BHP profit beats expectations, issues cautious outlook
BHP Billiton has reported an after tax cash profit of $6.5 billion for the six months to the end of December.
The result has easily beaten market expectations of a $5.8 billion profit,...
ABC Business News -
Wednesday February 10, 2010, 10:43 am
Research shows towns shunning tourism
An international tourism and hospitality conference in Hobart has heard some Tasmanian communities are concerned about the impact of growing tourist numbers.
More than 200 tourism and hospitality...
ABC Business News -
Wednesday February 10, 2010, 10:42 am
Canada's fears for 'bail out Olympics'
The Vancouver Winter Olympics are yet to officially open, but already they are being dubbed 'the bail out games'.
They are the first Olympics to be held since the global recession and organisers...
ABC Business News -
Wednesday February 10, 2010, 10:41 am
Australia shares climb 1.5 pct; BHP jumps
SYDNEY, Feb 10 (Reuters) - Australian stocks rose 1.5
percent on Wednesday, as a stronger than expected profit from
BHP Billiton Ltd (ASX: BHP.ax) revived confidence in the mining
sector after a...
Reuters Finance News, Australia -
Wednesday February 10, 2010, 10:35 am
Tasmanian Govt 'seizing land for Gunns'
The Tasmanian Government is being accused of using its compulsory acquisition powers to clear the way for timber company Gunns to build a pipeline for its proposed pulp mill.
The Department of...
ABC Business News -
Wednesday February 10, 2010, 10:16 am
Rebate has investors watching TV networks
A financial markets analyst says the share prices of some free-to-air television networks have increased because of the Federal Government's plans for a rebate on commercial TV licence fees.
The...
ABC Business News -
Wednesday February 10, 2010, 10:11 am
CBA posts 50pc profit surge
The Commonwealth Bank has announced a half-year profit of almost $3 billion, due largely to a decline in bad debt costs.
The bank's cash net profit after tax for the six months to the end of...
ABC Business News -
Wednesday February 10, 2010, 10:05 am
Firms told to brace for coal workers' exodus
Townsville Enterprise Limited (ASX: TEL.ax) says businesses will have to be on the front foot to retain skilled workers in the north Queensland region once work begins on the Abbot Point Port...
ABC Business News -
Wednesday February 10, 2010, 10:00 am
Legal options considered over LNG hub
An environmental group says it is considering its legal options as it attempts to stall plans to build an LNG hub in the Kimberley.
Yesterday, Woodside announced that its partners had agreed to...
ABC Business News -
Wednesday February 10, 2010, 9:42 am
Commission to rule on SA teachers' dispute
A decision on South Australia's lengthy pay and conditions dispute for teachers will be given today by the Industrial Relations Commission.
The case went to arbitration last July after 18 months...
ABC Business News -
Wednesday February 10, 2010, 9:32 am
Funding pledge eases road condition row
The Tasmanian Government appears to have settled a row with people in the Southern Midlands over the poor condition of Mudwalls Road.
Infrastructure Minister Graeme Sturges, a department official...
ABC Business News -
Wednesday February 10, 2010, 9:15 am
Toyota berated over Prius recall
Toyota's recall of its latest model Prius has prompted a rare public rebuke for the company from the Japanese Government.
The recall affects more than 400,000 hybrid cars worldwide, including...
ABC Business News -
Wednesday February 10, 2010, 9:11 am
25 firms follow builder into liquidation
The liquidator for the collapsed north Queensland construction company CMC Cairns says 25 associated companies have also gone into liquidation.
CMC Cairns went into voluntary administration in...
ABC Business News -
Wednesday February 10, 2010, 9:08 am
Thousands of homes could face insulation safety checks
The Federal Government is facing demands that it fund a massive safety audit of tens of thousands of homes that have had foil insulation installed under its rebate scheme.
Environment Minister...
ABC Business News -
Wednesday February 10, 2010, 8:35 am
Airport workers escaping security checks
Transport industry workers say increasing security at Australian airports is a step in the right direction, but more stringent checks are needed when recruiting airport staff.
The Federal...
ABC Business News -
Wednesday February 10, 2010, 8:26 am
