Tag: finance
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Deutsche Bank pays $9.5 billion for contributing to GFC
Deutsche Bank this week reached a final settlement with the US Justice Department over their handling of mortgage-backed securities prior to 2008. The bank agreed to pay $9.5 billion (or US$7.2 billion) and admitted to misleading investors. Deutsche Bank admitted to misleading customers about the loans underlying the securities, including falsely claiming that loans had been…
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WATCH: “Becoming Warren Buffett” trailer
Warren Buffett is a household name as one of the world’s most successful and respected billionaires, yet he has got another achievement to add to his already very lengthy list. ON 30 January, HBO will air a documentary on the legendary investor. The documentary, “Becoming Warren Buffett”, will tell the story of Buffett’s life mostly…
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Petrol prices soar
Petrol prices are soaring throughout Australia, with reported rises of as much as 20 cents a litre in some areas. It is expected that $1.40 per litre for unleaded petrol will be the benchmark for this month. Figures from the Australian Institute for Petroleum show that the national average price rose 2.2 cents this past…
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Hopeful market as AUD and ASX rise
Australian traders will be feeling positive this morning as the Australian dollar climbs in early trade. The AUD now buys 0.7437 US cents, which represents a 0.09% increase on Friday’s closing price. The stronger performance of Australia’s key export commodities has helped to augment this rise, in particular iron ore. This week Australia’s largest export…
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Major changes to IVF in China welcomed with open arms
After eradicating it’s backward One Child policy in October 2015, China has opened up opportunities for those wishing to undergo IVF treatment. For a country that has historically enforced strict guidelines particularly in Beijing; this is the first time in history that people have been able to select the gender of their baby; spend less time in…
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Claiming Tax deductions correctly to the ATO
It’s that time of year again when people will be claiming usage on mobile phones, for petrol, work related travel expenses etc. In the past, there have been claims inappropriately added for ATO. Many have claimed broadband, phone and travel usage when it was in fact for personal use only. Most claim 90% as work related…
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Domino’s Pizza Delivers Increased Profits
This morning, Domino’s Pizza Enterprises has lifted its full-year earnings targets after posting record profit gains with half-year earnings rising more than 50 per cent. The pizza company delivered a net profit of $43.3 million in the first half of fiscal 2016, up 56.7 per cent from the $29.1 million recorded last year. They have…
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5 Hot Jobs in 2016
Time for a career change? Here are five hot jobs in 2016 you might just want to look into. 1. Financial Advisor A financial advisor meets with clients to discuss and provide advice on how to manage their money in the most profitable and secure way. They earn an average of $67,266 per year (Payscale)…