News archive from 6 December 2013

Qantas shares in trading halt ahead of credit rating decision from Standard and Poor's

Qantas shares in trading halt ahead of credit rating decision from Standard and Poor's

Shares in Qantas have been placed in a trading halt ahead of an announcement on its credit rating from Standard and Poor's.In a trading halt request filed with Australian Securities Exchange, the airline has received credit rating information from...

ABC News, 11:02 in Business
 
Flights delayed after runway closed at Brisbane International Airport

Flights delayed after runway closed at Brisbane International Airport

International and domestic flights at Brisbane Airport have been delayed by debris on a runway. The debris was caused by an Airbus A380 on take-off this morning. A Brisbane Airport Corporation spokeswoman says all international arrivals were stopped...

ABC News, 11:33 in Business
 
Keyneton wind farm approval, with 26 conditions, prompts threat of court action by opponents

Keyneton wind farm approval, with 26 conditions, prompts threat of court action by opponents

Approval has been given for a 42-turbine wind farm near Keyneton on the edge of the Barossa Valley.South Australian Planning Minister John Rau said there had been extensive consultation since the application was first lodged by Pacific Hydro 18 months...

ABC News, 11:41 in Business
 
Beef and sugar big winners from Korean trade deal

Beef and sugar big winners from Korean trade deal

Australia's beef and sugar industries are celebrating an agreement with South Korea on free trade, saying it means Australia will remain competitive in one of its most important export markets.The trade ministers from Australia and South Korea reached...

ABC News, 12:47 in Business
 
Tax breaks for northern Australia back on map for parliamentary committee inquiry

Tax breaks for northern Australia back on map for parliamentary committee inquiry

The terms of reference for a Federal Government parliamentary inquiry into northern Australia have been amended to include the consideration of taxation issues. Further developing the north was a key Coalition platform before the federal election,...

ABC News, 12:47 in Business
 
Darwin bus service to be sold off but it will be business as usual, says Peter Styles

Darwin bus service to be sold off but it will be business as usual, says Peter Styles

Government-owned bus services in Darwin will be privatised.Northern Territory Transport Minister Peter Styles made the announcement this morning. He says no Darwinbus services, routes or ticket costs will be affected by the privatisation. He says a...

ABC News, 14:00 in Business
 
Major supermarkets Coles, Woolworths agree to stop heavy fuel discounting on fuel shopper dockets

Major supermarkets Coles, Woolworths agree to stop heavy fuel discounting on fuel shopper dockets

The nation's two major supermarkets have agreed to take significant steps towards addressing concerns about fuel shopper dockets.The Australian Competition and Consumer Commission (ACCC) has been investigating whether the fuel-saving offers, known as...

ABC News, 14:41 in Business
 
Holden closure: Ian Macfarlane demands ABC reveal source, says no decision made

Holden closure: Ian Macfarlane demands ABC reveal source, says no decision made

Industry Minister Ian Macfarlane has challenged the ABC to reveal which of his colleagues have claimed Holden is quitting Australia.Last night the ABC reported claims from senior government ministers that Holden has decided to pull out of Australia as...

ABC News, 14:50 in Business
 
Cape Alumina drops $1.2b Pisolite Hills Cape York bauxite project

Cape Alumina drops $1.2b Pisolite Hills Cape York bauxite project

Cape Alumina has officially announced it has abandoned its $1.2 billion Pisolite Hills mining project in far north Queensland's Cape York region but will push ahead with its nearby Bauxite Hills project.Last month, the State Government banned mining...

ABC News, 15:18 in Business
 
Solar powered phone charging stations for PNG

Solar powered phone charging stations for PNG

People living in rural and remote parts of Papua New Guinea will be able to recharge their mobile phones at solar stations as part of network being set up throughout the country.As part of the project, the stations will be run as small businesses with...

ABC News, 16:05 in Business
 
WA Government signs agreement with Chinese-owned Kimberley Agricultural Investment on Ord Irrigation Scheme

WA Government signs agreement with Chinese-owned Kimberley Agricultural Investment on Ord Irrigation Scheme

The State Government has signed an agreement with a Chinese-owned company, to effectively double the Ord Irrigation Scheme in the Kimberley.The agreement between the Government and Kimberley Agricultural Investment was signed this morning. Over the...

ABC News, 17:35 in Business
 
Flight Centre loses ACCC case on attempts to price fix with major airlines

Flight Centre loses ACCC case on attempts to price fix with major airlines

The Australian Competition and Consumer Commission (ACCC) has won a case in the Brisbane Federal Court against Flight Centre over price fixing.The court today found Flight Centre guilty of six charges of attempting to induce competitors to enter into...

ABC News, 19:23 in Business
 
Fast food strikes across US cities show the American dream is becoming a nightmare

Fast food strikes across US cities show the American dream is becoming a nightmare

IT'S famed as a land of opportunity where anyone willing to work hard can make dreams come true. But inside America a war is being waged between a shrinking middle class and the wealthy 'one per cent' that employ them. Overnight, thousands of workers...

 
Lebanese journalist Rami Aysha, who worked with the ABC's Four Corners, expects to be jailed

Lebanese journalist Rami Aysha, who worked with the ABC's Four Corners, expects to be jailed

A Lebanese journalist who has worked for the ABC's Four Corners program says he is facing six months in jail in relation to his investigative work.Rami Aysha, who made major contributions to a recent report on people smuggling, says Lebanese...

ABC News, 00:16 in Business
 
Move to cap fuel discounts only 'one step' in creating level playing field, retail groups say

Move to cap fuel discounts only 'one step' in creating level playing field, retail groups say

The peak body representing independent service stations says a move by the major supermarkets to cap fuel discounting is only one step towards creating an even playing field. Coles and Woolworths yesterday announced they would limit their fuel...

ABC News, 01:31 in Business
 
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