Crean chats up Pacific nations over FTA
Australia has begun a ministerial charm offensive to convince Pacific Island countries to sign a free trade agreement FTA. ...
Fri 3rd April 2009 - 10:19pm
Treasury says jobless rate to rise
The Australian economy still faces a difficult time despite the efforts of world leaders to kick-start global growth through an agreement at the G20 Summit. ...
Fri 3rd April 2009 - 09:54pm
Euro- British Pound Outlook May Hinge Upon the Bank of Englands Meeting Next Week
Following Thursday -amp amp rsquos smaller-than-expected rate cut by the European Central Bank- the euro ended Friday marginally higher against the US dollar- but down against the British pound. Indeed- ...
Fri 3rd April 2009 - 09:50pm
Canadian Dollar Gains- But Upcoming Ivey PMI- Employment Data Could Take a Toll
The Canadian dollar was one of the stronger major currencies on Friday- as USD-CAD moved down toward support at 1.23- where there is a rising trendline connecting the October 14- 2008- January 2009 an ...
Fri 3rd April 2009 - 09:48pm
US Dollar Ends Day Lower After NFPs Fall 663K- Japanese Yen Remains Weak
-Euro- British Pound Outlook May Hinge Upon the Bank of England -amp amp rsquos Meeting Next Week-Australian Dollar Tumbles as Markets Price in RBA Rate Cut Next Week-Canadian Dollar Gains- But Upcoming ...
Fri 3rd April 2009 - 09:21pm
Holden shift change- components jobs go
A components supplier to Holden says it will cut 90 staff because of the car makers decision to reduce its shift operations in Adelaide. ...
Fri 3rd April 2009 - 09:10pm
Dollar Interest In Risk Outweighs NFPs- Rate Decisions Next Week Forex Video
Despite a massive 663-000-person drop in NFPs- the dollar maintains its pace. What can we expect to drive volatlity next weekStories To Watch on DailyFX- The RBA rate decision may be th ...
Fri 3rd April 2009 - 08:40pm
Manufacturing sector leading Chinas economic recovery
Chinas economy could be starting to turn around- led by the manufacturing industry- according to the countrys statistics chief. ...
Fri 3rd April 2009 - 08:24pm
Building watchdog should keep extreme powers- report says
A report on how to replace the Australian Building and Construction Commission ABCC recommends a reduction in the harsh penalties for construction workers who break workplace laws. ...
Fri 3rd April 2009 - 08:10pm
Holden shift change- components jobs go
A components supplier to Holden says it will cut 90 staff because of the car makers decision to reduce its shift operations in Adelaide. ...
Fri 3rd April 2009 - 07:52pm
Union hopes jobs can be saved
The mining union says it hopes central Queensland mine workers will be able to keep their jobs even if a contracting company fails to recover from financial troubles. ...
Fri 3rd April 2009 - 07:34pm
90 components jobs cut due to Holden shift change
A components supplier to Holden says it will cut 90 staff because of the car makers decision to reduce its shift operations in Adelaide. ...
Fri 3rd April 2009 - 07:28pm
Caution Required For A Mature USDCAD Range Setup
Conditions are still very risky for trying to spot range trades. High volatility and a lack of overall direction plagues not only currencies but most other asset classes as well. Avoiding breakouts a ...
Fri 3rd April 2009 - 07:20pm
90 components jobs cut due to Holden shift change
A components supplier to Holden says it will cut 90 staff because of the car makers decision to reduce its shift operations in Adelaide. ...
Fri 3rd April 2009 - 07:17pm
Pay reforms 'may lift' fixed salaries
Reforms to how executive salaries are structured will be best achieved by improving disclosure to shareholders rather than government regulation- a group says. ...
Fri 3rd April 2009 - 07:12pm
Treasury says jobless rate to rise
The Australian economy still faces a difficult time despite the efforts of world leaders to kick-start global growth through an agreement at the G20 Summit. ...
Fri 3rd April 2009 - 06:59pm
Banks may boost profits under new rules
Australian banks could boost their reported profits if the nation's accounting standards follow a US ruling on asset values that lessens the effect of losses. ...
