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Business
10 hours 28 minutes ago. Higher interest rates are tipped to force more than a million Australian households into a state of mortgage stress by the end of the year, a new report says.
Our report predicts major lenders to continue out-of-cycle rises of up to 0.3 per cent before December... Fujitsu spokesman Martin North
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NZ Reserve Bank cuts cash rate to 8%
1 hour 33 minutes ago. Talent2 International has reported preliminary full year EBITDA increased 29% to $20.3 million on last year. The recruitment agency said it expected revenue to increase 49% to $228 million and gross profit to lift 45% to $142.4 million.
2 hours 13 minutes ago. Metal recycling group CMA Corporation agreed to purchase UK-based Meretec Limited and its US-based subsidiary Meretec Corporation in exchange for about $18.5 million worth of its shares. CMA said Meretec would receive 37.5 million of its shares
5 hours 30 minutes ago. National Australia Bank has announced an additional provision of $830 million to its portfolio of 10 collateralised debt obligations of asset backed securities. Shares in Australia's second largest bank, based on market cap, opened 12% lower on
8 hours 1 minute ago. ExxonMobil Corp, the world's biggest oil company, and BHP Billiton Ltd have approved a second major oil and gas development in the Bass Strait.
8 hours 40 minutes ago. NAB has become the first local bank to join the ranks of global financial institutions reeling from losses on investments in risky US mortgages.
NAB walks away from ABN Amro takeover
9 hours 4 minutes ago. The Rock Building Society Ltd is forecasting an up to 22 per cent rise in full year profit, after refining its earnings guidance.
This result represents an improvement of 20 per cent to 22 per cent over the previous financial year. The Rock
14 hours 28 minutes ago. So far we've only seen some scattered June 30 reports: a couple of filings from investment companies associated with Goldman Sachs JBWere, some tiddler industrials and yesterday's annual report from GUD Holdings...
14 hours 30 minutes ago. Superficially the Australian and New Zealand economies are in a similar position.
24/07/2008 6:49:00 AM. There were the obvious candidates: petrol, housing and rents and the spillover of the interest rate rises. But there were other factors as well.
24/07/2008 6:21:00 AM. Yes inflation remains a problem in Australia, and no it won't mean higher interest rates, not when the banks have added more than half a per cent to the Reserve Bank's 1% of increases in the past 11 and a half months.
24/07/2008 5:16:00 AM. It was an excellent final quarter and full 12 month production report from BHP Billiton: records for many of its commodities, especially the important iron ore business.
24/07/2008 5:11:00 AM. Macquarie Group is still standing nearly a year into the credit crunch and despite repeated assertions that it will be first cab off the rank among Australian financials to tumble over.
23/07/2008 5:49:00 AM. The US second quarter reporting season is now delivering bad news in increasing quantities, forcing the usually optimistic and sunny American investors to take stock of what lies ahead for them and the market for the next six months to a year.
23/07/2008 5:48:00 AM. First there was retailing, now car sales are down, housing is slumping and credit card transactions are slowing down, but still showing some growth.
Entertainment
VIDEO: Porn star Belladonna has called for her films to be available to Catholic priests to stop abuse in the church.
Nathan Brown is a disgrace.The fact he is predicting and inciting violence for future clashes is the problem with his comments..I too teach my child... kerry hulm, colac on 'He's childish': Storm hits back at Nathan Brown
You Liberals have no idea. Housing prices went through the roof when Howard and Costello were in power. They were riding on the back of... David ., NSW on One million under mortgage stress by Christmas: report
BROWNIE FOR PM.... I think if he does cop a fine we should all go out to the game on Monday V the Dogs and put... Johnny Utah, Kogarah on Brown erupts over Melbourne's 'illegal tactics'
They are THUGS. The NRL has done nothing about it all year, so it's time to get some back. Go the Warriors this week. Little... Bowen El, , on 'He's childish': Storm hits back at Nathan Brown
RUDD has a lot to answer for now! First he ruined Australia now He's gone and ruined Europe,China next.How could he have done all this... Paul Keating, Upper Tweed on Eurozone recession fears loom
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