Finance News, Monday 10th January 2011
Burrup remains profitable despite receivership
The firm handling the receivership of the troubled company Burrup Fertilisers says its Pilbara plant is breaking production records and recruiting new staff.The company was put into receivership last month.The ... ...Mon 10th January 2011 - 11:38pm
The Rock Bldg Society branches operational
The Rock Building Society said all of its branches now were fully operational after trading was interrupted by floods in central Queensland.The Rockhampton-based building society on Tuesday said all branches ... ...Mon 10th January 2011 - 11:36pm
Union demands crash crane test
The Maritime Union wants full testing of equipment at East Arm Port to make sure the cause of yesterdays crane crash is dealt with. In high winds two cranes collided ... one of them snapped and crashed ... ...Mon 10th January 2011 - 11:34pm
Australia shares lose 0.4 pct insurers dip
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares lose 0.4 pct insurers dip ...Mon 10th January 2011 - 11:26pm
Portugal next in line for a bailout
Portugal could the latest European nation forced to accept a bail-out as the European debt crisis spreads.Interest rates on Portuguese and Spanish bonds have jumped to record levels ahead of more bond ... ...Mon 10th January 2011 - 11:25pm
Union demands crash crane test
The Maritime Union wants full testing of equipment at East Arm Port to make sure the cause of yesterdays crane crash is dealt with. In high winds two cranes collided ... one of them snapped and crashed ... ...Mon 10th January 2011 - 11:19pm
Crane test demand
The Maritime Union wants full testing of equipment at East Arm Port to make sure the cause of yesterdays crane crash is dealt with. In high winds two cranes collided ... one of them snapped and crashed ... ...Mon 10th January 2011 - 11:18pm
Retailers trail in business outlook
Businesses are expecting a strong start to the year according to the latest national business expectations survey from Dun and Bradstreet.The survey of 1-200 businesses shows near-record expectations for ... ...Mon 10th January 2011 - 10:46pm
Retailers trail in business outlook
Businesses are expecting a strong start to the year according to the latest national business expectations survey from Dun and Bradstreet.The survey of 1-200 businesses shows near-record expectations for ... ...Mon 10th January 2011 - 10:30pm
Stocks fall as Portugal heads towards bailout
Stocks have fallen worldwide for the fourth straight day- shaken by European debt problems. Interest rates are rising on the bonds that Portugal has sold- pushing it towards a Greece style bailout. The ... ...Mon 10th January 2011 - 10:19pm
Portugal shakes confidence
Stocks have fallen worldwide for the fourth straight day- shaken by European debt problems. Interest rates are rising on the bonds that Portugal has sold- pushing it towards a Greece style bailout. The ... ...Mon 10th January 2011 - 10:18pm
Workers to receive back pay
A number of South Australian workers have received thousands of dollars in back pay after an investigation by the Fair Work Ombudsman.Eleven businesses across the state have paid workers almost 120-000.In ... ...Mon 10th January 2011 - 10:06pm
Retailers trail in business outlook
Businesses are expecting a strong start to the year according to the latest national business expectations survey from Dun and Bradstreet.The survey of 1-200 businesses shows near-record expectations for ... ...Mon 10th January 2011 - 09:57pm
Australia shares seen flat- shored up by miners
MARKETS-AUSTRALIA-STOCKS-Australia shares seen flat- shored up by miners ...Mon 10th January 2011 - 09:56pm
Australia shares seen flat- shored up by miners
MARKETS-AUSTRALIA-STOCKS-Australia shares seen flat- shored up by miners ...Mon 10th January 2011 - 09:55pm
Belgian king calls for budget cuts in 2011
King Albert II stepped in to demand budget cuts from Belgiums caretaker government on Monday as concerns rose of Europes debt crisis widening to a country without a government for a record 211 ... ...Mon 10th January 2011 - 09:43pm
Alcoa posts 4Q profit as sales jump
Alcoa Inc says its fourth-quarter earnings surged on higher sales of aluminum products as manufacturing increased across a broad range of businesses from automobiles to consumer products.Alcoa on Monday ... ...Mon 10th January 2011 - 09:37pm
