Business

Monday, May 20th, 2013

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Low rates can't lift NAB

Offering lower interest rates has done little to lift NAB’s satisfaction rating among business customers.

Westpac drops fixed rate

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New Xbox set for release

Software giant Microsoft is set to launch the next generation Xbox console later this week.

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WA's economic party is over

$2b hit to State's income forecast paints grim picture. 02:40 am

Related:: Budget slowdown; Business blamed; Frontline fears

Executive quits Muja vehicle

Mystery surrounding Verve's troubled $250m bid to resurrect Muja power station has deepened. 05:59 am

Albanese backs airport rail plan

Federal Minister plays down significance of document that casts doubt on transport plans. 04:34 am

CBH warns of risky choice

CBH has warned growers to carefully consider the risks in opting out of integrated supply chain. 06:00 am

ASX opens up firmly on strong lead

Aussie market up nearly 1pc at open after Wall St again set new record on Friday. 07:43 am

WA Business

Busselton growers fear increase in imports

Busselton growers have warned the future of home-grown fruit and vegetables is in grave danger due to cheap imports. May 20, 2013, 6:00 am

Viento wins $15.4m FMG contract 21 minutes ago
CBH warns of risky choice May 20, 2013, 6:00 am
Executive quits Muja vehicle May 20, 2013, 5:59 am
The party is over May 20, 2013, 2:40 am

National

Lower rates fail to lift NAB ratings

Offering lower interest rates than its main competitors has done little to lift National Australia Bank's satisfaction rating among its business customers. 1 hour, 59 minutes ago

Viento wins $15.4m FMG contract 21 minutes ago
Aust bonds weaker after more good US data 50 minutes ago
Aust stocks higher after Wall St record 58 minutes ago
Aust shares open higher 1 hour, 27 minutes ago

World

On fleeting Hong Kong trips, Chinese make frugal fashionable

By Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is… 1 hour, 29 minutes ago

Britain backs push for alternative small firm funding sources 1 hour, 34 minutes ago
Britain's Cameron makes personal plea to tax havens May 20, 2013, 7:11 am
Analysis - Little sign Abe can shake up Japan's inbound FDI May 20, 2013, 5:26 am
Yahoo's board approves Tumblr acquisition - WSJ May 20, 2013, 4:35 am

Technology

Yahoo! to buy blog-maker Tumblr for $1.1 bn: report

Yahoo!'s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, it has been reported. May 20, 2013, 4:38 am