Mining Sectors Take a Hit
With the negative outlook of the Chinese market, the mining and resources sectors in Australia are feeling the strain as the stocks sunk..
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Stocks Set to a Good Start
The Australian stock market is off to a good start today, along with strong performance by Wall Street and the European markets. The..
Consumers Benefit from Bank Changes
Aussie consumers continue to look for ways to save some money. Here are some information you need to keep in mind: In early 2011, the..
Former Google Exec Marissa Mayer Moves to Yahoo
The battle between tech giants Yahoo and Google intensifies as one of Google’s top executives has transferred to Yahoo. Marissa Mayer has..
HSBC Face Money-Laundering Controversy
Global brand HSBC has issued an apology for the bank’s failure to implement anti-money laundering rules. In the wake of the controversy,..
Rate Cuts on Hold as Economy Grows
The Reserve Bank of Australia is not likely to issue rate cuts this month, following a push in the economy. Reports say that during the..
Consumers Brace for Belt-Tightening Measures
With rising utility bills and the fear of job losses all across the country, the CLSA yearly survey among consumers predicted that many..
Insurance Premiums Rise
As of last year, there have been catastrophe-related insured losses that amounted to US$76 billion. This worldwide phenomenon has caused..
Europe’s Hardships May Affect Global Economy
As Europe faces tough economic challenges, the International Monetary Fund has warned that these can directly affect world economy. In the..
Swan: Economy Still Growing
Wayne Swan said the growth of the Australian economy remains impressive as the latest International Monetary Fund (IMF) report showed how..