Freight services return after rain damages track
Passenger and freight train services between Melbourne and Sydney are returning to normal today after track damage prevented services yesterday.Heavy rain at Henty in southern New South Wales on Sunday ... ...Mon 10th January 2011 - 09:34pm
Rolls-Royce car sales surge in 2010
The rich got rolling last year- pushing Rolls-Royce Motor Cars to its highest sales figures since BMW took over the company seven years ago.The luxury automaker said on Monday that it sold 2-711 cars in ... ...Mon 10th January 2011 - 09:22pm
Gas monitoring continues after Hunter mine fire
Xstrata Coal says it could be months before its Blakefield South mine is reopened after a fire last week shut down the 350 million operation.Around 500 miners and contractors are to be redeployed while ... ...Mon 10th January 2011 - 09:15pm
More signs of two-speed economy in latest survey
Businesses are expecting a strong start to the year according to the latest national business expectations survey from Dun and Bradstreet.The survey of 1-200 businesses shows near-record expectations for ... ...Mon 10th January 2011 - 09:02pm
Gas monitoring after Hunter mine fire continues
Xstrata Coal says it could be months before its Blakefield South mine is reopened after a fire last week shut down the 350 million operation.Around 500 miners and contractors are to be redeployed while ... ...Mon 10th January 2011 - 09:00pm
Spanish- Portuguese bond rates rise
Tensions rose on eurozone bond markets on Monday with Spanish and Portuguese debt rates hitting record levels ahead of a critical week of debt issues- amid concerns another bailout may be looming.The rate ... ...Mon 10th January 2011 - 08:34pm
Global economy ticks upward- say bankers
The global economy is recovering faster than expected- the worlds leading central bankers said on Monday- though they see dangers from inflation and rising food prices in emerging markets.The recovery ... ...Mon 10th January 2011 - 08:32pm
Chinas December exports up amid tensions
Chinas December exports rose by double digits- possibly fuelling tension with Washington ahead of Chinese President Hu Jintaos US visit next week.The countrys politically sensitive trade ... ...Mon 10th January 2011 - 08:18pm
Govt told to face slump reality
The Tasmanian Government has been told to face the reality of the retail sector slump.New ABS figures show retail trade was flat in November- with no increase in sales.The Treasurer has warned against ... ...Mon 10th January 2011 - 08:18pm
Portugal will not need a bailout - Spain
Portugal will not need a bailout- Spanish Finance Minister Elena Salgado insisted on Monday even as an EU diplomat said several European countries are piling the pressure on Lisbon to seek aid.Portugal ... ...Mon 10th January 2011 - 08:15pm
Pressure on Portugal increases
Europes debt crisis flared up once again on Monday- as Portugals borrowing rates briefly spiked to euro-era highs amid reports Germany and France are pushing it to accept outside help to avoid ... ...Mon 10th January 2011 - 08:13pm
Belgian king calls for budget cuts in 2011
King Albert II stepped in to demand budget cuts from Belgiums caretaker government on Monday as concerns rose of Europes debt crisis widening to a country without a government for a record 211 ... ...Mon 10th January 2011 - 08:09pm
Greece borrowing rates hit new record
Greeces bond yields touched another record high and stocks were hammered on the Athens Stock Exchange Monday- amid a broader flare-up in Europes debt crisis.The 10-year bond yield exceeded the ... ...Mon 10th January 2011 - 08:05pm
Australias Wasabi Energy buys geothermal
Australias Wasabi Energy says it has completed the purchase of an Icelandic geothermal plant in a deal likely to stir up debate in Iceland where the sale of natural resources to foreign companies ... ...Mon 10th January 2011 - 08:01pm
Gillard reluctant to back online GST
Prime Minister Julia Gillard says she would be very reluctant to change the way Australians shop on the internet- despite a coalition of retailers calling for GST to apply to all online purchases.Harvey ... ...Mon 10th January 2011 - 02:15pm
Optimism returns to Detroit auto show
