News archive from 22 July 2013

Six figure sums owed to creditors of rare coin company based in Albany

Six figure sums owed to creditors of rare coin company based in Albany

Documents released by the liquidator of a collapsed Albany-based rare currency broker, the Rare Coin Company, shows a long list of unsecured creditors and 21 parties which are owed six figure sums.That is in addition to about $200 million worth of...

ABC News, 09:14 in Business
 
Chinese online support for airport blast protestor

Chinese online support for airport blast protestor

Beijing's main airport is back to normal after a disabled man set off a home-made bomb at Beijing's main airport on Saturday, injuring himself in an apparent protest against police brutality.Chinese netizens have shown their support for 34-year-old Ji...

ABC News, 09:14 in Business
 
Deloitte Access Economics Business Outlooks says there is little risk of a recession for Australia

Deloitte Access Economics Business Outlooks says there is little risk of a recession for Australia

An economic forecaster has tipped slow growth for Australia for the rest of this year, but says there is little chance of a recession.The latest Deloitte Access Economics Business Outlook predicts a slow-down in mining investment and falling commodity...

ABC News, 09:45 in Business
 
Woman dies after hot air balloon accident

Woman dies after hot air balloon accident

A 35-year-old woman has died from injuries she sustained during a hot air balloon accident in Alice Springs a little over a week ago.Steph Bernoth was seriously injured when a scarf she was wearing was drawn through the mesh guard of a cold-air...

ABC News, 09:45 in Business
 
Tasmanians in bid to revive replica Viking ship as tourist attraction

Tasmanians in bid to revive replica Viking ship as tourist attraction

There is a push for Tasmania to claim a piece of Russian maritime heritage.A replica Russian Viking ship is lying idle on the Huon River after its crew spent two years sailing it here. It arrived in Australia this year, attracting crowds at Tasmania's...

ABC News, 09:45 in Business
 

Markets Live: Bright start in store

9:56am: Here's another view on the Japanese election result from yesterday. ""Abe's victory in the upper house is bullish for Japanese equities and the Japanese economy as a whole, as the removal of political headwinds bolsters the...

TheAge, 09:58 in Business
 

Markets Live: Bright start in store

9:50am: A note here from Evan Lucas at IG Markets on a local stock to watch this week, courtesy of an earnings report in the US on Wednesday (US time): Caterpillar is of most concern; it has been under immense pressure over the last two weeks with one...

 

Markets Live: Bright start in store

9:56am: Here's another view on the Japanese election result from yesterday. ""Abe's victory in the upper house is bullish for Japanese equities and the Japanese economy as a whole, as the removal of political headwinds bolsters the...

 
Birdsville tourism goes 'ballistic'

Birdsville tourism goes 'ballistic'

It has been a bumper tourist season in Birdsville in Queensland's far south-west.Birdsville Hotel assistant manager Steve Kinney says visitor numbers have been up since before the June school holidays. He says there is no sign of a drop off any time...

ABC News, 10:12 in Business
 

Markets Live: ASX posts bright start

10:13am: Both the All Ords and the ASX200 have jumped above 500o in opening trade. The All Ords is trading 0.9 per cent higher, or 43.2 points, to 5002.6, while the benchmarket ASX200 is 0.9 per cent higher, or 45 points to 5017.2. Upvotes:0...

 

Markets Live: ASX posts bright start

10:13am: Both the All Ords and the ASX200 have jumped above 500o in opening trade. The All Ords is trading 0.9 per cent higher, or 43.2 points, to 5002.6, while the benchmarket ASX200 is 0.9 per cent higher, or 45 points to 5017.2. Upvotes:0...

TheAge, 10:19 in Business
 

Markets Live: ASX posts bright start

10:13am: Both the All Ords and the ASX200 have jumped above 500o in opening trade. The All Ords is trading 0.9 per cent higher, or 43.2 points, to 5002.6, while the benchmarket ASX200 is 0.9 per cent higher, or 45 points to 5017.2. Upvotes:1...

 

Reap, not weep, with the right balance

But with the advent of compulsory superannuation in Australia, we have all become investors now. Asset allocation is about putting the right amount of your investments to cash, bonds (fixed interest), shares and property. The idea is that when some of...

 

Reap, not weep, with the right balance

But with the advent of compulsory superannuation in Australia, we have all become investors now. Asset allocation is about putting the right amount of your investments to cash, bonds (fixed interest), shares and property. The idea is that when some of...

 
Demand for established homes is helping boost Victoria's economy

Demand for established homes is helping boost Victoria's economy

Demand for established homes is helping to boost Victoria's economy, while the level of new residential construction has slipped.CommSec's latest quarterly State of the States report shows Victoria is a mid-ranked economy. Western Australia has again...

ABC News, 10:23 in Business
 
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