Finance News, Wednesday 5th October 2011
Apple founder Steve Jobs dies
Apples former CEO and co-founder Steve Jobs has died- the company has announced.Jobs- 56- who underwent an operation for pancreatic cancer in 2004 and a liver transplant in 2009- had remained with ... ...Wed 5th October 2011 - 11:58pm
Stocks open higher- led by miners- banks
The Australian share market has continued its rally- led by miners and banks on renewed investor optimism a plan to help ease the eurozone debt crisis is imminent.At 1018 AEST the benchmark S-ampP-ASX200 ... ...Wed 5th October 2011 - 11:56pm
Apple co-founder Steve Jobs dead
Silicon Valley pioneer and has died after a seven-year battle with pancreatic cancer.The 56-year-old was diagnosed with a cancerous tumour in his pancreas in 2004 and has been on medical leave for an undisclosed ... ...Wed 5th October 2011 - 11:54pm
Drinking laws relaxed for sailing competition
The state government has relaxed drinking laws in Fremantle for the Sailing World Championships.During the event- on from late November to late December- licensed restaurants authorised to serve liquor ... ...Wed 5th October 2011 - 11:50pm
Australia shares rise 1.9 pct after Wall St rally
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares rise 1.9 pct after Wall St rally ...Wed 5th October 2011 - 11:44pm
Apple founder Steve Jobs dies
Apples former CEO and co-founder Steve Jobs has died- the company has announced.Jobs- 56- who underwent an operation for pancreatic cancer in 2004 and a liver transplant in 2009- had remained with ... ...Wed 5th October 2011 - 11:42pm
Yahoo- stock soars on new Microsoft talk
Yahoo- shares have surged more than 10 per cent driven by rumours Microsoft would lodge a new bid for the web giant more than three years after being spurned.Neither side was commenting on the speculation- ... ...Wed 5th October 2011 - 11:36pm
Global stocks rise on Europe hopes
Global share markets have jumped on hopes that Europes banks will be bailed out by governments and on higher commodity prices.German Chancellor Angela Merkel says the European bailout fund may be ... ...Wed 5th October 2011 - 11:35pm
Aust shares open up around 1.5
The Australian share market has opened around 1.5 per cent higher- following an overnight surge on Wall Street.At 1014 AEDT on Thursday- the benchmark S-ampP-ASX200 index was up 59.5 points- or 1.52 per cent- ... ...Wed 5th October 2011 - 11:19pm
Passengers rescued from grounded ferry
Police say 85 people are being evacuated from a ferry that ran aground on a sand bar in Redland Bay off Brisbane.Inspector Peter Harding says the passenger ferry ran aground near Garden Island at about ... ...Wed 5th October 2011 - 11:15pm
Concern over drilling at Horizontal Falls
Exploration drilling is underway at one of the states top tourism drawcards- sparking concerns a copper mine may be developed at the heritage listed site in the Kimberley.Pegasus Metals has started ... ...Wed 5th October 2011 - 11:12pm
Passengers rescued from grounded ferry
Police say 85 people are being evacuated from a ferry that ran aground on a sand bar in Redland Bay- off Brisbane.Inspector Peter Harding says the passenger ferry ran aground off Garden Island at about ... ...Wed 5th October 2011 - 11:07pm
BlueScope steelworkers agree to redundancy deal
Workers at BlueScopes Port Kembla steelworks have voted to accept a redundancy offer from the company.About 600 workers met at Wollongong Entertainment Centre this morning.It was a smaller turnout ... ...Wed 5th October 2011 - 11:02pm
Passengers rescued from grounded ferry
Police say 85 people are being evacuated from a ferry that ran aground on a sand bar in Redland Bay- off Brisbane.Inspector Peter Harding says the passenger ferry ran aground off Garden Island at about ... ...Wed 5th October 2011 - 10:55pm
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 10:34pm
Stockland legal challenge dropped
Stockland Property Group has welcomed the dropping of legal action against its Caloundra South urban development project on Queenslands Sunshine Coast.Sunshine Coast Regional Council has discontinued ... ...Wed 5th October 2011 - 10:34pm
Bonds weaken on IMF intervention rumours
The Australian bond market is weaker on Thursday amid signs the International Monetary Fund IMF could act to stop the spread of the Eurozone debt crisis.At 0830 AEDT on Thursday- the December 10-year ... ...Wed 5th October 2011 - 10:30pm
Insurers to appear at flood inquiry
