Bank on it: punters support rate cut after weak sales
Local Australia News
A BETTING plunge on financial markets suggests an interest rate cut today is as good as certain after weak retail sales figures appearing to show the worst growth on record.
Source: The Sydney Morning Herald National Headlines
Business has had enough of political backbiting
Local Australia News
BUSINESS believes the political system is failing the country and is frustrated with the divisive political debate and short-sighted agendas of all parties, the chief executive of the Business Council of Australia, Jennifer Westacott, said yesterday.
Source: The Sydney Morning Herald National Headlines
Rinehart sees role of white knight but is ready to ride off
Local Australia News
GINA RINEHART hopes to be a ''white knight'' for Fairfax Media, but might sell her shareholding unless she is offered positions on the board without ''unsuitable conditions''.
Source: The Sydney Morning Herald National Headlines
Australia launches carbon tax
Australian Prime Minister Julia Gillard has dug in on her prediction that Tony Abbott will not repeal the carbon price as promised, as Australians woke up to day one of the country's most profound economic reform in more than a decade. Ref. Source 9
Future at stake for Nine's proud but crumbling dynasty
Local Australia News
FOR 56 years the Nine Network has been a force to be reckoned with. Today, it sits on the brink of collapse, threatened with the possibility of a financial coup de grace that will put it in the hands of the banks.
Source: The Sydney Morning Herald National Headlines
Slender surplus hangs in balance
Local Australia News
THE federal government is prepared to jettison its promise to return the budget to surplus this financial year rather than make further harsh cuts should economic conditions continue to deteriorate, it has been revealed.
Source: The Sydney Morning Herald National Headlines