Investment banker wants carbon tax to stay
Federal Opposition Leader Tony Abbott’s plan to roll back the carbon tax will put the budget’s bottom line under pressure, an investment banker says. MH Carnegie & Co founder Mark Carnegie said there was immense confusion about what Mr Abbott was going to do if he became prime minister, especially with the carbon tax. “He…
The End Of The Third Industrial Revolution
Are we facing the end of the third industrial revolution and the beginning of a new transition? Wim Grommen’s paper titled ‘The Economic Crisis: Time For A Paradigm Shift’ describes the three transitions – the Neolithic, the first industrial revolution, the second industrial revolution and the third. He argues that today humanity is being confronted…
Stocks to watch at noon on Friday
Stocks to watch on the Australian stock exchange at noon on Friday: ANZ – ANZ BANKING GROUP LTD – up 25 cents, or 1.18 per cent, at $21.45 ANZ’s first quarter profit has risen to $1.48 billion due to good results in its offshore operations. APN – APN NEWS & MEDIA LTD – up one…
Stocks to watch at noon on Monday
Stocks to watch on the Australian stock exchange at noon on Monday: ADD – ARDENT LEISURE GROUP – down one cent, at $1.035 Queensland’s embattled tourism industry can ill afford a transport strike, says Premier Anna Bligh. BOW – BOW ENERGY LTD – up 1.5 cents, or 1.03 per cent, at $1.475 BOW says it…
Setting Up A Watchlist
What progress have watchlists made! From the yellow pad and end-of-day newspaper quotes to instantaneous online watchlists that transverse a multitude of search criteria: sectors, market capitalization, growth, moving averages or trading volume. All this could be at your fingertips, for free, in just few seconds. For decades, stocks have been the most popular investment…
Economy ready to fire, experts say
The first anniversary of the onslaught of the global financial and economic crisis has been marked by a run of positive economic leads suggesting Australia will be the first stgeloped country to emerge from the downturn. Private sector surveys for August are pointing to an economy that will soon be “firing on all cylinders”, increasing…
