http://bigpondnews.com/rssfeed/Finance/ Latest Finance articles. en Mon, 21 May 2012 23:24:39 GMT http://bigpondnews.com/articles/Finance/2012/05/22/US_shares_solid_gains_not_Facebook_752720.html US shares have racked up strong gains with the Nasdaq adding nearly 2.5 per cent helped by an Apple surge. Mon, 21 May 2012 21:30:54 GMT http://bigpondnews.com/articles/Finance/2012/05/22/US_shares_solid_gains_not_Facebook_752720.html http://bigpondnews.com/articles/Finance/2012/05/22/European_stocks_rebound_on_G8_support_752695.html Euro stock markets have rebounded as G8 support for Greece to remain in the eurozone boosts sentiment. Mon, 21 May 2012 20:21:02 GMT http://bigpondnews.com/articles/Finance/2012/05/22/European_stocks_rebound_on_G8_support_752695.html http://bigpondnews.com/articles/Finance/2012/05/22/Spain_names_firms_to_value_uneasy_banks_752694.html Spain says it has hired two consultancy firms to audit its banks, but denies any need for a foreign bailout. Mon, 21 May 2012 20:21:01 GMT http://bigpondnews.com/articles/Finance/2012/05/22/Spain_names_firms_to_value_uneasy_banks_752694.html http://bigpondnews.com/articles/Finance/2012/05/22/JPMorgan_suspends_share_buyback_plans_752693.html JPMorgan Chase CEO Jamie Dimon has said the bank is suspending plans to buy back its own stock. Mon, 21 May 2012 20:20:59 GMT http://bigpondnews.com/articles/Finance/2012/05/22/JPMorgan_suspends_share_buyback_plans_752693.html http://bigpondnews.com/articles/Finance/2012/05/21/WA_uranium_mine_approved_by_EPA_752587.html WA's first uranium mine is a step closer to being built but opponents say the proposal is not a done deal. Mon, 21 May 2012 09:42:26 GMT http://bigpondnews.com/articles/Finance/2012/05/21/WA_uranium_mine_approved_by_EPA_752587.html http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_up_5_on_TMA_takeover_bid_752582.html Shares in PMP gained more than 5pc after the company confirmed TMA is behind a takeover bid. Mon, 21 May 2012 09:37:28 GMT http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_up_5_on_TMA_takeover_bid_752582.html http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_cuts_500_maintenance_jobs_752580.html Qantas Airways has flagged more job losses after confirming it will cut 500 maintenance positions. Mon, 21 May 2012 09:35:17 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_cuts_500_maintenance_jobs_752580.html http://bigpondnews.com/articles/Finance/2012/05/21/A_rises_slightly_on_Spanish_news_752566.html The Australian dollar has lifted slightly to remain back above US 98 cents after its recent big drop. Mon, 21 May 2012 09:08:06 GMT http://bigpondnews.com/articles/Finance/2012/05/21/A_rises_slightly_on_Spanish_news_752566.html http://bigpondnews.com/articles/Finance/2012/05/21/Toro_tipped_for_WAs_first_uranium_mine_752552.html Western Australia could be a step closer to getting its first uranium mine. Mon, 21 May 2012 08:05:51 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Toro_tipped_for_WAs_first_uranium_mine_752552.html http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_aims_for_Aust_market_share_752550.html James Hardie fears Australia's soft housing market will be a drag on the company's earnings this year. Mon, 21 May 2012 08:02:57 GMT http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_aims_for_Aust_market_share_752550.html http://bigpondnews.com/articles/Finance/2012/05/21/Aust_Malaysia_to_sign_free_trade_deal_752544.html Trade Minister Craig Emerson heads to Malaysia to sign a new free trade agreement. Mon, 21 May 2012 07:35:57 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Aust_Malaysia_to_sign_free_trade_deal_752544.html http://bigpondnews.com/articles/Finance/2012/05/21/Chinese_company_to_buy_theatre_chain_752535.html A Chinese company has announced it will buy US cinema chain AMC Entertainment Holdings for $US2.6 billion Mon, 21 May 2012 07:13:58 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Chinese_company_to_buy_theatre_chain_752535.html http://bigpondnews.com/articles/Finance/2012/05/21/NZ_airline_ownership_change_proposed_752532.html The New Zealand government is proposing removing limits on foreign ownership of its nation's airlines. Mon, 21 May 2012 07:09:51 GMT http://bigpondnews.com/articles/Finance/2012/05/21/NZ_airline_ownership_change_proposed_752532.html http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_calls_on_unions_to_back_job_cuts_752522.html Qantas CEO Alan Joyce has called on unions to back the airline's plan to axe 500 engineering jobs. Mon, 21 May 2012 06:59:33 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_calls_on_unions_to_back_job_cuts_752522.html http://bigpondnews.com/articles/Finance/2012/05/21/Australian_shares_close_higher_752517.html After big drops last week, Australian shares have closed around three-quarters of a per cent higher. Mon, 21 May 2012 06:46:38 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Australian_shares_close_higher_752517.html http://bigpondnews.com/articles/Finance/2012/05/21/Orica_announces_ammonium_nitrate_plant_752511.html Orica has announced it will build an $A815.87 million ammonium nitrate plant in Western Australia. Mon, 21 May 2012 06:25:12 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Orica_announces_ammonium_nitrate_plant_752511.html http://bigpondnews.com/articles/Finance/2012/05/21/Elders_returns_to_profit_in_first_half_752509.html Elders has returned to profitability, boosted by a large tax win. Mon, 21 May 2012 06:22:10 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Elders_returns_to_profit_in_first_half_752509.html http://bigpondnews.com/articles/Finance/2012/05/21/Retravision_buyer_chooses_administrators_752502.html Over 100 Retravision stores in Victoria, NSW and Tasmania has gone into voluntary administration. Mon, 21 May 2012 05:21:20 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Retravision_buyer_chooses_administrators_752502.html http://bigpondnews.com/articles/Finance/2012/05/21/Campbell_Bros_profit_continues_to_grow_752497.html Laboratory group Campbell Brothers' full year profit is up 68 per cent and the company expects more growth. Mon, 21 May 2012 05:15:55 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Campbell_Bros_profit_continues_to_grow_752497.html http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_in_trading_halt_on_TMA_bid_752495.html Shares in PMP have been placed in a trading halt amid speculation that TMA is behind a bid for the company. Mon, 21 May 2012 05:13:45 GMT http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_in_trading_halt_on_TMA_bid_752495.html http://bigpondnews.com/articles/Finance/2012/05/21/A_grinding_higher_as_pessimism_wanes_752441.html The Australian dollar is bouncing back from six-month lows as the market mood improves. Mon, 21 May 2012 03:03:08 GMT http://bigpondnews.com/articles/Finance/2012/05/21/A_grinding_higher_as_pessimism_wanes_752441.html http://bigpondnews.com/articles/Finance/2012/05/21/Shares_up_almost_05_after_G8_752439.html AUS share market was almost half a per cent higher after leaders said they want Greece in the euro zone. Mon, 21 May 2012 02:52:50 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Shares_up_almost_05_after_G8_752439.html http://bigpondnews.com/articles/Finance/2012/05/21/Bond_prices_back_away_from_record_highs_752437.html The Aust bond market has opened the week slightly weaker following last week's record-breaking rallies. Mon, 21 May 2012 02:46:18 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Bond_prices_back_away_from_record_highs_752437.html http://bigpondnews.com/articles/Finance/2012/05/21/Orica_to_build_plant_in_the_Pilbara_752401.html Orica is part of a joint venture that will build a $A815.87m ammonium nitrate plant in WA Pilbara region. Mon, 21 May 2012 01:34:05 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Orica_to_build_plant_in_the_Pilbara_752401.html http://bigpondnews.com/articles/Finance/2012/05/21/Elders_posts_405m_first_half_profit_752398.html Agribusiness Elders has returned to profitability with a $40.5m profit in the six months in March. Mon, 21 May 2012 01:19:07 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Elders_posts_405m_first_half_profit_752398.html http://bigpondnews.com/articles/Finance/2012/05/21/Spain_to_pick_bank_audit_firms_752396.html Spain will pick two independent auditing firms to look at how the banks are exposed to the real estate. Mon, 21 May 2012 01:14:33 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Spain_to_pick_bank_audit_firms_752396.html http://bigpondnews.com/articles/Finance/2012/05/21/Most_precious_metals_close_higher_752392.html Gold futures have climbed for a second day on Friday, erasing this week's losses. Mon, 21 May 2012 01:10:43 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Most_precious_metals_close_higher_752392.html http://bigpondnews.com/articles/Finance/2012/05/21/Aust_shares_open_high_752374.html The Australian share market has opened more than half a per cent higher. Mon, 21 May 2012 00:37:24 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Aust_shares_open_high_752374.html http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_profit_beats_expectations_752357.html James Hardie has posted a $US604.3m full year net profit, with the result boosted by a recent legal victory. Sun, 20 May 2012 23:48:01 GMT http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_profit_beats_expectations_752357.html http://bigpondnews.com/articles/Finance/2012/05/21/Australia_to_boost_Afghanistan_aid_752343.html Australia will boost its aid to Afghanistan as part of an agreement signed by the PM and her US counterpart. Sun, 20 May 2012 23:12:40 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Australia_to_boost_Afghanistan_aid_752343.html http://bigpondnews.com/articles/Finance/2012/05/21/Workers_comp_to_cause_job_losses_752328.html A NSW business group says almost 13,000 jobs will be lost if workers compensation premiums are to increase. Sun, 20 May 2012 22:33:53 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Workers_comp_to_cause_job_losses_752328.html http://bigpondnews.com/articles/Finance/2012/05/21/Key_overseas_finance_markers_752321.html The stock market in NY has closed lower, with final figures for the Dow Jones Industrial Average down. Sun, 20 May 2012 22:09:37 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Key_overseas_finance_markers_752321.html http://bigpondnews.com/articles/Finance/2012/05/21/A_higher_after_G8_comments_752319.html The Australian dollar rebounded from its six-month lows after G8 leaders vowed to promote growth. Sun, 20 May 2012 22:08:29 GMT http://bigpondnews.com/articles/Finance/2012/05/21/A_higher_after_G8_comments_752319.html http://bigpondnews.com/articles/Finance/2012/05/21/Base_metals_close_mixed_752318.html Base metals closed mixed on London Metal Exchange on Friday, buoyed by investors closing short positions. Sun, 20 May 2012 22:02:17 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Base_metals_close_mixed_752318.html http://bigpondnews.com/articles/Finance/2012/05/21/Thomson_will_ask_to_be_left_alone_752316.html A senior Labor figure says he expects embattled MP Craig Thomson to ask parliament to leave him alone. Sun, 20 May 2012 21:58:45 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Thomson_will_ask_to_be_left_alone_752316.html http://bigpondnews.com/articles/Finance/2012/05/21/NATO_shifting_to_help_peace_in_Afghan_752312.html The US President has warned of 'hard days' ahead in Afghanistan as world leaders open NATO summit talks. Sun, 20 May 2012 21:39:55 GMT http://bigpondnews.com/articles/Finance/2012/05/21/NATO_shifting_to_help_peace_in_Afghan_752312.html http://bigpondnews.com/articles/Finance/2012/05/21/A_rebounds_from_six-month_low_752295.html The Australian dollar has rebounded from its six-month low, trading at 98.39 US cents. Sun, 20 May 2012 20:42:26 GMT http://bigpondnews.com/articles/Finance/2012/05/21/A_rebounds_from_six-month_low_752295.html http://bigpondnews.com/articles/Finance/2012/05/21/Aust_share_market_may_open_flat_752266.html The Australian share market is likely to open flat to slightly weaker today. Sun, 20 May 2012 19:16:18 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Aust_share_market_may_open_flat_752266.html http://bigpondnews.com/articles/Finance/2012/05/21/Strata_responsibilities_unclear_-_study_752265.html Residents and owners of strata titled homes in NSW need better support and clearer explanations - study. Sun, 20 May 2012 19:14:50 GMT http://bigpondnews.com/articles/Finance/2012/05/21/Strata_responsibilities_unclear_-_study_752265.html http://bigpondnews.com/articles/Finance/2012/05/21/More_than_400_jobs_to_go_at_Qantas_752262.html Qantas is expected to announce that more than 400 heavy maintenance jobs will be cut at Tullamarine Airport. Sun, 20 May 2012 19:09:37 GMT http://bigpondnews.com/articles/Finance/2012/05/21/More_than_400_jobs_to_go_at_Qantas_752262.html http://bigpondnews.com/articles/Finance/2012/05/20/GM_spurns_pricey_Super_Bowl_ads_752212.html General Motors says it will skip the next US Super Bowl advertising extravaganza because it's too costly. Sun, 20 May 2012 11:41:28 GMT http://bigpondnews.com/articles/Finance/2012/05/20/GM_spurns_pricey_Super_Bowl_ads_752212.html http://bigpondnews.com/articles/Finance/2012/05/20/American_recall_of_Jeep_Wranglers_752211.html Chrysler is recalling nearly 87,000 Jeep Wranglers in the US, Canada and elsewhere due to a risk of fires. Sun, 20 May 2012 11:41:27 GMT http://bigpondnews.com/articles/Finance/2012/05/20/American_recall_of_Jeep_Wranglers_752211.html http://bigpondnews.com/articles/Finance/2012/05/20/Surplus_will_help_unemployed_-_Emerson_752210.html Craig Emerson has argued the unemployed will benefit from Labor returning the budget to surplus. Sun, 20 May 2012 11:41:25 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Surplus_will_help_unemployed_-_Emerson_752210.html http://bigpondnews.com/articles/Finance/2012/05/20/Xenophon_supports_repealing_carbon_tax_752209.html Nick Xenophon has flagged supporting a repeal of the carbon tax if Tony Abbott wins the next election. Sun, 20 May 2012 11:41:23 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Xenophon_supports_repealing_carbon_tax_752209.html http://bigpondnews.com/articles/Finance/2012/05/20/WA_moving_away_from_the_east-_Barnett_752208.html Colin Barnett says WA is drifting further from Canberra and the east in the face of falling GST revenue. Sun, 20 May 2012 11:41:21 GMT http://bigpondnews.com/articles/Finance/2012/05/20/WA_moving_away_from_the_east-_Barnett_752208.html http://bigpondnews.com/articles/Finance/2012/05/20/ACTU_to_push_for_26-a-week_pay_rise_752207.html The ACTU has urged Fair Work Australia to reject any push to offset a decent payrise for low-paid workers. Sun, 20 May 2012 11:41:20 GMT http://bigpondnews.com/articles/Finance/2012/05/20/ACTU_to_push_for_26-a-week_pay_rise_752207.html http://bigpondnews.com/articles/Finance/2012/05/20/Unions_launch_WorkCover_campaign_752206.html NSW Unions have launched a campaign opposing state government plans to clamp down on WorkCover payments. Sun, 20 May 2012 11:41:19 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Unions_launch_WorkCover_campaign_752206.html http://bigpondnews.com/articles/Finance/2012/05/20/Spanish_banks_dont_need_rescue_752205.html Spanish Prime Minister Mariano Rajoy says he doesn't think his country's banks will need a European rescue. Sun, 20 May 2012 11:41:17 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Spanish_banks_dont_need_rescue_752205.html http://bigpondnews.com/articles/Finance/2012/05/20/Greece_needs_austerity_says_Germany_752204.html Germany's Finance Minister Wolfgang Schaeuble says Greece must abide by its austerity deals. Sun, 20 May 2012 11:41:16 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Greece_needs_austerity_says_Germany_752204.html http://bigpondnews.com/articles/Finance/2012/05/20/G8_backs_Greece_papers_over_tensions_752203.html G8 leaders have expressed their wish to see Greece stay in the eurozone at a Camp David summit. Sun, 20 May 2012 11:41:14 GMT http://bigpondnews.com/articles/Finance/2012/05/20/G8_backs_Greece_papers_over_tensions_752203.html http://bigpondnews.com/articles/Finance/2012/05/20/Govt_pulls_funding_from_gay_health_group_752115.html Qld's only health organisation dedicated to the gay and lesbian community has had its funding withdrawn. Sun, 20 May 2012 03:41:34 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Govt_pulls_funding_from_gay_health_group_752115.html http://bigpondnews.com/articles/Finance/2012/05/20/NSW_premiers_entitlements_stripped_back_752113.html Retired NSW premiers are about to get less of the generous life entitlements they have previously enjoyed. Sun, 20 May 2012 03:40:58 GMT http://bigpondnews.com/articles/Finance/2012/05/20/NSW_premiers_entitlements_stripped_back_752113.html http://bigpondnews.com/articles/Finance/2012/05/20/CSR_expects_organic_growth_752111.html Building products supplier CSR Ltd expects growth to come from its existing businesses. Sun, 20 May 2012 03:39:18 GMT http://bigpondnews.com/articles/Finance/2012/05/20/CSR_expects_organic_growth_752111.html http://bigpondnews.com/articles/Finance/2012/05/20/Europes_priority_is_grown_and_jobs-_G8_752109.html President Obama says there's an 'emerging consensus' that more must be done to promote job growth in Europe. Sun, 20 May 2012 03:25:17 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Europes_priority_is_grown_and_jobs-_G8_752109.html http://bigpondnews.com/articles/Finance/2012/05/20/Aust_share_market_to_open_flat_on_Monday_752107.html Aust share market is likely to open flat on Monday as markets continue to be affected by euro zone troubles. Sun, 20 May 2012 03:19:43 GMT http://bigpondnews.com/articles/Finance/2012/05/20/Aust_share_market_to_open_flat_on_Monday_752107.html http://bigpondnews.com/articles/Finance/2012/05/19/Facebook_stock_jumps_in_public_debut_751753.html Facebook is now a public company as its stocks surge to $US42.05 on debut. Fri, 18 May 2012 20:25:08 GMT http://bigpondnews.com/articles/Finance/2012/05/19/Facebook_stock_jumps_in_public_debut_751753.html http://bigpondnews.com/articles/Finance/2012/05/18/NZ_runaway_millionairess_found_guilty_751648.html A woman has been found guilty of charges relating to an $NZ10m ($A7.78m) banking overdraft error by Westpac. Fri, 18 May 2012 10:46:26 GMT http://bigpondnews.com/articles/Finance/2012/05/18/NZ_runaway_millionairess_found_guilty_751648.html http://bigpondnews.com/articles/Finance/2012/05/18/Gillard_talks_up_Australian_economy_751646.html Julia Gillard attended a ground-breaking ceremony in Darwin for a $34 billion LNG project by Japan's Inpex. Fri, 18 May 2012 10:46:24 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Gillard_talks_up_Australian_economy_751646.html http://bigpondnews.com/articles/Finance/2012/05/18/Retravision_in_talks_over_financial_woes_751645.html Retravision is believed to be facing serious cashflow issues that have left some suppliers unpaid for stock. Fri, 18 May 2012 10:46:21 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Retravision_in_talks_over_financial_woes_751645.html http://bigpondnews.com/articles/Finance/2012/05/18/Ten_negotiating_sale_of_Eye_Corp_751643.html Ten Network Holdings is negotiating the sale its outdoor advertising business Eye Corp. Fri, 18 May 2012 10:46:19 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Ten_negotiating_sale_of_Eye_Corp_751643.html http://bigpondnews.com/articles/Finance/2012/05/18/ResMed_to_start_paying_dividends_751641.html Sleep disorder equipment supplier ResMed will begin paying dividends next financial year. Fri, 18 May 2012 10:46:17 GMT http://bigpondnews.com/articles/Finance/2012/05/18/ResMed_to_start_paying_dividends_751641.html http://bigpondnews.com/articles/Finance/2012/05/18/Credit_markets_closing_amid_Euro_woes_751640.html ANZ chief executive Mike Smith says credit markets are already closing in response to Europe's debt crisis. Fri, 18 May 2012 10:46:16 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Credit_markets_closing_amid_Euro_woes_751640.html http://bigpondnews.com/articles/Finance/2012/05/18/HP_poised_to_cut_up_to_30000_jobs_751638.html Reports say Hewlett-Packard is poised to eliminate jobs to help offset dwindling demand for PCs. Fri, 18 May 2012 10:46:14 GMT http://bigpondnews.com/articles/Finance/2012/05/18/HP_poised_to_cut_up_to_30000_jobs_751638.html http://bigpondnews.com/articles/Finance/2012/05/18/Investors_in_for_a_bumpy_ride_751637.html Australian shares reached their lowest level