Published on March 23, 2010 by Technology Slice
Westpac Wants To Increase Rates Again – Westpac is under financial pressure to impose more interest rate rises on its customers, the bank’s chief executive, Gail Kelly, has warned. But, in a private briefing to big shareholders, Mrs Kelly suggested that the prospect of a political backlash from Canberra could make it difficult to hit [...]
Tags: banks, Basis Points, Business Customers, Canberra, Chief Executive, Election Year, Federal Election, Home Loan, Interest Rate, Mrs Kelly, Offshore Fund, Opts, Political Backlash, Political Storm, Quarterly Earnings, Reliance, Shareholders, Speculation, Westpac
Posted in Money
Published on March 16, 2010 by Technology Slice
Budget May Be In Surplus Early – Speculation that Treasurer Wayne Swan will hand down the Henry Tax Review on the same day as the May 11 Budget would seem unlikely if research by a leading Australian investment bank proves correct. Macquarie Research says the Budget could be brought back to surplus by 2011-12, four [...]
Tags: Australian Investment, Economist, Election Year, Fiscal Outlook, Fiscal Position, Income Taxes, Investment Bank, Jobless Rate, Ken Henry, Last November, Mr Swan, Report Suggests That, Speculation, Standout, Swan, Treasurer Wayne, Treasury Secretary, Turnaround, unemployment rate, Wayne Swan
Posted in Money
Published on February 24, 2010 by Technology Slice
Toyota Lentz – Jim Lentz, Toyota’s president of U.S. sales, will tell the House Energy and Commerce Committee this morning that the company acknowledges and regrets poor communication about safety problems both within the company and with regulators and consumers, Joseph B. White reports. At the same time, according to the text of his statement [...]
Tags: Bart Stupak, Commerce Committee, Committee Chairman, Department Of Transportation, Election Year, Faults, Federal Grand Jury, Henry Waxman, Lawsuits, Lentz, Mechanical Problems, Poor Communication, Regulators, S Sales, Safety Problems, Securities And Exchange Commission, Southern District Of New York, Subcommittee Chairman, Subpoenas, Sudden Acceleration
Posted in General
No Comments