Posted
Australian stocks have started the week at a three-month high, as investors cheered solid company earnings.
Topics: stockmarket, markets, business-economics-and-finance, gold, industry, mining-industry, banking, rail-transport, oil-and-gas, currency, australia
Posted
| UpdatedOne of Coca-Cola's fastest-growing products, Frozen Coke and Frozen Fanta, was not included in the latest industry-funded study on soft drink consumption in Australia, which says we are drinking less of the sweet stuff than we were 15 years ago.
Topics: food-and-beverage, industry, research, obesity, health, diabetes, australia
Posted
Both sides of politics have played a direct role in the demise of Australian industry and have wasted the proceeds of the resources boom.
While the Aussie dollar did wreak havoc on industry, government policy failures since 2000 have taken a heavy toll.
We're now left with bickering politicians, a yawning budget deficit, and a conga line of manufacturers desperate for assistance that in most cases will never arrive.
Topics: manufacturing, business-economics-and-finance, government-and-politics, industry
Posted
| UpdatedInterest was muted as the first blocks of land at Tralee went up for sale on the NSW/ACT border.
Topics: industry, regional-development, urban-development-and-planning, housing-industry, housing, jerrabomberra-2619, canberra-2600
Posted
| UpdatedVirgin boss Sir Richard Branson has taken out a full-page advertisement in News Corp papers urging the Federal Government not to provide financial assistance for rival airline Qantas.
Topics: air-transport, industry, business-economics-and-finance, federal-government, government-and-politics, australia
Posted
| UpdatedThousands of Victorians were still without electricity this evening after dozens of power pole fires across Melbourne.
About 10,000 customers in the city's north had no electricity this afternoon, and about 8,000 in the city's east.
Power companies said they had called in extra crews to speed up repairs.
Topics: electricity-energy-and-utilities, industry, business-economics-and-finance, cheltenham-3192, vic, glenroy-3046, melbourne-3000, sunshine-3020, keilor-3036, oakleigh-3166, airport-west-3042, dromana-3936, ballarat-3350, northcote-3070
Posted
| UpdatedSouth Australian Premier Jay Weatherill has visited Government House to dissolve parliament and officially launch the state's four-week election campaign.
The March 15 election will be the first time Mr Weatherill has contested an election as leader.
Labor is hoping to be re-elected for a fourth term and will need to defeat Liberal leader Steven Marshall, who has promised a review of government expenditure.
Topics: elections, state-parliament, industry, sa
Posted
The United States government has outlined a new policy allowing licensed marijuana businesses to open bank accounts.
Twenty American states have legalised some form of marijuana use but banks have been reluctant to deal with cannabis businesses, for fear of being caught up in "drug money" crimes.
To qualify for legal protection from prosecution, the banks have to meet certain conditions.
Topics: drug-use, drug-offences, drugs-and-substance-abuse, community-and-society, law-crime-and-justice, business-economics-and-finance, industry, banking, united-states
Posted
| UpdatedThe trucking company at the centre of a fatal explosion in Sydney last year has voluntarily withdrawn its entire Victorian fleet.
Topics: road-transport, industry, business-economics-and-finance, vic, nsw
Posted
| UpdatedACT households can expert electricity prices to rise from July. It is likely the average power bill will increase by 23 dollars a year.
Topics: industry, electricity-energy-and-utilities, act, canberra-2600
Posted
| UpdatedA US economist warns Australia's real estate market is in a bubble and is set to burst.
Topics: industry, housing-industry, australia, sydney-2000, melbourne-3000
Posted
| UpdatedPrime Minister Tony Abbott has given a strong indication the Federal Government is preparing to lift foreign ownership restrictions on Qantas.
Topics: business-economics-and-finance, air-transport, industry, australia
Posted
| UpdatedIndian students are returning to Australia to study, following a five year slump in the education industry that was sparked by attacks against Indian students, dodgy colleges, and tough visa requirements.
Topics: industry, education-industry, adult-education, australia, india
Posted
Lucy Barbour reports on the challenges facing Australia farm machinery sector and how it's managing to survive.
Topics: rural, agricultural-machinery, agribusiness, business-economics-and-finance, industry, dandenong-3175, melbourne-3000
Posted
| UpdatedAncient coral off Western Australia's Pilbara coast has been decimated and bleached by marine heatwaves, scientists say.
Topics: environment, environmental-impact, oceans-and-reefs, oil-and-gas, industry, business-economics-and-finance, science-and-technology, earth-sciences, barrow-island-6712, wa, australia
Posted
| UpdatedFederal Liberal MP George Christensen calls on car makers to pay back millions in subsidies now that they are quitting Australia.
Topics: industry, automotive, australia
Posted
| UpdatedThe Federal Opposition Leader has defended the car makers abandoning Australia against a Government accusation that they are "parasitic".
LNP MP George Christensen has lashed out at the car makers abandoning the country, accusing them of not giving a stuff about their workers or the country, and "mooching off" taxpayers for years only to "cut and run when the going got tough".
He says the companies should repay whatever taxpayer subsidies they have received in the past few years, now they are departing.
Opposition Leader Bill Shorten says it is another example of the Abbott Government looking for someone to blame for job losses.
Topics: manufacturing, government-and-politics, federal-government, business-economics-and-finance, industry, australia, altona-3018, vic, sa
Posted
| UpdatedQantas boss Alan Joyce has increased pressure on Federal Coalition MPs, saying government policy will "have to change" to guarantee the airline's role as Australia's national carrier.
The call comes as the Abbott Government fends off criticism over its handling of calls for assistance from fruit processor SPC Ardmona and the end of Australia's car manufacturing sector.
In a speech on Wednesday night Mr Joyce said Qantas's role as national carrier was one it wanted to "continue playing for many decades to come".
"But to do so, we have to change - and so does government policy."
Topics: air-transport, industry, business-economics-and-finance, federal-government, government-and-politics, australia
Posted
| UpdatedThe Victorian Government will invest $22 million to fruit processor SPC Ardmona as part of a $100m co-investment with the company.
Topics: parliament, state-parliament, federal---state-issues, industry, melbourne-3000, shepparton-3630
Posted
| UpdatedThe media in the Pacific Islands has been challenged to be more inquisitive and to hold governments and organisations to account at this year's Pacific Media Summit in New Caledonia.
Topics: media, industry, government-and-politics, event, new-caledonia, pacific
Posted
| UpdatedToyota has recalled almost 2 million of its Prius hybrid cars, including 5,500 Australia, because of a fault which might cause the car to slow down suddenly.
Topics: automotive, industry, business-economics-and-finance, australia, japan
Posted
| UpdatedToyota has rejected a claim that it told Treasurer Joe Hockey that the AMWU was behind its decision to cease manufacturing in Australia.
Topics: automotive, industry, business-economics-and-finance, australia
Posted
| UpdatedFederal Industry Minister Ian Macfarlane is playing down calls for the Government to scrap the 5 per cent tariff on imported vehicles now car manufacturing in Australia is ending.
Topics: automotive, industry, business-economics-and-finance, tax, government-and-politics, australia
Posted
| UpdatedReporter Cameron Best details the long road from inception to demise of Victoria's car industry.
Topics: manufacturing, industry, business-economics-and-finance, government-and-politics, altona-3018, vic, australia
Posted
| UpdatedTariffs charged on imported vehicles should be scrapped immediately now the country's last car manufacturer has announced its departure, the Australian Automobile Association (AAA) says.
Topics: community-and-society, unemployment, business-economics-and-finance, automotive, industry, manufacturing, vic, australia