Business Breaking News
Today
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Plans for a Madame Tussauds in Sydney
THE European company which has taken control of several Australian tourist attractions says it plans to open a Madame Tussauds wax museum in Sydney in 2012. Read more
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Consumer focus can 'end bank bashing'
A PLEDGE by bankers to link their pay to customer service could end bank bashing, a consumer advocate says. Read more
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Nine SA rescue workers to fly to NZ
A TEAM of nine South Australian urban search and rescue specialists will fly to Christchurch to help with the earthquake recovery. Read more
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Anti-bullying agency accused of bullying
STATE agency responsible for tackling workplace bullying is itself plagued by widespread worker persecution, independent inquiry finds. Read more
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Customer focus can 'end bank bashing'
A BANKERS pledge to link their pay to customer service could end the bank bashing, a consumer group says. Read more
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Service sector down for fourth month
ACTIVITY in the services sector contracted for the fourth consecutive month in February but at a slower pace, a survey says. Read more
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Dollar lower after ABS data
THE Australian dollar was lower at noon following mixed official trade and preliminary construction data. Read more
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Cautious investors leave sharemarket flat
THE Australian sharemarket was flat at noon with investors cautious and market participants still digesting last month's earnings season. Read more
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Market opens slightly lower on overseas moves
SHARES have opened slightly lower despite positive economic and manufacturing data from the US and Europe overnight. Read more
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US stocks edge higher on jobs, economy
US stocks edged higher Wednesday after a surprisingly strong report on hiring by private companies raised hopes that the job market may be improving. Read more
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Oil price spike 'only short-term' - Shell
OIL prices likely to rise in the short term but producing nations will try to ensure stable prices in long-term, the head of energy giant Shell said. Read more
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Steve Jobs appears at Apple event
APPLE'S ailing chief executive Steve Jobs made a surprise appearance at an event expected to be the unveiling of the latest iPad. Read more
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Dollar up against greenback
THE dollar opened higher against the US dollar this morning. Read more
Yesterday
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Dollar lower after local GDP figures
THE Australian dollar ended the local session two thirds of a US cent lower, after decent gross domestic product (GDP) figures failed to impress currency traders. Read more
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Aust stocks close lower as oil prices rise
THE Australian sharemarket closed lower as tensions in the Middle East continued to rattle markets and spike up oil prices. Read more
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'Ombudsman should sort out milk wars'
THE consumer group Choice says a supermarket ombudsman would help decide whether milk at $1 a litre was helping or harming customers. Read more
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Noon shares lower on oil jitters
SHARES were lower by noon as tensions in the Middle East and rising oil prices weigh down the market. Read more
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Dollar lower after GDP figures
THE dollar was lower today after the December quarter national accounts failed to wow markets. Read more
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New home sales up 2.5pc in January - HIA
THE number of new homes sold across Australia has risen for the first time in three months, amid signs of confidence in NSW. Read more
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Economy remains 'impressive' - Swan
ECONOMIC growth remains "impressive" despite a backdrop of wild weather and weak economies abroad, Treasurer Wayne Swan says. Read more
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GDP shows early effects of floods
AUSTRALIA'S economy grew in the final quarter of 2010, but economists say the national accounts are showing the effects of recent natural disasters. Read more
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James Packer resigns from Ten board
CONSOLIDATED Media boss James Packer has resigned from the board of Ten Network Holdings, effective immediately. Read more
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James Packer resigns from Ten board
CONSOLIDATED Media boss James Packer has resigned from the board of Ten Network Holdings, effective immediately. Read more
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Media review committee forming soon
A COMMITTEE to advise on regulating new and old media will be finalised within a few days, Communications Minister Stephen Conroy says. Read more
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Economy grew 0.7pc in December quarter
THE Australian economy grew by 0.7 per cent in the December quarter, seasonally adjusted, national accounts released today show. Read more
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Tonga reels as Survivor packs bags
THE struggling Pacific Island nation of Tonga is reeling at news the US reality show, Survivor, will not film on its shores. Read more
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Ten to announce management changes
SHARES in Ten have gone into a trading halt, pending an announcement about changes to its management and board. Read more
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Shares open lower on Wall St fall
THE share market has opened lower following negative leads from Wall St overnight and continuing tensions in the Middle East. Read more
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Austar confirms talks on Foxtel takeover
AUSTAR United Communications says "verbal discussions" have taken place between its owner and Foxtel over a possible takeover bid. Read more
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Frank Lowy hands executive reins to sons
FRANK Lowy to become non-executive chairman of Westfield while Peter and Steven Lowy will be joint chief executives. Read more
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US shares tumble on oil, economy worries
US Federal Reserve warns high oil prices could spark inflation and stall the country's economic recovery. Read more
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Dollar lower after poor US data
THE dollar was lower today, after a poor night on US shares and fresh worries about the health of the North American economy. Read more
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India's richest man urges 'equitable growth'
INDIA'S richest man says the country needs equitable growth at all levels to include the millions in slums in mainstream of progress. Read more
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West chokes off Gaddafi funding
WESTERN Governments choke off funding to the Gaddafi regime and his inner circle after the UN and EU imposed sanctions. Read more
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Ex-McKinsey partner faces charges
RAJAT Gupta, a former McKinsey partner and a former Goldman Sachs director, has been accused of insider trading by a US regulator. Read more
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EU court bans 'gender-based' premiums
INSURANCE firms must stop charging different rates for women and men, Europe's top court says. Read more
News
Mr X does flood levy deal
JULIA Gillard has secured the final vote to pass her controversial flood levy after giving substantial ground to independent SA senator Nick Xenophon.
Sport
Irish in upset win over England
KEVIN O'Brien struck the fastest-ever World Cup hundred as Ireland pulled off a sensational three-wicket win over England overnight.
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