for 2012 on Friday in response to falls on European markets. Fri, 18 May 2012 10:45:49 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Investors_in_for_a_bumpy_ride_751637.html http://bigpondnews.com/articles/Finance/2012/05/18/A_a_chance_of_getting_back_above_parity_751628.html The Aust dollar could be trading as low as 84.00 US cents, or as high as 106.00 US cents by the end of 2012. Fri, 18 May 2012 09:41:24 GMT http://bigpondnews.com/articles/Finance/2012/05/18/A_a_chance_of_getting_back_above_parity_751628.html http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_close_sharply_lower_751627.html The Aust share market fell sharply to its lowest level for six months as investors fear euro zone troubles. Fri, 18 May 2012 09:41:22 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_close_sharply_lower_751627.html http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_close_at_2012_all_time_low_751598.html Aust shares have closed at their lowest level for 2012 in response to falls on Europe's main stock markets. Fri, 18 May 2012 06:55:47 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_close_at_2012_all_time_low_751598.html http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_continue_to_tumble_751538.html Australian stocks continued to tumble at noon after local investors panicked over the debt crisis in Europe. Fri, 18 May 2012 03:33:20 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_continue_to_tumble_751538.html http://bigpondnews.com/articles/Finance/2012/05/18/Spanish_bank_woes_send_A_lower_751537.html The Aust dollar has fallen to an six month low as fears of a worsening Euro debt crisis hit global markets. Fri, 18 May 2012 03:33:17 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Spanish_bank_woes_send_A_lower_751537.html http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_open_lower_751493.html Australian stocks have opened more than 1.5 per cent lower following more big falls on Wall Street. Fri, 18 May 2012 00:54:59 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_open_lower_751493.html http://bigpondnews.com/articles/Finance/2012/05/18/A_down_on_Euro_fears_751459.html The Aussie dollar has fallen below 99 US cents amid Eurozone fears. Thu, 17 May 2012 22:24:29 GMT http://bigpondnews.com/articles/Finance/2012/05/18/A_down_on_Euro_fears_751459.html http://bigpondnews.com/articles/Finance/2012/05/18/Big_banks_to_raise_572bn_Fitch_751440.html Fitch Ratings has warned new Basel III rules could crimp banks' ability to increase dividends. Thu, 17 May 2012 21:14:01 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Big_banks_to_raise_572bn_Fitch_751440.html http://bigpondnews.com/articles/Finance/2012/05/18/Facebook_shares_to_sell_for_US38_751439.html Facebook says it's priced its initial public offering of stock at $US38 per share. Thu, 17 May 2012 21:13:30 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Facebook_shares_to_sell_for_US38_751439.html http://bigpondnews.com/articles/Finance/2012/05/18/UK_urges_action_to_resolve_euro_crisis_751405.html British PM David Cameron has urged Europe to sort out its currency crisis. Thu, 17 May 2012 18:54:48 GMT http://bigpondnews.com/articles/Finance/2012/05/18/UK_urges_action_to_resolve_euro_crisis_751405.html http://bigpondnews.com/articles/Finance/2012/05/18/Holden_announces_new_export_car_751404.html Holdens are to make a return to the US with the production of a new Chevrolet SS performance sedan. Thu, 17 May 2012 18:54:46 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Holden_announces_new_export_car_751404.html http://bigpondnews.com/articles/Finance/2012/05/18/US_unemployment_aid_applications_steady_751403.html The number of Americans seeking unemployment benefits was unchanged last week. Thu, 17 May 2012 18:54:43 GMT http://bigpondnews.com/articles/Finance/2012/05/18/US_unemployment_aid_applications_steady_751403.html http://bigpondnews.com/articles/Finance/2012/05/18/Brent_oil_price_hits_six-month_lows_751402.html The price of Brent crude has retreated, hitting the lowest level for over five months. Thu, 17 May 2012 18:54:27 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Brent_oil_price_hits_six-month_lows_751402.html http://bigpondnews.com/articles/Finance/2012/05/18/Buffett_buys_up_US_newspapers_751401.html Warren Buffett's company has agreed to buy 63 newspapers from Media General Inc for $US142 million. Thu, 17 May 2012 18:54:25 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Buffett_buys_up_US_newspapers_751401.html http://bigpondnews.com/articles/Finance/2012/05/18/Fitch_downgrades_Greece_751400.html Fitch ratings agency has downgraded crisis-hit Greece by one notch to CCC. Thu, 17 May 2012 18:54:20 GMT http://bigpondnews.com/articles/Finance/2012/05/18/Fitch_downgrades_Greece_751400.html http://bigpondnews.com/articles/Finance/2012/05/17/BHP_Billiton_backs_away_from_venture_751311.html BHP Billiton has withdrawn from its Alita prospecting joint venture following a drilling campaign review. Thu, 17 May 2012 09:35:32 GMT http://bigpondnews.com/articles/Finance/2012/05/17/BHP_Billiton_backs_away_from_venture_751311.html http://bigpondnews.com/articles/Finance/2012/05/17/Consumer_inflation_expectations_down_751310.html The Melbourne Institute survey of consumer inflationary expectations declined 0.2% to 3.1%in May. Thu, 17 May 2012 09:35:26 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Consumer_inflation_expectations_down_751310.html http://bigpondnews.com/articles/Finance/2012/05/17/Consumers_struggle_to_pay_off_credit_751309.html Veda's latest Australian Debt Survey shows more than 2.7 million Australians struggle to repay credit. Thu, 17 May 2012 09:35:09 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Consumers_struggle_to_pay_off_credit_751309.html http://bigpondnews.com/articles/Finance/2012/05/17/SydAirport_reaffirms_guidance_751308.html Sydney Airport has reaffirmed distribution guidance at 21 cents per stapled security for calendar 2012. Thu, 17 May 2012 09:35:06 GMT http://bigpondnews.com/articles/Finance/2012/05/17/SydAirport_reaffirms_guidance_751308.html http://bigpondnews.com/articles/Finance/2012/05/17/Leighton_reviewing_disclosure_methods_751307.html Leighton Holdings has appointed independent consultants to review its disclosure procedures. Thu, 17 May 2012 09:35:04 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Leighton_reviewing_disclosure_methods_751307.html http://bigpondnews.com/articles/Finance/2012/05/17/Japan_Jan-March_GDP_up_1pc_751306.html Japan's economy grew by 1 per cent in the January to March quarter compared with the previous three months. Thu, 17 May 2012 09:35:02 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Japan_Jan-March_GDP_up_1pc_751306.html http://bigpondnews.com/articles/Finance/2012/05/17/Ave_weekly_earnings_up_11pc_751305.html Latest figures show average weekly earnings for adults working full time rose by just over one per cent. Thu, 17 May 2012 09:34:59 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Ave_weekly_earnings_up_11pc_751305.html http://bigpondnews.com/articles/Finance/2012/05/17/WA_surplus_to_hit_low_point_in_2012-13_751304.html The WA govt forecasts surpluses for the current and next four financial years but expects a dip in 2012/13. Thu, 17 May 2012 09:34:52 GMT http://bigpondnews.com/articles/Finance/2012/05/17/WA_surplus_to_hit_low_point_in_2012-13_751304.html http://bigpondnews.com/articles/Finance/2012/05/17/Australia_set_to_be_No_1_in_LNG-_Exxon_751303.html Exxon Mobil says Australia should be the world's biggest exporter of LNG by the end of the decade. Thu, 17 May 2012 09:34:49 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Australia_set_to_be_No_1_in_LNG-_Exxon_751303.html http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7b_bank_profit_751302.html Commonwealth Bank of Australia is on track to be the first of the big four to post a $7 billion FY profit. Thu, 17 May 2012 09:34:48 GMT http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7b_bank_profit_751302.html http://bigpondnews.com/articles/Finance/2012/05/17/Star_keen_to_move_on_from_Vaikunta_saga_751301.html Sydney's Star casino has been cleared of any wrongdoing in handling the sacking of former boss Sid Vaikunta. Thu, 17 May 2012 09:34:42 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Star_keen_to_move_on_from_Vaikunta_saga_751301.html http://bigpondnews.com/articles/Finance/2012/05/17/A_rises_after_Fed_hints_about_stimulus_751292.html The Aust dollar is higher but below parity, after the US Fed Reserve said it may stimulate the US economy. Thu, 17 May 2012 08:37:30 GMT http://bigpondnews.com/articles/Finance/2012/05/17/A_rises_after_Fed_hints_about_stimulus_751292.html http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_close_slightly_lower_751291.html The Aust share market closed slightly lower as Asian markets rallied and concerns about Greece's eased. Thu, 17 May 2012 08:37:27 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_close_slightly_lower_751291.html http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7bn_bank_profit_751263.html The CBA is on track to be the first of the big four to post a $7 billion full year profit. Thu, 17 May 2012 06:48:15 GMT http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7bn_bank_profit_751263.html http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_in_quiet_trade_751201.html The Aust dollar has moved higher in a quiet trading day, but remains below parity with its US counterpart. Thu, 17 May 2012 03:36:31 GMT http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_in_quiet_trade_751201.html http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_fall_again_751198.html The Australian market had lost value by noon, following weak overnight leads from the US and Europe. Thu, 17 May 2012 03:33:35 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_fall_again_751198.html http://bigpondnews.com/articles/Finance/2012/05/17/Casino_cleared_over_investigation_751168.html Star casino has been cleared of wrongdoing over its investigation of sexual harassment claims. Thu, 17 May 2012 01:38:18 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Casino_cleared_over_investigation_751168.html http://bigpondnews.com/articles/Finance/2012/05/17/Gold_futures_slump_751140.html Gold futures on Wednesday slumped for the 11th time in 13 trading sessions, ending at a 10-month low. Thu, 17 May 2012 00:52:09 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Gold_futures_slump_751140.html http://bigpondnews.com/articles/Finance/2012/05/17/Greece_worries_sink_US_markets_751139.html US stocks gave up early gains on positive US economic data to sink lower Wednesday. Thu, 17 May 2012 00:52:07 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Greece_worries_sink_US_markets_751139.html http://bigpondnews.com/articles/Finance/2012/05/17/Copper_closes_lower_751138.html Copper closed lower on the London Metal Exchange Wednesday. Thu, 17 May 2012 00:52:05 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Copper_closes_lower_751138.html http://bigpondnews.com/articles/Finance/2012/05/17/Oil_under_pressure_from_eurozone_crisis_751137.html Oil prices are backing away from multi-month lows. Thu, 17 May 2012 00:52:03 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Oil_under_pressure_from_eurozone_crisis_751137.html http://bigpondnews.com/articles/Finance/2012/05/17/Holden_export_deal_to_be_unveiled_751136.html Holden is expected to unveil a new export program for the iconic Commodore. Thu, 17 May 2012 00:52:00 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Holden_export_deal_to_be_unveiled_751136.html http://bigpondnews.com/articles/Finance/2012/05/17/IAG_to_review_its_UK_business_751135.html IAG has begun a strategic review of its business in the UK, possibly paving the way for its sale. Thu, 17 May 2012 00:51:58 GMT http://bigpondnews.com/articles/Finance/2012/05/17/IAG_to_review_its_UK_business_751135.html http://bigpondnews.com/articles/Finance/2012/05/17/CBA_posts_17b_quarterly_profit_751134.html Commonwealth Bank of Australia has posted a profit of $1.7 billion for the three months to March. Thu, 17 May 2012 00:51:55 GMT http://bigpondnews.com/articles/Finance/2012/05/17/CBA_posts_17b_quarterly_profit_751134.html http://bigpondnews.com/articles/Finance/2012/05/17/Aust_shares_open_marginally_higher_751132.html Aust stocks opened marginally higher after the CBA posted $A 1.7 bil profit for the three months to March. Thu, 17 May 2012 00:50:53 GMT http://bigpondnews.com/articles/Finance/2012/05/17/Aust_shares_open_marginally_higher_751132.html http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_on_positive_US_housing_data_751105.html The Aussie dollar has moved back above 99 US cents following the release of positive American housing data. Wed, 16 May 2012 21:52:05 GMT http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_on_positive_US_housing_data_751105.html http://bigpondnews.com/articles/Finance/2012/05/17/A_slightly_higher_despite_Greek_woes_751087.html The Australian dollar has moved back above 99 US cents despite a continuing slump in global stock markets. Wed, 16 May 2012 20:57:30 GMT http://bigpondnews.com/articles/Finance/2012/05/17/A_slightly_higher_despite_Greek_woes_751087.html http://bigpondnews.com/articles/Finance/2012/05/16/Lend_Lease_cautious_on_outlook_751038.html Lend Lease says there are signs of recovery in global construction markets but remains cautious. Wed, 16 May 2012 12:37:58 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Lend_Lease_cautious_on_outlook_751038.html http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_remains_unchanged_750970.html Westfield says its forecast distribution for the 2012 year remains unchanged as specialty store sales grew. Wed, 16 May 2012 09:24:06 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_remains_unchanged_750970.html http://bigpondnews.com/articles/Finance/2012/05/16/A_down_one_US_cent_as_Greek_poll_looms_750983.html The Australian dollar has fallen back below parity for the third time in as many days. Wed, 16 May 2012 08:54:57 GMT http://bigpondnews.com/articles/Finance/2012/05/16/A_down_one_US_cent_as_Greek_poll_looms_750983.html http://bigpondnews.com/articles/Finance/2012/05/16/Sonic_to_buy_Healthscope_assets_750974.html Sonic Healthcare says it will buy Healthscope's pathology businesses in the ACT and three Aust states. Wed, 16 May 2012 08:31:32 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Sonic_to_buy_Healthscope_assets_750974.html http://bigpondnews.com/articles/Finance/2012/05/16/Milk_price_to_dip_as_production_rises_750973.html National milk production is the highest it has been for a decade. Wed, 16 May 2012 08:31:30 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Milk_price_to_dip_as_production_rises_750973.html http://bigpondnews.com/articles/Finance/2012/05/16/Housing_recovery_hard_to_predict-CSR_750972.html CSR expects Australia's housing construction market to remain bleak for the foreseeable future. Wed, 16 May 2012 08:31:28 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Housing_recovery_hard_to_predict-CSR_750972.html http://bigpondnews.com/articles/Finance/2012/05/16/BHP_chairman_cuts_expenditure_outlook_750971.html BHP Billiton chairman Jacques Nasser says the global miner will not spend the $80bn on growth projects. Wed, 16 May 2012 08:31:27 GMT http://bigpondnews.com/articles/Finance/2012/05/16/BHP_chairman_cuts_expenditure_outlook_750971.html http://bigpondnews.com/articles/Finance/2012/05/16/SP_Ausnet_profit_boosted_750936.html SP AusNet's full year profit has risen to $253 million due partly to higher electricity prices. Wed, 16 May 2012 06:50:29 GMT http://bigpondnews.com/articles/Finance/2012/05/16/SP_Ausnet_profit_boosted_750936.html http://bigpondnews.com/articles/Finance/2012/05/16/Casual_workers_need_more_rights-_ACTU_750943.html The ACTU plans to campaign for new laws to give casual workers more protection in job security. Wed, 16 May 2012 06:40:52 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Casual_workers_need_more_rights-_ACTU_750943.html http://bigpondnews.com/articles/Finance/2012/05/16/Japan_to_pay_US44bn_for_WA_LNG_stake_750942.html Japan's government and several major firms are to buy a 10 per cent stake in an Aust natural gas field. Wed, 16 May 2012 06:40:50 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Japan_to_pay_US44bn_for_WA_LNG_stake_750942.html http://bigpondnews.com/articles/Finance/2012/05/16/Gas_industry_told_to_act_defensively_750941.html The gas industry must not gouge its customers if it wants a credible voice in the Aust gas debate. Wed, 16 May 2012 06:40:47 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Gas_industry_told_to_act_defensively_750941.html http://bigpondnews.com/articles/Finance/2012/05/16/Budget_to_hurt_small_firms-_Hockey_750940.html Shadow treasurer Joe Hockey says the federal budget has nothing to compensate small businesses. Wed, 16 May 2012 06:40:45 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Budget_to_hurt_small_firms-_Hockey_750940.html http://bigpondnews.com/articles/Finance/2012/05/16/NSW_govt_to_meet_with_Hilliers_750939.html NSW public housing projects are in question after the voluntary administration of St Hilliers Construction. Wed, 16 May 2012 06:40:43 GMT http://bigpondnews.com/articles/Finance/2012/05/16/NSW_govt_to_meet_with_Hilliers_750939.html http://bigpondnews.com/articles/Finance/2012/05/16/Toll_shares_plunge_amid_earnings_gloom_750938.html Transport and logistics group Toll Holdings has warned of lower earnings in 2012 Wed, 16 May 2012 06:40:41 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Toll_shares_plunge_amid_earnings_gloom_750938.html http://bigpondnews.com/articles/Finance/2012/05/16/Wages_sentiment_data_vindicate_rate_cut_750937.html Steady wages growth and stagnation in lending factor into the vindication of last week's interest rate cut. Wed, 16 May 2012 06:40:39 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Wages_sentiment_data_vindicate_rate_cut_750937.html http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_close_lower_750923.html Australian stocks closed at a two-month low, after one of its sharpest one-day percentage falls this year. Wed, 16 May 2012 06:28:14 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_close_lower_750923.html http://bigpondnews.com/articles/Finance/2012/05/16/Consumer_confidence_up_slightly_in_May_750864.html Consumer confidence has posted a modest rise after the RBA provided a large cut to the cash rate on May 1. Wed, 16 May 2012 03:11:07 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Consumer_confidence_up_slightly_in_May_750864.html http://bigpondnews.com/articles/Finance/2012/05/16/A_lower_as_Greek_heads_for_election_750856.html The Australian dollar has traded in a narrow range after falling sharply overnight. Wed, 16 May 2012 03:01:30 GMT http://bigpondnews.com/articles/Finance/2012/05/16/A_lower_as_Greek_heads_for_election_750856.html http://bigpondnews.com/articles/Finance/2012/05/16/Australian_stocks_lower_at_noon_750851.html Aust stocks were down close to two per cent at noon with resources-linked sectors doing it toughest. Wed, 16 May 2012 02:28:48 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Australian_stocks_lower_at_noon_750851.html http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_steady_on_sales_750843.html Shopping centre giant Westfield Group says its forecast distribution for the 2012 year remains unchanged. Wed, 16 May 2012 02:08:30 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_steady_on_sales_750843.html http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_open_lower_750826.html The Australian share market has opened lower on Wednesday after overnight falls on Wall Street. Wed, 16 May 2012 00:47:41 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_open_lower_750826.html http://bigpondnews.com/articles/Finance/2012/05/16/Greek_political_uncertainty_to_continue_750818.html Greece is heading into a new month of political uncertainty after power-sharing talks collapsed. Wed, 16 May 2012 00:14:18 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Greek_political_uncertainty_to_continue_750818.html http://bigpondnews.com/articles/Finance/2012/05/16/Gold_Coast_Airport_plan_approved_750805.html Federal Transport Minister Anthony Albanese says he has approved the Gold Coast Airport master plan. Tue, 15 May 2012 23:51:25 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Gold_Coast_Airport_plan_approved_750805.html http://bigpondnews.com/articles/Finance/2012/05/16/CSR_warns_of_glum_housing_market_750799.html