Noosa Money, Business and Property | Business News for Noosa, Australia

Virgin Money headquarters for Sydney

VIRGIN Money, the UK-based financial services giant, has selected Sydney for its new Australian headquarters.

Bankers agree on new standards

THE world's top central bankers have reached agreement on new standards to make sure the banking system could face any new financial crisis with confidence.

Inflation data key to rates, RBA

THE RBA is waiting for key inflation data before it decides what to do with its benchmark interest rate next month, the minutes of its July board meeting show.

Leak containment buoys BP shares

SHARES in BP shot higher and then retreated in London over encouraging early signs of progress in stopping the Gulf of Mexico oil leak.

Talk of double dip recession a mistake

INVESTORS are suffering from unfounded anxiety - or "armageddon hypochondria" - if they think the global economy is headed for a double dip recession.

Govt doing all it can, Swan says

THE Federal Government is doing everything it can to ease the inflationary pressures that may lead to another hike in interest rates, Treasurer Wayne Swan says.

Financial advice makes you happier: AFA

PEOPLE who have a financial plan are happier about their finances and don't mind paying for the planning involved, research shows.

$123m wagered on World Cup 2010

TABCORP Holdings Ltd says $123 million was wagered on the soccer World Cup with TAB Sportsbet.
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Credit card transactions $19.6b in May

THE total value of credit and charge card transactions, including advances, was $19.631 billion in May, according to data released by the RBA on Monday.

Albanese says Rio gearing up again

RIO Tinto Ltd says it is looking to expand its activities again in the wake of the Federal Government's switch to a resource rent tax for the mining industry.