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Feb 12, 2012

Financial and Forex Info News | The Australian Business Briefing Update: ANZ set to slash jobs







ANZ set to slash jobs
THE ANZ Bank is poised to announce another round of hefty job cuts.

Leighton in AFP probe
Lisa Macnamara SHARES in Leighton fell after it said a subsidiary may have made payments in Iraq that potentially broke Australian laws.

JB Hi-Fi profit meets guidance
Gavin Lower JB HI-FI has reported a 9.4 per cent fall in first-half profit in what it described as the most challenging period in years.

Optus posts modest gains
Mitchell Bingemann OPTUS posted a resilient third quarter result as it weathered attacks from Telstra to make modest revenue and profit gains.

Qantas pilots cane CEO Joyce
Steve Creedy QANTAS pilots have attacked CEO Alan Joyce's claim that grounding the airline’s fleet last year was "positive" for its brand.

Shares up on Greek austerity vote
Sarah Turner THE sharemarket pulled back slightly from early momentum that built on passage of a Greek austerity bill crucial to new bailout aid.

High-flyer with guts aplenty
James Brooks QANTAS chief Alan Joyce has shown himself to be a leader among leaders.

Hill-Ling helps transform Aussie icon
Damon Kitney JENNIFER Hill-Ling grew up with not just one Hills hoist clothesline at home, but two.


Financial Markets

Shares up on Greek austerity vote
Sarah Turner THE sharemarket pulled back slightly from early momentum that built on passage of a Greek austerity bill crucial to new bailout aid.

Stocks rise on Athens vote
Dollar drops below $US1.07


Financial Markets Coverage



Mining & Energy

Marathon accepts $5m for mining ban
MARATHON Resources has accepted $5 million in compensation over a proposed mining ban on the Arkaroola area.

Australia teaches tax in Africa
Anvil paves way for Minmetals


More Mining & Energy





2012-02-13 12:55:07.0 Sharemarket slightly higher at midday
2012-02-13 12:47:44.0 Don't cut jobs, Shorten tells Qantas
2012-02-13 12:47:40.0 Spotlight on shareholder voting
2012-02-13 12:40:47.0 JB Hi-Fi has the Smarts
2012-02-13 12:37:43.0 Optus posts modest gains
2012-02-13 12:37:32.0 JB Hi-Fi profit meets guidance
2012-02-13 12:30:00.0 Gold Road Resources increases Cen...
2012-02-13 12:26:14.0 Home loan commitments rise 2.3 per cent
2012-02-13 12:14:13.0 Shares up on Greek austerity vote
2012-02-13 12:08:48.0 ANZ set to slash jobs
2012-02-13 12:02:52.0 Marathon accepts $5m for mining ban
2012-02-13 12:00:00.0 Leighton Holdings Preliminary Fi...
2012-02-13 11:58:00.0 Homeloan approvals jump 2.3pc
2012-02-13 11:54:06.0 ANZ poised to axe more jobs
2012-02-13 11:31:18.0 Australia teaches tax in Africa


More Business Breaking News




Smartcompany News and Analysis: SMEs brace for new rates hit, Packer invests $5m in online freight firm, Five signals from JB Hi-Fi’s profit result, Buffett’s message to business

smart company logo image

The reemergence of James Packer as an angel investor continues. Today on SmartCompany we look at his latest deal, a $5 million investment in an online freight company poised for overseas expansion. We also look at five signals from JB Hi-Fi’s profit result (and it’s not all bad news) and examine the outlook for SME lending rates, which are again set to rise.

Plus in Entrepreneur Watch, James Thomson looks at Warren Buffett’s latest missive to the market, which includes a pick-me-up for entrepreneurs.

Property
The two-speed decade for home value growth
If recent market conditions are anything to go by, the residential housing market is likely to show lower levels of capital gains in the coming years. BY TIM LAWLESS.
Features

Wealth
The billionaire gunning for ethical investment
Billionaire Richard Chandler has become one of Gunn's biggest shareholders. He plans to champion his cause of transparency and ethical shareholder activism. BY JAMES THOMSON.
Features

Aunty B
I'm becoming a clock-watcher... and very annoyed!
Forget your lazy staff member. Why on earth are you annoyed by him or her? Fix your gaze on the manager.
Aunty B

Selling
Sue Barrett
More and more, the high cost of selling, longer lead times and the multitude of choice that customers have is taking its toll on businesses.
Ask the Experts

Behavioural Economics
Bri Williams
As new social media site Pinterest is using to its advantage, delaying gratification can heighten the pleasure of being accepted.
Smart Blogs

Retail advice
Brian Walker
It’s time to stop worrying about the financial markets and interest rate decisions – jump onto your retail controls and build a fitter business today.
Smart Blogs

Entrepreneur Watch
James Thomson
The Oracle says gold is a bubble and bonds need a warning label. But he’s still backing one asset class.