News archive from 17 November 2013

Will you succeed at life? Ask your friends

Will you succeed at life? Ask your friends

Those looking to predict a person's chance of success should start their investigation on the playground, research shows. A new study by researchers at Concordia University revealed that a kid's friends may be the best judge of what the child will...

 
Flinders Island farmers beef over King Island subsidy

Flinders Island farmers beef over King Island subsidy

Flinders Island farmers claim their King Island counterparts are being given preferential treatment.King Island farmers have been receiving a $30-a-head subsidy to get animals off the island since their abattoir closed about a year ago. Flinders...

ABC News, 11:38 in Business
 
Brisbane tunnel: Plans unveiled for $5 billion bus and train tunnel to link Dutton Park and Bowen Hills

Brisbane tunnel: Plans unveiled for $5 billion bus and train tunnel to link Dutton Park and Bowen Hills

The Queensland Government has unveiled plans for a new $5 billion public transport tunnel in Brisbane.The 5.4 kilometre tunnel will link Dutton Park to Bowen Hills and include a station at Woolloongabba and another at George Street in the city. The...

ABC News, 11:38 in Business
 
Murray Goulburn could up the ante in bidding war for Warrnambool Cheese and Butter

Murray Goulburn could up the ante in bidding war for Warrnambool Cheese and Butter

The Murray Goulburn Co-operative says it is not yet out of the bidding war for the Victorian dairy business Warrnambool Cheese and Butter.Murray Goulburn managing director Gary Helou increased the co-op's bid this week, and says he may not have...

ABC News, 12:11 in Business
 
Orica boss Ian Smith discusses business strategy amid sharp rise in profits

Orica boss Ian Smith discusses business strategy amid sharp rise in profits

Orica's chief executive says the company's business strategy has helped the company fare well despite tougher times for the mining services sector.Orica is the largest provider of commercial explosives and blasting systems to the mining and...

ABC News, 12:11 in Business
 
Mobile phone found in truck cab after accident at Fortescue's Christmas Creek mine

Mobile phone found in truck cab after accident at Fortescue's Christmas Creek mine

A truck driver who had his leg amputated after an accident at a Fortescue Metals mine in Western Australia last month had a mobile phone in the cab of the truck, the ABC has been told.The 42-year-old man suffered serious leg and pelvic injuries in the...

ABC News, 17:28 in Business
 
Australian musicians Last Dinosaurs, Sophie Koh look to emerging Asian market as domestic festivals falter

Australian musicians Last Dinosaurs, Sophie Koh look to emerging Asian market as domestic festivals falter

Australian musicians are increasingly turning to the emerging Asian touring market, buoyed by enthusiastic crowds and good pay cheques as domestic festivals struggle.Promoters are booking young Australian bands in clubs and festivals in Jakarta,...

ABC News, 18:20 in Business
 
Australians tipping more than ever before, according to University of Melbourne study

Australians tipping more than ever before, according to University of Melbourne study

HOSPITALITY staff have a tip for punters with a keen eye for good service: start paying for it. Insiders have declared it is time Australia embraced the American gratuity system in a bid to lift the standards of hotels and restaurants and boost...

 

Women workers feel judged on looks, survey shows

AN OVERWHELMING majority of women believe they face double standards during job interviews and feel they are judged on their appearance more than men. New research reveals that the emphasis employers place on appearance can create major challenges for...

 
Recycling company Carbon Polymers Ltd under investigation by Environment Protection Authority over tyre dumps

Recycling company Carbon Polymers Ltd under investigation by Environment Protection Authority over tyre dumps

Australia's largest tyre-recycling company has abandoned thousands of tyres at its depots around the country and is now under investigation by the New South Wales Environment Protection Authority (EPA).Carbon Polymers Ltd, which is about to change...

ABC News, 01:38 in Business
 

NIB hitting new highs as investors swirl

Setting the scene for the share price rally was a recent move by the industry regulator, the Private Health Insurance Administrative Council, to relax capital standards within the sector. It has given the health insurers more control in deciding the...

 

Small business a litmus test for Abbott on tax

One of the first steps that the Coalition should take would be to finally set in concrete what the definition of a small business is when it comes to government regulations. The sector has seen this definition range from less than 100 employees, under...

 

David Jones: Australian Shareholders Association joins the revolt

Given poor results to date and the meagre prospects in sales, margins and multi-channelling, the ASA said the short-term incentives (STI) offered to the executive team were too generous. ''Mr Zahra was awarded 88 per cent of his STI for 2012-13, which...

 

Generation Rent left out in the cold

After first home buyers' share of new home loans fell to a record low of 12.5 per cent last week, it may be tempting to call for government action to boost the buying power of people trying to enter the market. This is historically what governments...

 

Janet Yellen's caution tipped to give Australian stocks a lift

''Money coming out of fixed interest is looking for a home,'' said stockbroker Shawn Hickman, owner of Market Matters. ''A lack of bad news from Janet Yellen and some good company reports last week like James Hardie and Orica are helping to instil...

 
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