Australia and New Zealand

http://www.crikey.com.au/2013/05/22/no-news-ltd-rbas-rate-cut-had-nothing-to-do-with-the-dollar/ No, News Ltd, RBA’s rate cut had nothing to do with the dollar Glenn Dyer | May 22, 2013 11:57AM News Ltd columnists were quick to proclaim that the RBA had cut rates to combat the high Aussie dollar. Turns out, that was a crock — but where are their heartfelt apologies? The minutes of Reserve… Continue Reading

http://www.stuff.co.nz/business/industries/8703685/Auckland-has-lowest-home-ownership Auckland has lowest home ownership CATHERINE HARRIS | 22 MAY 2013   Auckland has the country’s lowest city home-ownership rate, and it could drop further as young people’s attitudes change towards owning a home, a new survey says. An annual “state of the nation” report from research group Roy Morgan shows rapid population growth,… Continue Reading

http://www.crikey.com.au/2013/05/22/ihype-dont-believe-what-you-read-on-comparison-site-float/ iHype: don’t believe what you read on comparison site float Adam Schwab | May 22, 2013 11:02AM iSelect has dominated the Australian market and is a tasty prospect for stockmarket players. But don’t believe all of the hype you’re reading in the nation’s financial daily. When former Fairfax journalist Paddy Manning criticised The Australian… Continue Reading

http://www.smartcompany.com.au/property/055665-nathan-tinkler-starts-selling-off-australian-properties.html?utm_source=SmartCompany&utm_campaign=6236ab37f5-Wednesday_22_May_201322_05_2013&utm_medium=email&utm_term=0_234118efee-6236ab37f5-93735706 Nathan Tinkler starts selling off Australian properties Wednesday, 22 May 2013 11:43 | Patrick Stafford Troubled billionaire Nathan Tinkler has begun the sale of his Australian property empire with a multimillion dollar mansion in the Brisbane suburb of Pullenvale hoping to fetch some much-needed cash. The sale comes as Tinkler continues to face significant… Continue Reading

http://www.smartcompany.com.au/manufacturing/055663-steel-manufacturer-with-6-million-turnover-collapses.html?utm_source=SmartCompany&utm_campaign=6236ab37f5-Wednesday_22_May_201322_05_2013&utm_medium=email&utm_term=0_234118efee-6236ab37f5-93735706 Steel manufacturer with $6 million turnover collapses Wednesday, 22 May 2013 11:38 | Cara Waters Steel manufacturer DTD Engineering has entered administration this week putting at risk the jobs of its 50 full-time employees. DTD Engineering was established in 1980 and is based in Albury. The business is a major supplier of stainless and… Continue Reading

http://www.smartcompany.com.au/cashflow/055670-warning-small-business-to-be-hit-by-triple-whammy-of-increased-costs-on-july-1.html?utm_source=SmartCompany&utm_campaign=6236ab37f5-Wednesday_22_May_201322_05_2013&utm_medium=email&utm_term=0_234118efee-6236ab37f5-93735706 Warning, small business to be hit by “triple whammy” of increased costs on July 1 Wednesday, 22 May 2013 12:09 | Cara Waters Small business will be slammed by three cost increases in the new financial year: An increase in the minimum wage, another 0.25% rise in superannuation contributions and an increase in penalty… Continue Reading

http://www.theage.com.au/national/25m-fine-means-life-in-foreign-jail-20130521-2jz2d.html $25m fine ‘means life’ in foreign jail May 22, 2013 | Rick Feneley The scales of justice in Dubai are askew. Consider the case of Alicia Gali, an Australian drugged and raped by three fellow hotel employees in 2008. With four broken ribs, she reported the crime – and was promptly charged with having… Continue Reading

http://www.theage.com.au/business/glaxosmithkline-axes-120-jobs-at-tablet-plant-20130522-2jzsu.html GlaxoSmithKline axes 120 jobs at tablet plant Glenda Kwek | May 22, 2013 Pharmaceutical giant GlaxoSmithKline is axing 120 jobs from its Australian workforce after announcing plans to shut its tablet packaging business in Melbourne as part of a “business transformation”.The British firm said the job losses at Boronia, which employs 363 people, would… Continue Reading

http://print21.com.au/letter-from-america-rohan-holt-on-the-demise-of-australias-print-giants/59981 Letter from America – Rohan Holt on the demise of Australia’s print giants Wednesday, 15 May 2013 By Print21 Rohan Holt, the US-based Australian developer of the Metrix print job planning and imposition system, reflects on the collapse of Australia’s print titans and how it might have been avoided. As Holt flies back to… Continue Reading

http://print21.com.au/david-jupe-departs-blue-star-nz/60148 David Jupe departs Blue Star NZ Tuesday, 21 May 2013 By Leon Spencer David Jupe, Blue Star New Zealand’s chief executive officer, is leaving the company following its integration of GEON’s assets in the NZ market, citing a desire to take a ‘well deserved rest’. In a statement, Blue Star NZ said: “David Jupe… Continue Reading