News archive from 16 July 2013

Public service cuts to help plug carbon tax budget black hole

Public service cuts to help plug carbon tax budget black hole

Senior levels of the public service will be reduced to help save money after the Federal Government dumped the carbon tax.Prime Minister Kevin Rudd is poised to outline detailed budget cuts today as part of a plan to shift to an emissions trading...

ABC News, 09:10 in Business
 
Businessman says he's been burnt twice by troubled Rudd government projects - Insulation and now NBN

Businessman says he's been burnt twice by troubled Rudd government projects - Insulation and now NBN

FIRST he was told the home insulation program he had invested $500,000 in was axed. Now, Gavin Peacock's future has been left hanging after being told his contract for the NBN rollout has been frozen. Businessman Gavin Peacock has been bit twice by...

 

US Senate battles over loan interest rates

Texas contributed 45 signatures to the petition, representing 24 of the Lone Star State's colleges and universities, including the state's two flagship universities: Texas A&M and University of Texas at Austin. The letter, which will run in the...

 
'Nothing' to see in WA's Pilbara tourism campaign launched in South Korea and China

'Nothing' to see in WA's Pilbara tourism campaign launched in South Korea and China

A tourism campaign advertising Western Australia's Pilbara as a place where visitors can come and see 'nothing' has been launched in South Korea and China.The Pilbara Regional Council said conversations with representatives from highly populated and...

ABC News, 09:23 in Business
 

US Senate battles over loan interest rates

Texas contributed 45 signatures to the petition, representing 24 of the Lone Star State's colleges and universities, including the state's two flagship universities: Texas A&M and University of Texas at Austin. The letter, which will run in the...

 

ALS launches $580m oil and gas play

Laboratory testing group ALS, formerly known as Campbell Bros, has dived into the oil and gas sector, with the $US533 million ($A579 million) purchase of a large oil and gas operator, Reservoir Group. The purchase will be funded through a 1-for-11...

TheAge, 09:30 in Business
 

ALS launches $580m oil and gas play

Laboratory testing group ALS, formerly known as Campbell Bros, has dived into the oil and gas sector, with the $US533 million ($A579 million) purchase of a large oil and gas operator, Reservoir Group. The purchase will be funded through a 1-for-11...

 

US Senate battles over loan interest rates

Texas contributed 45 signatures to the petition, representing 24 of the Lone Star State's colleges and universities, including the state's two flagship universities: Texas A&M and University of Texas at Austin. The letter, which will run in the...

 

ALS launches $580m oil and gas play

Laboratory testing group ALS, formerly known as Campbell Bros, has dived into the oil and gas sector, with the $US533 million ($A579 million) purchase of a large oil and gas operator, Reservoir Group. The purchase will be funded through a 1-for-11...

 

Markets Live: ASX eyes 5000

9:57am: Laboratory testing group ALS, formerly known as Campbell Bros, has dived into the oil and gas sector, with the $US533 million ($A579 million) purchase of a large oil and gas operator, Reservoir Group. The purchase will be funded through a...

 
Administrators try to save timber company jobs

Administrators try to save timber company jobs

The administrators of a Toowoomba-based timber company, NK Collins, on Queensland's Darling Downs say it is possible some of the 40 staff will keep their jobs. NK Collins is in the hands of administrators due to losses incurred in the global financial...

ABC News, 10:03 in Business
 

Markets Live: ASX eyes 5000

9:56am: The bad news is continuing for shareholders of Sims Metals, this time with a $9 million loss on the sale of a US metals recycling unit. Earlier in the year, the group disclosed a string of problems at its US and UK operations resulting in...

TheAge, 10:03 in Business
 

Markets Live: ASX eyes 5000

9:57am: Laboratory testing group ALS, formerly known as Campbell Bros, has dived into the oil and gas sector, with the $US533 million ($A579 million) purchase of a large oil and gas operator, Reservoir Group. The purchase will be funded through a...

 
ATO chases big business in tax sweep

ATO chases big business in tax sweep

The Tax Office is ramping up its offensive on corporate tax dodging, setting its sights on a record number of audits of large or multinational businesses suspected of shifting profits overseas. It has also announced it will open hundreds of reviews...

 

Reform agenda puts China's economic superagency under scrutiny

Behind China's two investigations into irregular pricing of infant formula and pharmaceuticals announced this month is one powerful institution and its struggle for relevance as Beijing attempts a transition to a more consumption-led economy. The...

 
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