Building products group CSR fears Australia's housing construction industry will remain in the doldrums. Tue, 15 May 2012 23:47:10 GMT http://bigpondnews.com/articles/Finance/2012/05/16/CSR_warns_of_glum_housing_market_750799.html http://bigpondnews.com/articles/Finance/2012/05/16/Prison_builder_goes_into_liquidation_750797.html St Hilliers, the company building a $350 million expansion of a Victorian prison, has gone into liquidation. Tue, 15 May 2012 23:44:10 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Prison_builder_goes_into_liquidation_750797.html http://bigpondnews.com/articles/Finance/2012/05/16/JPMorgans_CEO_apologises_over_huge_loss_750790.html The CEO of JPMorgan Chase has apologised to shareholders for the company's $US2 billion trading loss. Tue, 15 May 2012 23:35:16 GMT http://bigpondnews.com/articles/Finance/2012/05/16/JPMorgans_CEO_apologises_over_huge_loss_750790.html http://bigpondnews.com/articles/Finance/2012/05/16/Facebook_share_demand_forces_up_price_750786.html Facebook's flotation is set to be even bigger than expected, with the company increasing the price of stock. Tue, 15 May 2012 23:30:43 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Facebook_share_demand_forces_up_price_750786.html http://bigpondnews.com/articles/Finance/2012/05/16/A_down_as_Greek_talks_fail_750768.html Australian dollar is almost 0.7 of a US cent lower after talks between Greece's political parties failed. Tue, 15 May 2012 22:49:12 GMT http://bigpondnews.com/articles/Finance/2012/05/16/A_down_as_Greek_talks_fail_750768.html http://bigpondnews.com/articles/Finance/2012/05/16/Australian_market_preview_750767.html Aust market looks set to open lower following falls on US markets overnight and political turmoil in Greece. Tue, 15 May 2012 22:48:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Australian_market_preview_750767.html http://bigpondnews.com/articles/Finance/2012/05/16/Hollande_Merkel_pledge_to_seek_growth_750761.html Angela Merkel and Francois Hollande have agreed to discuss ideas for generating economic growth in Europe. Tue, 15 May 2012 22:32:19 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Hollande_Merkel_pledge_to_seek_growth_750761.html http://bigpondnews.com/articles/Finance/2012/05/16/Mirabela_to_raise_120m_from_investors_750697.html Beleaguered miner Mirabela Nickel is seeking to raise as much as $120 million in capital from investors. Tue, 15 May 2012 19:33:57 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Mirabela_to_raise_120m_from_investors_750697.html http://bigpondnews.com/articles/Finance/2012/05/16/Media_pushed_at_open_door_-_Leveson_750708.html The Leveson Inquiry has heard that it was difficult to blame the media for its relations with politicians. Tue, 15 May 2012 19:24:45 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Media_pushed_at_open_door_-_Leveson_750708.html http://bigpondnews.com/articles/Finance/2012/05/16/Many_doing_it_tougher_than_ever_-_Salvos_750698.html New research has revealed that Australia's most marginalised are doing it tougher now than ever before. Tue, 15 May 2012 19:06:32 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Many_doing_it_tougher_than_ever_-_Salvos_750698.html http://bigpondnews.com/articles/Finance/2012/05/16/New_Greece_elections_after_talks_fail_750693.html Greece will hold a new election in June after talks failed to resolve the country's political deadlock. Tue, 15 May 2012 19:06:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/New_Greece_elections_after_talks_fail_750693.html http://bigpondnews.com/articles/Finance/2012/05/16/Angry_Brooks_baffled_by_charges_750695.html Ex-News of the World editor Rebekah Brooks says she is baffled after being charged over the hacking scandal. Tue, 15 May 2012 19:06:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Angry_Brooks_baffled_by_charges_750695.html http://bigpondnews.com/articles/Finance/2012/05/16/Aust_could_be_a_capital_safe_haven_750692.html Former treasury secretary Ken Henry says Australia could turn into a safe haven for global capital. Tue, 15 May 2012 19:06:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Aust_could_be_a_capital_safe_haven_750692.html http://bigpondnews.com/articles/Finance/2012/05/16/Russia_reports_solid_economic_growth_750696.html Russia has reported first quarter growth of 4.9 per cent, outpacing the previous year and early estimates. Tue, 15 May 2012 19:06:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Russia_reports_solid_economic_growth_750696.html http://bigpondnews.com/articles/Finance/2012/05/16/ACTU_focuses_on_lack_of_job_security_750694.html The ACTU conference will spend its second day focusing on the lack of job security in Australia. Tue, 15 May 2012 19:06:31 GMT http://bigpondnews.com/articles/Finance/2012/05/16/ACTU_focuses_on_lack_of_job_security_750694.html http://bigpondnews.com/articles/Finance/2012/05/16/Carbon_tax_compensation_set_to_flow_750691.html Compensation to cushion the impact of the carbon tax will start flowing to Australian families on Wednesday. Tue, 15 May 2012 19:06:30 GMT http://bigpondnews.com/articles/Finance/2012/05/16/Carbon_tax_compensation_set_to_flow_750691.html http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards-Swan_750608.html Treasurer Wayne Swan will reassure business that tax reform is still on the agenda. Tue, 15 May 2012 09:35:27 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards-Swan_750608.html http://bigpondnews.com/articles/Finance/2012/05/15/ANZ_to_invest_a_further_300m_in_China_750606.html ANZ will invest an additional $A300 million to support business growth in China. Tue, 15 May 2012 09:31:59 GMT http://bigpondnews.com/articles/Finance/2012/05/15/ANZ_to_invest_a_further_300m_in_China_750606.html http://bigpondnews.com/articles/Finance/2012/05/15/IMF_review_Aust_banking_system_750575.html IMF officials have arrived in Australia to have a good look at our banking system. Tue, 15 May 2012 08:10:30 GMT http://bigpondnews.com/articles/Finance/2012/05/15/IMF_review_Aust_banking_system_750575.html http://bigpondnews.com/articles/Finance/2012/05/15/Moodys_downgrade_Italian_banks_750573.html Moody is downgrading 26 Italian banks to reflect increasingly tough operating conditions. Tue, 15 May 2012 08:08:26 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Moodys_downgrade_Italian_banks_750573.html http://bigpondnews.com/articles/Finance/2012/05/15/A_gets_a_boost_from_German_growth_data_750571.html The Aust dollar rose back above parity with the US dollar after it got a boost in late afternoon trade. Tue, 15 May 2012 08:06:27 GMT http://bigpondnews.com/articles/Finance/2012/05/15/A_gets_a_boost_from_German_growth_data_750571.html http://bigpondnews.com/articles/Finance/2012/05/15/Australian_shares_close_lower_750550.html Australian stocks closed lower on Tuesday, dragged down by a weaker resources sector. Tue, 15 May 2012 06:43:10 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Australian_shares_close_lower_750550.html http://bigpondnews.com/articles/Finance/2012/05/15/Retail_gloom_hits_Kresta_earnings_750541.html Blinds and curtains maker Kresta expects property sales to bring it back to profitability. Tue, 15 May 2012 06:19:36 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Retail_gloom_hits_Kresta_earnings_750541.html http://bigpondnews.com/articles/Finance/2012/05/15/No_hints_from_RBA_on_rate_cuts-economist_750536.html The minutes to the RBA's May board meeting provide no indication of further interest rate cuts. Tue, 15 May 2012 06:14:31 GMT http://bigpondnews.com/articles/Finance/2012/05/15/No_hints_from_RBA_on_rate_cuts-economist_750536.html http://bigpondnews.com/articles/Finance/2012/05/15/Insurance_costs_rising_for_Suncorp_750533.html Suncorp's insurance costs for the financial year is currently $253 million above its expectations. Tue, 15 May 2012 06:09:30 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Insurance_costs_rising_for_Suncorp_750533.html http://bigpondnews.com/articles/Finance/2012/05/15/CCA_announces_new_beer_deals_750516.html Beverages supplier Coca-Cola Amatil (CCA) has underlined its desire to re-enter the beer market. Tue, 15 May 2012 04:46:55 GMT http://bigpondnews.com/articles/Finance/2012/05/15/CCA_announces_new_beer_deals_750516.html http://bigpondnews.com/articles/Finance/2012/05/15/Gunns_sells_hardwood_business_for_28m_750514.html Woodchipper Gunns has struck a deal to sell its hardwood sawn timber business for $28 million Tue, 15 May 2012 04:44:04 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Gunns_sells_hardwood_business_for_28m_750514.html http://bigpondnews.com/articles/Finance/2012/05/15/RBA_sets_scene_for_lower_rates_if_needed_750492.html The minutes of the latest RBA monetary policy meeting have left the door open for further rate cuts. Tue, 15 May 2012 03:16:21 GMT http://bigpondnews.com/articles/Finance/2012/05/15/RBA_sets_scene_for_lower_rates_if_needed_750492.html http://bigpondnews.com/articles/Finance/2012/05/15/Greek_woes_keep_A_below_parity_750488.html The Aust dollar traded in a tight range after concerns about Greece's debt crisis saw it fall below parity. Tue, 15 May 2012 03:07:56 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Greek_woes_keep_A_below_parity_750488.html http://bigpondnews.com/articles/Finance/2012/05/15/Greeces_woes_weigh_on_Australian_shares_750482.html Australian stocks were almost one per cent lower at noon due to concerns about the future of the euro zone Tue, 15 May 2012 02:38:54 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Greeces_woes_weigh_on_Australian_shares_750482.html http://bigpondnews.com/articles/Finance/2012/05/15/Yahoo_ends_CEOs_tenure_minus_severance_750465.html Yahoo has ended Scott Thompson's four-month stint as its CEO without giving him a severance package. Tue, 15 May 2012 01:51:18 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Yahoo_ends_CEOs_tenure_minus_severance_750465.html http://bigpondnews.com/articles/Finance/2012/05/15/26_Italian_banks_have_credit_ratings_cut_750464.html Moody's has downgraded the debt ratings of 26 Italian banks, as they struggled with the weak economy. Tue, 15 May 2012 01:50:46 GMT http://bigpondnews.com/articles/Finance/2012/05/15/26_Italian_banks_have_credit_ratings_cut_750464.html http://bigpondnews.com/articles/Finance/2012/05/15/750_rail_jobs_to_go_NSW_govt_confirms_750463.html NSW Transport Minister Gladys Berejiklian has confirmed that 750 RailCorp jobs will be axed. Tue, 15 May 2012 01:50:42 GMT http://bigpondnews.com/articles/Finance/2012/05/15/750_rail_jobs_to_go_NSW_govt_confirms_750463.html http://bigpondnews.com/articles/Finance/2012/05/15/EU_pleads_with_Greece_to_stay_the_course_750462.html Leading European Union finance officials have promised to stand by Greece as a member of the eurozone. Tue, 15 May 2012 01:50:39 GMT http://bigpondnews.com/articles/Finance/2012/05/15/EU_pleads_with_Greece_to_stay_the_course_750462.html http://bigpondnews.com/articles/Finance/2012/05/15/Pac_Brands_says_no_takeover_for_now_750461.html Clothing and footwear maker Pacific Brands says a takeover is unlikely to happen in the near future. Tue, 15 May 2012 01:50:38 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Pac_Brands_says_no_takeover_for_now_750461.html http://bigpondnews.com/articles/Finance/2012/05/15/Westpac_cuts_fixed_mortgage_rates_750460.html Westpac has cut its interest rates on its short term fixed rate home loans by up to 0.2 per cent. Tue, 15 May 2012 01:50:37 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Westpac_cuts_fixed_mortgage_rates_750460.html http://bigpondnews.com/articles/Finance/2012/05/15/CCA_expects_higher_underlying_profit_750459.html Coca-Cola Amatil says it expects a higher underlying profit in the first half of the 2012 calendar year. Tue, 15 May 2012 01:50:35 GMT http://bigpondnews.com/articles/Finance/2012/05/15/CCA_expects_higher_underlying_profit_750459.html http://bigpondnews.com/articles/Finance/2012/05/15/Australian_stocks_open_lower_750444.html Australian stocks opened lower, with local market players taking their cues from a poor night on Wall St. Tue, 15 May 2012 01:14:42 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Australian_stocks_open_lower_750444.html http://bigpondnews.com/articles/Finance/2012/05/15/Australian_market_preview_750404.html The Australian market looks set to open lower following falls on US markets overnight. Mon, 14 May 2012 22:36:42 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Australian_market_preview_750404.html http://bigpondnews.com/articles/Finance/2012/05/15/A_below_parity_as_Greek_fears_mount_750403.html $A has fallen back below parity with its US counterpart as fears mount that Greece will exit the euro zone. Mon, 14 May 2012 22:36:40 GMT http://bigpondnews.com/articles/Finance/2012/05/15/A_below_parity_as_Greek_fears_mount_750403.html http://bigpondnews.com/articles/Finance/2012/05/15/Beef_farmers_seek_compo_over_export_ban_750368.html Beef producers are reportedly seeking hundreds of millions from the government in compensation. Mon, 14 May 2012 20:24:55 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Beef_farmers_seek_compo_over_export_ban_750368.html http://bigpondnews.com/articles/Finance/2012/05/15/Mummy_and_Daddy_work_too_much_says_kids_750360.html New research shows many children feel their parents are working too much and it is impacting on family time. Mon, 14 May 2012 20:04:58 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Mummy_and_Daddy_work_too_much_says_kids_750360.html http://bigpondnews.com/articles/Finance/2012/05/15/Rebekah_Brooks_to_learn_of_charges_750328.html Former News International CEO Rebekah Brooks is set to learn of any charges over the phone hacking scandal. Mon, 14 May 2012 19:19:02 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Rebekah_Brooks_to_learn_of_charges_750328.html http://bigpondnews.com/articles/Finance/2012/05/15/Women_not_on_Aust_CEOs_radar_-_report_750327.html More than two-thirds of Australia's CEOs say they have no plans to ensure females fill senior positions. Mon, 14 May 2012 19:18:58 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Women_not_on_Aust_CEOs_radar_-_report_750327.html http://bigpondnews.com/articles/Finance/2012/05/15/India_inflation_posts_surprise_jump_750318.html India's inflation unexpectedly accelerated in April, with the Wholesale Price Index rising to 7.23 per cent. Mon, 14 May 2012 19:05:26 GMT http://bigpondnews.com/articles/Finance/2012/05/15/India_inflation_posts_surprise_jump_750318.html http://bigpondnews.com/articles/Finance/2012/05/15/Obama_ad_attacks_Romneys_jobs_record_750317.html US President Barack Obama has opened a new advertising assault on Mitt Romney's record as a businessman. Mon, 14 May 2012 19:05:26 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Obama_ad_attacks_Romneys_jobs_record_750317.html http://bigpondnews.com/articles/Finance/2012/05/15/Yahoos_Thompson_reportedly_has_cancer_750316.html Former Yahoo CEO Scott Thompson, who recently resigned from the post, reportedly has thyroid cancer. Mon, 14 May 2012 19:05:26 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Yahoos_Thompson_reportedly_has_cancer_750316.html http://bigpondnews.com/articles/Finance/2012/05/15/News_Corp_buys_into_Chinese_film_group_750315.html Chinese film distributor Bona Film Group says it has agreed to sell News Corp a stake in the company. Mon, 14 May 2012 19:05:26 GMT http://bigpondnews.com/articles/Finance/2012/05/15/News_Corp_buys_into_Chinese_film_group_750315.html http://bigpondnews.com/articles/Finance/2012/05/15/JPMorgan_exec_sacked_over_trade_strategy_750314.html The executive responsible for trading strategy at JPMorgan has been sacked following the bank's $US2b loss. Mon, 14 May 2012 19:05:25 GMT http://bigpondnews.com/articles/Finance/2012/05/15/JPMorgan_exec_sacked_over_trade_strategy_750314.html http://bigpondnews.com/articles/Finance/2012/05/15/Greek_parties_begin_coalition_talks_750313.html Greek political parties have begun fresh talks on forming a coalition that supports an EU-IMF bailout. Mon, 14 May 2012 19:05:25 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Greek_parties_begin_coalition_talks_750313.html http://bigpondnews.com/articles/Finance/2012/05/15/NSW_govt_to_cut_750_RailCorp_jobs_750312.html RailCorp jobs are expected to be cut as the NSW government begins an overhaul of Sydney's rail network. Mon, 14 May 2012 19:05:25 GMT http://bigpondnews.com/articles/Finance/2012/05/15/NSW_govt_to_cut_750_RailCorp_jobs_750312.html http://bigpondnews.com/articles/Finance/2012/05/15/Australian_consumers_in_crisis_mode_750311.html A survey has found more than half of all Australians feel they have been affected the global downturn. Mon, 14 May 2012 19:05:25 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Australian_consumers_in_crisis_mode_750311.html http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards_says_Swan_750310.html Treasurer Wayne Swan will reassure business the government is still on the case to reform the tax system. Mon, 14 May 2012 19:05:24 GMT http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards_says_Swan_750310.html http://bigpondnews.com/articles/Finance/2012/05/14/BHP_sticks_up_for_shale_play_750261.html BHP Billiton's petroleum boss Michael Yeager has defended the company's $20 billion foray into US shale gas. Mon, 14 May 2012 11:19:22 GMT http://bigpondnews.com/articles/Finance/2012/05/14/BHP_sticks_up_for_shale_play_750261.html http://bigpondnews.com/articles/Finance/2012/05/14/New_board_member_at_BHP_750259.html BHP Billiton has appointed the former head of global chemicals and energy company Sasol to its board. Mon, 14 May 2012 11:15:56 GMT http://bigpondnews.com/articles/Finance/2012/05/14/New_board_member_at_BHP_750259.html http://bigpondnews.com/articles/Finance/2012/05/14/Alesco_not_a_must-do_deal__DuluxGroup_750257.html DuluxGroup says its takeover bid for construction products supplier Alesco is not a 'must do' deal. Mon, 14 May 2012 11:08:44 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Alesco_not_a_must-do_deal__DuluxGroup_750257.html http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_to_stick_with_fertilisers_750254.html Incitec Pivot says it has no plans to drop its fertiliser business despite its lower earnings Mon, 14 May 2012 11:00:49 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_to_stick_with_fertilisers_750254.html http://bigpondnews.com/articles/Finance/2012/05/14/Homebuyers_urged_to_tackle_termites_750238.html The Australian dream of owning your own home can turn into a nightmare with the discovery of termites. Mon, 14 May 2012 10:21:51 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Homebuyers_urged_to_tackle_termites_750238.html http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_hits_five-month_low_750210.html The Australian dollar fell below parity with the US dollar for the first time in almost five months Mon, 14 May 2012 09:06:15 GMT http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_hits_five-month_low_750210.html http://bigpondnews.com/articles/Finance/2012/05/14/Leighton_Lend_Lease_win_Vic_rail_work_750199.html Lend Lease and a Leighton Holdings subsidiary have been awarded work on Victoria's regional rail link. Mon, 14 May 2012 08:21:17 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Leighton_Lend_Lease_win_Vic_rail_work_750199.html http://bigpondnews.com/articles/Finance/2012/05/14/Strike_action_hurts_Paladins_production_750197.html Paladin Energy says production at its mine in Malawi has been stalled after local workers walked off the job Mon, 14 May 2012 08:15:49 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Strike_action_hurts_Paladins_production_750197.html http://bigpondnews.com/articles/Finance/2012/05/14/NAB_to_raise_500m_through_debt_issue_750181.html National Australia Bank will raise up to $500 million by issuing subordinated notes to investors. Mon, 14 May 2012 07:03:32 GMT http://bigpondnews.com/articles/Finance/2012/05/14/NAB_to_raise_500m_through_debt_issue_750181.html http://bigpondnews.com/articles/Finance/2012/05/14/Aust_shares_close_750178.html The Australian share market has closed higher, with gains by telco and financial stocks. Mon, 14 May 2012 06:41:23 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Aust_shares_close_750178.html http://bigpondnews.com/articles/Finance/2012/05/14/Rise_in_finance_for_new_dwellings_750126.html The latest housing finance figures for March contain some positives for the residential building industry. Mon, 14 May 2012 03:19:11 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Rise_in_finance_for_new_dwellings_750126.html