Fri 3rd April 2009 - 06:51pm
Senior bureaucrat wage freeze
Western Australias Salaries and Allowances Tribunal has frozen the salaries of the states senior public servants. It says rates will be left on hold because of the critical economic position ...
Fri 3rd April 2009 - 06:45pm
Distillers ban their own TV ads
The distilling industry is imposing a ban on the advertising of its products on television before 9-00pm- in an effort to reduce binge drinking. ...
Fri 3rd April 2009 - 06:34pm
Jobless rate to rise despite G20 pledge
The Australian economy still faces a difficult time despite the efforts of world leaders to kick-start global growth through an agreement at the G20 Summit. ...
Fri 3rd April 2009 - 06:21pm
Fortescue set to defend court action
Fortescue Metals Group Ltd says it will vigorously defend court action taken against the company and its chief executive by the corporate watchdog. ...
Fri 3rd April 2009 - 06:19pm
Analysts concerned by Ten's debt
Ten Network Holdings feels -amp quotcomfortable -amp quot with its current debt position- but analysts are concerned about the broadcaster's future ability to service its debt. ...
Fri 3rd April 2009 - 06:15pm
Seven creeps up WAN share register
Kerry Stokes' Seven Network Ltd continues to creep up the West Australian Newspaper Holdings Ltd's WAN share register. ...
Fri 3rd April 2009 - 06:13pm
Canberra overshoots water targets by 50pc
Canberras water consumption figures for the last week show residents are still using well over their daily allowance. ...
Fri 3rd April 2009 - 06:12pm
Qantas to add $66m to super plan
Qantas Airways will top up one of its defined benefit superannuation funds by $66 million over the next three years to make up for lower returns. ...
Fri 3rd April 2009 - 05:50pm
Fortescue set to defend court action
Fortescue Metals Group Ltd says it will vigorously defend court action taken against the company and its chief executive by the corporate watchdog. ...
Fri 3rd April 2009 - 05:47pm
Stocks- dollar end week on positive note
Australian stocks have closed higher- but have not matched the strong surge seen overnight on global share markets after the close of the G20 meeting. ...
Fri 3rd April 2009 - 05:33pm
Australia shares at 3-month high on banks- miners
SYDNEY- April 3 - Australian shares hit a three-month closing high on Friday as tentative hopes the global economy may have bottomed lifted investor confidence- spurring buying of top stocks such as miner BHP Billiton Ltd BHP. ...
Fri 3rd April 2009 - 05:28pm
Aussies embracing online shopping
Online businesses are getting a boost in these tough times as consumers look to save money. ...
Fri 3rd April 2009 - 05:26pm
Seven creeps up WAN share register
Kerry Stokes' Seven Network Ltd continues to creep up the West Australian Newspaper Holdings Ltd's WAN share register. ...
Fri 3rd April 2009 - 05:25pm
Loss of goodwill to affect share prices
Large amounts of goodwill are expected to be written off company balance sheets in coming months- affecting share prices and the ability to raise finance. ...
Fri 3rd April 2009 - 05:25pm
Chalice Gold- Sub-Sahara plan merger
Gold explorers Chalice Gold Mines Ltd and Sub-Sahara Resources NL plan to merge to help develop cash-strapped Sub-Sahara's high-grade Zara project in Eritrea. ...
Fri 3rd April 2009 - 05:19pm
ASIC tight-lipped on Storm Financial money trail investigation
The Australian Securities and Investments Commission ASIC has refused to confirm reports it is investigating an international money trail connected to failed advisory firm Storm Financial. ...
Fri 3rd April 2009 - 05:19pm
Building industry report balanced- thoughtful- Gillard
The Federal Government has released Justice Murray Wilcoxs report into the future of the building industry. ...
Fri 3rd April 2009 - 05:18pm
Arrow swoops on Beach CSM stake
Arrow Energy has increased its coal seam gas exposure in Queensland after acquiring Beach Petroleum's stake in the Tipton West venture for up to $400 million. ...
Fri 3rd April 2009 - 05:15pm
Bonus payments on way after challenge fails
The Australian Tax Office says 7.4 million taxpayers will start receiving their $900 stimulus payments from next week. ...
