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Business News

IMF ponders missing inflation mystery

The International Monetary Fund has signalled that inflation appears to be under control despite the trillions of dollars that have been pumped into the global economy in recent years.
ABC - April 11, 8:46 am
Hydro seals $1.6b wind farm deal

Hydro Tasmania wants to treble its wind farm operations under a deal with Chinese energy company Shenhua Group.
ABC - April 10, 7:46 pm
Swan issues forward estimates revenue warning

Treasurer Wayne Swan has given his strongest hint yet that the pressures driving the federal budget into a multi-billion dollar deficit will apply for the next few years.
ABC - April 10, 7:07 pm
Bank, retail losses see share market fall

Losses from the banks and the retail sector saw the Australian share market close slightly lower after the day's trade.
ABC - April 10, 6:16 pm
Call to reveal cost of super changes over decade

Superannuation experts are calling on the Federal Government to reveal how much tax concessions on superannuation will cost over the next decade
ABC - April 10, 5:25 pm
Councils crunch numbers again in rates revision

Darwin property owners face smaller rate rises than predicted following the Northern Territory Government backdown on power and water prices.
ABC - April 10, 4:04 pm
Coles to buy milk direct from farming co-ops

Coles has announced two dairy cooperatives will supply its milk in Victoria, New South Wales and Queensland.
ABC - April 10, 2:57 pm
Consumer confidence unexpectedly dips

Consumer confidence has dipped unexpectedly after two months of strong gains.
ABC - April 10, 1:24 pm
Union launches push to increase youth pay

Australia's retail union is heading for a clash with industry over a push to increase the pay for workers under 21.
ABC - April 10, 11:55 am
Winemaker Accolade to axe more jobs

One of Australia's largest winemakers, Accolade Wines, has confirmed there will be more job losses under a company restructure.
ABC - April 10, 11:54 am
Billabong shares slump on discounted offer

Shares in surfwear maker Billabong have slumped as much as 30 per cent, after a potential buyers lobbed a much lower takeover offer than their initial approach.
ABC - April 10, 11:50 am
Premier to meet with Holden boss

South Australian Premier Jay Weatherill will hold crucial talks with Holden managing director Mike Devereux later this week following the carmaker's decision to slash 400 jobs in the state.
ABC - April 10, 11:48 am
Santos pushes ahead with CSG projects

A major coal seam gas company is pushing ahead with its projects in New South Wales despite tighter State Government regulations.
ABC - April 10, 9:25 am
Gas plant to use millions of litres from Power Water

Inpex will use up to 2 million litres of Darwin's drinking water every day - the equivalent daily usage of 1600 households, according to Power and Water statistics.
ABC - April 10, 8:55 am
Links found between lead exposure and violent crime

Scientists are starting to find alarming links between children who are exposed to lead and violent crime later in life.
ABC - April 9, 11:46 pm