Posts Tagged ‘Australia’

Bad maps reason for lack of insurance

ONE of Australia’s biggest insurers says many people affected by floods in southeast Queensland this year were refused insurance cover because of poor mapping. View full post on Business Stories

Brown-Forman Beats Profit Estimates In Q2, Raises Forecast

Kris Alingod – AHN News Contributor Louiseville, KY, United States (AHN) – Brown-Forman posted second quarter earnings on Thursday, beating profit estimates but falling short of expected revenue. The liquor maker raised its outlook for the full fiscal year. Net income for the period ended Oct. 31 rose 5 percent to $154 million, or $1.05 […]

Merger of Australia, Singapore Stock Exchanges Planned

Lawrence Mijares – AHN News Contributor Sydney, Australia (AHN) – Singapore’s stock exchange is poised to take over its counterpart, the Australian Securities Exchange (ASX), forming a US$13.8 billion alliance, through a US$6 billion bid by Singapore to be announced Monday, according to media reports. Commenting on the reported merger, a spokesman for the Australian […]

Israel’s Housing Prices Jumping Through the Roof

The Media Line Staff Tel Aviv, Israel (TML) – Housing prices in Israel are the fastest increasing in the world, says one industry watchdog. The cost of real estate has risen by 30 percent since September 2008 according to Bank of Israel Governor Stanley Fisher. Young couples and everyday Israelis are finding it harder to […]

Aussie Job Boom Sends Immigration Warning

Australia’s surging job market, capping its strongest quarter since 2006, signals the government may need to retreat from a campaign pledge to slow population growth as the central bank tries to control inflation. View full post on Finance Stories