Business News
Rate rise due to robust economy, inflation
STRONGER economic activity, rising inflation were key to RBA decision to lift cash rate, says board meeting minutes.
Dollar falls 0.2 US cents on RBA minutes
THE dollar falls almost 0.2 of a US cent after RBA releases minutes from its boardroom meeting discussing the official cash rate.
Ireland in eurozone talks over debt woes
THE EU says Dublin's debt problems were "concerning for whole euro area" as the country denied it was seeking a bailout.
Westpac CEO takes $1m pay cut to $9.5m
WESTPAC'S Gail Kelly takes $1.12m pay cut, but still earned $9.5m as bank posts record profit.
Companies on prowl for offshore assets
MORE cashed-up Australian companies expected to make major foreign acquisitions in coming months.
Business Breaking News
Most Read
- China's top banks stop real estate lending
- Oil 'to run out 100yrs before new fuels'
- Westpac CEO takes $1m pay cut to $9.5m
- Ireland in eurozone talks over debt woes
- Ireland, Portugal, Greece tip eurozone
- Aristocrat sued by US company
- Dollar falls 0.2 US cents on RBA minutes
- Dollar opens higher as Ireland fears ease
- AMP moves to carve-up AXA
- Greece admits breach of bailout terms
- Jet 'handled explosion well' Aviation
- Junior chefs take Ten to ratings win Media
- RBA to weigh mortgage costs for rates Banking & Finance
- Sandfire seeks $102m from raising Mining & Energy
- Stocks flat as resources drag Financial Markets
Opinion
Criterion
Pickings from cotton replace water winnings
MUCH water has passed under the bridge, literally, since we last looked at the Murray-Darling Basin irrigator a year ago.
John Durie
Axa and AMP are a logical fit
RIVAL financial services companies have courted National Mutual/Axa for over two decades only to fall at the altar.
leading and managing
Lovesick Immigration emailer to keep job
DEPARTMENT worker won't face sack for emailing entire workplace to track down girl he met at a party.
Warning: What goes online stays online
JOB-seekers told to clean up their Facebook profiles or risk being overlooked by employers - because companies are watching.
Overworked Aussies want a break
CALL for 35 hour week to ease pressure on full-timers and create 400,000 jobs for under-employed.
Chain stores hunt young business owners
GENERATION Y with little cash but lots of get-up are sought after by chains such as Bakers Delight.
planning and starting
'Best Aussie start-ups' in South Australia
SMALL firms in South Australia had the nation's strongest business and cash flow conditions in the September quarter.
Shops under fire for credit card fee rise
NSW calls on retailers to disclose their credit card charges after sharp rise in fees.
Business owners 'repeat plan for success'
ASK AN EXPERT: What should you do after you've missed the targets set for your business one too many times?
Thousands of firms folding each quarter
DESPITE the economic recovery, cash flow is still only trickling in for many businesses, spelling death for many.
Stock Quotes
Market Charts at 12:00AM
| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Hang Seng | 24222.58 | -477.72 | -1.93 |
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| ASX200 | 4692.4 | +4.4 | +0.09 |
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| All Ords | 4776.4 | +3.1 | +0.06 |
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| Nikkei | 9827.51 | -33.95 | -0.34 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| DJIA | 11201.97 | +9.39 | +0.08 |
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| S&P; 500 | 1197.75 | -1.46 | -0.12 |
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| S&P; 100 | 539.62 | -0.59 | -0.11 |
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| NASDAQ | 2131.48 | -6.47 | -0.3 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| CAC 40 | 3864.24 | +33.12 | +0.86 |
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| DAX 30 | 6790.17 | +55.56 | +0.82 |
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| FTSE | 5820.41 | +23.54 | +0.41 |
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| Euro Top100 | 2328.92 | +17.81 | +0.77 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| AUD/USD | 0.985 | -0.0 | -0.03 |
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| Switch to Chart | Points | Change | Percent |
|---|---|---|---|
| Oil | 84.86 | -0.01 | -0.01 |
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ASX200 - Top Gainers & Losers at 12:12PM
| Code | Name | Price | Percent |
|---|---|---|---|
| ELD | Elders Limited | 0.665 | 6.4% |
| CDU | CuDeco | 3.85 | 6.35% |
| SRL | Straits Resourc.. | 2.2 | 5.76% |
| IGO | Independence Gr.. | 6.87 | -2.83% |
| OGC | OceanaGold | 3.5 | -2.78% |
| GMPPA | Goodman Plus | 76.0 | -2.57% |
Commodities
| Name | Price | Change | Percent |
|---|---|---|---|
| Gold | 1359.49 | -6.86 | -0.5% |
| Oil | 84.86 | -0.01 | -0.01% |
| Lead | 2430.0 | -66.25 | -2.65% |
| Copper | 8670.0 | +42.0 | +0.49% |
