archive-au.com » AU » B » BUSINESSSPECTATOR.COM.AU

Total: 1320

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • KPMG chair urges govt on costs | Business Spectator
    Jan Alcoa gives up on aid report 09 Jan A fast to follow the spending binge More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy R Ambrose Raven Fri 2014 01 03 16 38 But according to the Noalition we have another 400 billion of mining investment still coming Obviously powerful decision makers in the real world must disagree with KPMG KPMG is one of the Big Four accountancy firms that audit around 99 of FTSE 100 companies These firms audited all the distressed banks At the height of the banking crisis they gave the customary clean bill of health to Northern Rock Abbey National Alliance and Leicester Bradford Bingley HBOS Lloyds TSB and Royal Bank of Scotland RBS Bear Stearns and Lehman Brothers went bust shortly after receiving the all clear A subsequent inquiry by the House of Lords economic affairs committee accused auditors of dereliction of duty complacency and basking in a culture of box ticking rather than delivering meaningful audits Perhaps KPMG could look to its own performance Ruling class warfare against the 99 9 has been liberated from its post war closet A blatantly self interested ideological consensus shared by the reactionary ruling classes that typically control governments from US Republicans Obama is a 90s Republican through to Angela Merkel s Christian Democrats and Cameron s Tories propagandises that the state is the source of economic bad threatens enterprise overtaxes and feeds inflation so must live within its means Austerity being the poster boy the moneybags and the media and politicians they own have brazenly reversed the truth blaming a Great Recession deliberately caused by their own greed onto the victims the masses now deemed to have a Culture of Expectation Entitlement Naturally the solution is for the masses to be relieved through austerity of this moral hazard by surprise surprise transferring it to the already filthy rich Chrispy 52 Fri 2014 01 03 19 40 Not sure about this KPMG finding Foreign direct investment in Australia was 549 6 billion in 2012 an increase of 8 6 on the 2011 figure of 506 1 billion Average annual growth since 2007 has been 6 7 The 2007 figure was 396 9 billion High construction costs The construction industry has grown 22 5 between December quarter 2007 and September quarter 2013 compared with overall GDP growth of 14 9 De regulate labour markets That just gives big business the advantage and everyone else suffers including the economy in the end Taxes They re probably reasonable compared with many OECD countries Ken not available Sat 2014 01 04 13 23 Chrispy you are on fire KPMG is limited by tunnel vision thats just one of the parameters they must espouse to pacify their shareholders On the other hand Chrispy has opened up the discussion by telling KPMG that there are

    Original URL path: http://www.businessspectator.com.au/news/2014/1/3/australian-news/kpmg-chair-urges-govt-costs (2014-01-12)
    Open archived version from archive


  • Private sector credit rises in November | Business Spectator
    Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Private sector credit rises in November 31 Dec 2013 11 42 AM 3 Economy Australian News Reserve Bank of Australia Reserve Bank of Australia data shows housing and business credit lifted during the month of November You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP with a staff reporter Credit growth rose moderately in November as consumers and business are still wary about taking on more debt Reserve Bank of Australia RBA data shows the total value of credit provided to the private sector by banks and other lenders grew by 0 3 per cent in the month following an identical 0 3 per cent lift in October September and August In the 12 months to November total growth came in at 3 8 per cent a slight increase on the 3 5 per cent rise in the year to October Commonwealth Bank senior economist Michael Workman said record low interest rates were not having the desired affect on spending It s not just about interest rate levels In our view moderate credit growth indicates that consumers and businesses remain cautious about increasing leverage because of uncertainty over job security and profitability he said To be fair the consumer and business confidence surveys are gradually improving Better news on jobs and the growth outlook are required Housing credit went up 0 5 per cent in November and rose 5 1 per cent over the year to November Mr Workman said firm growth in home lending is being offset by relatively high repayment rates Mortgage payers have been reluctant to reduce their repayments in line with lower mortgage rates over the past two years he said Some recent RBA research has indicated that households appear to have used about two thirds of the savings from lower interest rates to repay debt In some respects it negates the effectiveness of monetary policy While housing lending has responded to lower interest rates some of the more interest rate sensitive areas of the economy like non mining business investment remain subdued The seasonally adjusted figures were reported in the RBA s financial aggregates for November Print this page Related articles 13 Jan Abbott to pursue red tape cuts 10 Jan Unemployment coming to a suburb near you 10 Jan Robb casts doubt on handouts 10 Jan Alcoa gives up on aid report 09 Jan A fast to follow the spending binge More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments

    Original URL path: http://www.businessspectator.com.au/news/2013/12/31/australian-news/private-sector-credit-rises-november (2014-01-12)
    Open archived version from archive

