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Business News

Outback travellers get inside track to old route

An outback Queensland council says the reopening of the 'inside' Birdsville Track will give travellers an alternative.
ABC - April 18, 12:40 pm
Fortescue production rises, expansion on track

Fortescue Metals Group says its first quarter shipments were up 3 per cent and costs were down as it gained economies of scale.
ABC - April 18, 12:34 pm
Inquiry told of 'reptilian smile' over mine project

Former New South Wales MP Kerry Hickey has told a corruption inquiry his Labor colleague Ian Macdonald gave a "reptilian smile" when he asked him to write a letter of support for a controversial mine.
ABC - April 18, 12:24 pm
Top End abattoir will target China meat market

The company building a new abattoir south of Darwin says a surge in Australian beef shipments to China will be good for business in the Northern Territory.
ABC - April 18, 12:01 pm
Shares slide as global growth worries dominate

Global growth concerns have returned and are weighing down the Australian share market this morning.
ABC - April 18, 11:17 am
Gold price slump may have been 'coordinated attack'

The price of gold has stabilised but has the damage to the precious metal already been done?
ABC - April 18, 10:50 am
Taxpayers fund KFC recycling bins in Qld

Queensland's Opposition says it is hard to stomach the State Government's reasons for giving $40,000 to fast food giant KFC.
ABC - April 18, 10:47 am
Wesfarmers sales post solid rise

Wesfarmers has recorded strong sales growth among most of its major retail chains.
ABC - April 18, 10:04 am
NBN contractors cut off hundreds of Goodna residents

Contractors rolling out the National Broadband Network (NBN) have cut phone and internet services to hundreds of residents and businesses, west of Brisbane.
ABC - April 18, 9:34 am
10-year low for building sector

Tasmania's housing industry has warned homebuilding is at its lowest level in more than a decade.
ABC - April 18, 9:28 am
New terminal set to boost cruise ship visits

It is hoped a new cruise ship and Antarctic terminal in Hobart will boost ship visits.
ABC - April 18, 9:25 am
Ratings agency to 'vigorously' defend class action

US credit ratings agency, Standard & Poor's, says it will vigorously defend itself against a planned class action by about 90 local councils, churches and charities in Australia.
ABC - April 18, 8:57 am
Plunging carbon price to hit budget

The Federal Opposition says a potential multi-billion dollar hit to the budget following a plunge in Europe's carbon price has put future tax cuts and pension rises "at risk".
ABC - April 17, 10:08 pm
IMF lowers global growth forecasts

The International Monetary Fund has cut its global growth forecast for 2013 for a fourth time as the eurozone's recovery lags.
ABC - April 17, 8:39 pm
Bank, tech stocks lift market higher

The Australian market has finished higher on the back of a strong performance in bank and technology stocks.
ABC - April 17, 5:50 pm