http://bigpondnews.com/articles/Finance/2012/05/14/Loan_figures_confirm_housing_in_doldrums_750124.html The outlook for the housing industry is gloomy after data showing the value of lending to the sector is low. Mon, 14 May 2012 03:12:57 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Loan_figures_confirm_housing_in_doldrums_750124.html http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_below_parity_750122.html The Australian dollar has fallen below parity for the first time in almost five months. Mon, 14 May 2012 03:12:13 GMT http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_below_parity_750122.html http://bigpondnews.com/articles/Finance/2012/05/14/Aussie_dollar_falls_below_parity_750119.html The Australian dollar has fallen below parity with the US dollar for the first time in almost five months. Mon, 14 May 2012 03:05:32 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Aussie_dollar_falls_below_parity_750119.html http://bigpondnews.com/articles/Finance/2012/05/14/Aust_stocks_open_higher_750086.html Local stocks have opened firmer with market players buoyed by the Chinese central bank. Mon, 14 May 2012 00:51:52 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Aust_stocks_open_higher_750086.html http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_profit_drops_13_750084.html Incitec Pivot's first half profit has dropped by 13 per cent due to lower earnings from fertilisers. Mon, 14 May 2012 00:49:06 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_profit_drops_13_750084.html http://bigpondnews.com/articles/Finance/2012/05/14/China_move_lifts_demand_for_NZ_dollar_750080.html $NZ rose after China cut the cash that banks must set aside for reserves, which may stoke lending in NZ. Mon, 14 May 2012 00:40:23 GMT http://bigpondnews.com/articles/Finance/2012/05/14/China_move_lifts_demand_for_NZ_dollar_750080.html http://bigpondnews.com/articles/Finance/2012/05/14/DuluxGroup_down_two_per_cent_750079.html DuluxGroup has reported a two per cent fall in first half net profit and says it expects it to be higher. Mon, 14 May 2012 00:40:21 GMT http://bigpondnews.com/articles/Finance/2012/05/14/DuluxGroup_down_two_per_cent_750079.html http://bigpondnews.com/articles/Finance/2012/05/14/Three_JPMorgan_executives_to_resign_750078.html Three executives at JPMorgan Chase bank are expected to leave their jobs this week after a trading blunder. Mon, 14 May 2012 00:40:19 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Three_JPMorgan_executives_to_resign_750078.html http://bigpondnews.com/articles/Finance/2012/05/14/JPMorgan_admits_credibility_at_stake_750060.html JPMorgan Chase's CEO has admitted that a $US2 billion ($A1.99 billion) loss on derivatives trades. Sun, 13 May 2012 23:33:50 GMT http://bigpondnews.com/articles/Finance/2012/05/14/JPMorgan_admits_credibility_at_stake_750060.html http://bigpondnews.com/articles/Finance/2012/05/14/A_down_on_Greek_woes_750058.html The $A has fallen closer to parity with the $US as political turmoil continues in Greece. Sun, 13 May 2012 23:28:59 GMT http://bigpondnews.com/articles/Finance/2012/05/14/A_down_on_Greek_woes_750058.html http://bigpondnews.com/articles/Finance/2012/05/14/Greek_crisis_deepens_with_no_deal_made_750045.html Greek political party leaders have emerged from emergency cabinet talks with no breakthrough in sight. Sun, 13 May 2012 22:51:01 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Greek_crisis_deepens_with_no_deal_made_750045.html http://bigpondnews.com/articles/Finance/2012/05/14/Avon_considering_Coty_buyout_offer_750005.html Avon says it is considering a sweetened buyout offer of almost $US10.7 billion from Coty Inc. Sun, 13 May 2012 21:14:29 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Avon_considering_Coty_buyout_offer_750005.html http://bigpondnews.com/articles/Finance/2012/05/14/Setback_for_Merkel_in_German_state_poll_750003.html Voters in a crucial German state have emphatically punished Chancellor Angela Merkel's pro-austerity party. Sun, 13 May 2012 21:11:35 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Setback_for_Merkel_in_German_state_poll_750003.html http://bigpondnews.com/articles/Finance/2012/05/14/Cabinet_to_finalise_living_cost_savings_750001.html Qld cabinet will meet to finalise cost-of-living legislation before the first sitting week of parliament. Sun, 13 May 2012 21:06:03 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Cabinet_to_finalise_living_cost_savings_750001.html http://bigpondnews.com/articles/Finance/2012/05/14/Credibility_at_stake_for_JPMorgan_chief_749998.html JPMorgan CEO Jamie Dimon has admitted that the $US2b loss on derivatives trades has jeopardised credibility. Sun, 13 May 2012 21:02:27 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Credibility_at_stake_for_JPMorgan_chief_749998.html http://bigpondnews.com/articles/Finance/2012/05/14/Santander_to_provision_27bn_euros_more_749984.html Spain's Santander's bank says it will have to set aside an additional 2.7b euros to meet new govt reforms. Sun, 13 May 2012 20:18:35 GMT http://bigpondnews.com/articles/Finance/2012/05/14/Santander_to_provision_27bn_euros_more_749984.html http://bigpondnews.com/articles/Finance/2012/05/13/Airlines_facing_battle_to_recruit_pilots_749917.html The aviation sector will require thousands of new pilots in the years ahead as more people are flying. Sun, 13 May 2012 12:53:49 GMT http://bigpondnews.com/articles/Finance/2012/05/13/Airlines_facing_battle_to_recruit_pilots_749917.html http://bigpondnews.com/articles/Finance/2012/05/13/More_cuts_if_needed_for_surplus__Wong_749915.html Finance Minister Penny Wong says the government is prepared to make spending cuts to reach budget surplus. Sun, 13 May 2012 12:19:28 GMT http://bigpondnews.com/articles/Finance/2012/05/13/More_cuts_if_needed_for_surplus__Wong_749915.html http://bigpondnews.com/articles/Finance/2012/05/13/Aust_stocks_tipped_for_firm_open_749914.html Australian stocks are expected to open firmer as players take their cues from Chinese government moves. Sun, 13 May 2012 12:17:20 GMT http://bigpondnews.com/articles/Finance/2012/05/13/Aust_stocks_tipped_for_firm_open_749914.html http://bigpondnews.com/articles/Finance/2012/05/13/Jobless_rate_budget_underly_economy_749911.html Treasurer Wayne Swan says a drop in the national jobless rate underlies the strength of the domestic economy Sun, 13 May 2012 11:56:04 GMT http://bigpondnews.com/articles/Finance/2012/05/13/Jobless_rate_budget_underly_economy_749911.html http://bigpondnews.com/articles/Finance/2012/05/13/11_arrested_in_Bank_of_England_protest_749699.html Eleven alleged anti-capitalists from the Occupy movement have been arrested in London for public offences. Sat, 12 May 2012 21:10:20 GMT http://bigpondnews.com/articles/Finance/2012/05/13/11_arrested_in_Bank_of_England_protest_749699.html http://bigpondnews.com/articles/Finance/2012/05/13/Transport_police_blitz_services_749698.html NSW transport police have blitzed train, bus and ferry services overnight against anti-social behaviour. Sat, 12 May 2012 21:10:16 GMT http://bigpondnews.com/articles/Finance/2012/05/13/Transport_police_blitz_services_749698.html http://bigpondnews.com/articles/Finance/2012/05/13/Thousands_march_in_Spain_over_austerity_749693.html Spaniards are angered by their grim economic prospects and political handling of the financial crisis. Sat, 12 May 2012 21:00:44 GMT http://bigpondnews.com/articles/Finance/2012/05/13/Thousands_march_in_Spain_over_austerity_749693.html http://bigpondnews.com/articles/Finance/2012/05/13/1st_Fleet_owner_leaves_debts_for_US_749692.html The owner of collapsed trucking firm 1st Fleet has reportedly left Australia, leaving 1,000 out of work. Sat, 12 May 2012 21:00:42 GMT http://bigpondnews.com/articles/Finance/2012/05/13/1st_Fleet_owner_leaves_debts_for_US_749692.html http://bigpondnews.com/articles/Finance/2012/05/12/750M_contract_for_Regional_Rail_Link_749623.html A $570 million contract has been announced for rail works between central Melbourne and the western suburbs. Sat, 12 May 2012 12:13:22 GMT http://bigpondnews.com/articles/Finance/2012/05/12/750M_contract_for_Regional_Rail_Link_749623.html http://bigpondnews.com/articles/Finance/2012/05/12/India_agrees_US560m_artillery_deal_749622.html The Indian government has agreed to a $A558.4 million deal to buy 145 howitzer guns from BAE Systems. Sat, 12 May 2012 12:13:09 GMT http://bigpondnews.com/articles/Finance/2012/05/12/India_agrees_US560m_artillery_deal_749622.html http://bigpondnews.com/articles/Finance/2012/05/12/Japan_companies_predict_profts_jump_749621.html Publicly traded companies in Japan expect their profit to rise 24 per cent in the current fiscal year. Sat, 12 May 2012 12:13:04 GMT http://bigpondnews.com/articles/Finance/2012/05/12/Japan_companies_predict_profts_jump_749621.html http://bigpondnews.com/articles/Finance/2012/05/12/Nissans_operating_profit_soars_749620.html Nissan's fourth quarter operating profit rose by 33 percent, bringing full-year earnings to $6.8 billion. Sat, 12 May 2012 12:12:53 GMT http://bigpondnews.com/articles/Finance/2012/05/12/Nissans_operating_profit_soars_749620.html http://bigpondnews.com/articles/Finance/2012/05/11/Germany_warns_Greece_on_fiscal_reforms_749381.html Germany's foreign minister has kept up pressure on Greece to enact reforms it agreed to with other nations. Fri, 11 May 2012 11:50:54 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Germany_warns_Greece_on_fiscal_reforms_749381.html http://bigpondnews.com/articles/Finance/2012/05/11/High_Court_to_hear_bank_fee_challenge_749380.html The High Court will hear a class action by customers of the ANZ Bank alleging it charged excessive fees. Fri, 11 May 2012 11:50:51 GMT http://bigpondnews.com/articles/Finance/2012/05/11/High_Court_to_hear_bank_fee_challenge_749380.html http://bigpondnews.com/articles/Finance/2012/05/11/Plant_deal_wont_hit_water_bills_govt_749379.html The NSW Treasurer says the $2.3 billion lease deal for Sydney's desalination plant is well above book value. Fri, 11 May 2012 11:50:48 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Plant_deal_wont_hit_water_bills_govt_749379.html http://bigpondnews.com/articles/Finance/2012/05/11/Budget_will_boost_productivity_Swan_749378.html Wayne Swan says the government's budget will spread the benefits of the mining boom beyond the short-term. Fri, 11 May 2012 11:50:45 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Budget_will_boost_productivity_Swan_749378.html http://bigpondnews.com/articles/Finance/2012/05/11/ANZ_cuts_home_business_rates_749377.html ANZ has trimmed its standard variable home loan and business lending rates by 37 basis points. Fri, 11 May 2012 11:50:26 GMT http://bigpondnews.com/articles/Finance/2012/05/11/ANZ_cuts_home_business_rates_749377.html http://bigpondnews.com/articles/Finance/2012/05/11/Europe_fears_drag_A_close_to_parity_749337.html Fears of a new financial crisis before Greece's elections sent the $A perilously close to parity with USD. Fri, 11 May 2012 09:13:14 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Europe_fears_drag_A_close_to_parity_749337.html http://bigpondnews.com/articles/Finance/2012/05/11/China_says_inflation_rate_has_slowed_749217.html Official data shows China's inflation rate slowed in April from the previous month. Fri, 11 May 2012 02:55:42 GMT http://bigpondnews.com/articles/Finance/2012/05/11/China_says_inflation_rate_has_slowed_749217.html http://bigpondnews.com/articles/Finance/2012/05/11/Robert_Nason_to_chair_Foxtel_board_749211.html Telstra Corporation has appointed senior executive Robert Nason as chairman of pay-tv provider Foxtel. Fri, 11 May 2012 02:29:21 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Robert_Nason_to_chair_Foxtel_board_749211.html http://bigpondnews.com/articles/Finance/2012/05/11/JPMorgan_Chase_admits_2b_trading_loss_749173.html JPMorgan Chase, the largest bank in the US, has admitted to a trading loss of $US2 billion ($A2.00 billion). Thu, 10 May 2012 23:51:20 GMT http://bigpondnews.com/articles/Finance/2012/05/11/JPMorgan_Chase_admits_2b_trading_loss_749173.html http://bigpondnews.com/articles/Finance/2012/05/11/European_concerns_pull_the_A_down_749156.html The Australian dollar has fallen as concerns linger around the Greek political situation. Thu, 10 May 2012 22:53:37 GMT http://bigpondnews.com/articles/Finance/2012/05/11/European_concerns_pull_the_A_down_749156.html http://bigpondnews.com/articles/Finance/2012/05/11/Key_overseas_finance_markers_749155.html The NY stock market has closed slightly higher, with final figures for the Dow Jones and S and P up. Thu, 10 May 2012 22:53:35 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Key_overseas_finance_markers_749155.html http://bigpondnews.com/articles/Finance/2012/05/11/US_petrol_prices_drop_5pc_since_April_749078.html US petrol prices have dropped five per cent since peaking last month. Thu, 10 May 2012 19:12:43 GMT http://bigpondnews.com/articles/Finance/2012/05/11/US_petrol_prices_drop_5pc_since_April_749078.html http://bigpondnews.com/articles/Finance/2012/05/11/US_deficit_looms_despite_April_surplus_749077.html The US government is on track to exceed a $US1 trillion ($A998.85 billion) deficit despite an April surplus. Thu, 10 May 2012 19:12:42 GMT http://bigpondnews.com/articles/Finance/2012/05/11/US_deficit_looms_despite_April_surplus_749077.html http://bigpondnews.com/articles/Finance/2012/05/11/Sony_reports_record_annual_loss_749076.html Sony posted a record annual loss of Y457 billion ($A5.73 billion) in its fourth straight year of red ink. Thu, 10 May 2012 19:12:41 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Sony_reports_record_annual_loss_749076.html http://bigpondnews.com/articles/Finance/2012/05/11/Big_retailers_scrutinised_over_trucks_749061.html Retailers face scrutiny over safety after charges were filed against executives of four trucking companies. Thu, 10 May 2012 19:02:53 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Big_retailers_scrutinised_over_trucks_749061.html http://bigpondnews.com/articles/Finance/2012/05/11/Production_to_cease_at_BHP_mine_749060.html Production will cease at BHP Billiton's loss-making Norwich Park coal mine in central Queensland. Thu, 10 May 2012 19:02:50 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Production_to_cease_at_BHP_mine_749060.html http://bigpondnews.com/articles/Finance/2012/05/11/Desalination_lease_to_yield_300_million_749059.html A lessee has been found for Sydney's desalination plant in a deal that will deliver net proceeds of $300m. Thu, 10 May 2012 19:02:47 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Desalination_lease_to_yield_300_million_749059.html http://bigpondnews.com/articles/Finance/2012/05/11/Paper_circulation_drops_in_March_qtr_749058.html The fall in newspaper sales has accelerated with a 5 per cent drop in circulation in the March quarter. Thu, 10 May 2012 19:02:45 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Paper_circulation_drops_in_March_qtr_749058.html http://bigpondnews.com/articles/Finance/2012/05/11/Budget_changes_damage_faith_in_super_749057.html AMP chief economist Shane Oliver says the federal budget won't help Australia's economic growth. Thu, 10 May 2012 19:02:44 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Budget_changes_damage_faith_in_super_749057.html http://bigpondnews.com/articles/Finance/2012/05/11/Coalition_about_wealth_creation_-_Abbott_749056.html The coalition's reply to Labor's Tuesday budget has promised wealth creation for all. Thu, 10 May 2012 19:02:41 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Coalition_about_wealth_creation_-_Abbott_749056.html http://bigpondnews.com/articles/Finance/2012/05/11/Applications_for_US_unemployment_aid_dip_749072.html The number of people applying for US unemployment benefits ticked down last week after dropping sharply. Thu, 10 May 2012 19:02:22 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Applications_for_US_unemployment_aid_dip_749072.html http://bigpondnews.com/articles/Finance/2012/05/11/ArcelorMittal_net_profit_drops_in_Q1_749071.html ArcelorMittal, the world's biggest steel maker, has posted a sharp drop in first-quarter net profit. Thu, 10 May 2012 19:02:22 GMT http://bigpondnews.com/articles/Finance/2012/05/11/ArcelorMittal_net_profit_drops_in_Q1_749071.html http://bigpondnews.com/articles/Finance/2012/05/11/Bombardier_profit_fall_on_aerospace_lull_749070.html Aircraft maker Bombardier says its profit dropped nearly 14% to $US190m ($A189.78m) in the first quarter. Thu, 10 May 2012 19:02:22 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Bombardier_profit_fall_on_aerospace_lull_749070.html http://bigpondnews.com/articles/Finance/2012/05/11/US_30-year_mortgage_rates_at_record_low_749069.html Average US rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Thu, 10 May 2012 19:02:21 GMT http://bigpondnews.com/articles/Finance/2012/05/11/US_30-year_mortgage_rates_at_record_low_749069.html http://bigpondnews.com/articles/Finance/2012/05/11/Scandal-hit_Olympus_posts_US620m_loss_749068.html Japan's scandal- hit Olympus has posted a $US620 million ($A619.29 million) loss in the year to March. Thu, 10 May 2012 19:02:21 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Scandal-hit_Olympus_posts_US620m_loss_749068.html http://bigpondnews.com/articles/Finance/2012/05/11/Green_growth_not_just_for_rich_nations_749067.html The World Bank has urged global governments to heed the environment when pursuing prosperity. Thu, 10 May 2012 19:02:21 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Green_growth_not_just_for_rich_nations_749067.html http://bigpondnews.com/articles/Finance/2012/05/11/Bank_of_England_leaves_rates_unchanged_749066.html The Bank of England has kept its base interest rate at an all-time low of 0.5 per cent. Thu, 10 May 2012 19:02:21 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Bank_of_England_leaves_rates_unchanged_749066.html http://bigpondnews.com/articles/Finance/2012/05/11/Its_becoming_easier_to_borrow-_Bernanke_749065.html US Federal Reserve chairman Ben Bernanke says many businesses and consumers are finding it easier to borrow. Thu, 10 May 2012 19:02:20 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Its_becoming_easier_to_borrow-_Bernanke_749065.html http://bigpondnews.com/articles/Finance/2012/05/11/Coulson_denies_Murdoch_govt_conspiracy_749064.html Andy Coulson has denied any 'grand conspiracy' between the British government and the Murdoch empire. Thu, 10 May 2012 19:02:20 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Coulson_denies_Murdoch_govt_conspiracy_749064.html http://bigpondnews.com/articles/Finance/2012/05/11/OPEC_ups_2012_world_oil_demand_forecast_749063.html OPEC has revised its 2012 world oil demand outlook slightly upwards. Thu, 10 May 2012 19:02:20 GMT http://bigpondnews.com/articles/Finance/2012/05/11/OPEC_ups_2012_world_oil_demand_forecast_749063.html http://bigpondnews.com/articles/Finance/2012/05/11/Mining_firm_wont_drill_in_Sydney_suburb_749062.html Mining company Dart Energy has abandoned plans to drill a coal seam gas well in Sydney's inner west. Thu, 10 May 2012 19:02:20 GMT http://bigpondnews.com/articles/Finance/2012/05/11/Mining_firm_wont_drill_in_Sydney_suburb_749062.html http://bigpondnews.com/articles/Finance/2012/05/10/Optus_to_appeal_High_Court_ruling_749002.html Optus will appeal a High Court ruling which effectively ended its TV Now service for its mobile customers. Thu, 10 May 2012 12:15:01 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Optus_to_appeal_High_Court_ruling_749002.html http://bigpondnews.com/articles/Finance/2012/05/10/Laid-off_workers_win_federal_reprieve_749001.html Hundreds of sacked workers at two Australian companies will receive millions in unpaid entitlements. Thu, 10 May 2012 12:14:58 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Laid-off_workers_win_federal_reprieve_749001.html http://bigpondnews.com/articles/Finance/2012/05/10/Petrol_rise_warning_if_refinery_closes_749000.html A union says motorists could end up paying more for petrol if Caltex closes one of its major refineries. Thu, 10 May 2012 12:14:54 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Petrol_rise_warning_if_refinery_closes_749000.html http://bigpondnews.com/articles/Finance/2012/05/10/A_up_on_strong_jobs_data_748953.html A surprise drop in unemployment has pushed the $A higher and away from parity with its US counterpart. Thu, 10 May 2012 08:52:02 GMT http://bigpondnews.com/articles/Finance/2012/05/10/A_up_on_strong_jobs_data_748953.html