The head of insurance giant CGU is today expected to dispute evidence given at the inquiry into Queenslands flood disasters.The Commission is investigating how insurers dealt with claims and has heard ... ...Wed 5th October 2011 - 10:04pm
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 10:03pm
US stocks rise on hopes of EU bank plan
US stocks surged for a second day on Wednesday on signs that Europe was preparing a plan to contain the Greek crisis and protect the regions banks from the effects of a Greek debt default.The Dow ... ...Wed 5th October 2011 - 10:00pm
Yahoo shares jump on talk of new Microsoft
Yahoo shares surged Wednesday driven by speculation that Microsoft would lodge a new bid for the web giant- more than three years after being rejected.Neither side was commenting on the speculation- which ... ...Wed 5th October 2011 - 09:59pm
Traditional owners to manage Flinders Ranges park
An agreement has been reached to give Flinders Ranges traditional owners a greater role in running the national park in outback South Australia.The Adyamathdanha people will have a greater management role- ... ...Wed 5th October 2011 - 09:39pm
Australia shares seen higher on stronger commodity prices- U.S. data
MARKETS-AUSTRALIA-STOCKS-Australia shares seen higher on stronger commodity prices- U.S. data ...Wed 5th October 2011 - 09:36pm
Traditional owners to manage Flinders Ranges park
An agreement has been reached to give Flinders Ranges traditional owners a greater role in running the national park in outback South Australia.The Adyamathdanha people will have a greater management role- ... ...Wed 5th October 2011 - 09:34pm
Fire damages commercial laundry
A commercial laundry has been badly damaged by fire in Echuca in Victorias north.The blaze broke out in Despatch Street about 7-00pm AEST last night.The damage bill is estimated to be close to 400-000.The ... ...Wed 5th October 2011 - 09:28pm
Aussie- NZ dlrs bounce on EU bank support hopes
MARKETS-AUSTRALIA-FOREX-Aussie- NZ dlrs bounce on EU bank support hopes ...Wed 5th October 2011 - 09:25pm
Stocks to watch on Thursday
Stocks to watch on the Australian stock exchange on Thursday-AAI - ALCOA INC - untraded at 10.50EPW - ERM POWER LTD - untraded at 1.355Gas-fired power supplier ERM Power has entered into a joint-venture ... ...Wed 5th October 2011 - 09:19pm
A rallies on Eurozone optimism
The Australian dollar is more than one US cent higher as hopes grow that European countries will support their banks to prevent the eurozone debt crisis spreading.At 0700 AEDT on Thursday- the Australian ... ...Wed 5th October 2011 - 08:33pm
Unions set agenda for jobs forum
Unions are calling for new measures to get resource companies to use more locally made goods as they ramp up their rhetoric ahead of todays jobs forum in Canberra.Their wish list also includes a rethink ... ...Wed 5th October 2011 - 08:31pm
Stocks to watch on Thursday
Stocks to watch on the Australian stock exchange on Thursday-AAI - ALCOA INC - untraded at 10.50EPW - ERM POWER LTD - untraded at 1.355Gas-fired power supplier ERM Power has entered into a joint-venture ... ...Wed 5th October 2011 - 07:52pm
A over one US cent higher
The Australian dollar is more than one US cent higher as hopes grow that European countries will support their banks to prevent the eurozone debt crisis spreading.At 0630 AEDT on Thursday morning- the ... ...Wed 5th October 2011 - 07:45pm
Unions try to set agenda for jobs forum
Unions are calling for new measures to get resource companies to use more locally made goods as they ramp up their rhetoric ahead of todays jobs forum in Canberra.Their wish list also includes a rethink ... ...Wed 5th October 2011 - 07:06pm
European stocks close sharply higher
European stock markets have closed sharply higher- bouncing back from sustained heavy losses on hopes European countries will support their banks to prevent the eurozone debt crisis from spreading.Londons ... ...Wed 5th October 2011 - 03:54pm
Apple announces death of Steve Jobs
Apple on Wednesday announced the death of its visionary co-founder Steve Jobs from cancer at 56.We are deeply saddened to announce that Steve Jobs passed away today- the companys board ... ...Wed 5th October 2011 - 01:55pm
Apple announces death of Steve Jobs
Apple on Wednesday announced the death of its visionary co-founder Steve Jobs.We are deeply saddened to announce that Steve Jobs passed away today- the companys board of directors said ... ...Wed 5th October 2011 - 01:47pm
