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Cash News

Generosity Astounds Salvos

Tuesday December 30, 2008
DESPITE global economic uncertainty, the Salvation Army has been flooded with an unprecedented amount of gifts and cash this Christmas.

Macquarie Office Buys Time With Debt Extension

Tuesday December 30, 2008
MACQUARIE OFFICE TRUST has secured a brief extension on its $US74.5 million ($108 million) loan for an office block in the United States while it tries to improve its cash position by selling property and raising new capital before debts of $1.4 billion fall due next year.

Fkp Had Cash Crisis Long Before It Was Disclosed

Monday December 29, 2008
THE Queensland developer FKP Property Group was having serious financial difficulties well before it disclosed them to the sharemarket, a Federal Court has found.

Words Of Comfort And Unerring Fear

Monday December 29, 2008
NOT happy with your investment portfolio over this past year? Don't despair. You probably just haven't met the right annual compound returns yet. So never give up on love. Of money. There is a pile of cash out there waiting for you and if you truly, truly believe in it, then eventually it will all happen for you. Here are some words that people believe in, goodness knows why.

Festive Lunch Brings People Together

Friday December 26, 2008
THE Federal Government's cash bonus may have brought relief to struggling Hunter residents, with numbers slightly down at yesterday's Samaritans Christmas lunch.

Scud Set To Join Rafter In Legends Field

Monday December 22, 2008
MARK Philippoussis is expected to announce today that he will join his former Davis Cup teammate Pat Rafter in the field for the revamped Australian Open legends event, having withdrawn from the inaugural World Team Challenge exhibition scheduled for Adelaide earlier in January in the latest postponement of his comeback date. He was to partner Pat Cash in the World Tennis Challenge exhibition in Adelaide next month. Philippoussis, 32, has not played since re-injuring his knee in last year's ...

Blown On The Pokies

Saturday December 20, 2008
HUNTER clubs have reported an increase of up to 50 per cent in poker machine revenue in the two weeks since the Federal Government began handing out its cash bonus to pensioners and low-income earners.

Cause And Effects Of Coaching Syndrome

Saturday December 20, 2008
THE Independent Commission Against Corruption has been conducting hearings into the case of a Chinese immigrant couple who allegedly offered a Sydney teacher $2500 in cash to help get their child into a selective high school.

Is Near Enough To The Bottom Good Enough?

Friday December 19, 2008
Simon Hoyle asks an industry fund manager why he has decided to go back into the market - for the long haul. About three months ago the Retail Employees Superannuation Trust (REST), an industry super fund, decided it was time to start investing some of the cash it had stockpiled the previous year. The fund doesn't have a crystal ball to show when it's safe to go back into the market. And no one rang a bell to tell REST the market had bottomed.

Overseas Students Exploited As Cash Cows

Wednesday December 17, 2008
UNIVERSITIES have relied too heavily on revenue from overseas students to compensate for scant public funding, a Government-commissioned review of higher education has found.

Now It's Come To The Crunch

Tuesday December 16, 2008
SPEND, spend, spend. Everyone wants us to splash our cash: the Government, retailers, manufacturers, tradies, charities, restaurateurs, pubs and clubs.

Tax Leeway Just A Fair Go: Senator

Monday December 15, 2008
ILLAWARRA-BASED Liberal senator Concetta Fierravanti-Wells is calling on the Federal Government to provide relief for small businesses in the Illawarra, to help them manage cash flow and maintain employment levels in the difficult economic environment.

14 Years For Armed Robberies

Saturday December 13, 2008
A SERIAL armed robber was sentenced to a minimum 14 years' jail yesterday for offences including three gun-wielding raids on soft targets, which netted almost $100,000 cash.

China Bides Time On Rio Stake Increase

Thursday December 11, 2008
CHINA Inc is unlikely to assist Rio Tinto with a major cash injection any time soon, despite what Chinese officials say is a top-level Government directive for state-owned companies to go out and buy international resources assets at current discount prices.

Chinalco Bides Time On Rio Stake

Thursday December 11, 2008
CHINA Inc is unlikely to assist Rio Tinto with a major cash injection any time soon, despite what Chinese officials say is a top-level Government directive for state-owned companies to go out and buy international resources assets at current discount prices.

Cash Lands Pushy Parents Before Icac

Wednesday December 10, 2008
A SYDNEY father accused of bribing his son's teacher to help him get into a selective high school yesterday described the film character Forrest Gump's mother as a hero for sleeping with a teacher to help her son gain entry to a school.

How payday loans work

Wednesday December 10, 2008
Learn how a payday loan works today.

Pm Holds The Line On Spending

Tuesday December 9, 2008
PRIME Minister Kevin Rudd expects there will be criticism of his Government's decision to flood the economy with cash, but says to do nothing to support jobs would be worse.

Toy Joy In Revved Up Run

Monday December 8, 2008
MORE than 4000 bikers converged on Newcastle yesterday to deliver cash and toys in the annual Bikers for Kids Toy Run.

Protect The Bottom Line

Monday December 8, 2008
It's a fine line between hoarding and running out of cash, writes Melinda Ham.

Imb Passes On Full Rba Rate Cut

Saturday December 6, 2008
THE IMB yesterday announced it would pass on the full Reserve Bank of Australia cash rate cut and reduce its variable home loan rates by 1 per cent per annum.

Call Time On Conduct Unbecoming By Those We Elect

Friday December 5, 2008
On the very day Federal Parliament recognised the lifelong and selfless dedication to the public good of Frank Crean, a modern-day mug from his beloved party allegedly attempts to profit from his privileged position and the misery of a troubled soul ("MP caught up in cash for photograph scandal", December 4). Fortunately Frank was not yet in his grave and thereby saved the effort of turning in it.

Oz Minerals Still Tight For Cash, Even After Refinancing

Friday December 5, 2008
OZ MINERALS's problems could extend beyond the refinancing of $1 billion of debt.

Cash Shortfall Leaves Crossing A Pipe Dream

Wednesday December 3, 2008
Getting data under the Pacific needs more than good intentions.

Inflated Wholesale Funding Costs Will Curb Mortgage Cuts: Anz

Wednesday December 3, 2008
ANZ has raised doubts about passing on further cash-rate cuts in full after warning that wholesale funding costs are likely to remain inflated in the medium term.

More Cuts And Cash To Come Homeowners Save $260

Wednesday December 3, 2008
THE Reserve Bank has not ruled out further rate cuts after it slashed 1 percentage point from borrowing costs yesterday, while the Government stands ready to rain more money on families.

Takeover Success To Pay Off

Wednesday December 3, 2008
COMPANIES associated with directors of the listed cashbox Coneco could reap more than $350,000 in fees if its reverse takeover by former Pyramid Building Society chief Bill Farrow's company succeeds. Mr Farrow and former America's Cup skipper John Bertrand will each get $500,000 in cash as a down payment for Coneco's $10 million acquisition of their film footage company, World Wide Entertainment.

Sweet Rates Relief

Wednesday December 3, 2008
THE Reserve Bank's decision to slash the official cash rate by one percentage point drew a collective sigh of relief from the region's mortgage holders yesterday.

Christmas Cheer For Families

Tuesday December 2, 2008
SOME Australian families with two children and a mortgage could be looking at savings and cash bonuses of up to $650 a week through December.