| STATE BUDGET: Spend, spend, spend
A $14 billion spending spree to build the state's dams, roads, railways, schools and hospitals formed the centrepiece yesterday of Treasurer Anna Bligh's second Budget. The Queensland economy, fuelled by the mining boom, low unemployment and a $2.39 billion surplus, is now forecast to grow faster than established industrialised nations such as Japan and the US. Treasury officials forecast the Queensland economy will grow by 5 per cent in 2007- 08, compared with national growth of 3.75 per cent. Much of the record capital works will be spent on water projects, including $465 million for the design and construction of the southern regional water pipeline between Brisbane and the Gold Coast. As part of its plan to link Queensland with the world, every state secondary and primary school teacher will get a laptop computer for their class, at a cost of $70 million.
Alphanumeric to Offer ‘Mind Your Business’ Technology Roadshow in ...
GREENSBORO, N.C. — Alphanumeric Systems, a provider of information technology services and support, will put on its "Mind Your Business" Technology Roadshow program in Greensboro on June 19.The event features a variety of presentations from hardware and software manufacturers. Sessions are designed to bring together technology decision makers with IT providers through seminars, interactive presentations and demonstrations.The program will take place at the Embassy Suites in Greensboro.Alphanumeric, Altiris, Cisco, Citrix, HP, Novell, Microsoft, Sun Microsystems, Symantec and VMware will offer programs. Topics include security, collaboration, business continuity, virtualization, identity management, and unified communications.There is no charge for admission, but registration is required. For details, see the Web link with this story.
Bonds Close Little Changed Wednesday After Volatile Session []
Wednesday, June 06, 2007 3:50:37 PM - Bonds closed little changed on Wednesday after a volatile session stoked by weakness on Wall Street. The poor showing from stocks caused traders to move their money into the safety of fixed income investments. This took bond prices off a 10 month low that they closed at on Tuesday.
The 10-year yield opened the session higher, pushing closer to the 5.0% level that it has been approaching all week. The early rise came on the release of productivity data for April, which further dispelled the hope that the Fed will be able to cut rates in the near future. However, the yield soon began to decline as stock futures pointed to a lower open. The yield decline intensified with the open on Wall Street, which saw the Dow drop over 100 points during the day.
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