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.On Wednesday- Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 01:47pm
Thousands rally against Greek austerity
Greek police have tear-gassed protesters in central Athens as public sector staff and students went on strike over austerity cuts- shutting down courts- schools and transport including flights.On Athens ... ...Wed 5th October 2011 - 12:57pm
Yahoo- stock soars on new buzz of Microsoft deal
Yahoo- shares surged more than 10 percent Wednesday driven by speculation that Microsoft would lodge a new bid for the web giant more than three years after being spurned.Neither side was commenting on ... ...Wed 5th October 2011 - 12:41pm
US state blames immigration law for farm losses
Leaders of Georgias vital farming industry blamed Wednesday a draconian new immigration law for labor shortages estimated to have cost the southern US state at least 75 million.A study by the University ... ...Wed 5th October 2011 - 12:21pm
US stocks rise on hopes of EU bank plan
US stocks surged for a second day on Wednesday on signs that Europe was preparing a plan to contain the Greek crisis and protect the regions banks from the effects of a Greek debt default.The Dow ... ...Wed 5th October 2011 - 11:18am
Yahoo shares jump on talk of new Microsoft bid
Yahoo shares surged Wednesday driven by speculation that Microsoft would lodge a new bid for the web giant- more than three years after being rejected.Neither side was commenting on the speculation- which ... ...Wed 5th October 2011 - 10:19am
US stocks rise on hopes of EU bank plan
US stocks surged for a second day on Wednesday on signs that Europe was preparing a plan to contain the Greek crisis and protect the regions banks from the effects of a Greek debt default.The Dow ... ...Wed 5th October 2011 - 10:18am
Tear gas- arrests as thousands rally against Greek austerity
Greek police tear-gassed protestors in central Athens on Wednesday as public sector staff and students went on strike over austerity cuts- shutting down courts- schools and the transport system.On Athens ... ...Wed 5th October 2011 - 09:44am
DBoerse-NYSE defend merger as EU sends concerns
Deutsche Boerse and NYSE Euronext defended their proposed merger Wednesday- as they received the EU Competition Commissions letter of concerns about the deal.The Frankfurt and New York exchange operators ... ...Wed 5th October 2011 - 09:43am
Commuters faced delays on the Joondalup train line
Transperth says a communications problem severely affected services along the Joondalup train line this afternoon.A section of track between Leederville and Warwick was affected and trains were forced ... ...Wed 5th October 2011 - 09:08am
Cable television shows head for Xbox Live
Microsoft on Wednesday announced it will begin streaming a rich array of television shows on its Xbox Live videogame console online entertainment network in more than 20 countries by years end.The ... ...Wed 5th October 2011 - 09:03am
Unions try to set agenda for jobs forum
Unions are calling for new measures to get resource companies to use more locally made goods as they ramp up their rhetoric ahead of Thursdays jobs forum in Canberra.Their wish list also includes ... ...Wed 5th October 2011 - 08:50am
White House expresses concerns on China bill
The White House Wednesday expressed concerns about legislation meant to punish China for alleged currency manipulation- after complaints in Beijing that it amounted to scapegoating.White House ... ...Wed 5th October 2011 - 08:45am
Commuters face delays on the Joondalup train line
Transperth says a communications problem is severely affecting services along the Joondalup train line.A section of track between Leederville and Warwick is affected and trains are being forced to move ... ...Wed 5th October 2011 - 08:41am
France denies Dexia bailout will hurt state credit rating
French officials scrambled Wednesday to defend plans to save struggling Franco-Belgian bank Dexia- insisting it is an isolated event that poses no threat to Frances own top credit rating.Dexia- which ... ...Wed 5th October 2011 - 08:34am
Renault-Nissan unscathed by yens fall- Ghosn
Turbulence in the global economy - including eurozone woes and a steep rise in the value of the yen - has largely spared the car industry- Renault-Nissan chief Carlos Ghosn told AFP Wednesday. For ... ...Wed 5th October 2011 - 08:26am
