Tagged: SMH

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Tigerair crack down on cabin baggage

Tiger commercial director Adam Rowe said the airline had been encouraging passengers to adhere to the baggage allowances since the start of the year by positioning extra staff at departure gates to issue warnings...

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Telstra may compete on NBN

NBN Co said it would continue its second strategy of targeting the same areas TPG planned to install its service. "We have a competitive offering in the market which will continue to pursue with...

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Shares fall with iron ore jitters

Despite the news that NSW will reduce the surcharge they are allowed to charge taxi users from 10 per cent to 5 per cent, Cabcharge Australia was the best-performing stock of the day up...

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Australian dollar’s jobs bounce short-lived

The surge in the number of new jobs raised eyebrows in the market, which suspected it was a sampling error. "If the market took the data literally, there would have been a 2. 5...

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Banks at risk of ratings downgrade: S&P

In an interview with The Australian Financial Review, Ms Michaux pointed out that exposing bondholders to extra risk could push up borrowing costs for the banks, which could run through the economy. "One of the...

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$A tumble sparks talk of ‘deeper correction’

The Australian dollar fell through a well-defined trading band, tumbling to a near six-month low on Wednesday on growing signs that both the US and the UK will begin lifting interest rates well before...

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Shares post biggest loss in a month

Tony Paterno, senior investment advisor at Ord Minnett, said continued falls in the price of iron ore, Australia‘s most lucrative export, and weaker-than-expected home loan data also weighed on the market. "The biggest thing...

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Community TV gets pushed onto internet

In a speech this morning, Communications Minister Malcolm Turnbull said the government "believes that the best outcome for community television is that in future it uses the internet as its distribution platform. "To allow...

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Aussie dollar hits six-month low

US equities sold off, with the Dow Jones Industrial Average down 0. 6 per cent on the session. "The rise in Treasury yields and decline in US stocks confirm that investors are pricing in...

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Goyder tops pay scales at Wesfarmers

Mr Goyder‘s total package of $9. 4 million included an accounting expense of $2. 4 million in relation to unvested performance rights and shares granted under the 2011, 2012 and 2013 long term incentive...