Finance News, Sunday 9th January 2011
New flood insurance policies not available in SE Qld
Insurance companies have stopped offering flood policies to homes and businesses now at risk in Brisbane- the Gold Coast- and northern New South Wales. Insurance Council of Australia spokesman Paul Giles ... ...Sun 9th January 2011 - 11:52pm
Govt green light for four new supermarkets
The latest sale of Canberra shopping space is renewing questions about the ACT Governments approach to increasing supermarket competition.The Government has given in-principle support to directly ... ...Sun 9th January 2011 - 11:51pm
Possum cuts power to 300 homes
A possum has been blamed for power cuts in Melbournes west this morning.It is believed the possum damaged electricity equipment in Williamstown- cutting power to about 300 homes and businesses.Train ... ...Sun 9th January 2011 - 11:41pm
Farmers return to flood devastated land
Primary producers in central Queensland are beginning to return to their land to find livestock and crops are washed away.The total economic cost is expected to reach more than 5 billion and Queenslands ... ...Sun 9th January 2011 - 11:37pm
Farmers return to flood devastated land
Primary producers in central Queensland are beginning to return to their land to find livestock and crops are washed away.The total economic cost is expected to reach more than 5 billion and Queenslands ... ...Sun 9th January 2011 - 11:28pm
Australia shares fall 0.3 pct U.S. jobs- floods hurt miners
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares fall 0.3 pct U.S. jobs- floods hurt miners ...Sun 9th January 2011 - 11:24pm
Housing construction continues to fall
Activity in the construction industry remained relatively subdued in December last year.The latest data from the Australian Industry Group and Housing Industry Association shows the Performance of Construction ... ...Sun 9th January 2011 - 11:06pm
Housing construction declines for seventh straight month
Activity in the construction industry remained relatively subdued in December last year.The latest data from the Australian Industry Group and Housing Industry Association shows the Performance of Construction ... ...Sun 9th January 2011 - 11:01pm
Coal terminal operating at 70 per cent capacity
The operators of Queenslands largest coal terminal- Dalrymple Bay in north Queensland- say it is too early to know when they will be back to full capacity.Loading at the terminal- south of Mackay- ... ...Sun 9th January 2011 - 11:00pm
New flood insurance policies not available in SE Qld
Insurance companies have stopped offering flood policies to homes and businesses now at risk in Brisbane- the Gold Coast- and northern New South Wales. The embargo has been declared by most insurers. Insurance ... ...Sun 9th January 2011 - 10:54pm
UKs David Cameron calls for smaller bank
British Prime Minister David Cameron says he wants banks to pay out less cash in bonuses this year than they did in 2010.Cameron spoke as bonus season approached and a report in The Sunday Telegraph suggested ... ...Sun 9th January 2011 - 09:56pm
Bank note firm re-hires sacked employees
Reserve Bank of Australia company Securency has re-hired former employees that were suspected of corruption- according to a newspaper report.The Reserve Bank owns half of Securency- which supplies plastic ... ...Sun 9th January 2011 - 09:52pm
Rain dampens cane growers expectations for 2011
Cane growers say the Queensland sugar industry will face more tough times in 2011.The industry is still grappling with last years dismal season- because of ongoing wet weather. Queensland Sugar Limited ... ...Sun 9th January 2011 - 09:24pm
Thousands of homes without power
Almost 3-000 homes are blacked out in Gympie- the Mary Valley and the Sunshine Coast hinterland in south-east Queensland.Energex spokeswoman Kerrin McMahon says the wild weather is hampering efforts to ... ...Sun 9th January 2011 - 09:00pm
Germany denies Portugal bailout plan
Germany on Sunday denied a report saying it plans- together with France- to press Portugal to seek a bailout in order to stop Spain and Belgium from becoming the next euro crisis casualties.It is ... ...Sun 9th January 2011 - 08:33pm
Dealer- employee likely behind Vodafone leak
Vodafone says a dealer or employee is probably responsible for sharing a password that allowed personal information to become available on the internet.Customer records were able to be accessed on the ... ...Sun 9th January 2011 - 08:25pm
Dealer- employee likely behind Vodafone leak
Vodafone says a dealer or employee is probably responsible for sharing a password that allowed personal information to become available on the internet.Customer records were able to be accessed on the ... ...Sun 9th January 2011 - 08:16pm
Germany- France push Portugal
Germany and France want to press Portugal to seek a bailout in order to stop Spain and Belgium becoming the next euro crisis casualties- German weekly Spiegel reported on Sunday.Paris and Berlin also want ... ...Sun 9th January 2011 - 07:02pm
Small business failures hit high
The Tasmanian Liberals want more assistance for the increasing number of failing small businesses.Figures released by the Australian Securities and Investments Commission show 80 Tasmanian businesses went ... ...Sun 9th January 2011 - 06:30pm
