming plans for the said years.
Employees in Australia’s finance sector have condemned announcements by major banks Westpac and ANZ that will see 250 Aussie jobs sent offshore to be filled by cheap overseas labour.
At lunch the Australian share market is having a much better day, with the All Ordinaries index (XAO) around 0.4 pct or 19.7 pts higher to 4533.5. Close to all sectors are higher, with gains from the banks and miners helping to keep the market in positive territory.
Gen-Y Australians are avoiding renting property, preferring to go straight from the family home to home ownership where possible, recent data shows.
By Greg PeelAt the end of May it was confirmed that trading company Traxys had agreed to acquire the entire 5.
U.S. stocks closed sharply higher Monday, snapping a three day losing streak, as the technology sector surged and financial stocks jumped on banking capital requirements that were less onerous than expected.
- NAB updates commodity market outlook- Base metals and bulk prices should remain supported this year but ease in 2012- Oil price expected to stabilise, modest decline likely in gold priceBy Chris ShawAn easing in most non-rural commodity prices in May has been followed by subdued price growth in Ju...
Well-publicised efforts to see borrowers jump ship on their home loans have gained little traction, according to a new survey.
Chinese telecommunications equipment maker Huawei and Norwegian network operator Telenor have erected the world's northernmost LTE tower in Longyearbyen on the Svalbard archipelago in the Arctic Circle.
Five to six votes, maybe 10 is all that stands between Greece agreeing to the latest austerity package and a temporary bailout and the country lurching towards default and a possible return of the GFC.
A couple of times this year we have carried reports of comments from senior Reserve Bank officials which have questioned the sustainability of Australian bank earnings.
The future of specialised lenders is in question with the advent of NCCP requirements, it has been claimed.
"What is unique about Honest to Goodness is our ethics, ideals and principles behind the products we choose to sell and the way we do business, so seeing Honest to Goodness plastered all over Woolworths was devastating for us and our customers and we were left with little choice".
Senior managers aren’t doing enough to create a sustainable workplace, according to a new survey.
The Australian share market fell more than one per cent as investors nervously await for a vote by the Greek Parliament on measures to reduce that country's high debt.
US personal income rose by 0.3pct in May while spending was unchanged. Both readings were slightly weaker than market expectations.
Despite a 5% year-on-year dip in the overall market, iPhone shipments soared 13% quarter-on-quarter, with Apple becoming the top mobile device vendor in Australia for the first time, with nearly one third market share, Research firm International Data Corp.'s Q1 2011 Mobile Device Tracker revealed.
Australia's annual population growth rate slowed to 1.5% in 2010, down from the 2008 high of 2.2%.
If you use online banking, chances are good that you see the same things in your account that I see when I log into mine (albeit with different numbers): a lot of transaction data, and maybe some basic budgeting tools or low-level personalization.