Top banana slips up
JULIAN LEE AND ERIC JOHNSTON |
Will Westpac CEO Gail Kelly's brand survive the rate rise and smoothie scandal to continue to 'delight customers' and restore confidence?
Chinese numbers fire up confidence
CLANCY YEATES | China's economic recovery is gathering momentum, with industrial activity and spending rising.
Rio brings in old hand to reach China deal
MATHEW MURPHY |
Rio Tinto has sidelined its chief iron-ore negotiator as it prepares to enter into another potentially bruising round of price talks.
Councils face Lehman High Court challenge
CLANCY YEATES | Municpalities that lost millions of dollars from Lehman Brothers investments face a High Court challenge.
Murdoch closes book on media group
JAMIE FREED |
Lachlan Murdoch has abandoned a consortium that yesterday bought a group of publications, including The Hollywood Reporter.
- Buffetted KKR looks to Omaha for inspiration
- AWB wins papers appeal
- Call for law change on commissions
- Firepower boss points to advice
- Everest founders backflip on cash pledge
- Lawyers to pay $9m for conspiring to lure away clients
- Court to examine bid for action against PwC
- Amcor set for shake-up
- Coal terminal backed
- Toyota moves on exports
- Corporate chiefs sell, mostly at a handsome profit
- More Business News and Views
| ASX 200 | 4635.227 | 28.635 | 0.62% |
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| Dow Jones | 10405.83 | 68.78 | 0.67% |
| Nasdaq | 2188.95 | -1.91 | -0.09% |
| Hang Seng | 21902.11 | 202.07 | 0.93% |
| NZ 50 | 3127.984 | -4.3 | -0.14% |
Data delayed by 20 mins.
Business News Wire
12:06AM Creditors reject Ssangyong's rescue plan
12:01AM Porsche to extend short-time work
7:20PM Bidding opens for Iraqi oil fields
Evicting cybersquatters
Big brands are about to find the fight against brandjacking, cybersquatting and phishing much tougher thanks to new regulations that allow URLs to be created in languages other than English.
- C-Level: Outsourcing on steroids
- C-Level: A long work hours culture
- C-Level: Good times for fraud
- More C-Level
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Shares pare weekly loss
4:19pm |
Australian shares end the week with a gain but not enough to prevent the benchmark index notching its third weekly loss in the past month.
Future Fund leads the charge
Insider Bids for the ING Retail Property Fund were lodged yesterday, and the Government's Future Fund is in there.
- Insider Now for the power struggle
- Insider Book sold, AWB looks offshore
- Insider PaperlinX shredded in Tasmania
- Insider Alinta struggles to pay the gas bill
- Insider CFS takes knife to Myer store
Video
Peeling away Westpac's banana
Janine Perrett discusses Westpac's slip up in releasing an animation trying to justify higher interest rates. (02:55)
World Business
China's recovery gains momentum
2:44pm |
China's economic recovery picked up in November as industrial output, retail sales and investment all showed solid growth and consumer prices saw their first increase in 10 months.
- Boeing's 787 finally nears take-off
- US trade gains outweigh job worries
- US unlikely to get AIG, General Motors aid back
- EU leaders blast fat cat bankers
- Goldman Sachs in bid to head-off bonus anger
- UN talks on $US25b tropical forest fund
- US budget deficit continues to mount
- Bank of England sticks to $356b bond plan to revive economy
- More World Business
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Iraq takes bids for oil fields
The world's largest energy companies are set to bid to develop Iraq's oil fields, with some of the world's largest untapped reservoirs on the block.
Comment & Analysis More Comment & Analysis
Undervalued retailer needs all the love it can get
ELIZABETH KNIGHT |
A few weeks ago when the Tax Office attempted a raid on the bank accounts of private equity firm TPG it only enhanced the perception that Myer had been milked and the business would struggle to grow.
- Ian McIlwraith In a world of disclosure and scrutiny, FIRB fails
- Ross Gittins Henry's report should strike a blow for tax simplicity
- David Symons Gold's record run may not be over yet
- Annette Sampson An investment in 'cash' is not like money in the bank
- Marcus Padley Fund not super? Invoke the Magnificent Seven
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Policy makers are abandoning small business
MICHAEL BAKER 9 Dec |
Rates are rising, the Reserve Bank is whistling a merry tune. But for small retailers, the idea that things are on the mend must seem ridiculous.
- Memorable moments of 2009
- Reserve governor warns of more mortgage rises
- Adele Ferguson One step back for womankind
- Spending 'Tis the season for soft fraud
- Well Heeled Dear Westpac customers; we're greedy. Sorry.
- Enterprise A little awkward
- More Small Business
Pictures: year in review
In the Pink: the business events, issues and entrepreneurs that shaped the year.
Money Planning | Investment | Banking | Property | Superannuation | Tax | Tools
Thorny issue for borrowers
9 Dec |
During the next 12 months interest rates will continue to rise, so now is the time to get your mortgage in order.
