Finance News, Thursday 27th January 2011
Mixed earnings taper Wall St gains
Stocks on Wall Street fluctuated around 28 month highs in late trade- as mixed economic data and corporate earnings left the market struggling to find direction.At the close- the Dow Jones Industrial Average ... ...Thu 27th January 2011 - 11:57pm
Murchison confident of extension for Oakajee project
Murchison Metals remains confident it will obtain an extension for the 4 billion Oakajee Port and Rail Project in the Mid West.Earlier this week the Premier Colin Barnett wrote to the Oakajee Port and ... ...Thu 27th January 2011 - 11:49pm
Wait continues for Bali-bound passengers
A volcanic eruption in Java has forced Virgin Blue and Jetstar to cancel flights to Bali until at least this afternoon.Volcanic ash spewing from Mount Bromo in East Java has forced the airlines to cancel ... ...Thu 27th January 2011 - 11:44pm
Australia shares open flat
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares open flat ...Thu 27th January 2011 - 11:26pm
Wait continues for Bali-bound passengers
A volcanic eruption in Java has forced Virgin Blue and Jetstar to cancel all flights to Bali until at least this afternoon.Volcanic ash spewing from Mount Bromo in East Java has forced the airlines to ... ...Thu 27th January 2011 - 11:20pm
ResMed records 31 jump in profit
Medical equipment maker ResMed Inc increased first half net profit 31 per cent as demand for sleep-disorder breathing products grew.ResMed says net profit for the six months to December 31 was US115.2 ... ...Thu 27th January 2011 - 11:12pm
US could have avoided financial crisis- commission
A long-running US inquiry into the causes of the countrys worst financial meltdown since the Great Depression has found it was avoidable.After more than a year of investigation- the commission blamed ... ...Thu 27th January 2011 - 11:06pm
ResMed records 31 jump in profit
Medical equipment maker ResMed Inc increased first half net profit 31 per cent as demand for sleep-disorder breathing products grew.ResMed says net profit for the six months to December 31 was US115.2 ... ...Thu 27th January 2011 - 11:02pm
Registration rise blamed for more trucks on roads
The Road Transport Association says the number of trucks is rising on South Australian roads as operators choose smaller trucks to avoid big registration rises for B-double vehicles.Association executive ... ...Thu 27th January 2011 - 10:47pm
Canberra rents continue upward trend
Unit rental prices in Canberra continue to skyrocket.The latest quarterly analysis of rental prices from RP Data shows the price of a two-bedroom unit in Canberra increased by over 4 per cent to 420. ... ...Thu 27th January 2011 - 10:42pm
News Corp to launch iPad newspaper
Rupert Murdochs News Corp is planning to launch The Daily- the media tycoons exclusive digital newspaper for the iPad- in New York on Wednesday.News Corp on Thursday invited reporters to a February ... ...Thu 27th January 2011 - 10:39pm
Housing shortage to drive up rent in 2011
A lack of supply in the housing market is not only pushing property prices up- but rents too- and new research from RP Data says the situation will worsen over the next 12 months.RP Datas December ... ...Thu 27th January 2011 - 10:38pm
Rental rates remain a struggle
Tasmanias Tenants Union warns people renting are struggling financially despite Hobart having the cheapest rental rates.The national property firm RP Data has found that at 285 per week- Hobart has ... ...Thu 27th January 2011 - 10:30pm
Power inquiry costs revealed
Information released to an Upper House inquiry into the sale of New South Wales electricity assets reveals accountants and lawyers have been the big winners.In response to a question on notice- the Treasury ... ...Thu 27th January 2011 - 10:15pm
Australia shares seen marking time in mixed market
MARKETS-AUSTRALIA-STOCKS-Australia shares seen marking time in mixed market ...Thu 27th January 2011 - 10:06pm
Power inquiry costs revealed
Information released to an Upper House inquiry into the sale of New South Wales electricity assets reveals accountants and lawyers have been the big winners.In response to a question on notice- the Treasury ... ...Thu 27th January 2011 - 10:04pm
Microsoft posts lower income
Microsoft Corp on Thursday said its net income for the latest quarter edged down from a year ago- beating Wall Streets expectations despite the weak personal computer market.Microsofts net income ... ...Thu 27th January 2011 - 09:54pm
Amazon.com 4Q revenue misses forecasts
