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
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
Homeless centre for East Perth gets funding
The State and Federal Governments have awarded a West Australian not-for-profit organisation nearly $30 million to build a new centre for the homeless in East Perth.
Saint Bartholemew's House...
ABC Business News -
Friday November 6, 2009, 8:00 pm
Rudd wages war on Coalition climate deniers
Prime Minister Kevin Rudd has upped the pressure on the Opposition over its emissions trading stance, accusing it of being full of climate change deniers intent on delaying action.
In a speech...
ABC Business News -
Friday November 6, 2009, 7:32 pm
Industrial action won't disrupt service: Qantas
Qantas says industrial action being threatened by its senior engineers will have no impact on its services.
In a meeting this afternoon, workers unanimously agreed to ban out-of-hours work from...
ABC Business News -
Friday November 6, 2009, 5:31 pm
US jobs lead global market gains
A fall in last week's claims for unemployment insurance in the US has led to a share market bounce around Asia which has also pushed the Australian market higher.
However, the big test for world...
ABC Business News -
Friday November 6, 2009, 5:00 pm
New national taxi standards already in NT
The Taxi Council of the Northern Territory says it already enforces many of the new national standards for taxi drivers.
The nation's transport ministers have endorsed nine national standards for...
ABC Business News -
Friday November 6, 2009, 4:47 pm
Utility cut our water supply: remote community
Residents of outstations near Alice Springs say their water has been restricted by the Power and Water Corporation because they owe it $21,000.
The families on the Iwupataka Land Trust west...
ABC Business News -
Friday November 6, 2009, 4:36 pm
