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    <title>Latest Finance</title>
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    <description>Latest Finance articles.</description>
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    <pubDate>Fri, 25 May 2012 14:35:03 GMT</pubDate>
    <item>
      <title>$A slightly lower on European sentiment</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/A_slightly_lower_on_European_sentiment_754033.html</link>
      <description>The Australian dollar is slightly lower, as  the market awaits clearer news on the euro zone debt crisis.</description>
      <pubDate>Fri, 25 May 2012 08:22:38 GMT</pubDate>
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    <item>
      <title>Aust stocks fall on Greece, China loans</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_fall_on_Greece_China_loans_754032.html</link>
      <description>The Australian share market relinquished early gains to close around 0.6 per cent lower.</description>
      <pubDate>Fri, 25 May 2012 08:21:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_fall_on_Greece_China_loans_754032.html</guid>
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      <title>Aust shares close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_shares_close_lower_754010.html</link>
      <description>Australian shares closed lower amid ongoing  concerns about Greece's place in the euro zone.</description>
      <pubDate>Fri, 25 May 2012 06:21:13 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_shares_close_lower_754010.html</guid>
    </item>
    <item>
      <title>CBA cuts rates on fixed rate mortgages</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/CBA_cuts_rates_on_fixed_rate_mortgages_753975.html</link>
      <description>Commonwealth Bank of Australia has cut interest rates on some fixed rate home loans by up to 0.4 per cent.</description>
      <pubDate>Fri, 25 May 2012 03:57:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/CBA_cuts_rates_on_fixed_rate_mortgages_753975.html</guid>
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    <item>
      <title>US dollar peaks amid Greece exit rumours</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/US_dollar_peaks_amid_Greece_exit_rumours_753968.html</link>
      <description>The USD has extended its gains against the euro as Europe struggles to contain Greece's debt crisis.</description>
      <pubDate>Fri, 25 May 2012 03:41:36 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/US_dollar_peaks_amid_Greece_exit_rumours_753968.html</guid>
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    <item>
      <title>Sims' shares dive after profit warning</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Sims_shares_dive_after_profit_warning_753966.html</link>
      <description>Shares in Sims Metal Management dived after the company warned of a weaker profit this financial year.</description>
      <pubDate>Fri, 25 May 2012 03:37:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Sims_shares_dive_after_profit_warning_753966.html</guid>
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    <item>
      <title>Earthmover forecasts profit growth</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Earthmover_forecasts_profit_growth_753965.html</link>
      <description>Earthmoving equipment supplier Emeco forecast full year profit growth of up to 41pc due to strong demand.</description>
      <pubDate>Fri, 25 May 2012 03:37:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Earthmover_forecasts_profit_growth_753965.html</guid>
    </item>
    <item>
      <title>Unions NSW to front WorkCover inquiry</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Unions_NSW_to_front_WorkCover_inquiry_753964.html</link>
      <description>Unions NSW will tell an inquiry the state government is exaggerating WorkCover's financial difficulties.</description>
      <pubDate>Fri, 25 May 2012 03:37:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Unions_NSW_to_front_WorkCover_inquiry_753964.html</guid>
    </item>
    <item>
      <title>Syria can't open US account to pay UN</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Syria_cant_open_US_account_to_pay_UN_753963.html</link>
      <description>Syria's UN ambassador says Syria can't pay its UN dues as US banks won't allow the country an account.</description>
      <pubDate>Fri, 25 May 2012 03:37:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Syria_cant_open_US_account_to_pay_UN_753963.html</guid>
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    <item>
      <title>Tower lifts first half profit 83pc</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Tower_lifts_first_half_profit_83pc_753962.html</link>
      <description>Tower boosted first-half profit 83pc after the costs associated with the Canterbury earthquakes.</description>
      <pubDate>Fri, 25 May 2012 03:37:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Tower_lifts_first_half_profit_83pc_753962.html</guid>
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    <item>
      <title>India pipe firm hit with steep dumping</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/India_pipe_firm_hit_with_steep_dumping_753961.html</link>
      <description>The US govt has hit a major Indian steel pipe exporter with anti-dumping duties of more than 48 per cent.</description>
      <pubDate>Fri, 25 May 2012 03:37:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/India_pipe_firm_hit_with_steep_dumping_753961.html</guid>
    </item>
    <item>
      <title>Citigroup to trim stake in Akbank</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Citigroup_to_trim_stake_in_Akbank_753960.html</link>
      <description>US banking giant Citigroup says it plans to cut its investment in Turkey's Akbank by half.</description>
      <pubDate>Fri, 25 May 2012 03:37:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Citigroup_to_trim_stake_in_Akbank_753960.html</guid>
    </item>
    <item>
      <title>GE invests $US300m in Brazil's EBX</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/GE_invests_US300m_in_Brazils_EBX_753959.html</link>
      <description>Brazilian mogul Eike Batista's Grupo EBX has announced a 'strategic accord' with General Electric Co.</description>
      <pubDate>Fri, 25 May 2012 03:37:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/GE_invests_US300m_in_Brazils_EBX_753959.html</guid>
    </item>
    <item>
      <title>Aust stocks lose early gains</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_lose_early_gains_753933.html</link>
      <description>The Australian share market has fallen into negative territory .</description>
      <pubDate>Fri, 25 May 2012 02:45:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_lose_early_gains_753933.html</guid>
    </item>
    <item>
      <title>Quicker Aust visas to lure rich migrants</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Quicker_Aust_visas_to_lure_rich_migrants_753911.html</link>
      <description>Wealthy businesspeople are to be offered quicker pathway to residency visas as part of a new govt scheme.</description>
      <pubDate>Fri, 25 May 2012 02:13:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Quicker_Aust_visas_to_lure_rich_migrants_753911.html</guid>
    </item>
    <item>
      <title>ECB's Draghi says EU in 'crucial moment'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/ECBs_Draghi_says_EU_in_crucial_moment_753923.html</link>
      <description>European Central Bank president Mario Draghi has stressed the importance of a growth pact.</description>
      <pubDate>Fri, 25 May 2012 01:53:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/ECBs_Draghi_says_EU_in_crucial_moment_753923.html</guid>
    </item>
    <item>
      <title>Crisis clouds gather over German economy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Crisis_clouds_gather_over_German_economy_753922.html</link>
      <description>Exports and consumer demand are cushioning Germany against recession, but crisis clouds are gathering.</description>
      <pubDate>Fri, 25 May 2012 01:52:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Crisis_clouds_gather_over_German_economy_753922.html</guid>
    </item>
    <item>
      <title>ASIO defends its 'glass palace'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/ASIO_defends_its_glass_palace_753921.html</link>
      <description>ASIO says its new headquarters in Canberra is not at risk of being spied upon, despite the glass structure.</description>
      <pubDate>Fri, 25 May 2012 01:52:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/ASIO_defends_its_glass_palace_753921.html</guid>
    </item>
    <item>
      <title>Hewlett-Packard to announce Aussie cuts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Hewlett-Packard_to_announce_Aussie_cuts_753920.html</link>
      <description>Thousands of Australian employees of Hewlett-Packard are waiting to hear if their jobs are safe.</description>
      <pubDate>Fri, 25 May 2012 01:52:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Hewlett-Packard_to_announce_Aussie_cuts_753920.html</guid>
    </item>
    <item>
      <title>PM says F&amp;P Applainces nearly went under</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/PM_says_F_and_P_Applainces_nearly_went_under_753919.html</link>
      <description>Fisher &amp; Paykel Appliances nearly went under after the global financial crisis, NZ PM John Key says.</description>
      <pubDate>Fri, 25 May 2012 01:52:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/PM_says_F_and_P_Applainces_nearly_went_under_753919.html</guid>
    </item>
    <item>
      <title>Vatican bank chief ousted</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Vatican_bank_chief_ousted_753918.html</link>
      <description>The Vatican says the head of its bank, who is being investigated in a money laundering case, was ousted.</description>
      <pubDate>Fri, 25 May 2012 01:52:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Vatican_bank_chief_ousted_753918.html</guid>
    </item>
    <item>
      <title>Airbus offers profits from wider seats</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Airbus_offers_profits_from_wider_seats_753917.html</link>
      <description>Airbus is offering US airlines buying its A320 passenger jet extra-wide seats for obese passengers.</description>
      <pubDate>Fri, 25 May 2012 01:52:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Airbus_offers_profits_from_wider_seats_753917.html</guid>
    </item>
    <item>
      <title>School bullies to suffer in job market</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/School_bullies_to_suffer_in_job_market_753916.html</link>
      <description>Schoolyard bullies might have trouble finding a job when they leave school under a new NSW scheme.</description>
      <pubDate>Fri, 25 May 2012 01:52:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/School_bullies_to_suffer_in_job_market_753916.html</guid>
    </item>
    <item>
      <title>Euro hit, stocks in technical bounce</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Euro_hit_stocks_in_technical_bounce_753915.html</link>
      <description>The euro hit near-two-year lows as European and US data offered little light and an EU summit failed.</description>
      <pubDate>Fri, 25 May 2012 01:52:38 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Euro_hit_stocks_in_technical_bounce_753915.html</guid>
    </item>
    <item>
      <title>Govt should intervene to stop job rot</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Govt_should_intervene_to_stop_job_rot_753914.html</link>
      <description>A union boss will ask the federal govt to intervene in a bid to stop mines and smelters from closing.</description>
      <pubDate>Fri, 25 May 2012 01:52:36 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Govt_should_intervene_to_stop_job_rot_753914.html</guid>
    </item>
    <item>
      <title>NSW WorkCover woes exaggerated, Unions</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/NSW_WorkCover_woes_exaggerated_Unions_753913.html</link>
      <description>UnionsNSW will tell a parliamentary inquiry that claims the WorkCover scheme is in crisis are a smokescreen.</description>
      <pubDate>Fri, 25 May 2012 01:52:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/NSW_WorkCover_woes_exaggerated_Unions_753913.html</guid>
    </item>
    <item>
      <title>Refund for some Facebook investors</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Refund_for_some_Facebook_investors_753912.html</link>
      <description>Facebook retail investors who overpaid when they bought the stocks will be compensated by Morgan Stanley.</description>
      <pubDate>Fri, 25 May 2012 01:52:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Refund_for_some_Facebook_investors_753912.html</guid>
    </item>
    <item>
      <title>Britain's recession deeper than expected</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Britains_recession_deeper_than_expected_753910.html</link>
      <description>Britain's recession is deeper than first thought, according to revised official first quarter figures.</description>
      <pubDate>Fri, 25 May 2012 01:52:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Britains_recession_deeper_than_expected_753910.html</guid>
    </item>
    <item>
      <title>Aust stocks higher on Monti comments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_higher_on_Monti_comments_753890.html</link>
      <description>The Aust share market has opened higher after the Italian PM said Greece was likely to stay in the Eurozone.</description>
      <pubDate>Fri, 25 May 2012 01:00:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_stocks_higher_on_Monti_comments_753890.html</guid>
    </item>
    <item>
      <title>Aust shares open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_shares_open_higher_753886.html</link>
      <description>The Australian share market has opened higher.</description>
      <pubDate>Fri, 25 May 2012 00:35:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/Aust_shares_open_higher_753886.html</guid>
    </item>
    <item>
      <title>$A lower as negativity continues</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/25/A_lower_as_negativity_continues_753869.html</link>
      <description>The Australian dollar is lower as negative economic news blunts the currency's ability to lock in any gains.</description>
      <pubDate>Thu, 24 May 2012 23:05:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/25/A_lower_as_negativity_continues_753869.html</guid>
    </item>
    <item>
      <title>EU crisis 'a storm in a teacup' -Forrest</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/EU_crisis_a_storm_in_a_teacup_-Forrest_753731.html</link>
      <description>Mining magnate Andrew Forrest has dismissed the European debt crisis as a 'storm in a tea-cup'.</description>
      <pubDate>Thu, 24 May 2012 09:49:09 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/EU_crisis_a_storm_in_a_teacup_-Forrest_753731.html</guid>
    </item>
    <item>
      <title>Rio continues to expand iron business</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Rio_continues_to_expand_iron_business_753726.html</link>
      <description>Rio Tinto is pressing ahead with expanding its robust iron ore business despite concerns of China's slowdown</description>
      <pubDate>Thu, 24 May 2012 09:48:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Rio_continues_to_expand_iron_business_753726.html</guid>
    </item>
    <item>
      <title>AGL buys brown coal power station</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/AGL_buys_brown_coal_power_station_753734.html</link>
      <description>The ACCC has approved AGL Energy's takeover of the coal fired Loy Yang power station.</description>
      <pubDate>Thu, 24 May 2012 09:23:11 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/AGL_buys_brown_coal_power_station_753734.html</guid>
    </item>
    <item>
      <title>EU summit ends with Greek warning</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/EU_summit_ends_with_Greek_warning_753723.html</link>
      <description>A EU summit ended with a warning to Greece that it must stick to its bailout terms if it stays with the Euro</description>
      <pubDate>Thu, 24 May 2012 08:58:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/EU_summit_ends_with_Greek_warning_753723.html</guid>
    </item>
    <item>
      <title>Economic recovery tipped to drive growth</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Economic_recovery_tipped_to_drive_growth_753720.html</link>
      <description>The NZ government is forecasting a healthy recovery in the economy, with GDP rising to 3.4per cent.</description>
      <pubDate>Thu, 24 May 2012 08:53:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Economic_recovery_tipped_to_drive_growth_753720.html</guid>
    </item>
    <item>
      <title>Foxtel completes Austar takeover</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Foxtel_completes_Austar_takeover_753715.html</link>
      <description>Foxtel has confirmed it has completed the process of its $2 billion takeover of regional counterpart Austar.</description>
      <pubDate>Thu, 24 May 2012 08:47:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Foxtel_completes_Austar_takeover_753715.html</guid>
    </item>
    <item>
      <title>Origin's LNG project secures $A8.7b loan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Origins_LNG_project_secures_A87b_loan_753710.html</link>
      <description>The Australia Pacific LNG joint venture has secured $A8.71 billion in funding for its LNG project in Qld.</description>
      <pubDate>Thu, 24 May 2012 08:43:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Origins_LNG_project_secures_A87b_loan_753710.html</guid>
    </item>
    <item>
      <title>Resources investment hits record $261bn</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Resources_investment_hits_record_261bn_753708.html</link>
      <description>Committed investment in the resources sector has reached a record $261 billion.</description>
      <pubDate>Thu, 24 May 2012 08:38:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Resources_investment_hits_record_261bn_753708.html</guid>
    </item>
    <item>
      <title>Strikes costing Qld $50 million- Seeney</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Strikes_costing_Qld_50_million-_Seeney_753705.html</link>
      <description>Ongoing industrial action at Qld coal mines has cost more than $50 million, deputy premier Jeff Seeney says.</description>
      <pubDate>Thu, 24 May 2012 08:33:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Strikes_costing_Qld_50_million-_Seeney_753705.html</guid>
    </item>
    <item>
      <title>Carbon tax 'no link to smelter closure'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Carbon_tax_no_link_to_smelter_closure_753703.html</link>
      <description>The closure of a NSW aluminium smelter can't be linked to the carbon tax, a union boss says.</description>
      <pubDate>Thu, 24 May 2012 08:31:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Carbon_tax_no_link_to_smelter_closure_753703.html</guid>
    </item>
    <item>
      <title>China manufacturing slows again</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/China_manufacturing_slows_again_753701.html</link>
      <description>Chinese manufacturing contracted in May for the seventh consecutive month as exports deteriorated.</description>
      <pubDate>Thu, 24 May 2012 08:29:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/China_manufacturing_slows_again_753701.html</guid>
    </item>
    <item>
      <title>$AUD in tight range</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/AUD_in_tight_range_753698.html</link>
      <description>The $AUD has fallen to a fresh six-month low on further negative developments in the euro zone.</description>
      <pubDate>Thu, 24 May 2012 07:58:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/AUD_in_tight_range_753698.html</guid>
    </item>
    <item>
      <title>$A slightly lower after EU summit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/A_slightly_lower_after_EU_summit_753627.html</link>
      <description>The Australian dollar is slightly lower and trading is in a tight range throughout the morning.</description>
      <pubDate>Thu, 24 May 2012 02:50:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/A_slightly_lower_after_EU_summit_753627.html</guid>
    </item>
    <item>
      <title>Aust stocks higher despite mixed leads</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Aust_stocks_higher_despite_mixed_leads_753623.html</link>
      <description>The Australian share market has opened slightly higher, led by major resources companies.</description>
      <pubDate>Thu, 24 May 2012 02:35:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Aust_stocks_higher_despite_mixed_leads_753623.html</guid>
    </item>
    <item>
      <title>Australian shares open high</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Australian_shares_open_high_753592.html</link>
      <description>The Australian share market has opened higher with the benchmark index up 10.1 points.</description>
      <pubDate>Thu, 24 May 2012 00:38:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Australian_shares_open_high_753592.html</guid>
    </item>
    <item>
      <title>$A lower as euro zone pessimism persists</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/A_lower_as_euro_zone_pessimism_persists_753562.html</link>
      <description>The Australian dollar fell to a new six-month low on pessimism about the outcome of a Euro leaders summit.</description>
      <pubDate>Wed, 23 May 2012 22:21:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/A_lower_as_euro_zone_pessimism_persists_753562.html</guid>
    </item>
    <item>
      <title>Australian market set to open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/24/Australian_market_set_to_open_higher_753538.html</link>
      <description>The Australian market looks set to open higher after a mixed result on Wall Street.</description>
      <pubDate>Wed, 23 May 2012 21:24:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/24/Australian_market_set_to_open_higher_753538.html</guid>
    </item>
    <item>
      <title>Future fund boss operates out of bank</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Future_fund_boss_operates_out_of_bank_753419.html</link>
      <description>New Future Fund chairman David Gonski has retained his office in a South African-owned investment bank.</description>
      <pubDate>Wed, 23 May 2012 13:35:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Future_fund_boss_operates_out_of_bank_753419.html</guid>
    </item>
    <item>
      <title>Bank probed over Facebook shares</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Bank_probed_over_Facebook_shares_753417.html</link>
      <description>Regulators are probing Morgan Stanley over a negative report before Facebook's stock market debut.</description>
      <pubDate>Wed, 23 May 2012 13:32:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Bank_probed_over_Facebook_shares_753417.html</guid>
    </item>
    <item>
      <title>Rinehart overlooked for Fairfax board</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Rinehart_overlooked_for_Fairfax_board_753413.html</link>
      <description>The world's richest woman Gina Rinehart has been overlooked for a Fairfax Media board seat.</description>
      <pubDate>Wed, 23 May 2012 13:17:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Rinehart_overlooked_for_Fairfax_board_753413.html</guid>
    </item>
    <item>
      <title>Myer to generate $300 million online</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Myer_to_generate_300_million_online_753411.html</link>
      <description>Myer thinks it can generate $300m in online sales as women and young people head to the store's website.</description>
      <pubDate>Wed, 23 May 2012 13:13:39 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Myer_to_generate_300_million_online_753411.html</guid>
    </item>
    <item>
      <title>Penny Wong sticks by jobless forecasts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Penny_Wong_sticks_by_jobless_forecasts_753395.html</link>
      <description>Finance Minister Penny Wong is standing by the federal government's jobless forecasts in the budget.</description>
      <pubDate>Wed, 23 May 2012 10:39:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Penny_Wong_sticks_by_jobless_forecasts_753395.html</guid>
    </item>
    <item>
      <title>Growth outlook weak, Westpac survey</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Growth_outlook_weak_Westpac_survey_753387.html</link>
      <description>The outlook for economic growth has improved, but it's still  below average.</description>
      <pubDate>Wed, 23 May 2012 10:26:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Growth_outlook_weak_Westpac_survey_753387.html</guid>
    </item>
    <item>
      <title>Smelter closure 'not due to carbon tax'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Smelter_closure_not_due_to_carbon_tax_753391.html</link>
      <description>Greg Combet has rejected claims the carbon tax is responsible for an aluminium smelter closure.</description>
      <pubDate>Wed, 23 May 2012 10:26:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Smelter_closure_not_due_to_carbon_tax_753391.html</guid>
    </item>
    <item>
      <title>Gina Rinehart makes $1m every half-hour</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Gina_Rinehart_makes_1m_every_half-hour_753384.html</link>
      <description>Gina Rinehart has been listed as the world's wealthiest woman with a fortune worth $29 billion.</description>
      <pubDate>Wed, 23 May 2012 10:16:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Gina_Rinehart_makes_1m_every_half-hour_753384.html</guid>
    </item>
    <item>
      <title>Stocks tumble on fresh Greek exit fears</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Stocks_tumble_on_fresh_Greek_exit_fears_753369.html</link>
      <description>Australian stocks tumbled on fears about a possible Greek exit from the euro zone.</description>
      <pubDate>Wed, 23 May 2012 08:44:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Stocks_tumble_on_fresh_Greek_exit_fears_753369.html</guid>
    </item>
    <item>
      <title>$AUD dives on Greek fears</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/AUD_dives_on_Greek_fears_753367.html</link>
      <description>The Australian dollar has tumbled more than 1.5 US cents to its lowest level since November.</description>
      <pubDate>Wed, 23 May 2012 08:42:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/AUD_dives_on_Greek_fears_753367.html</guid>
    </item>
    <item>
      <title>Qld coal miners set to strike again</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Qld_coal_miners_set_to_strike_again_753348.html</link>
      <description>More strike action by central Queensland coal miners is expected to hurt the BHP-Mitsubishi Alliance.</description>
      <pubDate>Wed, 23 May 2012 07:27:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Qld_coal_miners_set_to_strike_again_753348.html</guid>
    </item>
    <item>
      <title>Qantas, Jetstar cut NT services</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Qantas_Jetstar_cut_NT_services_753337.html</link>
      <description>Qantas and Jetstar will cut the number of flights arriving at Darwin and Uluru because of poor patronage.</description>
      <pubDate>Wed, 23 May 2012 06:41:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Qantas_Jetstar_cut_NT_services_753337.html</guid>
    </item>
    <item>
      <title>More delays in Brambles' Recall sale</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/More_delays_in_Brambles_Recall_sale_753333.html</link>
      <description>Brambles says the sale of its data management business continues to take longer than expected.</description>
      <pubDate>Wed, 23 May 2012 06:38:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/More_delays_in_Brambles_Recall_sale_753333.html</guid>
    </item>
    <item>
      <title>China slowdown threatens Aust-World Bank</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/China_slowdown_threatens_Aust-World_Bank_753331.html</link>
      <description>The World Bank says Australia could be at risk as Europe's debt crisis threatens China's export markets.</description>
