Tag: Business, Economics and Finance
Fishing boat scuppered on Moreton Bay
A former fishing boat that will form part of an artificial reef in Moreton Bay in south-east Queensland has been sunk two days earlier than planned.[MORE]
EPA approves Mid West power plant
Western Australia's Environmental Protection Authority has recommended conditional approval of a coal-fired power station in the Mid West.[MORE]
SE Qld whipped by strong winds
Strong winds have caused blackouts in parts of south-east Queensland.[MORE]
Negotiations for LNG hub formally endorsed
Aboriginal people from across the Kimberley have formally endorsed traditional owners continuing negotiations over the proposed Kimberley gas hub.[MORE]
Port plan promises jobs boost
The North West Iron Ore Alliance says Pilbara communities are set to benefit from a proposed port project in Port Hedland after the results of a pre-feasibility study. [MORE]
Atlas, Aurox merger to heat up iron ore market
Analysts say the merger between mining juniors Atlas Iron and Aurox Resources will heat up competition in the Pilbara iron ore sector in north-west Western Australia.[MORE]
Onus on shipbuilders in downturn
Australia's Export Finance and Insurance Corporation says it will support Australian shipbuilders during an industry downturn, if builders find credit-worthy clients. [MORE]
Nod for more gas hub talks
Aboriginal people from across the Kimberley have formally endorsed traditional owners continuing negotiations over the proposed Kimberley gas hub in Western Australia.[MORE]
Business bears brunt of interest margin increase
A Reserve Bank report estimates the major banks have enjoyed a 20 to 25 basis point increase in interest margins during the financial crisis.[MORE]
Chinese visitor numbers soar
New figures show Victoria is attracting more tourists from New Zealand, China and the United Kingdom than from any other country.[MORE]
Business grants on offer for fire-affected communities
The Victorian and Federal Governments have announced details of a $10 million business stimulus package for bushfire-affected communities.[MORE]
Vitasoy plans $18m factory expansion
A major food manufacturer has announced an $18 million expansion of its Baranduda factory near Wodonga.[MORE]
Power supply copes with unseasonal heat
Western Power is confident it will be able to meet peak power demands with temperatures set to reach 39 degrees today. [MORE]
US weighs black boxes for cars
US safety regulators are considering whether to make "black boxes" mandatory for all new vehicles in response to recent unintended acceleration problems in Toyota vehicles.[MORE]
'Fat cat' salary upsets staff
Members of the South West Aboriginal Medical Service say their chief executive is sitting on a 'fat cat' salary while the service looks to cut costs by sacking staff. [MORE]
Gorgon contracts head overseas
Australian engineers say they are missing out on the booming LNG industry because design contracts are going overseas[MORE]
US banking gains offset China concerns
A late rally has helped US shares close higher, as concerns about Chinese inflation were offset by a positive statement from Citi Group.[MORE]
Sydney airport ranked country's worst again
The ACCC has slammed Sydney Airport for raising prices despite ranking as the worst-performing airport in the country.[MORE]
Fighter jet program faces budget blowout
There has been more criticism of the Joint Strike Fighter program, with concerns raised about budget blowouts and delays.[MORE]
Obama talks up trade with Australia
Barack Obama says trade with Australia and the Asia-Pacific will be vital to getting the USA's economy back on track.[MORE]
Miners drag market lower
The Australian share market has finished the day slightly lower, dragged down by mining stocks, with a spike in China's inflation sparking fears the government could further curb bank lending, cutting demand for metals.[MORE]
Jetstar clears plane to fly after health scare
Jetstar says its Airbus 320 plane has been cleared to fly following a health scare on a flight between Brisbane, and Mackay in north Queensland.[MORE]
Public servants protest at privatisation plans
About 1,000 public sector workers gathered at parliament house today to protest against the privatisation of government services.[MORE]
Electric cars could revolutionise car industry
The technical director of Australia's first electric car trial launched in Perth this morning says they will be the biggest revolution in the automotive industry. [MORE]
Unemployment - what's in a number?
Unemployment. It is one of the most watched, and perhaps least understood, economic figures.[MORE]