China December trade surplus shrinks to 13.1 bn
China said Monday its trade surplus shrank sharply in December- but the issue is still likely to be a sticking point in Sino-US trade talks when President Hu Jintao visits Washington next week.The countrys ... ...Sun 9th January 2011 - 05:43pm
Brazils finance minister warns of trade war
The world could face a full-scale trade war if governments keep pushing down exchange rates to boost exports- Brazils Finance Minister Guido Mantega warned in an interview on Monday.He ... ...Sun 9th January 2011 - 04:45pm
Chrysler hopes iconic Jeep will boost global sales
Chrysler has its eye on China and is counting on its iconic Jeep brand to boost global sales and help return the US automaker to profitability after a government-backed bankruptcy.The first boatload of ... ...Sun 9th January 2011 - 04:17pm
Insurance fraud rings find fertile ground in Canada
It starts with a seemingly courteous gesture behind the wheel- an innocent driver signals to turn left- and a driver in an oncoming lane waves for him to go ahead - when another vehicle speeds up and ... ...Sun 9th January 2011 - 01:57pm
Recall-hit Toyota to lead safety research
Toyota- hit with millions of safety recalls in recent years- Sunday announced it would open a safety research center to work with universities- hospitals and government agencies to reduce traffic fatalities ... ...Sun 9th January 2011 - 01:07pm
Car tech dazzles at Consumer Electronics Show
Automakers are taking a drive into the future at the Consumer Electronics Show.The annual event is traditionally a showplace for mobile phones- computers and television sets but car makers are grabbing ... ...Sun 9th January 2011 - 11:36am
Germany denies plan to press Portugal to seek bailout
Germany on Sunday denied a report saying it plans- together with France- to press Portugal to seek a bailout in order to stop Spain and Belgium from becoming the next euro crisis casualties.It is ... ...Sun 9th January 2011 - 10:52am
Vodafone says security breach a one-off
Vodafone has confirmed it believes its secure customer database has been breached by an employee or dealer who has shared the access password- revealing the personal details of millions of customers.Vodafone ... ...Sun 9th January 2011 - 07:21am
Germany- France push Portugal to seek bailout
Germany and France want to press Portugal to seek a bailout in order to stop Spain and Belgium becoming the next euro crisis casualties- German weekly Spiegel reported Sunday.Paris and Berlin also want ... ...Sun 9th January 2011 - 06:28am
Vodafone says security breach a one-off
Vodafone has confirmed it believes its secure customer database has been breached by an employee or dealer who has shared the access password- revealing the personal details of millions of customers.Vodafone ... ...Sun 9th January 2011 - 06:01am
Vodafone says security breach a one-off
Vodafone has confirmed it believes its secure customer database has been breached by an employee or dealer who has shared the access password- revealing the personal details of millions of customers.Vodafone ... ...Sun 9th January 2011 - 05:44am
Frances EDF to sponsor London Eye
British tourist landmark the London Eye is to have a French-owned sponsor- EDF Energy.Owner Merlin Entertainments announced it has awarded EDF naming rights to the famous wheel for the next three years- ... ...Sun 9th January 2011 - 04:09am
Frances EDF to sponsor London Eye
British tourist landmark the London Eye is to have a French-owned sponsor- EDF Energy.Owner Merlin Entertainments announced it has awarded EDF naming rights to the famous wheel for the next three years- ... ...Sun 9th January 2011 - 03:50am
US campaign to piggyback Oprah in Oz
Tourism authorities are planning to get the most bang for their buck from the recent Australian visit by television star Oprah Winfrey- announcing a new campaign in the United States.Tourism Australia ... ...Sun 9th January 2011 - 03:46am
Frances EDF to sponsor London Eye
British tourist landmark the London Eye is to have a French-owned sponsor- EDF Energy.Owner Merlin Entertainments announced it has awarded EDF naming rights to the famous wheel for the next three years- ... ...Sun 9th January 2011 - 03:46am
Protests as Bangladesh shares suffer record fall
Hundreds of investors held demonstrations in cities across Bangladesh on Sunday after the countrys main stock exchange plunged nearly eight percent in its steepest ever daily fall.The benchmark Dhaka ... ...Sun 9th January 2011 - 03:37am
Post-Christmas sales disappoint retailers
Despite a bumper first week of post-Christmas sales- figures released by the Australian Retailers Association shows growth is stagnant.Sales figures are up 3 per cent from the same time last year- with ... ...Sun 9th January 2011 - 12:45am
Post-Christmas sales disappoint retailers
Despite a bumper first week of post-Christmas sales- figures released by the Australian Retailers Association shows growth is stagnant.Sales figures are up 3 per cent from the same time last year- with ... ...Sun 9th January 2011 - 12:28am
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