http://bigpondnews.com/articles/Finance/2012/05/10/Greek_uncertainty_sends_A_towards_US1_748921.html The $A was staying comfortably above $US1.00 but everything changed after the Greek elections. Thu, 10 May 2012 06:10:34 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Greek_uncertainty_sends_A_towards_US1_748921.html http://bigpondnews.com/articles/Finance/2012/05/10/News_Corps_Carey_backs_Murdoch_748867.html News Corporation president and chief operating officer Chase Carey has publicly backed Rupert Murdoch. Thu, 10 May 2012 03:55:00 GMT http://bigpondnews.com/articles/Finance/2012/05/10/News_Corps_Carey_backs_Murdoch_748867.html http://bigpondnews.com/articles/Finance/2012/05/10/Jobless_rate_49_per_cent_in_April_748844.html The jobless rate unexpectedly dropped to 4.9 per cent in April from 5.2 per cent the previous month. Thu, 10 May 2012 01:52:28 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Jobless_rate_49_per_cent_in_April_748844.html http://bigpondnews.com/articles/Finance/2012/05/10/Wall_Street_pares_losses_748829.html US stocks have pared early sharp losses to close with moderate losses after Greece's bailout was confirmed. Thu, 10 May 2012 00:27:30 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Wall_Street_pares_losses_748829.html http://bigpondnews.com/articles/Finance/2012/05/10/A_lower_on_Greek_concerns_748826.html The $A continues to push downwards on fears that Greek politicians will be unable to form a govt. Thu, 10 May 2012 00:21:57 GMT http://bigpondnews.com/articles/Finance/2012/05/10/A_lower_on_Greek_concerns_748826.html http://bigpondnews.com/articles/Finance/2012/05/10/News_Corp_third_quarter_profit_up_47pc_748824.html News Corp has reported a 47 per cent lift in third quarter net profit to $US937 million ($A929.79 million). Thu, 10 May 2012 00:20:36 GMT http://bigpondnews.com/articles/Finance/2012/05/10/News_Corp_third_quarter_profit_up_47pc_748824.html http://bigpondnews.com/articles/Finance/2012/05/10/Optus_reports_787m_profit_after_tax_748823.html Optus has managed to lift its annual net profit by 1.5 per cent to $787 million. Thu, 10 May 2012 00:20:35 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Optus_reports_787m_profit_after_tax_748823.html http://bigpondnews.com/articles/Finance/2012/05/10/NAB_first_half_profit_down_to_205b_748822.html NAB first half profit fell 15.5 per cent to $2.05 billion due to its underperforming operations in the UK. Thu, 10 May 2012 00:20:34 GMT http://bigpondnews.com/articles/Finance/2012/05/10/NAB_first_half_profit_down_to_205b_748822.html http://bigpondnews.com/articles/Finance/2012/05/10/No_renegotiation_of_budgetary_pact_-_EU_748821.html The head of the European Commission says there would be no renegotiation of an EU budgetary pact. Thu, 10 May 2012 00:20:33 GMT http://bigpondnews.com/articles/Finance/2012/05/10/No_renegotiation_of_budgetary_pact_-_EU_748821.html http://bigpondnews.com/articles/Finance/2012/05/10/UK_govt_focus_on_economy_748820.html Queen Elizabeth has set out the UK's new legislative agenda and announced a program to boost the economy. Thu, 10 May 2012 00:20:31 GMT http://bigpondnews.com/articles/Finance/2012/05/10/UK_govt_focus_on_economy_748820.html http://bigpondnews.com/articles/Finance/2012/05/10/Europe_debt_crisis_weighs_on_Commerzbank_748818.html Germany's Commerzbank saw net profit fall sharply to 369 million euros ($A476.84m) in the first quarter. Thu, 10 May 2012 00:20:30 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Europe_debt_crisis_weighs_on_Commerzbank_748818.html http://bigpondnews.com/articles/Finance/2012/05/10/Greece_gets_more_cash_amid_bailout_doubt_748817.html Greece will receive a further 5.2 billion euros ($A6.72 billion) as part of its bailout package. Thu, 10 May 2012 00:20:29 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Greece_gets_more_cash_amid_bailout_doubt_748817.html http://bigpondnews.com/articles/Finance/2012/05/10/Rinehart_children_can_access_trust_748816.html Gina Rinehart has brought forward the vesting date of a family trust that is the subject of a legal battle. Thu, 10 May 2012 00:20:27 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Rinehart_children_can_access_trust_748816.html http://bigpondnews.com/articles/Finance/2012/05/10/Unemployment_rate_to_rise_economists_748815.html Economists say Australia's unemployment rate is likely to have risen in April. Thu, 10 May 2012 00:20:26 GMT http://bigpondnews.com/articles/Finance/2012/05/10/Unemployment_rate_to_rise_economists_748815.html http://bigpondnews.com/articles/Finance/2012/05/09/BlueScope_Steel_repurchase_748685.html BlueScope Steel has completed a tender for the repurchase of $US300 million private placement notes. Wed, 09 May 2012 11:58:58 GMT http://bigpondnews.com/articles/Finance/2012/05/09/BlueScope_Steel_repurchase_748685.html http://bigpondnews.com/articles/Finance/2012/05/09/Rinehart_children_access_trust_fund_748684.html Gina Rinehart's four children will divide the family's multimillion-dollar trust fund equally. Wed, 09 May 2012 11:58:54 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Rinehart_children_access_trust_fund_748684.html http://bigpondnews.com/articles/Finance/2012/05/09/Ford_posts_record_loss_748683.html Ford Australia has posted a $290 million annual loss, the biggest deficit in the company's history. Wed, 09 May 2012 11:58:46 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Ford_posts_record_loss_748683.html http://bigpondnews.com/articles/Finance/2012/05/09/A_moves_towards_parity_on_euro_woes_748624.html Fears gripping global markets have seen the Australian dollar fall almost one US cent. Wed, 09 May 2012 07:21:43 GMT http://bigpondnews.com/articles/Finance/2012/05/09/A_moves_towards_parity_on_euro_woes_748624.html http://bigpondnews.com/articles/Finance/2012/05/09/A_down_on_budget_comments_748554.html The $A has fallen almost one US cent on commentary on the budget and concerns about euro zone debt. Wed, 09 May 2012 02:47:12 GMT http://bigpondnews.com/articles/Finance/2012/05/09/A_down_on_budget_comments_748554.html http://bigpondnews.com/articles/Finance/2012/05/09/Yahoo_board_member_to_step_down_748492.html Patti Hart, the Yahoo Inc board member who headed the search for a new CEO, will reportedly step down. Tue, 08 May 2012 23:47:51 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Yahoo_board_member_to_step_down_748492.html http://bigpondnews.com/articles/Finance/2012/05/09/Bank_of_Americas_reduction_offer_748491.html Bank of America will offer homeowners principal reduction as part of an $US25 billion mortgage settlement. Tue, 08 May 2012 23:47:50 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Bank_of_Americas_reduction_offer_748491.html http://bigpondnews.com/articles/Finance/2012/05/09/Budget_falls_short_for_retailers_748490.html The Australia Retailers Association says retailers will suffer from the scrapping of a company tax cut. Tue, 08 May 2012 23:47:48 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Budget_falls_short_for_retailers_748490.html http://bigpondnews.com/articles/Finance/2012/05/09/Disney_profit_beats_forecasts_748489.html The Walt Disney Company says net income in the three months to March 31 rose to $US1.14 billion ($A1.12b). Tue, 08 May 2012 23:47:46 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Disney_profit_beats_forecasts_748489.html http://bigpondnews.com/articles/Finance/2012/05/09/Concordia_in_two_million_euro_settlement_748488.html The owner of the Costa Concordia has paid more than two million euros ($A2.57 million) in a settlement. Tue, 08 May 2012 23:47:44 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Concordia_in_two_million_euro_settlement_748488.html http://bigpondnews.com/articles/Finance/2012/05/09/Surplus_a_challenge_for_govt_says_BCA_748487.html The Business Council of Australia says delivering the forecast budget surplus will challenge the government. Tue, 08 May 2012 23:47:42 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Surplus_a_challenge_for_govt_says_BCA_748487.html http://bigpondnews.com/articles/Finance/2012/05/09/Fed_budget_has_abandoned_companies_748486.html The Tax Institute says Australian companies have been abandoned by the federal government in the budget. Tue, 08 May 2012 23:47:40 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Fed_budget_has_abandoned_companies_748486.html http://bigpondnews.com/articles/Finance/2012/05/09/AI_Group_chief_says_budget_is_harsh_748485.html AI Group chief Innes Willox says the decision to scrap the corporate tax cut is a major blow to business. Tue, 08 May 2012 23:47:39 GMT http://bigpondnews.com/articles/Finance/2012/05/09/AI_Group_chief_says_budget_is_harsh_748485.html http://bigpondnews.com/articles/Finance/2012/05/09/Tax_cuts_for_rivals_of_major_banks_748484.html Small lenders have received tax cuts in the budget aimed at increasing competition in the banking sector. Tue, 08 May 2012 23:47:38 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Tax_cuts_for_rivals_of_major_banks_748484.html http://bigpondnews.com/articles/Finance/2012/05/09/Oppn_promises_a_surplus_10x_Labors_748483.html Opposition finance spokesman Andrew Robb says a coalition govt would aim deliver a surplus worth 1% of GDP. Tue, 08 May 2012 23:47:37 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Oppn_promises_a_surplus_10x_Labors_748483.html http://bigpondnews.com/articles/Finance/2012/05/09/CBA_cuts_fixed_rate_home_loans_748482.html CBA is cutting its one- and three-year fixed rate home loans, but not by the full RBA 50-basis-point cut. Tue, 08 May 2012 23:47:35 GMT http://bigpondnews.com/articles/Finance/2012/05/09/CBA_cuts_fixed_rate_home_loans_748482.html http://bigpondnews.com/articles/Finance/2012/05/09/Business_confused_by_budget_-_Hockey_748481.html Shadow treasurer Joe Hockey says the business community is confused by mixed signals in the federal budget. Tue, 08 May 2012 23:47:34 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Business_confused_by_budget_-_Hockey_748481.html http://bigpondnews.com/articles/Finance/2012/05/09/Government_debt_is_tiny_says_Wong_748480.html Finance Minister Penny Wong says the size of Australia's net debt is 'tiny' by international standards. Tue, 08 May 2012 23:47:33 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Government_debt_is_tiny_says_Wong_748480.html http://bigpondnews.com/articles/Finance/2012/05/09/PM_determined_to_cut_company_tax_748479.html Prime Minister Julia Gillard says she remains determined to deliver a company tax cut. Tue, 08 May 2012 23:47:31 GMT http://bigpondnews.com/articles/Finance/2012/05/09/PM_determined_to_cut_company_tax_748479.html http://bigpondnews.com/articles/Finance/2012/05/09/Swan_defends_axing_of_company_tax_cut_748478.html Wayne Swan says the government gave up on a company tax cut because it wouldn't have passed the parliament. Tue, 08 May 2012 23:47:30 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Swan_defends_axing_of_company_tax_cut_748478.html http://bigpondnews.com/articles/Finance/2012/05/09/Toshibas_profit_drops_by_nearly_half_748500.html Japan's Toshiba says its full-year net profit has fallen by almost half to $US921 million ($A905.92m). Tue, 08 May 2012 23:47:24 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Toshibas_profit_drops_by_nearly_half_748500.html http://bigpondnews.com/articles/Finance/2012/05/09/Mitsubishi_Corp_full-year_profit_down_748502.html Japan's Mitsubishi Corporation says its full-year net profit edged down 2.3% to Y453.8 billion ($A5.58b). Tue, 08 May 2012 23:47:24 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Mitsubishi_Corp_full-year_profit_down_748502.html http://bigpondnews.com/articles/Finance/2012/05/09/US_employers_post_most_jobs_in_four_yrs_748501.html US companies in March posted the highest number of job openings in nearly four years. Tue, 08 May 2012 23:47:24 GMT http://bigpondnews.com/articles/Finance/2012/05/09/US_employers_post_most_jobs_in_four_yrs_748501.html http://bigpondnews.com/articles/Finance/2012/05/09/UK_must_stand_by_austerity_says_Cameron_748497.html David Cameron says Britain must stick to its tough austerity measures despite doubts elsewhere in Europe. Tue, 08 May 2012 23:47:23 GMT http://bigpondnews.com/articles/Finance/2012/05/09/UK_must_stand_by_austerity_says_Cameron_748497.html http://bigpondnews.com/articles/Finance/2012/05/09/Aviva_CEO_quits_after_shareholder_revolt_748499.html The CEO of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay. Tue, 08 May 2012 23:47:23 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Aviva_CEO_quits_after_shareholder_revolt_748499.html http://bigpondnews.com/articles/Finance/2012/05/09/Tax_hit_weighs_on_HSBCs_Q1_profit_748498.html HSBC Holdings Plc has seen its first-quarter net profits fall by 38 per cent to $US2.58 billion ($A2.54b). Tue, 08 May 2012 23:47:23 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Tax_hit_weighs_on_HSBCs_Q1_profit_748498.html http://bigpondnews.com/articles/Finance/2012/05/09/Greek_leftist_vows_to_reject_loan_terms_748496.html Greece's radical left party has vowed to reject all austerity measures imposed under an EU-IMF loan deal. Tue, 08 May 2012 23:47:22 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Greek_leftist_vows_to_reject_loan_terms_748496.html http://bigpondnews.com/articles/Finance/2012/05/09/Wilton_airport_back_on_agenda_748494.html The federal government will investigate Wilton as a site for a second Sydney airport. Tue, 08 May 2012 23:47:22 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Wilton_airport_back_on_agenda_748494.html http://bigpondnews.com/articles/Finance/2012/05/09/Retailers_praise_budget_cash_splash_748495.html Retailers have welcomed the budget, saying they expect money directed at families will act as a stimulus. Tue, 08 May 2012 23:47:22 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Retailers_praise_budget_cash_splash_748495.html http://bigpondnews.com/articles/Finance/2012/05/09/News_aggregator_Ongo_to_shut_down_748493.html Online news aggregator Ongo says it will close down by the end of the month. Tue, 08 May 2012 23:47:21 GMT http://bigpondnews.com/articles/Finance/2012/05/09/News_aggregator_Ongo_to_shut_down_748493.html http://bigpondnews.com/articles/Finance/2012/05/09/Key_overseas_finance_markers_748447.html The NY stock market in has closed lower, with final figures for the Dow Jones and S &P down. Tue, 08 May 2012 22:55:12 GMT http://bigpondnews.com/articles/Finance/2012/05/09/Key_overseas_finance_markers_748447.html http://bigpondnews.com/articles/Finance/2012/05/09/A_lower_on_Greek_debt_comments_748446.html The Australian dollar is lower on concern that Greek leaders won't agree on the country's debt bailout. Tue, 08 May 2012 22:49:01 GMT http://bigpondnews.com/articles/Finance/2012/05/09/A_lower_on_Greek_debt_comments_748446.html http://bigpondnews.com/articles/Finance/2012/05/08/Budget_paves_way_for_rate_cuts-_CFMEU_748327.html The budget will ease pressure on manufacturers by paving the way for further official interest rate cuts. Tue, 08 May 2012 12:16:47 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Budget_paves_way_for_rate_cuts-_CFMEU_748327.html http://bigpondnews.com/articles/Finance/2012/05/08/Accounting_chicanery_the_budget_winner_748319.html Accounting chicanery was the winner in returning the 2012-13 budget to surplus, the association says. Tue, 08 May 2012 12:07:41 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Accounting_chicanery_the_budget_winner_748319.html http://bigpondnews.com/articles/Finance/2012/05/08/Budget_ignores_housing_says_industry_748295.html The housing industry says the federal budget has ignored a weak property and construction sector. Tue, 08 May 2012 11:15:10 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Budget_ignores_housing_says_industry_748295.html http://bigpondnews.com/articles/Finance/2012/05/08/Public_sector_to_lose_4200_jobs-_CPSU_748293.html The govt's pursuit of a budget surplus will cost 4200 jobs, says the Community and Public Sector Union. Tue, 08 May 2012 11:15:07 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Public_sector_to_lose_4200_jobs-_CPSU_748293.html http://bigpondnews.com/articles/Finance/2012/05/08/Winemakers_drink_to_budget_748282.html Winemakers say the federal budget will help them restructure and refocus on export opportunities in Asia. Tue, 08 May 2012 10:55:30 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Winemakers_drink_to_budget_748282.html http://bigpondnews.com/articles/Finance/2012/05/08/Super_measures_create_uncertainty_748269.html The federal budget will limit opportunities for older workers to build their nest eggs, says AIST Tue, 08 May 2012 10:41:52 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Super_measures_create_uncertainty_748269.html http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_wont_be_delivered-_Palmer_748260.html Qld mining billionaire Clive Palmer says the forecast surplus in the federal budget won't be delivered. Tue, 08 May 2012 10:35:42 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_wont_be_delivered-_Palmer_748260.html http://bigpondnews.com/articles/Finance/2012/05/08/Yes_to_tax_breaks_but_no_to_cuts_748258.html Australia's 2.7 million small businesses won't be getting any tax cuts but will get other tax breaks. Tue, 08 May 2012 10:29:29 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Yes_to_tax_breaks_but_no_to_cuts_748258.html http://bigpondnews.com/articles/Finance/2012/05/08/ACTU_says_budget_good_in_places_748256.html The ACTU says the federal Labor government faced a difficult task in delivering a budget surplus. Tue, 08 May 2012 10:22:30 GMT http://bigpondnews.com/articles/Finance/2012/05/08/ACTU_says_budget_good_in_places_748256.html http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_means_rate_cuts-_economist_748251.html The federal budget's return to surplus should mean lower interest rates, economists say. Tue, 08 May 2012 10:18:18 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_means_rate_cuts-_economist_748251.html http://bigpondnews.com/articles/Finance/2012/05/08/Govt_ups_taxes_on_golden_handshakes_748242.html Executives will pay more tax on golden handshakes as the federal government aims to increase its revenues. Tue, 08 May 2012 10:10:56 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Govt_ups_taxes_on_golden_handshakes_748242.html http://bigpondnews.com/articles/Finance/2012/05/08/A_unchanged_after_budget_relese_748235.html The Australian dollar was almost unchanged following the official release of the federal budget. Tue, 08 May 2012 09:57:05 GMT http://bigpondnews.com/articles/Finance/2012/05/08/A_unchanged_after_budget_relese_748235.html http://bigpondnews.com/articles/Finance/2012/05/08/Retailers_welcome_payments_to_families_748229.html Retailers have backed the federal govt's decision to provide low-income families with upfront payments. Tue, 08 May 2012 09:54:16 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Retailers_welcome_payments_to_families_748229.html http://bigpondnews.com/articles/Finance/2012/05/08/Business_laments_company_tax_decision_748221.html Business is unhappy with the federal government's decision to scrap a cut in the company tax rate. Tue, 08 May 2012 09:51:27 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Business_laments_company_tax_decision_748221.html http://bigpondnews.com/articles/Finance/2012/05/08/Dollar_higher_despite_Euro_fears_748208.html The Australian dollar has moved slightly higher, recovering some of the gains lost in Monday's sell-off. Tue, 08 May 2012 09:08:47 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Dollar_higher_despite_Euro_fears_748208.html http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth-IMF_chief_748194.html IMF chief Christine Lagarde has urged European governments to reduce deficits gradually. Tue, 08 May 2012 08:51:28 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth-IMF_chief_748194.html http://bigpondnews.com/articles/Finance/2012/05/08/Coal_issues_hit_exports_-_economists_748197.html Flooding and industrial action hit coal exports and saw Australia's trade deficit widen in March. Tue, 08 May 2012 08:23:00 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Coal_issues_hit_exports_-_economists_748197.html http://bigpondnews.com/articles/Finance/2012/05/08/Spain_to_present_new_bank_clean-up_measu_748192.html The Spanish PM says he will present a new strategy to help banks and ease a key source of economic worry. Tue, 08 May 2012 08:16:08 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Spain_to_present_new_bank_clean-up_measu_748192.html