Business

MP urges road train bullbar fines review

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

Western Queensland MP Vaughan Johnson has asked the State Government to investigate why road train drivers have been fined for what he says are minor breaches over bullbars.Mr Johnson, the Member for Gregory, ...

Forest industry returns to peace talks

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

The Forest Industries Association of Tasmania is returning to the forest peace deal negotiations.The association pulled out of talks earlier this year, accusing some environmental groups of waging campaigns ...

Aust stocks sink to lowest level this year

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

Australian stocks have sunk to their lowest level this year as investors begin to panic over the crisis in Europe after reports of a run on Spanish banks.Europe's main stock markets tumbled and the euro ...

Some Retravision stores having cash flow problems

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

The owners of Victorian Retravision stores will meet this morning to discuss cash-flow problems in the Retravision group.It is believed some stores are facing financial difficulties.Employees have been ...

Two south-east Qld casinos to cut jobs

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

The owner of Queensland's two largest casinos says its cutting around 60 jobs at its major properties in the state's south-east.The positions will go from Brisbane's Treasury Casino and Jupiter's Casino ...

ACCC to probe online price deals

Posted on 18 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

The competition regulator will investigate clothing importers who are making deals with international online stores to inflate prices for their Australian customers.The Australian Competition and Consumer ...

Ethnic firms at heart of recovery – survey

Posted on 18 May 2012 by NZ Herald

Ethnic businesspeople could play a major role in New Zealand's drive for an export-led economic recovery, according to an ANZ business survey. The strong links immigrant businesspeople have with overseas markets sets them apart...

Ethnic firms at heart of recovery – survey

Posted on 18 May 2012 by NZ Herald

Ethnic businesspeople could play a major role in New Zealand's drive for an export-led economic recovery, according to an ANZ business survey. The strong links immigrant businesspeople have with overseas markets sets them apart...

Bridgecorp: Roest gets six years jail

Posted on 18 May 2012 by NZ Herald

Bridgecorp's former financial controller Rob Roest will join the failed finance company's boss Rod Petricevic behind bars - but another former director escaped prison when the men were sentenced at the High Court in Auckland this...

PanAust expects years of production growth

Posted on 17 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

Laos-focused miner PanAust expects production to rise in the coming years after an upgrade of its flagship copper mine.PanAust is upgrading its Phu Kham mine to increase recovery rates of copper and gold, ...

Roest gets six-and-a-half years’ jail

Posted on 17 May 2012 by WILLIAM MACE

Former Bridgecorp director Rob Roest has been sentenced to six and a half years in prison following his conviction last month.

Facebook $16 billion float one of world’s biggest

Posted on 17 May 2012 by NZ Herald

Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $US16 billion, a big windfall for a company that began eight years ago with...

Downsize plan casts doubt on Olympic Dam

Posted on 17 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

Federal and State politicians have downplayed doubts over the future of the Olympic Dam mine expansion after BHP Billiton announced plans to downsize its capital works program.Earthmoving equipment is ...

Farmers fear for payments

Posted on 17 May 2012 by HAMISH RUTHERFORD

Farmers are worried they could miss payments worth $30m after NZ Dairies went into receivership yesterday.

Aust bonds up as Spanish banks take hit

Posted on 17 May 2012 by Australian Business & World Finance News - Yahoo!7 Finance

Australian bond futures have risen to new record highs as Europe's debt crisis took a turn for the worse as the focus shifted to Spain's troubled banks.RBC Capital fixed income strategist Michael Turner ...




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