Optimism returned to the Detroit auto show Monday as US automakers celebrated rising sales and a remarkable recovery after years of painful restructuring and the bankruptcy of General Motors and Chrysler.This ... ...Mon 10th January 2011 - 02:10pm
iPhone sales shift set to shake up US telecoms
AT-ampTs monopoly on carrying the iPhone in the United States is expected to near its end Tuesday- when its rival Verizon announces a deal to begin selling Apples coveted device.For more than three ... ...Mon 10th January 2011 - 01:59pm
Groupon raises 950 mln in new funding
Internet bargain coupon phenomenon Groupon said Monday it had raised 950 million in the past month to invest in technology- fund its global expansion and compensate company employees and early investors.The ... ...Mon 10th January 2011 - 12:51pm
Intel to pay 1.5 bln in NVIDIA patent dispute
US chip maker Intel on Monday announced it would pay graphics card developer NVIDIA 1.5 billion over the next five years to settle a patent dispute.The companies have been arguing for nearly two years ... ...Mon 10th January 2011 - 12:42pm
Inditex founder to step down as chairman
The founder of Spains Inditex- Amancio Ortega- on Monday proposed that the companys chief executive- Pablo Isla- replace him as chairman of the worlds biggest clothing retailer.The company ... ...Mon 10th January 2011 - 11:39am
Russias top pyramid schemer makes comeback
The man who created the biggest pyramid scheme in Russias history announced Monday that he was making a comeback with a new investment vehicle that brings in monthly returns of 20 to 30 percent.Sergei ... ...Mon 10th January 2011 - 11:22am
Trade deals and pandas after Britain-China talks
Britain and China signed trade deals worth 2.6 billion pounds 4.0 billion dollars- 3.1 billion euros Monday and announced Beijing will loan a pair of giant pandas to Edinburgh Zoo for 10 years.The agreements ... ...Mon 10th January 2011 - 11:04am
Optimism returns to Detroit auto show
Optimism returned to the Detroit auto show Monday as US automakers celebrated rising sales and a remarkable recovery after years of painful restructuring and the bankruptcy of General Motors and Chrysler.This ... ...Mon 10th January 2011 - 10:25am
Minority shareholders to contest Hermes ruling
A French small shareholders association said Monday it will appeal a decision by market regulators allowing the family controlling luxury goods house Hermes not to make an offer for all the shares.The ... ...Mon 10th January 2011 - 10:11am
Gillard reluctant to back online GST
Prime Minister Julia Gillard says she would be very reluctant to change the way Australians shop on the internet- despite a coalition of retailers calling for GST to apply to all online purchases.Harvey ... ...Mon 10th January 2011 - 09:05am
Gillard reluctant to back online GST
Prime Minister Julia Gillard says she would be very reluctant to change the way Australians shop on the internet- despite a coalition of retailers calling for GST to apply to all online purchases.Harvey ... ...Mon 10th January 2011 - 09:04am
Brazils 2010 coffee exports earn record 5.7 bln
Brazil had a record year exporting coffee in 2010- bringing in 5.7 billion from the bitter beans and consolidating its position as easily the worlds biggest coffee producer- data released Monday ... ...Mon 10th January 2011 - 08:49am
Renault summons suspect bosses- unions
French car maker Renault has summoned three top managers whom it suspended over alleged industrial espionage to see company bosses on Tuesday and may fire them- unions told AFP.The company said it had ... ...Mon 10th January 2011 - 08:47am
Pressure grows on Portugal to seek bailout
Several European countries are piling pressure on Portugal to seek a bailout- an EU diplomat said- amid fears the eurozone debt crisis might spread to Spain as their borrowing rates hit new highs on Monday.There ... ...Mon 10th January 2011 - 08:29am
Optimism returns to Detroit auto show
Optimism returned to the Detroit auto show Monday as US automakers celebrated rising sales and a remarkable recovery after years of painful restructuring and the bankruptcy of General Motors and Chrysler.This ... ...Mon 10th January 2011 - 08:23am
Chinas December exports up amid tensions
