BUSINESS

Australian Stock Market Report 06/13/2011

The evil spell that was cast on the sharemarket over the past week and half has been lifted for the time being, with the ASX 200 index (XJO) rising 0.3 pct or 12.5 pts to 4562.1 while the broader All Ordinaries index (XAO) jumped 0.3 pct or 13.2 pts to 4634.9.

World Market Overview 06/13/2011

The Australian share market staged a modest relief rally on Friday on a positive Wall Street lead, with bargain hunters and short-sellers pushing resources higher.

Top 5 iPad alternatives

Apple's iPad is one of the fastest-selling devices in history. But just because most people bought iPad doesn't mean you should. There are now many iPad contenders in the market. Here are just five of them:
More news

Affected cattle industry farmers to tap $5-M contringency fund

The Australian livestock industry may get a reprieve from the financial debacle posed by the six-month-cattle ban to Indonesia by tapping into the $5-million contingency fund of the Meat and Livestock Australia (MLA), said Agriculture Minister Joe Ludwig.

Tips to attract top tenants

The average weekly rent in Australia is $450; over a year that’s $23,400. But a good tenant goes beyond what they’re paying in rent. You also want someone that will take care of the property, respect the neighbours and rent long-term. Even though the national vacancy rate is a relatively tight 2.2% - good tenants can be hard to come by.

Nestlé's latest: Kit Kat Chunky3

Nestlé has launched a new addition to its Kit Kat range, the Kit Kat Chunky3, which features the brand's signature wafer, topped with three breakable chunks containing three separate textures - fudge, crisp and sauce.

E. Coli treatment languishes for lack of commercial interest

According to scientists at the University of Adelaide, a potential life-saving treatment for severe E. coli food poisoning outbreaks was pioneered more than a decade ago, but hasn't gone forward into clinical trials because of lack of commercial interest.

Higher Capex At Emeco Has Brokers Confident On Growth

- Emeco's earnings update slightly disappointing- Planned increase in capex an offsetting positive- Brokers sees value given expectations of solid earnings growthBy Chris ShawResource equipment hire group Emeco Holdings ((EHL)) plans to accelerate growth in FY12, management yesterday announcing...

Ruling on Microsoft averts IP community crisis

On June 9, the U.S. Supreme Court, by unanimous decision, upheld a $290 million jury verdict against Microsoft for willfully infringing a patent of a small Canadian firm. The case can be depicted as a classic David vs. Goliath or can be a plot to a John Grisham novel. However, what's more significant -- in the area of intellectual property law -- is that the Supreme Court has settled the issue of whether a lower standard can be used to invalidate patents.

Leighton wants to recover cost overruns on Airport Link

Leighton Holdings Ltd. expects to incur a significant financial loss on its Airport Link Project in Brisbane. The construction company originally expected to report a profit of $407 million for the project, but has revised the outlook to a pre-tax loss of $430 million. Leighton now says it is pursuing compensation where possible to recover ad

Australian mechanical designer builds Hoverbike

An Australian mechanical designer has finally made the dreams of every Star Wars fan come true: he's built a real life Hoverbike. Chris Malloy, an Australian mechanical designer has been building the Hoverbike in his garage for the past two and half years and now it's ready to go to production.

No stopping carbon tax; Opposition tries other tactic

There is now no stopping the Australian government from implementing the economy-wide carbon tax that aims to lower greenhouse emissions. The Gillard administration even got the support of independent MP Tony Windsor after the Productivity Commission report.

Top useful features of iPhone 5's iOS 5

At the World Wide Developers Conference, Apple announced that iOS5 will have some 200 features but only ten of them were named at the event. The two-hour affair focused mainly on iCloud and OS X 10.7 “Lion”. However, there are other iOS5 updates to look forward to.

Xstrata wins Exco shareholders nod

Exco shareholders gave their go signal on Friday for the $175 million deal that will formally transfer ownership of the company’s Queensland mining assets to Xstrata.

Westpac gives staff and customers new SecurID tags after hack

The Westpac Group (ASX: WBC) has confirmed it was initiating a token replacement program, as a result of the recent RSA security issue. Customers the world over have been left wondering whether to trust RSA's security tokens since March 2011, when the company admitted it had been hacked and issued a warning.

New borrowers opt for discounted home loans

Ongoing discount interest rate home loans have become the top choice for majority or about 33 percent of new borrowers, according to May 2011 data from Australia’s largest independently owned mortgage broker, Mortgage Choice.

Google launches new social network button

Google came out with its new '+1" button. This is Google's newest foray into the social scene, although they claim this is yet the social network to rival Facebook. The +1 button is a small icon that will become featured in searches done on Google. The idea is that when you see a search result you like, you will +1 it, thus telling others in your Google social group that you like the result.

New York Mayor Bloomberg and AT&T launch free wi-fi service in 20 New York City parks

Mayor Michael R. Bloomberg and AT&T Chairman and CEO Randall Stephenson today announced a five-year initiative to provide free Wi-Fi service at 26 locations in 20 New York City parks across the five boroughs. Starting today, AT&T Wi-Fi is available free of charge to any users at Battery Bosque in Battery Park, the north-end playground in Joyce Kilmer Park in the Bronx, and around the recreation center at Thomas Jefferson Park in East Harlem, with 23 additional park locations to follow throughout...

Pages