Tag: Business, Economics and Finance
Power play: Iemma's move 'smacks of desperation'
Morris Iemma has denied he is being sneaky in pushing ahead with an alternative electricity privatisation.[MORE]
GDP figures show US economy still growing
Revised gross domestic product data in the US shows the economy grew by 3.3 per cent in the second quarter compared to the same time last year, helped by strong exports. [MORE]
Indigenous owners embrace Kakadu tourism
Feature
Under a new tourism plan, Aboriginals in Kakadu are being encouraged to set up their own ventures. [MORE]
Govt to talk emissions with big players
Some of Australia's largest companies will tomorrow raise concerns over the Government's emissions trading scheme. [MORE]
NT economy bucks national downward trend
A nationwide study shows Northern Territory businesses are faring better than their southern counterparts in Australia's economic downturn.[MORE]
Inpex to drill Darwin site
Inpex is set to start a drilling project in Darwin Harbour to investigate the foundations of a site where it's considering building a $12 billion gas plant.[MORE]
NSW Govt kills off power debate
The NSW Government has killed debate on its electricity privatisation legislation after less than an hour.[MORE]
Takeover target Origin Energy posts $517m profit
Power retailer Origin Energy says higher earnings from its energy retailing and oil and gas units has pushed up profit for the 2008 financial year.[MORE]
Connex short-listed for rail contract
Melbourne's train operator has been shortlisted for the new contract to run the city's public transport system.[MORE]
Opposition obtains secret truck maps
The Victorian Opposition says the Department of Transport has drafted a plan to allow B-triple freight trucks on major freeways, highways and truck routes.[MORE]
Costa threatens to quit as privatisation push fails
NSW Treasurer Michael Costa says he is thinking about quitting politics if his electricity privatisation plan is defeated.[MORE]
Macarthur Coal posts 9.3pc profit increase
Queensland mining company Macarthur Coal has announced a $72.7 million profit for this financial year, up 9.3 per cent on last year.[MORE]
Can we sell it? No you can't, says watchdog
Feature
ACMA is proposing guidelines to prevent the use of personalities to market products.[MORE]
Business Council denies seeking 'free ride' on climate change
Feature
The Business Council of Australia has launched a spirited defence of its climate change policies.[MORE]
Inflation deflating women: report
A new report has found that the wellbeing of women is greatly affected by rising inflation.[MORE]
AMP profits down to $366m
The global credit crunch and share market volatility have cut into the interim earnings of AMP.[MORE]
Rudd failing business: Turnbull
Malcolm Turnbull accuses Kevin Rudd of failing business sector amid confidence slump.[MORE]
New plans for Lauderdale canal development
A canal development at Ralphs Bay on Hobart's Eastern Shore is back before the public.[MORE]
Iraqis spend millions on silver to fix Shiite shrine
Iraqis have bought about $US69 million worth of silver from Swiss dealers to refurbish a shrine to a revered imam in the holy Shiite city of Karbala, an official said.[MORE]
NSW Coalition set to scuttle power plan
The NSW Government's plan to privatise the state's electricity sector looks set to be scuttled when MPs vote today.[MORE]
Business Council denies emissions trade delaying tactics
The Business Council of Australia (BCA) has defended itself against claims it is trying to slow down the introduction of an emissions trading scheme.[MORE]
Oil price climbs in response to Gustav threat
The price of oil is higher after forecasts that tropical storm Gustav will intensify into a hurricane.[MORE]
More jobs axed in automotive components industry
The Manufacturing Workers Union says another 80 jobs are being cut in the car component sector in Melbourne.[MORE]
Another WA gas project in doubt
A cloud is hanging over another WA gas project with Woodside threatening to cut back spending on a gas resource off the Kimberley if the Federal Government does not overhaul its draft emissions trading scheme.[MORE]
UK's homebuilder posts 96pc profit slump
In another sign of just how hard the credit crisis has hit Britain, the country's biggest homebuilder has posted a 96 per cent fall in its profits.[MORE]
