RBA to cut cash rate say economists

Economists say the RBA is likely to cut the official cash rate to 4.00 per cent when it meets tomorrow.
Big four banks may cut more jobs - BOQ

BOQ's chief executive warns Australia's big four banks may shed more jobs to counter losses in revenue.
$A higher on US data

The Australian dollar is slightly higher, reflecting positive US jobs data.
Disgraced banker quits Jubilee Trust

Disgraced British banker Fred Goodwin has resigned as a trustee of the Queen's Silver Jubilee Trust.
Greek bailout talks hang in the balance

Greek party leaders are meeting with PM Lucas Papademos to consider demands for the country's bailout deal.
Britain plays down Falklands moves

Britain has sought to downplay military moves around the Falklands amid reports of a submarine deployment.
NSW govt bails out Reliance Rail

The NSW govt has agreed to a $175m bailout for Reliance Rail to ensure the Waratah train fleet is delivered.
$A74bn set to be pumped into UK economy

The Bank of England is widely expected to pump billions of pounds into the UK economy this week.
Swan warns banks to pass on rate cut

Wayne Swan has warned the big banks of customer dissatisfication if they fail to pass on a rate cut in full.
Apple, Motorola face off in Germany

Apple has temporarily blocked an attempt by Motorola to have several of its models banned in Germany.
Orica's ammonia plant set to restart

Orica will restart its ammonia plant near Newcastle, almost six months after it leaked fumes.
Spanish economy to shrink 1.5 per cent

According to the Economic Minister, the Spanish economy will shrink by about 1.5 per cent this year.
Debt talks must wrap up - Greece

Greece's finance minister says negotiations for the country's bailout deal must be completed by late Sunday.
Abbott flags workplace changes

Tony Abbott has flagged changes to the government's workplace laws if he were elected prime minister.
US unemployment rate hits 8.3 per cent

The US jobless rate fell for a fifth straight month to 8.3 per cent, its lowest point in nearly three years.

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Indices	Last	Chng
ASX200	4249.4	18.4
ASX All Ords	4318.4	14.8
NZSE 50	3312.2	2.4

CommSec Market Update

Economists say the RBA is likely to cut the official cash rate to 4.00 per cent when it meets tomorrow.

BOQ's chief executive warns Australia's big four banks may shed more jobs to counter losses in revenue.

The Australian dollar is slightly higher, reflecting positive US jobs data.

Disgraced British banker Fred Goodwin has resigned as a trustee of the Queen's Silver Jubilee Trust.

Greek party leaders are meeting with PM Lucas Papademos to consider demands for the country's bailout deal.

Britain has sought to downplay military moves around the Falklands amid reports of a submarine deployment.

The NSW govt has agreed to a $175m bailout for Reliance Rail to ensure the Waratah train fleet is delivered.

The Bank of England is widely expected to pump billions of pounds into the UK economy this week.

Wayne Swan has warned the big banks of customer dissatisfication if they fail to pass on a rate cut in full.

Apple has temporarily blocked an attempt by Motorola to have several of its models banned in Germany.

Orica will restart its ammonia plant near Newcastle, almost six months after it leaked fumes.

According to the Economic Minister, the Spanish economy will shrink by about 1.5 per cent this year.

Greece's finance minister says negotiations for the country's bailout deal must be completed by late Sunday.

Tony Abbott has flagged changes to the government's workplace laws if he were elected prime minister.

The US jobless rate fell for a fifth straight month to 8.3 per cent, its lowest point in nearly three years.

MORE FINANCE

CommSec Market Update