News archive from 16 June 2013

Unions fear for future of Oakajee

Unions fear for future of Oakajee

Unions say it will be a huge setback for the state's mining workforce if the mothballed Oakajee Port and Rail project is not revived. Japanese backer Mitsubishi has suspended all work on the $6 billion project, in another blow to workers still shaken...

ABC News, 12:22 in Business
 
Half-a-billion-dollar baby: IVF provider aims for growth

Half-a-billion-dollar baby: IVF provider aims for growth

Australian healthcare company Virtus Health has become the world's first in-vitro fertilisation company to be listed on a stock exchange after it got its IPO away this week.It is the biggest float in Australia this year and was trading at a solid...

ABC News, 12:36 in Business
 

Australian stocks set for losses

The Australian share market is expected to open in negative territory on Monday despite a late surge at the end of last week. Local investors are nervous ahead of the US Federal Reserve's policy board meeting on Wednesday, amid speculation the Fed...

TheAge, 13:12 in Business
 
NSW Government tells federal ministers that campaigning in schools will not be tolerated

NSW Government tells federal ministers that campaigning in schools will not be tolerated

The New South Wales Government has warned federal MPs against breaching rules that prohibit them from using classrooms for political purposes.NSW Education Minister Adrian Piccoli has written to Prime Minister Julia Gillard and the Opposition Leader...

ABC News, 13:19 in Business
 

Australian stocks set for losses

The Australian share market is expected to open in negative territory on Monday despite a late surge at the end of last week. Local investors are nervous ahead of the US Federal Reserve's policy board meeting on Wednesday, amid speculation the Fed...

 

Australian stocks set for losses

The Australian share market is expected to open in negative territory on Monday despite a late surge at the end of last week. Local investors are nervous ahead of the US Federal Reserve's policy board meeting on Wednesday, amid speculation the Fed...

 
Proposed changes to Queensland's electricity sector unveiled

Proposed changes to Queensland's electricity sector unveiled

The Queensland Government has unveiled its latest move on electricity prices in a bid to drive down household costs.Energy Minister Mark McArdle says $580 million in savings could be made over seven years if retailers Ergon and Energex are brought...

ABC News, 14:20 in Business
 

Measures to ease Italy's austerity pain

Italy's cabinet has approved emergency measures aimed at boosting growth and relieving pressure on struggling Italians. The measures will include reducing bills and red tape and increasing credit for businesses. "There are many measures in the...

SBS, 16:25 in Business
 
State of the art goes sky high at Boeing

State of the art goes sky high at Boeing

Hubris can be dangerous when ultimate success isn't assured. Boeing's decision to nickname its new 787 the ''Dreamliner'' was brave considering delivery delays and damaging safety-related dramas have become the norm, rather than the exception, in...

 
State of the art goes sky high at Boeing

State of the art goes sky high at Boeing

Hubris can be dangerous when ultimate success isn't assured. Boeing's decision to nickname its new 787 the ''Dreamliner'' was brave considering delivery delays and damaging safety-related dramas have become the norm, rather than the exception, in...

 
State of the art goes sky high at Boeing

State of the art goes sky high at Boeing

Hubris can be dangerous when ultimate success isn't assured. Boeing's decision to nickname its new 787 the ''Dreamliner'' was brave considering delivery delays and damaging safety-related dramas have become the norm, rather than the exception, in...

 
Politician had links to jailed businessman

Politician had links to jailed businessman

When Chinese Australian businessman James Peng was spectacularly kidnapped by the Chinese government in 1993 in Macau, Henry Tsang, Sydney's then deputy lord mayor, pleaded for his release. Mr Tsang said he had been approached to help after Mr Peng's...

 

Sharing lunch with old friend

Albanese, who was forced out of the top gig at Rio in January, sat at the Anglo-Australian giant's table during this month's Melbourne Mining Club dinner at Lords cricket ground in London. But it could be some time before they next break bread...

 

AFP failed to look into BHP bribery claims

Confidential documents reveal how the AFP and Australian Securities & Investments Commission, with the knowledge of federal government officials, mishandled one of the nation's highest profile corporate graft cases after it was referred in May...

 

ANZ, Macquarie named by Singapore in rate-rigging scandal

Singapore's monetary authority censured 20 banks from around the world for trying to rig benchmark interest rates, ordering them to set aside as much as $S12 billion at zero interest pending steps to improve internal controls. The Australian body...

 
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