Sacked Bridgestone workers get expressions of interest
At least 40 businesses and employment agencies in Adelaide have expressed interest in employing Bridgestone workers set to be retrenched within six months.
The tyre manufacturer announced last...
ABC Business News -
Sunday November 8, 2009, 2:24 pm
Oil spill may damage investor confidence
A senior commodity economist says it is too soon to tell whether the Timor Sea oil spill will dampen investor confidence in the oil and gas industry.
The West Atlas oil rig spewed oil and gas...
ABC Business News -
Sunday November 8, 2009, 10:46 am
Qld teachers set to be nation's highest paid
The Queensland Teachers Union has reached an agreement with the State Government in their long-running pay battle.
The Government had previously offered a 12.5 per cent rise over three years....
ABC Business News -
Sunday November 8, 2009, 10:03 am
G20 keeps stimulus amid global bounce
Finance ministers from the world's 20 richest nations - including Federal Treasurer Wayne Swan - have agreed to keep stimulus measures in place until the global economy has fully recovered.
A...
ABC Business News -
Sunday November 8, 2009, 9:55 am
Surgeons close to reaching pay agreement
Royal Darwin Hospital surgeons hope to reach an agreement with management over pay and working conditions by the end of this week.
The surgeons says there is an $80,000 shortfall in what they...
ABC Business News -
Sunday November 8, 2009, 9:44 am
Hardie says $320m loan might not be needed
James Hardie says it is surprised by the announcement of a $320 million loan to top up the company's asbestos fund.
A company spokesman says while the loan gives certainty to victims, it may...
ABC Business News -
Saturday November 7, 2009, 10:32 pm
Murdoch unfazed by Rudd's criticism
News Corporation head Rupert Murdoch says Prime Minister Kevin Rudd is more outspoken in criticising the media than his predecessors.
Mr Rudd has not been shy about suggesting News Limited is...
ABC Business News -
Saturday November 7, 2009, 12:31 pm
US jobless rate tops 10pc
Unemployment in the United states has risen to more than 10 per cent for the first time since 1983, with more than 16 million people now without work.
The latest figures show the unemployment...
ABC Business News -
Saturday November 7, 2009, 12:23 pm
James Hardie victims get $320m lifeline
The New South Wales and Federal Governments are lending James Hardie more than $300 million to make sure asbestos victims receive compensation.
The governments joined forces to bail out James...
ABC Business News -
Saturday November 7, 2009, 10:53 am
Senators spray Rudd's ETS 'hissy fit'
Crossbench Senators say they are not impressed by Prime Minister Kevin Rudd's attack on those who oppose his climate change policy.
Mr Rudd on Friday launched an invective towards climate change...
ABC Business News -
Saturday November 7, 2009, 9:44 am
Fuel pump forces LA-bound Qantas flight home
A Qantas plane carrying 329 passengers on its way from Sydney to Los Angeles has been forced to return to Australia because of a faulty fuel pump.
The A380 had to divert to Melbourne due to wet...
ABC Business News -
Saturday November 7, 2009, 9:11 am
British Airways axes another 1,200 jobs
British Airways (BA) will cut another 1,200 jobs after reporting a record loss of $500 million for the first half of the year.
Shares in the airline took off on the London Stock Exchange -...
ABC Business News -
Saturday November 7, 2009, 8:00 am
Oil spill sends fishermen bankrupt
An environmental lawyer in Indonesia says local fishermen are going bankrupt because the Timor Sea oil spill has ruined fish stocks.
The West Atlas oil rig spewed hundreds of thousands of litres...
ABC Business News -
Saturday November 7, 2009, 7:16 am
Woodside to triple Indigenous workforce
Oil and gas company Woodside says it is working to improve its Indigenous employment record in Western Australia.
Woodside employs about 30 full-time Aboriginal staff and 250 contractors.
Chief...
ABC Business News -
Saturday November 7, 2009, 7:15 am
College collapses tarnish Australia's reputation
The sudden closing of four more private education colleges has further weakened Australia's claim to be a provider of first class education for international students.
The collapse of the Global...
ABC Business News -
Friday November 6, 2009, 9:10 pm
