| Sports Betting Online |
Pokies are a bad investment
25 February 2009 |
| |
| Poker machine industry leader Aristocrat Leisure has announced a 75 per cent decline in profit because of difficult economic conditions and widespread smoking bans in pokie venues.Net profit for the December half fell $91 million to $30.8 million, but full year revenue was down just 3.9 per cent to $1.079 billion. Aristocrat spent $57 million settling a class action during the year.Chief Financial Officer Simon Kelly said the results were affected by delays with new games. A new chief executive will be take over as soon as credentialing is completed.Aristcrat shares closed down 13 cents to $3.60. Shareholders will get a 10 cent dividend in March. |
| |
| Source : Herald Sun |
| |
|
|
|
| |
| 27 February 2009 | - Rich retirees to pay for pension boost |
| | - Finance company to pay fine |
| | - Credit crisis to hit mainstream personal customers |
| | - Commissioned financial advice rip off |
| | - CBA targets first home buyers online |
| |
| 26 February 2009 | - Tax Office says no BAS required from fire, flood a |
| | - St. George cuts fixed rate loans |
| | - RHG milks profits with high rates |
| | - Mortgage Choice says housing will bounce |
| | - Building societies deny negative outlook |
| | - Bankwest customers get CBA ATMs |
| | - ANZ profit down, bad debts up |
| | - Age pension up but mums miss out |
| |
| 25 February 2009 | - Unclear definition on what constitutes a recession |
| | - PayPal told to freeze fees |
| | - Investors lose faith in advice, markets, life |
| | - Grants provide glimmer of hope for home buyers |
| | - CBA rides to rescue of (some) Wizard customers |
| | - $75K for fire victims from banks, charity, govt |
| |
| 24 February 2009 | - Housing market set for a gloomy year |
| | - No more big rate cuts |
| | - CBA factors in future rate rises |
| | - ANZ offers share fund to online savers |
| | - Suncorp to say no to breakup plan |
| | - St George still favourite bank for business |
| | - Fixed rate loans offer value to investors |
| | - Depositors face new ATM fees |
| | - ATM fee free networks emerge |
| | - ANZ wants to lend more to small business |
| |
| 23 February 2009 | - Crackdown on small ASX listed companies |
| | - Smart investing creates wealth for average workers |
| | - Households look to get debt under control |
| | - Credit card holders pay down debt |
| | - CBA, NAB, ANZ tighten up on first home buyers |
| | - CBA, Citi grant fee relief to ATM customers |
| | - Sydney, Melbourne auctions still sick |
| | - Shortfall on business lending rates |
| | - Ruddbank wonÂt save bad business |
| | - Perth suburb is richest in Australia |
| | - Adelaide, Brisbane auctions on life support |
| |
| 20 February 2009 | - Wizard borrowers miss out on rate cuts |
| | - Small business waits for government cash |
| | - RediATM network set for expansion |
| | - Package up for a five per cent mortgage |
| | - Deposits up 70 per cent at AMP |
| | - Depositors to pay $200 million more for ATM access |
| | - Centrelink hoax email scam warning |
| | - Aussie banks rake in profits |
| |
| 19 February 2009 | - Tax office says pay the builder now |
| | - Online account rewards savers with gifts |
| | - More borrowers getting into trouble says Westpac |
| | - Macquarie investors revolt |
| | - Investors win super concessions |
| | - Deposits and margins up at Westpac |
| | - Consumer lender tightens up loan criteria |
| | - Card holders like mobile phone payments |
| |
| 16 February 2009 | - Smart borrowers can save $130,000 |
| | - Community banks lose community money |
| | - Bushfire cash starting to flow |
| | - Aussie targets cards and loans |
| | - $5 ATM fees coming |
| |
| 13 February 2009 | - Stimulus now, tax hikes later |
| | - Small debts cripple the unemployed |
| | - Rate cuts fund NAB's californian weekend |
| | - No interest charges for fire victims |
| | - CBA, Westpac seen as less risky than ANZ, NAB |
| | - Big credit union passes on rate cut |
| | - Banks, Credit Unions grab mortgage market share |
| |
| 12 February 2009 | - Margin lending declines at Commonwealth |
| | - High rents luring investors back |
| | - Floods, fires create fruit and vegie shortage |
| | - Depositors seek safety in majors |
| | - Commonwealth open for home loan business |
| | - CBA needs to keep future rate cuts |
| | - Car loan fraudsters frozen |
| |
| 11 February 2009 | - ME Bank bucks the trend of rate cuts |
| | - Small business rates coming down. |
| | - No receipt needed for small donations |
| | - Fire donations soar and attract fraudsters |
| | - Commercial borrowers pay more, wait longer |
| | - BankWest boosting Commbank |
| |
| 04 February 2009 | - Westpac, ANZ pass on full rate cut |
| | - RBA, government plough $6,000 into families |
| | - Depositors struggle to get five per cent |
| | - WA gets big housing boost |
| | - More rate cuts on the way |
| | - Equity release alternative to reverse mortgage |
| |
| 03 February 2009 | - Westpac commits to 100 basis point cut |
| | - Home Loan Rate Update |
| | - Rate cuts to keep on coming |
| | - Property sales and prices slump |
| | - CBA has $2.5 billion in bad debts |
| | - BoQ increases card interest free periods |
| | - Aussie banks benefit from financial crisis |
| | - Another car lender crashes |
| | - RBA Cuts Rates By 1 Percent |
| |
| 02 February 2009 | - Virgin not going anywhere |
| | - Total lending falls for first time since 92 |
| | - RBA may cut by 1.5 per cent |
| | - Deposits way up at ME, Investec, MacBank |
| | - Deposits boom at bank of Queensland |
| | - CBA, ANZ toughest on business rate cuts |
| |
|
|
| |
