Lloyd Banking Group Likely to Pay Billions on Libbor-rigging
The Lloyds Banking Group may need to pay a total of AUS$2.27 billion because of its involvement in the Libbor-rigging, according to an..
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Superannuation Contributions Simplified
The new Superannuation process was supposed to be a simplified version of a person’s taxable and tax-free benefits. Under the new..
Financial Delay Affecting Roy Hill Project
The Roy Hill Project, an iron ore construction and mining project under Gina Rineheart is facing a delay in its project completion...
Despite Steady Economy, Business Confidence Remains Low
Based on a private survey published by the National Australia Bank (NAB), business confidence is still slightly down, despite strong..
Telstra’s Rick Ellis Pursues Media Expansion
Six months after assuming his post as Teltra’s new managing director, Rick Ellis is making a lot of changes, particularly with the..
Dollar to Slide below $US1 by Yearend
Analysts and forecasters today boldly projected that the Australian dollar will grow weak and will mostly likely end the year 2012 with a..
What Smith’s Departure May Mean for ANZ
Reports have indicated that Barclays may be considering ANZ chief executive Mike Smith to replace Bob Diamond, who resigned a few days ago..
ANZ Chief Eyed as Barclays Head
Mike Smith, the chief executive of Australia and New Zealand Banking Group (ANZ), is reportedly being eyed as a possible replacement of Bob..
Attorney General Cries Foul Over MRRT
The Queensland government, through its Federal Treasure, Wayne Swan, is confident that newly enforced Minerals Resource Rent Tax (MRRT) can..
Positive Outlook for Australia
According to the half-yearly Business Day’s economic survey, Australia’s financial outlook looks stable regardless of the economic..
