Christmas Is buckling under population boom
The Christmas Island Shire Council says there is not enough housing to cope with an influx of officials and contractors working at the immigration detention centre.
Last month the Federal...
ABC Business News -
Saturday November 21, 2009, 7:30 am
Banknote scandal: police raid RBA subsidiary
Federal police have raided the offices of a Reserve Bank subsidiary in Melbourne in the latest part of a scandal involving plastic banknotes in other countries.
The raids happened yesterday, with...
ABC Business News -
Friday November 20, 2009, 8:03 pm
Holden boss wants states to buy local
The new managing director of Holden has taken aim at State Governments for failing to buy more locally built cars instead of imported models.
Alan Batey told a business lunch in Adelaide that...
ABC Business News -
Friday November 20, 2009, 5:14 pm
200 jobs go at McCain vegetable factory at Smithton
Almost 200 permanent and casual jobs will be lost at Smithton in Tasmania's north-west next year, when McCain Foods closes its vegetable processing plant.
The company says ageing infrastructure...
ABC Business News -
Friday November 20, 2009, 5:08 pm
Commodities weigh down market
The Australian share market has ended the week lower after falls in commodity prices and US stocks overnight.
The All Ordinaries Index lost 61 points to 4,707 and the ASX 200 slipped 63 points to...
ABC Business News -
Friday November 20, 2009, 5:03 pm
Royalties revamp
The former Premier, Richard Court, says royalty payments from resources companies should flow directly to the State Government instead of the Federal Government.
Mr Court now works in the...
ABC Business News -
Friday November 20, 2009, 4:44 pm
Exempt NT from emissions scheme, demands CLP
Local industries should be exempt from the Federal Government's proposed emissions trading scheme, the Northern Territory Opposition's spokesman on business affairs says.
Dave Tollner says the...
ABC Business News -
Friday November 20, 2009, 4:00 pm
Finance and mining lead market slide
The Australian share market has ended the week lower after falls in commodity prices and US stocks overnight.
The All Ordinaries Index has lost 1.3 per cent to 4,707 and the ASX 200 has slipped...
ABC Business News -
Friday November 20, 2009, 3:25 pm
Brakes put on Victorian fire bunkers
In another blow to Victorian bushfire zone residents, the peak surveyors' body has recommended its members refuse to approve building permits for fire bunkers and shelters.
Last week the...
ABC Business News -
Friday November 20, 2009, 1:41 pm
More jobs funds for Adelaide's south
Another round of state and federal grants will create hundreds of manufacturing jobs in Adelaide's south, to help the region the wake of Mitsubishi's closure last year.
A total of $11.7...
ABC Business News -
Friday November 20, 2009, 1:40 pm
US investigates Chinese currency 'manipulation'
Members of the US Congress have asked the commerce department to investigate alleged Chinese currency "manipulation" by the Chinese Government.
The bipartisan request wants the commerce...
ABC Business News -
Friday November 20, 2009, 1:24 pm
Bligh says states forced to manage immigration impacts
Premier Anna Bligh says state governments are being left to manage many of the impacts of population growth.
She says all levels of government need better immigration planning to avoid a...
ABC Business News -
Friday November 20, 2009, 12:47 pm
Pluto project cost blow-out
Oil and gas producer, Woodside Petroleum says the estimated construction cost of its Pluto liquefied natural gas project will increase.
The company says the final cost of the project is expected...
ABC Business News -
Friday November 20, 2009, 12:16 pm
Customs seize fake Tiffany jewellery
Customs officers in Perth have seized counterfeit jewellery with an estimated street value of more than $10 million.
The fake Tiffany jewellery was sent via post from China in eight different...
ABC Business News -
Friday November 20, 2009, 12:12 pm
Smelter workers reject pay offer
Most union members working at the Nyrstar lead and zinc smelter at Port Pirie have voted to reject the latest wage offer from the company.
About 250 workers have met in the smelter car...
ABC Business News -
Friday November 20, 2009, 12:11 pm