Chinas December exports rose by double digits- possibly fuelling tension with Washington ahead of Chinese President Hu Jintaos US visit next week.Exports rose 17.9 per cent- producing a US13.1 ... ...Mon 10th January 2011 - 08:09am
Pandas and business deals after Britain-China talks
Britain and China signed trade deals worth 2.6 billion pounds four billion dollars- 3.1 billion euros Monday and announced Beijing will loan a pair of giant pandas to Edinburgh Zoo for 10 years.The agreements ... ...Mon 10th January 2011 - 07:49am
Billionaire no show for Burrups receiver meeting
The owner of Burrup Fertilisers- Australias largest ammonium producer- has confirmed he will not be attending a meeting tomorrow with the companys receivers.Indian-born billionaire Pankaj Oswal ... ...Mon 10th January 2011 - 07:42am
Italys Fiat hikes Chrysler stake to 25
Italian auto giant Fiat has increased its stake in Chrysler to 25 percent from 20 percent as part of a deal signed after the iconic US brand emerged from bankruptcy in 2009- Fiat said on Monday.The five-percent ... ...Mon 10th January 2011 - 07:40am
Gillard reluctant to back online GST
Prime Minister Julia Gillard says she would be very reluctant to change the way Australians shop on the internet- despite a coalition of retailers calling for GST to apply to all online purchases.Harvey ... ...Mon 10th January 2011 - 07:38am
Duke- Progress merge to form largest US utility
Duke Energy and Progress Energy announced Monday an all-stock merger worth nearly 14 billion- saying it would create the largest utility in the United States.The combined company- to be called Duke Energy- ... ...Mon 10th January 2011 - 07:23am
Italys Fiat hikes Chrysler stake to 25
Italian auto giant Fiat has increased its stake in Chrysler to 25 percent from 20 percent as part of a deal signed after the iconic US brand emerged from bankruptcy in 2009- Fiat said on Monday.The five-percent ... ...Mon 10th January 2011 - 07:22am
Gillard reluctant to back online GST
Prime Minister Julia Gillard says she would be very reluctant to change the way Australians shop on the internet- despite a coalition of retailers calling for GST to apply to all online purchases.Harvey ... ...Mon 10th January 2011 - 07:20am
Stirling Products to set up Canadian plant
Pharmaceuticals marketer Stirling Products Ltd is eyeing manufacturing revenues after receiving approval to establish a plant in Cananda.Stirling Products Canadian subsidiary Stirling Pharma has received ... ...Mon 10th January 2011 - 07:17am
Crane crashes- crushes truck
A crane has fallen at Darwins East Arm Wharf- crushing a truck.No-one is believed to have been injured in the accident.The crane was reportedly loading an oil rig tender at the time of the accident.... ...Mon 10th January 2011 - 07:11am
Ford to create 7-000 US jobs
Automaker Ford announced Monday it would hire 7-000 more US workers over the next two years as the industry continues to recover from its recent slump.The jobs- a mix of hourly and salaried posts- will ... ...Mon 10th January 2011 - 06:53am
Virgin Blue forms alliance with Skywest
Virgin Blue Holdings Ltd says it will add turbo prop aircraft to its fleet and expand to regional areas through a 10-year strategic alliance with the Western Australia-based Skywest Airlines.Virgin Blue ... ...Mon 10th January 2011 - 06:30am
Another ghost net found in NT waters
Northern Territory fisheries officers have found another ghost net off the coast near an island off West Arnhem Land.A Warruwi local helped police pull in the net- which weighed more than 200kg- from the ... ...Mon 10th January 2011 - 06:18am
Australia shares revived as retail sales- China imports please
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares revived as retail sales- China imports please ...Mon 10th January 2011 - 06:11am
Final farewell for footy great
Hundreds of people have gathered in pouring rain on the Tiwi Islands north of Darwin to attend a final mass for AFL footballing great Maurice Rioli.A large number of Tiwi Islanders turned out to pay their ... ...Mon 10th January 2011 - 06:01am
Italys Fiat hikes Chrysler stake to 25
Italian auto giant Fiat has increased its stake in Chrysler to 25 percent from 20 percent as part of a deal signed after the iconic US brand emerged from bankruptcy in 2009- Fiat said on Monday.The increase ... ...Mon 10th January 2011 - 05:54am
