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Tag: Business, Economics and Finance

Storm compensation deal accepted

March 18, 2010 17:00:00

More than 150 former clients of the failed investment firm Storm Financial have accepted a compensation deal from the Commonwealth Bank.[MORE]

Tags: business-economics-and-finance, industry, banking, housing, australia, qld, brisbane-4000, cairns-4870, townsville-4810

Golden Circle falsely claimed it is Australian: ACCC

March 18, 2010 16:30:00

Golden Circle will give away nearly $2 million worth of canned fruit and vegetables because it falsely claimed it was Australian-owned.[MORE]

Tags: business-economics-and-finance, industry, food-and-beverage, australia, qld, brisbane-4000

Oakajee documents 'will make deadline'

March 18, 2010 14:44:00

The proponents of the Oakajee port and rail project in WA's Mid West say they are on track to deliver crucial project documents to the State Government.[MORE]

Tags: business-economics-and-finance, industry, mining, government-and-politics, states-and-territories, rail-transport, iron-ore, sea-transport, wa, oakajee-6532

Growers lose court battle over prescribed burns

March 18, 2010 14:40:00

Grape growers in south-west Western Australia have failed in a Supreme Court bid to find the former Department of Conservation and Land Management negligent for conducting a prescribed burn during the harvest.[MORE]

Tags: business-economics-and-finance, industry, food-and-beverage, courts-and-trials, viticulture, bunbury-6230, pemberton-6260

Bernanke opposes Obama's Fed reforms

March 18, 2010 13:49:00

A political battle is underway in the United States over president Barack Obama's new rules to regulate financial firms.[MORE]

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

PNG-Queensland business council fosters trade: Fraser

March 18, 2010 12:39:00

Queensland Treasurer Andrew Fraser says the State Government will continue to develop trade links with Papua New Guinea (PNG) despite the appointment of a special trade representative and the setting up of a new business body.[MORE]

Tags: business-economics-and-finance, international-aid-and-trade, trade, government-and-politics, states-and-territories, australia, qld, brisbane-4000, cairns-4870, papua-new-guinea

Green light for $58m gold mine expansion

March 18, 2010 12:37:00

Multi-million dollar plans to expand a gold mine near West Wyalong have been conditionally approved.[MORE]

Tags: business-economics-and-finance, industry, gold, mining, urban-development-and-planning, orange-2800, wagga-wagga-2650, west-wyalong-2671

Mine trains prompt safety fears

March 18, 2010 12:21:00

Gunnedah Shire Council has raised safety concerns about the number of trains passing through the town from local mines. [MORE]

Tags: business-economics-and-finance, industry, rail-accidents, emergency-planning, mining, rail-transport, nsw, gunnedah-2380, tamworth-2340

Tandou takeover threat eases

March 18, 2010 11:04:00

The takeover threat to Mildura-based agribusiness Tandou appears to have broken down with the sale of a large portion of the company's shares.[MORE]

Tags: business-economics-and-finance, rural, agribusiness, takeovers, vic, mildura-3500

Toll hike a 'cash grab' to help sell Gateway

March 18, 2010 11:03:00

There has been an angry reaction to a proposed hike in tolls on Brisbane's Gateway bridge. [MORE]

Tags: business-economics-and-finance, industry, government-and-politics, privatisation-and-deregulation, states-and-territories, road-transport, australia, qld, brisbane-4000

ETS will see NSW electricity bills soar

March 18, 2010 11:00:00

NSW electricity bills are set to soar if the federal Emissions Trading Scheme is introduced.[MORE]

Tags: business-economics-and-finance, industry, electricity-energy-and-utilities, government-and-politics, states-and-territories, australia, nsw

No plan to up coal royalties: Fraser

March 18, 2010 10:41:00

Treasurer Andrew Fraser says he has no plans to increase coal royalties in this year's Qld budget[MORE]

Tags: business-economics-and-finance, industry, government-and-politics, federal-state-issues, tax, rural, mining, coal, australia, qld, mackay-4740, rockhampton-4700, toowoomba-4350

Worries aired over new bus plan

March 18, 2010 10:30:00

The New South Wales Government is being urged to make major changes to its integrated regional bus network for the Lower Hunter, due to concerns passengers will be disadvantaged.[MORE]

Tags: business-economics-and-finance, industry, transport, community-and-society, cessnock-2325, maitland-2320, newcastle-2300

World is watching Hu trial, Rudd warns

March 18, 2010 10:26:00

Prime Minister Kevin Rudd has warned China that "the world will be watching" the trial of Australian mining executive Stern Hu.[MORE]

Tags: business-economics-and-finance, government-and-politics, federal-government, crime, australia, china

Rain still hampering coal supply chain

March 18, 2010 10:19:00

The company that oversees the coal supply chain to the Dalrymple Bay terminal in central Queensland says wet weather continues to affect operations.[MORE]

Tags: business-economics-and-finance, industry, coal, rail-transport, qld, mackay-4740

Fuel leak forces Holden to recall 9,000 sedans

March 18, 2010 07:36:00

Holden in Australia is recalling 9,000 of its big-selling Cruze sedans because of concerns about potential fuel leaks.[MORE]

Tags: business-economics-and-finance, consumer-protection, industry, automotive, australia, sa, adelaide-5000, south-korea

Wall Street hits 17-month closing high

March 18, 2010 07:33:00

Signs of easing inflation in the United States and gains in the energy and banking sectors have helped to push US stocks to their highest closing level in 17 months.[MORE]

Tags: business-economics-and-finance, finance-markets, stockmarket, futures-markets, currency-markets, money-and-monetary-policy, australia, united-kingdom, united-states, european-union

Hu to face trial as Rio boss visits China

March 18, 2010 07:24:00

Australian national Stern Hu and his three Rio Tinto Chinese colleagues will finally face court next Monday.[MORE]

Tags: business-economics-and-finance, company-news, foreign-affairs, law-crime-and-justice, courts-and-trials, australia, china

Employment myths cloud Social Trends survey

March 18, 2010 07:14:00

The idea that "work sharing" kept unemployment rates low during the GFC is a myth.[MORE]

Tags: business-economics-and-finance, economic-trends, industry, retail, community-and-society, unemployment, international-financial-crisis, australia

LG pays price for power-hungry fridges

March 17, 2010 21:00:00

Life is not so good for LG after it was caught out overstating the energy efficiency of some of its refrigerators.[MORE]

Tags: business-economics-and-finance, company-news, consumer-protection, australia

Government concerned by secret Hu trial

March 17, 2010 19:26:00

The Australian Government expresses concern at a decision by Chinese officials to conduct parts of Stern Hu's trial in secret.[MORE]

Tags: business-economics-and-finance, company-news, foreign-affairs, law-crime-and-justice, courts-and-trials, australia, china

Truckies want left-lane trial ended

March 17, 2010 18:37:00

The Transport Workers Union (TWU) says a trial forcing trucks to drive only in the left-lane of a Brisbane road should be stopped immediately. [MORE]

Tags: business-economics-and-finance, industry, transport, government-and-politics, states-and-territories, unions, road-transport, australia, qld, brisbane-4000

Reserve Bank demands monthly inflation fix

March 17, 2010 17:02:00

Once every three months is not enough any more - the Reserve Bank wants the Bureau of Statistics to publish inflation data every month. [MORE]

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

Fair Work inspectors to blitz Geraldton

March 17, 2010 15:00:00

Inspectors from the Fair Work Ombudsman will visit the Mid West next week to ensure employers are doing the right thing by their workers.[MORE]

Tags: business-economics-and-finance, industrial-relations, wa, geraldton-6530