News archive from 27 February 2013

AirAsia profit soars, bullish on outlook

AIRASIA, Asia's largest low-cost carrier by fleet size, says its fourth-quarter profit has jumped 168 per cent year-on-year amid increased passengers. AirAsia said in a statement that net profit for the quarter ending December 31 stood at 350.65...

 
Markets sound alarms at Italy's vote impasse

Markets sound alarms at Italy's vote impasse

Italy was at an impasse after an election seen as crucial for the eurozone failed to produce a clear winner and provided a shock debut for a populist anti-austerity party, rattling world markets and setting off alarm bells across Europe.The Milan...

ABC News, 01:08 in Business
 

JPMorgan Chase to cut 4,000 jobs in 2013

US banking giant JPMorgan Chase plans to slash 4,000 jobs in 2013 as part of a cost-cutting program, according to the company's presentation to investors on Tuesday. JPMorgan Chase projected it would reduce overall expenses in 2013 to $US59 billion...

 

Is charity work a donation?

You will need to be guided by the company's accountants, but the simplest way to proceed may be for the charity to pay you in the normal way. Provided they are an approved charity, you could then donate the wages back to them and it would be a tax...

 

Is charity work a donation?

You will need to be guided by the company's accountants, but the simplest way to proceed may be for the charity to pay you in the normal way. Provided they are an approved charity, you could then donate the wages back to them and it would be a tax...

 

Bank on banks

I'm including the 30 per cent tax break from franking, which all shareholders get to keep. No wonder the smart money is quitting term deposits as soon as they mature and heading for bank shares. In giving up a government- guaranteed term deposit, the...

 

Bank on banks

I'm including the 30 per cent tax break from franking, which all shareholders get to keep. No wonder the smart money is quitting term deposits as soon as they mature and heading for bank shares. In giving up a government- guaranteed term deposit, the...

 

Insight: Savings interest rates

But there are growing signs that further cuts from the Reserve Bank could cause returns from term deposits and online savers to dwindle this year. Right now there is about $600 billion sitting in term-deposit accounts - a huge amount by any measure....

 

Hot stock: AWE

December-quarter production increased 33 per cent during the previous quarter to hit 1.3 million barrels of oil equivalent. A key driver was the resumption of production at a project in the Bass Strait after a 10-month shut-in. BassGas contributed...

 

Insight: Savings interest rates

But there are growing signs that further cuts from the Reserve Bank could cause returns from term deposits and online savers to dwindle this year. Right now there is about $600 billion sitting in term-deposit accounts - a huge amount by any measure....

 

Hot stock: AWE

December-quarter production increased 33 per cent during the previous quarter to hit 1.3 million barrels of oil equivalent. A key driver was the resumption of production at a project in the Bass Strait after a 10-month shut-in. BassGas contributed...

 
The debenture dilemma

The debenture dilemma

With interest rates on term deposits not as good as they used to be, there is a temptation to chase returns elsewhere. However, many investments favoured by retiree investors that promised higher interest, such as mortgage funds and property-related...

 
Virgin: no guarantee on Tiger

Virgin: no guarantee on Tiger

VIRGIN Australia insists it cannot give an ''ironclad guarantee'' that it will triple the size of Tiger's Australian fleet within the next five years because of the volatile nature of the industry. The competition regulator has indicated that a...

 
The debenture dilemma

The debenture dilemma

With interest rates on term deposits not as good as they used to be, there is a temptation to chase returns elsewhere. However, many investments favoured by retiree investors that promised higher interest, such as mortgage funds and property-related...

 
Virgin: no guarantee on Tiger

Virgin: no guarantee on Tiger

VIRGIN Australia insists it cannot give an ''ironclad guarantee'' that it will triple the size of Tiger's Australian fleet within the next five years because of the volatile nature of the industry. The competition regulator has indicated that a...

 
Australia news at twitter


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