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More Car Industry Problems
So what will the world car industry look like by Christmas?
Read MoreHVN Sales Still Falling
Harvey Norman is the country’s leading furniture, consumer entertainment and IT retailer and it reported a worsening in its sales in the week to Sunday.
Read MoreWattyl To Cut Deeper As Sales Fall
The building slump continues to take a toll on Sydney-based paint maker, Wattyl Ltd which said yesterday it will significantly expand its cost cutting program to try to offset falling revenue and earnings.
Read MoreDiary: CPI
Yes, we’ve got a lot here this week to watch out for:
Read MoreRecession On The Doorstep, Knocking
Guess what?
Read MoreBoost For Aussie Economy
Two days after calming any concerns about the banks and financial institutions with a blanket guarantee and backing for the banks’ offshore wholesale borrowings, the Federal Government has revealed a $10.4 billion injection into the Australian economy.
Read MoreConflicting Retail Stories From JBH & HVN
For the second time in a week electronics retailer JB Hi-Fi has maintained its guidance for fiscal 2009 sales to grow by 28%, despite a "challenging" retail environment that the company expects will lead to further industry rationalisation.
Read MoreChina Still On Track
For the moment at least, China’s exporters have defied slumping US and European economies as the annual Christmas supply period ramps up.
Read MoreUS Bank Bailouts Detailed
We saw the final shape of the global bank bail-out and guarantee program overnight, our time, with the Bush Administration revealing a $US250 billion first stage to inject capital into sound, but needy groups and to guarantee some bank debt for three years.
Read MoreMixed Responses Top Earnings Forecasts From BSL & CPB
Steelmaker, BlueScope Steel, has forecast a strong first half this financial year but warned the turmoil in financial markets may affect future demand.
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