http://bigpondnews.com/articles/Finance/2012/05/08/Luxury_goods_market_to_grow_7pc_748186.html The global luxury market is forecast to grow by up to seven per cent in 2012 despite the financial crisis. Tue, 08 May 2012 07:51:17 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Luxury_goods_market_to_grow_7pc_748186.html http://bigpondnews.com/articles/Finance/2012/05/08/Centro_Retail_in_trading_halt_748183.html Centro Retail shares have gone into a trading halt on pending settlement discussions in it class action suit Tue, 08 May 2012 07:32:08 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Centro_Retail_in_trading_halt_748183.html http://bigpondnews.com/articles/Finance/2012/05/08/Hasty_surplus_not_needed-_ANZ_chief_748181.html The head of the ANZ bank says it's not necessary for the government to deliver a surplus in the budget. Tue, 08 May 2012 07:24:49 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Hasty_surplus_not_needed-_ANZ_chief_748181.html http://bigpondnews.com/articles/Finance/2012/05/08/Leighton_firms_win_700m_contracts_748175.html Two subsidiaries of Leighton Holdings have won $700 million in new contracts in Indonesia and Australia. Tue, 08 May 2012 07:16:59 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Leighton_firms_win_700m_contracts_748175.html http://bigpondnews.com/articles/Finance/2012/05/08/Aust_share_market_closes_slightly_higher_748163.html The Aust share market has closed slightly higher, after better than expected trading on US and Euro markets Tue, 08 May 2012 07:07:57 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Aust_share_market_closes_slightly_higher_748163.html http://bigpondnews.com/articles/Finance/2012/05/08/Wetpac_CEO_backs_PM_Gillard_748154.html Westpac CEO Gail Kelly urges Australian business leaders to cooperate, not combat, with PM Julia Gillard. Tue, 08 May 2012 06:51:28 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Wetpac_CEO_backs_PM_Gillard_748154.html http://bigpondnews.com/articles/Finance/2012/05/08/CBA_executive_McEwan_resigns_748149.html CBA retail executive Ross McEwan has resigned to take up a senior position with the Royal Bank of Scotland. Tue, 08 May 2012 06:43:16 GMT http://bigpondnews.com/articles/Finance/2012/05/08/CBA_executive_McEwan_resigns_748149.html http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_launch_investors_drive_748144.html Facebook executives are on an investors 'road show' in a marketing drive ahead of their launch on the Nasdaq Tue, 08 May 2012 06:33:08 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_launch_investors_drive_748144.html http://bigpondnews.com/articles/Finance/2012/05/08/A_up_despite_weak_trade_data_748095.html The Australian dollar is almost a quarter of a US cent higher, despite weaker than expected trade data. Tue, 08 May 2012 04:19:55 GMT http://bigpondnews.com/articles/Finance/2012/05/08/A_up_despite_weak_trade_data_748095.html http://bigpondnews.com/articles/Finance/2012/05/08/Iluka_to_cut_zircon_production_748077.html Iluka says it will cut its annual production of zircon because the global economic outlook remains unclear. Tue, 08 May 2012 03:47:04 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Iluka_to_cut_zircon_production_748077.html http://bigpondnews.com/articles/Finance/2012/05/08/BHP_Billiton_announces_two_appointments_748068.html BHP Billiton has announced the appointment of Ian Maxwell as President Energy Coal. Tue, 08 May 2012 03:31:14 GMT http://bigpondnews.com/articles/Finance/2012/05/08/BHP_Billiton_announces_two_appointments_748068.html http://bigpondnews.com/articles/Finance/2012/05/08/OneSteel_announces_name_change_approval_748067.html OneSteel shareholders have voted in favour of changing the company's name to Arrium. Tue, 08 May 2012 03:31:12 GMT http://bigpondnews.com/articles/Finance/2012/05/08/OneSteel_announces_name_change_approval_748067.html http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_buys_mobile_discovery_startup_748066.html Facebook has ramped up its focus on mobile lifestyles, purchasing 'social discovery' start-up Glancee. Tue, 08 May 2012 03:31:10 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_buys_mobile_discovery_startup_748066.html http://bigpondnews.com/articles/Finance/2012/05/08/Trade_deficit_widens_for_March_748065.html The Australian Bureau of Statistics says Australia's trade deficit widened in March. Tue, 08 May 2012 03:31:05 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Trade_deficit_widens_for_March_748065.html http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_013_higher_at_noon_748047.html Aus shares were slightly higher at noon, in response to a better than expected day of trading on Wall St. Tue, 08 May 2012 02:56:29 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_013_higher_at_noon_748047.html http://bigpondnews.com/articles/Finance/2012/05/08/CBA_cuts_fixed_home_loan_rates_748044.html The CBA is cutting interest rates on its one and three-year fixed home loans by up to 0.34 percentage point. Tue, 08 May 2012 02:44:46 GMT http://bigpondnews.com/articles/Finance/2012/05/08/CBA_cuts_fixed_home_loan_rates_748044.html http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_open_028_higher_748020.html Aust shares opened slightly higher after gains for European stocks when their markets had a change of heart. Tue, 08 May 2012 00:58:27 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_open_028_higher_748020.html http://bigpondnews.com/articles/Finance/2012/05/08/A_higher_after_European_elections_747995.html The Aussie dollar is almost half a US cent higher on more positive sentiment surrounding Europe's elections. Mon, 07 May 2012 23:08:12 GMT http://bigpondnews.com/articles/Finance/2012/05/08/A_higher_after_European_elections_747995.html http://bigpondnews.com/articles/Finance/2012/05/08/Australian_market_to_open_higher_747994.html The Aussie market looks to open higher after Wall Street closed mixed and European stocks finished higher. Mon, 07 May 2012 23:08:10 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Australian_market_to_open_higher_747994.html http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth_-_IMF_747979.html The head of the IMF has urged indebted countries in Europe to reduce their budget deficits only gradually. Mon, 07 May 2012 21:49:52 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth_-_IMF_747979.html http://bigpondnews.com/articles/Finance/2012/05/08/Forrest_slams_Rinehart_on_foreign_labour_747980.html Andrew Forrest has criticised Gina Rinehart for employing foreign workers instead of indigenous labour. Mon, 07 May 2012 21:49:51 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Forrest_slams_Rinehart_on_foreign_labour_747980.html http://bigpondnews.com/articles/Finance/2012/05/08/NSW_to_get_200m_in_budget_for_roads_747953.html NSW is set to receive $200 million in the federal budget to plan big-ticket road projects. Mon, 07 May 2012 21:03:20 GMT http://bigpondnews.com/articles/Finance/2012/05/08/NSW_to_get_200m_in_budget_for_roads_747953.html http://bigpondnews.com/articles/Finance/2012/05/08/Attempt_at_forming_Greek_coalition_fails_747954.html The leader of the Greek conservative party says his efforts to form a coalition government have failed. Mon, 07 May 2012 21:03:19 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Attempt_at_forming_Greek_coalition_fails_747954.html http://bigpondnews.com/articles/Finance/2012/05/08/Suzuki_recalls_over_100000_Swifts_747955.html Suzuki Motor says it will recall about 109,000 Swift cars to repair a defect that may cause petrol leakage. Mon, 07 May 2012 21:03:17 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Suzuki_recalls_over_100000_Swifts_747955.html http://bigpondnews.com/articles/Finance/2012/05/08/EUs_fiscal_problems_to_linger_-_Buffett_747956.html Warren Buffett says Europe will find resolving its fiscal problems tough because of the structure of the EU. Mon, 07 May 2012 21:03:16 GMT http://bigpondnews.com/articles/Finance/2012/05/08/EUs_fiscal_problems_to_linger_-_Buffett_747956.html http://bigpondnews.com/articles/Finance/2012/05/08/Greek_political_earthquake_rattles_EU_747957.html Greece faces an uncertain future after an election shake-up by parties opposed to further austerity cuts. Mon, 07 May 2012 21:03:15 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Greek_political_earthquake_rattles_EU_747957.html http://bigpondnews.com/articles/Finance/2012/05/08/Budget_surplus_not_just_one-off_-_Swan_747917.html Treasurer Wayne Swan says his promise to return the budget to surplus in 2012/13 will not just be a one-off. Mon, 07 May 2012 19:04:00 GMT http://bigpondnews.com/articles/Finance/2012/05/08/Budget_surplus_not_just_one-off_-_Swan_747917.html http://bigpondnews.com/articles/Finance/2012/05/07/Stocks_fall_as_Greece_is_the_word_747829.html The Aust share market has taken a beating after concerns over the euro zone and disappointing US jobs data. Mon, 07 May 2012 08:41:30 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Stocks_fall_as_Greece_is_the_word_747829.html http://bigpondnews.com/articles/Finance/2012/05/07/Vic_fire_brigade_staff_stop_work_747822.html About 100 corporate and technical staff at the Metropolitan Fire Brigade have held work stoppages. Mon, 07 May 2012 07:46:03 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Vic_fire_brigade_staff_stop_work_747822.html http://bigpondnews.com/articles/Finance/2012/05/07/Data_strong_but_unconvincing_747819.html Retail and residential building figures were stronger than expected in March but not strong enough. Mon, 07 May 2012 07:37:10 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Data_strong_but_unconvincing_747819.html http://bigpondnews.com/articles/Finance/2012/05/07/CBA_to_cut_100_jobs_in_Melbourne_747813.html Commonwealth Bank will cut about 100 jobs in Melbourne as it scales back to deal with weak demand. Mon, 07 May 2012 07:16:35 GMT http://bigpondnews.com/articles/Finance/2012/05/07/CBA_to_cut_100_jobs_in_Melbourne_747813.html http://bigpondnews.com/articles/Finance/2012/05/07/Leighton_pushes_back_Brisbane_link_road_747811.html Leighton Holding's shares dipped after a delay on the completion of Brisbane's Airport Link was announced. Mon, 07 May 2012 07:16:07 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Leighton_pushes_back_Brisbane_link_road_747811.html http://bigpondnews.com/articles/Finance/2012/05/07/Building_approvals_rose_74_in_March_747809.html The Australian Bureau of Statistics has released building approvals data for March. Mon, 07 May 2012 07:11:30 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Building_approvals_rose_74_in_March_747809.html http://bigpondnews.com/articles/Finance/2012/05/07/Retail_spending_growth_could_be_a_blip_747807.html A significant increase in retail spending could be nothing more than a statistical blip, says retailer group Mon, 07 May 2012 07:09:44 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Retail_spending_growth_could_be_a_blip_747807.html http://bigpondnews.com/articles/Finance/2012/05/07/Retail_trade_rose_09_in_March_747804.html Retail trade rose in March to a seasonally adjusted $21.231 billion. Mon, 07 May 2012 07:06:35 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Retail_trade_rose_09_in_March_747804.html http://bigpondnews.com/articles/Finance/2012/05/07/Aust_shares_close_lower_747785.html The Aust share market has closed more than two per cent lower after a historic regime change in France. Mon, 07 May 2012 06:33:13 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Aust_shares_close_lower_747785.html http://bigpondnews.com/articles/Finance/2012/05/07/Job_advertisements_post_fall_in_April_747730.html A survey shows job advertisements posted a sharp fall in April after three consecutive months of rises. Mon, 07 May 2012 03:52:54 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Job_advertisements_post_fall_in_April_747730.html http://bigpondnews.com/articles/Finance/2012/05/07/Good_data_reduces_chance_of_rate_cuts_747729.html The Australian Bureau of Statistics has reported that retail spending rose 0.9 per cent in March. Mon, 07 May 2012 03:52:51 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Good_data_reduces_chance_of_rate_cuts_747729.html http://bigpondnews.com/articles/Finance/2012/05/07/Swan_set_to_deliver_fair-go_budget_747713.html Treasurer Wayne Swan is preparing to deliver what he calls a 'tough, but fair-go budget' on Tuesday night. Mon, 07 May 2012 03:15:00 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Swan_set_to_deliver_fair-go_budget_747713.html http://bigpondnews.com/articles/Finance/2012/05/07/Margaret_Seale_joins_Telstra_board_747708.html Random House managing director Margaret Seale has joined Telstra's board as a non-executive director. Mon, 07 May 2012 03:00:37 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Margaret_Seale_joins_Telstra_board_747708.html http://bigpondnews.com/articles/Finance/2012/05/07/A_down_on_weak_US_jobs_Euro_elections_747695.html The Australian dollar has fallen on weak US jobs data and news from European elections. Mon, 07 May 2012 02:40:43 GMT http://bigpondnews.com/articles/Finance/2012/05/07/A_down_on_weak_US_jobs_Euro_elections_747695.html http://bigpondnews.com/articles/Finance/2012/05/07/Aus_stocks_down_15_per_cent_at_noon_747694.html Australian stocks were more than 1.5 per cent lower at noon following losses on Wall Street. Mon, 07 May 2012 02:40:36 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Aus_stocks_down_15_per_cent_at_noon_747694.html http://bigpondnews.com/articles/Finance/2012/05/07/Whitehaven_makes_172m_bid_for_Coalworks_747658.html Whitehaven Coal is continuing its expansion, launching a $172 million offer for NSW coal explorer Coalworks. Mon, 07 May 2012 02:02:35 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Whitehaven_makes_172m_bid_for_Coalworks_747658.html http://bigpondnews.com/articles/Finance/2012/05/07/Alesco_waits_for_details_of_takeover_bid_747657.html Alesco has urged its shareholders to take no action on a $188 million takeover offer from DuluxGroup Mon, 07 May 2012 02:02:34 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Alesco_waits_for_details_of_takeover_bid_747657.html http://bigpondnews.com/articles/Finance/2012/05/07/Business_conditions_weak_in_April_-_NAB_747656.html A survey shows business conditions worsened in April, unwinding the gradual improvement in activity. Mon, 07 May 2012 02:02:30 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Business_conditions_weak_in_April_-_NAB_747656.html http://bigpondnews.com/articles/Finance/2012/05/07/Australian_shares_down_15_per_cent_747638.html The Australian share market has opened down nearly one-and-a-half per cent. Mon, 07 May 2012 01:08:15 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Australian_shares_down_15_per_cent_747638.html http://bigpondnews.com/articles/Finance/2012/05/07/Oricas_profit_falls_due_to_leaks_747630.html Chemical leaks at Orica's plant near Newcastle in NSW have contributed to a four per cent drop in profit. Mon, 07 May 2012 00:29:16 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Oricas_profit_falls_due_to_leaks_747630.html http://bigpondnews.com/articles/Finance/2012/05/07/Rail_link_will_still_be_built_-_NSW_govt_747625.html The NSW government has reaffirmed its commitment to the North West Rail Link despite a funding setback. Mon, 07 May 2012 00:21:32 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Rail_link_will_still_be_built_-_NSW_govt_747625.html http://bigpondnews.com/articles/Finance/2012/05/07/Fair_go_budget_endorsed_by_IMF_-_Swan_747623.html Treasurer Wayne Swan says IMF has given a 'ringing endorsement' to Labor's plan to return to surplus. Mon, 07 May 2012 00:21:15 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Fair_go_budget_endorsed_by_IMF_-_Swan_747623.html http://bigpondnews.com/articles/Finance/2012/05/07/Building_activity_falls_again_in_April_747618.html A study has found Australian building activity has slumped, due to weak demand and lower workloads. Sun, 06 May 2012 23:58:18 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Building_activity_falls_again_in_April_747618.html http://bigpondnews.com/articles/Finance/2012/05/07/Suncorp_demands_flood_works_in_Qld_towns_747593.html Suncorp, Queensland's biggest insurer, has stopped writing new policies in two towns that repeatedly flood. Sun, 06 May 2012 22:40:19 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Suncorp_demands_flood_works_in_Qld_towns_747593.html http://bigpondnews.com/articles/Finance/2012/05/07/Dentists_wary_of_package_in_budget_747580.html A budget package with cuts to dental waiting lists is being viewed with scepticism by the profession. Sun, 06 May 2012 22:17:02 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Dentists_wary_of_package_in_budget_747580.html http://bigpondnews.com/articles/Finance/2012/05/07/Hollande_ousts_Sarkozy_in_France_747579.html Socialist Francois Hollande has been elected France's president, ousting incumbent Nicolas Sarkozy. Sun, 06 May 2012 22:17:00 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Hollande_ousts_Sarkozy_in_France_747579.html http://bigpondnews.com/articles/Finance/2012/05/07/Greek_voters_reject_eurozone_austerity_747578.html Parties opposing more austerity cuts have claimed almost 60 per cent support in the Greek elections. Sun, 06 May 2012 22:16:58 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Greek_voters_reject_eurozone_austerity_747578.html http://bigpondnews.com/articles/Finance/2012/05/07/Australian_market_preview_747574.html The Australian market looks set to open lower following the lead of Wall Street. Sun, 06 May 2012 22:16:17 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Australian_market_preview_747574.html http://bigpondnews.com/articles/Finance/2012/05/07/A_more_than_1_US_cent_down_on_jobs_data_747572.html The Australian dollar is more than 1 US cent lower, on disappointing US jobs data, and elections in Europe. Sun, 06 May 2012 22:13:30 GMT http://bigpondnews.com/articles/Finance/2012/05/07/A_more_than_1_US_cent_down_on_jobs_data_747572.html http://bigpondnews.com/articles/Finance/2012/05/07/Childcare_costs_turn_parents_off_kids_747533.html A survey shows seven out of 10 parents are delaying having children because childcare is too expensive. Sun, 06 May 2012 20:21:05 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Childcare_costs_turn_parents_off_kids_747533.html http://bigpondnews.com/articles/Finance/2012/05/07/Thomas_Cook_secures_lenders_deal_747529.html Thomas Cook has announced a new financing deal with its lenders which should secure the group's future. Sun, 06 May 2012 19:59:34 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Thomas_Cook_secures_lenders_deal_747529.html http://bigpondnews.com/articles/Finance/2012/05/07/Doctors_need_to_address_ageing_workforce_747507.html NSW health professionals say doctors need to address the issue of an ageing workforce. Sun, 06 May 2012 19:06:51 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Doctors_need_to_address_ageing_workforce_747507.html http://bigpondnews.com/articles/Finance/2012/05/07/Farmers_miners_pan_NSW_lands_plan_747506.html Farmers have joined miners in criticising a NSW government plan to protect agricultural land. Sun, 06 May 2012 19:06:51 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Farmers_miners_pan_NSW_lands_plan_747506.html http://bigpondnews.com/articles/Finance/2012/05/07/Feds_refuse_to_fund_North_West_Rail_Link_747505.html The federal government has knocked back a NSW request to fund the North West Rail link. Sun, 06 May 2012 19:06:50 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Feds_refuse_to_fund_North_West_Rail_Link_747505.html http://bigpondnews.com/articles/Finance/2012/05/07/ACOSS_wants_PM_to_increase_payments_747504.html The government has been urged to increase welfare allowances rather than cut payments to reduce poverty. Sun, 06 May 2012 19:06:50 GMT http://bigpondnews.com/articles/Finance/2012/05/07/ACOSS_wants_PM_to_increase_payments_747504.html http://bigpondnews.com/articles/Finance/2012/05/07/Quick_RBA_budget_response_no_certainty_747503.html An economic forecaster says there is no guarantee a budget surplus will invoke a rate cut from the RBA. Sun, 06 May 2012 19:06:50 GMT http://bigpondnews.com/articles/Finance/2012/05/07/Quick_RBA_budget_response_no_certainty_747503.html http://bigpondnews.com/articles/Finance/2012/05/06/Govt_to_fund_study_into_Qld_arts_scene_747342.html The Qld govt will fund a study into the future needs of the state's growing arts scene following complaints. Sun, 06 May 2012 03:24:53 