News archive from 8 July 2013

Top forecaster tips further drop in dollar

'Extremely vulnerable' - the Australian dollar remains under pressure. Photo: Louie Douvis The Australian dollar could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback, prompting more...

 

Top forecaster tips further drop in dollar

'Extremely vulnerable' - the Australian dollar remains under pressure. Photo: Louie Douvis The Australian dollar could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback, prompting more...

TheAge, 09:04 in Business
 
Top forecaster tips further drop in dollar

Top forecaster tips further drop in dollar

The Australian dollar could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback, prompting more economists to scale back their forecasts. Early this morning, the local unit was trading at...

 
ACT business survival rate 'worst in the country'

ACT business survival rate 'worst in the country'

The ACT Government is being urged to do more for business development with new figures showing more businesses are becoming insolvent.The Australian Securities and Investments Commission data for the March quarter of the 2012-13 financial year show 42...

ABC News, 09:10 in Business
 

Dollar tipped to fall below 90 US cents

The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback. At 0700 AEST on Monday, the local unit was trading at 90.53 US cents, down from 91.42 US cents on...

TheAge, 09:13 in Business
 

Dollar tipped to fall below 90 US cents

The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback. At 0700 AEST on Monday, the local unit was trading at 90.53 US cents, down from 91.42 US cents on...

 

Dollar tipped to fall below 90 US cents

The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback. At 0700 AEST on Monday, the local unit was trading at 90.53 US cents, down from 91.42 US cents on...

 
Business groups campaign against cap on self-education tax deductions

Business groups campaign against cap on self-education tax deductions

The Government is facing a revolt from scores of professional bodies over moves to clamp down on tax breaks for education expenses.The budget measure will put a $2,000 cap on self-education claims from next July, and is due to save $500 million once...

ABC News, 09:35 in Business
 
Doctors call for abolition of new tax deduction cap on training costs

Doctors call for abolition of new tax deduction cap on training costs

Doctors have warned that introducing a cap on tax deductions for the cost of training will have serious consequences for healthcare standards and patients' safety across Australia.The $2,000 cap on work-related self-education was announced by former...

ABC News, 09:40 in Business
 
Corporate watchdog ASIC to crack down companies' briefings to analysts

Corporate watchdog ASIC to crack down companies' briefings to analysts

The corporate watchdog will conduct random checks on companies this reporting season to ensure discussions with analysts do not break insider trading laws.The move by the Australian Securities & Investments Commission (ASIC) follows concerns some...

ABC News, 09:53 in Business
 

Markets Live: Stocks set for tame start

9:50am: The piece of economics news out today arrives at 11.30am in the form of ANZ's job ads for June. Stam Shamu says he doubts it'll be encouraging ""after recent official numbers disappointed and after Reserve Bank governor Glenn Stevens...

 

Markets Live: Stocks set for tame start

9:50am: The piece of economics news out today arrives at 11.30am in the form of ANZ's job ads for June. Stam Shamu says he doubts it'll be encouraging ""after recent official numbers disappointed and after Reserve Bank governor Glenn Stevens...

 

Markets Live: Stocks set for tame start

9:56am: Australian bond futures contract prices are weaker as healthy American jobs data adds to expectations of the US Federal Reserve will begin tapering its bond-buying program sooner rather than later. ""Those much stronger-than-expected...

TheAge, 10:02 in Business
 

Petrol price jump in store as dollar dips, oil climbs

Economists have tipped petrol prices will be one of the main pressures on household budgets - and that is despite Australia's new Treasurer, Chris Bowen, claiming on Sunday the Australian dollar's sharp drop against the US dollar would be good for the...

 

Markets Live: ASX posts flat start

9:56am: Australian bond futures contract prices are weaker as healthy American jobs data adds to expectations of the US Federal Reserve will begin tapering its bond-buying program sooner rather than later. ""Those much stronger-than-expected...

TheAge, 10:15 in Business
 
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