In order to compete with Three and Optus, Vodafone has launched a new prepaid 3G wireless broadband service. The announcement will mean Vodafone’s 3G coverage will now reach 80 per cent of the Australian population. Helen Tuffy, head of consumer data, Vodafone Australia said the service is for customers wanting prepaid services and wireless internet. […]
The Reserve Bank is expected to leave interest rates unchanged at its board meeting tomorrow, despite the deepening recession. Economists have predicted that interest rates will remain at three percent, given that they are already at a 49-year low. Despite the view that official rates may fall as low as two percent by the end […]
Westfield’s quarterly financial report has provided an insight into the thriving sectors of the retail industry, which include cafes and takeaway food outlets. The report was taken of all shops/outlets contained within Westfield centres, and revealed that cafes and takeaway food outlets in Westfield centres, footwear retailers, jewellery retailers and cinemas have enjoyed a surge […]
In light of the financial crisis, Treasurer Wayne Swan has urged banking executives to take a pay cut, in order to win back the trust of the Australian people. Macquarie Bank chief executive Nicholas Moore has today taken a massive 99 per cent pay cut after the bank posted a hefty fall in profit. The […]
ANZ has today announced it’s latest round of free small business workshops in every capital city, in order to help business owners manage and grow their business during the economic downturn. The workshops follow on from ANZ’s $8 billion commitment to small business lending. Industry experts will be on hand to answer any questions posed […]
Cyber criminals are exploiting the global panic created over the swine flu pandemic by selling fake drugs and harvesting credit card numbers. Security experts F-Secure have complied a list of 146 swine flu-related websites that have been registered over the past couple of days that pose a possible security risk. Some of these sites are […]
The COAG yesterday signed off on a plan to have 20 percent of Australia’s electricity generated from renewable sources by 2020. Under the Renewable Energy Target (RET) plan, households and some businesses will have to pay for their renewable energy boost through higher electricity prices. However trade-exposed industries will not have to pay, which has […]
The news keeps getting better and better for first home buyers and investors, as the property market shows resilience in the face of a tough economic climate. Research conducted by The Housing Industry Association (HIA) found that new home sales increased by 4.2 percent to 8,210 in March aided by more affordable property prices. Australian […]
Anyone under 25 is being encouraged to either choose to work or study in a new ‘earn or learn’ scheme implemented by the Government in yesterday’s COAG (The Council of Australian Governments) meeting in Hobart. In order to combat high unemployment among youth, the COAG agreed that people under 20 must be studying or training […]
In order to help businesses protect themselves and their staff from swine flu, the Government have developed a small business kit including a range of tools to help businesses prepare for a human influenza pandemic.
