SouthPeak Interactive Corporation Reports First Quarter Fiscal 2009 Results Nov 15, 2008
Source: SouthPeak Interactive Corporation. --(BUSINESS WIRE)--SouthPeak Interactive Corporation (OTC Bulletin Board: - ), one of the fastest growing videogame publishers, today announced financial results for the quarter ended September 30, 2008. (Yahoo! Wire -- Entertainment News)
$30m lifeline for ABC Learning Nov 14, 2008
A SYNDICATE of ABC Learning's banking creditors have lent the failed company a further $30 million to keep child-care centres open until the end of the year. The money comes after ABC's administrators went to the Federal Court on Wednesday to seek approval for a quick injection of cash to continue operating ABC's 1040 child-care centres in the short term. (Sydney Morning Herald -- Business)
Starting a business: folly or fortune? Nov 14, 2008
The argument runs that as older uncompetitive companies get carted out in a downturn, there is more room on the playing field for newer and more innovative ones, who also benefit from lower costs for real estate and employees ... So knowledge workers- those who wish to start consulting businesses in knowledge-intensive sectors - such as information technology and real estate, have an edge. (Sydney Morning Herald -- Business)
A start-up? Don't wind me up Nov 12, 2008
Many entrepreneurs would be forgiven for thinking the current environment is the worst time to be launching a business. The reality is the financial crisis is stalling growth around the world but Australia is probably the best placed of the modern OECD economies to ride out the stormy times. (Sydney Morning Herald -- Business)
Who are you and how do you spend? Nov 12, 2008
Who are you and how do you spend. Nicole Kidman and Kylie Monogue epitomise popular spending types. (Sydney Morning Herald -- Business)
STARBUCKS profit drops 97%... Nov 11, 2008
Starbucks 4Q profit drops 97 pct on closure costs: Financial News - Yahoo. AP Starbucks 4Q profit drops 97 pct on closure costsMonday November 10, 6:15 pm ET By Lauren Shepherd, AP Business Writer. (The Drudge Report)
Starbucks profit drops 97% on store closing costs Nov 11, 2008
Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)
BioteQ Announces Q3 Conference Call for November 17, 2008 Nov 10, 2008
Source: BioteQ Environmental Technologies Inc.. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2008) - BioteQ Environmental Technologies Inc. (TSX: - ), a leader in the treatment of metal and sulphate contaminated water, will host a conference call on Monday November 17, 2008 at 8:00 am Pacific time, 11:00 am Eastern time, to discuss the Company's financial results for the period ended September 30, 2008. (CCNMatthews Press Releases)
RBA cuts growth forecast Nov 10, 2008
The Reserve Bank of Australia (RBA) has left the door open to further falls in official interest rates, after revising down its estimates for economic growth and warning of the need to avoid a sharp slowdown in the months ahead. The central bank said growth in domestic demand had moderated significantly in recent months and that given the weakness in the global economy it expected the local economy would "remain below trend for some time.". (Sydney Morning Herald -- Business)
Management : Ferrari the first to go Nov 10, 2008
"When times get tough, the first thing people sell is the Ferrari and next is the beach house," said McGrath Real Estate founder John McGrath ... Prices at Hyams Beach, a favourite of the banking and finance set, are dropping back to 1999 levels, according to Hyams Beach Real Estate principal Todd Gallant. (Sydney Morning Herald -- Business)
Aussie cuts home loan rate Nov 10, 2008
Non-bank lender Aussie Home Loans has dropped its standard variable mortgage interest rate by a further 40 basis points, on top of a 50-basis-points cut before last week's change to the official cash rate. That takes Aussie Home Loans' variable rate to 7. (Sydney Morning Herald)
A whale of a time Nov 7, 2008
"The Phantom", aka Jean Paul Fortom-Gouin, was a small 35-year-old with natty suits and deep pockets who once claimed to have made his money from real estate deals in Panama but otherwise kept mum on the source of his wealth. Fortom-Gouin wanted to speak to whales and dolphins and in 1977 bought Santini's Porpoise School in Florida, famous as the home of the 1960s cetacean TV star, Flipper. (Sydney Morning Herald)
