POLITICS & POLICY

Australian Dollar Outlook - 10/04/2012

Bell FX Currency Outlook: The Australian Dollar has been under pressure the past few days following the RBA rate cut and weaker data releases. Local data released today will again provide the AUD's direction for the day session.
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Funny Memes: The Humour of the Nerds and the Geeks

"Smart is the new sexy," says the hit CBS sitcom about geek scientists, "The Big Bang Theory," one of the best comedy series today. Brainy people can be very funny, indeed. Perhaps the reason why there are several nerd and geek memes making the rounds on the internet is because the funniest memes are created by the nerds and the geeks themselves.

Congo, Cameroon Create Mbalam Iron-Ore Supervising Team

The republics of Congo and Cameroon have created a joint team to supervise the management of the iron ore deposits that are located along their common border as the owner of the Mbalam iron-ore project has been in an inconclusive takeover bid.

Qantas Divests StarTrack Freight Business to Australia Post

Australia Post, wanting to capture majority of the pie that caters to the growing online shopping activities of Australians, will acquire 50 per cent of Qantas Airways Ltd's freight business StarTrack for A$408 million ($422 million).

Global Markets Overview -10/02/2012

Stocks Monday started the fourth quarter mostly higher after a report showed an unexpected expansion in September U.S. factory activity. The Dow Jones Industrial Average climbed 77.98 points, or 0.6%, to 13515.11, following its biggest weekly loss since the week ended June 1. The blue-chip benchmark trimmed gains heading into Monday's close, after climbing as much as 161 points earlier in the day.

Australian Dollar Outlook - 10/02/2012

Bell FX Currency Outlook: The Australian Dollar has held steady following comments from Federal Reserve Chairman Ben Bernanke who noted, amongst other things, the Federal Reserve is watching developments in Europe closely. Today the focus in Asia is on the outcome of the RBA meeting.

Australian Dollar Outlook - 09/28/2012

Bell FX Currency Outlook: The AUD is likely to range trade today following on from overnight events. Positive steps in Greece and Spain saw market take a positive tone.

Same-Sex Marriage Bill in Tasmania Loses

The same-sex marriage bill in Tasmania suffered on Thursday the same fate its federal counterpart experienced when it was rejected by state lawmakers. The fate of the controversial measure was sealed when the 8th member of the 15-member Legislative Council voted against the bill.

Australian Dollar Outlook - 09/27/2012

Bell FX Currency Outlook: The Australian Dollar is steady this morning after falling to its lowest level in more than two weeks on renewed concerns about the euro zone sovereign debt crisis.

New Zealand’s Fonterra’s 2012 Payout Down 19%

New Zealand dairy company Fonterra Co-Operative Group Ltd. on Wednesday said its payout to farmer shareholders will fall by 19 per cent as net revenues for the 2011-12 season had remained flat at $19.8 billion.

New Home Constructions Down 7.3% in 2011/12

A new research by the Housing Industry Association (HIA) titled 'HIA-COLORBOND® steel Housing 100 Report' has shown that the number of new houses constructed by Australia's top 100 builders have fallen to an equivalent 7.3 per cent to 48,130 in 2011/12, the group's lowest level since 1996/97.

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