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Business News

Economists say both parties to blame for budget blues

Leading economists say both sides of politics must shoulder the blame for unsustainable levels of government spending that have plunged the budget into the red.
ABC - April 30, 12:31 am
Mission impossible for low income renters

A new report has found young Tasmanians on low incomes are finding it almost impossible to find affordable housing.
ABC - April 29, 7:51 pm
Banking sector boosts local share market

The local share market enjoyed solid gains today, with strength in the financial sector offsetting a sell-off among resources stocks.
ABC - April 29, 6:12 pm
Palmer says office break-in politically motivated

Mining magnate Clive Palmer says police are investigating a burglary at his company's Brisbane headquarters overnight.
ABC - April 29, 5:36 pm
New package 'no help' to Territory pastoralists

Rural counsellors and the Territory Government have slammed the Commonwealth's farmer assistance package.
ABC - April 29, 3:41 pm
SA minister defends mining hopes

Mineral Resources Minister Tom Koutsantonis has agreed with Premier Jay Weatherill the South Australian Government may have oversold the benefits of a proposed minerals processing plant for Whyalla.
ABC - April 29, 3:12 pm
Energy exploration fires up in Central Australia

Energy producer Santos will invest $100 million in a gas drilling and appraisal program in Central Australia, the Territory Government has announced.
ABC - April 29, 2:37 pm
Car parts maker on the market

A Launceston car parts maker which is being put on the market has already attracted interest from potential buyers.
ABC - April 29, 2:28 pm
High debt driving farms into receivership

There has been a large jump in the number of farms going into administration because of high debts, and administrators say the problem is getting worse.
ABC - April 29, 2:24 pm
Housing unaffordable for people on welfare: report

Anglicare Australia has released a new report on rental affordability which finds it is becoming almost impossible for people on welfare to afford to rent a home.
ABC - April 29, 12:24 pm
SA joins push against fuel discount displays

Actual pump prices will have to be displayed by service stations under a code of practice being introduced by the South Australian Government.
ABC - April 29, 12:11 pm
Spaniards flock to Australia to escape economic woes

Spanish workers are looking to Australia to escape the nation's deepening economic woes, as youth unemployment reaches 60 per cent in parts of the country.
ABC - April 29, 10:39 am
Gillard to reveal $12b tax revenue hole

Prime Minister Julia Gillard will today reveal a $12 billion hole in the Government's tax revenue, but vow to push on with new education and disability schemes despite it.
ABC - April 29, 8:51 am
Legal case threatens ratings agencies' bottom line

Litigation funder IMF Australia has questioned the credit worthiness of the major international ratings agencies as it intensifies legal pressure on Standard & Poors (S&Ps) with a second Australian class-action lawsuit.
ABC - April 29, 8:45 am
Hardly a surge for electric car recharge

The operator of an electric car recharging point funded by the South Australian govt said it had only been used about six times in as many months.
ABC - April 29, 8:15 am