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GDP pace slowest since financial crisis | Financial $ Forex Info News | The Australian Business Briefing

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|FINANCIAL & FOREX MARKET INFO  GDP pace slowest since financial crisis UPDATED Scott Murdoch AUSTRALIA'S economy is growing at its slowest pace in nearly two years, despite its being seen as among the world's best performers. Next web billionaire aged 29 Murad Ahmed ANDREW Mason studied music at university where he dreamt about making his riches as a rock star. S&P mulls credit downgrade on Portugal John Kell CREDIT ratings agency Standard & Poor's says it is mulling a downgrade on Portugal's investment-grade ratings, citing economic pressures. St George plans aggressive strategy EXCLUSIVE Glenda Korporaal ST GEORGE'S new chief executive Rob Chapman has unveiled an aggressive strategy to expand in Queensland, Victoria and Western Australia. Higher debt costs hit manufacturers Enda Curran AUSTRALIAN manufacturers suffered more pain in November from record highs in the local currency

Employers warn of mine wage blowout | Financial And Forex Info News | The Australian Business Briefing

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FINANCIAL AND FOREX INFO NEWS   Employers warn of mine wage blowout Sarah-Jane Tasker, Tracy Lee and Matt Chambers EMPLOYERS have urged policymakers to act quickly to help alleviate escalating labour cost pressures in the mining and energy sectors.   Wall St falls on European debt fears UPDATED Donna Kardos Yesalavich US stocks fell today on worries that the $117 billion Irish bailout might not be enough to contain the euro-zone debt crisis.   Sweet deal of a lifetime sours INSIDE STORY Michael Sainsbury, China correspondent MATTHEW Ng must have thought all his Chinese New Years had come at once when he secured 20 per cent of Guangzhou travel group (GZL).   Swan's 'fifth pillar' bank plan criticised Scott Murdoch A FINANCE industry association has criticised attempts to increase competition by encouraging non-bank lenders to become a "fifth pillar".   Bank resources bonanza, says RBA chief