You do not have a location set. Set Location

Business News

Dollar loses ground after budget handed down

The dollar tumbled one cent against the greenback overnight after the Government announced a bigger than expected budget deficit for next year.
ABC - May 15, 10:04 am
AgForce questions budget's farm efforts

Rural lobby group AgForce says Queensland farmers will not get much relief from new programs announced in last night's federal budget.
ABC - May 15, 9:22 am
Waterloo wind farm majority stake sold

Energy Australia said a decision to sell 75 per cent of the ownership of its Clare Valley wind farm would help fund future renewable energy projects.
ABC - May 15, 9:20 am
Clothing retailer in voluntary administration

Clothing retailer Trims has gone into voluntary administration because of trading difficulties.
ABC - May 15, 8:55 am
Budget receives cool response from business

The budget has received a cool reception from business groups, with most lamenting the lack of assistance for firms and tax changes that will hit large multinational companies.
ABC - May 15, 8:43 am
Agriculture ministers lobby to restore live trade exports

Queensland Agriculture Minister John McVeigh says he holds no animal welfare concerns about Australian live cattle exports to Indonesia as he pushes for an increase in trade.
ABC - May 15, 8:00 am
Government scraps baby bonus in deficit budget

The Federal Government has taken a swipe at so-called middle-class welfare by abolishing the baby bonus in a deficit budget that delivers almost no traditional election-year sweeteners.
ABC - May 14, 11:21 pm
Baby bonus to be abolished in Swan's deficit budget

Federal Treasurer Wayne Swan will announce tonight that the budget will remain in deficit for the next two years, with a plan to return to surplus in 2016-17.
ABC - May 14, 7:11 pm
Dollar loses ground after mixed day's trade

Investors struggled for direction throughout today's trade with no key economic data out and little news from overseas overnight.
ABC - May 14, 6:50 pm
Business groups on the attack ahead of budget

Even though much of tonight's budget, Australia's business lobby groups seem convinced Wayne Swan's cupboard will be bare.
ABC - May 14, 6:24 pm
Wage claims threaten large-scale projects: Gray

The Federal Resources and Energy Minister Gary Gray has warned the Maritime Union that demanding excessive wages could kill large-scale projects in Australia.
ABC - May 14, 5:09 pm
Indonesia opens gates to more live cattle imports

Indonesia has announced an increase in the live cattle export quota for Australia.
ABC - May 14, 1:51 pm
Kmart fails on brake tests

Kmart will donate $50,000 to a road safety trust and employ a compliance officer after failing to do brake tests during road worthy inspections at four of its Canberra outlets.
ABC - May 14, 1:21 pm
Windsor calls time on Swan ahead of budget

Independent MP Tony Windsor says he believes tonight's budget will be Treasurer Wayne Swan's last.
ABC - May 14, 12:36 pm
Licensing laws 'hamper' vibrant Adelaide push

Some say the South Australian Government's push to make Adelaide a more vibrant city is being hindered by a flawed liquor licensing system.
ABC - May 14, 11:21 am