Fri 3rd April 2009 - 05:14pm
Fairfax completes $624m capital raising
Fairfax Media Ltd has completed its capital raising- collecting a total of $624.6 million- or 91 per cent of the $684 million maximum amount it was seeking. ...
Fri 3rd April 2009 - 05:13pm
Holden axes shift as downturn bites
Car producer GM Holden has axed the afternoon shift at its Adelaide assembly operations in a move it says will save thousands of jobs across the auto industry. ...
Fri 3rd April 2009 - 04:52pm
Canberra Airport road duplication opens
Traffic delays near Canberra Airport are expected to be reduced- with the upgrade of Pialligo Avenue now completed. ...
Fri 3rd April 2009 - 04:45pm
Power back faster- says heatwave report
Electricity distributor ETSA says it is pleased with the findings of an investigation of its performance during a nine-day heatwave in Adelaide during summer. ...
Fri 3rd April 2009 - 04:44pm
ASIC starts action against Fortescue
The Australian Securities and Investments Commission's legal action against Fortescue Metals Group and CEO Andrew -amp quotTwiggy -amp quot Forrest will begin on Monday. ...
Fri 3rd April 2009 - 04:43pm
Fairfax completes $624m capital raising
Fairfax Media Ltd has completed its capital raising- collecting a total of $624.6 million- or 91 per cent of the $684 million maximum amount it was seeking. ...
Fri 3rd April 2009 - 04:40pm
G20 resolution targets financial market cowboys
The G20 summits resolution to impose tougher regulations on executive salaries has resulted in some confusion over how the new rules would bring those pay levels down. ...
Fri 3rd April 2009 - 04:38pm
Holidays seen as an economy helper
An advertising campaign launched by Tourism Australia this week aims to encourage workers to tap into an estimated $33 billion of accumulated holiday leave. ...
Fri 3rd April 2009 - 04:36pm
G20 resolution targets financial market cowboys
The G20 summits resolution to impose tougher regulations on executive salaries has resulted in some confusion over how the new rules would bring those pay levels down. ...
Fri 3rd April 2009 - 04:32pm
Australia shares hit 3-mth highs banks- miners lead
SYDNEY- April 3 - Australian shares rose 1.5 percent on Friday to their highest level in nearly three months- as tentative hopes the global economy may have found a bottom spurred buying of blue-chip bank and mining stocks. ...
Fri 3rd April 2009 - 04:23pm
Figures show new car sales remain soft
Fresh figures indicate the downturn in new car sales may be easing with just under 76-000 new vehicles sold in March. ...
Fri 3rd April 2009 - 04:22pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 04:14pm
Most Rio Tinto workers take redundancy package
Rio Tinto says it expects about 65 workers to take redundancy packages following the temporary closure of the -amp amp 36400 million pig iron plant at Kwinana.The company announced last week that the ...
Fri 3rd April 2009 - 03:37pm
GrainCorp to sell stake in joint venture
Grains handler and marketer GrainCorp is to sell its 50 per cent share in Australian Grain Accumulation Services to Cargill Australia. ...
Fri 3rd April 2009 - 03:33pm
New car- truck sales slump by almost 20
New car and truck sales continue to slide amid the global economic downturn with demand plunging almost 20 per cent in the first quarter of 2009. ...
Fri 3rd April 2009 - 03:32pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 03:25pm
22 jobs to go at castings factory
A castings manufacturer in Bendigo- in central Victoria- will cut 22 jobs because of the slowing economy. ...
Fri 3rd April 2009 - 03:16pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 02:57pm
Workplace agencies set to sack workers
A West Australian not for profit organisation says it will have to sack about 50 staff as a result of the Commonwealths changes to the employment services sector. ...
Fri 3rd April 2009 - 02:48pm
Workplace agencies set to sack workers
A West Australian not for profit organisation says it will have to sack about 50 staff as a result of the Commonwealths changes to the employment services sector. ...
