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Business News

Treasury denies dept gave in to political interference

The head of Treasury has hit back at the Coalition's claims that the federal budget forecasts were fudged to suit the Government.
ABC - May 21, 8:24 pm
Retrenched BlueScope workers 'ripped off'

Steel workers are bitterly disappointed a Government rescue fund designed to ease the blow of job losses in the industry has failed to create hundreds of positions it promised to deliver.
ABC - May 21, 8:21 pm
Losses in industrial and retail stocks drag share market lower

The share market has closed lower, with the biggest losses in industrial and retail stocks.
ABC - May 21, 8:18 pm
Abbott denounces Government's Brisbane rail funding pledge

Opposition Leader Tony Abbott has dismissed the Federal Government's budget pledge for Brisbane's Cross River Rail plan.
ABC - May 21, 7:49 pm
AGL fined by ACCC over illegal door-to-door sales tactics

The energy company AGL has been ordered to pay $1.56 million for using illegal door-to-door sales tactics, while the marketing company that carried out the sales, CPM Australia, has been ordered to pay $200,000.
ABC - May 21, 5:10 pm
Court delays work on Tarkine mine

The Federal Court has extended an injunction banning work at a new mine in the Tarkine region in Tasmania's north-west.
ABC - May 21, 4:25 pm
'G'day, China' rings loud in push for investment

About 150 heavy-hitters in the minerals and resources sector have gathered for the opening of a three-day conference in Darwin.
ABC - May 21, 4:22 pm
Builder jailed for deceiving clients

A bankrupt builder has been jailed for deceiving clients in Alice Springs.
ABC - May 21, 1:34 pm
Federal police to boost Adelaide Airport visibility

Australian Federal Police (AFP) said they would have a more visible presence in future at Adelaide Airport.
ABC - May 21, 12:55 pm
Construction industry lobbies SA Government for incentives

The Civil Contractors Federation claims key players in the industry are looking for work interstate due to a looming shortage of public and private work in South Australia.
ABC - May 21, 12:12 pm
Santos plugs outback oil leak

Santos says it will begin assessing environmental damage from an oil leak in Queensland's far south-west.
ABC - May 21, 11:24 am
Housing industry anger over maintenance contract

Tasmanian home builders have criticised the State Government's decision to give a large maintenance contract to a New South Wales company.
ABC - May 21, 10:48 am
Governments called on to reveal resources revenue

Transparency campaigners say governments need to step up and be more open about the income they receive from their resources industries.
ABC - May 21, 9:26 am
Annual minimum wage hearings set to begin in Melbourne

The Fair Work Commission is set to begin its annual minimum wage hearings in Melbourne this morning.
ABC - May 21, 6:22 am
Australian dollar could dive below 90 US cents in coming weeks

There are predictions that the Australian dollar could fall as low as 90 US cents in the coming weeks and months.
ABC - May 21, 5:51 am