Amazon.com is reporting an eight per cent increase in fourth-quarter net income which surpasses Wall Street expectations- but revenue fell short- sending shares down nearly six per cent in extended trading.The ... ...Thu 27th January 2011 - 09:52pm
Mixed earnings taper Wall St gains
Stocks on Wall Street fluctuated around 28 month highs in late trade- as mixed economic data and corporate earnings left the market struggling to find direction. At close- the Dow Jones Industrial ... ...Thu 27th January 2011 - 09:35pm
Energy deal sound economics- Premier
The Tasmanian Government says its decision to buy cheaper electricity interstate is sound economics.Theres growing outrage over revelations the government has overlooked its own power company Aurora ... ...Thu 27th January 2011 - 09:25pm
US could have avoided financial crisis- commission
A long-running US inquiry into the causes of the countrys worst financial meltdown since the Great Depression has found it was avoidable.After more than a year of investigation- the commission blamed ... ...Thu 27th January 2011 - 09:09pm
US pending home sales up 2 in December
Pending home sales in the United States rose two per cent in December from the previous month- suggesting a sustainable upward trend in the hard-hit sector- a real estate agent group said on ... ...Thu 27th January 2011 - 09:04pm
Auctioneers Christies has record year
Christies notched up the biggest sales figures in the art auction industrys history last year- the firm announced on Thursday- with record global sales of US5 billion A5.02 billion.And Chinese ... ...Thu 27th January 2011 - 08:55pm
Colgate-Palmolive 4Q earnings dip
Colgate-Palmolive Cos earnings and revenue declined in the fourth quarter- pressured by currency changes and rising costs.While its earnings results beat Wall Street expectations- the maker of toothpaste- ... ...Thu 27th January 2011 - 07:26pm
Caterpillars 4Q profit quadruples
Caterpillar more than quadrupled its fourth-quarter profit over the previous years weak results as stronger demand- especially in developing nations- helped increase global sales of mining and construction ... ...Thu 27th January 2011 - 07:23pm
Business concern at flood levy
Tasmanias business community is concerned the state will miss out on infrastructure funding because of the 5.6 billion flood rebuilding package.The package will be partly funded by the savings made ... ...Thu 27th January 2011 - 07:21pm
China promises to buy even more overseas
China promised on Thursday to help lift global consumption- with Commerce Minister Chen Deming saying that the Asian giant plans to buy even more from overseas.Our development needs to ... ...Thu 27th January 2011 - 07:16pm
Chinas CNPC to buy 19.9 of LNG
Chinas state-owned giant CNPC said on Thursday its engineering division had agreed to buy nearly 20 per cent of Australias Liquefied Natural Gas Ltd LNG- the latest purchase in Australia by ... ...Thu 27th January 2011 - 06:45pm
Industry disappointed by move to scrap Green Car fund
Unions and automotive industry groups say they are disappointed the Federal Government is abolishing the Green Car Innovation Fund.The Government dumped the fund- which provides incentives to manufacturers ... ...Thu 27th January 2011 - 01:04pm
IMF raps US- Japan on delaying budget tightening
The International Monetary Fund said Thursday the United States- Japan and Brazil had fallen short of goals for budget tightening- but noted progress in major European countries.In a regular fiscal report- ... ...Thu 27th January 2011 - 12:27pm
US financial crisis avoidable says probe
The financial crisis that engulfed the globe and cost millions of jobs could have been avoided- a US government-appointed panel said Thursday- as they handed the baton over to prosecutors.After 18 months ... ...Thu 27th January 2011 - 12:21pm
Microsoft net profit slips despite record 2Q revenue
Microsoft on Thursday reported its net profit slipped despite record-high revenue in the last quarter on sales of computers and Kinect controllers for Xbox 360 consoles.The US technology titan made 6.63 ... ...Thu 27th January 2011 - 12:12pm
Microsoft net profit slips despite record 2Q revenue
Microsoft on Thursday reported its net profit slipped despite record-high revenue in the last quarter on sales of computers and Kinect controllers for Xbox 360 consoles.The US technology titan made 6.63 ... ...Thu 27th January 2011 - 11:36am
Egypt trading suspended after sharp drop
Egypts stock exchange suspended trading temporarily on Thursday after a sharp drop- amid the largest anti-government protests in the country in three decades.The suspension came after the benchmark ... ...Thu 27th January 2011 - 10:35am
Spanish banking giant La Caixa to list banking business
