News archive from 12 December 2013

Holden closure prompts fears of bleak times for northern Adelaide

Holden closure prompts fears of bleak times for northern Adelaide

Welfare agencies say the Holden factory closure in northern Adelaide will bring social disaster.Manufacturing will end in 2017, but Holden managing director Mike Devereux says he expects the factory to remain busy until then. "We will do this...

ABC News, 11:00 in Business
 
Chevron reveals second Gorgon gas project cost blowout

Chevron reveals second Gorgon gas project cost blowout

Oil and gas giant Chevron has revealed the cost of its Gorgon LNG project in the north west of Western Australia has risen for a second time, blowing out to US $54 billion. The company estimated in 2009 the project would cost $37 billion and that was...

ABC News, 11:15 in Business
 
Rio Tinto pressed for details of Gove alumina refinery closure as Nhulunbuy braces for impact

Rio Tinto pressed for details of Gove alumina refinery closure as Nhulunbuy braces for impact

Senior union officials are in Nhulunbuy in the Northern Territory to press Rio Tinto to clarify details about shutting down the Gove alumina refinery.Rio Tinto announced last month that it would be mothballing the refinery next year. Australian...

ABC News, 11:22 in Business
 
Unemployment rate rises to 5.8 per cent in November, from 5.7 per cent in October

Unemployment rate rises to 5.8 per cent in November, from 5.7 per cent in October

Australia's unemployment rate has increased slightly.The latest figures from the Bureau of Statistics show the jobless rate climbed from 5.7 per cent in October to 5.8 per cent in November. The Australian dollar increased by a quarter a cent against...

ABC News, 11:47 in Business
 
Unemployment rate rises to 5.8 per cent in November, from 5.7 per cent in October

Unemployment rate rises to 5.8 per cent in November, from 5.7 per cent in October

Australia's unemployment rate has increased slightly, despite stronger-than-expected jobs growth created in November.The latest figures from the Bureau of Statistics show the jobless rate climbed from 5.7 per cent in October to 5.8 per cent in...

ABC News, 12:09 in Business
 
Coalition's NBN plan to cost billions more than promised, according to strategic review

Coalition's NBN plan to cost billions more than promised, according to strategic review

A review of the National Broadband Network says the Coalition's plan will be billions of dollars more expensive than promised before the election.The strategic review states the Government's proposed fibre-to-the-node-based network would require...

ABC News, 12:13 in Business
 
Territory petrol prices hit by highest retail sales margin in nation: Australian Institute of Petroleum

Territory petrol prices hit by highest retail sales margin in nation: Australian Institute of Petroleum

Retail margins on petrol sales in the Northern Territory are the highest in the nation, the latest figures from the Australian Institute of Petroleum show.The statistics on unleaded fuel for the end of November show a gate price for wholesalers in the...

ABC News, 12:22 in Business
 
Queensland's jobless rate falls to 5.6 per cent

Queensland's jobless rate falls to 5.6 per cent

In Queensland, the unemployment rate has fallen to 5.6 per cent.The state's jobless rate was 5.9 per cent in October. However, Australia's unemployment rate rose last month as predicted. Official figures show the national unemployment rate rose in...

ABC News, 12:29 in Business
 
Victorian and South Australian premiers to demand cash on the table during Holden talks with PM Tony Abbott

Victorian and South Australian premiers to demand cash on the table during Holden talks with PM Tony Abbott

The premiers of South Australia and Victoria have travelled to Canberra this morning to "fight" for "substantial" Federal Government funding to help Holden workers find new jobs.The iconic carmaker announced yesterday that it would...

ABC News, 13:03 in Business
 
Department confirms NBN revenue may drop under Coalition plan

Department confirms NBN revenue may drop under Coalition plan

A federal bureaucrat has confirmed it is likely the National Broadband Network revenue forecasts will have to be revised down under the Coalition's plan.The Senate Select Committee has been questioning departmental representatives about changes to NBN...

ABC News, 14:18 in Business
 
Bank of Hawaii to stay in American Samoa for now

Bank of Hawaii to stay in American Samoa for now

American Samoa's Chamber of Commerce says it's a huge relief the Bank of Hawaii has indefinitely shelved plans to leave the country.A crisis loomed when the bank announced its intention to pull out of the territory last year. The President of American...

ABC News, 14:25 in Business
 
NSW public transport fees to rise in January, but the Transport Minister Gladys Berejiklian says the hike will be kept in line with inflation

NSW public transport fees to rise in January, but the Transport Minister Gladys Berejiklian says the hike...

Public transport fares are set to rise in January, but the state government has said it will keep the increase in line with inflation.Last month the Independent Pricing and Regulatory Tribunal recommended that train and ferry fares should rise next...

ABC News, 15:34 in Business
 
Fresh focus on Tamar Valley pulp mill project after release of tree report

Fresh focus on Tamar Valley pulp mill project after release of tree report

The Tasmanian Government is hoping a new report into the state's hardwood plantations will boost investor interest in a pulp mill. The State Government has released a review commissioned in September of public and private tree farms. It found the...

ABC News, 15:46 in Business
 
TPG to pay $2m fine after High Court overturns appeal of misleading advertising judgement

TPG to pay $2m fine after High Court overturns appeal of misleading advertising judgement

The High Court has reinstated a $2 million penalty against the internet provider TPG for misleading advertising.TPG was originally penalised in November 2011, after a Federal Court Judge found some of TPG's online, radio and television advertisements...

ABC News, 15:52 in Business
 
Prosecutors drop charges against former Pike River Coal chief executive Peter Whittall

Prosecutors drop charges against former Pike River Coal chief executive Peter Whittall

Charges against the head of a New Zealand mine where 29 men died in a 2010 gas explosion were dropped in a move that angered grieving relatives.Prosecutors said the case against former Pike River Coal chief executive Peter Whittall was withdrawn as it...

ABC News, 15:54 in Business
 
Australia news at twitter


News Widget for Webmasters



«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31