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Business News

ANZ considering off-shoring 600 jobs

The ANZ Bank has confirmed it is considering sacking 600 staff in Melbourne.
ABC - June 20, 1:41 pm
Industry predicts wine plan woes

There are concerns the Federal Government's new approach for Tasmania's wine industry could be devastating.
ABC - June 20, 1:21 pm
Negative Chinese manufacturing data rattles markets, hurts Australian dollar

A slide in a key Chinese manufacturing index has dented the Australian share market and local currency, by fuelling concerns that Australia's biggest export market is slowing.
ABC - June 20, 1:15 pm
Adelaide southern suburbs Foodland store fined for out-of-date food

A Foodland store at Seaford has been fined $200,000 by Adelaide Magistrates Court for selling expired food and failing hygiene standards.
ABC - June 20, 12:45 pm
Hastings Deering to cut 200 jobs, mainly from Mackay, Rockhampton

Mining support company Hastings Deering has announced plans to cut 200 jobs from its Australian workforce.
ABC - June 20, 12:11 pm
UK gives green light to food health ratings

The UK is introducing a labelling scheme which colour codes foods according to how healthy they are.
ABC - June 20, 11:56 am
Australian dollar falls to two-year low as US Federal Reserve says it could scale back stimulus measures

The Australian dollar has fallen to its lowest level for almost two years, dipping below 93 US cents this morning after the US Federal Reserve said it could begin scaling back stimulus measures.
ABC - June 20, 10:56 am
Geothermal project advances in Flinders Ranges

A geothermal energy project in the Flinders Ranges has been granted $13 million by the Australian Renewable Energy Agency.
ABC - June 20, 10:56 am
Adelaide clothing retailer Trims goes into liquidation

Adelaide clothing retailer Trims has gone into liquidation, after being in business since 1937.
ABC - June 20, 10:27 am
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 local subsidiary of failed US investment bank Lehman Brothers may have to wait up to two more years to get their money back.
ABC - June 20, 8:54 am
Telstra review prompts overhaul of asbestos training program for pit workers

Telstra has released damning findings from a review of its contractors who remove asbestos from its telecommunications pits.
ABC - June 19, 8:38 pm
Share market rallies ahead of US Fed Reserve decision on stimulus

The share market has rallied as investors watch for news on whether the US Federal Reserve will keep printing money to boost the US economy.
ABC - June 19, 6:22 pm
GrainCorp suitor quizzed on past

The US agribusiness giant Archer Daniels Midland has been forced to confront a history of alleged price-fixing and market-rigging as its seeks to win regulatory approval for its controversial takeover of GrainCorp
ABC - June 19, 6:05 pm
Compulsory third party premiums set to fall

Canberra motorists may soon have cheaper compulsory third party premiums as three more insurers enter the ACT market.
ABC - June 19, 4:28 pm
Nathan Tinkler sells down stake in Whitehaven Coal

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, 3:50 pm