Business PM - CBA's profit upgrade

Friday January 15, 2010
Afternoon Edition 
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CBA's profit upgrade 4:10PM | Commonwealth Bank has indicated first-half cash profit will rise about 44 per cent from a year earlier, boosted by fewer bad debts, improved equities markets and volume growth.

ACCC to review Telstra's prices 2:07PM | The competition watchdog has launched a review of Telstra's retail prices following a request from the Federal Government.

Call to cut CGT for foreign investors 1:40PM | New proposals designed to boost the underperforming financial services industry and market Australia as a regional hub for financial services companies.

Business News Wire 4:09PM CBA expects H1 profit to surge to $2.9b 3:45PM Langoulant quits investment firm 3:25PM Experts' views mixed on mortgage options 2:38PM Spotless Group to trade on NZSX 2:15PM Origin forms solar JV with Micron
Comment & Analysis
There are many reasons why people have self-managed super funds - reducing administration costs is one.
Max Newnham
Here's a totally unscientific observation: Australia's starting 2010 with a little inflationary surge that will soon have the Reserve Bank more worried than it has thus far let on.
Michael Pascoe at 11:57am

The world's biggest miner positioned itself perfectly to prosper from the emergence of China.!
Nils Pratley
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Markets
Around the Markets at 4:43PM EST, 15 Jan 2010
Dow Jones 10710.55 + 29.78 + 0.28%
Nasdaq 2316.74 + 8.84 + 0.38%
Hang Seng 21664.38 – 52.57 – 0.24%
NZX 3257.952 – 20.38 – 0.62%
CAC 4015.77 + 0.00 + 0.00%
Quotes & Charts
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Business Videos
The end of a week that saw excitement over gang-buster economic growth.

Blogs Consumers reap the benefits through lower prices but the long-term implications are unknown.
Adele Ferguson at

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