News archive from 9 July 2013

FactCheck: is our unemployment rate low by world standards?

By Mark Crosby, Melbourne Business School “Australia has one of the lowest unemployment rates in the developed world.” - Finance minister Penny Wong, The Drum opinion article, 14 January. Several ministers, including finance minister Penny Wong and...

SBS, 09:09 in Business
 

Stellar Securities locked out by landlord

The firm was a major sponsor of businessman Tony Sage's A-League soccer club Perth Glory. Staff of Stellar Securities turned up on Monday to find the doors of their plush St Georges Terrace office locked by the landlord, who claims rent has gone...

 

Stellar Securities locked out by landlord

The firm was a major sponsor of businessman Tony Sage's A-League soccer club Perth Glory. Staff of Stellar Securities turned up on Monday to find the doors of their plush St Georges Terrace office locked by the landlord, who claims rent has gone...

 
Hot money exodus ends currency wars

Hot money exodus ends currency wars

Turkey's efforts to pull the lira off record lows on Monday are likely to be emulated across emerging markets as central banks fight to avert an exodus of foreign capital driven by the impending turn in US policy. It's all a far cry from a year or so...

 
Stellar Securities locked out by landlord

Stellar Securities locked out by landlord

Small Perth stockbroking outfit Stellar Securities has been locked out of its Perth offices after failing to pay its rent. The firm was a major sponsor of businessman Tony Sage's A-League soccer club Perth Glory. Staff of Stellar Securities turned up...

 

Hot money exodus ends currency wars

Robust US economic data has upped the stakes for emerging markets. Turkey's efforts to pull the lira off record lows on Monday are likely to be emulated across emerging markets as central banks fight to avert an exodus of foreign capital driven by the...

TheAge, 09:34 in Business
 

Hot money exodus ends currency wars

Robust US economic data has upped the stakes for emerging markets. Turkey's efforts to pull the lira off record lows on Monday are likely to be emulated across emerging markets as central banks fight to avert an exodus of foreign capital driven by the...

 
Retail giants move on Bangladesh safety accord

Retail giants move on Bangladesh safety accord

A group of primarily European retailers and clothing makers said Monday it plans to inspect clothing factories in Bangladesh that make garments for the companies within the next nine months and will concentrate renovations on those that pose the...

 
NT mining sector defies national slowdown

NT mining sector defies national slowdown

The Minerals Council of Australia says the Northern Territory is defying talk of a national slowdown in the mining sector.Economists say the mining boom is slowing, especially in Western Australia, and the rest of the national economy will have to...

ABC News, 09:43 in Business
 

Turkey rushes to defend lira

Hot money exodus ends currency wars The Turkish central bank has taken urgent action to defend the lira and crimp lax credit, but the announcement of unconventional measures ran into market scepticism. Market sources on Monday said that the bank had...

 

Turkey rushes to defend lira

Hot money exodus ends currency wars The Turkish central bank has taken urgent action to defend the lira and crimp lax credit, but the announcement of unconventional measures ran into market scepticism. Market sources on Monday said that the bank had...

 
Three tips for reinventing your career

Three tips for reinventing your career

RECENTLY, I visited Ford's Michigan headquarters on behalf of Ask Men for their annual "Further with Ford" conference. The theme of the event was reinvention - a difficult task for a company with 110 years of history behind it. But all of...

 

Turkey rushes to defend lira

Hot money exodus ends currency wars The Turkish central bank has taken urgent action to defend the lira and crimp lax credit, but the announcement of unconventional measures ran into market scepticism. Market sources on Monday said that the bank had...

TheAge, 09:45 in Business
 
Cautious support for plan to spawn Palm Island tourism

Cautious support for plan to spawn Palm Island tourism

Queensland Tourism Minister Jann Stuckey says it is too early to say what kind of funds would be available to develop a tourism industry on Palm Island in the state's north. Premier Campbell Newman has called on State Cabinet to support establishing a...

ABC News, 09:59 in Business
 

'Get back to China' - Clive Palmer's rant

Mining magnate Clive Palmer has allegedly abused executives of a Chinese company in an expletive-filled rant and told them to "pack up all your f---king gear and get back to China", a report says. Mr Palmer, who is running for federal...

 
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