australia market

australia financial crisis

Posted on June 15th, 2010 in aus, aussie dollar, australia financial crisis, australia financial crisis news, australia market, australia property news, Australia Stock Market, australia stocks, cent, micro cap, perth

A SERIAL blogger who last year predicted the financial crisis has become a cult figure online for his forecast.
Edward Karan proposed on September 19 real estate prices in Australia would fall 40 per cent over two years from the first quarter of 2008.
“It’s too late, the course is set, the market will crash, its [...]

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australia market news

Posted on May 13th, 2010 in aus, aussie dollar, australia market, australia market news, Australia Stock Market, australia stock market news, australia stockmarket, cent, micro cap, perth

Aussie Goldman clients may sue for $15m
GOLDMAN Sachs in Australia faces a potential $15 million lawsuit by former clients who have claimed the investment bank misrepresented complicated derivatives contracts that forced them to buy bluechip stocks at over-the-market odds.
Law firm Slater & Gordon said yesterday it was investigating allegations of misleading and deceptive conduct [...]

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australia stock market

Posted on May 12th, 2010 in aus, aussie dollar, australia investment, australia market, Australia Stock Market, australia stock market news, australia stockmarket, cent, micro cap, perth

Australia’s tax battle over resources ‘golden goose’
Australia’s proposed new tax on mining profits has prompted a fierce struggle between the industry and the government for the extraordinary riches of the Asia-led commodities boom, analysts said.
Prime Minister Kevin Rudd’s plans to impose a 40 percent levy on the so-called “super profits” of resources firms was met [...]

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australia property market

Posted on May 03rd, 2010 in aus, aussie dollar, australia market, australia property market, australia property market news, Australia Stock Market, cent, micro cap, perth

australia property market,australia property market news,Australia Stock Market
Forced sales hit property market
HOMEOWNERS coaxed into reinvesting the equity in their homes are facing bankruptcy as falling property values and rising interest rates stretch them beyond breaking point.
These duped mortgage-holders, many of them baby boomers preparing for retirement, are among an increasing number of people facing [...]

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