ABC child care doors stay open Nov 7, 2008
Deputy Prime Minister Julia Gillard has refused to be drawn on whether a taxpayer-funded bailout will be needed for collapsed childcare provider ABC Learning. Ms Gillard today said the receiver McGrathNicol had given an open-ended assurance that ABC's childcare centres across Australia would remain open. (Sydney Morning Herald -- Business)
Local brews take off Nov 7, 2008
You may have noticed the increasing number of new friends sitting next to traditional beers on the bottlo and pub shelves. For some, the thought of abandoning Tooheys, XXXX, VB or Carlton Draught for some new-kid-on-the-block craft beer is about as appealing as leaving the pub before midnight. (Sydney Morning Herald -- Business)
Alice-Darwin rail giant goes bust Nov 7, 2008
DEBT-RIDDEN operator of the Adelaide-to-Darwin railway FreightLink has been unable to sell its business, and has been forced into voluntary administration. The company, plagued by a $1. (Centralian Advocate)
Blockbuster Reports Third Quarter 2008 Results Nov 7, 2008
Source: Blockbuster Inc.. Third Quarter Domestic Same-Store Sales Increase 5. (Yahoo! Wire -- Entertainment News)
News Corporation Reports First Quarter Operating Income of $953 Million as Revenue Increases to $7.5 Billion Nov 6, 2008
News Corporation Reports First Quarter Operating Income of $953 Million as Revenue Increases to $7. 5 Billion: Financial News - Yahoo. (Yahoo! Wire -- Entertainment News)
Can't buy me love Nov 5, 2008
Illustration on divorce and real estate / property Original photograph: mortgage; news;980122; Jessica Hromas - generic housing, mortgage. Lego house. (Sydney Morning Herald)
Ready, steady, sue me! Nov 5, 2008
Ready, steady, sue me. Ready, steady, sue me. (Sydney Morning Herald -- Business)
Universal Music Australia Chooses Play MPE(R) to Digitally Deliver Pre-Release Music Nov 4, 2008
Source: Shooting Star. SYDNEY, Australia, Nov. 4 /PRNewswire/ -- The Shooting Star Picture Company and Universal Music Australia are pleased to announce the migration of all Universal Music digital servicing to PLAY MPE, Australia's new industry standard for the delivery of promotional content to radio and other media. (Yahoo! Wire -- Entertainment News)
Fall in ads as employers hold off Nov 3, 2008
Job ads during October fell for the sixth straight month with firms shying away from hiring staff in a slowing economy. Job ads in major newspapers and on the internet fell by 5. (Sydney Morning Herald -- Business)
Warner Australia Chooses Play MPE(R) to Digitally Distribute Pre-release Music to Radio Nov 1, 2008
Source: Shooting Star. SYDNEY, Australia, Oct. 31 /PRNewswire/ -- The Shooting Star Picture Company and Warner Music Australia are pleased to announce a partnership which will see one of Australia's largest record companies migrate to the exclusive use of PLAY MPE and Spins services, Australia's new industry tools for audio and video delivery and radio monitoring. (Yahoo! Wire -- Entertainment News)
Retail is on the brink - so let's act Oct 31, 2008
The result of a protracted downturn will be a shakeout of small players and the rationalisation of real estate portfolios among larger ones. The impact will not be restricted to the food retailers themselves but will flow on to their landlords as well. (Sydney Morning Herald -- Business)
Fastest growing businesses revealed Oct 31, 2008
Our fastest growing businesses. Founders of the Longwarry Food Park, Rakesh Aggarwal and wife Sunita named as Australia's fastest growing small business. (Sydney Morning Herald -- Business)
Map out your online future Oct 31, 2008
Small businesses with a local base are often unaware that they can lift their site rankings and reach more customers through the new, free online map and location directories. US research shows that 75% of web surfers never look beyond the first page, so it pays to use available tools to improve your visibility and help outrank competitors, resulting in more traffic and sales for your site. (Sydney Morning Herald -- Business)
Bill Express newsagencies could be off the hook Oct 31, 2008
Agencies could be off the hook. Agencies could be off the hook. (Sydney Morning Herald -- Business)
Fanatec(R) Introduces Limited Edition Porsche(R) 911 Turbo S Racing Wheels for Xbox(R) 360(TM) Oct 31, 2008