      <pubDate>Wed, 23 May 2012 06:36:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/China_slowdown_threatens_Aust-World_Bank_753331.html</guid>
    </item>
    <item>
      <title>Bank of Japan keeps rate unchanged</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Bank_of_Japan_keeps_rate_unchanged_753329.html</link>
      <description>The Bank of Japan kept its key interest rate unchanged at between zero and 0.1 per cent.</description>
      <pubDate>Wed, 23 May 2012 06:33:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Bank_of_Japan_keeps_rate_unchanged_753329.html</guid>
    </item>
    <item>
      <title>Australian shares close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_shares_close_lower_753325.html</link>
      <description>Australian shares have closed lower, shedding modest gains in earlier trading.</description>
      <pubDate>Wed, 23 May 2012 06:31:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_shares_close_lower_753325.html</guid>
    </item>
    <item>
      <title>Australian stocks lower at noon</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_stocks_lower_at_noon_753280.html</link>
      <description>Australian stocks are almost one per cent lower, despite staging a partial recovery in morning trade.</description>
      <pubDate>Wed, 23 May 2012 02:54:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_stocks_lower_at_noon_753280.html</guid>
    </item>
    <item>
      <title>$AUD plummets to new six-month low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/AUD_plummets_to_new_six-month_low_753276.html</link>
      <description>The Australian dollar has fallen 1.5 US Cents as nervousness grows over Europe's debt crisis.</description>
      <pubDate>Wed, 23 May 2012 02:51:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/AUD_plummets_to_new_six-month_low_753276.html</guid>
    </item>
    <item>
      <title>Australian shares open lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_shares_open_lower_753224.html</link>
      <description>The Australian share market has opened more than half of a percent lower.</description>
      <pubDate>Wed, 23 May 2012 00:34:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_shares_open_lower_753224.html</guid>
    </item>
    <item>
      <title>Australian market to open lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_market_to_open_lower_753168.html</link>
      <description>The Australian market looks set to open lower following Dow Jones and Nasdaq falls overnight.</description>
      <pubDate>Tue, 22 May 2012 21:47:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Australian_market_to_open_lower_753168.html</guid>
    </item>
    <item>
      <title>$A falls as euro zone hopes fade</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/A_falls_as_euro_zone_hopes_fade_753167.html</link>
      <description>The Australian dollar has fallen one US cent as hopes for a resolution to the eurozone crisis faded.</description>
      <pubDate>Tue, 22 May 2012 21:45:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/A_falls_as_euro_zone_hopes_fade_753167.html</guid>
    </item>
    <item>
      <title>Market gains not enough to save Greece</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Market_gains_not_enough_to_save_Greece_753155.html</link>
      <description>Political and financial uncertainty has seen Greek shares drop to their lowest level in 22 years.</description>
      <pubDate>Tue, 22 May 2012 20:41:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Market_gains_not_enough_to_save_Greece_753155.html</guid>
    </item>
    <item>
      <title>Pull banks into line on rates, Howes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Pull_banks_into_line_on_rates_Howes_753154.html</link>
      <description>High-profile union leader Paul Howes has called for tougher regulation of Australia's banks.</description>
      <pubDate>Tue, 22 May 2012 20:41:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Pull_banks_into_line_on_rates_Howes_753154.html</guid>
    </item>
    <item>
      <title>IMF calls on UK to boost economy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/IMF_calls_on_UK_to_boost_economy_753153.html</link>
      <description>The IMF has issued a tough assessment of UK economic policy, urging the gov't to do more to boost demand.</description>
      <pubDate>Tue, 22 May 2012 20:41:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/IMF_calls_on_UK_to_boost_economy_753153.html</guid>
    </item>
    <item>
      <title>European stocks rally ahead of EU summit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/European_stocks_rally_ahead_of_EU_summit_753152.html</link>
      <description>European stocks have rallied in a second day of gains after recent sharp losses.</description>
      <pubDate>Tue, 22 May 2012 20:41:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/European_stocks_rally_ahead_of_EU_summit_753152.html</guid>
    </item>
    <item>
      <title>Oil prices slide on profit-taking</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Oil_prices_slide_on_profit-taking_753151.html</link>
      <description>Oil has recoiled, hit by profit-taking and the stronger dollar on the eve of a meeting in Brussels.</description>
      <pubDate>Tue, 22 May 2012 20:41:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Oil_prices_slide_on_profit-taking_753151.html</guid>
    </item>
    <item>
      <title>Facebook sinks as US stocks close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/23/Facebook_sinks_as_US_stocks_close_lower_753156.html</link>
      <description>US stocks have given up early gains and finished flat as investors dumped Facebook shares for a second day.</description>
      <pubDate>Tue, 22 May 2012 20:40:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/23/Facebook_sinks_as_US_stocks_close_lower_753156.html</guid>
    </item>
    <item>
      <title>$A higher on euro and China comments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/A_higher_on_euro_and_China_comments_752976.html</link>
      <description>The Australian dollar rose on slightly more optimistic sentiment towards the euro zone.</description>
      <pubDate>Tue, 22 May 2012 08:41:09 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/A_higher_on_euro_and_China_comments_752976.html</guid>
    </item>
    <item>
      <title>Barclays to sell $6bn BlackRock stake</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Barclays_to_sell_6bn_BlackRock_stake_752883.html</link>
      <description>Barclays Bank says it intends to dispose of its entire 19.6 per cent stake in the US asset BlackRock.</description>
      <pubDate>Tue, 22 May 2012 07:30:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Barclays_to_sell_6bn_BlackRock_stake_752883.html</guid>
    </item>
    <item>
      <title>BMA mining dispute hits new low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/BMA_mining_dispute_hits_new_low_752957.html</link>
      <description>The dispute between unions and miner BHP Billiton Mitsubishi Alliance in central Qld mines could escalate.</description>
      <pubDate>Tue, 22 May 2012 07:19:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/BMA_mining_dispute_hits_new_low_752957.html</guid>
    </item>
    <item>
      <title>Work to resume at TEMCO plant in Tas</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Work_to_resume_at_TEMCO_plant_in_Tas_752950.html</link>
      <description>There will be no immediate job losses at the Tas BHP TEMCO plant after a decision to restart the operation.</description>
      <pubDate>Tue, 22 May 2012 07:09:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Work_to_resume_at_TEMCO_plant_in_Tas_752950.html</guid>
    </item>
    <item>
      <title>Boral CEO steps down, shares slip</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Boral_CEO_steps_down_shares_slip_752948.html</link>
      <description>Shares in building products maker Boral are down after chief executive Mark Selway stood down.</description>
      <pubDate>Tue, 22 May 2012 07:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Boral_CEO_steps_down_shares_slip_752948.html</guid>
    </item>
    <item>
      <title>Fonterra cuts forecast milk price by 30c</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Fonterra_cuts_forecast_milk_price_by_30c_752945.html</link>
      <description>Fonterra has cut its forecast 2012 milk price and flagged lower payments in 2013.</description>
      <pubDate>Tue, 22 May 2012 07:03:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Fonterra_cuts_forecast_milk_price_by_30c_752945.html</guid>
    </item>
    <item>
      <title>SMEs could miss opportunties in 2012</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/SMEs_could_miss_opportunties_in_2012_752943.html</link>
      <description>Small business is missing out on investment opportunities as they worry about the wider global outlook.</description>
      <pubDate>Tue, 22 May 2012 06:59:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/SMEs_could_miss_opportunties_in_2012_752943.html</guid>
    </item>
    <item>
      <title>Australian shares close firmer</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_shares_close_firmer_752935.html</link>
      <description>Australian shares closed more than one per cent firmer, due to stronger energy and resources stocks.</description>
      <pubDate>Tue, 22 May 2012 06:57:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_shares_close_firmer_752935.html</guid>
    </item>
    <item>
      <title>Difficult conditions ahead for SMEs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Difficult_conditions_ahead_for_SMEs_752941.html</link>
      <description>Small businesses' confidence is being hit by the European crisis, politics and the carbon tax.</description>
      <pubDate>Tue, 22 May 2012 06:57:03 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Difficult_conditions_ahead_for_SMEs_752941.html</guid>
    </item>
    <item>
      <title>Banks should mirror RBA rates - Howes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Banks_should_mirror_RBA_rates_-_Howes_752909.html</link>
      <description>Trade union boss Paul Howes says financial institutions should be forced to mirror official interest rates.</description>
      <pubDate>Tue, 22 May 2012 06:08:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Banks_should_mirror_RBA_rates_-_Howes_752909.html</guid>
    </item>
    <item>
      <title>Qantas to become two companies</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Qantas_to_become_two_companies_752905.html</link>
      <description>Qantas is splitting in two - an international and a national business - to better meet industry challenges.</description>
      <pubDate>Tue, 22 May 2012 05:11:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Qantas_to_become_two_companies_752905.html</guid>
    </item>
    <item>
      <title>GrainCorp shares jump on new forecast</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/GrainCorp_shares_jump_on_new_forecast_752903.html</link>
      <description>GrainCorp have upgraded its full year profit forecast after a bumper crop lifted first half profits by 50pc.</description>
      <pubDate>Tue, 22 May 2012 05:09:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/GrainCorp_shares_jump_on_new_forecast_752903.html</guid>
    </item>
    <item>
      <title>$A higher as optimism over Europe grows</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/A_higher_as_optimism_over_Europe_grows_752860.html</link>
      <description>The Australian dollar is higher as hopes rise that Greece will stay in the euro zone.</description>
      <pubDate>Tue, 22 May 2012 03:39:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/A_higher_as_optimism_over_Europe_grows_752860.html</guid>
    </item>
    <item>
      <title>Market up on energy, resources strength</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Market_up_on_energy_resources_strength_752839.html</link>
      <description>The Australian share market climbed higher thanks to strength among energy and resources stocks.</description>
      <pubDate>Tue, 22 May 2012 02:47:11 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Market_up_on_energy_resources_strength_752839.html</guid>
    </item>
    <item>
      <title>Leighton set for $400m-$450m FY profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Leighton_set_for_400m-450m_FY_profit_752802.html</link>
      <description>Construction giant Leighton Holdings is sticking to its full year profit forecast of between $400m-$450m.</description>
      <pubDate>Tue, 22 May 2012 01:02:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Leighton_set_for_400m-450m_FY_profit_752802.html</guid>
    </item>
    <item>
      <title>Australian shares open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_shares_open_higher_752793.html</link>
      <description>The Australian share market has opened more than half a per cent higher.</description>
      <pubDate>Tue, 22 May 2012 00:42:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_shares_open_higher_752793.html</guid>
    </item>
    <item>
      <title>Australian market set to open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_market_set_to_open_higher_752759.html</link>
      <description>The Australian market looks set to open higher after European markets rose overnight.</description>
      <pubDate>Mon, 21 May 2012 23:12:13 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Australian_market_set_to_open_higher_752759.html</guid>
    </item>
    <item>
      <title>Facebook shares sink below IPO price</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Facebook_shares_sink_below_IPO_price_752756.html</link>
      <description>Facebook shares plunged nearly 11 per cent on Monday during the stock's first full day of trade.</description>
      <pubDate>Mon, 21 May 2012 23:08:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Facebook_shares_sink_below_IPO_price_752756.html</guid>
    </item>
    <item>
      <title>Obama urges 'effective coordination'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Obama_urges_effective_coordination_752755.html</link>
      <description>US President Barack Obama has called for a 'more effective co-ordination' among eurozone nations.</description>
      <pubDate>Mon, 21 May 2012 23:08:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Obama_urges_effective_coordination_752755.html</guid>
    </item>
    <item>
      <title>$A above 99 US cents as optimism returns</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/A_above_99_US_cents_as_optimism_returns_752725.html</link>
      <description>The Australian dollar has headed back above 99.00 US cents amid optimism about the eurozone.</description>
      <pubDate>Mon, 21 May 2012 21:41:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/A_above_99_US_cents_as_optimism_returns_752725.html</guid>
    </item>
    <item>
      <title>Give more Afghan cash, PM tells leaders</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Give_more_Afghan_cash_PM_tells_leaders_752722.html</link>
      <description>The PM has used a major NATO summit to call on world leaders to stump up the cash needed to support Afghan.</description>
      <pubDate>Mon, 21 May 2012 21:36:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Give_more_Afghan_cash_PM_tells_leaders_752722.html</guid>
    </item>
    <item>
      <title>US shares solid gains, not Facebook</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/US_shares_solid_gains_not_Facebook_752720.html</link>
      <description>US shares have racked up strong gains with the Nasdaq adding nearly 2.5 per cent helped by an Apple surge.</description>
      <pubDate>Mon, 21 May 2012 21:30:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/US_shares_solid_gains_not_Facebook_752720.html</guid>
    </item>
    <item>
      <title>European stocks rebound on G8 support</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/European_stocks_rebound_on_G8_support_752695.html</link>
      <description>Euro stock markets have rebounded as G8 support for Greece to remain in the eurozone boosts sentiment.</description>
      <pubDate>Mon, 21 May 2012 20:21:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/European_stocks_rebound_on_G8_support_752695.html</guid>
    </item>
    <item>
      <title>Spain names firms to value uneasy banks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/Spain_names_firms_to_value_uneasy_banks_752694.html</link>
      <description>Spain says it has hired two consultancy firms to audit its banks, but denies any need for a foreign bailout.</description>
      <pubDate>Mon, 21 May 2012 20:21:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/Spain_names_firms_to_value_uneasy_banks_752694.html</guid>
    </item>
    <item>
      <title>JPMorgan suspends share buyback plans</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/22/JPMorgan_suspends_share_buyback_plans_752693.html</link>
      <description>JPMorgan Chase CEO Jamie Dimon has said the bank is suspending plans to buy back its own stock.</description>
      <pubDate>Mon, 21 May 2012 20:20:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/22/JPMorgan_suspends_share_buyback_plans_752693.html</guid>
    </item>
    <item>
      <title>WA uranium mine approved by EPA</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/WA_uranium_mine_approved_by_EPA_752587.html</link>
      <description>WA's first uranium mine is a step closer to being built but opponents say the proposal is not a done deal.</description>
      <pubDate>Mon, 21 May 2012 09:42:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/WA_uranium_mine_approved_by_EPA_752587.html</guid>
    </item>
    <item>
      <title>PMP shares up 5% on TMA takeover bid</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_up_5_on_TMA_takeover_bid_752582.html</link>
      <description>Shares in PMP gained more than 5pc after the company confirmed TMA is behind a takeover bid.</description>
      <pubDate>Mon, 21 May 2012 09:37:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_up_5_on_TMA_takeover_bid_752582.html</guid>
    </item>
    <item>
      <title>Qantas cuts 500 maintenance jobs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_cuts_500_maintenance_jobs_752580.html</link>
      <description>Qantas Airways has flagged more job losses after confirming it will cut 500 maintenance positions.</description>
      <pubDate>Mon, 21 May 2012 09:35:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_cuts_500_maintenance_jobs_752580.html</guid>
    </item>
    <item>
      <title>$A rises slightly on Spanish news</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/A_rises_slightly_on_Spanish_news_752566.html</link>
      <description>The Australian dollar has lifted slightly to remain back above US 98 cents after its recent big drop.</description>
      <pubDate>Mon, 21 May 2012 09:08:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/A_rises_slightly_on_Spanish_news_752566.html</guid>
    </item>
    <item>
      <title>Toro tipped for WA's first uranium mine</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Toro_tipped_for_WAs_first_uranium_mine_752552.html</link>
      <description>Western Australia could be a step closer to getting its first uranium mine.</description>
      <pubDate>Mon, 21 May 2012 08:05:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Toro_tipped_for_WAs_first_uranium_mine_752552.html</guid>
    </item>
    <item>
      <title>James Hardie aims for Aust market share</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_aims_for_Aust_market_share_752550.html</link>
      <description>James Hardie fears  Australia's soft housing market will be a drag on the company's earnings this year.</description>
      <pubDate>Mon, 21 May 2012 08:02:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_aims_for_Aust_market_share_752550.html</guid>
    </item>
    <item>
      <title>Aust, Malaysia to sign free trade deal</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_Malaysia_to_sign_free_trade_deal_752544.html</link>
      <description>Trade Minister Craig Emerson heads to Malaysia to sign a new free trade agreement.</description>
      <pubDate>Mon, 21 May 2012 07:35:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_Malaysia_to_sign_free_trade_deal_752544.html</guid>
    </item>
    <item>
      <title>Chinese company to buy theatre chain</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Chinese_company_to_buy_theatre_chain_752535.html</link>
      <description>A Chinese company has announced it will buy US cinema chain AMC Entertainment Holdings for $US2.6 billion</description>
      <pubDate>Mon, 21 May 2012 07:13:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Chinese_company_to_buy_theatre_chain_752535.html</guid>
    </item>
    <item>
      <title>NZ airline ownership change proposed</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/NZ_airline_ownership_change_proposed_752532.html</link>
      <description>The New Zealand government is proposing removing limits on foreign ownership of its nation's airlines.</description>
      <pubDate>Mon, 21 May 2012 07:09:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/NZ_airline_ownership_change_proposed_752532.html</guid>
    </item>
    <item>
      <title>Qantas calls on unions to back job cuts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_calls_on_unions_to_back_job_cuts_752522.html</link>
      <description>Qantas CEO Alan Joyce has called on unions to back the airline's plan to axe 500 engineering jobs.</description>
      <pubDate>Mon, 21 May 2012 06:59:33 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Qantas_calls_on_unions_to_back_job_cuts_752522.html</guid>
    </item>
    <item>
      <title>Australian shares close higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Australian_shares_close_higher_752517.html</link>
      <description>After big drops last week, Australian shares have closed around three-quarters of a per cent higher.</description>
      <pubDate>Mon, 21 May 2012 06:46:38 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Australian_shares_close_higher_752517.html</guid>
    </item>
    <item>
      <title>Orica announces ammonium nitrate plant</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Orica_announces_ammonium_nitrate_plant_752511.html</link>
      <description>Orica has announced it will build an $A815.87 million ammonium nitrate plant in Western Australia.</description>
      <pubDate>Mon, 21 May 2012 06:25:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Orica_announces_ammonium_nitrate_plant_752511.html</guid>
    </item>
    <item>
      <title>Elders returns to profit in first half</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Elders_returns_to_profit_in_first_half_752509.html</link>
      <description>Elders has returned to profitability, boosted by a large tax win.</description>
      <pubDate>Mon, 21 May 2012 06:22:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Elders_returns_to_profit_in_first_half_752509.html</guid>
    </item>
    <item>
      <title>Retravision buyer chooses administrators</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Retravision_buyer_chooses_administrators_752502.html</link>
      <description>Over 100 Retravision stores in Victoria, NSW and Tasmania has gone into voluntary administration.</description>
      <pubDate>Mon, 21 May 2012 05:21:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Retravision_buyer_chooses_administrators_752502.html</guid>
    </item>
    <item>
      <title>Campbell Bros profit continues to grow</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Campbell_Bros_profit_continues_to_grow_752497.html</link>
      <description>Laboratory group Campbell Brothers' full year profit is up 68 per cent and the company expects more growth.</description>
      <pubDate>Mon, 21 May 2012 05:15:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Campbell_Bros_profit_continues_to_grow_752497.html</guid>
    </item>
    <item>
      <title>PMP shares in trading halt on TMA bid</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_in_trading_halt_on_TMA_bid_752495.html</link>
      <description>Shares in PMP have been placed in a trading halt amid speculation that TMA is behind a bid for the company.</description>
      <pubDate>Mon, 21 May 2012 05:13:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/PMP_shares_in_trading_halt_on_TMA_bid_752495.html</guid>
    </item>
    <item>
      <title>$A grinding higher as pessimism wanes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/A_grinding_higher_as_pessimism_wanes_752441.html</link>
      <description>The Australian dollar is bouncing back from six-month lows as the market mood improves.</description>
      <pubDate>Mon, 21 May 2012 03:03:08 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/A_grinding_higher_as_pessimism_wanes_752441.html</guid>
    </item>
    <item>
      <title>Shares up almost 0.5% after G8</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Shares_up_almost_05_after_G8_752439.html</link>
      <description>AUS share market was almost half a per cent higher after leaders said they want Greece in the euro zone.</description>
      <pubDate>Mon, 21 May 2012 02:52:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Shares_up_almost_05_after_G8_752439.html</guid>
    </item>
    <item>
      <title>Bond prices back away from record highs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Bond_prices_back_away_from_record_highs_752437.html</link>
      <description>The Aust bond market has opened the week slightly weaker following last week's record-breaking rallies.</description>
      <pubDate>Mon, 21 May 2012 02:46:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Bond_prices_back_away_from_record_highs_752437.html</guid>
    </item>
    <item>
      <title>Orica to build plant in the Pilbara</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Orica_to_build_plant_in_the_Pilbara_752401.html</link>
      <description>Orica is part of a joint venture that will build a $A815.87m ammonium nitrate plant in WA Pilbara region.</description>
      <pubDate>Mon, 21 May 2012 01:34:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Orica_to_build_plant_in_the_Pilbara_752401.html</guid>
    </item>
    <item>
      <title>Elders posts $40.5m first half profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Elders_posts_405m_first_half_profit_752398.html</link>
      <description>Agribusiness Elders has returned to profitability with a $40.5m profit in the six months in March.</description>
      <pubDate>Mon, 21 May 2012 01:19:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Elders_posts_405m_first_half_profit_752398.html</guid>
    </item>
    <item>
      <title>Spain to pick bank audit firms</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Spain_to_pick_bank_audit_firms_752396.html</link>
      <description>Spain will pick two independent auditing firms to look at how the banks are exposed to the real estate.</description>
      <pubDate>Mon, 21 May 2012 01:14:33 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Spain_to_pick_bank_audit_firms_752396.html</guid>
    </item>
    <item>
      <title>Most precious metals close higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Most_precious_metals_close_higher_752392.html</link>
      <description>Gold futures have climbed for a second day on Friday, erasing this week's losses.</description>
      <pubDate>Mon, 21 May 2012 01:10:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Most_precious_metals_close_higher_752392.html</guid>
    </item>
    <item>
      <title>Aust shares open high</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_shares_open_high_752374.html</link>
      <description>The Australian share market has opened more than half a per cent higher.</description>
      <pubDate>Mon, 21 May 2012 00:37:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_shares_open_high_752374.html</guid>
    </item>
    <item>
      <title>James Hardie profit beats expectations</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_profit_beats_expectations_752357.html</link>
      <description>James Hardie has posted a $US604.3m full year net profit, with the result boosted by a recent legal victory.</description>
      <pubDate>Sun, 20 May 2012 23:48:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/James_Hardie_profit_beats_expectations_752357.html</guid>
    </item>
    <item>
      <title>Australia to boost Afghanistan aid</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Australia_to_boost_Afghanistan_aid_752343.html</link>