Ken Henry joins NAB board
Former treasury secretary Ken Henry has been appointed to the National Australia Bank board.Dr Henry will be a non-executive director of the bank- effective November 1.NAB chairman Michael Chaney said ... ...Wed 5th October 2011 - 08:23am
White House expresses concerns on China bill
The White House Wednesday expressed concerns about legislation meant to punish China for alleged currency manipulation- after complaints in Beijing that it amounted to scapegoating.White House ... ...Wed 5th October 2011 - 08:19am
A rises on good retail sales figures
The Australian dollar was firmer after official data showed consumers had spent more money for the second straight month.The local unit opened the day at around 94 US cents and rallied sharply by about ... ...Wed 5th October 2011 - 07:53am
A rises on good retail sales figures
The Australian dollar was firmer after official data showed consumers had spent more money for the second straight month.The local unit opened the day at around 94 US cents and rallied sharply by about ... ...Wed 5th October 2011 - 07:44am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 07:40am
Share market eases gains after early jump
The Australian share market has eased back from a jump of nearly 2 per cent in early trade- which followed a late bounce on Wall Street overnight.Meanwhile- official data found retail sales rose slightly ... ...Wed 5th October 2011 - 07:36am
British economy grinds to virtual halt
Britains economy slowed to a trickle in the second quarter and the countrys last recession was much deeper than thought- official data showed on Wednesday- piling pressure on the government. ... ...Wed 5th October 2011 - 07:35am
Tour operators feel heat as Kakadu drawcards close
Tourism operators are angry they were not consulted before several major tourism attractions at Kakadu National Park in the Northern Territory were shut due to heat.Parks Australia is closing Jim Jim Falls ... ...Wed 5th October 2011 - 07:17am
Darwin Harbour sewage outfall closure runs late
Power and Water has acknowledged the closure of the Larrakeyah sewage outfall in Darwin is running six weeks late.The facility- known locally as the poo-shooter- pumps about a billion litres ... ...Wed 5th October 2011 - 07:17am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 07:16am
Aussie meat exporters expect Asian growth
Australian meat exporters are hoping Asias dynamic economies will deliver boom times- with the industry forecasting gains of up to 20 per cent in markets such as Thailand once the ASEAN Economic Community ... ...Wed 5th October 2011 - 07:12am
Qantas says A320neo to open new routes
Qantas Airways says the latest version of Airbuss narrowbody workhorse will open up new routes and expand the airlines international network.As part of the airlines ambitions in Asia- Qantas ... ...Wed 5th October 2011 - 07:11am
Six people safe after boat breaks down at sea
Northern Territory Police say six people on board a boat which broke down near Quail Island yesterday are now back on dry land.The boats engine failed about 26 nautical miles north of Port Darwin.A ... ...Wed 5th October 2011 - 07:09am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 06:56am
Thousands demonstrate in Greece against austerity
Greek police tear-gassed protestors in central Athens on Wednesday as public sector staff and students went on strike over austerity cuts- shutting down courts- schools and transport including flights.On ... ...Wed 5th October 2011 - 06:55am
Qantas says A320neo to open new routes
Qantas Airways says the latest version of Airbuss narrowbody workhorse will open up new routes and expand the airlines international network.As part of the airlines ambitions in Asia- Qantas ... ...Wed 5th October 2011 - 06:54am
Government to match Africa aid donations
The Federal Government has promised to match every dollar Australians donate to aid efforts in the drought-stricken Horn of Africa.The United Nations estimates without an increase in humanitarian aid 750-000 ... ...Wed 5th October 2011 - 06:50am
IMF warns of eurozone recession- but moves to ease Greek fears
The IMF warned Europe Wednesday it risks recession next year- but told Greece it will likely get eight billion euros in promised loans that have been blocked for the last month.With problems piling up ... ...Wed 5th October 2011 - 06:48am
Aust bonds weaker- eyes turn to Europe
