News archive from 11 August 2013

Tom Waterhouse takeover: Fears of 'predatory' tactics targeting gamblers after William Hill's acquisition

Tom Waterhouse takeover: Fears of 'predatory' tactics targeting gamblers after William Hill's acquisition

A leading anti-gambling advocate fears there will be "more predatory" behaviour targeting problem gamblers in the wake of the $34 million takeover of TomWaterhouse.com.The chair of the Australian Churches Gambling Taskforce, Tim Costello,...

ABC News, 09:49 in Business
 
Childcare chain Goodstart calls for cash boost to fund workers' pay rise

Childcare chain Goodstart calls for cash boost to fund workers' pay rise

GOODSTART - Australia's biggest childcare chain - has applied for taxpayers' money to give its 15,000 workers a pay rise of $3 to $5 per hour. Every one of the 650 Goodstart Early Learning centres has sought a slice of the Federal Government's $300m...

 
Inequity of super generosity

Inequity of super generosity

Australia boasts what is perhaps the most generous middle-class welfare system in the world, a system where taxpayers shower benefits on executives that are not available to the average worker. Research conducted for Fairfax Media by actuary Geoff...

 
Telstra property chief in dealings with estate agent

Telstra property chief in dealings with estate agent

Telstra faces claims the company's top property manager is in business with a real estate agent who has received lucrative contracts to sell off millions of dollars worth of the telco's assets. Vito Chiodo, head of Telstra's property division in...

 

Take a risk, be focused, live by the passion

N ot everyone is cut out to be an entrepreneur, and with more than 30 per cent of small businesses failing in their start-up, it is worth checking out the traits that characterise Australian success stories. One of the country's best-known...

 

Real thing blind-sided, but Pepsi still can't pop its bubble

In the late 1970s and early '80s, Pepsi steadily gained on Coke in terms of market share. Characters in the ads always picked Pepsi, but so did most people who tried it in real life - the sweeter taste was more appealing. By 1983, Pepsi was outselling...

 

Muller should pull pin at LM

Justice Dalton's judgment on Thursday reflected long-standing concerns about the way Muller and fellow FTI partner John Park have taken care of business since Drake and his fellow directors appointed the pair administrators of a key company in the LM...

 
Controversial change can be done

Controversial change can be done

As you see from Tony Abbott's unceasing attack on new taxes and both sides' wariness on calls for an increase in the goods and services tax, the politicians on both sides are certain voters are united in not wanting to pay a cent more in taxes. This...

 
Airport closer to stakes buy

Airport closer to stakes buy

Sydney Airport remains in ''very constructive discussions'' about buying out the minority shareholders in the country's largest airport. The listed company has been interested in buying out the remaining 15.2 per cent of the shares it does not already...

 
China may still grow strongly for 20 years

China may still grow strongly for 20 years

After three decades of 9.8 per cent average annual GDP growth, China's economic expansion has been slowing for 13 consecutive quarters - the first such extended period of deceleration since the ''reform and opening up'' policy was launched in 1979....

 
Inequity of super generosity

Inequity of super generosity

Australia boasts what is perhaps the most generous middle-class welfare system in the world, a system where taxpayers shower benefits on executives that are not available to the average worker. Research conducted for Fairfax Media by actuary Geoff...

 
Auction clearance rate continues to climb

Auction clearance rate continues to climb

The election campaign has had little impact on the burgeoning property market with four in five properties selling at auction in Melbourne and Sydney over the weekend. However, it is getting the blame for the lack of stock and hopes are that October...

 
Telstra property chief in dealings with estate agent

Telstra property chief in dealings with estate agent

Telstra faces claims the company's top property manager is in business with a real estate agent who has received lucrative contracts to sell off millions of dollars worth of the telco's assets. Vito Chiodo, head of Telstra's property division in...

 
CBA set to deliver special dividend

CBA set to deliver special dividend

Commonwealth Bank is tipped to unveil a final dividend of just below $2 a share when it reports its annual profits this week, and some are predicting a one-off return of capital via a special dividend. On Wednesday the country's biggest bank will...

 

Take a risk, be focused, live by the passion

N ot everyone is cut out to be an entrepreneur, and with more than 30 per cent of small businesses failing in their start-up, it is worth checking out the traits that characterise Australian success stories. One of the country's best-known...

 
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