      <description>Australia will boost its aid to Afghanistan as part of an agreement signed by the PM and her US counterpart.</description>
      <pubDate>Sun, 20 May 2012 23:12:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Australia_to_boost_Afghanistan_aid_752343.html</guid>
    </item>
    <item>
      <title>Workers comp to cause job losses</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Workers_comp_to_cause_job_losses_752328.html</link>
      <description>A NSW business group says almost 13,000 jobs will be lost if workers compensation premiums are to increase.</description>
      <pubDate>Sun, 20 May 2012 22:33:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Workers_comp_to_cause_job_losses_752328.html</guid>
    </item>
    <item>
      <title>Key overseas finance markers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Key_overseas_finance_markers_752321.html</link>
      <description>The stock market in NY has closed lower, with final figures for the Dow Jones Industrial Average down.</description>
      <pubDate>Sun, 20 May 2012 22:09:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Key_overseas_finance_markers_752321.html</guid>
    </item>
    <item>
      <title>$A higher after G8 comments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/A_higher_after_G8_comments_752319.html</link>
      <description>The Australian dollar rebounded from its six-month lows after G8 leaders vowed to promote growth.</description>
      <pubDate>Sun, 20 May 2012 22:08:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/A_higher_after_G8_comments_752319.html</guid>
    </item>
    <item>
      <title>Base metals close mixed</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Base_metals_close_mixed_752318.html</link>
      <description>Base metals closed mixed on London Metal Exchange on Friday, buoyed by investors closing short positions.</description>
      <pubDate>Sun, 20 May 2012 22:02:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Base_metals_close_mixed_752318.html</guid>
    </item>
    <item>
      <title>Thomson 'will ask to be left alone'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Thomson_will_ask_to_be_left_alone_752316.html</link>
      <description>A senior Labor figure says he expects embattled MP Craig Thomson to ask parliament to leave him alone.</description>
      <pubDate>Sun, 20 May 2012 21:58:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Thomson_will_ask_to_be_left_alone_752316.html</guid>
    </item>
    <item>
      <title>NATO shifting to help peace in Afghan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/NATO_shifting_to_help_peace_in_Afghan_752312.html</link>
      <description>The US President has warned of 'hard days' ahead in Afghanistan as world leaders open NATO summit talks.</description>
      <pubDate>Sun, 20 May 2012 21:39:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/NATO_shifting_to_help_peace_in_Afghan_752312.html</guid>
    </item>
    <item>
      <title>$A rebounds from six-month low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/A_rebounds_from_six-month_low_752295.html</link>
      <description>The Australian dollar has rebounded from its six-month low,  trading at 98.39 US cents.</description>
      <pubDate>Sun, 20 May 2012 20:42:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/A_rebounds_from_six-month_low_752295.html</guid>
    </item>
    <item>
      <title>Aust share market may open flat</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_share_market_may_open_flat_752266.html</link>
      <description>The Australian share market is likely to open flat to slightly weaker today.</description>
      <pubDate>Sun, 20 May 2012 19:16:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Aust_share_market_may_open_flat_752266.html</guid>
    </item>
    <item>
      <title>Strata responsibilities unclear - study</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/Strata_responsibilities_unclear_-_study_752265.html</link>
      <description>Residents and owners of strata titled homes in NSW need better support and clearer explanations - study.</description>
      <pubDate>Sun, 20 May 2012 19:14:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/Strata_responsibilities_unclear_-_study_752265.html</guid>
    </item>
    <item>
      <title>Qantas to cut 400 workers jobs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/21/More_than_400_jobs_to_go_at_Qantas_752262.html</link>
      <description>Qantas is expected to announce that more than 400 heavy maintenance jobs will be cut at Tullamarine Airport.</description>
      <pubDate>Sun, 20 May 2012 19:09:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/21/More_than_400_jobs_to_go_at_Qantas_752262.html</guid>
    </item>
    <item>
      <title>GM spurns pricey Super Bowl ads</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/GM_spurns_pricey_Super_Bowl_ads_752212.html</link>
      <description>General Motors says it will skip the next US Super Bowl advertising extravaganza because it's too costly.</description>
      <pubDate>Sun, 20 May 2012 11:41:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/GM_spurns_pricey_Super_Bowl_ads_752212.html</guid>
    </item>
    <item>
      <title>American recall of Jeep Wranglers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/American_recall_of_Jeep_Wranglers_752211.html</link>
      <description>Chrysler is recalling nearly 87,000 Jeep Wranglers in the US, Canada and elsewhere due to a risk of fires.</description>
      <pubDate>Sun, 20 May 2012 11:41:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/American_recall_of_Jeep_Wranglers_752211.html</guid>
    </item>
    <item>
      <title>Surplus will help unemployed - Emerson</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Surplus_will_help_unemployed_-_Emerson_752210.html</link>
      <description>Craig Emerson has argued the unemployed will benefit from Labor returning the budget to surplus.</description>
      <pubDate>Sun, 20 May 2012 11:41:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Surplus_will_help_unemployed_-_Emerson_752210.html</guid>
    </item>
    <item>
      <title>Xenophon supports repealing carbon tax</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Xenophon_supports_repealing_carbon_tax_752209.html</link>
      <description>Nick Xenophon has flagged supporting a repeal of the carbon tax if Tony Abbott wins the next election.</description>
      <pubDate>Sun, 20 May 2012 11:41:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Xenophon_supports_repealing_carbon_tax_752209.html</guid>
    </item>
    <item>
      <title>WA moving away from the 'east'- Barnett</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/WA_moving_away_from_the_east-_Barnett_752208.html</link>
      <description>Colin Barnett says WA is drifting further from Canberra and the east in the face of falling GST revenue.</description>
      <pubDate>Sun, 20 May 2012 11:41:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/WA_moving_away_from_the_east-_Barnett_752208.html</guid>
    </item>
    <item>
      <title>ACTU to push for $26-a-week pay rise</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/ACTU_to_push_for_26-a-week_pay_rise_752207.html</link>
      <description>The ACTU has urged Fair Work Australia to reject any push to offset a decent payrise for low-paid workers.</description>
      <pubDate>Sun, 20 May 2012 11:41:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/ACTU_to_push_for_26-a-week_pay_rise_752207.html</guid>
    </item>
    <item>
      <title>Unions launch WorkCover campaign</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Unions_launch_WorkCover_campaign_752206.html</link>
      <description>NSW Unions have launched a campaign opposing state government plans to clamp down on WorkCover payments.</description>
      <pubDate>Sun, 20 May 2012 11:41:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Unions_launch_WorkCover_campaign_752206.html</guid>
    </item>
    <item>
      <title>Spanish banks 'don't need' rescue</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Spanish_banks_dont_need_rescue_752205.html</link>
      <description>Spanish Prime Minister Mariano Rajoy says he doesn't think his country's banks will need a European rescue.</description>
      <pubDate>Sun, 20 May 2012 11:41:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Spanish_banks_dont_need_rescue_752205.html</guid>
    </item>
    <item>
      <title>Greece needs austerity says Germany</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Greece_needs_austerity_says_Germany_752204.html</link>
      <description>Germany's Finance Minister Wolfgang Schaeuble says Greece must abide by its austerity deals.</description>
      <pubDate>Sun, 20 May 2012 11:41:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Greece_needs_austerity_says_Germany_752204.html</guid>
    </item>
    <item>
      <title>G8 backs Greece, papers over tensions</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/G8_backs_Greece_papers_over_tensions_752203.html</link>
      <description>G8 leaders have expressed their wish to see Greece stay in the eurozone at a Camp David summit.</description>
      <pubDate>Sun, 20 May 2012 11:41:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/G8_backs_Greece_papers_over_tensions_752203.html</guid>
    </item>
    <item>
      <title>Govt pulls funding from gay health group</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Govt_pulls_funding_from_gay_health_group_752115.html</link>
      <description>Qld's only health organisation dedicated to the gay and lesbian community has had its funding withdrawn.</description>
      <pubDate>Sun, 20 May 2012 03:41:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Govt_pulls_funding_from_gay_health_group_752115.html</guid>
    </item>
    <item>
      <title>NSW premiers' entitlements stripped back</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/NSW_premiers_entitlements_stripped_back_752113.html</link>
      <description>Retired NSW premiers are about to get less of the generous life entitlements they have previously enjoyed.</description>
      <pubDate>Sun, 20 May 2012 03:40:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/NSW_premiers_entitlements_stripped_back_752113.html</guid>
    </item>
    <item>
      <title>CSR expects organic growth</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/CSR_expects_organic_growth_752111.html</link>
      <description>Building products supplier CSR Ltd expects growth to come from its existing businesses.</description>
      <pubDate>Sun, 20 May 2012 03:39:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/CSR_expects_organic_growth_752111.html</guid>
    </item>
    <item>
      <title>Europe's priority is grown and jobs- G8</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Europes_priority_is_grown_and_jobs-_G8_752109.html</link>
      <description>President Obama says there's an 'emerging consensus' that more must be done to promote job growth in Europe.</description>
      <pubDate>Sun, 20 May 2012 03:25:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Europes_priority_is_grown_and_jobs-_G8_752109.html</guid>
    </item>
    <item>
      <title>Aust share market to open flat on Monday</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/20/Aust_share_market_to_open_flat_on_Monday_752107.html</link>
      <description>Aust share market is likely to open flat on Monday as markets continue to be affected by euro zone troubles.</description>
      <pubDate>Sun, 20 May 2012 03:19:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/20/Aust_share_market_to_open_flat_on_Monday_752107.html</guid>
    </item>
    <item>
      <title>Facebook stock jumps in public debut</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/19/Facebook_stock_jumps_in_public_debut_751753.html</link>
      <description>Facebook is now a public company as its stocks surge to $US42.05 on debut.</description>
      <pubDate>Fri, 18 May 2012 20:25:08 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/19/Facebook_stock_jumps_in_public_debut_751753.html</guid>
    </item>
    <item>
      <title>NZ 'runaway millionairess' found guilty</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/NZ_runaway_millionairess_found_guilty_751648.html</link>
      <description>A woman has been found guilty of charges relating to an $NZ10m ($A7.78m) banking overdraft error by Westpac.</description>
      <pubDate>Fri, 18 May 2012 10:46:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/NZ_runaway_millionairess_found_guilty_751648.html</guid>
    </item>
    <item>
      <title>Gillard talks up Australian economy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Gillard_talks_up_Australian_economy_751646.html</link>
      <description>Julia Gillard attended a ground-breaking ceremony in Darwin for a $34 billion LNG project by Japan's Inpex.</description>
      <pubDate>Fri, 18 May 2012 10:46:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Gillard_talks_up_Australian_economy_751646.html</guid>
    </item>
    <item>
      <title>Retravision in talks over financial woes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Retravision_in_talks_over_financial_woes_751645.html</link>
      <description>Retravision is believed to be facing serious cashflow issues that have left some suppliers unpaid for stock.</description>
      <pubDate>Fri, 18 May 2012 10:46:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Retravision_in_talks_over_financial_woes_751645.html</guid>
    </item>
    <item>
      <title>Ten negotiating sale of Eye Corp</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Ten_negotiating_sale_of_Eye_Corp_751643.html</link>
      <description>Ten Network Holdings is negotiating the sale its outdoor advertising business Eye Corp.</description>
      <pubDate>Fri, 18 May 2012 10:46:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Ten_negotiating_sale_of_Eye_Corp_751643.html</guid>
    </item>
    <item>
      <title>ResMed to start paying dividends</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/ResMed_to_start_paying_dividends_751641.html</link>
      <description>Sleep disorder equipment supplier ResMed will begin paying dividends next financial year.</description>
      <pubDate>Fri, 18 May 2012 10:46:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/ResMed_to_start_paying_dividends_751641.html</guid>
    </item>
    <item>
      <title>Credit markets 'closing' amid Euro woes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Credit_markets_closing_amid_Euro_woes_751640.html</link>
      <description>ANZ chief executive Mike Smith says credit markets are already closing in response to Europe's debt crisis.</description>
      <pubDate>Fri, 18 May 2012 10:46:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Credit_markets_closing_amid_Euro_woes_751640.html</guid>
    </item>
    <item>
      <title>HP poised to cut up to 30,000 jobs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/HP_poised_to_cut_up_to_30000_jobs_751638.html</link>
      <description>Reports say Hewlett-Packard is poised to eliminate jobs to help offset dwindling demand for PCs.</description>
      <pubDate>Fri, 18 May 2012 10:46:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/HP_poised_to_cut_up_to_30000_jobs_751638.html</guid>
    </item>
    <item>
      <title>Investors in for a bumpy ride</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Investors_in_for_a_bumpy_ride_751637.html</link>
      <description>Australian shares reached their lowest level for 2012 on Friday in response to falls on European markets.</description>
      <pubDate>Fri, 18 May 2012 10:45:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Investors_in_for_a_bumpy_ride_751637.html</guid>
    </item>
    <item>
      <title>$A a chance of getting back above parity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/A_a_chance_of_getting_back_above_parity_751628.html</link>
      <description>The Aust dollar could be trading as low as 84.00 US cents, or as high as 106.00 US cents by the end of 2012.</description>
      <pubDate>Fri, 18 May 2012 09:41:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/A_a_chance_of_getting_back_above_parity_751628.html</guid>
    </item>
    <item>
      <title>Aust stocks close sharply lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_close_sharply_lower_751627.html</link>
      <description>The Aust share market fell sharply to its lowest level for six months as investors fear euro zone troubles.</description>
      <pubDate>Fri, 18 May 2012 09:41:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_close_sharply_lower_751627.html</guid>
    </item>
    <item>
      <title>Aust shares close at 2012 all time low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_close_at_2012_all_time_low_751598.html</link>
      <description>Aust shares have closed at their lowest level for 2012 in response to falls on Europe's main stock markets.</description>
      <pubDate>Fri, 18 May 2012 06:55:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_close_at_2012_all_time_low_751598.html</guid>
    </item>
    <item>
      <title>Aust stocks continue to tumble</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_continue_to_tumble_751538.html</link>
      <description>Australian stocks continued to tumble at noon after local investors panicked over the debt crisis in Europe.</description>
      <pubDate>Fri, 18 May 2012 03:33:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_stocks_continue_to_tumble_751538.html</guid>
    </item>
    <item>
      <title>Spanish bank woes send $A lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Spanish_bank_woes_send_A_lower_751537.html</link>
      <description>The Aust dollar has fallen to an six month low as fears of a worsening Euro debt crisis hit global markets.</description>
      <pubDate>Fri, 18 May 2012 03:33:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Spanish_bank_woes_send_A_lower_751537.html</guid>
    </item>
    <item>
      <title>Aust shares open lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_open_lower_751493.html</link>
      <description>Australian stocks have opened more than 1.5 per cent lower following more big falls on Wall Street.</description>
      <pubDate>Fri, 18 May 2012 00:54:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Aust_shares_open_lower_751493.html</guid>
    </item>
    <item>
      <title>$A down on Euro fears</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/A_down_on_Euro_fears_751459.html</link>
      <description>The Aussie dollar has fallen below 99 US cents amid Eurozone fears.</description>
      <pubDate>Thu, 17 May 2012 22:24:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/A_down_on_Euro_fears_751459.html</guid>
    </item>
    <item>
      <title>Big banks to raise $572bn, Fitch</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Big_banks_to_raise_572bn_Fitch_751440.html</link>
      <description>Fitch Ratings has warned new Basel III rules could crimp banks' ability to increase dividends.</description>
      <pubDate>Thu, 17 May 2012 21:14:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Big_banks_to_raise_572bn_Fitch_751440.html</guid>
    </item>
    <item>
      <title>Facebook shares to sell for $US38</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Facebook_shares_to_sell_for_US38_751439.html</link>
      <description>Facebook says it's priced its initial public offering of stock at $US38 per share.</description>
      <pubDate>Thu, 17 May 2012 21:13:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Facebook_shares_to_sell_for_US38_751439.html</guid>
    </item>
    <item>
      <title>UK urges action to resolve euro crisis</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/UK_urges_action_to_resolve_euro_crisis_751405.html</link>
      <description>British PM David Cameron has urged Europe to sort out its currency crisis.</description>
      <pubDate>Thu, 17 May 2012 18:54:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/UK_urges_action_to_resolve_euro_crisis_751405.html</guid>
    </item>
    <item>
      <title>Holden announces new export car</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Holden_announces_new_export_car_751404.html</link>
      <description>Holdens are to make a return to the US with the production of a new Chevrolet SS performance sedan.</description>
      <pubDate>Thu, 17 May 2012 18:54:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Holden_announces_new_export_car_751404.html</guid>
    </item>
    <item>
      <title>US unemployment aid applications steady</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/US_unemployment_aid_applications_steady_751403.html</link>
      <description>The number of Americans seeking unemployment benefits was unchanged last week.</description>
      <pubDate>Thu, 17 May 2012 18:54:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/US_unemployment_aid_applications_steady_751403.html</guid>
    </item>
    <item>
      <title>Brent oil price hits six-month lows</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Brent_oil_price_hits_six-month_lows_751402.html</link>
      <description>The price of Brent crude has retreated, hitting the lowest level for over five months.</description>
      <pubDate>Thu, 17 May 2012 18:54:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Brent_oil_price_hits_six-month_lows_751402.html</guid>
    </item>
    <item>
      <title>Buffett buys up US newspapers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Buffett_buys_up_US_newspapers_751401.html</link>
      <description>Warren Buffett's company has agreed to buy 63 newspapers from Media General Inc for $US142 million.</description>
      <pubDate>Thu, 17 May 2012 18:54:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Buffett_buys_up_US_newspapers_751401.html</guid>
    </item>
    <item>
      <title>Fitch downgrades Greece</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/18/Fitch_downgrades_Greece_751400.html</link>
      <description>Fitch ratings agency has downgraded crisis-hit Greece by one notch to CCC.</description>
      <pubDate>Thu, 17 May 2012 18:54:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/18/Fitch_downgrades_Greece_751400.html</guid>
    </item>
    <item>
      <title>BHP Billiton backs away from venture</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/BHP_Billiton_backs_away_from_venture_751311.html</link>
      <description>BHP Billiton has withdrawn from its Alita prospecting joint venture following a drilling campaign review.</description>
      <pubDate>Thu, 17 May 2012 09:35:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/BHP_Billiton_backs_away_from_venture_751311.html</guid>
    </item>
    <item>
      <title>Consumer inflation expectations down</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Consumer_inflation_expectations_down_751310.html</link>
      <description>The Melbourne Institute survey of consumer inflationary expectations declined 0.2% to 3.1%in May.</description>
      <pubDate>Thu, 17 May 2012 09:35:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Consumer_inflation_expectations_down_751310.html</guid>
    </item>
    <item>
      <title>Consumers struggle to pay off credit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Consumers_struggle_to_pay_off_credit_751309.html</link>
      <description>Veda's latest Australian Debt Survey shows more than 2.7 million Australians struggle to repay credit.</description>
      <pubDate>Thu, 17 May 2012 09:35:09 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Consumers_struggle_to_pay_off_credit_751309.html</guid>
    </item>
    <item>
      <title>SydAirport reaffirms guidance</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/SydAirport_reaffirms_guidance_751308.html</link>
      <description>Sydney Airport has reaffirmed distribution guidance at 21 cents per stapled security for calendar 2012.</description>
      <pubDate>Thu, 17 May 2012 09:35:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/SydAirport_reaffirms_guidance_751308.html</guid>
    </item>
    <item>
      <title>Leighton reviewing disclosure methods</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Leighton_reviewing_disclosure_methods_751307.html</link>
      <description>Leighton Holdings has appointed independent consultants to review its disclosure procedures.</description>
      <pubDate>Thu, 17 May 2012 09:35:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Leighton_reviewing_disclosure_methods_751307.html</guid>
    </item>
    <item>
      <title>Japan Jan-March GDP up 1pc</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Japan_Jan-March_GDP_up_1pc_751306.html</link>
      <description>Japan's economy grew by 1 per cent in the January to March quarter compared with the previous three months.</description>
      <pubDate>Thu, 17 May 2012 09:35:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Japan_Jan-March_GDP_up_1pc_751306.html</guid>
    </item>
    <item>
      <title>Ave weekly earnings up 1.1pc</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Ave_weekly_earnings_up_11pc_751305.html</link>
      <description>Latest figures show average weekly earnings for adults working full time rose by just over one per cent.</description>
      <pubDate>Thu, 17 May 2012 09:34:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Ave_weekly_earnings_up_11pc_751305.html</guid>
    </item>
    <item>
      <title>WA surplus to hit low point in 2012-13</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/WA_surplus_to_hit_low_point_in_2012-13_751304.html</link>
      <description>The WA govt forecasts surpluses for the current and next four financial years but expects a dip in 2012/13.</description>
      <pubDate>Thu, 17 May 2012 09:34:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/WA_surplus_to_hit_low_point_in_2012-13_751304.html</guid>
    </item>
    <item>
      <title>Australia set to be No 1 in LNG- Exxon</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Australia_set_to_be_No_1_in_LNG-_Exxon_751303.html</link>
      <description>Exxon Mobil says Australia should be the world's biggest exporter of LNG by the end of the decade.</description>
      <pubDate>Thu, 17 May 2012 09:34:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Australia_set_to_be_No_1_in_LNG-_Exxon_751303.html</guid>
    </item>
    <item>
      <title>CBA set to post first $7b bank profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7b_bank_profit_751302.html</link>
      <description>Commonwealth Bank of Australia is on track to be the first of the big four to post a $7 billion FY profit.</description>
      <pubDate>Thu, 17 May 2012 09:34:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7b_bank_profit_751302.html</guid>
    </item>
    <item>
      <title>Star keen to move on from Vaikunta saga</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Star_keen_to_move_on_from_Vaikunta_saga_751301.html</link>
      <description>Sydney's Star casino has been cleared of any wrongdoing in handling the sacking of former boss Sid Vaikunta.</description>
      <pubDate>Thu, 17 May 2012 09:34:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Star_keen_to_move_on_from_Vaikunta_saga_751301.html</guid>
    </item>
    <item>
      <title>$A rises after Fed hints about stimulus</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/A_rises_after_Fed_hints_about_stimulus_751292.html</link>
      <description>The Aust dollar is higher but below parity, after the US Fed Reserve said it may stimulate the US economy.</description>
      <pubDate>Thu, 17 May 2012 08:37:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/A_rises_after_Fed_hints_about_stimulus_751292.html</guid>
    </item>
    <item>
      <title>Aust stocks close slightly lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_close_slightly_lower_751291.html</link>
      <description>The Aust share market closed slightly lower as Asian markets rallied and concerns about Greece's eased.</description>
      <pubDate>Thu, 17 May 2012 08:37:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_close_slightly_lower_751291.html</guid>
    </item>
    <item>
      <title>CBA set to post first $7bn bank profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7bn_bank_profit_751263.html</link>
      <description>The CBA is on track to be the first of the big four to post a $7 billion full  year profit.</description>
      <pubDate>Thu, 17 May 2012 06:48:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_set_to_post_first_7bn_bank_profit_751263.html</guid>
