Tag: Business, Economics and Finance
Ranger reassessing procedures after radiation scare
An independent radiation safety expert from Queensland, who was called in to speak to Ranger uranium mine employees this week about exposure levels, says management is reassessing its procedures. [MORE]
Clean-up underway as Ipswich flood waters recede
Floodwaters are finally receding around parts of the Ipswich region, west of Brisbane, which were inundated on Thursday morning.[MORE]
Airport plan lacked detail: Albanese
Federal Transport Minister Anthony Albanese says the Canberra Airport draft master plan did not provide enough detail to warrant approval.[MORE]
Perth property market continues to fall
Perth property prices have fallen for the third consecutive quarter.[MORE]
Rudd says world economy trapped in 'vicious cycle'
Kevin Rudd tells APEC leaders that world economy will be locked in downward spiral unless governments take urgent action.[MORE]
Wall St up 6.5pc on Obama Treasury pick
The Dow Jones index has ended the week with a strong rally, in part because of rumours about US President-elect Barack Obama's new cabinet. [MORE]
Citigroup shares dive on merger reports
Shares in banking giant Citigroup have fallen for the fifth straight day in US trade overnight.[MORE]
Protesting won't help, Govt tells teachers
The SA Govt has warned teachers that today's after school rally will not benefit their argument for better pay and a new school funding model.[MORE]
Power and Water safety training improved, court hears
The Darwin Magistrates Court has heard the Power and Water Corporation has improved its work safety training for employees, since a man was electrocuted via a palm tree on powerlines.[MORE]
Mackay airport sells for $200m
The Mackay airport has been sold for over $200 million, with the money to go towards the rebuilding of the Mackay Base Hospital.[MORE]
Ambulance phone operators begin strikes
Ambulance phone operators have begun refusing to process transfer calls for patients being discharged from New South Wales hospitals.[MORE]
Local market rebounds before close
The Australian share market has staged a late recovery to finish the week higher, after dropping to a five-year low today.[MORE]
Insurers weather storms with higher premiums
Feature
As Qld's storm victims call their insurers for help, the sector has revealed it was well prepared to deal with the disaster.[MORE]
Telstra's abuse of ACCC 'part of normal relationship'
Australia's competition watchdog is rejecting claims it is biased against Telstra.[MORE]
Homebuyers 'slugged' for dumped projects
The New South Wales Opposition says the Government must explain why it intends to charge homebuyers a levy for two rail projects that were scrapped in the mini-Budget.[MORE]
Research shows consumer confidence down for Christmas
Feature
Research has shown a drop in consumer confidence ahead of the peak Christmas period.[MORE]
Telstra workers vote on strike action
Telstra workers are voting on whether to take urgent industrial action over pay claims at the company's annual general meeting.[MORE]
Free trade: Aust joins Asia-Pacific talks
Australia will join negotiations for a free trade agreement across the Asia-Pacific.[MORE]
Fannie Mae, Freddie Mac to suspend US home foreclosures
Two US mortgage finance giants Fannie Mae and Freddie Mac said they will halt home foreclosures until early January as they modify loans to help keep owners in their homes.[MORE]
ACCC defends role in ABC Learning growth
Australia's competition watchdog has defended its role in the childcare industry, in light of the ABC Learning collapse.[MORE]
Pirates' hauls prompt fears for Aussie seafarers
Feature
The Maritime Union is worried recent attacks by Somalian pirates will encourage pirates in the Indonesian shipping lanes.[MORE]
Banks urge plans to 'get off the guarantees drip'
Australia's banks have raised concerns about the Federal Government's banks deposits scheme.[MORE]
Disgruntled customers turning to green banks
Feature
The international financial crisis has prompted a rise in the number of European consumers moving to smaller "ecologically correct" banks.[MORE]
Cartel activity complaints on the rise
Australia's competition watchdog says the global financial crisis has led to a spike in the number of complaints about businesses colluding. [MORE]
'Get your act together', Congress tells carmakers
A bipartisan car industry bailout proposal has been put on hold until executives prove they deserve it.[MORE]