Wheel Available in Three Versions and Now Available for Pre-Order. BEVERLY HILLS, Calif. (Yahoo! Wire -- Entertainment News)
STARBUCKS' business may have bottomed... Oct 30, 2008
Starbucks' business may have bottomed in Q4: CEO: Financial News - Yahoo. Reuters Starbucks' business may have bottomed in Q4: CEOWednesday October 29, 11:15 pm ET. (The Drudge Report)
Trucking magnate dies at 85 Oct 30, 2008
SOUTH Australian trucking magnate Allan Scott has died, prompting tributes for a giant of the state's business community. Mr Scott, 85, died in Mount Gambier Hospital early on Tuesday with family and friends by his bedside. (Sydney Morning Herald -- Business)
Cash crunch squeezing small business Oct 29, 2008
Almost all small to medium sized businesses in both Victoria and NSW are feeling the pinch of tighter cash flows, according to a study. Almost all small to medium sized businesses in both Victoria and NSW are feeling the pinch of tighter cash flows as the credit crunch dries up the funds needed for business to function, a report said today. (Sydney Morning Herald)
Sydney rental vacancies stagnate at 1.2% Oct 28, 2008
Sydney rental vacancy rates remain stuck barely above one per cent, while the Illawarra region has worsened, real estate data shows. The Real Estate Institute of NSW figures, released on Wednesday, show Sydney vacancy rates remained static for the third straight month at 1. (Sydney Morning Herald -- Business)
Car tax rebate plan in disarray Oct 27, 2008
A PLAN to insulate farmers and tourism operators from the Federal Government's luxury car tax increase is in disarray, with a legislative bungle leaving up to 60% excluded from its promised rebate. Tax Office officials have confirmed that farmers and tourism operators would only be eligible for the $3000 rebate if they purchased their vehicles outright, which would leave out the majority who enter into lease arrangements. (Sydney Morning Herald -- Business)
Keep your bra on, use your head Oct 27, 2008
Keep your bra on, but use your head. "Any woman who calls herself a post-feminist has kept her Wonderbra and burnt her brains," says writer Kathy Lette, who says women have been ignored when it comes to financial services. (Sydney Morning Herald -- Business)
Using inflation to damage the credentials of the Howard government was a mistake. Oct 27, 2008
The builders and real estate agents go laughing all the way to the bank. Posted by: Vince on October 27, 2008 5:18 PM. (Sydney Morning Herald -- Business)
Reality bites? A second life is virtually yours Oct 26, 2008
It began when he designed what is known as Australia Island - an area of the virtual world on the internet where businesses sell products and real estate is sold direct to users ... "So for instance, when Linden Labs releases land, that affects real estate prices just like it would in NSW. The difference is, at the moment, that prices [in Second Life] are going up and in many ways represent a better option for many people.". (Sydney Morning Herald -- Technology)
30-Year-Old Hobby-Lobby R/C Airplane Wins UAV Contest Oct 25, 2008
Source: Hobby-Lobby International. Proof that you CAN teach an old dog new tricks. (Yahoo! Wire -- Entertainment News)
BioteQ Completes Fourth Full Season at Raglan Oct 23, 2008
Source: BioteQ Environmental Technologies Inc.. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 23, 2008) - BioteQ Environmental Technologies Inc. (TSX: - ), a leader in the treatment of metal and sulphate contaminated water, reported today that its Raglan operation in northern Quebec has completed its fourth operating season, processing a total of 688,000 cubic metres of water, meeting all water quality regulations for discharge to the environment, and delivering plant mechanical operating... (CCNMatthews Press Releases)
Blockbuster Inc. Reiterates Positive Outlook for Full-Year 2008; Sets Date to Announce Third Quarter Results Oct 23, 2008
Source: Blockbuster Inc.. DALLAS, Oct. 22 /PRNewswire-FirstCall/ -- Blockbuster Inc. (NYSE: - , - ) today announced that the Company will release its third quarter 2008 financial results on Thursday, November 6, 2008, after the close of the U.S. financial markets. (Yahoo! Wire -- Entertainment News)
A shot in the arm needed now to avoid the global contagion Oct 22, 2008