    </item>
    <item>
      <title>$A higher in quiet trade</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_in_quiet_trade_751201.html</link>
      <description>The Aust dollar has moved higher in a quiet trading day, but remains below parity with its US counterpart.</description>
      <pubDate>Thu, 17 May 2012 03:36:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_in_quiet_trade_751201.html</guid>
    </item>
    <item>
      <title>Aust stocks fall again</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_fall_again_751198.html</link>
      <description>The Australian market had lost value by noon, following weak overnight leads from the US and Europe.</description>
      <pubDate>Thu, 17 May 2012 03:33:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_stocks_fall_again_751198.html</guid>
    </item>
    <item>
      <title>Casino cleared over investigation</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Casino_cleared_over_investigation_751168.html</link>
      <description>Star casino has been cleared of wrongdoing over its investigation of sexual harassment claims.</description>
      <pubDate>Thu, 17 May 2012 01:38:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Casino_cleared_over_investigation_751168.html</guid>
    </item>
    <item>
      <title>Gold futures slump</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Gold_futures_slump_751140.html</link>
      <description>Gold futures on Wednesday slumped for the 11th time in 13 trading sessions, ending at a 10-month low.</description>
      <pubDate>Thu, 17 May 2012 00:52:09 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Gold_futures_slump_751140.html</guid>
    </item>
    <item>
      <title>Greece worries sink US markets</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Greece_worries_sink_US_markets_751139.html</link>
      <description>US stocks gave up early gains on positive US economic data to sink lower Wednesday.</description>
      <pubDate>Thu, 17 May 2012 00:52:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Greece_worries_sink_US_markets_751139.html</guid>
    </item>
    <item>
      <title>Copper closes lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Copper_closes_lower_751138.html</link>
      <description>Copper closed lower on the London Metal Exchange Wednesday.</description>
      <pubDate>Thu, 17 May 2012 00:52:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Copper_closes_lower_751138.html</guid>
    </item>
    <item>
      <title>Oil under pressure from eurozone crisis</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Oil_under_pressure_from_eurozone_crisis_751137.html</link>
      <description>Oil prices are backing away from multi-month lows.</description>
      <pubDate>Thu, 17 May 2012 00:52:03 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Oil_under_pressure_from_eurozone_crisis_751137.html</guid>
    </item>
    <item>
      <title>Holden export deal to be unveiled</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Holden_export_deal_to_be_unveiled_751136.html</link>
      <description>Holden is expected to unveil a new export program for the iconic Commodore.</description>
      <pubDate>Thu, 17 May 2012 00:52:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Holden_export_deal_to_be_unveiled_751136.html</guid>
    </item>
    <item>
      <title>IAG to review its UK business</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/IAG_to_review_its_UK_business_751135.html</link>
      <description>IAG has begun a strategic review of its business in the UK, possibly paving the way for its sale.</description>
      <pubDate>Thu, 17 May 2012 00:51:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/IAG_to_review_its_UK_business_751135.html</guid>
    </item>
    <item>
      <title>CBA posts $1.7b quarterly profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_posts_17b_quarterly_profit_751134.html</link>
      <description>Commonwealth Bank of Australia has posted a profit of $1.7 billion for the three months to March.</description>
      <pubDate>Thu, 17 May 2012 00:51:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/CBA_posts_17b_quarterly_profit_751134.html</guid>
    </item>
    <item>
      <title>Aust shares open marginally higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_shares_open_marginally_higher_751132.html</link>
      <description>Aust stocks opened marginally higher after the CBA posted $A 1.7 bil profit for the three months to March.</description>
      <pubDate>Thu, 17 May 2012 00:50:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/Aust_shares_open_marginally_higher_751132.html</guid>
    </item>
    <item>
      <title>$A higher on positive US housing data</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_on_positive_US_housing_data_751105.html</link>
      <description>The Aussie dollar has moved back above 99 US cents following the release of positive American housing  data.</description>
      <pubDate>Wed, 16 May 2012 21:52:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/A_higher_on_positive_US_housing_data_751105.html</guid>
    </item>
    <item>
      <title>$A slightly higher despite Greek woes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/17/A_slightly_higher_despite_Greek_woes_751087.html</link>
      <description>The Australian dollar has moved back above 99 US cents despite a continuing slump in global stock markets.</description>
      <pubDate>Wed, 16 May 2012 20:57:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/17/A_slightly_higher_despite_Greek_woes_751087.html</guid>
    </item>
    <item>
      <title>Lend Lease cautious on outlook</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Lend_Lease_cautious_on_outlook_751038.html</link>
      <description>Lend Lease says there are signs of recovery in global construction markets but remains cautious.</description>
      <pubDate>Wed, 16 May 2012 12:37:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Lend_Lease_cautious_on_outlook_751038.html</guid>
    </item>
    <item>
      <title>Westfield distribution remains unchanged</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_remains_unchanged_750970.html</link>
      <description>Westfield says its forecast distribution for the 2012 year remains unchanged as specialty store sales grew.</description>
      <pubDate>Wed, 16 May 2012 09:24:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_remains_unchanged_750970.html</guid>
    </item>
    <item>
      <title>$A down one US cent as Greek poll looms</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/A_down_one_US_cent_as_Greek_poll_looms_750983.html</link>
      <description>The Australian dollar has fallen back below parity for the third time in as many days.</description>
      <pubDate>Wed, 16 May 2012 08:54:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/A_down_one_US_cent_as_Greek_poll_looms_750983.html</guid>
    </item>
    <item>
      <title>Sonic to buy Healthscope assets</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Sonic_to_buy_Healthscope_assets_750974.html</link>
      <description>Sonic Healthcare says it will buy Healthscope's pathology businesses in the ACT and three Aust states.</description>
      <pubDate>Wed, 16 May 2012 08:31:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Sonic_to_buy_Healthscope_assets_750974.html</guid>
    </item>
    <item>
      <title>Milk price to dip as production rises</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Milk_price_to_dip_as_production_rises_750973.html</link>
      <description>National milk production is the highest it has been for a decade.</description>
      <pubDate>Wed, 16 May 2012 08:31:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Milk_price_to_dip_as_production_rises_750973.html</guid>
    </item>
    <item>
      <title>Housing recovery hard to predict-CSR</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Housing_recovery_hard_to_predict-CSR_750972.html</link>
      <description>CSR expects Australia's housing construction market to remain bleak for the foreseeable future.</description>
      <pubDate>Wed, 16 May 2012 08:31:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Housing_recovery_hard_to_predict-CSR_750972.html</guid>
    </item>
    <item>
      <title>BHP chairman cuts expenditure outlook</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/BHP_chairman_cuts_expenditure_outlook_750971.html</link>
      <description>BHP Billiton chairman Jacques Nasser says the global miner will not spend the $80bn on growth projects.</description>
      <pubDate>Wed, 16 May 2012 08:31:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/BHP_chairman_cuts_expenditure_outlook_750971.html</guid>
    </item>
    <item>
      <title>SP Ausnet profit boosted</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/SP_Ausnet_profit_boosted_750936.html</link>
      <description>SP AusNet's full year profit has risen to $253 million due partly to higher electricity prices.</description>
      <pubDate>Wed, 16 May 2012 06:50:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/SP_Ausnet_profit_boosted_750936.html</guid>
    </item>
    <item>
      <title>Casual workers need more rights- ACTU</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Casual_workers_need_more_rights-_ACTU_750943.html</link>
      <description>The ACTU plans to campaign for new laws to give casual workers more protection in job security.</description>
      <pubDate>Wed, 16 May 2012 06:40:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Casual_workers_need_more_rights-_ACTU_750943.html</guid>
    </item>
    <item>
      <title>Japan to pay $US4.4bn for WA LNG stake</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Japan_to_pay_US44bn_for_WA_LNG_stake_750942.html</link>
      <description>Japan's government and several major firms are to buy a 10 per cent stake in an Aust natural gas field.</description>
      <pubDate>Wed, 16 May 2012 06:40:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Japan_to_pay_US44bn_for_WA_LNG_stake_750942.html</guid>
    </item>
    <item>
      <title>Gas industry told to act defensively</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Gas_industry_told_to_act_defensively_750941.html</link>
      <description>The gas industry must not gouge its customers if it wants a credible voice in the Aust gas debate.</description>
      <pubDate>Wed, 16 May 2012 06:40:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Gas_industry_told_to_act_defensively_750941.html</guid>
    </item>
    <item>
      <title>Budget to hurt small firms- Hockey</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Budget_to_hurt_small_firms-_Hockey_750940.html</link>
      <description>Shadow treasurer Joe Hockey says the federal budget has nothing to compensate small businesses.</description>
      <pubDate>Wed, 16 May 2012 06:40:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Budget_to_hurt_small_firms-_Hockey_750940.html</guid>
    </item>
    <item>
      <title>NSW govt to meet with Hilliers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/NSW_govt_to_meet_with_Hilliers_750939.html</link>
      <description>NSW public housing projects are in question after the voluntary administration of St Hilliers Construction.</description>
      <pubDate>Wed, 16 May 2012 06:40:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/NSW_govt_to_meet_with_Hilliers_750939.html</guid>
    </item>
    <item>
      <title>Toll shares plunge amid earnings gloom</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Toll_shares_plunge_amid_earnings_gloom_750938.html</link>
      <description>Transport and logistics group Toll Holdings has warned of lower earnings in 2012</description>
      <pubDate>Wed, 16 May 2012 06:40:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Toll_shares_plunge_amid_earnings_gloom_750938.html</guid>
    </item>
    <item>
      <title>Wages, sentiment data vindicate rate cut</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Wages_sentiment_data_vindicate_rate_cut_750937.html</link>
      <description>Steady wages growth and stagnation in lending factor into the vindication of last week's interest rate cut.</description>
      <pubDate>Wed, 16 May 2012 06:40:39 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Wages_sentiment_data_vindicate_rate_cut_750937.html</guid>
    </item>
    <item>
      <title>Australian shares close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_close_lower_750923.html</link>
      <description>Australian stocks closed at a two-month low, after one of its sharpest one-day percentage falls this year.</description>
      <pubDate>Wed, 16 May 2012 06:28:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_close_lower_750923.html</guid>
    </item>
    <item>
      <title>Consumer confidence up slightly in May</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Consumer_confidence_up_slightly_in_May_750864.html</link>
      <description>Consumer confidence has posted a modest rise after the RBA provided a large cut to the cash rate on May 1.</description>
      <pubDate>Wed, 16 May 2012 03:11:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Consumer_confidence_up_slightly_in_May_750864.html</guid>
    </item>
    <item>
      <title>$A lower as Greek heads for election</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/A_lower_as_Greek_heads_for_election_750856.html</link>
      <description>The Australian dollar has traded in a narrow range after falling sharply overnight.</description>
      <pubDate>Wed, 16 May 2012 03:01:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/A_lower_as_Greek_heads_for_election_750856.html</guid>
    </item>
    <item>
      <title>Australian stocks lower at noon</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_stocks_lower_at_noon_750851.html</link>
      <description>Aust stocks were down close to two per cent at noon with resources-linked sectors doing it toughest.</description>
      <pubDate>Wed, 16 May 2012 02:28:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_stocks_lower_at_noon_750851.html</guid>
    </item>
    <item>
      <title>Westfield distribution steady on sales</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_steady_on_sales_750843.html</link>
      <description>Shopping centre giant Westfield Group says its forecast distribution for the 2012 year remains unchanged.</description>
      <pubDate>Wed, 16 May 2012 02:08:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Westfield_distribution_steady_on_sales_750843.html</guid>
    </item>
    <item>
      <title>Australian shares open lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_open_lower_750826.html</link>
      <description>The Australian share market has opened lower on Wednesday after overnight falls on Wall Street.</description>
      <pubDate>Wed, 16 May 2012 00:47:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_shares_open_lower_750826.html</guid>
    </item>
    <item>
      <title>Greek political uncertainty to continue</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Greek_political_uncertainty_to_continue_750818.html</link>
      <description>Greece is heading into a new month of political uncertainty after power-sharing talks collapsed.</description>
      <pubDate>Wed, 16 May 2012 00:14:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Greek_political_uncertainty_to_continue_750818.html</guid>
    </item>
    <item>
      <title>Gold Coast Airport plan approved</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Gold_Coast_Airport_plan_approved_750805.html</link>
      <description>Federal Transport Minister Anthony Albanese says he has approved the Gold Coast Airport master plan.</description>
      <pubDate>Tue, 15 May 2012 23:51:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Gold_Coast_Airport_plan_approved_750805.html</guid>
    </item>
    <item>
      <title>CSR warns of glum housing market</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/CSR_warns_of_glum_housing_market_750799.html</link>
      <description>Building products group CSR fears Australia's housing construction industry will remain in the doldrums.</description>
      <pubDate>Tue, 15 May 2012 23:47:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/CSR_warns_of_glum_housing_market_750799.html</guid>
    </item>
    <item>
      <title>Prison builder goes into liquidation</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Prison_builder_goes_into_liquidation_750797.html</link>
      <description>St Hilliers, the company building a $350 million expansion of a Victorian prison, has gone into liquidation.</description>
      <pubDate>Tue, 15 May 2012 23:44:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Prison_builder_goes_into_liquidation_750797.html</guid>
    </item>
    <item>
      <title>JPMorgan's CEO apologises over huge loss</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/JPMorgans_CEO_apologises_over_huge_loss_750790.html</link>
      <description>The CEO of JPMorgan Chase has apologised to shareholders for the company's $US2 billion trading loss.</description>
      <pubDate>Tue, 15 May 2012 23:35:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/JPMorgans_CEO_apologises_over_huge_loss_750790.html</guid>
    </item>
    <item>
      <title>Facebook share demand forces up price</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Facebook_share_demand_forces_up_price_750786.html</link>
      <description>Facebook's flotation is set to be even bigger than expected, with the company increasing the price of stock.</description>
      <pubDate>Tue, 15 May 2012 23:30:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Facebook_share_demand_forces_up_price_750786.html</guid>
    </item>
    <item>
      <title>$A down as Greek talks fail</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/A_down_as_Greek_talks_fail_750768.html</link>
      <description>Australian dollar is almost 0.7 of a US cent lower after talks between Greece's political parties failed.</description>
      <pubDate>Tue, 15 May 2012 22:49:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/A_down_as_Greek_talks_fail_750768.html</guid>
    </item>
    <item>
      <title>Australian market preview</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_market_preview_750767.html</link>
      <description>Aust market looks set to open lower following falls on US markets overnight and political turmoil in Greece.</description>
      <pubDate>Tue, 15 May 2012 22:48:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Australian_market_preview_750767.html</guid>
    </item>
    <item>
      <title>Hollande, Merkel pledge to seek growth</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Hollande_Merkel_pledge_to_seek_growth_750761.html</link>
      <description>Angela Merkel and Francois Hollande have agreed to discuss ideas for generating economic growth in Europe.</description>
      <pubDate>Tue, 15 May 2012 22:32:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Hollande_Merkel_pledge_to_seek_growth_750761.html</guid>
    </item>
    <item>
      <title>Mirabela to raise $120m from investors</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Mirabela_to_raise_120m_from_investors_750697.html</link>
      <description>Beleaguered miner Mirabela Nickel is seeking to raise as much as $120 million in capital from investors.</description>
      <pubDate>Tue, 15 May 2012 19:33:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Mirabela_to_raise_120m_from_investors_750697.html</guid>
    </item>
    <item>
      <title>Media pushed at open door - Leveson</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Media_pushed_at_open_door_-_Leveson_750708.html</link>
      <description>The Leveson Inquiry has heard that it was difficult to blame the media for its relations with politicians.</description>
      <pubDate>Tue, 15 May 2012 19:24:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Media_pushed_at_open_door_-_Leveson_750708.html</guid>
    </item>
    <item>
      <title>Many doing it tougher than ever - Salvos</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Many_doing_it_tougher_than_ever_-_Salvos_750698.html</link>
      <description>New research has revealed that Australia's most marginalised are doing it tougher now than ever before.</description>
      <pubDate>Tue, 15 May 2012 19:06:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Many_doing_it_tougher_than_ever_-_Salvos_750698.html</guid>
    </item>
    <item>
      <title>New Greece elections after talks fail</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/New_Greece_elections_after_talks_fail_750693.html</link>
      <description>Greece will hold a new election in June after talks failed to resolve the country's political deadlock.</description>
      <pubDate>Tue, 15 May 2012 19:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/New_Greece_elections_after_talks_fail_750693.html</guid>
    </item>
    <item>
      <title>Angry Brooks baffled by charges</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Angry_Brooks_baffled_by_charges_750695.html</link>
      <description>Ex-News of the World editor Rebekah Brooks says she is baffled after being charged over the hacking scandal.</description>
      <pubDate>Tue, 15 May 2012 19:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Angry_Brooks_baffled_by_charges_750695.html</guid>
    </item>
    <item>
      <title>Aust could be a capital 'safe haven'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Aust_could_be_a_capital_safe_haven_750692.html</link>
      <description>Former treasury secretary Ken Henry says Australia could turn into a safe haven for global capital.</description>
      <pubDate>Tue, 15 May 2012 19:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Aust_could_be_a_capital_safe_haven_750692.html</guid>
    </item>
    <item>
      <title>Russia reports solid economic growth</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Russia_reports_solid_economic_growth_750696.html</link>
      <description>Russia has reported first quarter growth of 4.9 per cent, outpacing the previous year and early estimates.</description>
      <pubDate>Tue, 15 May 2012 19:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Russia_reports_solid_economic_growth_750696.html</guid>
    </item>
    <item>
      <title>ACTU focuses on lack of job security</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/ACTU_focuses_on_lack_of_job_security_750694.html</link>
      <description>The ACTU conference will spend its second day focusing on the lack of job security in Australia.</description>
      <pubDate>Tue, 15 May 2012 19:06:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/ACTU_focuses_on_lack_of_job_security_750694.html</guid>
    </item>
    <item>
      <title>Carbon tax compensation set to flow</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/16/Carbon_tax_compensation_set_to_flow_750691.html</link>
      <description>Compensation to cushion the impact of the carbon tax will start flowing to Australian families on Wednesday.</description>
      <pubDate>Tue, 15 May 2012 19:06:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/16/Carbon_tax_compensation_set_to_flow_750691.html</guid>
    </item>
    <item>
      <title>Tax reform still on the cards-Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards-Swan_750608.html</link>
      <description>Treasurer Wayne Swan will reassure business that tax reform is still on the agenda.</description>
      <pubDate>Tue, 15 May 2012 09:35:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards-Swan_750608.html</guid>
    </item>
    <item>
      <title>ANZ to invest a further $300m in China</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/ANZ_to_invest_a_further_300m_in_China_750606.html</link>
      <description>ANZ will invest an additional $A300 million to support business growth in China.</description>
      <pubDate>Tue, 15 May 2012 09:31:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/ANZ_to_invest_a_further_300m_in_China_750606.html</guid>
    </item>
    <item>
      <title>IMF review Aust banking system</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/IMF_review_Aust_banking_system_750575.html</link>
      <description>IMF officials have arrived in Australia to have a good look at our banking system.</description>
      <pubDate>Tue, 15 May 2012 08:10:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/IMF_review_Aust_banking_system_750575.html</guid>
    </item>
    <item>
      <title>Moody's downgrade Italian banks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Moodys_downgrade_Italian_banks_750573.html</link>
      <description>Moody is downgrading 26 Italian banks to reflect increasingly tough operating conditions.</description>
      <pubDate>Tue, 15 May 2012 08:08:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Moodys_downgrade_Italian_banks_750573.html</guid>
    </item>
    <item>
      <title>$A gets a boost from German growth data</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/A_gets_a_boost_from_German_growth_data_750571.html</link>
      <description>The Aust dollar rose back above parity with the US dollar after it got a boost in late afternoon trade.</description>
      <pubDate>Tue, 15 May 2012 08:06:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/A_gets_a_boost_from_German_growth_data_750571.html</guid>
    </item>
    <item>
      <title>Australian shares close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_shares_close_lower_750550.html</link>
      <description>Australian stocks closed lower on Tuesday, dragged down by a weaker resources sector.</description>
      <pubDate>Tue, 15 May 2012 06:43:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_shares_close_lower_750550.html</guid>
    </item>
    <item>
      <title>Retail gloom hits Kresta earnings</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Retail_gloom_hits_Kresta_earnings_750541.html</link>
      <description>Blinds and curtains maker Kresta expects property sales to bring it back to profitability.</description>
      <pubDate>Tue, 15 May 2012 06:19:36 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Retail_gloom_hits_Kresta_earnings_750541.html</guid>
    </item>
    <item>
      <title>No hints from RBA on rate cuts-economist</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/No_hints_from_RBA_on_rate_cuts-economist_750536.html</link>
      <description>The minutes to the RBA's May board meeting provide no indication of further interest rate cuts.</description>
      <pubDate>Tue, 15 May 2012 06:14:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/No_hints_from_RBA_on_rate_cuts-economist_750536.html</guid>
    </item>
    <item>
      <title>Insurance costs rising for Suncorp</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Insurance_costs_rising_for_Suncorp_750533.html</link>
      <description>Suncorp's insurance costs for the financial year is currently $253 million above its expectations.</description>
      <pubDate>Tue, 15 May 2012 06:09:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Insurance_costs_rising_for_Suncorp_750533.html</guid>
    </item>
    <item>
      <title>CCA announces new beer deals</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/CCA_announces_new_beer_deals_750516.html</link>
      <description>Beverages supplier Coca-Cola Amatil (CCA) has underlined its desire to re-enter the beer market.</description>
      <pubDate>Tue, 15 May 2012 04:46:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/CCA_announces_new_beer_deals_750516.html</guid>
    </item>
    <item>
      <title>Gunns sells hardwood business for $28m</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Gunns_sells_hardwood_business_for_28m_750514.html</link>
      <description>Woodchipper Gunns has struck a deal to sell its hardwood sawn timber business for $28 million</description>
      <pubDate>Tue, 15 May 2012 04:44:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Gunns_sells_hardwood_business_for_28m_750514.html</guid>
    </item>
    <item>
      <title>RBA sets scene for lower rates if needed</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/RBA_sets_scene_for_lower_rates_if_needed_750492.html</link>
      <description>The minutes of the latest RBA monetary policy meeting have left the door open for further rate cuts.</description>
      <pubDate>Tue, 15 May 2012 03:16:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/RBA_sets_scene_for_lower_rates_if_needed_750492.html</guid>
