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Business News

Manufacturing slumps to GFC lows

Manufacturing activity slumped in April to the lowest level since the height of the global financial crisis in May 2009.
ABC - May 1, 9:41 am
Forest activists battle on as Greens splinter

A former Tasmanian Greens leader has conceded the forestry peace deal has split the green movement.
ABC - May 1, 8:34 am
Factory collapse a 'wake-up call' for fashion industry

The deadly collapse of a building in Bangladesh has sparked serious questions about the fashion industry's use of sweatshops and cheap labour.
ABC - May 1, 8:02 am
ASIO building problems hit hard

The head of the ACT construction union Dean Hall has predicted more than sub-contractors will go under as a result of problems at the ASIO building in Canberra's north.
ABC - May 1, 6:17 am
Darwin Airport revamp to begin next month

The long-awaited $60 million expansion at Darwin Airport will double the amount of passengers and planes it can receive.
ABC - April 30, 9:32 pm
Poseidon to reopen famous Goldfields mine

Poseidon Nickel has announced it will re-open its historic Goldfields nickel mine in Western Australia.
ABC - April 30, 6:07 pm
Banks push share market to five-year high

Australia's share market has surged to its highest level for almost five years as the big banks continue their record run.
ABC - April 30, 5:35 pm
Rio moves underground at its Argyle diamond mine

Rio Tinto has opened its $2 billion underground operation at its Argyle diamond mine in the Kimberley in northern Western Australia.
ABC - April 30, 3:47 pm
Rising dollar, falling prices biggest threat to farmers

A private sector survey has found Australian farmers' biggest concerns are easing commodity prices and the strong Australian dollar.
ABC - April 30, 2:13 pm
Australia's airports under fire in ACCC report

The quality of service in Australia's airports has fallen across the board, with not one airport rated "good" for the first time since 2008, according to a scathing report handed down by the consumer watchdog.
ABC - April 30, 12:44 pm
ANZ posts $3 billion six-month profit

ANZ has posted a half-year profit of almost $3 billion, but its earnings grew only 1 per cent.
ABC - April 30, 12:19 pm
Home loan growth stuck at record lows

Reserve Bank figures show credit growth remains subdued, with business lending unchanged.
ABC - April 30, 12:16 pm
SA Premier defends China mission

Premier Jay Weatherill has defended the numbers of South Australian Government staff involved in his just-completed trade mission to China.
ABC - April 30, 12:09 pm
Liquidator to sell further Gunns' plantations

The liquidator of the collapsed Tasmanian forestry giant Gunns has more than doubled the number of timber plantations it is putting on the market.
ABC - April 30, 10:07 am
Economists say levy needed to fund NDIS

A leading bank economist says the Federal Government's budget deficit is likely to come in around $20 billion, and it should consider a new levy to fund the NDIS.
ABC - April 30, 6:28 am