Affordable housing, mental illness, drug use and marriage equality highlighted as challenges in Melbourne
Australian icons have their say on the country‟s future
Melbourne, 15 March 2012: Climate Change, The Economy and Government Leadership are the top challenges facing Australia according to early results of GE‟s country-wide poll to uncover Australia‟s greatest challenges.
It's that time of the year again when we enthusiastically make New Year resolutions to finally get on top of our finances. So, to help Australian consumers take control of their personal finances in 2012, GE Money Managing Director, Tom Lucey, has put together these top tips.
1. Create a budget and stick to it.
The secret is to budget regularly and efficiently. Having an accurate picture of your finances allows you to prioritise costs and determine the most efficient way to pay for them.
GE announced fourth-quarter 2011 Operating Earnings of $4.1 billion, or $0.39 per share, up 6% and 11% respectively from the fourth-quarter of 2010. Revenues were $38.0 billion for the quarter and $147.3 billion for the year. Record Infrastructure orders of $28.6 billion in the fourth quarter enabled GE to end the year with a backlog of $200 billion, the largest in its history.
Innovation key to creating more competitive, productive Australian economy
Sydney -- Australia, 19 January 2012: Australia needs to strengthen industry support and engagement with its leading innovation programs to increase competitiveness and productivity, two reports, commissioned by GE, have found.
GE Capital's study into Australia's mid-market points to a critical time in the growth outlook for a part of the economy capable of acting as a broader engine for growth.
[Melbourne, Australia]: Data from a new study shows that Australian medium sized businesses have and continue to be more focused on growth than any other sector in the Australian economy. But falling future expectations of growth are now clouding the prospects for the mid-market which generates more than one third of the economy's total revenue and hires more than 3.2 million Australians.
Sydney, Australia: GE Capital today announced it had provided Accolade Wines, the largest wine company by volume in Australia and the UK, with a A$220 million cross border financing facility.
The deal will support CHAMP Private Equity, an 80% owner of Accolade Wines and one of Australia's leading Private Equity fund managers, in its plans to fund the growth of the business.
Final call for Australian submissions -- Challenge closes 20th November 2011
Australia -- 28 October, 2011: GE is calling for final submissions for their $100 million global healthymagination Challenge aimed at accelerating innovation in breast cancer, ahead of the closing date later this month.
Australia, 21 October 2011: Almost 1,000 GE staff across Australia and New Zealand will hit the streets today for a sponsored 'pink walk' to raise money and awareness for breast cancer research on Pink Ribbon Day.
GE employees will walk en-masse sporting pink T-shirts in seven locations, including Melbourne's Yarra River, Sydney's Opera House, Auckland's harbour as well as sites in Brisbane, Adelaide, Parramatta and Rydalmere.