    </item>
    <item>
      <title>Greek woes keep $A below parity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Greek_woes_keep_A_below_parity_750488.html</link>
      <description>The Aust dollar traded in a tight range after concerns about Greece's debt crisis saw it fall below parity.</description>
      <pubDate>Tue, 15 May 2012 03:07:56 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Greek_woes_keep_A_below_parity_750488.html</guid>
    </item>
    <item>
      <title>Greece's woes weigh on Australian shares</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Greeces_woes_weigh_on_Australian_shares_750482.html</link>
      <description>Australian stocks were almost one per cent  lower at noon due to concerns about the future of the euro zone</description>
      <pubDate>Tue, 15 May 2012 02:38:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Greeces_woes_weigh_on_Australian_shares_750482.html</guid>
    </item>
    <item>
      <title>Yahoo ends CEO's tenure minus severance</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Yahoo_ends_CEOs_tenure_minus_severance_750465.html</link>
      <description>Yahoo has ended Scott Thompson's four-month stint as its CEO without giving him a severance package.</description>
      <pubDate>Tue, 15 May 2012 01:51:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Yahoo_ends_CEOs_tenure_minus_severance_750465.html</guid>
    </item>
    <item>
      <title>26 Italian banks have credit ratings cut</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/26_Italian_banks_have_credit_ratings_cut_750464.html</link>
      <description>Moody's has downgraded the debt ratings of 26 Italian banks, as they struggled with the weak economy.</description>
      <pubDate>Tue, 15 May 2012 01:50:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/26_Italian_banks_have_credit_ratings_cut_750464.html</guid>
    </item>
    <item>
      <title>750 rail jobs to go, NSW govt confirms</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/750_rail_jobs_to_go_NSW_govt_confirms_750463.html</link>
      <description>NSW Transport Minister Gladys Berejiklian has confirmed that 750 RailCorp jobs will be axed.</description>
      <pubDate>Tue, 15 May 2012 01:50:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/750_rail_jobs_to_go_NSW_govt_confirms_750463.html</guid>
    </item>
    <item>
      <title>EU pleads with Greece to stay the course</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/EU_pleads_with_Greece_to_stay_the_course_750462.html</link>
      <description>Leading European Union finance officials have promised to stand by Greece as a member of the eurozone.</description>
      <pubDate>Tue, 15 May 2012 01:50:39 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/EU_pleads_with_Greece_to_stay_the_course_750462.html</guid>
    </item>
    <item>
      <title>Pac Brands says no takeover, for now</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Pac_Brands_says_no_takeover_for_now_750461.html</link>
      <description>Clothing and footwear maker Pacific Brands says a takeover is unlikely to happen in the near future.</description>
      <pubDate>Tue, 15 May 2012 01:50:38 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Pac_Brands_says_no_takeover_for_now_750461.html</guid>
    </item>
    <item>
      <title>Westpac cuts fixed mortgage rates</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Westpac_cuts_fixed_mortgage_rates_750460.html</link>
      <description>Westpac has cut its interest rates on its short term fixed rate home loans by up to 0.2 per cent.</description>
      <pubDate>Tue, 15 May 2012 01:50:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Westpac_cuts_fixed_mortgage_rates_750460.html</guid>
    </item>
    <item>
      <title>CCA expects higher underlying profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/CCA_expects_higher_underlying_profit_750459.html</link>
      <description>Coca-Cola Amatil says it expects a higher underlying profit in the first half of the 2012 calendar year.</description>
      <pubDate>Tue, 15 May 2012 01:50:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/CCA_expects_higher_underlying_profit_750459.html</guid>
    </item>
    <item>
      <title>Australian stocks open lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_stocks_open_lower_750444.html</link>
      <description>Australian stocks opened lower, with local market players taking their cues from a poor night on Wall St.</description>
      <pubDate>Tue, 15 May 2012 01:14:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_stocks_open_lower_750444.html</guid>
    </item>
    <item>
      <title>Australian market preview</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_market_preview_750404.html</link>
      <description>The Australian market looks set to open lower following falls on US markets overnight.</description>
      <pubDate>Mon, 14 May 2012 22:36:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_market_preview_750404.html</guid>
    </item>
    <item>
      <title>$A below parity as Greek fears mount</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/A_below_parity_as_Greek_fears_mount_750403.html</link>
      <description>$A has fallen back below parity with its US counterpart as fears mount that Greece will exit the euro zone.</description>
      <pubDate>Mon, 14 May 2012 22:36:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/A_below_parity_as_Greek_fears_mount_750403.html</guid>
    </item>
    <item>
      <title>Beef farmers seek compo over export ban</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Beef_farmers_seek_compo_over_export_ban_750368.html</link>
      <description>Beef producers are reportedly seeking hundreds of  millions from the government in compensation.</description>
      <pubDate>Mon, 14 May 2012 20:24:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Beef_farmers_seek_compo_over_export_ban_750368.html</guid>
    </item>
    <item>
      <title>Mummy and Daddy work too much, says kids</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Mummy_and_Daddy_work_too_much_says_kids_750360.html</link>
      <description>New research shows many children feel their parents are working too much and it is impacting on family time.</description>
      <pubDate>Mon, 14 May 2012 20:04:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Mummy_and_Daddy_work_too_much_says_kids_750360.html</guid>
    </item>
    <item>
      <title>Rebekah Brooks to learn of charges</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Rebekah_Brooks_to_learn_of_charges_750328.html</link>
      <description>Former News International CEO Rebekah Brooks is set to learn of any charges over the phone hacking scandal.</description>
      <pubDate>Mon, 14 May 2012 19:19:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Rebekah_Brooks_to_learn_of_charges_750328.html</guid>
    </item>
    <item>
      <title>Women not on Aust CEOs radar - report</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Women_not_on_Aust_CEOs_radar_-_report_750327.html</link>
      <description>More than two-thirds of Australia's CEOs say they have no plans to ensure females fill senior positions.</description>
      <pubDate>Mon, 14 May 2012 19:18:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Women_not_on_Aust_CEOs_radar_-_report_750327.html</guid>
    </item>
    <item>
      <title>India inflation posts surprise jump</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/India_inflation_posts_surprise_jump_750318.html</link>
      <description>India's inflation unexpectedly accelerated in April, with the Wholesale Price Index rising to 7.23 per cent.</description>
      <pubDate>Mon, 14 May 2012 19:05:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/India_inflation_posts_surprise_jump_750318.html</guid>
    </item>
    <item>
      <title>Obama ad attacks Romney's jobs record</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Obama_ad_attacks_Romneys_jobs_record_750317.html</link>
      <description>US President Barack Obama has opened a new advertising assault on Mitt Romney's record as a businessman.</description>
      <pubDate>Mon, 14 May 2012 19:05:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Obama_ad_attacks_Romneys_jobs_record_750317.html</guid>
    </item>
    <item>
      <title>Yahoo's Thompson reportedly has cancer</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Yahoos_Thompson_reportedly_has_cancer_750316.html</link>
      <description>Former Yahoo CEO Scott Thompson, who recently resigned from the post, reportedly has thyroid cancer.</description>
      <pubDate>Mon, 14 May 2012 19:05:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Yahoos_Thompson_reportedly_has_cancer_750316.html</guid>
    </item>
    <item>
      <title>News Corp buys into Chinese film group</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/News_Corp_buys_into_Chinese_film_group_750315.html</link>
      <description>Chinese film distributor Bona Film Group says it has agreed to sell News Corp a stake in the company.</description>
      <pubDate>Mon, 14 May 2012 19:05:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/News_Corp_buys_into_Chinese_film_group_750315.html</guid>
    </item>
    <item>
      <title>JPMorgan exec sacked over trade strategy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/JPMorgan_exec_sacked_over_trade_strategy_750314.html</link>
      <description>The executive responsible for trading strategy at JPMorgan has been sacked following the bank's $US2b loss.</description>
      <pubDate>Mon, 14 May 2012 19:05:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/JPMorgan_exec_sacked_over_trade_strategy_750314.html</guid>
    </item>
    <item>
      <title>Greek parties begin coalition talks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Greek_parties_begin_coalition_talks_750313.html</link>
      <description>Greek political parties have begun fresh talks on forming a coalition that supports an EU-IMF bailout.</description>
      <pubDate>Mon, 14 May 2012 19:05:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Greek_parties_begin_coalition_talks_750313.html</guid>
    </item>
    <item>
      <title>NSW govt to cut 750 RailCorp jobs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/NSW_govt_to_cut_750_RailCorp_jobs_750312.html</link>
      <description>RailCorp jobs are expected to be cut as the NSW government begins an overhaul of Sydney's rail network.</description>
      <pubDate>Mon, 14 May 2012 19:05:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/NSW_govt_to_cut_750_RailCorp_jobs_750312.html</guid>
    </item>
    <item>
      <title>Australian consumers in crisis mode</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_consumers_in_crisis_mode_750311.html</link>
      <description>A survey has found more than half of all Australians feel they have been affected the global downturn.</description>
      <pubDate>Mon, 14 May 2012 19:05:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Australian_consumers_in_crisis_mode_750311.html</guid>
    </item>
    <item>
      <title>Tax reform still on the cards, says Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards_says_Swan_750310.html</link>
      <description>Treasurer Wayne Swan will reassure business the government is still on the case to reform the tax system.</description>
      <pubDate>Mon, 14 May 2012 19:05:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/15/Tax_reform_still_on_the_cards_says_Swan_750310.html</guid>
    </item>
    <item>
      <title>BHP sticks up for shale play</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/BHP_sticks_up_for_shale_play_750261.html</link>
      <description>BHP Billiton's petroleum boss Michael Yeager has defended the company's $20 billion foray into US shale gas.</description>
      <pubDate>Mon, 14 May 2012 11:19:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/BHP_sticks_up_for_shale_play_750261.html</guid>
    </item>
    <item>
      <title>New board member at BHP</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/New_board_member_at_BHP_750259.html</link>
      <description>BHP Billiton has appointed the former head of global chemicals and energy company Sasol to its board.</description>
      <pubDate>Mon, 14 May 2012 11:15:56 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/New_board_member_at_BHP_750259.html</guid>
    </item>
    <item>
      <title>Alesco not a must-do deal  DuluxGroup</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Alesco_not_a_must-do_deal__DuluxGroup_750257.html</link>
      <description>DuluxGroup says its takeover bid for construction products supplier Alesco is not a 'must do' deal.</description>
      <pubDate>Mon, 14 May 2012 11:08:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Alesco_not_a_must-do_deal__DuluxGroup_750257.html</guid>
    </item>
    <item>
      <title>Incitec Pivot to stick with fertilisers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_to_stick_with_fertilisers_750254.html</link>
      <description>Incitec Pivot says it has no plans to drop its fertiliser business despite its lower earnings</description>
      <pubDate>Mon, 14 May 2012 11:00:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_to_stick_with_fertilisers_750254.html</guid>
    </item>
    <item>
      <title>Homebuyers urged to tackle termites</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Homebuyers_urged_to_tackle_termites_750238.html</link>
      <description>The Australian dream of owning your own home can turn into a nightmare with the discovery of termites.</description>
      <pubDate>Mon, 14 May 2012 10:21:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Homebuyers_urged_to_tackle_termites_750238.html</guid>
    </item>
    <item>
      <title>$A falls hits five-month low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_hits_five-month_low_750210.html</link>
      <description>The Australian dollar fell below parity with the US dollar for the first time in almost five months</description>
      <pubDate>Mon, 14 May 2012 09:06:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_hits_five-month_low_750210.html</guid>
    </item>
    <item>
      <title>Leighton, Lend Lease win Vic rail work</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Leighton_Lend_Lease_win_Vic_rail_work_750199.html</link>
      <description>Lend Lease and a Leighton Holdings subsidiary have been awarded work on Victoria's regional rail link.</description>
      <pubDate>Mon, 14 May 2012 08:21:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Leighton_Lend_Lease_win_Vic_rail_work_750199.html</guid>
    </item>
    <item>
      <title>Strike action hurts Paladin's production</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Strike_action_hurts_Paladins_production_750197.html</link>
      <description>Paladin Energy says production at its mine in Malawi has been stalled after local workers walked off the job</description>
      <pubDate>Mon, 14 May 2012 08:15:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Strike_action_hurts_Paladins_production_750197.html</guid>
    </item>
    <item>
      <title>NAB to raise $500m through debt issue</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/NAB_to_raise_500m_through_debt_issue_750181.html</link>
      <description>National Australia Bank will raise up to $500 million by issuing subordinated notes to investors.</description>
      <pubDate>Mon, 14 May 2012 07:03:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/NAB_to_raise_500m_through_debt_issue_750181.html</guid>
    </item>
    <item>
      <title>Aust shares close</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Aust_shares_close_750178.html</link>
      <description>The Australian share market has closed higher, with gains by telco and financial stocks.</description>
      <pubDate>Mon, 14 May 2012 06:41:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Aust_shares_close_750178.html</guid>
    </item>
    <item>
      <title>Rise in finance for new dwellings</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Rise_in_finance_for_new_dwellings_750126.html</link>
      <description>The latest housing finance figures for March contain some  positives for the residential building industry.</description>
      <pubDate>Mon, 14 May 2012 03:19:11 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Rise_in_finance_for_new_dwellings_750126.html</guid>
    </item>
    <item>
      <title>Loan figures confirm housing in doldrums</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Loan_figures_confirm_housing_in_doldrums_750124.html</link>
      <description>The outlook for the housing industry is gloomy after data showing the value of lending to the sector is low.</description>
      <pubDate>Mon, 14 May 2012 03:12:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Loan_figures_confirm_housing_in_doldrums_750124.html</guid>
    </item>
    <item>
      <title>$A falls below parity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_below_parity_750122.html</link>
      <description>The Australian dollar has fallen below parity for the first time in almost five months.</description>
      <pubDate>Mon, 14 May 2012 03:12:13 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/A_falls_below_parity_750122.html</guid>
    </item>
    <item>
      <title>Aussie dollar falls below parity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Aussie_dollar_falls_below_parity_750119.html</link>
      <description>The Australian dollar has fallen below parity with the US dollar for the first time in almost five months.</description>
      <pubDate>Mon, 14 May 2012 03:05:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Aussie_dollar_falls_below_parity_750119.html</guid>
    </item>
    <item>
      <title>Aust stocks open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Aust_stocks_open_higher_750086.html</link>
      <description>Local stocks have opened firmer with market players buoyed by the Chinese central bank.</description>
      <pubDate>Mon, 14 May 2012 00:51:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Aust_stocks_open_higher_750086.html</guid>
    </item>
    <item>
      <title>Incitec Pivot profit drops 13%</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_profit_drops_13_750084.html</link>
      <description>Incitec Pivot's first half profit has dropped by 13 per cent due to lower earnings from fertilisers.</description>
      <pubDate>Mon, 14 May 2012 00:49:06 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Incitec_Pivot_profit_drops_13_750084.html</guid>
    </item>
    <item>
      <title>China move lifts demand for NZ dollar</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/China_move_lifts_demand_for_NZ_dollar_750080.html</link>
      <description>$NZ rose after China cut the cash that banks must set aside for reserves, which may stoke lending in NZ.</description>
      <pubDate>Mon, 14 May 2012 00:40:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/China_move_lifts_demand_for_NZ_dollar_750080.html</guid>
    </item>
    <item>
      <title>DuluxGroup down two per cent</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/DuluxGroup_down_two_per_cent_750079.html</link>
      <description>DuluxGroup has reported a two per cent fall in first half net profit and says it expects it to be higher.</description>
      <pubDate>Mon, 14 May 2012 00:40:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/DuluxGroup_down_two_per_cent_750079.html</guid>
    </item>
    <item>
      <title>Three JPMorgan executives to resign</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Three_JPMorgan_executives_to_resign_750078.html</link>
      <description>Three executives at JPMorgan Chase bank are expected to leave their jobs this week after a trading blunder.</description>
      <pubDate>Mon, 14 May 2012 00:40:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Three_JPMorgan_executives_to_resign_750078.html</guid>
    </item>
    <item>
      <title>JPMorgan admits credibility at stake</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/JPMorgan_admits_credibility_at_stake_750060.html</link>
      <description>JPMorgan Chase's  CEO has admitted that a $US2 billion ($A1.99 billion) loss on derivatives trades.</description>
      <pubDate>Sun, 13 May 2012 23:33:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/JPMorgan_admits_credibility_at_stake_750060.html</guid>
    </item>
    <item>
      <title>$A down on Greek woes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/A_down_on_Greek_woes_750058.html</link>
      <description>The $A has fallen closer to parity with the $US as political turmoil continues in Greece.</description>
      <pubDate>Sun, 13 May 2012 23:28:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/A_down_on_Greek_woes_750058.html</guid>
    </item>
    <item>
      <title>Greek crisis deepens with no deal made</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Greek_crisis_deepens_with_no_deal_made_750045.html</link>
      <description>Greek political party leaders have emerged from emergency cabinet talks with no breakthrough in sight.</description>
      <pubDate>Sun, 13 May 2012 22:51:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Greek_crisis_deepens_with_no_deal_made_750045.html</guid>
    </item>
    <item>
      <title>Avon considering Coty buyout offer</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Avon_considering_Coty_buyout_offer_750005.html</link>
      <description>Avon says it is considering a sweetened buyout offer of almost $US10.7 billion from Coty Inc.</description>
      <pubDate>Sun, 13 May 2012 21:14:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Avon_considering_Coty_buyout_offer_750005.html</guid>
    </item>
    <item>
      <title>Setback for Merkel in German state poll</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Setback_for_Merkel_in_German_state_poll_750003.html</link>
      <description>Voters in a crucial German state have emphatically punished Chancellor Angela Merkel's pro-austerity party.</description>
      <pubDate>Sun, 13 May 2012 21:11:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Setback_for_Merkel_in_German_state_poll_750003.html</guid>
    </item>
    <item>
      <title>Cabinet to finalise living cost savings</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Cabinet_to_finalise_living_cost_savings_750001.html</link>
      <description>Qld cabinet will meet to finalise cost-of-living legislation before the first sitting week of parliament.</description>
      <pubDate>Sun, 13 May 2012 21:06:03 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Cabinet_to_finalise_living_cost_savings_750001.html</guid>
    </item>
    <item>
      <title>Credibility at stake for JPMorgan chief</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Credibility_at_stake_for_JPMorgan_chief_749998.html</link>
      <description>JPMorgan CEO Jamie Dimon has admitted that the $US2b loss on derivatives trades has jeopardised credibility.</description>
      <pubDate>Sun, 13 May 2012 21:02:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Credibility_at_stake_for_JPMorgan_chief_749998.html</guid>
    </item>
    <item>
      <title>Santander to provision 2.7bn euros more</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/14/Santander_to_provision_27bn_euros_more_749984.html</link>
      <description>Spain's Santander's bank says it will have to set aside an additional 2.7b euros to meet new govt reforms.</description>
      <pubDate>Sun, 13 May 2012 20:18:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/14/Santander_to_provision_27bn_euros_more_749984.html</guid>
    </item>
    <item>
      <title>Airlines facing battle to recruit pilots</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/Airlines_facing_battle_to_recruit_pilots_749917.html</link>
      <description>The aviation sector will require thousands of new pilots in the years ahead as more people are flying.</description>
      <pubDate>Sun, 13 May 2012 12:53:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/Airlines_facing_battle_to_recruit_pilots_749917.html</guid>
    </item>
    <item>
      <title>Wong is prepared to make more cuts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/More_cuts_if_needed_for_surplus__Wong_749915.html</link>
      <description>Finance Minister Penny Wong says the government is prepared to make spending cuts to reach budget surplus.</description>
      <pubDate>Sun, 13 May 2012 12:19:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/More_cuts_if_needed_for_surplus__Wong_749915.html</guid>
    </item>
    <item>
      <title>Aust stocks tipped for firm open</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/Aust_stocks_tipped_for_firm_open_749914.html</link>
      <description>Australian stocks are expected to open firmer as players take their cues from Chinese government  moves.</description>
      <pubDate>Sun, 13 May 2012 12:17:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/Aust_stocks_tipped_for_firm_open_749914.html</guid>
    </item>
    <item>
      <title>Jobless rate, budget underly economy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/Jobless_rate_budget_underly_economy_749911.html</link>
      <description>Treasurer Wayne Swan says a drop in the national jobless rate underlies the strength of the domestic economy</description>
      <pubDate>Sun, 13 May 2012 11:56:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/Jobless_rate_budget_underly_economy_749911.html</guid>
    </item>
    <item>
      <title>11 arrested in Bank of England protest</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/11_arrested_in_Bank_of_England_protest_749699.html</link>
      <description>Eleven alleged anti-capitalists from the Occupy movement have been arrested in London for public offences.</description>
      <pubDate>Sat, 12 May 2012 21:10:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/11_arrested_in_Bank_of_England_protest_749699.html</guid>
    </item>
    <item>
      <title>Transport police blitz services</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/Transport_police_blitz_services_749698.html</link>
      <description>NSW transport police have blitzed train, bus and ferry services overnight against anti-social behaviour.</description>
      <pubDate>Sat, 12 May 2012 21:10:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/Transport_police_blitz_services_749698.html</guid>
    </item>
    <item>
      <title>Thousands march in Spain over austerity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/Thousands_march_in_Spain_over_austerity_749693.html</link>
      <description>Spaniards are angered by their grim economic prospects and political handling of the financial crisis.</description>
      <pubDate>Sat, 12 May 2012 21:00:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/Thousands_march_in_Spain_over_austerity_749693.html</guid>
    </item>
    <item>
      <title>1st Fleet owner leaves debts for US</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/13/1st_Fleet_owner_leaves_debts_for_US_749692.html</link>
      <description>The owner of collapsed trucking firm 1st Fleet has reportedly left Australia, leaving 1,000 out of work.</description>
      <pubDate>Sat, 12 May 2012 21:00:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/13/1st_Fleet_owner_leaves_debts_for_US_749692.html</guid>
    </item>
    <item>
      <title>$750M contract for Regional Rail Link</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/12/750M_contract_for_Regional_Rail_Link_749623.html</link>
      <description>A $570 million contract has been announced for rail works between central Melbourne and the western suburbs.</description>
      <pubDate>Sat, 12 May 2012 12:13:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/12/750M_contract_for_Regional_Rail_Link_749623.html</guid>
    </item>
    <item>
      <title>India agrees $US560m artillery deal</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/12/India_agrees_US560m_artillery_deal_749622.html</link>
      <description>The Indian government has agreed to a $A558.4 million deal to buy 145 howitzer guns from  BAE Systems.</description>
      <pubDate>Sat, 12 May 2012 12:13:09 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/12/India_agrees_US560m_artillery_deal_749622.html</guid>
    </item>
    <item>
      <title>Japan companies predict profts jump</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/12/Japan_companies_predict_profts_jump_749621.html</link>