Final farewell for footy great
Hundreds of people have gathered in pouring rain on the Tiwi Islands north of Darwin to attend a final mass for AFL footballing great Maurice Rioli.A large number of Tiwi Islanders turned out to pay their ... ...Mon 10th January 2011 - 05:52am
Credit Suisse eyes sharp GDP fall in 2011
Investors should sell resources stocks and position portfolios defensively in 2011 ahead of a likely sharp slowdown in Australias economic growth- according to Credit Suisse.The global bank on Monday ... ...Mon 10th January 2011 - 05:45am
GMs Volt named North America car of the year
The Chevrolet Volt- General Motorss flagship plug-in hybrid- beat out Nissans fully electric Leaf Monday to be named car of the year at the Detroit auto show by a panel of automotive journalists.Fords ... ...Mon 10th January 2011 - 05:44am
Job ads fell 2.3 in December
The number of jobs advertised fell 2.3 per cent in December- the biggest fall since July 2009- a survey shows.The December Advantage Job Index showed jobs advertised in the retail sector recorded a fall ... ...Mon 10th January 2011 - 05:36am
Broome residents divided over proposed gas hub
Scattered in nooks and crannies around Broome are posters depicting the town as a smoky hell-hole. In the foreground of the poster- a chain of camels saunters down idyllic Cable beach in the water behind- ... ...Mon 10th January 2011 - 05:36am
Alstom denies British bribe allegations
French engineering group Alstom denied on Monday a report that it paid 81 million pounds 97.5 million euros-126 million in bribes through its British offshoots.The Times newspaper reported that Britains ... ...Mon 10th January 2011 - 05:31am
Australia shares recover- helped by retail- China import data
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares recover- helped by retail- China import data ...Mon 10th January 2011 - 05:23am
US chemical giant DuPont buys Danisco for 6.3 bln
Danish food ingredient and enzyme company Danisco said Monday it would be acquired by US chemical giant DuPont in a deal worth 6.3 billion 4.9 billion euros- pending approval by regulators.The acquisition ... ...Mon 10th January 2011 - 05:12am
Chinas trade surplus shrinks in December
China said Monday its trade surplus shrank sharply in December- but the hefty figure is still likely to be a sticking point in trade talks when President Hu Jintao visits Washington next week.The trade ... ...Mon 10th January 2011 - 04:11am
Central bank chiefs insist on fiscal soundness
Central bankers stressed on Monday that fiscal soundness was key in maintaining a healthy global economy- European Central Bank chief Jean-Claude Trichet said after a BIS meeting.It was absolutely ... ...Mon 10th January 2011 - 04:09am
OECD points to strong global economic recovery
Economic activity was set to accelerate in the United States- China- Japan and France in November- while other European countries showed signs of stabilisation- the OECD said on Monday.The Organisation ... ...Mon 10th January 2011 - 04:01am
Retailers bracing for tough 2011
Retailers face gloomy prospects in 2011 after new figures revealed pre-Christmas shoppers were cautious and out for bargains.The Australian Bureau of Statistics ABS on Monday reported retail trade rose ... ...Mon 10th January 2011 - 03:57am
Chinas trade surplus shrinks sharply
China said its trade surplus shrank sharply in December- but the issue is still likely to be a sticking point in Sino-US trade talks when President Hu Jintao visits Washington next week.The countrys ... ...Mon 10th January 2011 - 03:55am
Govt green light for three new supermarkets
The latest sale of Canberra shopping space is renewing questions about the ACT Governments approach to increasing supermarket competition.The Government has given in-principle support to directly ... ...Mon 10th January 2011 - 03:54am
Govt green light for three new supermarkets
The latest sale of Canberra shopping space is renewing questions about the ACT Governments approach to increasing supermarket competition.The Government has given in-principle support to directly ... ...Mon 10th January 2011 - 03:48am
BlackBerry to filter websites in Indonesia
