Unemployment Rate Slightly Grows in July
Australia’s unemployment rate is expected to have a slight increase for the month of July. It is predicted to grow at 5.3 percent..
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Niche Shops Booming
In these highly volatile times, part of the retail market is taking a hit. Shops that are deemed as specialty stores are sailing ahead..
Resource Companies Feel the Christmas Crunch
Australian resource companies are facing the risk of using up their cash reserves by December 2012. The crunch would equate to these..
Emirates-Qantas Partnership Looms
International airline Emirates has dropped hints that it may be about to reach an agreement with Australian airline Qantas. The code-share..
Retail Industry Criticizes Australia Post
The retail industry criticized Australia Post over its announcement that it is partnering with Tarazz.com.au to bring in overseas..
Dollar Opens Lower
Last week, European Central Bank (ECB) president Mario Draghi issued a statement that the bank shall take all the necessary measures to..
Financial Exec Suggests Raise in Preservation Age
Australia’s Financial Services Council chief executive John Brogden is suggesting the government should change the preservation age..
Retail Industry Gets Boost from Compensation Packages
Retail stocks got a boost in their quarter sales, thanks to the implementation of the new compensation packages for families. These retail..
Pensioners Have Higher Disposable Income, Affordability
Aged pensioners in Australia have been doing relatively well in the last five years, according to the Australian Bureau of Statistics,..
Genworth Financial Bouncing Back Despite High Payout Demands
Genworth Financial, a US-based mortgage insurance company, slowly bounces back in the Australian stock market. The company, however, is..
