'Falling export prices a risk to surplus' says today's front page headline in the Financial Review. The article draws on a recent report by Chris Richardson at Deloitte Access Economics. The crux of the argument is that the mining investment boom is about to peak. Given China's slowdown, there are no new big projects on the horizon. So Richardson reckons the mining boom has two years left, max.
Recently a BRW Cover had the title "Secrets of the Real Estate Industry" in big bold type with a sub heading stamp, "What they won't tell you", written by Nassim Khadem and heavily featuring Andrew Blanchut from PropertyNow. The article really takes a dive in the deep end and have some pretty strong words for real estate agents, just look at this quote from Andrew!
Caltex announced on Thursday that after a review, it has decided to shutter its Kurnell refinery in Sydney. The closure of the 57-year-old facility by mid-2014 would cause the loss of over 300 jobs.
The Australian Stock Exchange (ASX) and Singapore Stock Exchange (SGX) will jointly host a data centre beginning September to boost the flow of futures activity between the two major bourses.
Due to the high liquefied natural gas (LNG) cost base in Australia, which Royal Dutch Shell has described as the highest in the world, new investments in the LNG sector may be under threat. LNG is considered a sunshine industry for Australia and experts have forecast the country would be the world's largest LNG exporter by 2020.
By Greg PeelWe know that Beijing's numbers are spurious ? at least one government official has already admitted that in the past.
By Greg PeelThe Dow rose 53 points or 0.4% while the S&P lost 0.1% to 1337 as the Nasdaq fell 0.4%.Why the disparity between indices last night? The answer is Apple.
The notion of a business on wheels is not exactly a fresh one but, by adding an unexpected element to the deal, it takes the concept of innovative marketing to a completely new level making it more mainstream.
According to some critical reports from the US Senate released on Monday, the Britain based bank HSBC has been handling drug money from some of the most secretive and notorious corners of the world including Iran, Syria, Saudi Arabia, Mexico and the Cayman Islands.
By Greg PeelAugust is statistically one of the worst months of the year for natural gas prices, which makes sense given August represents high summer for the bulk of the world's gas consumers.
According to the reports released by a popular Business Magazine on Monday, the economy of Japan led by the robust reconstruction and spending of the consumers is still recovering after the country was hit by an earthquake only last year.
Among the four buyers who have potentially moved on to the second stage in the bid for the insurance business of Aviva in Malaysia are companies like Manulife and Prudential Plc. According to reports from the sources the deal is worth nearly about 500 million dollars.
By Greg PeelThe Dow closed down 104 points or 0.8% while the S&P lost 0.9% to 1338 and the Nasdaq fell 0.
New research predicts that by 2017 Australians will be spending $31.8 billion dollars per year on home-brand (also known as “private label” products or “supermarket brands”) products, which will account for more than 30% of supermarket sales. International business information research firm, IBISWorld, today released the results of its survey into private-label spending by Australians.
The Bill & Melinda Gates Foundation is once again busy funding efforts to promote the spread of the agricultural cancer that are genetically-modified (GM) crops, this time in the form of a $10 million grant it recently issued to a group of British scientists working on new GM crops that require no fertilizer.
- Mining sector growth slowing- Government spending reversing- RBA easing- Non-mining the next growth driverBy Greg PeelEconomic forecaster BIS Shrapnel has just released its Long Term Forecasts 2012-2027 report in which it attempts to identify drivers for the Australian economy into the greater dis...
By Andrew NelsonIt was yet another dull week on the spot uranium market last week, marked by slim volumes and another minor price decline.
By Greg PeelThe Dow closed down 101 points or 0.9% while the S&P lost 0.9% to 1350 and the Nasdaq fell 1.
China is still interested in the expansion of its own businesses in Africa. Hence at the summit held in Beijing, in which took part 50 African leaders, president Hu Jintao made an important announcement.
We know none of this matters, but thought we'd discuss it anyway.
Today’s show features a great mobile phone application that takes the whole Social, Mobile, Local functionality to a whole new level and shows how the curation of user generated content can provide insights into so much more of the world that is currently going on around us.
Today’s show features a great mobile phone application that takes the whole Social, Mobile, Local functionality to a whole new level and shows how the curation of user generated content can provide insights into so much more of the world that is currently going on around us.
By Peter Switzer, Switzer Super ReportMonths ago when stocks stunk to the noses of normal people, my co-founder of the Switzer Super Report, Hall of Fame stockbroker and the founding boss of a 'pretty' successful business called CommSec (please note the intentional understatement) Paul Ric...
By Luke Burgess, Investment U ResearchMost investors are skeptical when you tell them that they can actually buy silver below spot prices.
Australian mining giant Rio Tinto (ASX: RIO) announced on Thursday that it will declare some redundancies on its Clermont Mine in central Queensland which has a total of 770 workers and opened only in 2010.
By Greg PeelThe Dow rose 34 points or 0.3% while the S&P gained 0.3% to 1373 and the Nasdaq added 0.8%.
By Adrian Ash at BullionVaultEven paying July/August's top price for gold has averaged 5.1% returns by New Year's since 1968.
Flexible Investing to Become a Relaxed Investor
According to reports from a Business Magazine released on Monday, Marks & Spencer, a retailer for Bellwether, has recorded its worst sales performance for a quarter in a period of three and a half years. This year recorded the wettest April and June months and hammered the trade of women’s wear since records for them have been kept.
By Greg PeelThe Dow rose 103 points or 0.8% while the S&P gained 0.7% to 1372 and the Nasdaq jumped 1.
