As one of the last few remaining AAA rated developed nations, Australia has a fairly high central bank interest rate compared to some of its peers. However, the cost of living in Australia has recently moderated, with the December 2012 Quarter CPI rising just 0.2%, compared with a 1.4% rise in the September Quarter. Overall, the CPI rose just 2.2% for the year to December. The Australian Bureau of Statistics […]
Many of today’s consumers expect to be able use a debit or credit card to buy almost anything that they want. This might include a small $5 sandwich or even your $3 cappuccino at your local cafe. And with this shift to a cashless society, some restaurant owners are needing to adapt to the changes of society. Most restaurant owners have responded resoundingly: in fact, 92% of full-service restaurants now […]
You may be asking yourself whether Gold stocks are a buy in this volatile market. You may be asking yourself whether Gold stocks are a buy in this volatile market, with many traders saying Gold is exhibiting strong “Buy” signals. So you may be asking yourself what the Gold price has been doing in the last few months, and in the start to 2013. Well, not much really is the […]
Monday saw the yen weaken further in Asian trade as criticism of the currency’s slide heats up, with some warning that Tokyo’s foreign-exchange policy could spark a global currency war. The dollar bought 91.02 yen in Tokyo, up from 90.87 yen in New York on Friday, while the euro was at 122.55 yen from 122.28 yen. The Bank of Japan (BoJ) on Tuesday announced an open-ended easing plan and a […]