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Business News

It is rocket science, as SA firm expands operation

Technology firm NewSat plans to hire up to 20 space scientists as part of an expansion of its facility at Mawson Lakes in Adelaide.
ABC - May 22, 8:56 pm
Pressure builds for Government ban on gambling ads during sports broadcasts

The Federal Government is under mounting political pressure to impose strict bans on gambling advertisements during sports broadcasts.
ABC - May 22, 8:46 pm
Share market dips as investors await statement from Fed chairman Ben Bernanke

The Australian share market has dipped slightly lower as investors nervously awaited the latest statement from US Federal Reserve chairman Ben Bernanke.
ABC - May 22, 6:36 pm
Joe Hockey defends Howard government tax cuts after reports say they contributed to structural deficit

Opposition Treasury spokesman Joe Hockey has defended the personal income tax cuts delivered by the former Coalition government, which were today cited in two official reports for contributing to an ongoing "structural" deficit in the budget.
ABC - May 22, 6:14 pm
Investment in resources set to fall dramatically

The Federal Government's commodity forecaster is predicting investment in the resources sector is set to fall by more than two-thirds in the next five years.
ABC - May 22, 5:22 pm
Push for new northern port

The Tasmanian Freight Logistics Council wants the port of Bell Bay to be dropped as the state's preferred major port.
ABC - May 22, 1:40 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 22, 1:25 pm
Liquidators apply to freeze assets of Nathan Tinkler

Companies who claim they are owed millions of dollars by former billionaire Nathan Tinkler have applied to have his assets frozen.
ABC - May 22, 12:33 pm
Westpac-Melbourne Institute Index shows consumer confidence takes a hit from federal budget

A widely watched index has found that consumer confidence took a hit from the federal budget.
ABC - May 22, 11:58 am
Exchange program lets chefs loose on farms

A pair of Italian chefs had no idea what went into growing the vegetables they cooked with until a recent stint working at an organic farm and orchard in South Australia.
ABC - May 22, 10:34 am
Treasury Secretary denies department 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 22, 10:16 am
Myanmar dials in to growing mobile market

Myanmar's increasing engagement is fuelling demand for mobile phones in a country described as less connected than North Korea.
ABC - May 22, 10:04 am
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 22, 9:39 am
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