TROPICAL Cyclone Yasi has caused widespread damage and personal loss to Far North Queensland but the overall economic impact for the year is expected to be limited, experts say. While the insurance industry says it is still too early to have an accurate picture of full impact of Yasi, Commonwealth…
Interactive economic charts
I’ve been working on a series of interactive economic charts for the business section of news.com.au. Here is a screen shot of the interactive dollar chart. You can zoom in and out and highlight key events. We also have interactive charts for the unemployment rate, interest rates, inflation and GDP.
Sold! Aussie web-gurus hit the jackpot with retailmenot.com
WHAT started as a weekend hobby has led to a multi-million dollar payday for two Melbourne men, after a private US firm backed by a group of powerful venture capital firms purchased their coupon website. Guy King, 32, and his business partner, Bevan Clark, 37, yesterday finalised the deal to…
Qantas loses fight with Falun Gong flight attendant
QANTAS has been ordered to reinstate a flight attendant banned from international duties over her practise of Falun Gong. Sheridan Genrich, from Sydney’s Lane Cove, was demoted to a short-haul attendant after she was threatened by authorities during a 2008 stopover in Beijing and deported because of her spiritual beliefs…
Costco pumps $140m into Aussie growth
COSTCO’s only Australian store made $8.9 million in sales and membership fees in its first two weeks of operation, as customers flocked to the warehouse discount outlet. But Costco Wholesale Australia made an overall loss of $14 million in the year to August 31, 2009, due to the costs of…