      <description>Publicly traded companies in Japan expect their profit to rise 24 per cent in the current fiscal year.</description>
      <pubDate>Sat, 12 May 2012 12:13:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/12/Japan_companies_predict_profts_jump_749621.html</guid>
    </item>
    <item>
      <title>Nissan's operating profit soars</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/12/Nissans_operating_profit_soars_749620.html</link>
      <description>Nissan's fourth quarter operating profit rose by 33 percent, bringing full-year earnings to $6.8 billion.</description>
      <pubDate>Sat, 12 May 2012 12:12:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/12/Nissans_operating_profit_soars_749620.html</guid>
    </item>
    <item>
      <title>Germany warns Greece on fiscal reforms</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Germany_warns_Greece_on_fiscal_reforms_749381.html</link>
      <description>Germany's foreign minister has kept up pressure on Greece to enact reforms it agreed to with other nations.</description>
      <pubDate>Fri, 11 May 2012 11:50:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Germany_warns_Greece_on_fiscal_reforms_749381.html</guid>
    </item>
    <item>
      <title>High Court to hear bank fee challenge</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/High_Court_to_hear_bank_fee_challenge_749380.html</link>
      <description>The High Court will hear a class action by customers of the ANZ Bank alleging it charged excessive fees.</description>
      <pubDate>Fri, 11 May 2012 11:50:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/High_Court_to_hear_bank_fee_challenge_749380.html</guid>
    </item>
    <item>
      <title>Plant deal won't hit water bills, govt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Plant_deal_wont_hit_water_bills_govt_749379.html</link>
      <description>The NSW Treasurer says the $2.3 billion lease deal for Sydney's desalination plant is well above book value.</description>
      <pubDate>Fri, 11 May 2012 11:50:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Plant_deal_wont_hit_water_bills_govt_749379.html</guid>
    </item>
    <item>
      <title>Budget will boost productivity, Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Budget_will_boost_productivity_Swan_749378.html</link>
      <description>Wayne Swan says the government's budget will spread the benefits of the mining boom beyond the short-term.</description>
      <pubDate>Fri, 11 May 2012 11:50:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Budget_will_boost_productivity_Swan_749378.html</guid>
    </item>
    <item>
      <title>ANZ cuts home, business rates</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/ANZ_cuts_home_business_rates_749377.html</link>
      <description>ANZ has trimmed its standard variable home loan and business lending rates by 37 basis points.</description>
      <pubDate>Fri, 11 May 2012 11:50:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/ANZ_cuts_home_business_rates_749377.html</guid>
    </item>
    <item>
      <title>Europe fears drag $A close to parity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Europe_fears_drag_A_close_to_parity_749337.html</link>
      <description>Fears of a new financial crisis before Greece's elections sent the $A perilously close to parity with USD.</description>
      <pubDate>Fri, 11 May 2012 09:13:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Europe_fears_drag_A_close_to_parity_749337.html</guid>
    </item>
    <item>
      <title>China says inflation rate has slowed</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/China_says_inflation_rate_has_slowed_749217.html</link>
      <description>Official data shows China's inflation rate slowed in April from the previous month.</description>
      <pubDate>Fri, 11 May 2012 02:55:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/China_says_inflation_rate_has_slowed_749217.html</guid>
    </item>
    <item>
      <title>Robert Nason to chair Foxtel board</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Robert_Nason_to_chair_Foxtel_board_749211.html</link>
      <description>Telstra Corporation has appointed senior executive Robert Nason as chairman of pay-tv provider Foxtel.</description>
      <pubDate>Fri, 11 May 2012 02:29:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Robert_Nason_to_chair_Foxtel_board_749211.html</guid>
    </item>
    <item>
      <title>JPMorgan Chase admits $2b trading loss</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/JPMorgan_Chase_admits_2b_trading_loss_749173.html</link>
      <description>JPMorgan Chase, the largest bank in the US, has admitted to a trading loss of $US2 billion ($A2.00 billion).</description>
      <pubDate>Thu, 10 May 2012 23:51:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/JPMorgan_Chase_admits_2b_trading_loss_749173.html</guid>
    </item>
    <item>
      <title>European concerns pull the $A down</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/European_concerns_pull_the_A_down_749156.html</link>
      <description>The Australian dollar has fallen as  concerns linger around the Greek political situation.</description>
      <pubDate>Thu, 10 May 2012 22:53:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/European_concerns_pull_the_A_down_749156.html</guid>
    </item>
    <item>
      <title>Key overseas finance markers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Key_overseas_finance_markers_749155.html</link>
      <description>The NY stock market has closed slightly higher, with final figures for the Dow Jones and S and P up.</description>
      <pubDate>Thu, 10 May 2012 22:53:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Key_overseas_finance_markers_749155.html</guid>
    </item>
    <item>
      <title>US petrol prices drop 5pc since April</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/US_petrol_prices_drop_5pc_since_April_749078.html</link>
      <description>US petrol prices have dropped five per cent since peaking last month.</description>
      <pubDate>Thu, 10 May 2012 19:12:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/US_petrol_prices_drop_5pc_since_April_749078.html</guid>
    </item>
    <item>
      <title>US deficit looms despite April surplus</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/US_deficit_looms_despite_April_surplus_749077.html</link>
      <description>The US government is on track to exceed a $US1 trillion ($A998.85 billion) deficit despite an April surplus.</description>
      <pubDate>Thu, 10 May 2012 19:12:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/US_deficit_looms_despite_April_surplus_749077.html</guid>
    </item>
    <item>
      <title>Sony reports record annual loss</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Sony_reports_record_annual_loss_749076.html</link>
      <description>Sony posted a record annual loss of Y457 billion ($A5.73 billion) in its fourth straight year of red ink.</description>
      <pubDate>Thu, 10 May 2012 19:12:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Sony_reports_record_annual_loss_749076.html</guid>
    </item>
    <item>
      <title>Big retailers scrutinised over trucks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Big_retailers_scrutinised_over_trucks_749061.html</link>
      <description>Retailers face scrutiny over safety after charges were filed against executives of four trucking companies.</description>
      <pubDate>Thu, 10 May 2012 19:02:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Big_retailers_scrutinised_over_trucks_749061.html</guid>
    </item>
    <item>
      <title>Production to cease at BHP mine</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Production_to_cease_at_BHP_mine_749060.html</link>
      <description>Production will cease at BHP Billiton's loss-making Norwich Park coal mine in central Queensland.</description>
      <pubDate>Thu, 10 May 2012 19:02:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Production_to_cease_at_BHP_mine_749060.html</guid>
    </item>
    <item>
      <title>Desalination lease to yield $300 million</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Desalination_lease_to_yield_300_million_749059.html</link>
      <description>A lessee has been found for Sydney's desalination plant in a deal that will deliver net proceeds of $300m.</description>
      <pubDate>Thu, 10 May 2012 19:02:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Desalination_lease_to_yield_300_million_749059.html</guid>
    </item>
    <item>
      <title>Paper circulation drops in March qtr</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Paper_circulation_drops_in_March_qtr_749058.html</link>
      <description>The fall in newspaper sales has accelerated with a 5 per cent drop in circulation in the March quarter.</description>
      <pubDate>Thu, 10 May 2012 19:02:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Paper_circulation_drops_in_March_qtr_749058.html</guid>
    </item>
    <item>
      <title>Budget changes 'damage faith in super'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Budget_changes_damage_faith_in_super_749057.html</link>
      <description>AMP chief economist Shane Oliver says the federal budget won't help Australia's economic growth.</description>
      <pubDate>Thu, 10 May 2012 19:02:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Budget_changes_damage_faith_in_super_749057.html</guid>
    </item>
    <item>
      <title>Coalition about wealth creation - Abbott</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Coalition_about_wealth_creation_-_Abbott_749056.html</link>
      <description>The coalition's reply to Labor's Tuesday budget has promised wealth creation for all.</description>
      <pubDate>Thu, 10 May 2012 19:02:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Coalition_about_wealth_creation_-_Abbott_749056.html</guid>
    </item>
    <item>
      <title>Applications for US unemployment aid dip</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Applications_for_US_unemployment_aid_dip_749072.html</link>
      <description>The number of people applying for US unemployment benefits ticked down last week after dropping sharply.</description>
      <pubDate>Thu, 10 May 2012 19:02:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Applications_for_US_unemployment_aid_dip_749072.html</guid>
    </item>
    <item>
      <title>ArcelorMittal net profit drops in Q1</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/ArcelorMittal_net_profit_drops_in_Q1_749071.html</link>
      <description>ArcelorMittal, the world's biggest steel maker, has posted a sharp drop in first-quarter net profit.</description>
      <pubDate>Thu, 10 May 2012 19:02:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/ArcelorMittal_net_profit_drops_in_Q1_749071.html</guid>
    </item>
    <item>
      <title>Bombardier profit fall on aerospace lull</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Bombardier_profit_fall_on_aerospace_lull_749070.html</link>
      <description>Aircraft maker Bombardier says its profit dropped nearly 14% to $US190m ($A189.78m) in the first quarter.</description>
      <pubDate>Thu, 10 May 2012 19:02:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Bombardier_profit_fall_on_aerospace_lull_749070.html</guid>
    </item>
    <item>
      <title>US 30-year mortgage rates at record low</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/US_30-year_mortgage_rates_at_record_low_749069.html</link>
      <description>Average US rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week.</description>
      <pubDate>Thu, 10 May 2012 19:02:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/US_30-year_mortgage_rates_at_record_low_749069.html</guid>
    </item>
    <item>
      <title>Scandal-hit Olympus posts $US620m loss</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Scandal-hit_Olympus_posts_US620m_loss_749068.html</link>
      <description>Japan's scandal- hit Olympus has posted a $US620 million ($A619.29 million) loss in the year to March.</description>
      <pubDate>Thu, 10 May 2012 19:02:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Scandal-hit_Olympus_posts_US620m_loss_749068.html</guid>
    </item>
    <item>
      <title>Green growth 'not just for rich nations'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Green_growth_not_just_for_rich_nations_749067.html</link>
      <description>The World Bank has urged global governments to heed the environment when pursuing prosperity.</description>
      <pubDate>Thu, 10 May 2012 19:02:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Green_growth_not_just_for_rich_nations_749067.html</guid>
    </item>
    <item>
      <title>Bank of England leaves rates unchanged</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Bank_of_England_leaves_rates_unchanged_749066.html</link>
      <description>The Bank of England has kept its base interest rate at an all-time low of 0.5 per cent.</description>
      <pubDate>Thu, 10 May 2012 19:02:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Bank_of_England_leaves_rates_unchanged_749066.html</guid>
    </item>
    <item>
      <title>It's becoming easier to borrow- Bernanke</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Its_becoming_easier_to_borrow-_Bernanke_749065.html</link>
      <description>US Federal Reserve chairman Ben Bernanke says many businesses and consumers are finding it easier to borrow.</description>
      <pubDate>Thu, 10 May 2012 19:02:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Its_becoming_easier_to_borrow-_Bernanke_749065.html</guid>
    </item>
    <item>
      <title>Coulson denies Murdoch govt conspiracy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Coulson_denies_Murdoch_govt_conspiracy_749064.html</link>
      <description>Andy Coulson has denied any 'grand conspiracy' between the British government and the Murdoch empire.</description>
      <pubDate>Thu, 10 May 2012 19:02:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Coulson_denies_Murdoch_govt_conspiracy_749064.html</guid>
    </item>
    <item>
      <title>OPEC ups 2012 world oil demand forecast</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/OPEC_ups_2012_world_oil_demand_forecast_749063.html</link>
      <description>OPEC has revised its 2012 world oil demand outlook slightly upwards.</description>
      <pubDate>Thu, 10 May 2012 19:02:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/OPEC_ups_2012_world_oil_demand_forecast_749063.html</guid>
    </item>
    <item>
      <title>Mining firm won't drill in Sydney suburb</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/11/Mining_firm_wont_drill_in_Sydney_suburb_749062.html</link>
      <description>Mining company Dart Energy has abandoned plans to drill a coal seam gas well in Sydney's inner west.</description>
      <pubDate>Thu, 10 May 2012 19:02:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/11/Mining_firm_wont_drill_in_Sydney_suburb_749062.html</guid>
    </item>
    <item>
      <title>Optus to appeal High Court ruling</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Optus_to_appeal_High_Court_ruling_749002.html</link>
      <description>Optus will appeal a High Court ruling which effectively ended its TV Now service for its mobile customers.</description>
      <pubDate>Thu, 10 May 2012 12:15:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Optus_to_appeal_High_Court_ruling_749002.html</guid>
    </item>
    <item>
      <title>Laid-off workers win federal reprieve</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Laid-off_workers_win_federal_reprieve_749001.html</link>
      <description>Hundreds of sacked workers at two Australian companies will receive millions in unpaid entitlements.</description>
      <pubDate>Thu, 10 May 2012 12:14:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Laid-off_workers_win_federal_reprieve_749001.html</guid>
    </item>
    <item>
      <title>Petrol rise warning if refinery closes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Petrol_rise_warning_if_refinery_closes_749000.html</link>
      <description>A union says motorists could end up paying more for petrol if Caltex closes one of its major refineries.</description>
      <pubDate>Thu, 10 May 2012 12:14:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Petrol_rise_warning_if_refinery_closes_749000.html</guid>
    </item>
    <item>
      <title>$A up on strong jobs data</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/A_up_on_strong_jobs_data_748953.html</link>
      <description>A surprise drop in unemployment has pushed the $A higher and away from parity with its US counterpart.</description>
      <pubDate>Thu, 10 May 2012 08:52:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/A_up_on_strong_jobs_data_748953.html</guid>
    </item>
    <item>
      <title>Greek uncertainty sends $A towards $US1</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Greek_uncertainty_sends_A_towards_US1_748921.html</link>
      <description>The $A was staying comfortably above $US1.00 but everything changed after the Greek elections.</description>
      <pubDate>Thu, 10 May 2012 06:10:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Greek_uncertainty_sends_A_towards_US1_748921.html</guid>
    </item>
    <item>
      <title>News Corp's Carey backs Murdoch</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/News_Corps_Carey_backs_Murdoch_748867.html</link>
      <description>News Corporation president and chief operating officer Chase Carey has publicly backed Rupert Murdoch.</description>
      <pubDate>Thu, 10 May 2012 03:55:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/News_Corps_Carey_backs_Murdoch_748867.html</guid>
    </item>
    <item>
      <title>Jobless rate 4.9 per cent in April</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Jobless_rate_49_per_cent_in_April_748844.html</link>
      <description>The jobless rate unexpectedly dropped to 4.9 per cent in April from 5.2 per cent the previous month.</description>
      <pubDate>Thu, 10 May 2012 01:52:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Jobless_rate_49_per_cent_in_April_748844.html</guid>
    </item>
    <item>
      <title>Wall Street pares losses</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Wall_Street_pares_losses_748829.html</link>
      <description>US stocks have pared early sharp losses to close with moderate losses after Greece's bailout was confirmed.</description>
      <pubDate>Thu, 10 May 2012 00:27:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Wall_Street_pares_losses_748829.html</guid>
    </item>
    <item>
      <title>$A lower on Greek concerns</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/A_lower_on_Greek_concerns_748826.html</link>
      <description>The $A continues to push downwards on fears that Greek politicians will be unable to form a  govt.</description>
      <pubDate>Thu, 10 May 2012 00:21:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/A_lower_on_Greek_concerns_748826.html</guid>
    </item>
    <item>
      <title>News Corp third quarter profit up 47pc</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/News_Corp_third_quarter_profit_up_47pc_748824.html</link>
      <description>News Corp has reported a 47 per cent lift in third quarter net profit to $US937 million ($A929.79 million).</description>
      <pubDate>Thu, 10 May 2012 00:20:36 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/News_Corp_third_quarter_profit_up_47pc_748824.html</guid>
    </item>
    <item>
      <title>Optus reports $787m profit after tax</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Optus_reports_787m_profit_after_tax_748823.html</link>
      <description>Optus has managed to lift its annual net profit by 1.5 per cent to $787 million.</description>
      <pubDate>Thu, 10 May 2012 00:20:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Optus_reports_787m_profit_after_tax_748823.html</guid>
    </item>
    <item>
      <title>NAB first half profit down to $2.05b</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/NAB_first_half_profit_down_to_205b_748822.html</link>
      <description>NAB first half profit fell 15.5 per cent to $2.05 billion due to its underperforming operations in the UK.</description>
      <pubDate>Thu, 10 May 2012 00:20:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/NAB_first_half_profit_down_to_205b_748822.html</guid>
    </item>
    <item>
      <title>No renegotiation of budgetary pact - EU</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/No_renegotiation_of_budgetary_pact_-_EU_748821.html</link>
      <description>The head of the European Commission says there would be no renegotiation of an EU budgetary pact.</description>
      <pubDate>Thu, 10 May 2012 00:20:33 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/No_renegotiation_of_budgetary_pact_-_EU_748821.html</guid>
    </item>
    <item>
      <title>UK govt focus on economy</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/UK_govt_focus_on_economy_748820.html</link>
      <description>Queen Elizabeth has set out the UK's new legislative agenda and announced a program to boost the economy.</description>
      <pubDate>Thu, 10 May 2012 00:20:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/UK_govt_focus_on_economy_748820.html</guid>
    </item>
    <item>
      <title>Europe debt crisis weighs on Commerzbank</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Europe_debt_crisis_weighs_on_Commerzbank_748818.html</link>
      <description>Germany's Commerzbank saw net profit fall sharply to 369 million euros ($A476.84m) in the first quarter.</description>
      <pubDate>Thu, 10 May 2012 00:20:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Europe_debt_crisis_weighs_on_Commerzbank_748818.html</guid>
    </item>
    <item>
      <title>Greece gets more cash amid bailout doubt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Greece_gets_more_cash_amid_bailout_doubt_748817.html</link>
      <description>Greece will receive a further 5.2 billion euros ($A6.72 billion) as part of its bailout package.</description>
      <pubDate>Thu, 10 May 2012 00:20:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Greece_gets_more_cash_amid_bailout_doubt_748817.html</guid>
    </item>
    <item>
      <title>Rinehart children can access trust</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Rinehart_children_can_access_trust_748816.html</link>
      <description>Gina Rinehart has brought forward the vesting date of a family trust that is the subject of a legal battle.</description>
      <pubDate>Thu, 10 May 2012 00:20:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Rinehart_children_can_access_trust_748816.html</guid>
    </item>
    <item>
      <title>Unemployment rate to rise, economists</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/10/Unemployment_rate_to_rise_economists_748815.html</link>
      <description>Economists say Australia's unemployment rate is likely to have risen in April.</description>
      <pubDate>Thu, 10 May 2012 00:20:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/10/Unemployment_rate_to_rise_economists_748815.html</guid>
    </item>
    <item>
      <title>BlueScope Steel repurchase</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/BlueScope_Steel_repurchase_748685.html</link>
      <description>BlueScope Steel has completed a tender for the repurchase of $US300 million private placement notes.</description>
      <pubDate>Wed, 09 May 2012 11:58:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/BlueScope_Steel_repurchase_748685.html</guid>
    </item>
    <item>
      <title>Rinehart children access trust fund</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Rinehart_children_access_trust_fund_748684.html</link>
      <description>Gina Rinehart's four children will divide the family's multimillion-dollar trust fund equally.</description>
      <pubDate>Wed, 09 May 2012 11:58:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Rinehart_children_access_trust_fund_748684.html</guid>
    </item>
    <item>
      <title>Ford posts record loss</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Ford_posts_record_loss_748683.html</link>
      <description>Ford Australia has posted a $290 million annual loss, the biggest deficit in the company's history.</description>
      <pubDate>Wed, 09 May 2012 11:58:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Ford_posts_record_loss_748683.html</guid>
    </item>
    <item>
      <title>$A moves towards parity on euro woes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/A_moves_towards_parity_on_euro_woes_748624.html</link>
      <description>Fears gripping global markets have seen the Australian dollar fall almost one US cent.</description>
      <pubDate>Wed, 09 May 2012 07:21:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/A_moves_towards_parity_on_euro_woes_748624.html</guid>
    </item>
    <item>
      <title>$A down on budget comments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/A_down_on_budget_comments_748554.html</link>
      <description>The $A has fallen almost one US cent on commentary on the budget and concerns about euro zone debt.</description>
      <pubDate>Wed, 09 May 2012 02:47:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/A_down_on_budget_comments_748554.html</guid>
    </item>
    <item>
      <title>Yahoo board member to step down</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Yahoo_board_member_to_step_down_748492.html</link>
      <description>Patti Hart, the Yahoo Inc board member who headed the search for a new CEO, will reportedly step down.</description>
      <pubDate>Tue, 08 May 2012 23:47:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Yahoo_board_member_to_step_down_748492.html</guid>
    </item>
    <item>
      <title>Bank of America's reduction offer</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Bank_of_Americas_reduction_offer_748491.html</link>
      <description>Bank of America will offer homeowners principal reduction as part of an $US25 billion mortgage settlement.</description>
      <pubDate>Tue, 08 May 2012 23:47:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Bank_of_Americas_reduction_offer_748491.html</guid>
    </item>
    <item>
      <title>Budget falls short for retailers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Budget_falls_short_for_retailers_748490.html</link>
      <description>The Australia Retailers Association says retailers will suffer from the scrapping of a company tax cut.</description>
      <pubDate>Tue, 08 May 2012 23:47:48 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Budget_falls_short_for_retailers_748490.html</guid>
    </item>
    <item>
      <title>Disney profit beats forecasts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Disney_profit_beats_forecasts_748489.html</link>
      <description>The Walt Disney Company says net income in the three months to March 31 rose to $US1.14 billion ($A1.12b).</description>
      <pubDate>Tue, 08 May 2012 23:47:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Disney_profit_beats_forecasts_748489.html</guid>
    </item>
    <item>
      <title>Concordia in two million euro settlement</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Concordia_in_two_million_euro_settlement_748488.html</link>
      <description>The owner of the Costa Concordia has paid more than two million euros ($A2.57 million) in a settlement.</description>
      <pubDate>Tue, 08 May 2012 23:47:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Concordia_in_two_million_euro_settlement_748488.html</guid>
    </item>
    <item>
      <title>Surplus a challenge for govt says BCA</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Surplus_a_challenge_for_govt_says_BCA_748487.html</link>
      <description>The Business Council of Australia says delivering the forecast budget surplus will challenge the government.</description>
      <pubDate>Tue, 08 May 2012 23:47:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Surplus_a_challenge_for_govt_says_BCA_748487.html</guid>
    </item>
    <item>
      <title>Fed budget has 'abandoned companies'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Fed_budget_has_abandoned_companies_748486.html</link>
      <description>The Tax Institute says Australian companies have been abandoned by the federal government in the budget.</description>
      <pubDate>Tue, 08 May 2012 23:47:40 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Fed_budget_has_abandoned_companies_748486.html</guid>
    </item>
    <item>