Fri 3rd April 2009 - 02:45pm
Arrow swoops on Beach CSM stake
Arrow Energy has increased its coal seam gas exposure in Queensland after acquiring Beach Petroleum's stake in the Tipton West venture for up to $400 million. ...
Fri 3rd April 2009 - 02:35pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 02:35pm
Northern Mining Limited ASX-NMI Completes A Revised Farm-In Agreement With Cazaly Resources ASX-CAZ For East Kalgoorlie Gold Project
Perth- Australia- Apr 3- 2009 - ABN Newswire - Northern Mining Limited ASX-NMI is pleased to announce the completion of negotiations with Cazaly Resources Ltd ASX-CAZ and Balagundi Gold Pty Ltd BGPL for a revised Farm-In Agreement over the East Kalgoorlie Project Project to include BGPL as a Farminor. ...
Fri 3rd April 2009 - 02:31pm
Allco Equity proposes cash return
Allco Equity is proposing to return cash to shareholders- suspend new investment activity and put the future of the company to a vote in two years time. ...
Fri 3rd April 2009 - 02:30pm
Govt to provide training to Holden staff
The government will provide training to employees of Holden's Adelaide plant affected by the move to cut its afternoon shift- Industry Minister Kim Carr says. ...
Fri 3rd April 2009 - 02:27pm
Workplace agency set to sack 50 workers
A West Australian not for profit organisation says it will have to sack about 50 staff as a result of the Commonwealths changes to the employment services sector.The Federal Government has announced ...
Fri 3rd April 2009 - 02:26pm
ASIC starts action against Fortescue
The Australian Securities and Investments Commission's legal action against Fortescue Metals Group and CEO Andrew -amp quotTwiggy -amp quot Forrest will begin on Monday. ...
Fri 3rd April 2009 - 02:25pm
Regulator flags electricity price surge
The ACTs independent regulator has indicated it will keep electricity prices in check for the next financial year. ...
Fri 3rd April 2009 - 02:23pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 02:18pm
Chalice Gold- Sub-Sahara plan merger
Gold explorers Chalice Gold Mines Ltd and Sub-Sahara Resources NL plan to merge to help develop cash-strapped Sub-Sahara's high-grade Zara project in Eritrea. ...
Fri 3rd April 2009 - 02:17pm
ASIC starts action against Fortescue
The Australian Securities and Investments Commission's legal action against Fortescue Metals Group and CEO Andrew -amp quotTwiggy -amp quot Forrest will begin on Monday. ...
Fri 3rd April 2009 - 02:13pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 01:54pm
Govt to provide training to Holden staff
The government will provide training to employees of Holden's Adelaide plant affected by the move to cut its afternoon shift- Industry Minister Kim Carr says. ...
Fri 3rd April 2009 - 01:52pm
Oil falls below $52 after 9 pct surge- eyes jobs data
PERTH- April 3 - Oil slid to under $52 a barrel on Friday- retreating from the previous sessions near 9 percent surge- as expectations of a continued weakness in near-term energy demand prompted investors to take profit. ...
Fri 3rd April 2009 - 01:50pm
Holden shift cuts shore up long-term future
The Motor Trade Association MTA says Holden is wise to revise the shifts worked at its Elizabeth car plant in Adelaide- to deal with a fall in sales. ...
Fri 3rd April 2009 - 01:46pm
Gillard meets states on industrial relations
Workplace Relations Minister Julia Gillard is having with state industrial relations ministers in Adelaide. ...
Fri 3rd April 2009 - 01:41pm
Australians among best job in the world finalists
Media-savvy professionals dominate the short list for Queensland Tourisms competition for what is being touted as the best job in the world. ...
Fri 3rd April 2009 - 01:38pm
Holden to cut staff working hours
Cutting the afternoon shift at its Adelaide assembly operations is the best way for Holden to protect jobs in the economic downturn- chairman Mark Reuss says. ...
Fri 3rd April 2009 - 01:26pm
Australia shares up on economy lift gold miners hit
SYDNEY- April 3 - Australian shares rose on Friday- led by bank and resources firms- on hopes the global economy may have found a bottom and after world leaders pledged over $1 trillion to fight the economic crisis. ...
