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Business News

Afghanistan to begin first commercial oil production

Afghanistan expects to begin the first commercial oil production in its history in a little under two months.
ABC - May 19, 1:11 pm
Libs announce plan to stimulate development

The Tasmanian Opposition is promising to scrap what it calls "developer fees" if it wins Government next year.
ABC - May 19, 11:13 am
Labor savages Abbott's super plans

Labor has launched a nationwide attack on the Coalition's plans for superannuation, warning millions of workers will be left worse off in retirement.
ABC - May 18, 4:09 pm
Free ferry trips to Maria Island

Tour operators are offering free ferry rides to Maria Island in a bid to boost tourist numbers over winter.
ABC - May 18, 1:23 pm
Minister confident about Afghan resources industry

The Afghan government says it is confident it can press ahead with the development of its fledgling mining industry, despite the Taliban insurgency and widespread corruption in the country.
ABC - May 18, 12:36 pm
Firm's exclusion from Bendigo hospital tender unlawful, court rules

The Federal Court has ruled the Victorian Government's exclusion of a major construction company from building the Bendigo Hospital was unlawful.
ABC - May 18, 12:44 am
Fall in Aussie dollar boosts local market

The local share market benefitted from the sharp slide in the dollar today.
ABC - May 17, 7:45 pm
US improvement main reason for Aussie dollar dive

Currency analysts say renewed confidence in the US economic recovery is combining with increasing worries about Australia's economic outlook to push the local currency down against the greenback.
ABC - May 17, 6:23 pm
Qld Government seeks more cross-river rail funding

Queensland Transport Minister Scott Emerson says a federal funding promise for Brisbane's cross-river rail project is not genuine.
ABC - May 17, 3:59 pm
Unique Aussie wine varieties winning favour

Some alternative Australian-developed wine varieties are finding their way into the glasses of local drinkers, but the biggest test for winemakers has been getting consumers to try them.
ABC - May 17, 3:09 pm
I'm not guilty of anything, says ICAC minister

Former New South Wales Labor Minister Ian Macdonald has told a corruption inquiry he thinks all ministers at times decline to follow the advice of their departments.
ABC - May 17, 2:46 pm
Wesfarmers hit as Target earnings miss the mark

Target's full-year earnings could fall by as much as 43 per cent because of weak sales, price discounting and restructuring costs.
ABC - May 17, 12:50 pm
Miners not ATM for government, warns Rinehart

Australia's richest person, mining magnate Gina Rinehart, says the Government has an unhealthy reliance on the resources sector and has been treating it like an ATM.
ABC - May 17, 12:25 pm
Miners falling short on Indigenous consultation: Oxfam

A major aid agency says Australia's resources companies are not being open enough about how they gain the consent of Indigenous land owners at their overseas mining projects.
ABC - May 17, 10:07 am
Overseas tourists shun Territory experience

Numbers of international visitors to the Northern Territory have plummeted to their lowest level since records began 14 years ago.
ABC - May 17, 9:53 am