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Nov 15, 2011

The Australian | Business Briefing Update: Wages rise less than expected




Wages rise less than expected
AUSTRALIAN wages excluding bonuses rose a seasonally adjusted 0.7 per cent in the third quarter, less than expected.
ANZ prices first covered bonds
Enda Curran ANZ has raised $US1.25 billion from the first issue of covered bonds from a local lender, ahead of an expected wave of issuance.
New Hope signs up suitors
David Fickling UP to 15 different parties have signed confidentiality agreements with New Hope Corp in considering an offer for the miner.
RBA changes a boost for banks
Enda Curran and Geoffrey Rogow THE RBA has detailed the make up of a new facility to help banks meet global rules, which analysts said are positive for lenders.
Apple taps Levinson as chair
Jessica E. Vascellaro APPLE has named Walt Disney CEO Robert Iger to its board and Arthur Levinson to the chairman post previously held by Steve Jobs.
Eurozone sliding into recession
Brian Blackstone THE eurozone economy barely grew in the third quarter, raising fears the euro bloc may already be sliding into recession.
Monti set to present his plan
Christopher Emsden ITALIAN Prime Minister-designate Mario Monti is set to present his plan to govern Italy, as yields on Italian bonds breached 7pc.
Pace of growth slows: Westpac
James Glynn SLOWING growth in Australian economic activity signals that a mid-year improvement has been short-lived, a Westpac survey showed.
Financial Markets
Stocks edge higher on mixed signs
AUSTRALIAN shares were higher, as a positive lead from the US was counterbalanced by continued worries about the eurozone.
Wall St rises on retail spend
Oil nears $US100 a barrel
Financial Markets Coverage
Mining & Energy
New Hope signs up suitors
David Fickling UP to 15 different parties have signed confidentiality agreements with New Hope Corp in considering an offer for the miner.
Oil nears $US100 a barrel
Gold ekes out small gain
More Mining & Energy

Smartcompany News and Analysis: Fresh fruit supplier collapses, What SMEs can learn from Bonds online, Govt rules out bumper Fair Work changes, The private betting website explosion

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Today on SmartCompany, we pinpoint what makes Bonds’ new online offering work, find out why NAB thinks manufacturing has a strong future despite a downbeat report on the industry, and look at the collapse of a Victorian fruit and vegetable supplier as a billionaire calls for Australia to quadruple its food production. And in Entrepreneur Watch, SmartCompany editor James Thomson questions whether Apple’s practice of getting products out there and fixing problems on the fly can continue as their products become more mainstream.

For all this and more, head to our home page.

Lunch with an Entrepreneur
The state of group buying sites
Are there too many group buying sites? Yes, according to Shop A Docket founder Simon McCord. BY MADELEINE HEFFERNAN.
Lunch with an entrepreneur

Industry Trends
On the right track
The horse and sports betting industry is undergoing significant change, as governments abandon their holdings in state-based TAB operations to effectively develop a national wagering market.
Industry Trends

Aunty B
I'm worried my staff will burn out. Help!
There are always a few of those in the office who shine a light on the others, intentionally or otherwise. And you have to make sure those people are rewarded or they will leave.
Aunty B

Profitable growth
Julia Bickerstaff

Being short on money and time is not a curse for the brain, it's a blessing.
Julia Bickerstaff

Digital Bottom Line
Brendan Lewis

These principles of war can be applied to commercial operations to improve the chances of their success.
Brendan Lewis

Property Investor
Michael Yardney

Australia's population will continue to increase, through birth and immigration, and these new Aussies will always need somewhere to live.
Michael Yardney

Entrepreneur Watch
James Thomson

Apple is famous for getting products out there and fixing problems on the fly. But will that model need to change as the consumer base shifts?