Fri 3rd April 2009 - 01:14pm
Arrow pays $400m for gas field stake
Arrow Energy is buying out its partners stake in the Tipton West coal seam gas fields on southern Queenslands Darling Downs. ...
Fri 3rd April 2009 - 12:40pm
Aussie holds firm on optimism about global economy
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0000 GMTagainst previous Sydney close AUD 0.7185-900.7031-34 AUDNZDR1.2201-121.2374-90 AUDJPYR 71.75-8169. ...
Fri 3rd April 2009 - 12:33pm
Aussies embracing online shopping
Online businesses are getting a boost in these tough times as consumers look to save money. ...
Fri 3rd April 2009 - 12:15pm
New car and truck sales slump in March
New car and truck sales slumped by 17.1 per cent in March as the impact of the economic downturn continued. ...
Fri 3rd April 2009 - 12:12pm
Europe may cut rates further- ECB boss
European Central Bank president Jean-Claude Trichet says he has not ruled out another rate cut after the ECB lowered its main lending rate to 1.25 per cent ...
Fri 3rd April 2009 - 11:48am
Bollywood producers strike over box office takings
Bollywood film producers are going on indefinite strike from this weekend- after failing to resolve differences with multiplex owners over their share of box office takings. ...
Fri 3rd April 2009 - 11:36am
Buyers return to Auckland house market
Barfoot -amp Thompson reported Auckland house sales at a 20-month high in March- with the agency saying home buyers returned to the market with a -amp quotvengeance -amp quot. ...
Fri 3rd April 2009 - 11:34am
G20 leaders reach $1.4 trillion global deal
The G20 leaders have agreed on more than $1.4 trillion worth of measures to kick-start economic growth- along with rules to rein in risky financial practices. ...
Fri 3rd April 2009 - 11:32am
Holden to cut staff working hours
Cutting the afternoon shift at its Adelaide assembly operations is the best way for Holden to protect jobs in the economic downturn- chairman Mark Reuss says. ...
Fri 3rd April 2009 - 11:31am
G20 leaders reach $1.4 trillion global deal
The G20 leaders have agreed on more than $1.4 trillion worth of measures to kick-start economic growth- along with rules to rein in risky financial practices. ...
Fri 3rd April 2009 - 11:30am
Holden to cut staff working hours
Cutting the afternoon shift at its Adelaide assembly operations is the best way for Holden to protect jobs in the economic downturn- chairman Mark Reuss says. ...
Fri 3rd April 2009 - 11:18am
Image Resources NL ASX-IMA High Grade Mineral Sands Identified At Atlas Resource- Cooljarloo
Perth- Australia- Apr 3- 2009 - ABN Newswire - Image Resources NL ASX-IMAPINK-IMREF An impressive 900m-long high-grade zone now identified at the Atlas resource- containing grades of more than 20 HM up to 140m wide and 6m thick. This open-ended high-grade zone is likely to significantly increase the contained heavy minerals HM in the resource when the Atlas model is updated. ...
Fri 3rd April 2009 - 11:15am
Allco Equity proposes cash return
Allco Equity is proposing to return cash to shareholders- suspend new investment activity and put the future of the company to a vote in two years time. ...
Fri 3rd April 2009 - 11:13am
Arrow swoops on Beach CSM stake
Arrow Energy has increased its coal seam gas exposure in Queensland after acquiring Beach Petroleum's stake in the Tipton West venture for up to $400 million. ...
Fri 3rd April 2009 - 10:58am
Holden halves production to save jobs
Unions have welcomed Holdens move to cut its car production by half in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 10:58am
IBA Health Group Limited ASX-IBA Wins A $1.4 Million Deal For A Hospital Information System In Libya
Sydney- Australia- Apr 3- 2009 - ABN Newswire - IBA Health Group Limited ASX-IBAPINK-IBATF Australias largest listed health information technology company today announced that its Middle East and Africa division won a two-year deal to implement an iSOFT hospital information system and a LabCentre solution at Al Khadra Hospital in Tripoli- Libya. The agreement is worth A $1.4 million. ...
