Tagged: Australia

Australia's entrepreneurs need a funding kickstart

By Alexandra Tselios As entrepreneurs and small businessowners, we are (and should continue to be) placed under scrutiny to prove that we are up to the task of not just coming up with business concepts but...

Australia is in for some hard times

THERE’S a reason why the Reserve Bank cut interest rates on Tuesday. Based on the latest figures, the country isn’t going as well as we’d hoped. Read more here: Telegraph     

RBA cuts GDP, inflation forecasts

By Michael Roddan The RBA said today it downgraded the growth forecasts as the Australian economy had been growing at “a bit below its average rate” in the second half of 2014, while the end of...

Aust dollar rallies above US78c on RBA

By Mitchell Neems The Australian dollar rose almost half a cent on confirmation the Reserve Bank of Australia has revised down its economic growth forecasts. At 11. 27am (AEDT) the local currency was trading at...

Hills scores fixed wireless NBN extension

By David Swan The company said in a statement it has delivered approximately 30,000 fixed wirelesss installations on behalf of Ericsson for NBN Co so far. “NBN Co has received very positive net promoter scores from...

Markets Live: Bank stocks defy gravity

A separate report showed the US trade deficit increased unexpectedly in December to a two-year high on a pickup in imports of motor vehicles and fewer shipments overseas, showing US demand is holding up...

Home builders gloomy despite record construction activity

By Simon Frazer Private research indicates Australia‘s construction sector continued to shrink last month, despite continuing record levels of home building. The Australian Industry Group/Housing Industry Association Performance of Construction Index improved by 1....

End of the wire ropes for Arrium

By Mitchell Neems Arrium chief executive Andrew Roberts paid tribute to the business’ history in Australia, but said “it lies outside our strategic focus for future growth in mining consumables”. “Our growth in mining consumables is centred...