News
28/07/011
Australian Business News
Consumer prices pushed the annual inflation rate further above the RBA's preferred range, and sent the Aussie dollar to a fresh record.... [more]
Australians believe the most important problems facing Australia and the world are economic and financial issues according to the latest Roy Morgan Research conducted in mid July 2011.... [more]
Australian dollar hits new post-float high and is on track to pass US111¢... [more]
Westpac is sticking to its bold call that the next move in official interest rates will be down, despite the shock inflation numbers.... [more]
Platform provider netwealth has made two new hires, which the company says will support business growth as well as upcoming product launches.... [more]
The slump engulfing swathes of the economy has failed to slow the rapid expansion of the resources sector, with new data revealing a $64 billion surge in the nation's investment pipeline.... [more]
Jetstar Airlines has been accused of exploiting cabin crew and demanding they work 20 hour shifts, compromising cabin safety.... [more]
Optus will cut up to 180 jobs from senior and middle management and leave a further 70 vacancies unfilled in a bid to cut costs.... [more]
US energy giant Chevron has sealed binding sales deals with Tokyo Electric Power Company for liquefied natural gas from its Wheatstone project off the WA coast.... [more]
The world's biggest bulk export port, Port Hedland in Western Australia, handled a record $40 billion worth of commodities last year... [more]
Speculation is growing that BHP Billiton will hold back uranium production at the $US20 billion-plus Olympic Dam mine expansion in South Australia.... [more]
Australian house prices have moved from being affordable to severely unaffordable in the past 10 years - and Sydney is still the least affordable capital city, a new study shows.... [more]
Former Opes Prime boss Laurie Emini and fellow director Anthony Blumberg have been jailed after the security and lending firm's 2008 collapse.... [more]
Flamboyant criminal lawyer Chris Murphy is to be grilled under oath about the collapse of broker and stock lender Opes Prime.... [more]
The future of oil refining in Australia appears clouded, with at least one major oil company refusing to guarantee the future of its refining operations here in the wake of Shell's decision to cease refinery operations at Clyde in Sydney.... [more]
Tiger Airways is expected to pull out of the Lindsay Fox-owned Avalon Airport near Geelong after it resumes services on August 6, ending a five week-long grounding that has cost it about $10 million and frustrated the plans of thousands of passengers.... [more]
The Australian push into the Brazilian mining sector continues to gather pace, with Pilbara exporter Atlas Iron following the flock of juniors into the South American scene.... [more]
Gloucester Coal has increased sales in the June quarter - taking advantage of buoyant prices, strong demand and surplus port capacity - as wet weather continued to weigh on production.... [more]
The threat of further import competition has gripped manufacturing again as the industry watched the currency hit a fresh post-float high.... [more]
Market darling Sandfire Resources has continued to please investors by announcing it has secured a $360 million debt facility.... [more]
Global gas giant the BG Group has joined up with local junior Drillsearch Energy to develop shale gas resources in Australia's Cooper Basin... [more]
NBN Co will confirm today its wholesale pricing - what it will charge companies to resell its network - in a final draft of its commercial agreement.... [more]
Chartered accountant Lester Wills has warned companies have about 50 working days to estimate the effect of the carbon tax on their cashflow.... [more]
Perpetual has suffered a decline in funds under management of about $500 million in the half ended in June.... [more]
Rio Tinto subsidiary Coal & Allied has reported a 41 per cent jump in underlying first-half net profit as it boosted exports... [more]
The Australian Communications and Media Authority is investigating a complaint about alleged inaccuracies in statements on climate change by broadcaster Alan Jones.... [more]
An air of exasperated disbelief radiated from the bench on Friday as Justice Peter Garling considered the fate of the man guilty of Australia's largest superannuation theft.... [more]
John Durie. If RBA boss Glenn Stevens effectively ruled out an imminent rate cut on Tuesday, yesterday's inflation number confirmed it.... [more]
view all