Business | The Satellite

Déjà vu for technology investors

OLDER investors could be forgiven for having a sense of de ja vu on hearing the news that Facebook is expected to float at $100billion, writes Julian Knight.
Have your say »

Business boosts Emily's career

20-year-old Emily Perry is excited to take the helm as managerial director at the Boost juice bar in Stockland Rockhampton.

20-YEAR-OLD Emily will become one of Rockhampton's youngest entrepreneurs when she takes the helm of Boost juice bar in Stockland Rockhampton on Wednesday.
Have your say »

'Hunt for mine jobs waste of time'

A SIGN OF HIS TIMES: Mark Freeman stands behind the sign he erected yesterday at a busy Sunshine Coast overpass, revealing his frustration at not being able to get a job in the booming mining industry.

ALL Mark Freeman has to show for his $6000 investment in securing a mining industry job is a maxed out credit card, an overdue mortgage and mounting bills.
Comments (20) »

Mining booty brings hardships

BOOM TIME: There are $32.5 billion of mining projects in the region, planned or under way, which will deliver about 30,000 jobs.

A WHOPPING $32.5b of mining projects in the region are set to deliver some 30,000 jobs, sparking calls for urgent investment in infrastructure and services.
Comments (3) »

Return of the traditional mortgage

Claite says lenders tightened up on line-of-credit loans during the global financial crisis. ''Unless you could prove what you were using the money for, they weren't too happy with providing these facilities,'' he says.

VOLATILE investment markets and shaky property values are making line-of-credit loans less popular and potentially harder to unwind for those who have one.
Comments (1) »

How do I sell my property?

THE major difference between selling a home by auction and private treaty is that the home is taken to market without a declared price.
Comments (1) »

Is Facebook really worth so much?

In just eight years, Facebook has attracted 845 million users, more than half of whom use the site every day, and it made a profit of $1bn on total revenues - advertising plus fees - of $3.7 billion.

THE Morgan Stanley bankers who have been hired to run the Facebook flotation find themselves in a months-long jousting match over stock's sale price.
Have your say »

Westpac ready to bring the pain

Westpac denied that large-scale job cut announcements are in the works, saying that yesterday's disclosure would be "the most significant for this year."

WESTPAC employees are bracing for the loss of as many as triple the number of job losses already announced this week as the bank adjusts to a weak economy.
Comments (1) »

Microsoft scam snares Bay mum

Microsoft scammers were at it again this week catching out a young Hervey Bay mum.

A CRIMINAL cell is targeting vulnerable people living on the Fraser Coast, stealing cash, credit card details and personal information.
Comments (21) »

Highrise rules to keep kids safe

The changes will be included in the National Construction Code from May 2013.

APARTMENTS and multi-storey homes are about to get a little safer for children thanks to a rule change around windows in new buildings.
Have your say »

Thais snap up sugar mill shares

Will the bid for the Maryborough Sugar Factory succeed?

WITH just a week to go before the deadline on Mitr Phol's takeover of MSF Sugar, the Thai company has acquired 35% of shares.
Comments (11) »

RBA expected to drop rates

MOST Australians are expecting the Reserve Bank of Australia to reduce official interest rates again when its board meets next week.
Comments (1) »

Tiger comeback tipped

Residents may have a chance to take advantage of budget flights from Mackay to Melbourne if Tiger Airways can be persuaded to return to Mackay Airport.

PEOPLE may see the return of direct flights to Melbourne if Mackay Airport has its way – but Tiger Airways is yet to confirm any plans to resume the service.
Comments (12) »