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Lemsip
We are too ill today to make it into the Old Hat Factory, so we make our observations today from the safety of home, comforted by a mug of Lemsip.
ABC Should Have Learned its 123
Its shares continue to be suspended as the company and its auditors trawl through at least the last two years finances [...]

The sharp drop in oil prices and hints of corporate activity helped push Virgin Blue shares off their awful all time lows of around 50 cents a month or so ago.
The shares went for a good run, climbing well above $1.10, but then reality set in yesterday with the company confessing that profitability [...]

It won’t be as dramatic a week this week as last week was with four leading central banks meeting; our bank’s signalling a rate cut as soon as next month, and then the Europeans ruling out a rate rise sparking a major rise in the value of the US dollar, which was already on the [...]

The Australian economy is in danger of slowing to the point where it drops into what’s called a growth recession, where a weak and sluggish domestic economy is only supported by the still strong export sector, thanks to rising prices for exports of iron ore, coking and thermal coal, oil and gas.
Some economists reckon the [...]

The impact of the credit crunch saw two banks and a financial and industrial group fail on Friday in three different countries in the most damaging day so far since the crisis started last August.
US banking regulators on Friday swooped in to take over mortgage lender IndyMac Bancorp Inc, the second-largest bank failure in US [...]

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Yes the economy continued to slow in May, although retail sales lurched upwards as some retailers tried to clear stocks.
But housing approvals plunged and continue to look soft, supporting the 17 year low for housing credit in the May figures from the Reserve Bank, and Monday’s figures for a 5%-plus fall in new home sales, [...]

PROMINENT HILL PROJECT UPDATE ­ EXPLORATION SUCCESS, PROJECT MILESTONES ACHIEVED
Recent drilling completed west of the pit at Oxiana’s Prominent Hill copper-gold project in South Australia has highlighted significant potential for the discovery of an additional deposit close to existing
infrastructure. Several major milestones for the project, which is nearing completion, have also been
achieved, including connection of [...]

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