Credit markets are tightening due to Europe worries, says ANZ chief executive
ANZ’s chief executive Mike Smith says credit markets are beginning to close as worries deepen about Greece and Europe’s debt crisis. Click Here for the Full Article
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Investors braced for more stock market falls amid growing turmoil in Europe
About $121 billion has been wiped from the Australian sharemarket since early May, with analysts predicting more falls are on the way. Click Here for the Full Article
Analysts expect flat Myer sales result
Analysts expect Myer to post a fairly flat third quarter sales result next week as the department store chain continues to revamp its struggling business. Click Here for the Full Article
Spanish bank woes send Aussie dollar to a six month low
The Australian dollar has fallen to tis lowest level in almost six months as fears of a worsening European debt crisis hit global confidence
ResMed to start paying dividends next financial year
Sleep disorder equipment maker ResMed says it will begin paying dividends to shareholders from the 2012/13 financial year. Click Here for the Full Article
Paladin’s Malawi mine back on line after strike action
Uranium miner Paladin Energy’s Malawi operations are back at full production after a strike by local workers. Click Here for the Full Article