News archive from 24 July 2013

Environment Minister Mark Butler flies into electoral and mining battleground in Tasmania's Tarkine region

Environment Minister Mark Butler flies into electoral and mining battleground in Tasmania's Tarkine region

New Environment Minister Mark Butler will today visit Tasmania's Tarkine region, which is shaping up as a key electoral battleground amid an ongoing debate over mining in the area.Mr Butler will be in the state's north-west to re-assess a $20 million...

ABC News, 09:08 in Business
 
Australia has urged Britain in a letter to stay in the European Union

Australia has urged Britain in a letter to stay in the European Union

Australia is urging Britain to stay in the European Union.Australia made its views known through a letter sent from the office of Foreign Affairs Minister Bob Carr, which was published on the website of Britain's foreign office. The name and signature...

ABC News, 09:08 in Business
 
Dollar up on greenback weakness

Dollar up on greenback weakness

The Australian dollar is higher after another batch of weaker-than-expected US data put downward pressure on the greenback. At 7am AEST today, the local unit was trading at 92.96 US cents, up from 92.59 cents yesterday. ANZ senior manager FX in...

 

Fifth of Greeks have income below poverty line: report

Citing figures from the ministry of finance, the newspaper said 1.1 million out of 4.8 million workers and pensioners declared an annual income of less than 6000 euro ($7939). This officially puts them below the poverty line - which stood at 7178 euro...

 

US Congress eyes another debt ceiling showdown

"We're not going to raise the debt ceiling without real cuts in spending. It's as simple as that," House Speaker John Boehner told reporters. "I believe the so-called Boehner rule is the right formula for getting that done," he...

 
Aussie burger buyers abandoning McDonald's

Aussie burger buyers abandoning McDonald's

McDonald’s, the world's biggest fast food chain, says sales in Australia are going backwards, citing incorrect figures on the level of youth unemployment to help explain why fewer people are buying their burgers and fries. Although the introduction of...

 

Fifth of Greeks have income below poverty line: report

Citing figures from the ministry of finance, the newspaper said 1.1 million out of 4.8 million workers and pensioners declared an annual income of less than 6000 euro ($7939). This officially puts them below the poverty line - which stood at 7178 euro...

 

US Congress eyes another debt ceiling showdown

"We're not going to raise the debt ceiling without real cuts in spending. It's as simple as that," House Speaker John Boehner told reporters. "I believe the so-called Boehner rule is the right formula for getting that done," he...

 
Aussie burger buyers abandoning McDonald's

Aussie burger buyers abandoning McDonald's

McDonald’s, the world's biggest fast food chain, says sales in Australia are going backwards, citing incorrect figures on the level of youth unemployment to help explain why fewer people are buying their burgers and fries. Although the introduction of...

 

Fifth of Greeks have income below poverty line: report

Citing figures from the ministry of finance, the newspaper said 1.1 million out of 4.8 million workers and pensioners declared an annual income of less than 6000 euro ($7939). This officially puts them below the poverty line - which stood at 7178 euro...

 

US Congress eyes another debt ceiling showdown

"We're not going to raise the debt ceiling without real cuts in spending. It's as simple as that," House Speaker John Boehner told reporters. "I believe the so-called Boehner rule is the right formula for getting that done," he...

 
Aussie burger buyers abandoning McDonald's

Aussie burger buyers abandoning McDonald's

McDonald’s, the world's biggest fast food chain, says sales in Australia are going backwards, citing incorrect figures on the level of youth unemployment to help explain why fewer people are buying their burgers and fries. Although the introduction of...

 

Markets Live: Caution ahead of CPI

9:46am: Here's some more on Apple: the tech giant's profit of $US6.9 billion ($7.5 billion) was down 22 per cent from a year ago. This translated to $US7.47 per share, well ahead of Wall Street expectations. The California tech giant reported revenues...

 
Metcash boss fires salvo at fuel discounts

Metcash boss fires salvo at fuel discounts

The new boss of Australia's biggest grocery wholesaler Metcash has attacked the fuel discounting strategies of supermarket heavyweights Woolworths and Coles, suggesting the two were ramping up bowser prices to make their discounts appear more...

 
Switch banks? It's still too difficult

Switch banks? It's still too difficult

Only about 320 people a week are using a government scheme designed to take the hassle out of changing banks, with many customers still deterred by the complexity of switching. After the account-switching scheme opened for business in July last year,...

 
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