When I talk to local real estate agents, they tell me about a quarter of houses for sale in the area have either been repossessed or are being sold to avoid repossession. Last year, about 4000 homes were repossessed in NSW after home owners and investors fell behind on their mortgage repayments. (Sydney Morning Herald -- Opinion)
Small business feeling crunch: Swan Oct 22, 2008
Federal Treasurer Wayne Swan has conceded small businesses are suffering, as leaders approach Friday's summit with a grab-bag of demands that will include quick-fixes to free up cash-flow, but also calls to delay maternity leave changes and emissions trading. Yes, it is the case, that some small businesses have indicated to me - small and medium-sized businesses, particularly - that they are having difficulty, still, in accessing credit,'' Mr Swan told ABC Radio today. (Sydney Morning Herald -- Business)
More interest rates cuts on way Oct 20, 2008
MORE cuts in lending rates are expected as the big banks switch their focus from the hard-pressed housing market to the wider business sector. National Australia Bank yesterday became the second of the Big Four banks in three days to announce another 0. (Sydney Morning Herald -- Business)
Radiant Systems, Inc., Announces Third Quarter 2008 Earnings Conference Call Oct 18, 2008
Source: Radiant Systems, Inc.. ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (NASDAQ: - ), announced today that it will hold its quarterly conference call to discuss third quarter 2008 results on Thursday, October 30, 2008, at 4:30 p.m. Eastern Time. (Yahoo! Wire -- Entertainment News)
'Hostile' warning as Ford jobs go Oct 17, 2008
Hostile' warning as Ford jobs go. Hostile' warning as Ford jobs go. (The Age)
Business meets with Rudd, Swan Oct 17, 2008
A GROUP of big companies from several sectors today will give Prime Minister Kevin Rudd a bird's-eye view of how the Australian economy is travelling. A Sydney meeting, organised by the Australian Industry Group, will be attended by BHP Billiton, Deloitte, Leighton Holdings, News Ltd, Microsoft, IBM Australia, Xstrata, Ernst and Young and American Express. (Sydney Morning Herald -- Business)
Company Update Oct 16, 2008
Source: GBS Gold International Inc.. TORONTO, ONTARIO--(Marketwire - Oct. 15, 2008) - GBS Gold International Inc. (TSX: - ; "GBS Gold" or the "Company") reports that the Administrators appointed by its Australian subsidiaries have been granted a 45 business day extension to the period for holding the second creditors' meeting by the Australian courts. (CCNMatthews Press Releases)
Intrepid Mines Limited: Casposo Project Update Oct 13, 2008
Source: Intrepid Mines Limited. BRISBANE, AUSTRALIA--(Marketwire - Oct. 13, 2008) - Intrepid Mines Limited (TSX: - ; TSX: - ; ASX: - ; the "Company") wishes to provide the market with an update on the status of its Casposo Project in the San Juan Province of Argentina. (CCNMatthews Press Releases)
BankWatch coming your way Oct 13, 2008
HOMEBUYERS will be able to use a new Federal Government website to compare lenders' mortgage costs over time before they commit to a specific loan. The initiative, similar to FuelWatch and GroceryWatch, is the latest move by the Government to increase competition between the major lenders and to arm consumers with more information before they plunge into massive debt. (Sydney Morning Herald -- Business)
Job ads fall for fifth month Oct 13, 2008
Advertisements for jobs in September fell in Australia for the fifth straight month as firms reduce hiring staff in the slowing economy. Job ads in major newspapers and on the internet fell by 1. (Sydney Morning Herald -- Business)
Shares in freefall Oct 10, 2008
Australian shares cratered, recording the steepest falls in what is already a dismal year, dragging the value of the benchmark share index below $1 trillion as the market headed for its worst week since the 1987 collapse. - Market loses about 8% - Stocks dive about 14% for the week, worst since 1987 - Value of ASX200 falls below $1 trillion - $600 billion wiped out in past year. (Sydney Morning Herald -- Business)
Ivernia Names John Pitcher General Counsel and Corporate Secretary Oct 8, 2008
Source: Ivernia Inc.. TORONTO, ONTARIO--(Marketwire - Oct. 8, 2008) - Ivernia Inc. (TSX: - ), an international base metals company, today announced that John Pitcher has joined the Company as General Counsel and Corporate Secretary, effective immediately. (CCNMatthews Press Releases)
