Australia's manufacturing sector rebounds in June
The manufacturing sector in Australia has begun its positive production kick in four months in spite the difficulties in coping with the high value of the Australian dollar and subdued local demand.
Australian Stock Market: On cautiously optimistic trend
Investors at the Australian Stock Market is expected to rebound albeit cautiously at today's trading. Here are the views of two of the top market analysts on how the market will likely perform on 4 July, Monday.
PM Gillard: Carbon tax only temporary
Prime Minister Julia Gillard has soften her tone and argued with new semantics to push for the carbon tax.
Australia's Lynas Urged to Have More Environment Safeguards
An independent team studying the environmental impact of Australia's Lynas Corp.'s proposed rare earths facility in Malaysia said more safety measures need be in place.
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.
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.
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.
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.
Actress Michelle Yeoh barred entry to Myanmar
The Myanmar government has blacklisted Hollywood actress Michelle Yeoh on its immigration list barring her entry to the country.
Many Australians unprepared for retirement --study
Australia still needs to spur its campaign to urge citizens to prepare for retirement, a new research done by Roy Morgan said in order to achieve a 90 percent average confirming plans for the said years.
Aussie share market, dollar step up
At lunch the Australian share market is having a much better day, with the All Ordinaries index (XAO) around 0.4 pct or 19.7 pts higher to 4533.5. Close to all sectors are higher, with gains from the banks and miners helping to keep the market in positive territory.
Sunflowers to decontaminate Japan's radioactive soil
Environment campaigners in Japan are asking the public to plant sunflowers to help decontaminate the soil of whatever radioactive material that seeped through the ground.
Carbon tax: Australia willing to shoulder financial burden, extend public relief
Admittedly would weigh on household budgets, the Australian government has volunteered to share some of the financial burden entailed by the proposed carbon tax.
IMF: Australia supports Cartens bid
International Monetary Fund's top contender for managing director Agustin Carstens had won the support of Australia and Canada as against rival French Minister Christine Lagarde.
Australian Gov't ready for counter-offensive vs tobacco firms
The Australian government is prepared for the counter-offensive as leading cigarettes firm Philip Morris takes legal action against a planned marketing prohibition in the country.
Exit fees ban: Australia's small, non-bank mortgage lenders to offer better rates
The organisation of small non-bank lenders in Australia will continue the battle to extend competitive mortgage fees as against the big banks in spite the leveling of exit fees, the industry-led Mortgage & Finance Association of Australia (MFAA) said.
Australia's renewable energy industry: Senate inquiry balanced and reasonable
Australia's renewable energy industry has welcomed Thursday's report of the Senate Inquiry into the Social and Economic Impact of Rural Wind Farms, saying it provided no reason to stop the roll out of this important
clean energy technology.
Australia's PM Gillard paying price for unpopular carbon tax
Australia's Prime Minister Julia Gillard is celebrating her first year in government with almost 60 percent of citizens wary of extending support to reforms she wanted to undertake specifically a carbon emissions tax deemed unpopular in an economy fueled by the mining sector.
Market expectations: Market leads to flat trading
The Australian stock market is seen receiving a little shove from the negative leads over volatile overnight sessions in the US and European stock markets. The ASX is seen performing modestly on Friday.
Perseus Mining's Central Ashanti Gold completes $85M credit drawdown
Perseus Mining Limited (ASX/TSX: PRU) has drawn down US$85M under a Project Finance Facility for the completion of the company's Company's Central Ashanti Gold Project ("CAGP") in Ghana, Africa.
IT Developer AVG warns Australia, NZ citizens of internet tax scams
Company software developer AVG (AU/NZ) Pty Ltd, has warned Australians of the persisting personal identity theft as more scams might develop and are being created for the tax return season starting on 1 July.
Pregnant smokers increases risk of children with heart ailments
Women who smoke while pregnant increase their child's risk of heart attack or stroke by up to 20 percent, a new study has found.
Australian Household Spending Trend: More Cautious, Debt-Wary
Australian consumers have been carefully weighing their spending and priorities have been set to stop themselves from buying things that are unnecessary.
IAEA study on Australia's rare earths plant out 30 June
Malaysia's appointed independent panel investigating the environmental impact of the Australian rare earths plant in the country has completed its work and is set to issue its findings by end of the month.
Tata Steel gives up Riversdale stake to Rio Tinto
India's Tata Steel has accepted the takeover offer of Rio Tinto for the Riversdale Mines in Africa, allowing the London-based mineral producer to have an edge over iron ore grade coal produced by Riversdale.
Australian companies warned of possible cyber security breach
Australian companies are warned of the cyber security breach potential now that exposes critical information that now demands more attention.
Borders Group avoids further job cuts, store closures
Remaining employees of Borders Group Inc will be spared being laid off as the company reached a deal with its lenders that would avoid closing more stores.
LulzSec's Hacking Continues, Who is next?
LulzSec has an ancient Greek sailboat mimicking the Odyssey, with a distinctive sail "LOL" on its webpage. Recently, it has indeed rammed through firewalls of companies including Sony Corp. and has even threatened the United States government websites.
RBA's Stevens: Higher benchmark rates appropriate soon
Australia's Reserve Bank Governor Glenn Stevens has hinted on further benchmark rate adjustments to soften the impact of inflation rates as the economy will continue to accelerate with the mining industry boom.
Australia's consumers wiser than ever
The uncertain times have made Australian consumers less of a spendthrift and all the more of the conservative shopper preferring to stay clear of debts and save as much from their pocketed incomes.