Fri 3rd April 2009 - 10:57am
Best job in the world goes down to the wire
The short-listed applicants for the so-called best job in the world offer find out today if they have been successful. ...
Fri 3rd April 2009 - 10:50am
Local market opens up on G20 outcome
The Australian share market has taken its cue from global markets- which rallied overnight in response to the G20 agreement. ...
Fri 3rd April 2009 - 10:39am
Holden cuts shifts to save jobs
Unions have welcomed Holdens move to cut its car production by half in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 10:36am
Holden cuts shifts to save jobs
Unions have welcomed Holdens move to cut shifts in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 10:33am
Beach Petroleum Limited ASX-BPT Sells Its 40 Stake In Tipton West For Up To A $400 Million
Perth- Australia- Apr 3- 2009 - ABN Newswire - Beach Petroleum Limited ASX-BPTPINK-BEPTF is set to realise proceeds of up to A $400 million from the sale of its non-core coal seam gas CSG assets in Queensland to its joint venture partner- Arrow Energy Limited ASX-AOE. ...
Fri 3rd April 2009 - 10:22am
Allco Equity proposes cash return
Allco Equity is proposing to return cash to shareholders- suspend new investment activity and put the future of the company to a vote in two years time. ...
Fri 3rd April 2009 - 10:19am
Australia shares up on G20 boost resources gain
SYDNEY- April 3 - Australian stocks rose 1.5 percent on Friday- joining a global rally after G20 leaders in London took fresh action to stimulate global growth and as the top miners got a boost from rising metals prices. ...
Fri 3rd April 2009 - 10:16am
Queensland cattle numbers recover
A Queensland meat processing company says there has been a good recovery in cattle numbers in the state. ...
Fri 3rd April 2009 - 10:10am
Aussie firm near 3-month highs on G20 action
SYDNEY- April 3 - The Australian dollar AUD held firm on Friday- after a two cent surge in offshore trade- buoyed by renewed risk appetite after world leaders pledged billions of dollars in a fresh effort to revive the ailing global economy. ...
Fri 3rd April 2009 - 09:55am
Mt Isa still waiting for air monitoring
There have been further delays in the establishment of an hourly air monitoring system in north-west Queensland. ...
Fri 3rd April 2009 - 09:49am
Carbon trading will create new fields of employment
Carbon trading in Australia will create millions of new green-collar jobs by expanding traditional industries and creating new ones- says the CSIROs senior science leader. ...
Fri 3rd April 2009 - 09:48am
Buyers return to Auckland house market
Barfoot -amp Thompson reported Auckland house sales at a 20-month high in March- with the agency saying home buyers returned to the market with a -amp quotvengeance -amp quot. ...
Fri 3rd April 2009 - 09:47am
Services sector contracts again- survey
Activity in the services sector continues to shrink as businesses and consumers restrain spending in the economic downturn- a survey says. ...
Fri 3rd April 2009 - 09:43am
Holden cuts shifts to save jobs
Unions have welcomed Holdens move to cut shifts in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 09:40am
Holden cuts shifts to save jobs
Unions have welcomed Holdens move to cut its car production by half in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 09:21am
Orders streaming in for new Tesla electric sedans
SAN FRANCISCO AFP - Tesla Motors says orders have been streaming in for its electric Model S sedans due to begin rolling off assembly lines in 2011. ...
Fri 3rd April 2009 - 09:19am
G20 leaders reach $1.4 trillion global deal
The G20 leaders have agreed on more than $1.4 trillion worth of measures to kick-start economic growth- along with rules to rein in risky financial practices. ...
Fri 3rd April 2009 - 09:17am
Holden to cut staff working hours
GM Holden will axe the afternoon shift at its assembly operations in Adelaide because of the economic downturn but says no jobs will be lost. ...
Fri 3rd April 2009 - 09:12am
Casual academics seek better deal
The University of Tasmania has been accused of exploiting casual academic staff. ...
Fri 3rd April 2009 - 08:52am
Australia shares seen up on U.S. stocks- metal rise
Copper prices hit a five-month high and oil rose- which may boost resource firms such as BHP Billiton BHP. Gold prices fell- which could hurt producers such as Newcrest Mining NCM. ...
