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Dec 7, 2011

Financial and Forex info News | The Australian Business Briefing Update: ANZ passes on full RBA cut:






ANZ passes on full RBA cut
Scott Murdoch ANZ Bank has become the first of the big four to lower interest rates, passing on the full RBA cut to customers.
 
Jobless rate rises to 5.3pc
James Glynn AUSTRALIA'S unemployment rate rose to a higher-than-expected 5.3 per cent in November from 5.2 per cent in October.
 
Iluka jumps on price bonanza
Robb M. Stewart ILUKA shares jumped on news that customers will soon pay 90 per cent more for its rutile, a material used to produce pigments.
 
Fletcher Jones in administration
ICONIC clothes brand Fletcher Jones has gone under after nearly 100 years, becoming the latest victim of a retail slump.
 
Europe's icons on credit watch
Joan E Solsman RATINGS agency Standard and Poor’s has put some of Europe’s great cities and a who’s who of European banks on credit watch.
 
BHP reshuffles for growth
Robb M. Stewart BHP has shifted responsibility of aluminium and nickel to allow an executive to focus on several growth projects.
 
China's festive pulse slows
Leo Lewis WITH a raft of Chinese economic indicators due for release, all is not well in the elves’ factory ahead of Christmas.
 
No denying it: 2012 will be tough
Michael Bennet TIPSTERS are dusting off their crystal balls to position their battered clients for another tough year in 2012.
 
Financial Markets
Stocks retain losses at midday
Sarah Turner AUSTRALIAN shares trade with modest losses ahead of this week's crucial meetings in Europe.
 
Stocks edge lower early
Wall St's Dow up for third day
 
Financial Markets Coverage
 
Mining & Energy
Woodside JV OKs $2.5bn project
David Winning WOODSIDE says a $2.5 billion development that will supply the North West Shelf will proceed after approval from its partners.
 
BHP reshuffles for growth
Iluka jumps on price bonanza
 
More Mining & Energy

SEC | Enforcement Actions: Giuseppe Pino Baldassarre, Robert Mouallem, and Malcolm Stockdale

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U.S. SECURITIES AND EXCHANGE COMMISSION


Litigation Release No. 22182 /December 7, 2011

Giuseppe Pino Baldassarre, Robert Mouallem, and Malcolm Stockdale

The Australian IT - PiNG: NSW SAP classroom fail



NSW SAP classroom fail
Fran Foo A $386 million SAP project at NSW Department of Education is found to be over-budget and failed to deliver expected benefits.
Be cautious with data breach laws: eBay
Fran Foo EBAY has urged the government to adopt a three-tiered approach to proposed data breach notification laws or risk crushing small businesses.
Facebook privacy a concern: survey
Karen Dearne PEOPLE do care about privacy on social networking sites, a regional survey by the Asia-Pacific Privacy Authorities forum has found.
Townsfolk reject wireless NBN
Pia Akerman THE NBN has come under fire in a Victorian country town who question why a wireless tower will be built instead of fibre cable.
India to muzzle the web
INDIA plans to start censoring the internet after social media companies refused to prevent users from uploading "offensive" material.
Customers will pay a price: Optus
Annabel Hepworth CONSUMERS face higher telecommunications bills under proposals to create a new agency to ensure services are provided to the bush.
New HR lead at Akamai
Paul Broekhuyse AKAMAI Technologies has appointed Rachael Fitzpatrick as human resource director for the Asia-Pacific/Japan region.
Net the parcel's best friend: Fahour
TERESA OOI AUSTRALIA Post plans to ramp up its e-commerce business, chief executive Ahmed Fahour says.
Facebook fixes photo bug
FACEBOOK has fixed a bug that allowed the viewing of some private photographs of other members including founder Mark Zuckerberg.
TPG sticks to earnings outlook
AAP TPG Telecom has maintained earnings guidance for fiscal 2012.
Click here for all headlines

IT Business
Coles to roll-out contactless payments
Digital radio push for state force
ISPs at Hollywood's mercy
Health bodies fear medical data distortion
Exec Tech
Technology gear that ruled the year
All of a sudden everyone's a critic
Music app goes out on a limb
Sony delivers small-screen Android
Opinion
ACS hits 20,000 member mark
Anthony Wong The artist Vincent van Gogh is quoted as saying, “Great things are not done by impulse, but by a series of small things brought together.”