Last updated: August 11, 2011

Weather: Brisbane 8°C - 22°C . Shower or two, possible storm.

Fraser: 10,000 more jobless 'a boost'

unemployment

UPDATE TREASURER puts positive spin on Queensland's rising jobless rate, focusing on the momentum generated in the past four months.

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French rumours drag down dollar

Share slump

SHARE slump amid rumours that France could be stripped of its AAA rating and become latest victim of debt crisis.

Diners ready to venture out again

Restaurant guide

SEVEN months after the floods Brisbane foodies have their appetites back, with a slew of new restaurants set to open to cater to them.

No hiding from costs, warns CBA

Ralph Norris announces CBA's profit

THE Commonwealth Bank chief warns that lending rates could come under renewed pressure with uncertainty in global markets.

Rate cut may be silver lining amid turmoil

home loans

WITH consumer confidence at historic lows, a 0.25 percentage point interest rate cut has been tipped for September and possibly 1 per cent by Christmas.

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Theme park plan for Sunny Coast

Clive Palmer

MOVE over Australia Zoo and Big Pineapple - Queensland's richest man has plans for a theme park to make the Sunshine Coast a tourism mecca.

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Some Tiger pilots failed flying test

Airplane

TIGER Airways' pilots were forced to prove their flying ability after the airline was grounded last month, and not all of them passed.

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Social network out to kill SMS

Facebook

A MONTH before Apple releases a similar app, Facebook has unveiled a messaging service for smartphones that aims to make SMS redundant.

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Business Owner

Sacked staff paid to go away

fistful of cash

SMALL businesses are forking out thousands to workers to make them go away, with new laws making it "too easy" for them to claim unfair dismissal.

13 comments on this story

Safeguard assets and save costs

Tax

MINIMISING the risk of paying too much tax is easier to achieve than many small business and self-employed enterprises realise.

Passionate about sea and seafood

Kristina Georges

KRISTINA Georges is a passionate business owner on a crusade. The fishmonger established Samies Girl Seafoods by buying a business formerly owned by her family that had gone into receivership.

5 comments on this story

Bakery rises on gluten-free recipe

Josef Zehnder

JOSEF Zehnder - who bakes to-die-for gluten-free products - is no stranger to success.

1 comment on this story

Market Data

Financials

$A recoups after Wall St scare

bizmoney stock dollar 20101109

THE Australian dollar slid under the weight of another Wall Street sell-off overnight, but pared some losses late in Asian action.

Stocks close flat after volatile run

Shares, stocks, trader, IG Markets trader

AUSTRALIAN shares recovered early losses to close flat as the lure of bargains helped the market buck a weak offshore lead.

Goldman joins rate cut club

RBA

GOLDMAN Sachs now expects the RBA to ease monetary policy by as much as 50 basis points before the end of the year.

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