BUSINESS

Solid demand for Brisbane CBD office space

Brisbane's CBD office vacancy rate has slumped from a 15 year high of 11.3 per cent in January to 10.9 per cent in July this year, according to the Property Council of Australia's mid-year Office Market Report released today.

Brisbane Fringe office vacancy hits its highest in 7 years

Brisbane's Fringe office vacancy rate recorded its highest level since January 2003, rising from 11.4 percent in January to 12.2 percent in July this year, according to the Property Council of Australia's mid-year Office Market Report released today.

Retailing: Kathmandu Punished

Another private equity retail success story bites the dust within a few months of being sold into the market.Myer was th...
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ANZ To Rebrand ING Joint Venture Fully Acquired Last Year

Australian banking major ANZ is rebranding its ING wealth management and life insurance business as OnePath, the brand name of its own organically built specialist find management and life insurance business.Phil Chronican of ANZ says the lender is establishing a more diverse set of options for its ...

Australian Stock Market Report - Closing

The Australian share market followed Wall Street into the red today, snapping a two day winning streak. The All Ordinaries Index (XAO) fell 26.8pts or 0.6pct to 4559.7, while the S&P/ASX 200 Index (XJO) fell 29.5pts or 0.7pct to 4542.1.

Home Loan Hints survey shows consumers want advice they can trust

Education and advisory services are not simply a significant component for any home loan related vendor but have become essential, according to a new consumer survey conducted by Home Loan Hints, at a time when consumers say they cannot trust most of the home loan advice on offer.

SunPower completes solar power installation for Australian utility

SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells panels and systems, today announced its completion of a 505-kilowatt solar power installation for Horizon Power, a government-owned utility servicing remote and regional communities and resource operations in Western Australia.

GPs resent health minister’s remarks

Family doctors will resent comments made by the Federal Health Minister Nicola Roxon that GPs who have medical practices near government-funded Super Clinics need to question the services they offer, said Dr Adrian Sheen, President of Doctors Action.

AXA affirms incurring profit loss, suffers retreat on stocks

Insurance and investment firm AXA Asia Pacific Holdings Ltd (ASX: AXA) issued confirmations on Wednesday on its earlier announcement that its net profit retreated to $219 million in first half of 2010, suffering a slide of 19 percent from the $270 million netted last year.

Westpac to pay $50,000 in damages for defamation

The High Court has ordered one of Australia's major banks, Westpac Banking Corporation (ASX:WBC), to pay a former real estate agent $50,000 in damages for defamation resulting from its mistaken dishonouring of his company's cheques.

SUVs lead the pack as motor vehicle sales surge anew in July

Private buyers raised up the ante on motor vehicle hunting in July as new vehicle sales soared by ten percent in the month compared to the sales figures posted in 2009 on the same month, with most customers taking a preference on the now-ubiquitous SUVs.

Australian Stock Market Report

US personal income and personal spending were both largely unchanged in June - with results below market expectations.

World Market Overview

U.S. stocks fell Tuesday as disappointing earnings from Procter & Gamble and Dow Chemical and a round of weaker than expected economic data prompted worries about the strength of the recovery.

Australian Dollar Outlook 4/8/2010

The Australian Dollar has opened above USD0.9100 after a night in which ambiguity and uncertainty presented themselves to the markets again.

IG Markets Morning Prices

After yesterday's strong move up on the S&P it's no surprise to see markets pull back and consolidate those gains. The lead in for the Australian market is relatively benign with the S&P 500 closing at 1120, down 0.5%.

Daily Forex Commentary 4/8/2010

The Australian Dollar fell below 0.9100 US earlier in the day following an unexpected decline of -3.3% in June building approvals.

The Economy: Rates On Hold

No rate rise from the Reserve Bank yesterday, and no signals for what might happen in future months, as we got from Sep...

Profits: Hills Recovers

Is there life after a slump for Adelaide-based manufacturer Hills Industries?Judging by yesterday's full year result and...

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