Tag: Business, Economics and Finance
Government says art can remain in self-managed super
The Federal Government says it will continue to allow art to be part of self-managed superannuation funds despite a review that proposed it be excluded.[MORE]
House energy star ratings 'unreliable'
The Housing Industry Association (HIA) has discredited the energy star rating system used to assess new houses.[MORE]
Parental leave levy won't push up prices: Coles
The head of Coles says he does not believe having to pay a levy to fund the Coalition's proposed paid parental leave scheme would push prices up for consumers.[MORE]
US economic growth slows to sluggish pace
There are signs America's economic recovery is starting to fizzle out, with economic growth slowing to 2.4 per cent.[MORE]
BA losses widen on strike action, ash cloud
British Airways has revealed its net losses have widened to 122 million pounds ($211 million) in its first quarter as strike action and the volcanic ash cloud grounded flights.[MORE]
PM's infrastructure funding pledge
The Prime Minister Julia Gillard has focused on infrastructure funding during her first election campaign visit to Western Australia. [MORE]
Market closes lower amid Macquarie slump
The local share market has ended the week on a sour note after a profit warning from the investment bank Macquarie Group.[MORE]
'Common sense' MySuper will face a fight
A member of the Cooper superannuation review says changes need to be implemented despite some industry opposition.[MORE]
Federal funding for airport infrastructure
The Prime Minister Julia Gillard says her government will fund most of the upgrades to infrastructure around the Perth Airport if it wins the election.[MORE]
Perth house price drops
A national real estate report has revealed Perth recorded the biggest drop in house prices in the nation for the June quarter.[MORE]
Gulf coast locals beg not to be forgotten
Many of the people who live along the Gulf of Mexico coast fear they will soon be forgotten. [MORE]
Borrowing stalls on housing slowdown
Australians took out home loans at the slowest rate on record in June, while the amount of personal borrowing dropped, and there was no change in the amount businesses borrowed.[MORE]
Macquarie shares slump on profit warning
Shares in the investment bank Macquarie Group have sunk after the company revealed earnings in several of its businesses this year are unlikely to meet the results posted last financial year.[MORE]
ACT creates Coles, Woolies-free zones
The ACT Government has stood up against Coles and Woolworths, ruling the supermarkets out of several store bidding processes.[MORE]
Review recommends scrapping mining tax
A Senate report into the Government's mining tax has recommended it be scrapped.[MORE]
Government defends water contamination testing time
The Government says it took about six months to do follow-up tests after a water contamination scare at Kogan on Qld's Darling Downs.[MORE]
House prices hit the wall
House prices have fallen for the first time in 17 months, as rising interest rates and the end of government stimulus payments crimp demand.[MORE]
Doing the subprime but not the time
The reputational carnage on Wall Street from the genesis of the US subprime mortgage crisis continues to mount.[MORE]
Councils to fight gas drilling
The Wyong and Gosford councils have joined the Lake Macquarie Council in opposing a planned gas exploration project off the coast.[MORE]
Family care if miners die on the job
A new scheme has been launched to look after families of workers who have been killed in mines in Western Australia.[MORE]
Smelter workers fear job cuts impact
The Australian Workers Union (AWU) says moves to slash 100 jobs at the Kurri Kurri aluminium smelter in the New South Wales Hunter Valley have created a climate of fear and uncertainty amongst workers.[MORE]
iPhone 4 arrives in Australia
The iPhone 4 has finally made it to these shores and for once the delay has been a good thing. [MORE]
More tests amid new water contamination scare
There will be more tests on Qld's Darling Downs today where fresh claims have surfaced about water contamination. [MORE]
Investors tread water ahead of GDP
US stocks have closed fairly steady as investors await the release of official economic growth figures, and after a handful of mixed earnings reports.[MORE]
Flights delayed as fog shrouds major airports
Sydney Airport is warning passengers to expect some delays as flight patterns return to normal after disruptions caused by thick fog.[MORE]
