Australia: Jobs Weak, Economy Booms, Rates Down
At the end of a big week for the Australian economy, there are definite signs the jobs market is going sour.
HR Among Five Fastest Growing Sectors: SEEK
New figures released by SEEK today have revealed that job ad growth has increased across Victoria, Queensland, Western Australia and South Australia - and HR is among the top industries experiencing jobs growth.
Philippine Property Prices Rising Again!
House prices in the country are rising again, as buyers become optimistic about the Philippine economy.
Homeside Separation Right Approach: Flavell
NAB Broker's John Flavell has defended the separate positioning of Homeside products and the bank's branch-based offerings.
Filling Gaps 'Logical Place' for Non-Banks
Funding pressures mean non-banks won't be able to compete on price in 2012, but Firstfolio's Mark Flack has said this is nothing new for the industry.
Crowds are Australia’s Future
A new trend is taking corporate Australia by storm, and is tipped to become a central problem-solving strategy in the future of business and society.
Why Did America's Property Bubble Burst? Here Are 8 Reasons...
The global property markets are imploding, and fast. The strain that first found its footing in the U.S has now truly gone viral. From Dubai to Denmark, developers have been left reeling, while national exchequers struggle to hold ground.
Asia: ADB Cuts 2011, 2012 Forecasts For East Asia, Asia
The Asian Development Bank has trimmed its 2012 growth forecast for emerging East Asian economies including China, as the eurozone crisis threatens to further slow an already weakening global economy.
Markets: Capital Raisings, Listings Fall, Fed Govt. Orders Review Of Annual Meetings
The market turmoil in November, ignoring the stellar final three days of the month, has had an impact on not only the performance of the market, but also on IPOs and other fund raising.
The Economy: RBA Cuts As Europe’s Woes Increase, Growth Data Out Today
The RBA yesterday cut the cash rate to 4.25% from 4.50%, its second successive rate cut, a move that also has the whiff of being linked to the series of moves last week by major central banks, and this Thursday night's widely expected rate cut from the European Central Bank.
World's Most Expensive Family House - Antilia (Mumbai) Lays Empty! Now the World's Biggest Waste
Unbelievable.That is the only word fit to describe the fact that the world's tallest, most luxurious, lavish and downright most expensive single-family home has been left lying empty for what is now more than a year since its completion.
Gillard and Joyce testing their Leadership Mettle
Climate change policy led to the demise of John Howard, Kevin Rudd and Malcolm Turnbull – but not Julia Gillard, yet, as the carbon tax legislation was approved.
GM Offers to Buy Back Chevrolet Volt After Crash Fires
General Motors will buy back Chevrolet Volts from owners who are concerned their plug-in hybrid cars could catch on fire.
Monarch Airlines Selects Goodrich SmartDisplay® Electronic Flight Bag System
Monarch Airlines Limited has selected Goodrich Corporation to provide SmartDisplay® Electronic Flight Bags (EFB) for its Airbus A300, A320, A321 and A330 aircraft.
MINI, Lexus Top J.D. Power Sales Satisfaction Survey
MINI and Lexus have been rated the top brands for sales satisfaction among new-car customers in the US.
How Reinvested Dividends Can Double Your Return in Stocks
Last week in The Daily Reckoning, Greg Canavan and Dan Denning wrote about how owning shares that pay you to own them will be key to your investment success in the coming years.
Honda Recalls 917,267 More Cars Over Airbag Defect
Honda has announced a global recall of 917,267 vehicles over an airbag defect that has caused at least 20 injuries. The action adds to previous recalls that were issued to address the same problem, resulting in a total of 2.8 million cars being affected.
Germany’s House Price Rises Continue
Another indicator, the hedonic price index rose 2.0% y-o-y to August 2011 (-0.42% in real terms) according to Hypoport AG.
Global Housing Markets Struggling
The world's housing markets had a weak third quarter of 2011, according to the latest survey of world-wide house price indices prepared by the Global Property Guide. During the year to end Q3 2011, house prices fell in 25 countries, of the 44 countries for which quarterly house price statistics are available, and rose in only 19 countries.
Aim for a Roast, not a Roasting this Christmas
As the December social calendar fills up with Christmas parties, leading workplace consultants have warned that the risks presented by unregulated online chatter by employees should not be underestimated.
IKEA Shanghai: Love in the MDF Coffee Table Aisle
No matter how you may feel about IKEA's environmental policies, one thing's for sure: Eligible seniors in Shanghai simply adore the store's cafeteria where they descend, en masse, for weekly 'romance sessions.'
Going Green When it's Your Time to Go
From biodegradable coffins to tree-sprouting urns, eco-friendly burials offer a way for those who live green to also die green.
ABA Comes to Aid of Stressed Borrower
Homeowners in financial stress are receiving advice from what may seem an unlikely source: the Australian Bankers' Association.
Refund Eyeing Sale Before Christmas
The administrator of Refund Home Loans has claimed the business could sell before Christmas.
Best Practice: Promote Health and Wellbeing Initiatives
Promoting wellbeing in the workplace and fostering a culture of understanding has well documented benefits for the business bottom line, namely by getting the best from employees, but according to workplace psychology experts effective management remains lacking in this area.
Refund Franchisees Safe, Say Administrators
Refund Home Loans' administrator has assured franchisees that a wind up resolution will only affect a shell company, not Refund Home Loans' businesses.
Europe: Decision Week Looms
As pointed out in the Diary (see below), the coming week is going to be crucial for the future of the euro and Europe's slumping economy.
Markets: Best Week For Three Years, But Will It Last?
World stocks edged higher on Friday, ending the best week since March 2009 as the great relief rally of 2011 halted for a breather ahead of the decisive week ahead.
Diary: Australian Growth, Rates, Jobs
The flow of economic data and decisions will perhaps be the most important week this year and for the early months of next year for the global economy, and especially Europe and Australia.
Employers Left to Foot the Bill
Recruitment agencies and employers reliant on overseas talent are facing tough times ahead after the announcement yesterday that the Living Away From Home Allowance (LAFHA) will be phased out for overseas workers on a 457 business visa.