The Australian bond market has closed weaker after losing gains made after better than expected local retail sales figures earlier in the day.ICAP senior economist Adam Carr said Australian bonds rose ... ...Wed 5th October 2011 - 06:47am
Austs first Islamic share fund to launch
A Muslim wealth manager has begun the process of opening Australia to Islamic investment with the launch of the first Shariah compliant equity fund in Australia.The goal of Crescent Wealth- Australias ... ...Wed 5th October 2011 - 06:37am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 06:17am
European stocks close sharply higher
European stock markets closed sharply higher on Wednesday- bouncing back from sustained heavy losses on hopes European nations will support their banks to prevent the eurozone debt crisis from spreading.Londons ... ...Wed 5th October 2011 - 06:12am
Australian stocks stage late rally
The Australian share market staged a late rally to close firmly in the black after a similar surge on Wall Street and higher commodities prices overnight boosted resources and financial stocks.The benchmark ... ...Wed 5th October 2011 - 06:12am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 06:11am
Australia shares bounce Woodside up 4 pct
MARKETS-AUSTRALIA-STOCKS UPDATE 2-Australia shares bounce Woodside up 4 pct ...Wed 5th October 2011 - 06:08am
New Hope invites suitors to place bids
Cashed-up thermal coal miner New Hope Corporation has invited formal takeover bids after receiving several preliminary offers- with one analyst tipping Xstrata as a potential suitor.New Hope on Wednesday ... ...Wed 5th October 2011 - 05:55am
Merkel tells Europe to prop up its banks
Germany urged Europe Wednesday to recapitalise its banks where necessary to prevent the eurozone debt crisis from spreading as the IMF warned the EU to get its act together and head off recession.As Greek ... ...Wed 5th October 2011 - 05:49am
Austs first Islamic share fund to launch
A Muslim wealth manager has begun the process of opening Australia to Islamic investment with the launch of the first Shariah compliant equity fund in Australia.The goal of Crescent Wealth- Australias ... ...Wed 5th October 2011 - 05:46am
Australian stocks stage late rally
The Australian share market staged a late rally to close firmly in the black after a similar surge on Wall Street and higher commodities prices overnight boosted resources and financial stocks.The benchmark ... ...Wed 5th October 2011 - 05:46am
Tour operators feel heat as Kakadu drawcards close
Tourism operators are angry they were not consulted before several major tourism attractions at Kakadu National Park in the Northern Territory were shut due to heat.Parks Australia is closing Jim Jim Falls ... ...Wed 5th October 2011 - 05:44am
20-000 demonstrate in Greece against austerity
More than 20-000 public sector workers demonstrated in Athens Wednesday in a strike against deeper austerity cuts that shut down courts- schools and transport- including air traffic.Police used tear gas ... ...Wed 5th October 2011 - 05:35am
Stocks to watch at close on Wednesday
Stocks to watch on the Australian stock exchange at close on Wednesday-AAI - ALCOA INC - untraded at 10.50EPW - ERM POWER LTD - untraded at 1.355Gas-fired power supplier ERM Power has entered into a ... ...Wed 5th October 2011 - 05:26am
IMF warns EU against excessive budget cuts
The IMF urged Europe to speedily resolve its debt crisis Wednesday as German Chancellor Angela Merkel flew in to Brussels amid efforts to address fears of a banking collapse.Worries over a replay of the ... ...Wed 5th October 2011 - 05:25am
NZ shares rise on euro hopes
New Zealand shares rose on Wednesday- after a late rally on Wall Street- as investors reacted to snippets of news about moves to protect Europes banks from the sovereign debt crisis.The NZX 50 Index ... ...Wed 5th October 2011 - 05:25am
Apple unveils iPhone 4S- stock price drops
Apple shares dropped more than four per cent on Wall Street on Tuesday as the California gadget-maker unveiled an updated version of the iPhone but not a new model many had been expecting.Apples new ... ...Wed 5th October 2011 - 05:25am
Retail spending rises for second month
Australian retailers have received some much needed good news after official data showed consumers had spent more money for the second straight month.Retail spending rose 0.6 per cent in August and followed ... ...Wed 5th October 2011 - 05:23am
Australia shares up as Rio- BHP- Woodside gain