  • Boxing Day sales start early | Business Spectator
    than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Boxing Day sales start early 20 Dec 2013 1 11 AM Industries Retail Economy Australian News Retailers begin discounting before Christmas on soft demand report You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Boxing Day sales have already started at some stores as retailers look to lure customers in the Christmas rush according to The Australian Financial Review The report suggests the big two department stores David Jones and Myer have joined several specialty stores in starting discounting programs though Myer insists its discounting is similar to previous years David Jones hinted to the paper that it is offering more deals than usual while Cue Clothing boss David Kesby said price competition had become fierce Everyone is having their Boxing Day sale now it s putting pressure on everyone not to miss out Mr Kesby said The news comes despite a Commonwealth Bank of Australia survey showing spending had risen for the 15ht consecutive month Print this page Related articles 10 Jan Britain s Christmas ghost of retail future 09 Jan Retail sales beat forecasts in Nov 08 Jan Online sales push towards 15bn 07 Jan Ikea abandons sales target 06 Jan Westfield split a hard sell report

    Original URL path: http://www.businessspectator.com.au/news/2013/12/20/retail/boxing-day-sales-start-early (2014-01-12)
    Open archived version from archive

  • Hockey names financial inquiry panel | Business Spectator
    Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Hockey names financial inquiry panel 20 Dec 2013 12 37 AM 4 Industries Financial Services Economy Australian News Treasurer says Craig Dunn Brian McNamee set to join chair David Murray You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP The outgoing chief of AMP and former boss of CSL have been appointed by the federal government to a panel inquiring into Australia s financial system Treasurer Joe Hockey announced on Friday the four member panel to assist inquiry chair David Murray who are charged with reporting back to government on how to make the country s financial system more competitive and flexible AMP chief executive and managing director Craig Dunn and former CSL chief Brian McNamee head the list of appointees which also include Melbourne University Professor of Finance Kevin Davis and Carolyn Hewson who sits on the board of BHP Billiton Stockland and BT Investment Management The promised international advisory panel would be announced early in the new year Mr Hockey said The treasurer also released the final terms of reference for the inquiry saying there were only minor changes to the draft terms published in November The next step for the inquiry will be to receive submissions in line with the terms of reference Mr Hockey said Submissions will open in early January and close at the end of March The Financial System Inquiry will provide an interim report by mid 2014 and a final report in November Print this page Related articles 13 Jan Abbott to pursue red tape cuts 10 Jan Unemployment coming to a suburb near you 10 Jan Robb casts doubt on handouts 10 Jan Alcoa gives up on aid report 09 Jan A fast to follow the spending binge More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Silvano Porcaro Fri 2013 12 20 08 32 Whilst I understand the need for the panel to be thorough 12 months until the final report is published seems a long time Effectively it means that there will be little or no changes during this term of government due to the electoral cycle You can be sure that a key recommendation will be the broadening of the base and hike in rate for GST The case will be made and the coalition will go to the polls seeking a mandate for the change

    Original URL path: http://www.businessspectator.com.au/news/2013/12/20/australian-news/hockey-names-financial-inquiry-panel (2014-01-12)
    Open archived version from archive

  • Spending rises for 15th month: CBA | Business Spectator
    a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Spending rises for 15th month CBA 20 Dec 2013 12 34 AM 4 Economy Australian News Long streak in spending gains annual growth near pre crisis levels You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Spending by consumers businesses and government rose 0 5 per cent in trend terms in November the 15th consecutive month of growth The latest Commonwealth Bank Business Sales Indicator showed annual spending growth was returning to pre global financial crisis levels In seasonally adjusted terms described by CBA as being more volatile spending increased by 0 2 per cent in November following a 4 1 per cent rise in October The report s author CommSec chief economist Craig James said consumers had become more cautious in November but the outlook remained positive November s slightly more modest spending growth preceded a dip in consumer confidence in December with confidence levels easing from a multi year high Mr James said Consumers have been worried by job losses across various industries higher petrol prices a weaker Aussie dollar and a more subdued share market Nevertheless the signs are generally positive Interest rates remain low lending has increased and a lower Australian dollar was good news for the economy overall Mr James said The BSI tracks debit and credit card transactions at CBA s point of sales terminals Print this page Related articles 13 Jan Abbott to pursue red tape cuts 10 Jan Unemployment coming to a suburb near you 10 Jan Robb casts doubt on handouts 10 Jan Alcoa gives up on aid report 09 Jan A fast to follow the spending binge More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments

    Original URL path: http://www.businessspectator.com.au/news/2013/12/20/australian-news/spending-rises-15th-month-cba (2014-01-12)
    Open archived version from archive

