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Showing 8081 - 8090 of 10710 results for "May 2011"

Do nothing budget

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2010
"Those looking for a big spending pre-election budget won't find one." This is what Australian Federal Treasurer Wayne Swan told Parliament on Budget night. And he wasn't kidding. Sure there were a few government giveaways... a few takes, but compared ...

RSPT reaction excessive: ISN

ALEX DUNNIN  |  TUESDAY, 11 MAY 2010
An analysis of the proposed Resources Super Profits Tax (RSPT) by Industry Super Network reveals that its short-term introductory costs of 12 basis points will be more than offset by positive impacts on mining companies and super fund returns as they ...

Trillion dollar kitchen sink

BENJAMIN ONG  |  TUESDAY, 11 MAY 2010
In the words of Coney Francis, "Who's sorry now?" "I tried to warn you somehow You had your way Who's sorry now..." Shocked and awed. Yes, Virginia, this was how speculators felt when they were forced to cover their short positions after the European ...

Feeding the fear

BENJAMIN ONG  |  MONDAY, 10 MAY 2010
Feeding the fear. Times like these, it's not so difficult to do. Just replace the word "Greece" with "global" in Greece sovereign crisis and what do you have? You have Global Sovereign Crisis and the attendant panic and volatility in the financial markets ...

AFS deal raises Asian opportunities

MICHELLE BALTAZAR  |  FRIDAY, 7 MAY 2010
Dealer group Australian Financial Services Group (AFS) remains mum on the identity of its potential buyer but said the deal could potentially open up its financial planners to clients and products outside Australia, particularly in the broader Asian ...

Mining royalties should go into SWF

ALEX DUNNIN  |  FRIDAY, 7 MAY 2010
With the uproar surrounding the government's proposed 'mining super profits' tax, a less controversial solution may be putting mining royalties directly into an Australian sovereign wealth fund. Speaking on the ABC TV discussion program Q&A this week ...

New mining tax is miners' own idea

ALEX DUNNIN  |  FRIDAY, 7 MAY 2010
Super funds and investors upset about the mining stocks plunge this week should shift their blame from the government and instead zero in on the miners themselves because it was their idea. In a 20-page submission to the Henry Review in November 2008 ...

Death by algorithm

BENJAMIN ONG  |  FRIDAY, 7 MAY 2010
What does it take to wipe out more than US$1,000,000,000,000 on Wall Street? Punching "B" instead of "M" on your keyboard. Panic set on Wall Street overnight as the Dow went into a freefall to record its worst ever intra-day drop of 998.5 points. Was ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 MAY 2010
The Australian stock market is expected to post a huge decline at the start of Friday's trading day, following a horror night on offshore markets as Wall Street shed more than three per cent and commodities prices went backwards. At 0757 AEST on the ...

Global Sovereign Crisis

BENJAMIN ONG  |  THURSDAY, 6 MAY 2010
How do you solve a problem like Athena? The bears are slowly coming back from the woodworks as the vigilantes of the bond market train their crosshairs from Greece to other Eurozone countries. And we're all getting caught in the crossfire. Is that doom ...