MARKETS-AUSTRALIA-STOCKS UPDATE 2-Australia shares up as Rio- BHP- Woodside gain ...Wed 5th October 2011 - 05:19am
Aust shares post best gains in a week
The Australian share market has posted its best session in a week- led by gains in the resources and financial sectors.At the close on Wednesday- the benchmark S-ampP-ASX200 index was up 54.3 points- or 1.4 ... ...Wed 5th October 2011 - 05:17am
Tour operators feel heat as Kakadu drawcards close
Tourism operators are angry they were not consulted before several major tourism attractions at Kakadu National Park in the Northern Territory were shut due to heat.Parks Australia is closing Jim Jim Falls ... ...Wed 5th October 2011 - 05:13am
NZ dollar rally slows in afternoon
The New Zealand dollar slowed its rally in local afternoon trading after rising in the morning on a report that European officials were looking for a concerted approach to debt problems.The kiwi was at ... ...Wed 5th October 2011 - 05:00am
Union questions Qantass motives over letter threat
A union chief says he would not put it past Qantas to fabricate a threatening letter addressed to the airlines chief executive- Alan Joyce.This morning Mr Joyce said he had received a letter threatening ... ...Wed 5th October 2011 - 04:55am
Aussie- NZ dlrs consolidate post-rally long for EU action
MARKETS-AUSTRALIA-FOREX-Aussie- NZ dlrs consolidate post-rally long for EU action ...Wed 5th October 2011 - 04:48am
CCA expects to get some Fosters assets
Soft drink maker Coca-Cola Amatil CCA has a high expectation of acquiring the spirits- ready-to-drink mixed spirits and non-alcoholic brands of brewer Fosters Group.In September- the Fosters ... ...Wed 5th October 2011 - 04:35am
Dollar dive tipped to bolster tourism
Queensland economists say the falling Australian dollar is likely to boost tourism and education but could be costly for miners.Yesterday- the local currency fell below 95 US cents for the first time in ... ...Wed 5th October 2011 - 04:32am
Banks rate cuts wont last- analysts say
The big four banks have tough decisions to make if they want to grow or even just maintain their share of the mortgage market in a subdued property environment- analysts say.An annual study of Australias ... ...Wed 5th October 2011 - 04:32am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 04:27am
Minister urges quad bikes safety review
South Australian Consumer Affairs Minister Gail Gago has written to the Federal Government asking it to review safety standards for quad bikes.A 78-year-old man drowned in the Murray near Waikerie this ... ...Wed 5th October 2011 - 04:21am
Xstrata could be New Hope suitor- analyst
Xstrata could be a suitor for cashed-up thermal coal miner New Hope Corporation- which has invited formal takeover bids after receiving several preliminary offers- an analyst says.New Hope on Wednesday ... ...Wed 5th October 2011 - 04:20am
CCA expects to get some Fosters assets
Soft drink maker Coca-Cola Amatil CCA has a high expectation of acquiring the spirits- ready-to-drink mixed spirits and non-alcoholic brands of brewer Fosters Group.In September- the Fosters ... ...Wed 5th October 2011 - 04:13am
Researchers say emissions affect baby weight
Researchers in Western Australia suspect traffic emissions are responsible for lower than average birth weights among babies born in some Perth suburbs.The study- based on the records of 3-000 mothers- ... ...Wed 5th October 2011 - 03:57am
Calls for better cystic fibrosis funding
The Victorian Government is facing calls for an urgent review of the way it funds treatment for cystic fibrosis.The genetic condition affects around 700 Victorians- with most facing a dramatically shortened ... ...Wed 5th October 2011 - 03:54am
Premier booed by anti-gas protesters in Broome
The WA Premier Colin Barnett has been booed and heckled by a group of anti-gas protesters in Broome.This morning- Mr Barnett flew into Broome and a storm of controversy over the proposed James Price Point ... ...Wed 5th October 2011 - 03:43am
Wesfarmers appoints new Target MD
Wesfarmers has appointed Dene Rogers- who has been a senior executive at North American retail giant Sears- as managing director of its discount department store chain Target.Mr Rogers- who will take the ... ...Wed 5th October 2011 - 03:32am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 03:20am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 03:09am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 03:06am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 02:38am
