News archive from 24 May 2013

2500 lose jobs as debt sends Swan Services to the cleaners, entered voluntary administration Wednesday night

2500 lose jobs as debt sends Swan Services to the cleaners, entered voluntary administration Wednesday night

SOME 2500 cleaners have lost their jobs after the firm they worked for ran out of money to pay their wages. Swan Services, which has operations in Queensland, stopped trading and appointed Pitcher Partners as voluntary administrators on Wednesday...

 

Dollar bounces back from one-year low

The Australian dollar has surged more than one-and-a-half US cents higher from Thursday's low point, as the US dollar lost ground against all the major currencies. At 0700 AEST on Friday, the Australian currency was trading at 97.52 US cents, up from...

 

Dollar bounces back from one-year low

The Australian dollar has surged more than one-and-a-half US cents higher from Thursday's low point, as the US dollar lost ground against all the major currencies. At 0700 AEST on Friday, the Australian currency was trading at 97.52 US cents, up from...

TheAge, 09:07 in Business
 
Examining effects of offshore gas processing on WA

Examining effects of offshore gas processing on WA

Executives from Shell and Woodside will be called to give evidence to a State Parliamentary Committee which is inquiring into the economic impact of floating LNG operations.The Economics and Industry Standing Committee will look into how offshore gas...

ABC News, 09:07 in Business
 

Dollar bounces back from one-year low

The Australian dollar has surged more than one-and-a-half US cents higher from Thursday's low point, as the US dollar lost ground against all the major currencies. At 0700 AEST on Friday, the Australian currency was trading at 97.52 US cents, up from...

 
McDonald's grilled by shareholders

McDonald's grilled by shareholders

MCDONALD'S has again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting. The world's biggest hamburger chain has been looking to keep up with changing tastes as people increasingly opt for...

 
Train services returning to normal

Train services returning to normal

A signalling problem affecting Transperth trains has been fixed and train services in Perth are returning to normal.Commuters on the Fremantle line have been the worst affected by the problem and Transperth says it will take some time to clear the...

ABC News, 09:21 in Business
 

Crown offloads $264m stake in Echo

The sale of the stake to institutional investors in a bookbuild late on Thursday was priced at $3.20 a share, a 7 per cent discount on Echo's closing price of $3.44 on Thursday. It values Crown's stake at $264 million. The sale of Crown's stake in...

 
Holiday disasters: sun, sex, and pig heads

Holiday disasters: sun, sex, and pig heads

If you're considering buying a beach shack and renting it out you might be worried about stolen cutlery or damaged fittings. You probably haven't considered the possibility that guests would turn your home into a brothel, throw all of the furniture...

 

Supermarket third wheel worth a punt

As the wholesale distributor and marketer servicing the predominantly independently owned grocers (mostly under the IGA banner), Metcash is the "third force" in the Australian supermarket industry. It provides a similar function for...

 

Crown offloads $264m stake in Echo

The sale of the stake to institutional investors in a bookbuild late on Thursday was priced at $3.20 a share, a 7 per cent discount on Echo's closing price of $3.44 on Thursday. It values Crown's stake at $264 million. The sale of Crown's stake in...

 
Holiday disasters: sun, sex, and pig heads

Holiday disasters: sun, sex, and pig heads

If you're considering buying a beach shack and renting it out you might be worried about stolen cutlery or damaged fittings. You probably haven't considered the possibility that guests would turn your home into a brothel, throw all of the furniture...

 

Supermarket third wheel worth a punt

As the wholesale distributor and marketer servicing the predominantly independently owned grocers (mostly under the IGA banner), Metcash is the "third force" in the Australian supermarket industry. It provides a similar function for...

 

Crown offloads $264m stake in Echo

The sale of the stake to institutional investors in a bookbuild late on Thursday was priced at $3.20 a share, a 7 per cent discount on Echo's closing price of $3.44 on Thursday. It values Crown's stake at $264 million. The sale of Crown's stake in...

 
Holiday disasters: sun, sex, and pig heads

Holiday disasters: sun, sex, and pig heads

If you're considering buying a beach shack and renting it out you might be worried about stolen cutlery or damaged fittings. You probably haven't considered the possibility that guests would turn your home into a brothel, throw all of the furniture...

 
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