News archive from 11 April 2013

Shares rally on Chinese trade figures

Shares rally on Chinese trade figures

Share markets in the United States and Europe have seen some strong gains overnight, with economic data from China boosting sentiment.Chinese imports grew by just over 14 per cent in March, from a year earlier, and the country record a rare, if...

ABC News, 09:06 in Business
 

Junk bonds lure confident investors

The extra yield investors demand to buy the least-traded bonds with the lowest speculative-grade ratings instead of more liquid securities narrowed to 1.2 percentage points on April 9, the smallest gap since November 2011, according to Barclays Plc...

 

The sorry state of self-employed super

Are they stashing their own retirement savings apace – or are non-compulsory super contributions low down the priority list for many? In her case, something in between, says former flight attendant Clare Maxfield, who has run her own one-woman...

 

The new rules of logo design

A snappy logo can make people connect with your brand in the first place and recall your business name down the track. Sydney's Frost* Design cautions businesses that a logo is not the same thing as a brand. Founder Vince Frost says you should start...

 

Perth rentals jump to Sydney prices

The soaring population of temporary workers in Perth and Darwin has seen housing costs ‘‘skyrocket’’, driving rents up by $90 to $130 a week in the last year, according to Australian Property Monitors. New research shows a house now costs $490 a week...

 
ACCC warning about puppy scam

ACCC warning about puppy scam

The Australian Competition and Consumer Commission (ACCC) is warning people about a scam that lures victims into paying for puppies that never arrive.The scammers place advertisements for pedigree puppies in newspapers and online and then ask buyers...

ABC News, 09:13 in Business
 
Telstra's pay reduction insults sacked workers

Telstra's pay reduction insults sacked workers

TELSTRA has given sacked workers a $10,000 pay cut in their final months on the job, a union says. The communications giant announced 650 jobs would go in August, with the work to be sent to the Philippines. But in an extra insult to workers about to...

 
Chinese trade up but data questioned

Chinese trade up but data questioned

CHINA reported stronger trade in March in a possible positive sign for its recovery but analysts said the data might be inflated. Imports rose 14.1 per cent after growing 5 per cent rate for the combined January-February period, customs data showed on...

 
New chief Walsh puts the squeeze on Rio Tinto

New chief Walsh puts the squeeze on Rio Tinto

NEW Rio Tinto chief Sam Walsh has ratcheted up his cost-cutting drive, putting almost $700 million in US expansion plans under review. The US pullback comes as BHP Billiton axes a contract with Leighton Holdings, bringing in a smaller private company...

 
Coles has milked a 10-year deal that should make dairy producers smile

Coles has milked a 10-year deal that should make dairy producers smile

A FUNNY thing happened during the war between the big supermarkets and dairy farmers. After a long time butting heads over whether $1-a-litre home-brand milk was a good idea or not, the two sides have suddenly realised they had a lot more in common...

 
Telstra's pay reduction insults sacked workers

Telstra's pay reduction insults sacked workers

TELSTRA has given sacked workers a $10,000 pay cut in their final months on the job, a union says. The communications giant announced 650 jobs would go in August, with the work to be sent to the Philippines. But in an extra insult to workers about to...

 
Chinese trade up but data questioned

Chinese trade up but data questioned

CHINA reported stronger trade in March in a possible positive sign for its recovery but analysts said the data might be inflated. Imports rose 14.1 per cent after growing 5 per cent rate for the combined January-February period, customs data showed on...

 
New chief Walsh puts the squeeze on Rio Tinto

New chief Walsh puts the squeeze on Rio Tinto

NEW Rio Tinto chief Sam Walsh has ratcheted up his cost-cutting drive, putting almost $700 million in US expansion plans under review. The US pullback comes as BHP Billiton axes a contract with Leighton Holdings, bringing in a smaller private company...

 
Coles has milked a 10-year deal that should make dairy producers smile

Coles has milked a 10-year deal that should make dairy producers smile

A FUNNY thing happened during the war between the big supermarkets and dairy farmers. After a long time butting heads over whether $1-a-litre home-brand milk was a good idea or not, the two sides have suddenly realised they had a lot more in common...

 

Junk bonds lure confident investors

The extra yield investors demand to buy the least-traded bonds with the lowest speculative-grade ratings instead of more liquid securities narrowed to 1.2 percentage points on April 9, the smallest gap since November 2011, according to Barclays Plc...

 
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