Dispatches: Australians are working fewer hours than a decade ago, says Bankwest survey

Full-time employees spend less time working than they did a decade ago, a new report shows. An analysis of labour force data from the Bureau of Statistics by Bankwest shows that they clock up an average of 41.4 hours a week, compared to 42.7 hours in 2000. (Sydney Morning Herald)

ANZ will today formally open its Chinese operations in the Sichuan province capital Chengdu, underling its commitment to the market. (The Australian)

Australia should establish a Sovereign Wealth Fund to secure its future wealth and prosperity, according to Investec Asset management global strategist, Michael Power. (Money Management)