Spains biggest savings bank La Caixa announced Thursday a complex deal to list its 9.48-billion-euro retail banking operations on the market- part of a major industry shake-up.The bank said the boards ... ...Thu 27th January 2011 - 10:26am
Spanish banking giant La Caixa to list banking business
Spains biggest savings bank La Caixa announced Thursday a complex deal to list its 9.48-billion-euro retail banking operations on the market- part of a major industry shake-up.The bank said the boards ... ...Thu 27th January 2011 - 10:03am
Pike River miners likely dead within minutes
An inquest into the deaths of 29 miners in New Zealands Pike River coal mine disaster has been told they probably died within minutes of the first explosion.Two Australians were among those killed ... ...Thu 27th January 2011 - 09:51am
Japans credit rating downgraded on debt concerns
Standard -amp Poors on Thursday cut Japans credit rating for the first time since 2002- accusing the government of lacking a coherent strategy to ease the highest debt of any industrialised ... ...Thu 27th January 2011 - 09:32am
Spanish banking giant La Caixa to list banking business
Spains biggest savings bank La Caixa announced Thursday a complex deal to list its 9.48-billion-euro retail banking operations on the market- part of a major industry shake-up.The bank said the boards ... ...Thu 27th January 2011 - 09:19am
Fiat returns to profit
Italian industrial giant Fiat said Thursday that it returned to profit in 2010- beating analyst forecasts as it enjoyed strong sales of lorries and tractors- with Brazil performing especially well.The ... ...Thu 27th January 2011 - 09:14am
Energy deal sound economics- Premier
The Tasmanian Government says its decision to buy cheaper electricity interstate is sound economics.Theres growing outrage over revelations the government has overlooked its own power company Aurora ... ...Thu 27th January 2011 - 09:05am
US must accept blame for financial crisis- panel
The United States as a nation must accept blame for causing the financial crisis that engulfed the global economy and cost millions of jobs- a US government-appointed panel reported Thursday.After 18 months ... ...Thu 27th January 2011 - 09:00am
Carrefour- Wal-Mart sorry for China pricing
Retail giants Wal-Mart and Carrefour have apologised after Chinese authorities accused them of overcharging customers- state media said Friday.Eleven Carrefour stores and three Wal-Mart branches were found ... ...Thu 27th January 2011 - 08:57am
Pike River miners likely dead within minutes
An inquest into the deaths of 29 miners in New Zealands Pike River coal mine disaster has been told they probably died within minutes of the first explosion.Two Australians were among those killed ... ...Thu 27th January 2011 - 08:48am
BSkyB profits surge amid News Corp. takeover saga
BSkyB posted soaring profits on Thursday as the British pay-TV giant awaited a possible full takeover by Rupert Murdochs News Corp.- and as it bids to repair its reputation after a sexism scandal.BSkyB ... ...Thu 27th January 2011 - 08:47am
QBE to buy CUNA Mutual Aust operations
QBE Insurance Group Ltd has agreed to buy the Australian operations of US-owned CUNA Mutual Group- as the insurer seeks to build its presence in the financial institutions sector.The takeover- for an undisclosed ... ...Thu 27th January 2011 - 08:46am
Iceland says aims to buy shares in disputed energy company
Icelands government said Thursday it plans to try to purchase shares in the geothermal energy producer HS Orka- following a petition spearheaded by pop star Bjork for the country to nationalise its ... ...Thu 27th January 2011 - 08:44am
Energy deal sound economics- Premier
The Tasmanian Government says its decision to buy cheaper electricity interstate is sound economics.Theres growing outrage over revelations the government has overlooked its own power company Aurora ... ...Thu 27th January 2011 - 08:35am
IMF raps US- Japan on delaying budget tightening
The International Monetary Fund said Thursday the United States- Japan and Brazil had fallen short of goals for budget tightening- but noted progress in major European countries.In a regular fiscal report- ... ...Thu 27th January 2011 - 08:12am
Novartis posts strong growth- weaker outlook disappoints
Swiss pharmaceutical group Novartis said on Thursday that its 2010 net profit grew 18 percent with strong sales but its weaker outlook disappointed analysts.Novartis suggested that its performance this ... ...Thu 27th January 2011 - 07:43am
Caterpillar 2010 profit up 202 quadruples in 4Q
