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This tag is associated with 8 posts

Chinese companies claim they are ‘treated unfairly’ by Australia


China‘s state-owned companies may be deterred from investing in Australia because they are being treated unfairly, a Chinese business leader says. Chairman of the China Chamber of Commerce in Australia, Hu Shanjun, said Australia was still a popular place for Chinese groups to invest, but that could change. Mr Hu, who also heads the Bank … Continue reading

Australia services sector contracts on consumer caution


Australia’s services sector continued to contract in December even after the central bank lowered interest rates at the start of month, a performance gauge by an industry group published Friday showed. The Australian Industry Group-Commonwealth Bank Performance of Services Index fell 3.9 points in December from a month earlier to 43.2 points–well below the 50-point … Continue reading

Australian stocks surge to 19-month high as US fiscal cliff averted


THE sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world’s biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at a 19-month high of 4705.9, also after better Chinese manufacturing data helped lift commodity … Continue reading

July 10 2012 China Daily Mail Headlines (July 5-10)


China number two on Fortune 500 list Posted by China Daily Mail ⋅ July 10, 2012 ⋅ 2 Comments Two years after eclipsing Japan as the world’s second-largest economy, China on Monday stole the number-two spot on the Fortune 500 list of the biggest global companies from its Asian rival. In its annual revenue rankings, Fortune … Continue reading

May 28 2012 China Daily Mail Headlines


China’s energy investment only for the brave Posted by China Daily Mail ⋅ May 28, 2012 ⋅ 1 Comment Private investors with the money and technology to unlock China’s vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector. China, the world’s largest energy user, signalled … Continue reading

Expert Panel’s Broadband Report (2009)


The Minister for Broadband, Communications and Digital Economy, Senator Stephen Conroy today announced that the final report from the Panel of Experts on submissions to the National Broadband Network process has been received. The Minister stated that the receipt of this report marks a significant milestone in the NBN process: “The Government is now considering … Continue reading

Tax On Diesel (2008)


There has been much debate recently about tax on diesel.  This tax was introduced to fund the infrastructure for natural gas, but this infrastructure has never happened.  So the question arises: why do we still pay the tax. When diesel first became popular, it was because it was cheaper.  It was cheaper, because it is … Continue reading

Westpac and National Home Interest Rates Rise (2008)


Westpac have raised their interest rates yet again.  The Sydney Morning Herald reported that the bank had raised its rate to 9.37%, following the National bank’s rise to 9.36% on Wednesday. The fact that they went higher than the National seems to be an invitation for the other major banks to get on the bandwagon … Continue reading

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