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Hot topics: business-economics-and-finance, australia, industry, qld, company-news, government-and-politics, mining, tas, economic-trends, states-and-territories

Chamber supports compulsory acquisition Photo

Posted September 4, 2010 11:45:00

The Chamber of Minerals and Energy says the State Government's compulsory acquisition of land in the Kimberley for a gas processing hub will bring opportunities to the local community.

Tags: business-economics-and-finance, mining, australia, wa, broome-6725

Taiwan-Sydney flight grounded over 'bomb threat'

Posted September 4, 2010 03:10:00

A China Airlines flight bound for Sydney has been grounded for safety checks following an alleged bomb threat, airport police say.

Tags: defence-and-national-security, terrorism, air-transport, australia, taiwan

US jobless rate edges up in August Photo

Posted September 3, 2010 23:31:00 | Updated September 4, 2010 00:39:00

US president Barack Obama has promised new stimulus measures after a weak August jobs report showed unemployment has increased slightly.

Tags: business-economics-and-finance, economic-trends, unemployment, international-financial-crisis, united-states

Govt red tape blamed for cheap housing group's demise Photo

Posted September 3, 2010 21:08:00

A developer is blaming a lack of support from the Tasmanian Government for the demise of the Government's affordable housing organisation.

Tags: building-and-construction, housing, homelessness, urban-development-and-planning, state-parliament, labor-party, greens, public-sector, programs-and-initiatives, tas, hobart-7000, launceston-7250

BP oil spill bill tops $8 billion Photo

Posted September 3, 2010 18:10:00 | Updated September 3, 2010 19:44:00

Oil giant BP says the Gulf of Mexico oil spill has cost the British company $8.79 billion so far.

Tags: business-economics-and-finance, oil-and-gas, disasters-and-accidents, water-pollution, environmental-impact, united-states

Airlines face multi-million payout to travel agents Photo

Posted September 3, 2010 17:37:00 | Updated September 3, 2010 18:07:00

Six international airlines including Qantas have lost a last-ditch legal bid over years of underpayments to travel agents and will soon be facing multi-million-dollar payouts.

Tags: business-economics-and-finance, company-news, industry, law-crime-and-justice, courts-and-trials, travel-and-tourism, air-transport, australia

Shares subdued, Aristocrat falls on Wilkie's pokie plan

Posted September 3, 2010 17:29:00

It was a cautious day's trade ahead of employment figures out in the US tonight, but the chance of increased poker machine regulation and various shareholder legal actions drove some stocks lower.

Tags: business-economics-and-finance, finance-markets, stockmarket, currency-markets, australia

Clem7 bosses collect $1m in bonuses Photo

Posted September 3, 2010 17:14:00 | Updated September 3, 2010 17:20:00

Five executives of the company that operates Brisbane's Clem7 tunnel have received bonuses totalling more than $1 million.

Tags: business-economics-and-finance, company-news, industry, road-transport, australia, qld, brisbane-4000

Environmentalists say too much heavy industry in area as approval given to plant Photo

Posted September 3, 2010 15:32:00 | Updated September 3, 2010 15:56:00

A South West environment group says it is disappointed the Federal Government's has given environmental approval for a urea plant to be based in Collie.

Tags: business-economics-and-finance, industry, chemicals-and-pharmaceuticals, wa, collie-6225

'Wind up' order sought on Great South Land Minerals

Posted September 3, 2010 15:31:00

Legal action has been launched against Tasmanian exploration company Great South Land Minerals over allegations it has failed to pay a contractor.

Tags: mining, oil-and-gas, courts-and-trials, tas, hobart-7000

Hogan free to leave Australia Video Photo

Posted September 3, 2010 15:28:00 | Updated September 3, 2010 19:59:00

Paul Hogan has reached an agreement with the Australian Tax Office that will allow the actor to return to the US.

Tags: arts-and-entertainment, feature-films, business-economics-and-finance, tax, people, actors, australia, united-states

Mount Lyell back online

Posted September 3, 2010 12:40:00

Work has resumed at the Mt Lyell copper mine on Tasmania's west coast after a rock-slide halted production at the weekend.

