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-
Termites cause damage at WA's Parliament House
via abc.net.au
Termites leave a $50,000 damage bill at WA's Parliament House, with extensive repair works planned for later this year to fix a trail of destruction. -
Big business 'called on' to pull down effects test
Big business is understood to have been called on to speak out against the effects test and concrete opposition to the proposed changes to the competition law. -
Move over capital strength, liquidity is now APRA's big bank worry
via abc.net.au
The price of Australia's banks being "unquestionably strong" not just in capital, but also in liquidity and asset quality, will not be cheap, writes business reporter Stephen Letts. -
Market back in positive territory despite fears of US rate rise
via abc.net.au
The Australian share market finishes higher after Wednesday's trade, regaining the previous day's losses despite fears about a US interest rate rise. -
Royal Adelaide Hospital opening expected to be delayed
via abc.net.au
An opening date for Adelaide's long-awaited Royal Adelaide Hospital (RAH) remains a mystery with the South Australian Government admitting there will be a delay. -
Winds of change in Canberra breathe life into renewables sector
via abc.net.au
The renewable energy industry is celebrating the ascension of Malcolm Turnbull as Prime Minister on hopes that he may lead the Coalition towards policies more supportive of the sector. -
Former diamond mine boss arrested for allegedly misleading stock market
via abc.net.au
The former head of Australian-based mining company Kimberley Diamonds is arrested at Sydney Airport, accused of misleading the stock market. -
Average Australian spends just over $20 annually on music
via abc.net.au
The average Australian spent $22.80 a year on music last year, ranking the country sixth in the world, according to a report.Australia has some of the most valued fans in the world and is in the top 10 spenders of cash on music, globally speaking. -
Australia acting like 'an emerging market'
A leading analyst believes the S&P/ASX's 15 per cent slide from its April 27 peak this year makes its performance look more like an "emerging rather than a developed market". -
APRA satisfied by bank capital raisings
via abc.net.au
The banking regulator says it is satisfied with the big banks' recent moves to boost their capital reserves, which have closed the gap to international rivals. -
Five things business wants from Malcolm Turnbull
Oh the joy! The business lobby could not shout its approval loudly enough as Malcolm Turnbull took the nation's reins as Prime Minister. -
Qantas ramps up flights into Hobart by 30 per cent
via abc.net.au
Airline Qantas will increase the number of flights into Hobart from Melbourne and Sydney by 30 per cent next year. -
Economy keeps losing momentum according to Leading Index
via abc.net.au
Australia's economy continues to lose momentum according to a private index of forward looking indicators. -
Foreign property investment, multinational corporate tax crackdowns
via abc.net.au
The ATO is investigating over 500 property purchases by foreigners, including multi-million-dollar homes purchased by students with no income, while the Government launches a multinational corporate tax crackdown. -
Foreign investment crackdown: 500 properties under investigation
via abc.net.au
The Australian Taxation Office is now investigating over 500 residential properties held by foreign owners, including multi-million-dollar homes purchased by students with no income. -
Goulburn ratepayer-funded council newspaper voted down
via abc.net.au
A bid for the Goulburn Mulwaree Council to publish its own newspaper narrowly fails at a council meeting overnight. -
US shares surge on strong retail data
via abc.net.au
US stocks rose strongly after positive retail sales data bolstered investor sentiment, with all of Wall Street's major indices gaining more than 1 per cent. -
Freo port privatisation stalls on outer harbour timeline
via abc.net.au
WA Premier Colin Barnett wants the construction timeline for an outer harbour containment port off Perth determined before Fremantle Port is privatised to avoid the prospect of later compensation.
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