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Australia to become a safe haven for global capital?

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With all the current chaos going on overseas with the real possibility of Greece leaving the Eurozone, our own Ken Henry, former Treasury secretary, believes that Australia could become a safe haven for global capital. Speaking to ABC television, Henry explained that we could very well see some quite large capital movements into the country…. […]

Coles defend high sale of home brand products

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The sale of Coles home brand products has increased significantly over the past few years, more than likely due to the fact that name brand polices are increasing to a level that consumers just can’t afford to pay for, so they are opting for the cheaper alternative. According to the company’s Merchandise Director, they are […]

Small business Insolvency

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According to ASIC figures, during February 2012 a record 1,123 businesses were placed in administration, Dynamic Business has reported. This is the highest single month on record, which highlights the difficult economic climate small business owners currently face. Whilst the individual reasons for so many company failures will be varied, it is worth noting that […]

Alesco rejects Dulux take over bid

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Paint giant Dulux has attempted a take over of construction supplier Alesco, however their offer of $188 million for the remaining 80%, or $2 per share, has been rejected. Alesco, who supplies construction products, cabinet and window products and garage doors, have confirmed that the amount offered was too low with the desired amount being […]