Business
Invest in your favorite bands
1pointsA new business model allows fans to invest financially in their favorite bands beyond simply buying CDs. As well as the CD, investors will be credited in the liner notes, get priority for event tickets, and receive a share of profits.
Fairfax Media to cut 550 jobs
1pointsFairfax Media will axe 550 staff in Australia and New Zealand, or about 5% of the company's total, as part of a plan to bolster profitability.
Fears rise that Australia's resources boom ending
1points
Fears are growing that the commodities boom is ending a...
Car jobs at risk
1pointsMore car jobs are expected to be lost after a Federal Government-commissioned report on the industry recommended import tariffs be halved by 2010, ignoring the pleas of the nation's auto makers to delay the move.
Dollar firms despite rate cut talk
1pointsHE Australian dollar was firmer at noon as an improvement in key commodity prices helped the currency recover from a choppy morning session.
Gillard warns Telstra over pay dispute
1pointsTHE Workplace Ombudsman could intervene in a pay dispute between Telstra and trade unions, the Federal Government has warned.
David Jones sales up despite tough times
1pointsUPMARKET retailer David Jones has upgraded its full year profit guidance after increasing its annual sales by 5.8 per cent.
Wages grow fastest in 11 years
1pointsAustralian wages growth unexpectedly accelerated in the second quarter at the fastest pace in 11 years, underlining the central bank's concern that rising salaries may stoke inflation
CBA posts $4.7bn profit, up 7pc
1pointsCOMMONWEALTH Bank has lifted its profit by 7 per cent and says volatility in financial markets i...
Markets not amusing!
1pointsToday's rally on global stock markets shows there is a lot of bull about this bear market.The commentators seem unable to get anything right. When they make predictions for the New Year it should be mandatory to own up to how last year's went.
Realestate.com.au forecloses on CEO
1pointsSimon Baker,who helped the original founders ofRealestate.com.au build a $480 million business as the CEO, has been given the axe.
Starbucks eats itself
1pointsWhy Starbucks has failed its promise in the US and why it has failed completely in Australia. How large companies can open up markets for small, agile competitors and lose connection with their customers.
Starbucks closes 61 shops, cuts 700 jobs
1pointsALMOST 700 employees of the coffee chain Starbucks will lose their jobs on Sunday after the company yesterday announced the closure of 61 of its 84 Australian stores.

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