Fraud rife as home buyers go for grants
SOME first home buyers are changing the date of existing contracts so they qualify for the latest lucrative Federal Government grants.
Soros tips funds wipeout
HEDGE funds will be decimated by the global financial meltdown, according to billionaire investor George Soros.
BHP admits to $920m ore sales hit
BHP Billiton has admitted it is facing first-half iron ore sales losses of up to $US600 million ($920 million).
Soros warns of economic depression
GEORGE Soros, famous investor and chairman of Soros Fund Management, has warned that the economy could enter a depression.
Angry shareholders vote down pay rise
WESFARMERS shareholders have had a symbolic win by voting down a $450,000 pay increase for boss Richard Goyder.
Peril if foreign banks flee
AUSTRALIAN corporates could face serious funding pressures as foreign banks abandon the local loan market.
Car makers in crisis
A GRIM silence will descend on the planet's car factories this Christmas as the assembly lines stop and vehicles cease being built.
End of the tax return near - Treasury
TAX-FREE dividends could be scrapped along with individual tax returns under proposal to simplify the tax system.
Commonwealth Bank faces $2bn in debt
COMMONWEALTH Bank has confirmed it will write-off at least $2 billion in bad debt.
Macquarie faces $145m hit
MACQUARIE Group will take a $145 million hit on its cash earnings as its struggling satellite funds plunge in value.
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