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Govt_to_fund_study_into_Qld_arts_scene_747342.html http://bigpondnews.com/articles/Finance/2012/05/06/Govt_panicking_over_carbon_tax_-_Hockey_747340.html The fed govt is revamping the bonus for school children because it is panicked over the carbon tax - Hockey. Sun, 06 May 2012 03:22:05 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Govt_panicking_over_carbon_tax_-_Hockey_747340.html http://bigpondnews.com/articles/Finance/2012/05/06/Costa_company_launches_safety_measures_747338.html New safety measures are being unveiled for Italian cruise ships after the grounding of Costa Concordia. Sun, 06 May 2012 03:20:02 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Costa_company_launches_safety_measures_747338.html http://bigpondnews.com/articles/Finance/2012/05/06/Russian_Norwegian_firms_seek_Arctic_oil_747335.html State oil companies Rosneft and Statoil have signed a deal to jointly explore Russia's offshore deposits. Sun, 06 May 2012 03:16:45 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Russian_Norwegian_firms_seek_Arctic_oil_747335.html http://bigpondnews.com/articles/Finance/2012/05/06/Pacific_Hwy_completion_by_2016_in_doubt_747275.html The completion of the Pacific Highway upgrade, by the 2016 deadline, is in doubt due to state funding. Sat, 05 May 2012 23:53:38 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Pacific_Hwy_completion_by_2016_in_doubt_747275.html http://bigpondnews.com/articles/Finance/2012/05/06/Manufacturers_hoping_for_more_support_747264.html The manufacturing sector is hoping to get more government support in the upcoming federal budget. Sat, 05 May 2012 23:20:52 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Manufacturers_hoping_for_more_support_747264.html http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_children_747224.html Prime Minister Julia Gillard is to unveil a bonus for one million families with school-aged children. Sat, 05 May 2012 20:25:04 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_children_747224.html http://bigpondnews.com/articles/Finance/2012/05/06/EPA_takes_on_industrial_vandals_747212.html The NSW Environment Minister has told companies to clean up their act, after 14 environmental breaches. Sat, 05 May 2012 19:35:55 GMT http://bigpondnews.com/articles/Finance/2012/05/06/EPA_takes_on_industrial_vandals_747212.html http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_kids_747211.html Prime Minister Julia Gillard is to unveil a bonus for one million families with school-aged children. Sat, 05 May 2012 19:35:53 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_kids_747211.html http://bigpondnews.com/articles/Finance/2012/05/06/Bowel_cancer_screens_for_budget_boost_747199.html The federal government is making $50 million available so more people can get free bowel cancer screens. Sat, 05 May 2012 19:14:04 GMT http://bigpondnews.com/articles/Finance/2012/05/06/Bowel_cancer_screens_for_budget_boost_747199.html http://bigpondnews.com/articles/Finance/2012/05/05/Slow_hiring_sends_the_Wall_St_reeling_747064.html US stocks plungedafter the government reported that hiring slowed sharply last month. Sat, 05 May 2012 06:52:59 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Slow_hiring_sends_the_Wall_St_reeling_747064.html http://bigpondnews.com/articles/Finance/2012/05/05/US_market_for_business_jets_crashes_747063.html Economic turbulence has shrunk the US market for business jets. Sat, 05 May 2012 06:49:26 GMT http://bigpondnews.com/articles/Finance/2012/05/05/US_market_for_business_jets_crashes_747063.html http://bigpondnews.com/articles/Finance/2012/05/05/Carbon_tax_leaving_330_entities_to_pay_746954.html The regulator which will oversee the carbon tax expects around 330 entities will be liable to pay the tax. Sat, 05 May 2012 00:10:55 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Carbon_tax_leaving_330_entities_to_pay_746954.html http://bigpondnews.com/articles/Finance/2012/05/05/A_trading_at_10186_US_cents_746910.html The Dow Jones Industrial Average is DOWN 147.92 points at 13058.67 in late trading in New York. Fri, 04 May 2012 21:14:12 GMT http://bigpondnews.com/articles/Finance/2012/05/05/A_trading_at_10186_US_cents_746910.html http://bigpondnews.com/articles/Finance/2012/05/05/Indias_Reliance_hit_with_US125bn_fine_746907.html India's govt has asked Reliance Industries to pay a $US1.25 billion penalty for a fall in gas production. Fri, 04 May 2012 21:11:19 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Indias_Reliance_hit_with_US125bn_fine_746907.html http://bigpondnews.com/articles/Finance/2012/05/05/Tokyo_to_track_US_jobs_Europe_polls_746905.html Investors are to look to US economic data and France and Greece's elections after Tokyo's tepid trade. Fri, 04 May 2012 21:08:35 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Tokyo_to_track_US_jobs_Europe_polls_746905.html http://bigpondnews.com/articles/Finance/2012/05/05/Asset_sale_lifts_BNP_Paribas_earnings_746868.html French bank BNP Paribas says a gain on the sale of its property arm has helped lift first quarter earnings. Fri, 04 May 2012 19:09:37 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Asset_sale_lifts_BNP_Paribas_earnings_746868.html http://bigpondnews.com/articles/Finance/2012/05/05/US_unemployment_dips_to_81_per_cent_746866.html US unemployment rate has fallen to 8.1 per cent in April as the economy created a modest 115,000 jobs. Fri, 04 May 2012 19:05:12 GMT http://bigpondnews.com/articles/Finance/2012/05/05/US_unemployment_dips_to_81_per_cent_746866.html http://bigpondnews.com/articles/Finance/2012/05/05/US_stocks_sink_after_poor_jobs_numbers_746863.html US job creation shows a poor figure for April sending US stocks lower on opening. Fri, 04 May 2012 19:02:16 GMT http://bigpondnews.com/articles/Finance/2012/05/05/US_stocks_sink_after_poor_jobs_numbers_746863.html http://bigpondnews.com/articles/Finance/2012/05/05/Commissioner_to_inspect_unclean_hospital_746860.html Staff at a major Sydney hospital will hold off on industrial action while a referee inspects the facility. Fri, 04 May 2012 18:49:17 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Commissioner_to_inspect_unclean_hospital_746860.html http://bigpondnews.com/articles/Finance/2012/05/05/RBA_govt_GDP_forecasts_similar_-_Swan_746858.html Wayne Swan is basing his upcoming federal budget on similar economic parameters to the central bank. Fri, 04 May 2012 18:41:16 GMT http://bigpondnews.com/articles/Finance/2012/05/05/RBA_govt_GDP_forecasts_similar_-_Swan_746858.html http://bigpondnews.com/articles/Finance/2012/05/05/Oils_dramatic_drop_to_US100_746856.html The price of oil in the US has dropped below $US100 per barrel for the first time since February. Fri, 04 May 2012 18:36:30 GMT http://bigpondnews.com/articles/Finance/2012/05/05/Oils_dramatic_drop_to_US100_746856.html http://bigpondnews.com/articles/Finance/2012/05/04/Falling_GST_payments_to_hit_SA_hard_746790.html A big slump in GST payments is expected to hit SA hard when the federal budget is handed down next week. Fri, 04 May 2012 09:08:02 GMT http://bigpondnews.com/articles/Finance/2012/05/04/Falling_GST_payments_to_hit_SA_hard_746790.html http://bigpondnews.com/articles/Finance/2012/05/04/Fair_Work_to_reveal_HSU_action_746789.html Fair Work Australia is preparing their response to a report into financial impropriety by HSU officials. Fri, 04 May 2012 09:07:57 GMT http://bigpondnews.com/articles/Finance/2012/05/04/Fair_Work_to_reveal_HSU_action_746789.html http://bigpondnews.com/articles/Finance/2012/05/04/RBA_gives_no_hints_on_rates_746788.html The Reserve Bank of Australia has slashed its growth and inflation forecasts for the next 18 months. Fri, 04 May 2012 09:07:49 GMT http://bigpondnews.com/articles/Finance/2012/05/04/RBA_gives_no_hints_on_rates_746788.html http://bigpondnews.com/articles/Finance/2012/05/04/ConsMedia_says_not_selling_Foxtel_stake_746786.html Consolidated Media Holdings says its one-quarter stake of pay television provider Foxtel is not for sale. Fri, 04 May 2012 09:06:25 GMT http://bigpondnews.com/articles/Finance/2012/05/04/ConsMedia_says_not_selling_Foxtel_stake_746786.html http://bigpondnews.com/articles/Finance/2012/05/04/Westpac_hands_businesses_full_rate_cut_746785.html Westpac handed businesses a 50 basis point rate cut but held back some RBA's reduction from home owners. Fri, 04 May 2012 09:06:21 GMT http://bigpondnews.com/articles/Finance/2012/05/04/Westpac_hands_businesses_full_rate_cut_746785.html http://bigpondnews.com/articles/Finance/2012/05/04/Aust_stocks_lower_at_noon_746685.html Australian stocks remained weaker at noon as investors reduced their exposure to riskier investments. Fri, 04 May 2012 02:57:51 GMT http://bigpondnews.com/articles/Finance/2012/05/04/Aust_stocks_lower_at_noon_746685.html http://bigpondnews.com/articles/Finance/2012/05/04/A_down_on_strong_US_dollar_746684.html The Australian dollar has fallen slightly on a strong US currency. Fri, 04 May 2012 02:57:44 GMT http://bigpondnews.com/articles/Finance/2012/05/04/A_down_on_strong_US_dollar_746684.html http://bigpondnews.com/articles/Finance/2012/05/04/A_lower_ahead_of_US_data_746650.html The Australian dollar is lower on weak commodity prices and ahead of key US jobs data. Thu, 03 May 2012 23:58:35 GMT http://bigpondnews.com/articles/Finance/2012/05/04/A_lower_ahead_of_US_data_746650.html http://bigpondnews.com/articles/Finance/2012/05/03/Coles-branded_frozen_veg_home_grown_746478.html Coles' supermarket-branded frozen vegetable line is to be completely home-grown. Thu, 03 May 2012 12:06:09 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Coles-branded_frozen_veg_home_grown_746478.html http://bigpondnews.com/articles/Finance/2012/05/03/Westpac_tight_lipped_on_rate_cut_746465.html Westpac is sitting on the sidelines and refusing to say whether it will pass on an interest rate cut. Thu, 03 May 2012 11:57:04 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Westpac_tight_lipped_on_rate_cut_746465.html http://bigpondnews.com/articles/Finance/2012/05/03/High_Court_rules_against_Hardie_director_746487.html The corporate watchdog has won a High Court decision against seven former James Hardie directors. Thu, 03 May 2012 11:57:01 GMT http://bigpondnews.com/articles/Finance/2012/05/03/High_Court_rules_against_Hardie_director_746487.html http://bigpondnews.com/articles/Finance/2012/05/03/US_urges_China_to_allow_yuan_to_rise_746466.html US Treasury Secretary Timothy Geithner has urged China to allow its currency to strengthen further. Thu, 03 May 2012 11:56:59 GMT http://bigpondnews.com/articles/Finance/2012/05/03/US_urges_China_to_allow_yuan_to_rise_746466.html http://bigpondnews.com/articles/Finance/2012/05/03/1st_Fleet_shut_down_600_jobs_to_go_746467.html National trucking firm 1st Fleet has been shut down, with about 600 jobs expected to be lost. Thu, 03 May 2012 11:56:51 GMT http://bigpondnews.com/articles/Finance/2012/05/03/1st_Fleet_shut_down_600_jobs_to_go_746467.html http://bigpondnews.com/articles/Finance/2012/05/03/Asciano_expects_2nd_half_earnings_lift_746468.html Delays in finalising a workplace agreement could hamper earnings growth at ports and rail operator Asciano. Thu, 03 May 2012 11:56:48 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Asciano_expects_2nd_half_earnings_lift_746468.html http://bigpondnews.com/articles/Finance/2012/05/03/Price_war_hurts_Harvey_Norman_746469.html Harvey Norman has suffered a 25 per cent drop in profit in the March quarter. Thu, 03 May 2012 11:56:33 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Price_war_hurts_Harvey_Norman_746469.html http://bigpondnews.com/articles/Finance/2012/05/03/Rios_capital_costs_global_problem_PM_746470.html Julia Gillard says Rio Tinto is facing capital cost increases around the world, but not Australia. Thu, 03 May 2012 11:56:26 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Rios_capital_costs_global_problem_PM_746470.html http://bigpondnews.com/articles/Finance/2012/05/03/Transfield_jv_to_transform_Syd_ferries_746471.html Transfield Service and Veolia Transdev have won a $800m contract to maintain and operate Sydney ferries. Thu, 03 May 2012 11:56:23 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Transfield_jv_to_transform_Syd_ferries_746471.html http://bigpondnews.com/articles/Finance/2012/05/03/MasterCard_profit_up_on_international_us_746472.html MasterCard says the amount of purchases the company processed in the first quarter jumped 29 per cent. Thu, 03 May 2012 11:56:21 GMT http://bigpondnews.com/articles/Finance/2012/05/03/MasterCard_profit_up_on_international_us_746472.html http://bigpondnews.com/articles/Finance/2012/05/03/ACCC_to_probe_fuel_company_collusion_746473.html The ACCC has launched a formal investigation into price information sharing between petrol companies. Thu, 03 May 2012 11:56:16 GMT http://bigpondnews.com/articles/Finance/2012/05/03/ACCC_to_probe_fuel_company_collusion_746473.html http://bigpondnews.com/articles/Finance/2012/05/03/Chinese_company_to_buy_Weetabix_746474.html British cereal favourite Weetabix is to come under Chinese ownership bought by Shanghai firm Bright Food. Thu, 03 May 2012 11:56:15 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Chinese_company_to_buy_Weetabix_746474.html http://bigpondnews.com/articles/Finance/2012/05/03/Skilled_building_labour_supply_weak_HIA_746475.html The housing sector is struggling, but there is a shortage of skilled labour in parts of the building sector. Thu, 03 May 2012 11:56:12 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Skilled_building_labour_supply_weak_HIA_746475.html http://bigpondnews.com/articles/Finance/2012/05/03/Penfolds_releases_Grange_2007_746476.html Penfold's has released the Grange 2007 in Adelaide. Thu, 03 May 2012 11:56:10 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Penfolds_releases_Grange_2007_746476.html http://bigpondnews.com/articles/Finance/2012/05/03/Dental_care_the_focus_of_health_budget_746477.html The federal govt will pump new funds into dental care in the budget but not as much as health experts want. Thu, 03 May 2012 11:56:08 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Dental_care_the_focus_of_health_budget_746477.html http://bigpondnews.com/articles/Finance/2012/05/03/Aust_tourism_goes_behind_China_firewall_746479.html Tourism Australia will build a website behind China's 'golden shield' firewall to promote Aussie holidays. Thu, 03 May 2012 11:56:04 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Aust_tourism_goes_behind_China_firewall_746479.html http://bigpondnews.com/articles/Finance/2012/05/03/EU_inches_closer_to_deal_on_bank_capital_746480.html EU finance ministers inched closer to an agreement to beef up capital rules for banks against future crises. Thu, 03 May 2012 11:56:02 GMT http://bigpondnews.com/articles/Finance/2012/05/03/EU_inches_closer_to_deal_on_bank_capital_746480.html http://bigpondnews.com/articles/Finance/2012/05/03/Eureka_Energy_rejects_107m_takeover_bid_746481.html Oil and gas producer Eureka Energy has rejected a $107 million takeover offer from Aurora Oil & Gas. Thu, 03 May 2012 11:56:00 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Eureka_Energy_rejects_107m_takeover_bid_746481.html http://bigpondnews.com/articles/Finance/2012/05/03/IBA_spent_2000_on_movie_park_visit_746482.html Indigenous Business Australia spent $2000 taking 15 senior staff members to a Gold Coast theme park. Thu, 03 May 2012 11:55:57 GMT http://bigpondnews.com/articles/Finance/2012/05/03/IBA_spent_2000_on_movie_park_visit_746482.html http://bigpondnews.com/articles/Finance/2012/05/03/Super_industry_prepares_for_tough_budget_746483.html The federal govt is expected to slash superannuation tax breaks in a savings push in the federal budget. Thu, 03 May 2012 11:55:54 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Super_industry_prepares_for_tough_budget_746483.html http://bigpondnews.com/articles/Finance/2012/05/03/Disabled_scheme_to_anchor_welfare_budget_746484.html A multi-billion dollar scheme to support the disabled will dominate the federal govt's welfare portfolios. Thu, 03 May 2012 11:55:51 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Disabled_scheme_to_anchor_welfare_budget_746484.html http://bigpondnews.com/articles/Finance/2012/05/03/Foreign_aid_in_the_budget_crosshairs_746485.html The rapid growth of foreign aid budget is tipped to slow as part of the govt's push to return to surplus. Thu, 03 May 2012 11:55:50 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Foreign_aid_in_the_budget_crosshairs_746485.html http://bigpondnews.com/articles/Finance/2012/05/03/Rates_could_help_theme_parks_Ardent_746486.html The head of some of Australia's popular theme parks says lower interest rates can only be good for business. Thu, 03 May 2012 11:55:43 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Rates_could_help_theme_parks_Ardent_746486.html http://bigpondnews.com/articles/Finance/2012/05/03/Australian_stocks_close_lower_746380.html Australian stocks closed marginally lower on a day of low volumes. Thu, 03 May 2012 06:48:50 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Australian_stocks_close_lower_746380.html http://bigpondnews.com/articles/Finance/2012/05/03/A_down_on_Chinese_PMI_746308.html The Australian dollar has dropped below 103 US cents on weaker-than-expected Chinese data. Thu, 03 May 2012 02:58:39 GMT http://bigpondnews.com/articles/Finance/2012/05/03/A_down_on_Chinese_PMI_746308.html http://bigpondnews.com/articles/Finance/2012/05/03/Aust_stocks_flat_at_noon_746307.html The Australian stocks market was flat in quiet trading conditions at noon. Thu, 03 May 2012 02:58:33 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Aust_stocks_flat_at_noon_746307.html http://bigpondnews.com/articles/Finance/2012/05/03/Aboriginal_leaders_back_Forrest_job_plan_746250.html Aboriginal leaders have backed Andrew Forrest's call to create nationwide training centres linked to jobs. Thu, 03 May 2012 00:08:41 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Aboriginal_leaders_back_Forrest_job_plan_746250.html http://bigpondnews.com/articles/Finance/2012/05/03/Forrest_savages_Swan_over_MRRT_746249.html Mining billionaire Andrew Forrest has attacked Treasurer Wayne Swan over his handling of Labor's mining tax. Thu, 03 May 2012 00:08:40 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Forrest_savages_Swan_over_MRRT_746249.html http://bigpondnews.com/articles/Finance/2012/05/03/Optus_job_cuts_could_affect_services_746248.html Optus argues it needs to cut 750 jobs to remain competitive but unions fear the start of a jobs export push. Thu, 03 May 2012 00:08:37 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Optus_job_cuts_could_affect_services_746248.html http://bigpondnews.com/articles/Finance/2012/05/03/Eurozone_unemployment_hits_record_high_746247.html Eurozone countries are facing the highest unemployment rates in the history of the currency. Thu, 03 May 2012 00:08:36 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Eurozone_unemployment_hits_record_high_746247.html http://bigpondnews.com/articles/Finance/2012/05/03/News_Corp_board_backs_Murdoch_fitness_746246.html News Corporation's board of directors is giving its 'full confidence in Rupert Murdoch's fitness'. Thu, 03 May 2012 00:08:35 GMT http://bigpondnews.com/articles/Finance/2012/05/03/News_Corp_board_backs_Murdoch_fitness_746246.html http://bigpondnews.com/articles/Finance/2012/05/03/NZ_jobless_rate_rises_to_67_per_cent_746245.html The unemployment rate rose 0.3 percentage points in the three months ended March 31, in New Zealand. Thu, 03 May 2012 00:08:33 GMT http://bigpondnews.com/articles/Finance/2012/05/03/NZ_jobless_rate_rises_to_67_per_cent_746245.html http://bigpondnews.com/articles/Finance/2012/05/03/Asciano_expects_earnings_lift_746244.html Asciano says it expects earnings for the second half of calendar 2012 to come in above the prior year. Thu, 03 May 2012 00:08:31 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Asciano_expects_earnings_lift_746244.html http://bigpondnews.com/articles/Finance/2012/05/03/Packer_ready_to_sell_his_stake_in_Foxtel_746240.html James Packer is reportedly ready to sell his 25 per cent stake in Foxtel with the likely buyer News Corp. Thu, 03 May 2012 00:08:30 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Packer_ready_to_sell_his_stake_in_Foxtel_746240.html http://bigpondnews.com/articles/Finance/2012/05/03/Trucking_firm_1st_Fleet_locks_out_staff_746243.html National trucking firm 1st Fleet has staged a lockout of all its employees. Thu, 03 May 2012 00:08:29 