Featured Stories
  • Amid concerns over the global economy the RBA announced today that it had cut the benchmark interest rate by one quarter of a percentage point to 4.50%. The reduction in...0November 1, 2011

    Reserve Bank of Australia Cuts Interest Rates

    Amid concerns over the global economy the RBA announced today that it had cut the benchmark interest rate by one quarter of a percentage point to 4.50%. The reduction in…

  • Qantas shares defied all odds this morning when they opened higher despite the on-going dispute with workers unions. Saturday morning Qantas CEO Alan Joyce took the drastic measure of grounding...0October 31, 2011

    Qantas Shares Rise

    Qantas shares defied all odds this morning when they opened higher despite the on-going dispute with workers unions. Saturday morning Qantas CEO Alan Joyce took the drastic measure of grounding…

  • Australia’s largest investment bank, Macquarie Bank announced the company expects H1 profit to be down year-on-year. Macquarie has seen earnings in fixed income, currencies and commodities divisions signficantly decrease due...0September 7, 2011

    Macquarie Cut Earnings Forecast

    Australia’s largest investment bank, Macquarie Bank announced the company expects H1 profit to be down year-on-year. Macquarie has seen earnings in fixed income, currencies and commodities divisions signficantly decrease due…

  • Queensland Coal Seam Gas explorer, Bow energy has become the latest mid-cap gas company to be subject of a takeover offer. Arrow Energy (Owned by Royal Dutch Shell and Petrochina)...0August 22, 2011

    BOW Energy Takeover

    Queensland Coal Seam Gas explorer, Bow energy has become the latest mid-cap gas company to be subject of a takeover offer. Arrow Energy (Owned by Royal Dutch Shell and Petrochina)…

  • Australia’s largest Gold miner, Newscrest Mining yesterday delivered a full year profit of $903 million, which is a 63% increase from the corresponding period last year. Newcrest said the successful...0August 15, 2011

    Newcrest Record Impressive Profit

    Australia’s largest Gold miner, Newscrest Mining yesterday delivered a full year profit of $903 million, which is a 63% increase from the corresponding period last year. Newcrest said the successful…

  • Electronics retailer JB HI-Fi has reported a loss in Net profit for the 12 months to June 30, 2011. JB saw profit fall almost $9 million to $109.7 million due...0August 9, 2011

    JB Hi-Fi’s Net Profit Falls

    Electronics retailer JB HI-Fi has reported a loss in Net profit for the 12 months to June 30, 2011. JB saw profit fall almost $9 million to $109.7 million due…

  • Mining giant Rio Tinto has posted strong first half results recording a $US 7.8 billion profit, Rio have issued an interim dividend of 49.81 c . The result is a...0August 5, 2011

    Rio Tinto First-Half Profit

    Mining giant Rio Tinto has posted strong first half results recording a $US 7.8 billion profit, Rio have issued an interim dividend of 49.81 c . The result is a…

  • After continuous poor retail sales and a resilient Australian dollar, retail giant Myer has set plans to grown their online business to stay competitive under poor trading conditions. Under Myer’s...0August 4, 2011

    Myer & David Jones Turn To Online Shopping

    After continuous poor retail sales and a resilient Australian dollar, retail giant Myer has set plans to grown their online business to stay competitive under poor trading conditions. Under Myer’s…

  • Japanese gaming giant Nintendo has seen its’ stock price tumble after announcing drastic price cuts for the Nintendo 3DS. The 3DS has only been on market for 5 months but...0July 31, 2011

    Nintendo Stock Plummets

    Japanese gaming giant Nintendo has seen its’ stock price tumble after announcing drastic price cuts for the Nintendo 3DS. The 3DS has only been on market for 5 months but…

Editors' Picks
  • We spend most of our lives not being able to go a day without  hearing about “interest rates”. We all know what interest rates are. but how are interest rates...

    Determinants Of Interest Rates

    Posted on September 5, 2011 | No Comments
    We spend most of our lives not being able to go a day without  hearing about “interest rates”. We all know what interest rates are. but how are interest rates...

    Continue Reading...

  • Yesterday, the German government announced Germany would shutdown all nuclear reactors by 2022.  Germany is the first industrial powerhouse to adopt a no-nuclear power policy. Currently Germany has seventeen nuclear reactors...

    Germany To End Nuclear Energy

    Posted on May 31, 2011 | No Comments
    Yesterday, the German government announced Germany would shutdown all nuclear reactors by 2022.  Germany is the first industrial powerhouse to adopt a no-nuclear power policy. Currently Germany has seventeen nuclear reactors...

    Continue Reading...

  • The continued growth of the Australian dollar has led to the increase in consumer purchases of online goods. Retailers that have been hardest hit by the high Australian Dollar include...

    Online Shopping Hurting Retailers

    Posted on May 30, 2011 | No Comments
    The continued growth of the Australian dollar has led to the increase in consumer purchases of online goods. Retailers that have been hardest hit by the high Australian Dollar include...

    Continue Reading...