Australian employees confident on job opportunities
Australian workers are more confident than their global counterparts about finding work, according to a new report.
Changes to minimum wage and parental leave coming into effect
A number of changes are due to take place tomorrow (1 July) which will affect employers, including changes to the national minimum wage and paid parental leave scheme.
Chrome Air: Virgin America puts Google Chromebooks in hands of flyers
Virgin America is maintaining its reputation as the darling airline of the tech sector, and today it announced a new partnership with Google that will give travelers the option to test Google's Chromebooks in their flight beginning tomorrow.
World Market Insights: IG Markets
From IG Markets Analyst Ben Potter:On Wall Street overnight, stock finished the quarter and end of the first half in bullish fashion, logging its fourth consecutive gain as Greece passed a second crucial vote on the implementation of the latest austerity package and a much stronger-than-expected Chicago PMI number.
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Choice urges Aussies to switch health funds to save bucks
A review of more than 17,000 health insurance policies by consumer group Choice has found families could save more than $1500 by switching to a better value fund.
5 Tips in Choosing Health Insurance
In Choice’s annual review of health insurance policies, undertaken to find the best value cover on the market, each of the major health funds and many of the smaller providers were assessed. When choosing Health Insurance, consumer group Choice advises to:
More To Airlines Than Valuation Alone
- Valuation only one variable for airline stocks- Moelis suggests a number of other factors are also important- Stockbroker initiates coverage on both Qantas and Virgin Blue with Hold ratingsBy Chris ShawFor some time both Qantas ((QAN)) and Virgin Blue ((VBA)) have received favourable ratings from ...
Nokia to phase out Symbian OS in 2 years
Nokia has signalled its intent to catch up with the exploding smartphone industry and in achieving that, the giant phone maker tapped Microsoft Corporation to provide the Windows Phone 7 OS to the new breed of handsets that the company will start issuing next year.
European Sovereign Debt Contagion Continues to Spread
By Tony D'Altorio, Investment U ResearchWednesday, June 29, 2011Surely, many American investors are bewildered by what's going on in Europe.
PM Gillard insists MRRT must take effect on its present design
The proposed mining tax will successfully pass the parliamentary scrutiny and keep its present form, according to Prime Minister Julia Gillard, who believes that firm backings from independent MPs will seal the measures’ good fortunes.
Justin Timberlake dips finger on $35 million sale of MySpace
From the more than half-a-billion money it poured in 2005 to snatch the then hotshot social networking site MySpace, Rupert Murdoch-owned News Corp. has decided to jettison the website from its portfolio and sell the company to advertising firm Specific Media for a measly $35 million.
Unilever CEO outlines shift towards emerging markets
Unilever CEO Paul Polman last week outlined the manufacturer's strategic shift towards emerging markets to take advantage of their rapidly-growing populations.
Samsung accuses Apple of stealing anew
The legal war between American giant tech firm Apple and South Korea’s Samsung Electronics reached another level as Samsung filed a patents infringement suit against its competitor and business partner on Thursday.
Updates: Big Write-Downs Ruin Trans Pacific Story
Transpacific Industries justified its ranking as one of the worst performing big stocks of the June half yesterday with a huge and surprising write-down that could reach a quarter of a billion dollars.
Australia's business confidence staggers to 15-year lows
Small business support for the Australian Government has fallen to a 15-year low, according to the Sensis Business Index released today. SMEs have become much less supportive of the Federal Government’s policies, with the indicator declining sharply during the quarter to be the lowest level since February 1996.
Japan: Recovery Underway
Good and bad news for Japan's recovery in the industrial production and retail sales data for May, released this week.
The Overnight Report: Almost There
By Greg PeelThe Dow closed up 72 points or 0.6% while the S&P gained 0.8% to 1307 and the Nasdaq added 0.
Greece Votes 'Yes', Markets Up, Relief
Amid rising public protest and violence in the streets of Athens, Greece's parliament overnight approved a deeply unpopular 28 billion euro austerity package that will, for the time being see the country avoid default.
AFM grabs former PLAN manager
Australian First Mortgage has appointed a former PLAN Australia state manager as its national head of sales.
World Market Overview 6/29/2011
Blue-chip stocks posted their biggest gain in more than two months, as signs of progress in Greece's debt crisis sparked a broad market rally.
Australian Stock Market Report 6/29/2011
According to the Case-Shiller series, US home prices fell 0.1pct in seasonally adjusted terms to be down 4.0pct lower than a year ago. Prices rose by 0.7pct in unadjusted terms.
Apple knocks off Nokia as top phone maker in Australia
Nokia's ten year reign on top of the Australian phone market is now over thanks to Apple and Android phones.
Telstra loses CFO as John Stanhope reveals retirement
Speculations of his imminent departure from the giant telco proved true today as Telstra Corporation chief financial officer, John Stanhope, revealed on Wednesday that he is retiring after more than four decades of service to the company.
Borrowers warned of luring mortgage deals
Financial comparison website RateCity is warning Australian borrowers to carefully review enticing home loan interest rate promotions, following several new promotions and home loans hitting the market this month.
Albanese: Rio Tinto will continue uranium mining amidst challenges
Despite the nuclear meltdown scare spawned by Japan’s near-uranium leak, Rio Tinto said on Wednesday that it remains committed to stay in the uranium mining operations even as the global resource giant has admitted that growth in the sector could some snag over the next 10 years.
Australia's small businesses must brace for tougher year
Small businesses in Australia should brace for more pain this coming financial year, the ANZ warns in its latest report released on Wednesday as the power of a stronger dollar and the lure of the Internet marketing on Australian consumers will continue to weigh down on sales.
Free cell phone calls to Lifeline from anywhere in Australia
Mobile phone calls to Lifeline made from anywhere in Australia will no-longer be charged starting 1 July under a new deal made between the three major phone carriers.
Australia's small lenders set slight increase in loan fees
Australia's small, non-bank lenders have begun applying small increases in its upfront home loan fees and discharge fees in response to the loan exit fee ban.
Facebook hires Sony and iPhone crack genius
Gadget tinkering can easily land you a high-profile job like in the case of the iPhone and Sony PlayStation 3 hacker, who was reportedly hired by social media giant Facebook to re-focus his energy in developing the company’s upcoming application for iPad.
Zynga to Launch $1B IPO Tomorrow
As world-wide fans give much regard to their virtual farms, pets, mafia gangs, game creator Zynga has deemed it necessary to cast $1 billion international public offering (IPO) tomorrow, 30 June.
Why Money Managers Fail To Beat the Market
By Alexander Green, Investment U's Chief Investment StrategistMonday, June 27, 2011: Issue #1543Here are three easy ways to beat the market: Deception, irrelevance and bad math.
Deals: Centro Class Action Looking Better?
ASIC loved the Centro decision by the Federal Court on Monday and of course, the Centro directors who were found guilty didn't like it.
Resources: Another $25 Billion LNG Project Heading For The OK
Another multi-billion dollar Liquefied Natural Gas project is approaching the starting line, taking the value of the projects so far approved to well over $100 billion, with a couple of more mega projects to come.
Social media, blogging rules set for athletes at London Olympics
The International Olympic Committee has encouraged athletes and other participants at the 2012 London Games to post comments on social media platforms or websites and tweet during the Olympics, but noted that athletes may be sanctioned or barred from competing if guidelines are not followed.
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