Fri 3rd April 2009 - 08:49am
Holden halves production to save jobs
Unions have welcomed Holdens move to cut its car production by half in an effort to avert any job losses at its Adelaide plant. ...
Fri 3rd April 2009 - 08:47am
Fraser expects BrisConnections to go ahead
The Queensland Government says it is considering the implications of a Victorian court decision on the future of BrisConnections. ...
Fri 3rd April 2009 - 08:44am
Casual academics seek better deal
The University of Tasmania has been accused of exploiting casual academic staff. ...
Fri 3rd April 2009 - 08:43am
175 jobs threatened in HMP collapse
The administrators of HMP Constructions say they are trying to preserve as many jobs as possible. ...
Fri 3rd April 2009 - 08:25am
175 jobs threatened in HMP collapse
The administrators of HMP Constructions say they are trying to preserve as many jobs as possible. ...
Fri 3rd April 2009 - 08:24am
Church group loses job seekers contract
Up to 60 Centacare staff will be joining the jobs queue after missing out on a Jobs Services Australia contract. ...
Fri 3rd April 2009 - 08:10am
OECD names and shames tax havens
The Organisation for Economic Co-operation and Development has named those tax havens it says has not made any commitment to respecting international standards. ...
Fri 3rd April 2009 - 07:58am
Holden halves production to save jobs
Holden has announced plans to cut production at its Elizabeth car assembly plant in South Australia to a single shift from early next month. ...
Fri 3rd April 2009 - 07:54am
AIG sells two business units
American International Group- the US taxpayer-bailed out insurance giant- has sold two business units for more than $US1 billion $A1.43 billion. ...
Fri 3rd April 2009 - 07:46am
G20 leaders reach $1.4 trillion global deal
The G20 leaders have agreed on more than $1.4 trillion worth of measures to kick-start economic growth- along with rules to rein in risky financial practices. ...
Fri 3rd April 2009 - 07:43am
NAB to cut 113 jobs
The National Australia Bank has announced it will slash 113 full-time branch positions in a bid to cut costs. ...
Fri 3rd April 2009 - 07:41am
Holden halves production to save jobs
Holden has announced plans to cut production at its Elizabeth car assembly plant in South Australia to a single shift from early next month. ...
Fri 3rd April 2009 - 07:38am
G20 leaders reach $1.4 trillion global deal
The G20 leaders have agreed on more than $1.4 trillion worth of measures to kick-start economic growth- along with rules to rein in risky financial practices. ...
Fri 3rd April 2009 - 07:35am
G20 deal buoys world markets
Share markets around the world have welcomed the G20 agreement on emergency financial aid- with strong performances overnight. ...
Fri 3rd April 2009 - 07:31am
Holden cuts afternoon shift
Holden has announced plans to cut production at its Elizabeth car assembly plant in South Australia to a single shift from early next month. ...
Fri 3rd April 2009 - 07:29am
G20 deal buoys world markets
Share markets around the world have welcomed the G20 agreement on emergency financial aid- with strong performances overnight. ...
Fri 3rd April 2009 - 07:27am
ArcelorMittal refinances $US1.2b debt
The world's largest steelmaker ArcelorMittal SA says it has refinanced $US1.2 billion $A1.72 billion of debt until 2012. ...
Fri 3rd April 2009 - 07:25am
Who got what from G20 summit
Who wanted what- The United States- Britain and Japan had been strong proponents of concerted action around the world to pump more government funds into stimulus packages France and Germany led calls ...
Fri 3rd April 2009 - 07:25am
Ex-AIG chief says government bailout bid will fail
WASHINGTON AFP - The former head of AIG said Thursday he was not to blame for the collapse of the insurance giant and declared that government-backed plans to rescue the firm would fail. ...
Fri 3rd April 2009 - 06:37am
NAB cutting branch staff jobs- report
National Australia Bank is set to reduce its branch staff numbers in an attempt to rein in costs. ...
Fri 3rd April 2009 - 06:30am
Florida man first to be charged in UBS tax fraud
WASHINGTON AFP - US authorities Thursday said they have charged a Florida man with hiding income and assets in a secret account with Swiss banking giant UBS- the first prosecution in the massive tax fraud probe. ...
