Cyclone Yasi


THE NEWS WRAP: Australia set for negative economic growth in the March quarter

5:14AM | Tuesday, 31 May 2011 |  Australia is set for negative economic growth in the March quarter following a surprise fall in company profits.

Consumers ultra-conservative despite growth

3:32PM | Tuesday, 15 March 2011 |  Consumers have continued their caution in spending and borrowing, despite strong growth in national income, according to the Reserve Bank of Australia.

Retailers face slow recovery: Report

3:46PM | Wednesday, 9 March 2011 |  A new report shows retail sales are expected to continue to track slowly in the first half of 2011 but businesses can anticipate better conditions from mid-2011 onwards.

Retail sales set to pick up in 2011

2:17PM | Friday, 18 February 2011 |  Economists have predicted an upturn in consumer spending despite a key indicator of retail sales recording its 13th consecutive monthly fall in January.

Queensland small firms set for $500m assistance

2:00PM | Thursday, 10 February 2011 |  A Gold Coast-based niche funds manager has established an investment vehicle to raise $500 million from APRA superannuation funds to assist Queensland SMEs affected by floods and Cyclone Yasi.

Wage pressure rises as job market tightens

2:28PM | Tuesday, 8 February 2011 |  Employers are facing increasing wage pressure in light of the latest Dun & Bradstreet Business Expectations survey, which shows employment expectations are at their highest level in more than seven years.

THE NEWS WRAP: The major banks are expected to unveil profit growth this week

2:09AM | Monday, 7 February 2011 |  The major banks are expected to unveil profit growth this week, despite six months of falling lending to small businesses.

Cyclone Yasi set to force further budget cuts

2:41PM | Friday, 4 February 2011 |  Cyclone Yasi has left a $1 billion damage bill for the state’s agricultural industries, with Prime Minister Julia Gillard warning of further budget cuts to fund the recovery effort.

Cyclone Yasi set to push up insurance premiums

2:29PM | Thursday, 3 February 2011 |  Analysts say the financial impact of Cyclone Yasi on an already embattled Queensland will be severe and long lasting, with insurance premiums set to be immediately affected.

THE NEWS WRAP: Cyclone Yasi hits north Queensland

2:11AM | Thursday, 3 February 2011 |  Mission Beach and Tully expected to be worst hit, with banana and sugar prices set to soar.