Franchisors warned: open your books Oct 8, 2008
Franchisors warned: open books. Franchisors warned: open books. (Sydney Morning Herald -- Business)
CBA buys BankWest for $2.1b Oct 8, 2008
CBA buys BankWest for $2. CBA buys BankWest for $2. (Sydney Morning Herald -- Business)
Pro Travel Network Reports a Record Increase in Revenues, Profits Oct 7, 2008
Source: Pro Travel Network, Inc.. Oct. 7, 2008 (GLOBE NEWSWIRE) -- Pro Travel Network, Inc. (OTC BB: - ) (the ``Company'') is pleased to announce its financial results for the fiscal year ended June 30, 2008. (Primezone Releases)
Heat on RBA for big rates cut Oct 6, 2008
THE Reserve Bank of Australia is under increasing pressure to pass on a bigger than expected cut to interest rates this week, with banks unlikely to pass on the full benefit to customers. While the US Congress' approval of the $US700 billion bail-out of Wall Street could thaw frozen credit markets, restoring confidence among financial companies could take longer, with the program likely to take another month to get up and running. (The Age)
Cut rates now - and pass it on Oct 6, 2008
IN MY meetings last week with small business owners, many expressed concern not only for their business but for their employees during this time of global financial uncertainty. Employers are worried about their ability to continue to provide jobs and about the level of personal debt of some of their employees. (Sydney Morning Herald -- Business)
NSW not a 'basketcase' Oct 6, 2008
NSW not a 'basketcase. NSW not a 'basketcase. (Sydney Morning Herald -- Business)
* Moodys predicts growing headwinds in Asia-Pacific Oct 4, 2008
Moodys extended negative rating actions on 17 companies in this region, excluding Japan, in the third quarter X mostly real estate and technology firms X with positive rating actions on only two companies over the same period, the report said. In comparison, Moodys issued negative ratings in the second quarter on 18 rated companies in the Asia-Pacific region, but no upward revisions. (Taipei Times, Taiwan -- World)
Build-A-Bear Workshop, Inc. Sets Date for 2008 Third Quarter Earnings Announcement and Investor Conference Call Oct 4, 2008
Source: Build-A-Bear Workshop, Inc.. ST. LOUIS--(BUSINESS WIRE)--Build-A-Bear Workshop, Inc. (NYSE: - ), an interactive, entertainment-based retailer of customized stuffed animals, will report results for its fiscal 2008 third quarter ended September 27, 2008, on October 16, 2008 prior to the opening of trading on the New York Stock Exchange. (Yahoo! Wire -- Entertainment News)
Commercial Property Oct 3, 2008
Commercial Real Estate ... au - Real Estate and Property Australia ... Search or Browse Commercial Real Estate. (Sydney Morning Herald -- Opinion)
Grin and bear it Oct 3, 2008
In the past when markets dropped, investors took their money out of shares and put it into real estate. With the era of easy capital gains on property over and with more generous tax-breaks on super, property prices may come under even more pressure. (Sydney Morning Herald -- Business)
Bank deposits safe: banks Oct 3, 2008
SPEAKING at a business lunch last week amid the maelstrom of a financial system in crisis, ANZ chief executive Mike Smith was asked a question that reflected a small but nagging doubt in the minds of millions of depositors: how safe are Australia's banks. "Among the safest in the world," Mr Smith replied. (Sydney Morning Herald -- Business)
You can be a renter and still save money Oct 3, 2008
The latest Real Estate Institute of Australia housing affordability report says that, while the proportion of family income required to meet home loan repayments was 39. 8 per cent, only 25 per cent of family income was required to meet rent payments. (Sydney Morning Herald -- Business)
Property squeeze causing rental rage Sep 24, 2008
2 per cent - unchanged from the previous month, the Real Estate Institute of NSW reports. . (Sydney Morning Herald)
Luiri Gold Receives Positive Metallurgical Results Sep 24, 2008
Source: Luiri Gold Limited. Excellent gold recoveries from the Luiri Hill Gold Project in Zambia. (CCNMatthews Press Releases)
A case of triple trouble Sep 24, 2008
Triple trouble looms for small business. Triple trouble looms for small business. (Sydney Morning Herald -- Business)
