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Business News

Environmentalists welcome scrapping of LNG project

Environmentalists are claiming victory after Woodside abandoned its controversial $45 billion Browse LNG project in Western Australia.
ABC - April 12, 2:18 pm
Tax Office withdraws case as Tinkler pays debt

Some of the Federal Court proceedings against mining magnate Nathan Tinkler over unpaid debts have been withdrawn.
ABC - April 12, 1:01 pm
Woodside to shelve $45b LNG project

The ABC's AM program has been told that oil and gas producer Woodside Petroleum plans to abandon its $45 billion Browse LNG project in Western Australia.
ABC - April 12, 8:03 am
IT pricing inquiry fails to impress

A parliamentary inquiry into IT pricing which heard testimonies from Apple, Microsoft and Adobe has failed to impress Australian experts.
ABC - April 12, 7:41 am
WA Premier denies $45bn LNG project shelved

Woodside Petroleum is remaining tight lipped on speculation that it will shelve its $45 billion Browse LNG project in Western Australia.
ABC - April 12, 6:12 am
Underground station, Mt Ainslie tunnel for train link

The ACT Government has welcomed the latest report into a high speed rail line on Australia's east coast.
ABC - April 11, 7:42 pm
Share market undeterred by unemployment rise

Share market investors shrugged off an unexpected rise in the official unemployment rate with the Australian market finishing the session 0.75 per cent higher.
ABC - April 11, 6:35 pm
Hockey 'cynical' about high-speed rail plan

The Federal Coalition is playing down the prospect of a multi-billion-dollar high-speed rail line being built along the east coast.
ABC - April 11, 5:24 pm
Top End business set to be big fish in Oz

The Northern Territory's largest barramundi farm has officially launched its expansion, which will make it one of the biggest barra farms in the country.
ABC - April 11, 5:04 pm
Electric bikes to get approval to ride

High performance electric bikes will shortly be legal on Canberra's streets under a bill introduced into the ACT Legislative Assembly.
ABC - April 11, 4:36 pm
Concerns jobs figures mask public health issues

Australia's latest unemployment figures might look good on a global scale, but there are also concerns they are masking serious public health issues.
ABC - April 11, 3:09 pm
Albanese calls for debate on high-speed rail link

The Federal Transport Minister says if a $114 billion high-speed railway line along the east coast is to happen, states and territories need to start reserving land now.
ABC - April 11, 2:49 pm
Holden workers consider redundancy payouts

The union representing workers at Holden's Elizabeth plant says about 300 of them have expressed interest in a voluntary redundancy package.
ABC - April 11, 2:39 pm
Buyer found for collapsed home builder

A South Australian company has taken over the collapsed business Mornington Park Homes, handing a lifeline to dozens of workers.
ABC - April 11, 2:37 pm
Jobless rate jumps to highest level since '09

Unemployment jumped from 5.4 to 5.6 per cent in March, hitting its highest level since November 2009 after more than half the jobs created in February disappeared.
ABC - April 11, 2:26 pm