Tag: Business, Economics and Finance
ADF chief denies conflict of interest over frigate party
The head of the Defence Force has rejected suggestions there was conflict of interest when a Navy frigate was used to host a sponsorship party involving a company he had shares in.[MORE]
Qantas flights cancelled over fumes in cabin
Qantas says three flights between Melbourne and Sydney have been cancelled today after fumes were detected in the cabin of a flight this morning.[MORE]
Foreign ownership laws hinder land sale
The limitation on foreign ownership of Australian assets is creating a hurdle in the sale of one of the Kimberley's largest cattle properties.[MORE]
Reef Cove developers surprised by federal moratorium
The company in charge of a controversial tourism development in far north Queensland says it is surprised by the Federal Government's moratorium on the project.[MORE]
Qantas ads under scrutiny in the UK
Britain's advertising watchdog is investigating print and television advertisements by Qantas.[MORE]
Rudd says infastructure spending won't increase inflation
Prime Minister Kevin Rudd says the Federal Government's plan to spend future budget surpluses on major infrastructure projects will not push up inflation.[MORE]
Govt to fix offshore minimum wage loophole
The Federal Government says it will close a loophole that allowed a company to pay 16 overseas workers less than the minimum wage to work on a gas project off the Western Australian coast.[MORE]
Gillard defends strike increase
Federal Workplace Relations Minister Julia Gillard says the latest strike figures reflect a spike in the number of agreements up for re-negotiation.[MORE]
23 die in China coal mine explosion: state media
Twenty-three people have been killed in a gas explosion at a coal mine in north-east China, state media reported.[MORE]
Bartlett keen on car pooling
The Premier, David Bartlett, wants Tasmania's 25,000 public servants to car pool.[MORE]
PNG logging protest continues amid conflicting ownership reports
Greenpeace activists are still preventing an Asian export ship from loading logs bound for China at a remote port on Papua New Guinea's south coast.[MORE]
Miners drag domestic market down
Falls by the big miners have pushed the Australian share market lower today.[MORE]
Greens introduce junk food ad ban bill
The Greens have introduced a bill in the Senate to ban junk food advertisements on television during peak children viewing times. [MORE]
BHP's Rio takeover faces Japanese scrutiny
BHP Billiton's proposed takeover of mining rival Rio Tinto is facing more scrutiny by regulators, this time in Japan.[MORE]
Fielding under fire for car tax shutdown
The Greens accuse Family First Senator Steve Fielding of inexperience for killing off the luxury car tax bill before further debate.[MORE]
Ex-MP promises Sydney climate policy
The ALP's candidate for Sydney for this month's local government elections says councils have an important role to play in tackling climate change.[MORE]
Stokes still seeking two positions on WAN board
The Chairman of Western Australia's daily newspaper says a dispute over whether Channel 7 will have representation its board still has not been resolved.[MORE]
Resource stocks pull market down
The local sharemarket has been pulled down by a decline in resources and energy stocks after another fall in the price of oil.[MORE]
NAB appoints new risk management head
The National Australia Bank (NAB) has appointed a new head of risk management. [MORE]
Policy failure: counting the cost of switching banks
Australian consumers face substantial problems and costs if they want to switch a loan from one lender to another. Post a comment.[MORE]
WWF names and shames power firms
WWF accuses Australian power generators of doing next to nothing to prepare for a low-carbon future.[MORE]
Slow growth figures rattle skittish US investors
Trade was volatile on Wall Street overnight after signs of sluggish growth in the US rattled investors.[MORE]
Carbon scheme putting forests at logging risk: academics
Feature
Two Canberra academics are warning the inclusion of plantation forests in an emissions trading scheme could drive emissions up, not down.[MORE]
Luxury car tax headed for defeat in Senate
The Government's luxury car tax increase is likely to be voted down in the Senate today.[MORE]
IMF approves $750m loan to Georgia: MP
The International Monetary Fund has approved a $US750 million stand-by loan for Georgia following its brief war with Russia, Georgian Economic Development Minister Eka Sharashidze said.[MORE]