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Business News

Ford Australia to close Broadmeadows and Geelong plants, 1,200 jobs to go

Ford Australia says it will close its Australian manufacturing plants in October 2016, with the loss of hundreds of jobs.
ABC - May 23, 1:32 pm
Ford closure: domestic car manufacturing a shrinking industry

Ford's announcement today has been a long time coming.
ABC - May 23, 1:29 pm
Nick Cave to sing Barossa's praises

A $6 million tourism campaign has been launched to promote the Barossa Valley as the nation's top food and wine destination.
ABC - May 23, 1:22 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 23, 1:12 pm
Manufacturing: where the parties stand

The future of Australia's struggling automotive industry is the subject of heated public policy debate, mostly centred on whether government subsidies are a waste of taxpayers' money or a vital helping hand for traditional Australian jobs.
ABC - May 23, 12:56 pm
Cost of raising children jumps by more than 50 per cent since 2007

The cost of raising children in Australia has skyrocketed in the past five years, with middle-income families spending up to $458 a week to raise a child.
ABC - May 23, 12:22 pm
Ford closure: Timeline of the car-maker's history

Following the announcement that Ford will be shutting its Broadmeadows and Geelong plants in 2016, we look back over the car maker's production history.
ABC - May 23, 11:38 am
Review warns organised crime could target port

A review of Northern Territory Police resources has warned that the lack of a container X-ray facility at Darwin Port makes the city attractive to organised crime.
ABC - May 23, 11:28 am
Grant to boost hills sculpture project

Adelaide hills and south coast councils have received a federal grant to boost a planned sculpture trail.
ABC - May 23, 8:46 am
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
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