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Business News

Australian Lehman Brothers creditors may face long wait for cash

Australian councils, charities and churches that lost hundreds of millions of dollars through products marketed by the failed US investment bank Lehman Brothers may have to wait several more years to get their money back.
ABC - June 19, 1:19 pm
Former premier Brian Burke and stockbroker to stand trial on insider trading charges

Former Western Australian premier Brian Burke has been committed to stand trial on insider trading charges.
ABC - June 19, 12:51 pm
Tinkler sells down Whitehaven Coal stake

Former mining billionaire Nathan Tinkler is selling his stake in Whitehaven Coal, less than a year after abandoning a takeover bid for the company.
ABC - June 19, 12:16 pm
Majority of locally-made Australian television content is news: ABS

A study by the Australian Bureau of Statistics (ABS) has found news accounts for almost half of all locally-made television content in Australia.
ABC - June 19, 9:26 am
Call for forest handout transparency

The Federal Government is under pressure to say how it will hand out Tasmania's $100 million regional development fund.
ABC - June 19, 8:17 am
New labelling standard identifies eco-friendly toiletries and cosmetics

A new labelling standard that identifies 'green' toiletries and cosmetics is being released today.
ABC - June 19, 6:46 am
Holden in cost-saving talks with South Australian staff

Carmaker Holden is in discussions with staff and unions about cutting costs at its South Australian plant.
ABC - June 18, 8:31 pm
Mining giant Rio Tinto sacking staff at iron ore operations in WA

The ABC has confirmed that Rio Tinto is sacking more staff at its iron ore operations in Western Australia.
ABC - June 18, 7:09 pm
ACCC forum hears online shopping 'licence' could help stamp out fraud

A consumer fraud forum in Melbourne has been told online shopping licences for people who wish to purchase goods on the internet could be used as a way to stamp out fraud.
ABC - June 18, 6:30 pm
Share market closes down as investors wait for news on US stimulus program

The share market has ended the day moderately down as investors wait for the US Federal Reserve to meet on Wednesday over the future of America's stimulus program.
ABC - June 18, 6:05 pm
Reserve Bank says might have scope for more rate cuts

The Reserve Bank has signalled it is counting on further falls in the high Australian dollar to help rebalance the economy.
ABC - June 18, 4:42 pm
Lisa Ho closure puts 100 out of work

Lisa Ho is coming to the end of the catwalk with the high end fashion retailer to close down and around 100 staff to lose their jobs.
June 18, 3:26 pm
Clive Palmer claims info stolen from his office

Mining billionaire and Palmer United Party founder Clive Palmer says The Australian has printed information that was stolen from his Brisbane office.
ABC - June 18, 3:04 pm
Thick fog delays Adelaide Airport flights

Thick morning fog across a wide part of Adelaide has delayed arrivals and departures at the airport, at West Beach.
ABC - June 18, 10:56 am
Contractor says 'over optimistic' mining services industry coming down to earth

Western Australian contractor Clough says the mining services industry is ripe for consolidation and it is on the hunt for takeover targets as the heat comes out of the resources boom.
ABC - June 18, 9:07 am