Smartphone maker BlackBerry on Monday said it would start filtering web services in Indonesia after the government threatened curbs on the company if it failed to block access to pornographic sites.Research ... ...Mon 10th January 2011 - 03:35am
US chemical giant DuPont bids 6.3 bln for Danisco
Danish food ingredient and enzyme company Danisco said Monday it would be acquired by US chemical giant DuPont in a deal worth 6.3 billion 4.9 billion euros- pending approval by regulators.The acquisition ... ...Mon 10th January 2011 - 03:25am
Cautious consumers keep retail sales low
Retail sales rose slightly in November but economists say the data shows the Australian economy is slowing down as consumers stay cautious about spending.Retail spending rose 0.3 per cent in November to ... ...Mon 10th January 2011 - 03:20am
Euro- bonds hit by eurozone debt fears
The euro briefly dropped under 1.29 on Monday- its lowest point since September as eurozone bond rates struck record highs on fresh concerns over the regions debt and deficit problems- analysts said.The ... ...Mon 10th January 2011 - 03:00am
European stocks slip on eurozone bond angst
Europes main stock markets slid on Monday amid renewed tension over the eurozone debt crisis- particularly over the outlook for Spain and Portugal- dealers said.The mining sector was meanwhile hit ... ...Mon 10th January 2011 - 02:56am
Fruit and veg prices to soar
Fruit and vegetable prices could be set to soar in the Northern Territory as a result of the Queensland floods.A wholesaler from Brisbane Markets- which is the source of most of the Territorys fruit ... ...Mon 10th January 2011 - 02:39am
Renault posts record sales in 2010
French automaker Renault reported on Monday that global sales hit a record 2.6 million vehicles in 2010- up 14.0 percent from the total in 2009- with sales in emerging markets particularly strong.The company ... ...Mon 10th January 2011 - 02:33am
Wet Spring dampens retail spending
After a weak bounce in November- retail trade for that month was still below its level in August- the last month of winter.The weakness no doubt owed a lot to the rises in interest rates in late 2009 and ... ...Mon 10th January 2011 - 02:25am
Spanish- Portuguese bond rates hit record levels
Tensions rose on eurozone bond markets on Monday with Spanish and Portuguese debt rates hitting record levels ahead of a critical week of debt issues amid concerns that another bailout may be looming.The ... ...Mon 10th January 2011 - 02:14am
Fruit and veg prices to soar
Fruit and vegetable prices could be set to soar in the Northern Territory as a result of the Queensland floods.A wholesaler from Brisbane Markets- which is the source of most of the Territorys fruit ... ...Mon 10th January 2011 - 02:11am
UK medical group Smith -amp Nephews shares up 11
Shares in British pharmaceuticals firm Smith -amp Nephew surged on Monday when investors seized on a weekend report of a potential takeover approach from US cosmetics and drugs giant Johnson -amp Johnson.In ... ...Mon 10th January 2011 - 01:57am
Keybridge Capital expects H1 loss
Investor in structured finance transactions Keybridge Capital Ltd has flagged a first half loss as it continues to sell investments in order to pay off debt.Keybridge said it expects to post a loss for ... ...Mon 10th January 2011 - 01:46am
Govt probe into Vodafone security breach
The Australian Privacy Commissioner will be investigating Vodafone over a security breach of the companys customer database.Yesterday the company admitted its online database was breached- allowing ... ...Mon 10th January 2011 - 01:45am
Govt probe into Vodafone security breach
The Australian Privacy Commissioner will be investigating Vodafone over a security breach of the companys customer database.Yesterday the company admitted its online database was breached- allowing ... ...Mon 10th January 2011 - 01:34am
Taiwans TSMC sales rise more than 40 in 2010
Taiwan Semiconductor Manufacturing Co TSMC- the worlds leading contract microchip maker- said Monday sales in 2010 surged 41.9 percent on strong demand from key clients.Revenues totalled a record ... ...Mon 10th January 2011 - 01:32am
Retail sales modest in lead up to Christmas
The latest retail sales figures show consumers were fairly cautious in the lead up to Christmas- despite the earlier than usual discounting.The data from the Australian Bureau of Statistics show retail ... ...Mon 10th January 2011 - 01:29am
