Mediaboss Marketing

Australian shares rise as surveys showing a lead in opinion polls for Greece's pro-bailout camps help calm eurozone turmoil fears and ease risk aversion.

1.03pm: A look around the region shows our market is today's star performer, with many others posting losses:

Advertisement: Story continues below

12.56pm: The Australian dollar is trading at 98.50 US cents, its highest level in almost a week as hopes grow that Greece will elect a pro-bailout party on June 17 and stay in the eurozone.

CMC markets foreign exchange dealer Tim Waterer says the gains made by the pro-bailout parities gave the market a reason to be optimistic:

12.49pm: And unions are echoing the administrator, saying they are scrambling to secure work for about 2000 plumbers and electricians expected to lose their jobs after engineering company Hastie Group was placed in administration.

Communications Electrical Plumbing Union national secretary Peter Tighe said most of the employees whose positions were in jeopardy were contracted to construction projects still in progress around the country.

Union leaders are hoping workers will be able to continue in the current roles under different contracts.

The works got to be finished, Mr Tighe said. What we normally do is well go to the principal contractor and argue that our boys should stay on for the duration of the project."

See more here:
Markets Live: Stocks rise on Greek hopes

Alan Joyce, CEO of Qantas.

QANTAS chief Alan Joyce has sought to allay fears about the split of its international flying operations from the domestic business, insisting that the benefits will "greatly outweigh" any negatives, such as duplication of services across the two new units.

As it attempts to turn around the international operations, Mr Joyce also confirmed at the weekend that the airline has a project team considering whether to apply for a separate commercial airline licence - known as an air operator's certificate - for one of the two new divisions.

Deutsche Bank analysts have speculated that the split could open the way for Emirates to invest directly in Qantas' domestic business, the core of its earnings. The Middle Eastern airline has shown interest in forging a code-share deal with Qantas.

Advertisement: Story continues below

But Qantas has maintained that the split is aimed at "giving accountability and direction" to the new divisions, and was not a precursor to it copying Virgin Australia's recent ownership changes. Virgin's shake up has opened the way for foreign institutional investors and airlines to invest in its core domestic business.

The Qantas Sale Act, which limits total foreign investment to 49 per cent, is also more onerous than those restrictions imposed on other airlines such as Virgin, a point Qantas has made many times.

"There is a lot of speculation about other reasons. To be absolutely clear, the reason why we are doing this is to give an open and transparent view of the different businesses Qantas has," Mr Joyce said. "There is no subtext behind this."

Insiders have also questioned whether the split will result in unnecessary duplication of services across the international and domestic businesses, or managers protecting their patches to the detriment of the entire company.

But Mr Joyce said the domestic and international flying operations already had "very different and separate businesses internally", including their own revenue management and pricing teams.

Go here to see the original:
Mostly benefits in Qantas split, says Joyce

26-05-2012 06:31 Aaron Russo, Chip Tatum, Gunderson...they will kill anyone who has a pair. If u know where Chip Tatum is contact or have him contact me at Come c me at it should be running by July 2012

Continue reading here:
NSA killed Aaron Russo http://www.RebelRadio.tv RCCR - Video

26-05-2012 11:31 Come c me at and join RCCR (Royal Canadian Christian Resistance) I read the KJV Bible, believe every Christian should be armed, and believe that we are in the book of Revelation, and oh did I miss the big one...? I don't believe in slaughtering innocent babies, grinding them up and making made up for ladies and men. Scott David Shute

More:
Do What You Want Exposing Satanism 3of3 http://www.RebelRadio.tv RCCR - Video

26-05-2012 18:43 Want the truth about black opps, CIA, FBI, NSA and satanism in the bush house, watch this... Oh yea how about the FEMA camps and martial law....Tatum was the Night Stalkers... code name at NSA "Pegasus". Don't just watch this.... make a copy and spread this, get a pair. something..

See the original post:
Chip Tatum Black opps, night stockers http://www.RebelRadio.tv RCCR - Video