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October 31, 2009

Resort ruling did developers a favour, say conservationists

Filed under: market — Ami @ 6:00 pm

A central Queensland conservation group says a failed proposal for a resort development on Great Keppel Island was too big for the area.

First-home buyers face price limits

Filed under: market — Ami @ 6:00 pm

From next year there will be price limits on homes that can be bought under the First Home Owners Grant Scheme.

Watchdog slams ACT on supermarket planning

Filed under: market — Ami @ 6:00 pm

The ACT Government’s supermarket policy has been criticised by the chief of the Australian Competition and Consumer Commission (ACCC).

White House takes credit for recovery

Filed under: market — Ami @ 6:00 pm

The Obama Administration is claiming that its massive economic stimulus plan has saved or created nearly 650,000 jobs in the United States.

BP fined & #36;96m over deadly blast

Filed under: market — Ami @ 6:00 pm

British oil giant BP has been hit with a record $96 million fine in the United States, for safety violations at a Texas refinery.

Shares close firmly in the black

Filed under: market — Ami @ 6:00 pm

THE share market has broken a four-day losing streak on a rebound in sentiment, spurred by data overnight showing the US economy returning to growth.

Macquarie opts for share bonus scheme

Filed under: market — Ami @ 6:00 pm

MACQUARIE Group will go ahead with a proposal to pay more of its bonuses in equity rather than cash after the government amended legislation introduced to change the taxation of share schemes.

Dollar 1.5 cents higher at noon

Filed under: market — Ami @ 6:00 pm

THE dollar was more than 1.5 cents higher at noon after the US economy emerged from four quarters of negative growth.

Shares fire up on US performance

Filed under: market — Ami @ 6:00 pm

THE share market remained stronger at noon, albeit off its early peak, after better than expected economic growth numbers in the US overnight put a fire under the market.

Shares up almost 2pc on US growth

Filed under: market — Ami @ 6:00 pm

THE share market opened stronger, after a three month high on Wall Street following better-than-expected US economy growth figures signalled the possible end to the recession.

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