Taxing times constrain employment
Tasmanians are paying some of the highest payroll and land taxes in the country.The Institute for Public Affairs report ranked Tasmania fourth for overall state tax burden. It found Tasmanias land ... ...Mon 10th January 2011 - 01:26am
Taxing times constrain employment
Tasmanians are paying some of the highest payroll and land taxes in the country.The Institute for Public Affairs report ranked Tasmania fourth for overall state tax burden. It found Tasmanias land ... ...Mon 10th January 2011 - 01:25am
Govt probe into Vodafone security breach
The Australian Privacy Commissioner will be investigating Vodafone over a security breach of the companys customer database.Yesterday the company admitted its online database was breached- allowing ... ...Mon 10th January 2011 - 01:24am
Cautious consumers keep retail sales low
Retail sales rose slightly in November- but economists say the data shows the Australian economy is slowing down thanks to interest rate rises and consumer conservatism.Retail spending rose 0.3 per cent ... ...Mon 10th January 2011 - 01:22am
Retail sales modest in lead up to Christmas
The latest retail sales figures show consumers were fairly cautious in the lead up to Christmas- despite the earlier than usual discounting.The data from the Australian Bureau of Statistics show retail ... ...Mon 10th January 2011 - 01:16am
Cautious consumers keep retail sales low
Retail sales rose slightly in November- but economists say the data shows the Australian economy is slowing down thanks to interest rate rises and consumer conservatism.Retail spending rose 0.3 per cent ... ...Mon 10th January 2011 - 01:13am
Australia shares propped by retailer gains
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares propped by retailer gains ...Mon 10th January 2011 - 01:12am
Repaired roads will be better than before floods
Queensland Main Roads Minister Craig Wallace says his department will have to make savings in other areas to help fund flood repairs.He says early estimates put the damage bill at 1.5 billion but most ... ...Mon 10th January 2011 - 01:00am
Retail trade up slightly in Nov
Retail spending has increased 0.3 per cent in November- after the Melbourne Cup day interest rate rise.Retail trade rose in the month to a seasonally adjusted 20.328 billion- compared to an upwardly revised ... ...Mon 10th January 2011 - 12:50am
Govt green light for three new supermarkets
The latest sale of Canberra shopping space is renewing questions about the ACT Governments approach to increasing supermarket competition.The Government has given in-principle support to directly ... ...Mon 10th January 2011 - 12:35am
Retail trade up-down x.x in Nov
Retail spending has increased 0.3 per cent in November- after the Melbourne Cup day interest rate rise.Retail trade rose in the month to a seasonally adjusted 20.328 billion- compared to an upwardly revised ... ...Mon 10th January 2011 - 12:32am
Taxing times constrain employment
A new national taxation report has revealed Tasmania has the second highest payroll tax of all the Australian states.Released by the Institute of Public Affairs the report found Tasmania has the fourth ... ...Mon 10th January 2011 - 12:26am
Virgin Blue forms alliance with Skywest
Virgin Blue Holdings Ltd says it will lease up to 18 turbo prop aircraft and increase its exposure to the mining boom after signing a 10-year strategic alliance with Singapore-based regional operator Skywest ... ...Mon 10th January 2011 - 12:13am
Taxing times constrain employment
A new national taxation report has revealed Tasmania has the second highest payroll tax of all the Australian states.Released by the Institute of Public Affairs the report found Tasmania has the fourth ... ...Mon 10th January 2011 - 12:10am
Possum cuts power to 300 homes
A possum has been blamed for power cuts in Melbournes west this morning.It is believed the possum was electrocuted on electricity equipment in Williamstown- cutting power to about 300 homes and businesses.Train ... ...Mon 10th January 2011 - 12:05am
Last 7 days news:
- Todays News (96)
- 21st May 2013 (101)
- 20th May 2013 (77)
- 19th May 2013 (23)
- 18th May 2013 (31)
- 17th May 2013 (89)
- 16th May 2013 (106)