Tiger flight attendants still waiting for money
Former Tiger Airways flight attendants in Adelaide are threatening legal action because their redundancy payments have not been made.Ten employees who lost their jobs when the airline closed its Adelaide ... ...Wed 5th October 2011 - 02:28am
Acceptable lead levels altered at Geraldton
The State Government has altered the threshold of acceptable lead levels at the Geraldton Port- paving the way for exports to resume there.Shipments by the Minerals and Metals group were banned in December ... ...Wed 5th October 2011 - 02:27am
Dollar dive tipped to bolster tourism
Queensland economists say the falling Australian dollar is likely to boost tourism and education but could be costly for miners.Yesterday- the local currency fell below 95 US cents for the first time in ... ...Wed 5th October 2011 - 02:26am
Local shares up on Wall Streets lead
Australian shares opened 1.8 per cent higher this morning after American markets staged a dramatic rebound.Wall Street surged 4 per cent in the final hour of trading this morning to close up 1.5 per cent- ... ...Wed 5th October 2011 - 02:22am
Miners deny gas impact from open cut blasts
The Queensland Government says fumes from blasting at the states open-cut coal mines have extended beyond exclusion zones more than 30 times this year.However- it says residents living near the mines ... ...Wed 5th October 2011 - 02:14am
A loses its gains as pessimism reigns
The Australian dollar has slipped back from its early morning charge made on the back of some good news on the Eurozone debt crisis.The local unit surged two US cents higher early on Wednesday morning ... ...Wed 5th October 2011 - 02:06am
Retail trade figures rise again
A second monthly rise in retail sales figures shows that Australian consumers are resilient despite global economic worries- economists say.Retail spending rose 0.6 per cent in August and followed a 0.6 ... ...Wed 5th October 2011 - 02:05am
Researchers say emissions affect baby weight
Researchers in Western Australia suspect traffic emissions are responsible for lower than average birth weights among babies born in some Perth suburbs.The study- based on the records of 3-000 mothers- ... ...Wed 5th October 2011 - 02:01am
Aussie- NZ dlrs ease long for European action
MARKETS-AUSTRALIA-FOREX-Aussie- NZ dlrs ease long for European action ...Wed 5th October 2011 - 01:57am
Australia shares off highs as banks unwind gains
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares off highs as banks unwind gains ...Wed 5th October 2011 - 01:55am
Bush teachers share their challenges and rewards
More than 100 teachers who work in remote Aboriginal communities around Australia have completed a two-day conference in Alice Springs.Those attending included about 70 from the Northern Territory.It was ... ...Wed 5th October 2011 - 01:47am
New bus operator leaves commuters stranded
Problems for new contractor- Light-City Buses- have left many Adelaide commuters stranded.Intending travellers complained of buses running between 30 minutes and one hour late on Tuesday- and some said ... ...Wed 5th October 2011 - 01:43am
Market opens higher
The Australian market has eased back from a jump of nearly two per cent in morning trade following the leads of a late recovery on Wall Street overnight.At noon AEDT- the benchmark S-ampP-ASX200 index was ... ...Wed 5th October 2011 - 01:43am
Acceptable lead levels altered at Geraldton
The State Government has altered the threshold of acceptable lead levels at the Geraldton Port- paving the way for exports to resume there.Shipments by the Minerals and Metals group were banned in December ... ...Wed 5th October 2011 - 01:34am
Offer increased for Charter Hall Office
A Macquarie Group-led consortium has increased its offer for office building owner Charter Hall Office Real Estate Investment Trust REIT.Macquarie Capital is leading a group of global institutional investors ... ...Wed 5th October 2011 - 01:33am
Retail trade figures rise again
A second monthly rise in retail sales figures shows that Australian consumers are resilient despite global economic worries- economists say.Retail spending rose 0.6 per cent in August and followed a 0.6 ... ...Wed 5th October 2011 - 01:32am
AACo board reshuffled
