News archive from 4 July 2013

Snapper fishing limits aimed at sustaining stocks

Snapper fishing limits aimed at sustaining stocks

The Marine Fishers Association has welcomed new limits on snapper fishing in South Australia.Four snapper breeding areas of northern Spencer Gulf and one in Saint Vincent Gulf will be closed from December 15 until the end of January. Bigger areas had...

ABC News, 09:05 in Business
 

Woodside's problems trigger $1b blow

Problems at its Pluto and Vincent assets prompted the oil and gas giant to downgrade its production forecasts by more than 5 per cent. The revised figures mean that no more than 89 million barrels of oil equivalent will be produced in 2013, down from...

 

Revised figures put the kibosh on retail recovery

Retail sales figures released on Wednesday confirmed what every shopkeeper and salesperson has known and feared for some time, that consumers are keeping their hands in their pockets. Australian Bureau of Statistics figures show retail turnover barely...

 
Investors caught out as banks roll over deposits to lower rates

Investors caught out as banks roll over deposits to lower rates

The corporate watchdog has revealed that banks have clawed back billions of dollars by not being fully transparent with fixed-term deposit customers.The Australian Securities and Investments Commission (ASIC) has warned depositors that when an initial...

ABC News, 09:19 in Business
 

Woodside's problems trigger $1b blow

Problems at its Pluto and Vincent assets prompted the oil and gas giant to downgrade its production forecasts by more than 5 per cent. The revised figures mean that no more than 89 million barrels of oil equivalent will be produced in 2013, down from...

 

Revised figures put the kibosh on retail recovery

Retail sales figures released on Wednesday confirmed what every shopkeeper and salesperson has known and feared for some time, that consumers are keeping their hands in their pockets. Australian Bureau of Statistics figures show retail turnover barely...

 

Woodside's problems trigger $1b blow

Problems at its Pluto and Vincent assets prompted the oil and gas giant to downgrade its production forecasts by more than 5 per cent. The revised figures mean that no more than 89 million barrels of oil equivalent will be produced in 2013, down from...

 

Revised figures put the kibosh on retail recovery

Retail sales figures released on Wednesday confirmed what every shopkeeper and salesperson has known and feared for some time, that consumers are keeping their hands in their pockets. Australian Bureau of Statistics figures show retail turnover barely...

 
Roads and highways fail to make grade: report

Roads and highways fail to make grade: report

A new report shows the Northern Territory's major highways and roads are in poor condition and continuing to deteriorate.The Australian Automobile Association's latest road assessment report rates the NT national highway system at only one star. AANT...

ABC News, 09:40 in Business
 
Six words to trigger slide

Six words to trigger slide

With just six words - ''deliberated for a very long time'' - Reserve Bank governor Glenn Stevens has sent the embattled Australian dollar tumbling. The currency, which has shed 14 per cent of its value since mid-April, lost half a cent following Mr...

 

Six words to trigger slide

Jittery investors read the runes in a throwaway line. With just six words - ''deliberated for a very long time'' - Reserve Bank governor Glenn Stevens has sent the embattled Australian dollar tumbling. The currency, which has shed 14 per cent of its...

TheAge, 09:48 in Business
 
Kirrily Johnston in voluntary administration

Kirrily Johnston in voluntary administration

AFTER 12 years in the Aussie fashion business, renowned and innovative designer Kirrily Johnston has gone into voluntary administration. The designer - favoured by the cool-school fashion set - says she has done so to ensure that her debtors receive...

 
You bought a Jeep?

You bought a Jeep?

Chrysler Group LLC says it will recall about 490,000 cars and utility vehicles worldwide because of a problem with active head restraints intended to prevent neck injuries in rear-end collisions. The carmaker said Wednesday that microcontrollers in...

 

Markets Live: Modest rebound in store

9:43am: Locally today, NSW premier Barry O'Farrell is expected to announce whether he is going to make James Packer's multibillion-dollar gaming empire even bigger by awarding Crown a casino licence in Sydney or make a formidable enemy. As Liz Knight...

 

Markets Live: Modest rebound in store

9:55am: In the last 24 hours we've seen the dangers of people who are not paid to be humorous, or who don't have a strong history of cracking up their audiences, attempting to make a joke. In a speech yesterday, Glenn Stevens said the RBA board had...

TheAge, 10:00 in Business
 
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