US heavy equipment maker Caterpillar said Thursday that profit jumped 202 percent in 2010 on a surge in sales- with profits quadrupling in the fourth quarter.The company reported 2.7 billion in profit ... ...Thu 27th January 2011 - 07:40am
NSW power bosses avoid arrest warrant
A group of former power company directors refusing to appear before a New South Wales Upper House inquiry into the sale of state electricity assets have won a reprieve.Chamber president Amanda Fazio has ... ...Thu 27th January 2011 - 07:33am
Indonesias President says food security must be G20 priority
Indonesian President Susilo Bambang Yudhoyono said Thursday that food security should be a key priority for the G20- warning that soaring food prices could lead to more unrest.Indonesia fully supports ... ...Thu 27th January 2011 - 07:25am
NSW power bosses avoid arrest warrant
A group of former power company directors refusing to appear before a New South Wales Upper House inquiry into the sale of state electricity assets have won a reprieve.Chamber president Amanda Fazio has ... ...Thu 27th January 2011 - 07:24am
Hyundais Q4 profit jumps 48 per cent
Hyundai Motors net profit jumped 48 per cent in the fourth quarter to a record high as revenue and vehicle sales rose.Hyundai said that it earned 1.4 trillion won A1.3 billion in the three months ... ...Thu 27th January 2011 - 07:17am
Operators blasted over Queensland oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 07:11am
Operators blasted over Queensland oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 07:10am
Nokia says it must change faster to avoid decline
Tumbling profits forced Finnish mobile phone maker Nokia to acknowledge Thursday that it must change even faster if it wants to halt the erosion of its status as global market leader.In short- the ... ...Thu 27th January 2011 - 07:08am
Sarkozy- Merkel and I will never let the euro fail
European leaders Thursday rushed to defend the embattled euro- with Frances Nicolas Sarkozy declaring he would never let it fail and Europes top central banker denying there was a crisis.Addressing ... ...Thu 27th January 2011 - 07:04am
Record-breaking gold boosted by eurozone crisis
Gold prices smashed record peaks in 2010- jumping 29 percent on the back of robust demand- as the eurozone debt crisis boosted the safe-haven commodity- the World Gold Council said Thursday.The precious ... ...Thu 27th January 2011 - 06:54am
Hyundais Q4 profit jumps 48 per cent
Hyundai Motors net profit jumped 48 per cent in the fourth quarter to a record high as revenue and vehicle sales rose.Hyundai said that it earned 1.4 trillion won A1.3 billion in the three months ... ...Thu 27th January 2011 - 06:45am
Downer EDI takes 250m charge on Waratah
Downer EDI Ltd has pushed back the delivery of NSWs overdue Waratah trains until at least April- with the engineering firm taking another massive writedown that wiped 20 per cent off its share price.Downer ... ...Thu 27th January 2011 - 06:31am
Japans credit rating downgraded on debt concerns
Standard -amp Poors on Thursday cut Japans credit rating for the first time since 2002- accusing the government of lacking a coherent strategy to ease the highest debt of any industrialised ... ...Thu 27th January 2011 - 06:23am
Alesco says floods will affect business
Construction- mining and home products provider Alesco Corporation Ltd says floods on Australias east coast have hurt trading- but expects demand for the companys goods to rise as reconstruction ... ...Thu 27th January 2011 - 05:50am
Darwin has most expensive rent
A new property survey has found Darwin remains the most expensive city to rent a home or unit in Australia.The RP Data Rental Review shows on average it costs 520 a week to rent a house- and 430 to rent ... ...Thu 27th January 2011 - 05:36am
Floods cut Macarthur Coal Dec qtr output
Macarthur Coal Ltd says metallurgical coal prices have risen due to supply disruptions in Queensland caused by wet weather- which crimped the miners December quarter sales by 20 per cent.Macarthurs ... ...Thu 27th January 2011 - 05:27am
Beach Q4 revenue up 16 on oil price
Beach Energy Ltds revenue rose 16 per cent in the fourth quarter due to higher realised oil prices- despite a seven per cent fall in production.Beach says revenue was 142.4 million in the December ... ...Thu 27th January 2011 - 05:25am
Australia shares struggle as new tax weighs on retailers
MARKETS-AUSTRALIA-STOCKS UPDATE 3-Australia shares struggle as new tax weighs on retailers ...Thu 27th January 2011 - 05:23am
TNK-BPs Russian owners seek to block Rosneft deal
Russian shareholders of Russian-British joint venture TNK-BP have filed a complaint with a London court seeking to block a planned milestone deal between BP and Rosneft- a spokesman said Thursday.I ... ...Thu 27th January 2011 - 05:06am
