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Govt concern at growth in timber plantations
Tasmania's Primary Industries Minister says he is concerned about the impact of timber plantations on regional communities. David Llewellyn has attended a public meeting at Levendale in the...
ABC Business News - Saturday May 10, 2008, 10:28 am

Safety concerns shut offshore WA oil plant
An oil processing plant on board an offshore facility off Western Australia's Pilbara coast has been shut down because of safety concerns. The National Offshore Petroleum Safety Authority (NOPSA)...
ABC Business News - Saturday May 10, 2008, 9:15 am

Bass Strait passenger vehicle subsidy rise
The Federal Government has announced an increase in the Bass Strait passenger vehicle subsidy. The federal member for Denison, Duncan Kerr says the increase honours an election promise and will...
ABC Business News - Saturday May 10, 2008, 8:39 am

PM should intervene in NSW electricity row: Carr
Former New South Wales premier Bob Carr says Prime Minister Kevin Rudd should intervene in the dispute over the state's power sell-off. The NSW Government wants to privatise the retail arm of...
ABC Business News - Saturday May 10, 2008, 7:40 am

Oil hits yet another record high
Crude oil prices have hit yet another all-time high in New York, going above $126 a barrel. Driven by surging demand and continuing supply fears, US light crude hit $126.20 in afternoon...
ABC Business News - Saturday May 10, 2008, 5:19 am

More time granted for Hartz EOI's
The call for expressions of interest to buy Tasmanian drinks producer Hartz has been extended until the end of next week. About 30 expressions of interest have been received and bids were due to...
ABC Business News - Friday May 9, 2008, 7:00 pm

Retailers anticipating windfall as ship comes in
Hobart is preparing for the arrival of 3,000 American sailors tomorrow. USS Tarawa is due to dock at Macquarie Wharf at about half past nine in the morning. The amphibious assault ship has...
ABC Business News - Friday May 9, 2008, 7:00 pm

QR workers doing dangerous hours, says union
The Rail Tram and Bus Union says it is frustrated with Queensland Rail's response to complaints that some members are working dangerously long hours. The union's Owen Doogan says several members...
ABC Business News - Friday May 9, 2008, 6:04 pm

Banking sector carries market higher
The strength in banking stocks helped the local market end the week on a high. The All Ordinaries index rose by 44 points to 5,844 while the ASX 200 added 0.9 of a per cent to 5,772. National...
ABC Business News - Friday May 9, 2008, 6:00 pm

Aurora no comment on Basslink talks
Aurora Energy has declined to comment on the status of negotiations with CitySpring Infrastructure Trust, the company controlling the Basslink cable connection across Bass Strait. Basslink...
ABC Business News - Friday May 9, 2008, 4:17 pm

Sharp rise in NZ unemployment rate
New Zealand's unemployment rate has risen sharply in the first quarter of this year in a further indication the country's economy is slowing. In the first three months of this year, New Zealand's...
ABC Business News - Friday May 9, 2008, 3:18 pm

Ports apprentices
Tasports has taken on five apprentices at its major ports in an effort to address the skills shortage. The new employees will be trained in the carpentry, electrical and boiler-maker welder...
ABC Business News - Friday May 9, 2008, 3:06 pm

Three arrested outside Burmese embassy
Three protesters have been arrested at a demonstration outside the Burmese embassy in Canberra. Police say they stepped in when a protester threw a water bottle at a car entering the embassy. One...
ABC Business News - Friday May 9, 2008, 3:02 pm

Wanting to believe the worst is over
That Tin Pan Alley standard - Happy Days Are Here Again - has become synonymous with the Great Depression. In one of history's exquisite ironies, its first recording was released in October...
ABC Business News - Friday May 9, 2008, 2:45 pm

Reserve Bank keeps finger on rates trigger
The Reserve Bank has issued a warning to Australian households that economic growth looks like it may be slowing, but our finger is not off the interest rate trigger yet. The message was...
ABC Business News - Friday May 9, 2008, 2:32 pm



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