Fri 3rd April 2009 - 05:53am
Europe may cut rates further- ECB boss
European Central Bank president Jean-Claude Trichet says he has not ruled out another rate cut after the ECB lowered its main lending rate to 1.25 per cent ...
Fri 3rd April 2009 - 05:45am
NAB cutting branch staff jobs- report
National Australia Bank is set to reduce its branch staff numbers in an attempt to rein in costs. ...
Fri 3rd April 2009 - 05:44am
US jobless claims hit 669-000 in week
The number of new jobless claims in the United States rose more than expected last week to a 26-year high. ...
Fri 3rd April 2009 - 05:42am
Reinsurer giant Swiss Re to cut around 1-000 jobs
ZURICH AFP - Swiss Re- the worlds biggest reinsurer and severely hit by the financial crisis- on Thursday said it would cut around 1-000 jobs worldwide in the next 12 months to trim costs. ...
Fri 3rd April 2009 - 05:21am
Indias Reliance starts pumping deep-sea gas
MUMBAI AFP - Indias Reliance Industries has begun pumping gas from the deep-sea Krishna Godavari Basin off the east coast in what it said Thursday marked a -amp quotquantum leap -amp quot towards national energy security. ...
Fri 3rd April 2009 - 04:18am
Euro up sharply on G20 summit- data boost
LONDON AFP - The euro was sharply higher against the dollar on Thursday as a positive Group of 20 meeting on the global economy and strong US manufacturing data gave investor confidence a big shot in the arm. ...
Fri 3rd April 2009 - 04:15am
JAXA Supercomputer from Fujitsu Begins Operations
Tokyo- Apr 2- 2009 - JCN Newswire - Fujitsu Limited announced that it has completed a new supercomputer system for the Japan Aerospace Exploration Agency JAXA. The new system began operations on April 1- 2009. ...
Fri 3rd April 2009 - 03:53am
Mizuho Bank Deploys Fujitsu Digital Signage System
Tokyo- Apr 2- 2009 - JCN Newswire - Fujitsu Limited today announced that- starting this month- Mizuho Bank is rolling out Fujitsus digital signage system- the -amp quotMulti-Monitor Information Distribution System- -amp quot throughout its bank branch network in Japan to provide customers with up-to-date financial product and market information. ...
Fri 3rd April 2009 - 03:52am
Aircraft maker Bombardier to cut 3-000 jobs
WASHINGTON AFP - Canadian aircraft manufacturer Bombardier said Thursday it would further reduce its aerospace workforce by 10 percent- about 3-000 jobs- by the end of 2009 due to lower demand for its business jets. ...
Fri 3rd April 2009 - 02:56am
Oil prices soar back above $50
LONDON AFP - Oil prices rocketed back above 50 dollars Thursday with sentiment boosted by G20 leaders striking agreements to help stem the economic downturn- traders said. ...
Fri 3rd April 2009 - 02:43am
World car sector picks up as German sales surge
FRANKFURT AFP - German car sales have shot up 40 percent- new figures out Thursday showed- in a further sign that the world auto industry may be recovering from a collapse that has forced job cuts and plant closures. ...
Fri 3rd April 2009 - 01:46am
G20 aims to raise trillion dollars for IMF- World Bank
LONDON AFP - World leaders are looking to raise up to 1. ...
Fri 3rd April 2009 - 01:45am
Oppn critical of Fed Govts job network overhaul
The Federal Opposition has accused the Federal Government of becoming one of the biggest contributors to the dole queue through its overhaul of the employment services sector. ...
Fri 3rd April 2009 - 01:14am
British insurer Aviva to axe 1-100 staff
LONDON AFP - Insurance giant Aviva is to axe 1-100 staff as it battles the financial crisis- Britains biggest union Unite said Thursday. ...
Fri 3rd April 2009 - 12:41am
European Central Bank issues rates cut
The European Central Bank has cut its main interest rate by a quarter of a per cent to 1.25 per cent. ...
Fri 3rd April 2009 - 12:21am
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