News archive from 5 May 2013

ANZ eyes online services to drive costs down

ANZ eyes online services to drive costs down

The head of Australia's third biggest bank is predicting more banking services will go online as banks move to cut costs.This week both the ANZ and Westpac have revealed record half-year cash profits of more than $3 billion. The results were largely...

ABC News, 11:38 in Business
 
It's hats off to Akubra

It's hats off to Akubra

"IF you wanna get ahead," they say, "get a hat." But in 1974 Colin Mayhew went one further - he got a job making them with the nation's most well-known country outfitters, Akubra. Gough Whitlam was PM, Countdown had just hit our TV...

 
Holden to cut price of new VF Commodore by $10,000

Holden to cut price of new VF Commodore by $10,000

HOLDEN is about to embark on its biggest ever sales push to get the Commodore back into more Australian driveways. Holden will cut the cost of a new Commodore by almost $10,000 when the new model arrives in June, in the process rolling back prices by...

 
It's hats off to Akubra

It's hats off to Akubra

"IF you wanna get ahead," they say, "get a hat." But in 1974 Colin Mayhew went one further - he got a job making them with the nation's most well-known country outfitters, Akubra. Gough Whitlam was PM, Countdown had just hit our TV...

 
Holden to cut price of new VF Commodore by $10,000

Holden to cut price of new VF Commodore by $10,000

HOLDEN is about to embark on its biggest ever sales push to get the Commodore back into more Australian driveways. Holden will cut the cost of a new Commodore by almost $10,000 when the new model arrives in June, in the process rolling back prices by...

 
Karara withholds Gindalbie mine payments

Karara withholds Gindalbie mine payments

The operator of the Karara iron ore mine in Western Australia's Mid West has been accused of withholding nearly $22 million in payments to its main contractor.Singapore listed AusGroup says Karara Mining is refusing to pay for engineering and plumbing...

ABC News, 13:41 in Business
 

Rio Tinto to shed more jobs in Australia

RIO Tinto boss Sam Walsh says more jobs will be shed in Australia as the global miner continues to make US$5 billion in savings by the end of 2014. Three months after the company announced its first ever full year net loss of almost US$3 billion, Mr...

 
Rio Tinto to shed more jobs in Australia

Rio Tinto to shed more jobs in Australia

RIO Tinto boss Sam Walsh says more jobs will be shed in Australia as the global miner continues to make US$5 billion in savings by the end of 2014. Three months after the company announced its first ever full year net loss of almost US$3 billion, Mr...

 
Rio Tinto to shed more jobs in Australia

Rio Tinto to shed more jobs in Australia

RIO Tinto boss Sam Walsh says more jobs will be shed in Australia as the global miner continues to make US$5 billion in savings by the end of 2014. Three months after the company announced its first ever full year net loss of almost US$3 billion, Mr...

 

Investors help lift property market out of the slump

Think back less than a year ago. Property prices across the country had been falling for nearly two years. Europe was in turmoil, and consumers weren't spending. Then the Reserve Bank reacted, slashing interest rates by 75 basis points in just two...

 
Investors help lift property market out of the slump

Investors help lift property market out of the slump

Think back less than a year ago. Property prices across the country had been falling for nearly two years. Europe was in turmoil, and consumers weren't spending. Then the Reserve Bank reacted, slashing interest rates by 75 basis points in just two...

 
Investors help lift property market out of the slump

Investors help lift property market out of the slump

Think back less than a year ago. Property prices across the country had been falling for nearly two years. Europe was in turmoil, and consumers weren't spending. Then the Reserve Bank reacted, slashing interest rates by 75 basis points in just two...

TheAge, 16:08 in Business
 

Buffett’s Berkshire ‘bear’ lacks bite

The meeting, known to the business and investment community as ‘Woodstock for Capitalists’ drew what some suggested was close to a record crowd of around 40,000 to a stadium more used to holding concerts and sporting events while Buffett, 82 and his...

 

Buffett’s Berkshire ‘bear’ lacks bite

The meeting, known to the business and investment community as ‘Woodstock for Capitalists’ drew what some suggested was close to a record crowd of around 40,000 to a stadium more used to holding concerts and sporting events while Buffett, 82 and his...

 

Aussie banks performing better than peers

AUSTRALIAN banks are performing better than many of their overseas peers and local banking stocks are still good value, ANZ Chief executive Mike Smith says. Some analysts believe Australian banking stocks are 10 to 15 per cent overvalued, but Mr Smith...

 
Australia news at twitter


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