NorgdomBusiness
One reason we're about to get a budget deficit
1pointsTHE Prime Minister has stepped up his defence of a budget deficit as new figures suggest that Victoria is holding back the national economy.
Qantas aborts mainline services to offset slump
1pointsQANTAS is cutting flights to the US, Britain and at least one Asian destination. The flying kangaroo is moving to offset an expected 64 per cent slump in pre-tax profit amid falling international passenger demand.
Investors lose $850bn in bear market
1pointsTHE value of the Australian share market has halved after a year-long slide, wiping $850bn off its value, with more losses are expected today after another plunge on Wall Street.
CEO Jerry Yang steps down from Yahoo!
1pointsOn Nov 17th 2008, Jerry Yang stepped down as CEO of Yahoo!
BHP quick to begin mining uranium in WA
1pointsBHP Billiton has wasted no time announcing plans to mine uranium in WA after Premier Colin Barnett formally lifted a ban on Monday.
Realestatewa.com.au - WA's local realestate portal
1pointsReal Estate WA has announced the long-awaited launch of their brand new website – realestatewa.com.au. Real Estate WA realised that there is a need for a website that is specifically Western Australian based.
John B. Fairfax takes a $300m hit on shares
1pointsA MOVE this year by John B.Fairfax to cement his influence over the company that bears his name has seen him take a hit of at least $300 million to his personal fortune.
Opposition not against ABC Learning bailout
1pointsFEDERAL Opposition Leader Malcolm Turnbull says he wants to know what plans the Rudd Government has for ABC Learning beyond its commitment to keep the troubled childcare giant's centres open until the end of the year.
News Corp Posts Disappointing Financial Results
1pointsThere's no escaping it: News Corp had a rough quarter. Rupert Murdoch thinks times will be tough for a while, too. But even as the media giant posted some bad numbers, it turned out that at least a couple of its online properties are working well.
Google withdraws from Yahoo deal
1pointsGOOGLE has backed out its advertising agreement with Yahoo, as the Department of Justice notified the search giant that it planned to file a lawsuit to block the deal.
Sustainable Ethical Investment Fund Floats on ASX
1pointsGreenedge Ethical Investments is a recently floated Investment fund set up for the purposes of raising funds to invest in fully sustainable, ethical eco developments around Australia. Greenedge Ethical is set to become a market leader in providing...
James Packer set to leave PBL
1pointsJAMES Packer is expected to end his family's half-century assocation with the Nine television network by stepping down from the board of its parent company PBL Media.
Yahoo confirms 10% layoffs by Christmas
1pointsYahoo hasn’t done overly well when it released its figures to the public. Their net profit for Q3 2008 was US$54 million down from US$151 million for the same period in 2007. Jerry Yang confirms layoffs to be done before holidays.
Get Rid of the Performance Review!
1pointsThe alleged primary purpose of performance reviews is to enlighten subordinates about what they should be doing better or differently. But it destroys morale, kills teamwork and hurts the bottom line. And that's just for starters.
RBA's Stevens warns on bank guarantee distortions
1pointsReserve Bank of Australia Governor Glenn Stevens has warned the government that its move to guarantee bank deposits is creating serious dislocations in the financial system and must be changed, the Australian newspaper reported.
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