      <title>AI Group chief says budget is harsh</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/AI_Group_chief_says_budget_is_harsh_748485.html</link>
      <description>AI Group chief Innes Willox says the decision to scrap the corporate tax cut is a major blow to business.</description>
      <pubDate>Tue, 08 May 2012 23:47:39 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/AI_Group_chief_says_budget_is_harsh_748485.html</guid>
    </item>
    <item>
      <title>Tax cuts for rivals of major banks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Tax_cuts_for_rivals_of_major_banks_748484.html</link>
      <description>Small lenders have received tax cuts in the budget aimed at increasing competition in the banking sector.</description>
      <pubDate>Tue, 08 May 2012 23:47:38 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Tax_cuts_for_rivals_of_major_banks_748484.html</guid>
    </item>
    <item>
      <title>Oppn promises a surplus 10x Labor's</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Oppn_promises_a_surplus_10x_Labors_748483.html</link>
      <description>Opposition finance spokesman Andrew Robb says a coalition govt would aim deliver a surplus worth 1% of GDP.</description>
      <pubDate>Tue, 08 May 2012 23:47:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Oppn_promises_a_surplus_10x_Labors_748483.html</guid>
    </item>
    <item>
      <title>CBA cuts fixed rate home loans</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/CBA_cuts_fixed_rate_home_loans_748482.html</link>
      <description>CBA is cutting its one- and three-year fixed rate home loans, but not by the full RBA 50-basis-point cut.</description>
      <pubDate>Tue, 08 May 2012 23:47:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/CBA_cuts_fixed_rate_home_loans_748482.html</guid>
    </item>
    <item>
      <title>Business confused by budget - Hockey</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Business_confused_by_budget_-_Hockey_748481.html</link>
      <description>Shadow treasurer Joe Hockey says the business community is confused by mixed signals in the federal budget.</description>
      <pubDate>Tue, 08 May 2012 23:47:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Business_confused_by_budget_-_Hockey_748481.html</guid>
    </item>
    <item>
      <title>Government debt is tiny, says Wong</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Government_debt_is_tiny_says_Wong_748480.html</link>
      <description>Finance Minister Penny Wong says the size of Australia's net debt is 'tiny' by international standards.</description>
      <pubDate>Tue, 08 May 2012 23:47:33 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Government_debt_is_tiny_says_Wong_748480.html</guid>
    </item>
    <item>
      <title>PM determined to cut company tax</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/PM_determined_to_cut_company_tax_748479.html</link>
      <description>Prime Minister Julia Gillard says she remains determined to deliver a company tax cut.</description>
      <pubDate>Tue, 08 May 2012 23:47:31 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/PM_determined_to_cut_company_tax_748479.html</guid>
    </item>
    <item>
      <title>Swan defends axing of company tax cut</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Swan_defends_axing_of_company_tax_cut_748478.html</link>
      <description>Wayne Swan says the government gave up on a company tax cut because it wouldn't have passed the parliament.</description>
      <pubDate>Tue, 08 May 2012 23:47:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Swan_defends_axing_of_company_tax_cut_748478.html</guid>
    </item>
    <item>
      <title>Toshiba's profit drops by nearly half</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Toshibas_profit_drops_by_nearly_half_748500.html</link>
      <description>Japan's Toshiba says its full-year net profit has fallen by almost half to $US921 million ($A905.92m).</description>
      <pubDate>Tue, 08 May 2012 23:47:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Toshibas_profit_drops_by_nearly_half_748500.html</guid>
    </item>
    <item>
      <title>Mitsubishi Corp full-year profit down</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Mitsubishi_Corp_full-year_profit_down_748502.html</link>
      <description>Japan's Mitsubishi Corporation says its full-year net profit edged down 2.3% to Y453.8 billion ($A5.58b).</description>
      <pubDate>Tue, 08 May 2012 23:47:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Mitsubishi_Corp_full-year_profit_down_748502.html</guid>
    </item>
    <item>
      <title>US employers post most jobs in four yrs</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/US_employers_post_most_jobs_in_four_yrs_748501.html</link>
      <description>US companies in March posted the highest number of job openings in nearly four years.</description>
      <pubDate>Tue, 08 May 2012 23:47:24 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/US_employers_post_most_jobs_in_four_yrs_748501.html</guid>
    </item>
    <item>
      <title>UK must stand by austerity says Cameron</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/UK_must_stand_by_austerity_says_Cameron_748497.html</link>
      <description>David Cameron says Britain must stick to its tough austerity measures despite doubts elsewhere in Europe.</description>
      <pubDate>Tue, 08 May 2012 23:47:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/UK_must_stand_by_austerity_says_Cameron_748497.html</guid>
    </item>
    <item>
      <title>Aviva CEO quits after shareholder revolt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Aviva_CEO_quits_after_shareholder_revolt_748499.html</link>
      <description>The CEO of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay.</description>
      <pubDate>Tue, 08 May 2012 23:47:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Aviva_CEO_quits_after_shareholder_revolt_748499.html</guid>
    </item>
    <item>
      <title>Tax hit weighs on HSBC's Q1 profit</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Tax_hit_weighs_on_HSBCs_Q1_profit_748498.html</link>
      <description>HSBC Holdings Plc has seen its first-quarter net profits fall by 38 per cent to $US2.58 billion ($A2.54b).</description>
      <pubDate>Tue, 08 May 2012 23:47:23 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Tax_hit_weighs_on_HSBCs_Q1_profit_748498.html</guid>
    </item>
    <item>
      <title>Greek leftist vows to reject loan terms</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Greek_leftist_vows_to_reject_loan_terms_748496.html</link>
      <description>Greece's radical left party has vowed to reject all austerity measures imposed under an EU-IMF loan deal.</description>
      <pubDate>Tue, 08 May 2012 23:47:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Greek_leftist_vows_to_reject_loan_terms_748496.html</guid>
    </item>
    <item>
      <title>Wilton airport back on agenda</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Wilton_airport_back_on_agenda_748494.html</link>
      <description>The federal government will investigate Wilton as a site for a second Sydney airport.</description>
      <pubDate>Tue, 08 May 2012 23:47:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Wilton_airport_back_on_agenda_748494.html</guid>
    </item>
    <item>
      <title>Retailers praise budget cash splash</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Retailers_praise_budget_cash_splash_748495.html</link>
      <description>Retailers have welcomed the budget, saying they expect money directed at families will act as a stimulus.</description>
      <pubDate>Tue, 08 May 2012 23:47:22 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Retailers_praise_budget_cash_splash_748495.html</guid>
    </item>
    <item>
      <title>News aggregator Ongo to shut down</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/News_aggregator_Ongo_to_shut_down_748493.html</link>
      <description>Online news aggregator Ongo says it will close down by the end of the month.</description>
      <pubDate>Tue, 08 May 2012 23:47:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/News_aggregator_Ongo_to_shut_down_748493.html</guid>
    </item>
    <item>
      <title>Key overseas finance markers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/Key_overseas_finance_markers_748447.html</link>
      <description>The NY stock market in has closed lower, with final figures for the Dow Jones and S &amp;P down.</description>
      <pubDate>Tue, 08 May 2012 22:55:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/Key_overseas_finance_markers_748447.html</guid>
    </item>
    <item>
      <title>$A lower on Greek debt comments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/09/A_lower_on_Greek_debt_comments_748446.html</link>
      <description>The Australian dollar is lower on concern that Greek leaders won't agree on the country's debt bailout.</description>
      <pubDate>Tue, 08 May 2012 22:49:01 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/09/A_lower_on_Greek_debt_comments_748446.html</guid>
    </item>
    <item>
      <title>Budget paves way for rate cuts- CFMEU</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_paves_way_for_rate_cuts-_CFMEU_748327.html</link>
      <description>The budget will ease pressure on manufacturers by paving the way for further official interest rate cuts.</description>
      <pubDate>Tue, 08 May 2012 12:16:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_paves_way_for_rate_cuts-_CFMEU_748327.html</guid>
    </item>
    <item>
      <title>'Accounting chicanery' the budget winner</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Accounting_chicanery_the_budget_winner_748319.html</link>
      <description>Accounting chicanery was the winner in returning the 2012-13 budget to surplus, the association says.</description>
      <pubDate>Tue, 08 May 2012 12:07:41 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Accounting_chicanery_the_budget_winner_748319.html</guid>
    </item>
    <item>
      <title>Budget ignores housing, says industry</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_ignores_housing_says_industry_748295.html</link>
      <description>The housing industry says the federal budget has ignored a weak property and construction sector.</description>
      <pubDate>Tue, 08 May 2012 11:15:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_ignores_housing_says_industry_748295.html</guid>
    </item>
    <item>
      <title>Public sector to lose 4200 jobs- CPSU</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Public_sector_to_lose_4200_jobs-_CPSU_748293.html</link>
      <description>The govt's pursuit of a budget surplus will cost 4200 jobs, says the Community and Public Sector Union.</description>
      <pubDate>Tue, 08 May 2012 11:15:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Public_sector_to_lose_4200_jobs-_CPSU_748293.html</guid>
    </item>
    <item>
      <title>Winemakers drink to budget</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Winemakers_drink_to_budget_748282.html</link>
      <description>Winemakers say the federal budget will help them restructure and refocus on export opportunities in Asia.</description>
      <pubDate>Tue, 08 May 2012 10:55:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Winemakers_drink_to_budget_748282.html</guid>
    </item>
    <item>
      <title>Super measures 'create uncertainty'</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Super_measures_create_uncertainty_748269.html</link>
      <description>The federal budget will limit opportunities for older workers to build their nest eggs, says AIST</description>
      <pubDate>Tue, 08 May 2012 10:41:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Super_measures_create_uncertainty_748269.html</guid>
    </item>
    <item>
      <title>Surplus won't be delivered- Palmer</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_wont_be_delivered-_Palmer_748260.html</link>
      <description>Qld mining billionaire Clive Palmer says the forecast surplus in the federal budget won't be delivered.</description>
      <pubDate>Tue, 08 May 2012 10:35:42 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_wont_be_delivered-_Palmer_748260.html</guid>
    </item>
    <item>
      <title>Yes to tax breaks, but no to cuts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Yes_to_tax_breaks_but_no_to_cuts_748258.html</link>
      <description>Australia's 2.7 million small businesses won't be getting any tax cuts but will get other tax breaks.</description>
      <pubDate>Tue, 08 May 2012 10:29:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Yes_to_tax_breaks_but_no_to_cuts_748258.html</guid>
    </item>
    <item>
      <title>ACTU says budget good in places</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/ACTU_says_budget_good_in_places_748256.html</link>
      <description>The ACTU says the federal Labor  government faced a difficult task in delivering a budget surplus.</description>
      <pubDate>Tue, 08 May 2012 10:22:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/ACTU_says_budget_good_in_places_748256.html</guid>
    </item>
    <item>
      <title>Surplus means rate cuts- economist</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_means_rate_cuts-_economist_748251.html</link>
      <description>The federal budget's return to surplus should mean lower interest rates, economists say.</description>
      <pubDate>Tue, 08 May 2012 10:18:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Surplus_means_rate_cuts-_economist_748251.html</guid>
    </item>
    <item>
      <title>Govt ups taxes on golden handshakes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Govt_ups_taxes_on_golden_handshakes_748242.html</link>
      <description>Executives will pay more tax on golden handshakes as the federal government aims to increase its revenues.</description>
      <pubDate>Tue, 08 May 2012 10:10:56 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Govt_ups_taxes_on_golden_handshakes_748242.html</guid>
    </item>
    <item>
      <title>$A unchanged after budget relese</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/A_unchanged_after_budget_relese_748235.html</link>
      <description>The Australian dollar was almost unchanged following the official release of the federal budget.</description>
      <pubDate>Tue, 08 May 2012 09:57:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/A_unchanged_after_budget_relese_748235.html</guid>
    </item>
    <item>
      <title>Retailers welcome payments to families</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Retailers_welcome_payments_to_families_748229.html</link>
      <description>Retailers have backed the federal govt's decision to provide low-income families with upfront payments.</description>
      <pubDate>Tue, 08 May 2012 09:54:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Retailers_welcome_payments_to_families_748229.html</guid>
    </item>
    <item>
      <title>Business laments company tax decision</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Business_laments_company_tax_decision_748221.html</link>
      <description>Business is unhappy with the federal government's decision to scrap a cut in the company tax rate.</description>
      <pubDate>Tue, 08 May 2012 09:51:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Business_laments_company_tax_decision_748221.html</guid>
    </item>
    <item>
      <title>Dollar higher despite Euro fears</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Dollar_higher_despite_Euro_fears_748208.html</link>
      <description>The Australian dollar has moved slightly  higher, recovering some of the gains lost in Monday's sell-off.</description>
      <pubDate>Tue, 08 May 2012 09:08:47 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Dollar_higher_despite_Euro_fears_748208.html</guid>
    </item>
    <item>
      <title>Cut gradually, preserve growth-IMF chief</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth-IMF_chief_748194.html</link>
      <description>IMF chief Christine Lagarde has urged European governments to reduce deficits gradually.</description>
      <pubDate>Tue, 08 May 2012 08:51:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth-IMF_chief_748194.html</guid>
    </item>
    <item>
      <title>Coal issues hit exports - economists</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Coal_issues_hit_exports_-_economists_748197.html</link>
      <description>Flooding and industrial action hit coal exports and saw Australia's trade deficit widen in March.</description>
      <pubDate>Tue, 08 May 2012 08:23:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Coal_issues_hit_exports_-_economists_748197.html</guid>
    </item>
    <item>
      <title>Spain to present new bank clean-up measu</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Spain_to_present_new_bank_clean-up_measu_748192.html</link>
      <description>The Spanish PM says he will present a new strategy to help banks and ease a key source of economic worry.</description>
      <pubDate>Tue, 08 May 2012 08:16:08 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Spain_to_present_new_bank_clean-up_measu_748192.html</guid>
    </item>
    <item>
      <title>Luxury goods market to grow 7pc</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Luxury_goods_market_to_grow_7pc_748186.html</link>
      <description>The global luxury market is forecast to grow by up to seven per cent in 2012 despite the financial crisis.</description>
      <pubDate>Tue, 08 May 2012 07:51:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Luxury_goods_market_to_grow_7pc_748186.html</guid>
    </item>
    <item>
      <title>Centro Retail in trading halt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Centro_Retail_in_trading_halt_748183.html</link>
      <description>Centro Retail shares have gone into a trading halt on pending settlement discussions in it class action suit</description>
      <pubDate>Tue, 08 May 2012 07:32:08 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Centro_Retail_in_trading_halt_748183.html</guid>
    </item>
    <item>
      <title>Hasty surplus not needed- ANZ chief</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Hasty_surplus_not_needed-_ANZ_chief_748181.html</link>
      <description>The head of the ANZ bank says it's not necessary for the government to deliver a surplus in the budget.</description>
      <pubDate>Tue, 08 May 2012 07:24:49 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Hasty_surplus_not_needed-_ANZ_chief_748181.html</guid>
    </item>
    <item>
      <title>Leighton firms win $700m contracts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Leighton_firms_win_700m_contracts_748175.html</link>
      <description>Two subsidiaries of Leighton Holdings have won $700 million in new contracts in Indonesia and Australia.</description>
      <pubDate>Tue, 08 May 2012 07:16:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Leighton_firms_win_700m_contracts_748175.html</guid>
    </item>
    <item>
      <title>Aust share market closes slightly higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_share_market_closes_slightly_higher_748163.html</link>
      <description>The Aust share market has closed slightly higher, after better than expected trading on US and Euro markets</description>
      <pubDate>Tue, 08 May 2012 07:07:57 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_share_market_closes_slightly_higher_748163.html</guid>
    </item>
    <item>
      <title>Wetpac CEO backs PM Gillard</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Wetpac_CEO_backs_PM_Gillard_748154.html</link>
      <description>Westpac CEO Gail Kelly urges Australian business leaders to cooperate, not combat, with PM Julia Gillard.</description>
      <pubDate>Tue, 08 May 2012 06:51:28 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Wetpac_CEO_backs_PM_Gillard_748154.html</guid>
    </item>
    <item>
      <title>CBA executive McEwan resigns</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/CBA_executive_McEwan_resigns_748149.html</link>
      <description>CBA retail executive Ross McEwan has resigned to take up a senior position with the Royal Bank of Scotland.</description>
      <pubDate>Tue, 08 May 2012 06:43:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/CBA_executive_McEwan_resigns_748149.html</guid>
    </item>
    <item>
      <title>Facebook launch investors drive</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_launch_investors_drive_748144.html</link>
      <description>Facebook executives are on an investors 'road show' in a marketing drive ahead of their launch on the Nasdaq</description>
      <pubDate>Tue, 08 May 2012 06:33:08 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_launch_investors_drive_748144.html</guid>
    </item>
    <item>
      <title>$A up despite weak trade data</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/A_up_despite_weak_trade_data_748095.html</link>
      <description>The Australian dollar is almost a quarter of a US cent higher, despite weaker than expected trade data.</description>
      <pubDate>Tue, 08 May 2012 04:19:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/A_up_despite_weak_trade_data_748095.html</guid>
    </item>
    <item>
      <title>Iluka to cut zircon production</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Iluka_to_cut_zircon_production_748077.html</link>
      <description>Iluka says it will cut its annual production of zircon because the global economic outlook remains unclear.</description>
      <pubDate>Tue, 08 May 2012 03:47:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Iluka_to_cut_zircon_production_748077.html</guid>
    </item>
    <item>
      <title>BHP Billiton announces two appointments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/BHP_Billiton_announces_two_appointments_748068.html</link>
      <description>BHP Billiton has announced the appointment of Ian Maxwell as President Energy Coal.</description>
      <pubDate>Tue, 08 May 2012 03:31:14 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/BHP_Billiton_announces_two_appointments_748068.html</guid>
    </item>
    <item>
      <title>OneSteel announces name change approval</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/OneSteel_announces_name_change_approval_748067.html</link>
      <description>OneSteel shareholders have voted in favour of changing the company's name to Arrium.</description>
      <pubDate>Tue, 08 May 2012 03:31:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/OneSteel_announces_name_change_approval_748067.html</guid>
    </item>
    <item>
      <title>Facebook buys mobile discovery startup</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_buys_mobile_discovery_startup_748066.html</link>
      <description>Facebook has ramped up its focus on mobile lifestyles, purchasing 'social discovery' start-up Glancee.</description>
      <pubDate>Tue, 08 May 2012 03:31:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Facebook_buys_mobile_discovery_startup_748066.html</guid>
    </item>
    <item>
      <title>Trade deficit widens for March</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Trade_deficit_widens_for_March_748065.html</link>
      <description>The Australian Bureau of Statistics says Australia's trade deficit widened in March.</description>
      <pubDate>Tue, 08 May 2012 03:31:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Trade_deficit_widens_for_March_748065.html</guid>
    </item>
    <item>
      <title>Aust stocks 0.13% higher at noon</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_013_higher_at_noon_748047.html</link>
      <description>Aus shares were slightly higher at noon, in response to a better than expected day of trading on Wall St.</description>
      <pubDate>Tue, 08 May 2012 02:56:29 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_013_higher_at_noon_748047.html</guid>
    </item>
    <item>
      <title>CBA cuts fixed home loan rates</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/CBA_cuts_fixed_home_loan_rates_748044.html</link>
      <description>The CBA is cutting interest rates on its one and three-year fixed home loans by up to 0.34 percentage point.</description>
      <pubDate>Tue, 08 May 2012 02:44:46 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/CBA_cuts_fixed_home_loan_rates_748044.html</guid>
    </item>
    <item>
      <title>Aust stocks open 0.28% higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_open_028_higher_748020.html</link>
      <description>Aust shares opened slightly higher after gains for European stocks when their markets had a change of heart.</description>
      <pubDate>Tue, 08 May 2012 00:58:27 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Aust_stocks_open_028_higher_748020.html</guid>
    </item>
    <item>
      <title>$A higher after European elections</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/A_higher_after_European_elections_747995.html</link>
      <description>The Aussie dollar is almost half a US cent higher on more positive sentiment surrounding Europe's elections.</description>
      <pubDate>Mon, 07 May 2012 23:08:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/A_higher_after_European_elections_747995.html</guid>
    </item>
    <item>
      <title>Australian market to open higher</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Australian_market_to_open_higher_747994.html</link>
      <description>The Aussie market looks to open higher after Wall Street closed mixed and European stocks finished higher.</description>
      <pubDate>Mon, 07 May 2012 23:08:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Australian_market_to_open_higher_747994.html</guid>
    </item>
    <item>
      <title>Cut gradually, preserve growth - IMF</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth_-_IMF_747979.html</link>
      <description>The head of the IMF has urged indebted countries in Europe to reduce their budget deficits only gradually.</description>
      <pubDate>Mon, 07 May 2012 21:49:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Cut_gradually_preserve_growth_-_IMF_747979.html</guid>
    </item>
    <item>
      <title>Forrest slams Rinehart on foreign labour</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Forrest_slams_Rinehart_on_foreign_labour_747980.html</link>
      <description>Andrew Forrest has criticised Gina Rinehart for employing foreign workers instead of indigenous labour.</description>
      <pubDate>Mon, 07 May 2012 21:49:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Forrest_slams_Rinehart_on_foreign_labour_747980.html</guid>
    </item>
    <item>
      <title>NSW to get $200m in budget for roads</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/NSW_to_get_200m_in_budget_for_roads_747953.html</link>
      <description>NSW is set to receive $200 million in the federal budget to plan big-ticket road projects.</description>
      <pubDate>Mon, 07 May 2012 21:03:20 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/NSW_to_get_200m_in_budget_for_roads_747953.html</guid>
    </item>
    <item>
      <title>Attempt at forming Greek coalition fails</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Attempt_at_forming_Greek_coalition_fails_747954.html</link>
      <description>The leader of the Greek conservative party says his efforts to form a coalition government have failed.</description>
      <pubDate>Mon, 07 May 2012 21:03:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Attempt_at_forming_Greek_coalition_fails_747954.html</guid>
    </item>
    <item>
      <title>Suzuki recalls over 100,000 Swifts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Suzuki_recalls_over_100000_Swifts_747955.html</link>
      <description>Suzuki Motor says it will recall about 109,000 Swift cars to repair a defect that may cause petrol leakage.</description>
      <pubDate>Mon, 07 May 2012 21:03:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Suzuki_recalls_over_100000_Swifts_747955.html</guid>
    </item>
    <item>
      <title>EU's fiscal problems to linger - Buffett</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/EUs_fiscal_problems_to_linger_-_Buffett_747956.html</link>
      <description>Warren Buffett says Europe will find resolving its fiscal problems tough because of the structure of the EU.</description>
      <pubDate>Mon, 07 May 2012 21:03:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/EUs_fiscal_problems_to_linger_-_Buffett_747956.html</guid>
    </item>
    <item>