Flood levy to cut consumer spending
Economists say the Federal Governments move to impose a levy in order to help fund the cost of flood reconstruction is going to hurt the already troubled retail sector.Prime Minister Julia Gillard ... ...Thu 27th January 2011 - 04:45am
Flood levy to cut consumer spending
Economists say the Federal Governments move to impose a levy in order to help fund the cost of flood reconstruction is going to hurt the already troubled retail sector.Prime Minister Julia Gillard ... ...Thu 27th January 2011 - 04:44am
Darwin has most expensive rent
A new property survey has found Darwin is the most expensive city to rent a home in Australia.The RP Data Rental Review shows Canberra and Sydney are the second and third most expensive cities to rent ... ...Thu 27th January 2011 - 04:43am
Economy set to slow- rates to stay on hold
The likely pace of economic growth over the next nine to 12 months has slowed- suggesting the next interest rate hike wont come until the latter half of 2011.The Westpac-Melbourne institute Index ... ...Thu 27th January 2011 - 04:07am
Darwin is priciest city to rent a house
Darwin is now the most expensive Australian city in which to rent a house- after rents grew by 4.2 per cent in capital cities in 2010.The RP Data Rental Review for the December quarter of 2010 showed the ... ...Thu 27th January 2011 - 04:01am
Nokia quarterly profits down- full-year up
The worlds top mobile phone maker Nokia said Thursday its fourth-quarter profits plunged 21 percent amid shrinking market share due to the companys struggle to fend off harsh competition in the ... ...Thu 27th January 2011 - 03:59am
Pepsi says Russia approves mega takeover
PepsiCo said Thursday that it had won full Russian approval for its acquisition of a local dairy and juices maker that will turn the US giant into the countrys biggest food and drinks firm.The worlds ... ...Thu 27th January 2011 - 03:23am
Sarkozy- Merkel and I will never let the euro fail
Frances President Nicolas Sarkozy dismissed speculation against the euro Thursday- declaring that he and Germanys Chancellor Angela Merkel would never allow the currency to fail.Whether ... ...Thu 27th January 2011 - 03:19am
Dalbys cattle yard gets back to business
After a month of record flooding- the beef industry on Queenslands Darling Downs is slowly returning to business as sales at the Dalby cattle yards resume for the first time since the floods.The fast-flowing ... ...Thu 27th January 2011 - 03:19am
Dalbys cattle yard gets back to business
After a month of record flooding- the beef industry on Queenslands Darling Downs is slowly returning to business as sales at the Dalby cattle yards resume for the first time since the floods.The fast-flowing ... ...Thu 27th January 2011 - 03:18am
Operators blasted over Queensland oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 03:14am
Operators blasted over Queensland oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 03:11am
Macarthur qtr sales down 20 on rain
Macarthur Coal Ltds sales in the December quarter declined 20 per cent due to wet weather- which also forced the company to keep in place delivery exemption clauses in contracts.Macarthur made total ... ...Thu 27th January 2011 - 03:01am
Operators blasted over Queensland oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 03:00am
Queensland oil spill findings released
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 02:55am
Alesco says floods will affect business
Construction- mining and home products provider Alesco Corporation Ltd says floods on Australias east coast have hurt trading- but expects demand for the companys goods to rise as reconstruction ... ...Thu 27th January 2011 - 02:41am
Leading index shows easing growth
A measure of future economic activity suggests growth in Australia will continue to contract over the next three to nine months.The Westpac Melbourne Institute Leading Index stood at 3.5 per cent in November- ... ...Thu 27th January 2011 - 02:36am
Perth rental prices second lowest
A new property survey has found rental prices in mining towns are the most expensive in the country and Darwin is the most expensive city. The RP Data Rental Review shows Canberra and Sydney are the second ... ...Thu 27th January 2011 - 02:34am
Authority releases findings into Pacific Adventurer oil spill
An investigation into one of Queenslands worst maritime accidents has criticised the operators of the Pacific Adventurer container ship that spilled thousands of litres of oil into Moreton Bay- off ... ...Thu 27th January 2011 - 02:33am