  • Australian News | Business Spectator
    A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Australian News End of the road for good money after bad The government was right not to bow to pressure to throw even more taxpayer funds at General Motors and instead direct the 100 million manufacturing industry package toward generating new and competitive activity by Stephen Bartholomeusz 5 54pm December 19 48 comments Nov Westpac MI leading index slips Index showing likely future pace of economic activity falls slightly in month 11 16am December 18 1 comment MPs to quiz RBA on economy Committee to receive economic update from RBA governor Glenn Stevens 5 42am December 18 1 comment Nov inflation lifts TD MI Inflation gauge shows a slight lift in the month but rate within RBA target 9 51am December 17 Australia s broken economic policy toolkit Traditional stimulus measures are failing to kick start the Australian economy Growth now hinges on the success of the Coalition s plan to cut red tape and boost small business by Robert Gottliebsen 7 06am December 17 56 comments MYEFO to flag 120bn of deficits Treasurer Joe Hockey set to outline four years of deficits spending cuts ahead 3 15am December 17 13 comments Super has strong 2013 report Super funds on track for biggest result since 2009 but there are signs of weakness 4 33am December 16 Coal mines could be mothballed Study finds shifting China demands may hurt coal mining sector 12 30am December 16 10 comments More than high dollar to blame for Holden exit Stevens RBA governor maintains currency too high says US85c a more natural level 8 26am December 13 15 comments Holden wanted extra 80m report Govt reportedly flinched at Oct request for extra 80m a year 3 41am December 13 23 comments Aust Christmas spend to top 18bn This weekend expected to be busiest for retailers shopping numbers likely to beat 2012 12 14am December 13 1 comment Shift manufacturing focus Turnbull Senior minister says it s time for country to focus on high tech manufacturing 11 33pm December 12 9 comments Dollar float good for Aust Keating Former PM says floating the currency 30 years ago was the right call 2 54pm December 12 Unemployment rate rises in November Australian Bureau of Statistics data shows an increase in the jobless rate in line with expectations participation rate holds steady 11 32am December 12

    Original URL path: http://www.businessspectator.com.au/economy/australian-news?page=1 (2014-01-12)
    Open archived version from archive

  • Australian News | Business Spectator
    again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Australian News Abbott to pursue red tape cuts PM to start process of slashing red tape with repeal day on March 19 report 4 36am January 13 1 comment Unemployment coming to a suburb near you With unemployment tipped to rise this year some Australian communities will be hit particularly hard including areas not usually associated with social disadvantage by Bill Mitchell by Scott Baum 8 03am January 10 96 comments Robb casts doubt on handouts Trade minister suggests company requests for funds may be met with deaf ear report 7 15am January 10 12 comments Alcoa gives up on aid report Firm won t seek govt funds for Point Henry smelter risk of closure rises 12 41am January 10 1 comment A fast to follow the spending binge The recent surge in retail sales makes the outlook brighter for employment but don t be surprised if it s just a temporary spike Spending growth could slow to 2 per cent in 2014 as households become more not less cautious by Callam Pickering 2 56pm January 09 13 comments MP stirs pot on SPC aid Sharman Stone hopes economic interest considered not just dogma 8 08am January 09 1 comment BCA plans new economic indicator Business Council of Australia Rio Tinto plan to develop Australian PMI 6 12am January 09 Business targets minimum wage Business groups pushing for modest or deferred increase to minimum wage report 5 48am January 09 3 comments Gas supply fears overhyped Little Envestra boss Ian Little suggests crisis talk is over the top report 5 03am January 09 2 comments Super funds chase asset sales Large super funds look to accelerate pace of govt privatisations report 3 42am January 09 8 comments Industry funds lead as super improves Figures show super fund members had their best year since 2007 in FY13 4 00pm January 08 Govts stare down 64bn windfall Infrastructure Australia analysis shows earnings potential of asset sales report 6 13am January 08 36 comments Homeowners lock in rates Data show borrowers keen on fixed rates as cash rate sits at record low 1 30am January 07 1 comment Business optimism at one year high Survey finds majority of businesses confident of higher growth in 2014 1 03am January 07 7 comments Sydney to avoid house bubble Price growth seen moderating recovery in new dwelling construction report 7 05am January 06 8 comments

    Original URL path: http://www.businessspectator.com.au/economy/australian-news?destination=taxonomy/term/2959 (2014-01-12)
    Open archived version from archive

  • Greece unemployment rate lifts | Business Spectator
    app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Greece unemployment rate lifts 9 Jan 11 39 PM Economy Global News European Crisis Jobless rate now at 27 8 per cent no sign of recovery You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Dow Jones Newswires Greece s rate of unemployment continued to rise in October data showed Thursday offering little hope the region s longest postwar recession will end soon Seasonally adjusted unemployment rate in bailed out Greece rose to 27 8 per cent in October while the index was revised upwards to 27 7 per cent in September data released Thursday by the Greek statistical agency Elstat showed In October last year the rate was 26 1 per cent The reading is more than twice the average level of unemployment in the euro zone which was 12 1 per cent in October Youth unemployment showed rose further up with data showing that 57 9 per cent of young people below the age of 25 are unemployed compared with 56 per cent in the corresponding period in 2012 Greece is grappling with the sixth year of a deep recession which has caused a slump in economic output and sent unemployment to record highs In December Greece s parliament approved the government s 2014 budget which shows that the country expects a primary surplus of 812 million 982 million for 2013 double the government s own forecasts from two months ago This was Greece s first in a decade strengthening Athens s hand in negotiations with

    Original URL path: http://www.businessspectator.com.au/news/2014/1/9/european-crisis/greece-unemployment-rate-lifts (2014-01-12)
    Open archived version from archive