Tags: workplace-accidents, copper, tas, queenstown-7467

New car sales up sharply in SA

Posted September 3, 2010 12:17:00

New car sales are up more than 16 per cent in South Australia over the same time last year.

Tags: economic-trends, automotive, sa, adelaide-5000

World's biggest gasification plant approved

Posted September 3, 2010 11:54:00

The Federal Government has granted environmental approval for what will be the world's biggest coal gasification and storage facility, in Western Australia's South West.

Tags: business-economics-and-finance, industry, chemicals-and-pharmaceuticals, wa, collie-6225

ALP show-and-tell breaks school rules

Posted September 3, 2010 11:46:00

The ACT Education Department says Community Services Minister Joy Burch breached protocol when she handed out ALP showbags during a political forum at a Canberra high school.

Tags: education, states-and-territories, act, canberra-2600

Britain no basket case says trade envoy Audio Photo

Posted September 3, 2010 11:41:00

A British trade envoy says the UK is open for business, despite continuing concerns about the health of its economy.

Tags: business-economics-and-finance, economic-trends, banking, finance-markets, trade, international-financial-crisis, united-kingdom

Nufarm faces class action for profit downgrade Photo

Posted September 3, 2010 11:11:00 | Updated September 3, 2010 13:28:00

A legal firm says it has been approached by shareholders of the agricultural chemicals group Nufarm, after the company halved its profit forecast in July.

Tags: business-economics-and-finance, company-news, corporate-governance, courts-and-trials, fraud-and-corporate-crime, agribusiness, agricultural-chemicals, management, stockmarket, australia

Telstra announces SouFun float

Posted September 3, 2010 10:35:00 | Updated September 3, 2010 10:40:00

Telstra's Chinese online real estate subsidiary SouFun has filed for an initial public offering (IPO) with the United States Securities and Exchange Commission.

Tags: business-economics-and-finance, company-news, telecommunications, stockmarket, takeovers, australia, china, united-states

Windfall with high commodity prices Photo

Posted September 3, 2010 10:06:00 | Updated September 3, 2010 10:51:00

The Western Australian government is set to reap a windfall from continuing high commodity prices.

Tags: business-economics-and-finance, industry, mining, wa

Sluggish winter for services sector Photo

Posted September 3, 2010 09:33:00 | Updated September 3, 2010 10:55:00

Activity in Australia's services sector shrank for the fourth month in a row in August, with another slide in retail.

Tags: business-economics-and-finance, economic-trends, international-financial-crisis, money-and-monetary-policy, australia

Compulsory acquisition divides Broome Photo

Posted September 3, 2010 08:23:00 | Updated September 3, 2010 09:52:00

The Government's decision to compulsorily acquire land near Broome has polarised the town with Aboriginal and green groups calling it outrageous while the business community says it will be a boost.

Tags: business-economics-and-finance, industry, wa, broome-6725

Forestry breaks silence on industry future Video Photo

Posted September 3, 2010 08:21:00

Forestry Tasmania has done nothing to quell speculation it's considering becoming a woodchip exporter when Gunns stops logging native forests.

Tags: company-news, forestry, tas, burnie-7320, hobart-7000, launceston-7250

Councillor welcomes fast-tracking of housing development

Posted September 3, 2010 07:22:00

A Sunshine Coast councillor says a possible plan by the Queensland Government to fast-track two major housing developments in the region is a "win" for housing affordability.

Tags: business-economics-and-finance, industry, housing, government-and-politics, local-government, parliament, state-parliament, australia, qld, caloundra-4551, maroochydore-4558

US stocks rise on home sales, jobless data Photo

Posted September 3, 2010 07:08:00

Wall Street extended yesterday's strong gains overnight, with some encouraging home sales figures and a fall in jobless claims boosting sentiment.

Tags: business-economics-and-finance, finance-markets, stockmarket, futures-markets, currency-markets, australia, china, united-kingdom, united-states

Authorities say no sign of oil after Gulf rig explodes Photo

Posted September 3, 2010 04:05:00 | Updated September 3, 2010 11:21:00

The US Coast Guard says there is no sign of an oil slick after another oil platform explosion in the Gulf of Mexico.

Tags: industry, oil-and-gas, disasters-and-accidents, accidents, environment, oceans-and-reefs, united-states