Downer EDI slump on trains cost blowout
Shares in engineering contractor Downer EDI slumped by almost a quarter of their value in the first few minutes of trade today after the company announced delays to its train project will cost it an extra ... ...Thu 27th January 2011 - 02:32am
Greens slam energy deal
The Tasmanian Greens have accused the State Government of betraying electricity users over a deal to source power from a Queensland provider rather than Aurora Energy.Since the start of the year- several ... ...Thu 27th January 2011 - 02:27am
Greens slam energy deal
The Tasmanian Greens have accused the State Government of betraying electricity users over a deal to source power from a Queensland energy provider rather than Aurora Energy.The Government has confirmed ... ...Thu 27th January 2011 - 02:17am
Perth rental prices second lowest
A new property survey has found rental prices in mining towns are the most expensive in the country and Darwin is the most expensive city. The RP Data Rental Review shows Canberra and Sydney are the second ... ...Thu 27th January 2011 - 02:08am
Dalbys cattle yard gets back to business
After a month of record flooding- the beef industry on Queenslands Darling Downs is slowly returning to business as sales at the Dalby cattle yards resume for the first time since the floods.The fast-flowing ... ...Thu 27th January 2011 - 01:47am
Paper imports under scrutiny as mill jobs go
Independent Senator Nick Xenophon is heading to Millicent in the south-east of South Australia to talk with some of those affected by job cuts at Kimberly-Clark.The company will axe 170 full-time and 35 ... ...Thu 27th January 2011 - 01:36am
Housing shortage to drive up rent in 2011
A lack of supply in the housing market is not only pushing property prices up- but rents too- and new research from RP Data says the situation will worsen over the next 12 months.RP Datas December ... ...Thu 27th January 2011 - 01:33am
Housing shortage to drive up rent in 2011
A lack of supply in the housing market is not only pushing property prices up- but rents too- and new research from RP Data says the situation will worsen over the next 12 months.RP Datas December ... ...Thu 27th January 2011 - 01:32am
Macarthur qtr sales down 20 on rain
Macarthur Coal Ltds sales in the December quarter declined 20 per cent due to wet weather- which also forced the company to keep in place delivery exemption clauses in contracts.Macarthur made total ... ...Thu 27th January 2011 - 01:23am
Pike River miners likely dead within minutes
An inquest into the deaths of 29 miners in New Zealands Pike River coal mine disaster has been told they probably died within minutes of the first explosion.Two Australians were among those killed ... ...Thu 27th January 2011 - 01:18am
Australia shares mixedminers strong- Downer plunges on charge
MARKETS-AUSTRALIA-STOCKS UPDATE 2-Australia shares mixedminers strong- Downer plunges on charge ...Thu 27th January 2011 - 01:09am
Darwin is priciest city to rent a house
Darwin is now the most expensive Australian city in which to rent a house- after rents grew by 4.2 per cent in capital cities in 2010.The RP Data Rental Review for the December quarter of 2010 showed the ... ...Thu 27th January 2011 - 12:58am
Macarthur qtr sales down 20 on rain
Macarthur Coal Ltds sales in the December quarter declined 20 per cent due to wet weather- which also forced the company to keep in place delivery exemption clauses in contracts.Macarthur made total ... ...Thu 27th January 2011 - 12:55am
Oakajee port delays
The Premier- Colin Barnett- has expressed frustration at delays with the Oakajee Port project. Mr Barnett has sent the projects proponents- Oakajee Port and Rail- a list of conditions the Government ... ...Thu 27th January 2011 - 12:43am
Oakajee port delays
The Premier- Colin Barnett- has expressed frustration at delays with the Oakajee Port project. Mr Barnett has sent the projects proponents- Oakajee Port and Rail- a list of conditions the Government ... ...Thu 27th January 2011 - 12:32am
Leighton Contractors to build 110m paper mill
The 110 million contract to build Amcors new paper recycling mill at Botany in Sydneys east has been awarded to Leighton Contractors.The new mill- which was given state approval in July 2007- ... ...Thu 27th January 2011 - 12:22am
Downer EDI slump on trains cost blowout
Shares in engineering contractor Downer EDI slumped by almost a quarter of their value in the first few minutes of trade today after the company announced delays to its train project will cost it an extra ... ...Thu 27th January 2011 - 12:00am
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