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Trucking_firm_1st_Fleet_locks_out_staff_746243.html http://bigpondnews.com/articles/Finance/2012/05/03/Westpac_first_half_profit_falls_25pc_746242.html Westpac Banking Corporation's first half net profit has fallen 25 per cent to $2.97 billion. Thu, 03 May 2012 00:08:27 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Westpac_first_half_profit_falls_25pc_746242.html http://bigpondnews.com/articles/Finance/2012/05/03/CBA_cuts_home_loan_rates_to_701pc_746241.html CBA has cut its standard variable home loan rate by 40 basis points after the RBA's cut to the cash rate. Thu, 03 May 2012 00:08:26 GMT http://bigpondnews.com/articles/Finance/2012/05/03/CBA_cuts_home_loan_rates_to_701pc_746241.html http://bigpondnews.com/articles/Finance/2012/05/03/Chesapeake_shares_plunge_on_Q1_loss_746256.html Shares of embattled US natural gas giant Chesapeake Energy have dived after it posted a first-quarter loss. Thu, 03 May 2012 00:08:14 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Chesapeake_shares_plunge_on_Q1_loss_746256.html http://bigpondnews.com/articles/Finance/2012/05/03/Former_BP_engineer_charged_746255.html A former BP drilling engineer has been charged with deleting text messages during the Gulf of Mexico spill. Thu, 03 May 2012 00:08:14 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Former_BP_engineer_charged_746255.html http://bigpondnews.com/articles/Finance/2012/05/03/Visa_profit_up_as_card_use_increases_746254.html Visa says its profit for the first three months of the year is up 30 per cent from the year before. Thu, 03 May 2012 00:08:14 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Visa_profit_up_as_card_use_increases_746254.html http://bigpondnews.com/articles/Finance/2012/05/03/Aristocrat_expects_strong_profit_rise_746253.html Aristocrat expects strong profit growth for 2012 and is changing its financial reporting dates. Thu, 03 May 2012 00:08:13 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Aristocrat_expects_strong_profit_rise_746253.html http://bigpondnews.com/articles/Finance/2012/05/03/Media_mogul_to_live_in_Canada_746252.html Media mogul Conrad Black has been granted permission to live in Canada after he is released from prison. Thu, 03 May 2012 00:08:13 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Media_mogul_to_live_in_Canada_746252.html http://bigpondnews.com/articles/Finance/2012/05/03/Virgin_passenger_numbers_up_in_March_746251.html Virgin's passenger numbers rose in March but were outstripped by the growth in capacity in the month. Thu, 03 May 2012 00:08:13 GMT http://bigpondnews.com/articles/Finance/2012/05/03/Virgin_passenger_numbers_up_in_March_746251.html http://bigpondnews.com/articles/Finance/2012/05/03/A_slightly_down_on_mixed_market_746213.html The Australian dollar is virtually unchanged on mixed market performances. Wed, 02 May 2012 22:57:09 GMT http://bigpondnews.com/articles/Finance/2012/05/03/A_slightly_down_on_mixed_market_746213.html http://bigpondnews.com/articles/Finance/2012/05/02/Workers_express_May_Day_gloom_elation_746057.html Emotions including anger and elation flowed through crowds on the frontlines of May Day protests worldwide. Wed, 02 May 2012 09:28:48 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Workers_express_May_Day_gloom_elation_746057.html http://bigpondnews.com/articles/Finance/2012/05/02/Hewson_says_cash_rate_could_be_2pc_746062.html Former federal opposition leader Dr John Hewson says the RBA should continue slashing interest rates. Wed, 02 May 2012 09:25:34 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Hewson_says_cash_rate_could_be_2pc_746062.html http://bigpondnews.com/articles/Finance/2012/05/02/Optus_job_losses_could_affect_services_746061.html The communications union warned plans to slash 750 Optus jobs will result in poorer customer service. Wed, 02 May 2012 09:25:30 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Optus_job_losses_could_affect_services_746061.html http://bigpondnews.com/articles/Finance/2012/05/02/Aquilas_Isaac_Plains_sale_closer_746060.html Aquila Resources' $430m sale of its half interest in the Isaac Plains coal mine is closer to being sold. Wed, 02 May 2012 09:25:29 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Aquilas_Isaac_Plains_sale_closer_746060.html http://bigpondnews.com/articles/Finance/2012/05/02/Fines_for_SA_bus_chaos_746059.html Three companies that run many Adelaide public bus services will be slugged more than $210,000 in penalties. Wed, 02 May 2012 09:25:27 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Fines_for_SA_bus_chaos_746059.html http://bigpondnews.com/articles/Finance/2012/05/02/Banks_owe_rate_cut_to_community_Milne_746058.html Christine Milne says the big banks should return favour they received during the GFC by cutting rates. Wed, 02 May 2012 09:25:25 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Banks_owe_rate_cut_to_community_Milne_746058.html http://bigpondnews.com/articles/Finance/2012/05/02/Vic_agencies_must_make_savings_auditor_746056.html The Victorian state auditor general says Vic govt agencies should do more to save money on business costs. Wed, 02 May 2012 09:25:21 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Vic_agencies_must_make_savings_auditor_746056.html http://bigpondnews.com/articles/Finance/2012/05/02/Fortescue_to_pay_little_MRRT_Forrest_746055.html Fortescue Metals Group founder Andrew Forrest expects to pay 'little or no' minerals resource rent tax. Wed, 02 May 2012 09:25:20 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Fortescue_to_pay_little_MRRT_Forrest_746055.html http://bigpondnews.com/articles/Finance/2012/05/02/Leighton_mining_wins_604m_contract_746054.html Leighton Holdings has won a $604 million, three-year, contract for mining services at the Peak Downs Mine. Wed, 02 May 2012 09:25:16 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Leighton_mining_wins_604m_contract_746054.html http://bigpondnews.com/articles/Finance/2012/05/02/No_aid_guarantee_in_budget_NGOs_746053.html Aid organisations say Bob Carr refuses to guarantee the govt will provide more money for overseas aid. Wed, 02 May 2012 09:25:13 GMT http://bigpondnews.com/articles/Finance/2012/05/02/No_aid_guarantee_in_budget_NGOs_746053.html http://bigpondnews.com/articles/Finance/2012/05/02/News_Corp_up_after_Murdoch_unfit_ruling_746052.html News Corp investors shrugged off a UK parliament inquiry finding Murdoch unfit to run a major company. Wed, 02 May 2012 09:25:05 GMT http://bigpondnews.com/articles/Finance/2012/05/02/News_Corp_up_after_Murdoch_unfit_ruling_746052.html http://bigpondnews.com/articles/Finance/2012/05/02/Woodside_not_worried_about_gas_prices_746051.html Woodside Petroleum told shareholders plunging prices caused by a US gas glut will not restrain growth plans. Wed, 02 May 2012 09:25:03 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Woodside_not_worried_about_gas_prices_746051.html http://bigpondnews.com/articles/Finance/2012/05/02/Brambles_on_track_to_meet_profit_target_746050.html Brambles is on track to meet its FY profit target after unveiling a 33pc rise in its latest sales results. Wed, 02 May 2012 09:24:59 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Brambles_on_track_to_meet_profit_target_746050.html http://bigpondnews.com/articles/Finance/2012/05/02/Positive_start_to_ASX_trading_for_Osprey_746049.html US based medical device developer Osprey Medical began trading on the ASX at a premium to its listing price. Wed, 02 May 2012 09:24:52 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Positive_start_to_ASX_trading_for_Osprey_746049.html http://bigpondnews.com/articles/Finance/2012/05/02/Aust_seeks_overseas_tourism_investment_746048.html The federal government is encouraging overseas investors to buy into Australian tourism. Wed, 02 May 2012 09:24:48 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Aust_seeks_overseas_tourism_investment_746048.html http://bigpondnews.com/articles/Finance/2012/05/02/Documents_found_in_HSU_carpark_746047.html HSU staff mainly co-operated during office raids but police spoke to an individual and may lay charges. Wed, 02 May 2012 09:24:47 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Documents_found_in_HSU_carpark_746047.html http://bigpondnews.com/articles/Finance/2012/05/02/ANZ_says_Australian_profits_down_746046.html ANZ's first half profit grew by 10pc, but says Aust operations are under pressure due to weak loan demand. Wed, 02 May 2012 09:24:45 GMT http://bigpondnews.com/articles/Finance/2012/05/02/ANZ_says_Australian_profits_down_746046.html http://bigpondnews.com/articles/Finance/2012/05/02/Banks_should_pass_on_full_rate_cut_Swan_746045.html Wayne Swan says the commercial banks should pass on the latest cut to the cash interest rate in full. Wed, 02 May 2012 09:24:43 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Banks_should_pass_on_full_rate_cut_Swan_746045.html http://bigpondnews.com/articles/Finance/2012/05/02/Aust_shares_at_fresh_8-month_high_745995.html The Australian share market closed at another fresh eight-month high after edging fractionally higher. Wed, 02 May 2012 06:47:36 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Aust_shares_at_fresh_8-month_high_745995.html http://bigpondnews.com/articles/Finance/2012/05/02/NAB_cuts_rates_by_less_than_the_RBA_745985.html The NAB has cut its variable home loan rates by 0.32 per cent, less than the central bank's rate cut. Wed, 02 May 2012 05:57:44 GMT http://bigpondnews.com/articles/Finance/2012/05/02/NAB_cuts_rates_by_less_than_the_RBA_745985.html http://bigpondnews.com/articles/Finance/2012/05/02/A_up_on_investor_interest_745927.html The Australian dollar has risen slightly, following a drop in response to a rate cut decision. Wed, 02 May 2012 02:46:45 GMT http://bigpondnews.com/articles/Finance/2012/05/02/A_up_on_investor_interest_745927.html http://bigpondnews.com/articles/Finance/2012/05/02/Aust_stocks_trading_flat_745922.html The Australian share market is trading flat as cautious investors consolidate gains. Wed, 02 May 2012 02:43:58 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Aust_stocks_trading_flat_745922.html http://bigpondnews.com/articles/Finance/2012/05/02/Aust_shares_open_slightly_higher_745891.html The Australian share market has opened slightly higher following on from Wall Street's positive lead. Wed, 02 May 2012 00:40:01 GMT http://bigpondnews.com/articles/Finance/2012/05/02/Aust_shares_open_slightly_higher_745891.html http://bigpondnews.com/articles/Finance/2012/05/02/A_up_on_good_US_stocks_745887.html The Australian dollar has risen slightly on strengthening US stocks. Wed, 02 May 2012 00:17:13 GMT http://bigpondnews.com/articles/Finance/2012/05/02/A_up_on_good_US_stocks_745887.html http://bigpondnews.com/articles/Finance/2012/05/01/DuluxGroup_makes_188m_bid_for_Alesco_745731.html Paint supplier DuluxGroup says Alesco will provide new platforms for future growth. Tue, 01 May 2012 13:01:12 GMT http://bigpondnews.com/articles/Finance/2012/05/01/DuluxGroup_makes_188m_bid_for_Alesco_745731.html http://bigpondnews.com/articles/Finance/2012/05/01/400_Qantas_jobs_under_threat_union_say_745730.html The aircraft engineers union believes 400 Qantas jobs will go from a Melbourne maintenance base. Tue, 01 May 2012 13:01:10 GMT http://bigpondnews.com/articles/Finance/2012/05/01/400_Qantas_jobs_under_threat_union_say_745730.html http://bigpondnews.com/articles/Finance/2012/05/01/A_falls_half_a_US_cent_on_RBA_cut_745657.html The Aussie dollar fell more than half a US cent after Australia's central bank decided to cut the cash rate. Tue, 01 May 2012 08:37:09 GMT http://bigpondnews.com/articles/Finance/2012/05/01/A_falls_half_a_US_cent_on_RBA_cut_745657.html http://bigpondnews.com/articles/Finance/2012/05/01/Banks_unlikely_to_pass_on_full_rate_cut_745656.html The banks won't pass on the full half-percent rate cut made by the RBA, we have to wait for their decision. Tue, 01 May 2012 08:33:19 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Banks_unlikely_to_pass_on_full_rate_cut_745656.html http://bigpondnews.com/articles/Finance/2012/05/01/Vic_govt_allocates_133m_for_police_745647.html Vic govt will invest $133 million in new infrastructure to accommodate Victoria's extra frontline police. Tue, 01 May 2012 07:52:43 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Vic_govt_allocates_133m_for_police_745647.html http://bigpondnews.com/articles/Finance/2012/05/01/Woodside_trims_stake_in_Browse_for_2bn_745646.html Japan's Mitsubishi and Mitsui & Co will spend $US2bn in part of a majority stake in the Browse gas project. Tue, 01 May 2012 07:52:41 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Woodside_trims_stake_in_Browse_for_2bn_745646.html http://bigpondnews.com/articles/Finance/2012/05/01/Support_economy_not_surplus_accountant_745645.html The ICA wants the govt to support the local economy rather than its aim to return the budget to surplus. Tue, 01 May 2012 07:52:39 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Support_economy_not_surplus_accountant_745645.html http://bigpondnews.com/articles/Finance/2012/05/01/Keep_gas_prices_in_perspective__Barnett_745644.html WA Premier Colin Barnett says an 8.3pc increase in the cost of gas needs to be put into 'perspective'. Tue, 01 May 2012 07:52:37 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Keep_gas_prices_in_perspective__Barnett_745644.html http://bigpondnews.com/articles/Finance/2012/05/01/Barnett_welcomes_Woodsides_2b_deal_745643.html Colin Barnett is pleased with Woodside Petroleum's deal to sell part of its stake in Browse LNG Development. Tue, 01 May 2012 07:52:35 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Barnett_welcomes_Woodsides_2b_deal_745643.html http://bigpondnews.com/articles/Finance/2012/05/01/No_new_taxes_in_NT_budget_745642.html The NT govt delivered a budget with no new taxes and no tax increases despite a big hit to GST revenues. Tue, 01 May 2012 07:52:33 GMT http://bigpondnews.com/articles/Finance/2012/05/01/No_new_taxes_in_NT_budget_745642.html http://bigpondnews.com/articles/Finance/2012/05/01/Thousands_rally_against_CSG_in_Sydney_745641.html The NSW deputy premier has been jeered and booed by thousands of protesters at a rally against CSG mining. Tue, 01 May 2012 07:52:31 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Thousands_rally_against_CSG_in_Sydney_745641.html http://bigpondnews.com/articles/Finance/2012/05/01/Over_4000_Vic_public_servants_to_go_745639.html An extra 600 Vic public servants will lose their jobs in addition to 3600 already announced in December. Tue, 01 May 2012 07:52:30 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Over_4000_Vic_public_servants_to_go_745639.html http://bigpondnews.com/articles/Finance/2012/05/01/Vic_fails_to_meet_budget_surplus_target_745638.html The Vic govt blamed what it calls the worst economic conditions in a decade for dragging down state surplus. Tue, 01 May 2012 07:52:29 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Vic_fails_to_meet_budget_surplus_target_745638.html http://bigpondnews.com/articles/Finance/2012/05/01/RBA_delivers_relief_to_mortgage_holders_745640.html The RBA paved the way for relief for home owners by slashing the cash rate to its lowest in two years. Tue, 01 May 2012 07:52:26 GMT http://bigpondnews.com/articles/Finance/2012/05/01/RBA_delivers_relief_to_mortgage_holders_745640.html http://bigpondnews.com/articles/Finance/2012/05/01/RBA_cuts_cash_rate_by_50bps_745623.html The RBA has cut the cash rate by 50 basis points to 3.75 per cent at its May board meeting. Tue, 01 May 2012 07:04:42 GMT http://bigpondnews.com/articles/Finance/2012/05/01/RBA_cuts_cash_rate_by_50bps_745623.html http://bigpondnews.com/articles/Finance/2012/05/01/Rates_cut_due_to_govt_discipline_-_Swan_745617.html Treasurer Wayne Swan says the 50 basis points cut to the cash rate has come through fiscal discipline. Tue, 01 May 2012 06:19:35 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Rates_cut_due_to_govt_discipline_-_Swan_745617.html http://bigpondnews.com/articles/Finance/2012/05/01/A_falls_ahead_of_RBA_meeting_745562.html The Australian dollar has fallen ahead of a rates decision from the Reserve Bank of Australia. Tue, 01 May 2012 02:41:05 GMT http://bigpondnews.com/articles/Finance/2012/05/01/A_falls_ahead_of_RBA_meeting_745562.html http://bigpondnews.com/articles/Finance/2012/05/01/Aust_stocks_open_slightly_higher_745557.html Australian shares have opened slightly higher as confidence grows in the local market. Tue, 01 May 2012 02:17:55 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Aust_stocks_open_slightly_higher_745557.html http://bigpondnews.com/articles/Finance/2012/05/01/Australian_shares_open_slightly_higher_745515.html The Australian share market has opened slightly higher. Tue, 01 May 2012 00:29:40 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Australian_shares_open_slightly_higher_745515.html http://bigpondnews.com/articles/Finance/2012/05/01/Cash_rate_cut_expected_745479.html The Reserve Bank is expected to cut the cash rate by 25 basis points today. Mon, 30 Apr 2012 22:58:28 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Cash_rate_cut_expected_745479.html http://bigpondnews.com/articles/Finance/2012/05/01/Qantas_to_axe_400_Tullamarine_workers_745480.html Qantas is reportedly set to axe 400 employees at Tullamarine and another 660 are at risk at Avalon. Mon, 30 Apr 2012 22:58:26 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Qantas_to_axe_400_Tullamarine_workers_745480.html http://bigpondnews.com/articles/Finance/2012/05/01/Wall_St_slips_as_Spain_enters_recession_745481.html Renewed worries about the fragility of Europe's finances are helping to drive stocks lower. Mon, 30 Apr 2012 22:58:24 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Wall_St_slips_as_Spain_enters_recession_745481.html http://bigpondnews.com/articles/Finance/2012/05/01/Early_sell_shakes_gold_market_745482.html The gold market has been shaken by an unusually large early-morning sell order. Mon, 30 Apr 2012 22:58:17 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Early_sell_shakes_gold_market_745482.html http://bigpondnews.com/articles/Finance/2012/05/01/Cafe_workers_face_penalty_rate_cut_745483.html Cafe and restaurant workers are facing a cut to penalty rates. Mon, 30 Apr 2012 22:58:15 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Cafe_workers_face_penalty_rate_cut_745483.html http://bigpondnews.com/articles/Finance/2012/05/01/Oil_falls_near_104_on_European_woes_745484.html Oil has dropped slightly following concerns of growing economic troubles in Europe. Mon, 30 Apr 2012 22:58:12 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Oil_falls_near_104_on_European_woes_745484.html http://bigpondnews.com/articles/Finance/2012/05/01/Banks_must_follow_rate_cut-unions_745485.html Unions have called on the big banks to pass on any rate cut the Reserve Bank of Australia makes today. Mon, 30 Apr 2012 22:58:07 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Banks_must_follow_rate_cut-unions_745485.html http://bigpondnews.com/articles/Finance/2012/05/01/Natural_gas_prices_up_5_745486.html In the US, the price of natural gas jumped by nearly five per cent on Monday. Mon, 30 Apr 2012 22:58:05 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Natural_gas_prices_up_5_745486.html http://bigpondnews.com/articles/Finance/2012/05/01/European_stocks_fall_on_Spanish_gloom_745491.html European stock markets fell Monday amid more bad news for indebted Spain and poor US economic data. Mon, 30 Apr 2012 22:58:03 GMT http://bigpondnews.com/articles/Finance/2012/05/01/European_stocks_fall_on_Spanish_gloom_745491.html http://bigpondnews.com/articles/Finance/2012/05/01/NZ_dollar_falls_on_US_and_Spanish_data_745490.html The New Zealand dollar fell after business confidence in the US expanded at the slowest pace since 2009. Mon, 30 Apr 2012 22:57:57 GMT http://bigpondnews.com/articles/Finance/2012/05/01/NZ_dollar_falls_on_US_and_Spanish_data_745490.html http://bigpondnews.com/articles/Finance/2012/05/01/Euro_dips_on_Spain_concerns_745489.html The euro weakened against other major currencies Monday on news Spain was in a double-dip recession. Mon, 30 Apr 2012 22:57:55 GMT http://bigpondnews.com/articles/Finance/2012/05/01/Euro_dips_on_Spain_concerns_745489.html http://bigpondnews.com/articles/Finance/2012/05/01/US_stocks_close_lower_745487.html US stocks closed out April with all three indices slipping lower, helped by weak US consumer spending data. Mon, 30 Apr 2012 22:57:36 GMT http://bigpondnews.com/articles/Finance/2012/05/01/US_stocks_close_lower_745487.html