$1 Billion Rail Project For Gold Coast

Published on August 2, 2010 by Technology Slice

$1 Billion Rail Project For Gold Coast – Construction has begun on a light rail project worth almost $1 billion on Queensland’s Gold Coast. The light rail will run from Southport to Broadbeach and is funded by the Queensland and federal governments and the Gold Coast City Council.

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World Population To Hit 7 Billion in 2011

Published on July 31, 2010 by Technology Slice

World Population To Hit 7 Billion in 2011 – In a sobering assessment of those two trends, William Butz, president of the Population Reference Bureau, said that ”chronically low birth rates in developed countries are beginning to challenge the health and financial security of the elderly”. At the same time, ”developing countries are adding over [...]

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IAG Expected Profit Drop

Published on July 27, 2010 by Technology Slice

IAG Expected Profit Drop – Annual profit to June 30 will be $91 million, down from $181 million in fiscal 2009, IAG said in a statement on Tuesday. Insurance margins for the year to June 30 would be seven per cent, in line with guidance. IAG said it expects to announce an insurance profit of [...]

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Posted in Money

NSW To Reduce Stamp Duty

Published on June 8, 2010 by Technology Slice

NSW To Reduce Stamp Duty – Treasurer Eric Roozendaal will deliver a surplus for 2010-11 believed to be in excess of $750 million. The Government, after initially predicting a deficit of close to $1 billion for 2009-10, will announce a surplus of $101 million for that year.

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Home Loans Begin To Fall

Published on May 12, 2010 by Technology Slice

Home Loans Begin To Fall – The number of home loans fell again in March, marking the sixth consecutive monthly decline, amid rising interest rates and a chronic shortage of housing. The tally of those borrowing to occupy the home rather than rent shrank to its smallest level in nine years. The number of home [...]

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