      <title>Greek political earthquake rattles EU</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Greek_political_earthquake_rattles_EU_747957.html</link>
      <description>Greece faces an uncertain future after an election shake-up by parties opposed to further austerity cuts.</description>
      <pubDate>Mon, 07 May 2012 21:03:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Greek_political_earthquake_rattles_EU_747957.html</guid>
    </item>
    <item>
      <title>Budget surplus not just one-off - Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_surplus_not_just_one-off_-_Swan_747917.html</link>
      <description>Treasurer Wayne Swan says his promise to return the budget to surplus in 2012/13 will not just be a one-off.</description>
      <pubDate>Mon, 07 May 2012 19:04:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/08/Budget_surplus_not_just_one-off_-_Swan_747917.html</guid>
    </item>
    <item>
      <title>Stocks fall as Greece is the word</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Stocks_fall_as_Greece_is_the_word_747829.html</link>
      <description>The Aust share market has taken a beating after concerns over the euro zone and  disappointing US jobs data.</description>
      <pubDate>Mon, 07 May 2012 08:41:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Stocks_fall_as_Greece_is_the_word_747829.html</guid>
    </item>
    <item>
      <title>Vic fire brigade staff stop work</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Vic_fire_brigade_staff_stop_work_747822.html</link>
      <description>About 100 corporate and technical staff at the Metropolitan Fire Brigade have held work stoppages.</description>
      <pubDate>Mon, 07 May 2012 07:46:03 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Vic_fire_brigade_staff_stop_work_747822.html</guid>
    </item>
    <item>
      <title>Data strong but unconvincing</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Data_strong_but_unconvincing_747819.html</link>
      <description>Retail and residential building figures were stronger than expected in March but not strong enough.</description>
      <pubDate>Mon, 07 May 2012 07:37:10 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Data_strong_but_unconvincing_747819.html</guid>
    </item>
    <item>
      <title>CBA to cut 100 jobs in Melbourne</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/CBA_to_cut_100_jobs_in_Melbourne_747813.html</link>
      <description>Commonwealth Bank will cut about 100 jobs in Melbourne as it scales back to deal with weak demand.</description>
      <pubDate>Mon, 07 May 2012 07:16:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/CBA_to_cut_100_jobs_in_Melbourne_747813.html</guid>
    </item>
    <item>
      <title>Leighton pushes back Brisbane link road</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Leighton_pushes_back_Brisbane_link_road_747811.html</link>
      <description>Leighton Holding's shares dipped after a delay on the completion of Brisbane's Airport Link was announced.</description>
      <pubDate>Mon, 07 May 2012 07:16:07 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Leighton_pushes_back_Brisbane_link_road_747811.html</guid>
    </item>
    <item>
      <title>Building approvals rose 7.4% in March</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Building_approvals_rose_74_in_March_747809.html</link>
      <description>The Australian Bureau of Statistics has released building approvals data for March.</description>
      <pubDate>Mon, 07 May 2012 07:11:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Building_approvals_rose_74_in_March_747809.html</guid>
    </item>
    <item>
      <title>Retail spending growth could be a blip</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Retail_spending_growth_could_be_a_blip_747807.html</link>
      <description>A significant increase in retail spending could be nothing more than a statistical blip, says retailer group</description>
      <pubDate>Mon, 07 May 2012 07:09:44 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Retail_spending_growth_could_be_a_blip_747807.html</guid>
    </item>
    <item>
      <title>Retail trade rose 0.9% in March</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Retail_trade_rose_09_in_March_747804.html</link>
      <description>Retail trade rose in March to a seasonally adjusted $21.231 billion.</description>
      <pubDate>Mon, 07 May 2012 07:06:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Retail_trade_rose_09_in_March_747804.html</guid>
    </item>
    <item>
      <title>Aust shares close lower</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Aust_shares_close_lower_747785.html</link>
      <description>The Aust share market has closed more than two per cent lower after a  historic regime change in France.</description>
      <pubDate>Mon, 07 May 2012 06:33:13 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Aust_shares_close_lower_747785.html</guid>
    </item>
    <item>
      <title>Job advertisements post fall in April</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Job_advertisements_post_fall_in_April_747730.html</link>
      <description>A survey shows job advertisements posted a sharp fall in April after three consecutive months of rises.</description>
      <pubDate>Mon, 07 May 2012 03:52:54 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Job_advertisements_post_fall_in_April_747730.html</guid>
    </item>
    <item>
      <title>Good data reduces chance of rate cuts</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Good_data_reduces_chance_of_rate_cuts_747729.html</link>
      <description>The Australian Bureau of Statistics has reported that retail spending rose 0.9 per cent in March.</description>
      <pubDate>Mon, 07 May 2012 03:52:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Good_data_reduces_chance_of_rate_cuts_747729.html</guid>
    </item>
    <item>
      <title>Swan set to deliver 'fair-go' budget</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Swan_set_to_deliver_fair-go_budget_747713.html</link>
      <description>Treasurer Wayne Swan is preparing to deliver what he calls a 'tough, but fair-go budget' on Tuesday night.</description>
      <pubDate>Mon, 07 May 2012 03:15:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Swan_set_to_deliver_fair-go_budget_747713.html</guid>
    </item>
    <item>
      <title>Margaret Seale joins Telstra board</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Margaret_Seale_joins_Telstra_board_747708.html</link>
      <description>Random House managing director Margaret Seale has joined Telstra's board as a non-executive director.</description>
      <pubDate>Mon, 07 May 2012 03:00:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Margaret_Seale_joins_Telstra_board_747708.html</guid>
    </item>
    <item>
      <title>$A down on weak US jobs, Euro elections</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/A_down_on_weak_US_jobs_Euro_elections_747695.html</link>
      <description>The Australian dollar has fallen on weak US  jobs data and news from European elections.</description>
      <pubDate>Mon, 07 May 2012 02:40:43 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/A_down_on_weak_US_jobs_Euro_elections_747695.html</guid>
    </item>
    <item>
      <title>Aus stocks down 1.5 per cent at noon</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Aus_stocks_down_15_per_cent_at_noon_747694.html</link>
      <description>Australian stocks were more than 1.5 per cent lower at noon following losses on Wall Street.</description>
      <pubDate>Mon, 07 May 2012 02:40:36 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Aus_stocks_down_15_per_cent_at_noon_747694.html</guid>
    </item>
    <item>
      <title>Whitehaven makes $172m bid for Coalworks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Whitehaven_makes_172m_bid_for_Coalworks_747658.html</link>
      <description>Whitehaven Coal is continuing its expansion, launching a $172 million offer for NSW coal explorer Coalworks.</description>
      <pubDate>Mon, 07 May 2012 02:02:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Whitehaven_makes_172m_bid_for_Coalworks_747658.html</guid>
    </item>
    <item>
      <title>Alesco waits for details of takeover bid</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Alesco_waits_for_details_of_takeover_bid_747657.html</link>
      <description>Alesco has urged its shareholders to take no  action on a $188 million takeover offer from DuluxGroup</description>
      <pubDate>Mon, 07 May 2012 02:02:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Alesco_waits_for_details_of_takeover_bid_747657.html</guid>
    </item>
    <item>
      <title>Business conditions weak in April - NAB</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Business_conditions_weak_in_April_-_NAB_747656.html</link>
      <description>A survey shows business conditions worsened in April, unwinding the gradual improvement in activity.</description>
      <pubDate>Mon, 07 May 2012 02:02:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Business_conditions_weak_in_April_-_NAB_747656.html</guid>
    </item>
    <item>
      <title>Australian shares down 1.5 per cent</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Australian_shares_down_15_per_cent_747638.html</link>
      <description>The Australian share market has opened down nearly one-and-a-half per cent.</description>
      <pubDate>Mon, 07 May 2012 01:08:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Australian_shares_down_15_per_cent_747638.html</guid>
    </item>
    <item>
      <title>Orica's profit falls due to leaks</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Oricas_profit_falls_due_to_leaks_747630.html</link>
      <description>Chemical leaks at Orica's plant near Newcastle in NSW have contributed to a four per cent drop in profit.</description>
      <pubDate>Mon, 07 May 2012 00:29:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Oricas_profit_falls_due_to_leaks_747630.html</guid>
    </item>
    <item>
      <title>Rail link will still be built - NSW govt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Rail_link_will_still_be_built_-_NSW_govt_747625.html</link>
      <description>The NSW government has reaffirmed its commitment to the North West Rail Link despite a funding setback.</description>
      <pubDate>Mon, 07 May 2012 00:21:32 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Rail_link_will_still_be_built_-_NSW_govt_747625.html</guid>
    </item>
    <item>
      <title>'Fair go' budget endorsed by IMF - Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Fair_go_budget_endorsed_by_IMF_-_Swan_747623.html</link>
      <description>Treasurer Wayne Swan says IMF has given a 'ringing endorsement' to Labor's plan to return to surplus.</description>
      <pubDate>Mon, 07 May 2012 00:21:15 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Fair_go_budget_endorsed_by_IMF_-_Swan_747623.html</guid>
    </item>
    <item>
      <title>Building activity falls again in April</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Building_activity_falls_again_in_April_747618.html</link>
      <description>A study has found Australian building activity has slumped, due to weak demand and lower workloads.</description>
      <pubDate>Sun, 06 May 2012 23:58:18 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Building_activity_falls_again_in_April_747618.html</guid>
    </item>
    <item>
      <title>Suncorp demands flood works in Qld towns</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Suncorp_demands_flood_works_in_Qld_towns_747593.html</link>
      <description>Suncorp, Queensland's biggest insurer, has stopped writing new policies in two towns that repeatedly flood.</description>
      <pubDate>Sun, 06 May 2012 22:40:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Suncorp_demands_flood_works_in_Qld_towns_747593.html</guid>
    </item>
    <item>
      <title>Dentists wary of package in budget</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Dentists_wary_of_package_in_budget_747580.html</link>
      <description>A budget package with cuts to dental waiting lists is being viewed with scepticism by the profession.</description>
      <pubDate>Sun, 06 May 2012 22:17:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Dentists_wary_of_package_in_budget_747580.html</guid>
    </item>
    <item>
      <title>Hollande ousts Sarkozy in France</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Hollande_ousts_Sarkozy_in_France_747579.html</link>
      <description>Socialist Francois Hollande has been elected France's president, ousting incumbent Nicolas Sarkozy.</description>
      <pubDate>Sun, 06 May 2012 22:17:00 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Hollande_ousts_Sarkozy_in_France_747579.html</guid>
    </item>
    <item>
      <title>Greek voters reject eurozone austerity</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Greek_voters_reject_eurozone_austerity_747578.html</link>
      <description>Parties opposing more austerity cuts have claimed almost 60 per cent support in the Greek elections.</description>
      <pubDate>Sun, 06 May 2012 22:16:58 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Greek_voters_reject_eurozone_austerity_747578.html</guid>
    </item>
    <item>
      <title>Australian market preview</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Australian_market_preview_747574.html</link>
      <description>The Australian market looks set to open lower following the lead of Wall Street.</description>
      <pubDate>Sun, 06 May 2012 22:16:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Australian_market_preview_747574.html</guid>
    </item>
    <item>
      <title>$A more than 1 US cent down on jobs data</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/A_more_than_1_US_cent_down_on_jobs_data_747572.html</link>
      <description>The Australian dollar is more than 1 US cent lower, on disappointing US jobs data, and elections in Europe.</description>
      <pubDate>Sun, 06 May 2012 22:13:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/A_more_than_1_US_cent_down_on_jobs_data_747572.html</guid>
    </item>
    <item>
      <title>Childcare costs turn parents off kids</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Childcare_costs_turn_parents_off_kids_747533.html</link>
      <description>A survey shows seven out of 10 parents are delaying having children because childcare is too expensive.</description>
      <pubDate>Sun, 06 May 2012 20:21:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Childcare_costs_turn_parents_off_kids_747533.html</guid>
    </item>
    <item>
      <title>Thomas Cook secures lenders deal</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Thomas_Cook_secures_lenders_deal_747529.html</link>
      <description>Thomas Cook has announced a new financing deal with its lenders which should secure the group's future.</description>
      <pubDate>Sun, 06 May 2012 19:59:34 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Thomas_Cook_secures_lenders_deal_747529.html</guid>
    </item>
    <item>
      <title>Doctors need to address ageing workforce</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Doctors_need_to_address_ageing_workforce_747507.html</link>
      <description>NSW health professionals say doctors need to address the issue of an ageing workforce.</description>
      <pubDate>Sun, 06 May 2012 19:06:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Doctors_need_to_address_ageing_workforce_747507.html</guid>
    </item>
    <item>
      <title>Farmers, miners pan NSW lands plan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Farmers_miners_pan_NSW_lands_plan_747506.html</link>
      <description>Farmers have joined miners in criticising a NSW government plan to protect agricultural land.</description>
      <pubDate>Sun, 06 May 2012 19:06:51 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Farmers_miners_pan_NSW_lands_plan_747506.html</guid>
    </item>
    <item>
      <title>Feds refuse to fund North West Rail Link</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Feds_refuse_to_fund_North_West_Rail_Link_747505.html</link>
      <description>The federal government has knocked back a NSW request to fund the North West Rail link.</description>
      <pubDate>Sun, 06 May 2012 19:06:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Feds_refuse_to_fund_North_West_Rail_Link_747505.html</guid>
    </item>
    <item>
      <title>ACOSS wants PM to increase payments</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/ACOSS_wants_PM_to_increase_payments_747504.html</link>
      <description>The government has been urged to increase welfare allowances rather than cut payments to reduce poverty.</description>
      <pubDate>Sun, 06 May 2012 19:06:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/ACOSS_wants_PM_to_increase_payments_747504.html</guid>
    </item>
    <item>
      <title>Quick RBA budget response no certainty</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/07/Quick_RBA_budget_response_no_certainty_747503.html</link>
      <description>An economic forecaster says there is no guarantee a budget surplus will invoke a rate cut from the RBA.</description>
      <pubDate>Sun, 06 May 2012 19:06:50 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/07/Quick_RBA_budget_response_no_certainty_747503.html</guid>
    </item>
    <item>
      <title>Govt to fund study into Qld arts scene</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Govt_to_fund_study_into_Qld_arts_scene_747342.html</link>
      <description>The Qld govt will fund a study into the future needs of the state's growing arts scene following complaints.</description>
      <pubDate>Sun, 06 May 2012 03:24:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Govt_to_fund_study_into_Qld_arts_scene_747342.html</guid>
    </item>
    <item>
      <title>Govt panicking over carbon tax - Hockey</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Govt_panicking_over_carbon_tax_-_Hockey_747340.html</link>
      <description>The fed govt is revamping the bonus for school children because it is panicked over the carbon tax - Hockey.</description>
      <pubDate>Sun, 06 May 2012 03:22:05 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Govt_panicking_over_carbon_tax_-_Hockey_747340.html</guid>
    </item>
    <item>
      <title>Costa company launches safety measures</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Costa_company_launches_safety_measures_747338.html</link>
      <description>New safety measures are being unveiled for Italian cruise ships after the grounding of Costa Concordia.</description>
      <pubDate>Sun, 06 May 2012 03:20:02 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Costa_company_launches_safety_measures_747338.html</guid>
    </item>
    <item>
      <title>Russian, Norwegian firms seek Arctic oil</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Russian_Norwegian_firms_seek_Arctic_oil_747335.html</link>
      <description>State oil companies Rosneft and Statoil have signed a deal to jointly explore Russia's offshore deposits.</description>
      <pubDate>Sun, 06 May 2012 03:16:45 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Russian_Norwegian_firms_seek_Arctic_oil_747335.html</guid>
    </item>
    <item>
      <title>Pacific Hwy completion by 2016 in doubt</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Pacific_Hwy_completion_by_2016_in_doubt_747275.html</link>
      <description>The completion of the Pacific Highway upgrade, by the 2016 deadline, is in doubt due to state funding.</description>
      <pubDate>Sat, 05 May 2012 23:53:38 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Pacific_Hwy_completion_by_2016_in_doubt_747275.html</guid>
    </item>
    <item>
      <title>Manufacturers hoping for more support</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Manufacturers_hoping_for_more_support_747264.html</link>
      <description>The manufacturing sector is hoping to get more government support in the upcoming federal budget.</description>
      <pubDate>Sat, 05 May 2012 23:20:52 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Manufacturers_hoping_for_more_support_747264.html</guid>
    </item>
    <item>
      <title>Gillard pays for school children</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_children_747224.html</link>
      <description>Prime Minister Julia Gillard is to unveil a bonus for one million families with school-aged children.</description>
      <pubDate>Sat, 05 May 2012 20:25:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_children_747224.html</guid>
    </item>
    <item>
      <title>EPA takes on industrial vandals</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/EPA_takes_on_industrial_vandals_747212.html</link>
      <description>The NSW Environment Minister has told companies to clean up their act, after 14 environmental breaches.</description>
      <pubDate>Sat, 05 May 2012 19:35:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/EPA_takes_on_industrial_vandals_747212.html</guid>
    </item>
    <item>
      <title>Gillard pays for school kids</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_kids_747211.html</link>
      <description>Prime Minister Julia Gillard is to unveil a bonus for one million families with school-aged children.</description>
      <pubDate>Sat, 05 May 2012 19:35:53 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Gillard_pays_for_school_kids_747211.html</guid>
    </item>
    <item>
      <title>Bowel cancer screens for budget boost</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/06/Bowel_cancer_screens_for_budget_boost_747199.html</link>
      <description>The federal government is making $50 million available so more people can get free bowel cancer screens.</description>
      <pubDate>Sat, 05 May 2012 19:14:04 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/06/Bowel_cancer_screens_for_budget_boost_747199.html</guid>
    </item>
    <item>
      <title>Slow hiring sends the Wall St reeling</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Slow_hiring_sends_the_Wall_St_reeling_747064.html</link>
      <description>US stocks plungedafter the government reported that hiring slowed sharply last month.</description>
      <pubDate>Sat, 05 May 2012 06:52:59 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Slow_hiring_sends_the_Wall_St_reeling_747064.html</guid>
    </item>
    <item>
      <title>US market for business jets crashes</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/US_market_for_business_jets_crashes_747063.html</link>
      <description>Economic turbulence has shrunk the US market for business jets.</description>
      <pubDate>Sat, 05 May 2012 06:49:26 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/US_market_for_business_jets_crashes_747063.html</guid>
    </item>
    <item>
      <title>Carbon tax leaving 330 entities to pay</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Carbon_tax_leaving_330_entities_to_pay_746954.html</link>
      <description>The regulator which will oversee the carbon tax expects around 330 entities will be liable to pay the tax.</description>
      <pubDate>Sat, 05 May 2012 00:10:55 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Carbon_tax_leaving_330_entities_to_pay_746954.html</guid>
    </item>
    <item>
      <title>$A trading at 1.0186 US cents</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/A_trading_at_10186_US_cents_746910.html</link>
      <description>The Dow Jones Industrial Average is DOWN 147.92 points at 13058.67 in late trading in New York.</description>
      <pubDate>Fri, 04 May 2012 21:14:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/A_trading_at_10186_US_cents_746910.html</guid>
    </item>
    <item>
      <title>India's Reliance hit with $US1.25bn fine</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Indias_Reliance_hit_with_US125bn_fine_746907.html</link>
      <description>India's govt has asked Reliance Industries to pay a $US1.25 billion penalty for a fall in gas production.</description>
      <pubDate>Fri, 04 May 2012 21:11:19 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Indias_Reliance_hit_with_US125bn_fine_746907.html</guid>
    </item>
    <item>
      <title>Tokyo to track US jobs, Europe polls</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Tokyo_to_track_US_jobs_Europe_polls_746905.html</link>
      <description>Investors are to look to US economic data and France and Greece's elections after Tokyo's tepid trade.</description>
      <pubDate>Fri, 04 May 2012 21:08:35 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Tokyo_to_track_US_jobs_Europe_polls_746905.html</guid>
    </item>
    <item>
      <title>Asset sale lifts BNP Paribas' earnings</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Asset_sale_lifts_BNP_Paribas_earnings_746868.html</link>
      <description>French bank BNP Paribas says a gain on the sale of its property arm has helped lift first quarter earnings.</description>
      <pubDate>Fri, 04 May 2012 19:09:37 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Asset_sale_lifts_BNP_Paribas_earnings_746868.html</guid>
    </item>
    <item>
      <title>US unemployment dips to 8.1 per cent</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/US_unemployment_dips_to_81_per_cent_746866.html</link>
      <description>US unemployment rate has fallen to 8.1 per cent in April as the economy created a modest 115,000 jobs.</description>
      <pubDate>Fri, 04 May 2012 19:05:12 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/US_unemployment_dips_to_81_per_cent_746866.html</guid>
    </item>
    <item>
      <title>US stocks sink after poor jobs numbers</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/US_stocks_sink_after_poor_jobs_numbers_746863.html</link>
      <description>US job creation shows a poor figure for April sending US stocks lower on opening.</description>
      <pubDate>Fri, 04 May 2012 19:02:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/US_stocks_sink_after_poor_jobs_numbers_746863.html</guid>
    </item>
    <item>
      <title>Commissioner to inspect unclean hospital</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Commissioner_to_inspect_unclean_hospital_746860.html</link>
      <description>Staff at a major Sydney hospital will hold off on industrial action while a referee inspects the facility.</description>
      <pubDate>Fri, 04 May 2012 18:49:17 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Commissioner_to_inspect_unclean_hospital_746860.html</guid>
    </item>
    <item>
      <title>RBA, govt GDP forecasts similar - Swan</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/RBA_govt_GDP_forecasts_similar_-_Swan_746858.html</link>
      <description>Wayne Swan is basing his upcoming federal budget on similar economic parameters to the central bank.</description>
      <pubDate>Fri, 04 May 2012 18:41:16 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/RBA_govt_GDP_forecasts_similar_-_Swan_746858.html</guid>
    </item>
    <item>
      <title>Oil's dramatic drop to $US100</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/05/Oils_dramatic_drop_to_US100_746856.html</link>
      <description>The price of oil in the US has dropped below $US100 per barrel for the first time since February.</description>
      <pubDate>Fri, 04 May 2012 18:36:30 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/05/Oils_dramatic_drop_to_US100_746856.html</guid>
    </item>
    <item>
      <title>ConsMedia says not selling Foxtel stake</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/04/ConsMedia_says_not_selling_Foxtel_stake_746786.html</link>
      <description>Consolidated Media Holdings says its one-quarter stake of pay television provider Foxtel is not for sale.</description>
      <pubDate>Fri, 04 May 2012 09:06:25 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/04/ConsMedia_says_not_selling_Foxtel_stake_746786.html</guid>
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      <title>Westpac hands businesses full rate cut</title>
      <link>http://bigpondnews.com/articles/Finance/2012/05/04/Westpac_hands_businesses_full_rate_cut_746785.html</link>
      <description>Westpac handed businesses a 50 basis point rate cut but held back some RBA's reduction from home owners.</description>
      <pubDate>Fri, 04 May 2012 09:06:21 GMT</pubDate>
      <guid>http://bigpondnews.com/articles/Finance/2012/05/04/Westpac_hands_businesses_full_rate_cut_746785.html</guid>
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