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Russia destroys hundreds of tonnes of Western food as embargo bites
via abc.net.au
Russian officials steamroll tonnes of cheese, fruit and vegetables, defying public outrage to begin a controversial drive to destroy Western food smuggled into the country under a year-long embargo.
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'High-Rise Harry' talks affordable housing and building Meriton empire
via abc.net.au
Billionaire Harry Triguboff recounts coming to Australia and making his fortune by recognising the need for affordable inner city dwellings, buying parcels of land and building apartments.
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Bali flights cancelled as volcanic ash cloud to reach Denpasar today
via abc.net.au
Jetstar cancels all morning flights in and out of Bali as Mount Raung continues to bellow volcanic ash toward Denpasar Airport.
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Egypt unveils multi-billion dollar Suez Canal extension
via abc.net.au
Egyptian president Abdel Fattah al-Sisi unveils a major extension to the Suez Canal at a lavish ceremony, with the first ships passing through the waterway in what Egypt hopes will boost its economy and global standing.
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London commuters delayed by Tube network strike
via abc.net.au
Millions of Londoners are forced to walk, cycle or take packed buses to work as Underground staff stage their second strike in a month over plans to run trains all night at weekends.
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Tunnel under Swan River was explored for Perth Freight Link
via abc.net.au
The WA Government considered tunnelling underneath the Swan River as part of the Perth Freight Link project, Transport Minister Dean Nalder reveals.
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Shenhua mine directors investigated for corruption in China
via abc.net.au
A number of directors of the Chinese company granted approval for a coal mine on New South Wales' Liverpool Plains have been investigated for corruption in China.
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Shenhua mine bosses caught up in Chinese corruption probes
via abc.net.au
The NSW Government is under pressure to kill off Shenhua's plans for a giant open-cut mine on the Liverpool Plains, after revelations a number of the Chinese company's directors have been investigated for corruption.
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Cattle producers welcome new live export facility plan for central Queensland
via abc.net.au
A new live export facility will be up and running in the central Queensland region by the end of the year, local cattle producers say.
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Incomes fatten up for Australian beef farmers
The farm cash incomes for beef farmers in northern Australia has soared, up nearly 100 per cent in 2014-15.
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Tasmanian Government's reluctance to release ferry rebuild figures raises suspicions
via abc.net.au
The Tasmanian Government is under renewed pressure to explain how many non-Tasmanians were employed on the Spirit of Tasmania refurbishments.
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Tasmanian Government's reluctance to release ferry rebuild figures raises claims of cover-up
via abc.net.au
The Tasmanian Government is under renewed pressure to explain how many non-Tasmanians were employed on the Spirit of Tasmania refurbishments.
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Rio Tinto maintains dividend as earnings beat estimates
Rio Tinto has used debt to deliver a 12 per cent boost to its interim dividend, despite underlying profits sliding by 43 per cent.
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Bank sell-offs drive local share market's big losses
via abc.net.au
A heavy sell-off for Australia's major banks drives the local share market's worst day of trade in more than two weeks.
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#TalkAboutIt: Five pet pampering trends
via abc.net.au
A "pet parenting" attitude among owners is driving growth in the global pet market. Here are five pampering trends that are fuelling the boom.
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Northern defence spending logical 'unless the penguins attack us'
via abc.net.au
The Federal Employment Minister raises the spectre of an invasion by penguins in defending the awarding of Defence Department contracts to firms outside of Tasmania.
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Reserve Bank dismisses fears of property investor 'firesale'
via abc.net.au
A senior Reserve Bank official warns property investors to expect slower home price growth and occasional price falls, but does not expect them to flee the market en masse.
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Thodey appointed CSIRO chairman
Former Telstra chief executive David Thodey has been appointed chairman of the CSIRO.
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Rio Tinto's first-half profits plunge 80 per cent
via abc.net.au
Global mining company Rio Tinto suffers a major slide in profit in its 2015 interim results, revealing a drop of more than 80 per cent.
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Rio Tinto's first-half net profits plunge 80 per cent
via abc.net.au
Global mining company Rio Tinto suffers a major slide in net earnings in its 2015 interim results, from $US4.4 billion last year down to $US806 million in the same time period this year.
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Rio Tinto maintains dividend
Rio Tinto has maintained its policy of paying out half of the previous year's dividend in August, despite a sharp slump in commodity prices and underlying profits to $US2.9 billion.
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Unemployment rate and jobs jump
Employment surged in the month of July even as the unemployment rate climbed from 6 to 6.3 per cent.
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Russian hacker targets CommSec, E*TRADE accounts
via abc.net.au
Authorities manage to foil an elaborate share trading scheme by a suspected Russian hacker targeting Australian investors.
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Reserve Bank says it's investors pushing up house prices
The RBA has blamed an unusual concentration of investors for pushing up house prices, saying they are probably pricing out aspiring first-home buyers.
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Sky high prices as Melbourne CBD wall sells for $3.05 million
via abc.net.au
It seems Melbourne's booming real estate prices are not restricted to homes, with part of a wall in Melbourne's CBD with an electronic billboard selling at auction this week for $3.05 million.
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Unemployment jumps to 6.3pc despite strong job creation
via abc.net.au
Unemployment jumps to 6.3 per cent, and passes 800,000 for the first time since 1994, despite the estimated creation of 38,500 jobs in July.
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Unemployment jumps to 6.3pc
via abc.net.au
Unemployment jumps to 6.3 per cent, despite the estimated creation of 38,500 jobs in July.
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Carmichael mine ruling 'shifts environmental approval goal post'
via abc.net.au
The Federal Court has shifted the goal posts on environmental approvals, according to north Queensland federal MP George Christensen, following its ruling to set aside the approval of Adani's $16 billion Carmichael coal mine.
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Downer shares tumble on slashed profit guidance
via abc.net.au
Engineering and contracting firm Downer EDI's share price tumbles as the company warns continued weakness in the resources sector could cut its profit by up to 10 per cent.
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ANZ announces $3b capital raising to meet tougher home loan rules
via abc.net.au
ANZ announces a $3 billion capital raising, as it seeks to comply with increased requirements from the banking regulator.
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Wall St mixed after media rout, services boost
via abc.net.au
Good news for the US services sector offset a rout in media stocks to see Wall Street finish largely flat.
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ANZ to raise $3 billion from shareholders
ANZ Bank is raising $3 billion from shareholders to increase its capital levels in response to rules requiring banks to be more resilient to financial shocks.
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Services on The Ghan, Indian Pacific to halve after government cuts
via abc.net.au
Concession fares will increase and services on The Ghan and Indian Pacific will halve to once a week as Great Southern Rail prepares for an expected 20 per cent downturn in passenger numbers, a company spokesperson confirms.
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Kathmandu rejects Briscoe's takeover bid
Kathmandu's board has unanimously rejected a $312 million takeover from New Zealand retail group Briscoe, declaring it "does not reflect the underlying value of Kathmandu".
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