Published on November 10, 2010 by Technology Slice
Unemployment To Drop To 4.5 Percent – Treasury believes the budget is on track to return to surplus as promised, pencilling in an underlying cash balance of $3.1 billion in 2012-13, up from the May budget forecast of $1 billion, and marginally down from the pre-election forecast of $3.5 billion. Advertisement: Story continues below The [...]
Tags: 1 Billion, Advertisement, budget, Business Investment, Cash Balance, Economic Growth, economy, household, Swan, Treasurer Wayne, Treasury, unemployment rate, Wayne Swan
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Published on November 9, 2010 by Technology Slice
Commonwealth Bank Customers Will Lose Homes – Commonwealth Bank chief executive Sir Ralph Norris has conceded his bank’s 0.45 per cent interest rate hike will cost some of his customers their homes, a reality he says troubles him. But in defence of his bank’s Melbourne Cup Day hike, Sir Ralph said it was better to [...]
Tags: 1 Billion, Bad Debts, Bank Lender, Banking System, Commonwealth Bank Customers, Exit Fees, Government Intervention, Ing Direct, Interest Rate Hike, Melbourne Cup, Mortgage Products, Mortgage Stress, National Economy, New Business, Personal Loans, Ralph Norris, Record Profits, Sir Ralph, Spike, Temporary Relief
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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.
Tags: 1 Billion, Bligh, Broadbeach, Federal Governments, Gold City, Gold Coast City, Gold Coast City Council, Half Years, jobs, Light Rail Project, People, Queensland Rail, Sod, Southport
Posted in General
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 [...]
Tags: 1 Billion, Australia Canada, Butz, Demographer, Developing Countries, Financial Security, health care, Japan Population, Less Developed Countries, Low Birth Rates, Norway Population, Older Group, Population Data Sheet, Population Of Africa, Population Reference Bureau, recession, Retirement Ages, Russia Population, South Korea, World Population
Posted in General
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 [...]
Tags: 1 Billion, Australia And New Zealand, Bodily Injury, Corporate Strategy, Deterioration, Dividend, Financial Result, Gwp, Home Markets, Iag, Margins, Mike Wilkins, Operational Performance, Outset, Perth, Profit Drop, Storms, Uk Business, Uplift, Zealand Businesses
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