News archive from 29 April 2013

Housing unaffordable for people on welfare: report

Housing unaffordable for people on welfare: report

Anglicare Australia has released a new report on rental affordability which finds it is becoming almost impossible for people on welfare to afford to rent a home.Anglicare surveyed more than 56,000 rental properties across the country. It found less...

ABC News, 09:04 in Business
 

'End of austerity': debate in Europe tests political will

Protesters in Spain last Thursday ... shouting slogans against austerity. Photo: Getty Images Readers of Ireland's largest-selling daily newspaper were confronted by an unexpected front page headline this week when the Irish Independent proclaimed the...

 
Businesses adjust to a 'new normal' as one in two plan to hire new staff

Businesses adjust to a 'new normal' as one in two plan to hire new staff

ONLY one out of every two private businesses in Australia intends to hire staff over the next six months, according to a survey by financial advisory firm PricewaterhouseCoopers (PwC). And fewer than one in three businesses are planning for a major...

 

Dollar back below 103 US cents

THE Australian dollar has dropped back below 103 US cents following weakness on global share markets and commodity prices. At 0700 AEST TOday, the currency was trading at 102.82 US cents, down from 103.10 US cents on Friday afternoon. Westpac New...

 

Australian market set to open flat

THE Australian stock market looks set to open flat following a mixed performance on Wall Street overnight after a mediocre report on US economic growth and the latest batch of uneven corporate earnings reports. At 0712 AEST today, the June share price...

 
Businesses adjust to a 'new normal' as one in two plan to hire new staff

Businesses adjust to a 'new normal' as one in two plan to hire new staff

ONLY one out of every two private businesses in Australia intends to hire staff over the next six months, according to a survey by financial advisory firm PricewaterhouseCoopers (PwC). And fewer than one in three businesses are planning for a major...

 

Dollar back below 103 US cents

THE Australian dollar has dropped back below 103 US cents following weakness on global share markets and commodity prices. At 0700 AEST TOday, the currency was trading at 102.82 US cents, down from 103.10 US cents on Friday afternoon. Westpac New...

 

Australian market set to open flat

THE Australian stock market looks set to open flat following a mixed performance on Wall Street overnight after a mediocre report on US economic growth and the latest batch of uneven corporate earnings reports. At 0712 AEST today, the June share price...

 
Disaster recovery fears aired for Cardwell

Disaster recovery fears aired for Cardwell

An independent think tank on regional issues says it is concerned about how the far north Queensland community of Cardwell will fare once reconstruction work from Cyclone Yasi ends.The Regional Australia Institute (RAI) has studied the experiences of...

ABC News, 09:14 in Business
 

'End of austerity': debate in Europe tests political will

In a country that began cutting spending and hiking taxes almost five years ago, well before the scale of the euro zone's debt crisis was evident, weary Irish voters have more interest than most in the fresh debate over Europe's cornerstone policy....

 

'End of austerity': debate in Europe tests political will

In a country that began cutting spending and hiking taxes almost five years ago, well before the scale of the euro zone's debt crisis was evident, weary Irish voters have more interest than most in the fresh debate over Europe's cornerstone policy....

 
Rural debt crisis sparks call for monetary policy rethink

Rural debt crisis sparks call for monetary policy rethink

A north-west Queensland mayor says a summit on the rural debt crisis will highlight concerns with the Federal Government's monetary policies.Richmond Mayor John Wharton says he would expect up to 300 people to attend the meeting in the town, east of...

ABC News, 09:18 in Business
 

Nissan to make small cars in France

RENAULT says its Japanese partner Nissan will manufacture the next generation subcompact Micra model at a factory in France, just a month after reaching a wage and working hours deal with French employees. The new Micra will be manufactured at the...

 

Vector gets nod for Contact's gas meters

VECTOR has won regulatory clearance to acquire Contact Energy's gas metering business for $63 million, which will merge the two largest suppliers of metering services on the New Zealand North Island's reticulated natural gas network. "Based on...

 

Aust bonds stronger on US growth data

AUSTRALIAN bond futures prices are higher following the release of disappointing US economic figures. Nomura head of fixed income Jon Linton said there had been a rise in demand for bonds globally on Friday night after the US data's release. The data...

 
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