Two founding board members of the Australian Agricultural Company Ltd AACo will step down next year as the beef producer renews its executive team.AACo has also made three immediate appointments of new ... ...Wed 5th October 2011 - 01:27am
ERM signs gas supply deal with Alcoa
Energy company ERM Power has secured a deal to sell gas from its Gingin reserves to aluminium giant- Alcoa.Under the agreement- ERM will provide Alcoa with 15-000-terajoules of gas from its Gingin and ... ...Wed 5th October 2011 - 01:26am
Abbott rejects backbenchers GST call
Opposition Leader Tony Abbott has rejected calls from one of his backbenchers for talks on expanding the scope of the goods and services tax GST.Some economists argue that raising the GST above 10 per ... ...Wed 5th October 2011 - 01:24am
Stocks to watch at noon on Wednesday
Stocks to watch on the Australian stock exchange at noon on Wednesday-AAI - ALCOAO INC - untraded at 10.50EPW - ERM POWER LTD - untraded at 1.355Gas-fired power supplier ERM Power Ltd has entered into ... ...Wed 5th October 2011 - 01:11am
Reserve Bank leaves interest rates on hold
The Reserve Bank has kept rates on hold for the 11th straight month after its board met today.In a widely predicted decision- the RBA kept the official cash rate steady at 4.75 per cent- where it has sat ... ...Wed 5th October 2011 - 01:09am
Retail trade figures rise again
A second monthly rise in retail sales figures shows that Australian consumers are resilient despite global economic worries- economists say.Retail spending rose 0.6 per cent in August and followed a 0.6 ... ...Wed 5th October 2011 - 01:03am
New Hope invites takeover proposals
Shares in New Hope Corporation jumped almost 16 per cent after the coal miner called for formal takeover proposals after receiving several preliminary offers.The company said on Wednesday it had received ... ...Wed 5th October 2011 - 12:57am
A rise after good retail sales data
The Australian dollar rose by a 0.25 of a US cent after the release of stronger than expected retail trade data.Figures released by the Australian Bureau of Statistics at 1130 AEDT on Wednesday showed ... ...Wed 5th October 2011 - 12:39am
Local shares up on Wall Streets lead
Australian shares opened 1.8 per cent higher this morning after American markets staged a dramatic rebound.Wall Street surged 4 per cent in the final hour of trading this morning to close up 1.5 per cent- ... ...Wed 5th October 2011 - 12:38am
Retail trade up 0.6 in Aug
Retail spending rose 0.6 per cent in August- according to official figures.Retail trade rose in the month to a seasonally adjusted 20.813 billion- compared to an upwardly revised 20.679 billion in July- ... ...Wed 5th October 2011 - 12:32am
Local shares up on Wall Streets lead
ustralian shares opened 1.8 per cent higher this morning after American markets staged a dramatic rebound.Wall Street surged 4 per cent in the final hour of trading this morning to close up 1.5 per cent- ... ...Wed 5th October 2011 - 12:23am
New bus operator leaves commuters stranded
Problems for new contractor- Light-City Buses- have left many Adelaide commuters stranded.Intending travellers complained of buses running between 30 minutes and one hour late on Tuesday- and some said ... ...Wed 5th October 2011 - 12:16am
Local shares up on Wall Streets lead
Australian shares opened 1.8 per cent higher this morning after American markets staged a dramatic rebound.Wall Street surged 4 per cent in the final hour of trading this morning to close up 1.5 per cent ... ...Wed 5th October 2011 - 12:15am
Banks urged to report fraud
International experts will today debate whether banks should be forced to report suspected cases of fraud.The head of the Queensland Fraud Squad says many companies are more concerned about their reputation ... ...Wed 5th October 2011 - 12:06am
Port denies dredging is making fish sick
The Gladstone Ports Corporation says there is no need to stop dredging in the central Queensland harbour.Environmental groups have been calling for a halt to dredging until the cause of diseased fish can ... ...Wed 5th October 2011 - 12:02am
Local shares surge on EU bank rescue report
Australian shares opened 1.8 per cent higher this morning after American markets staged a dramatic rebound on news EU officials are examining ways to help vulnerable banks.Wall Street surged 4 per cent ... ...Wed 5th October 2011 - 12:01am
Last 7 days news:
- Todays News (32)
- 17th June 2013 (79)
- 16th June 2013 (29)
- 15th June 2013 (21)
- 14th June 2013 (60)
- 13th June 2013 (84)
- 12th June 2013 (95)