Posted
The NT Chief Minister acknowledges some of the decisions he got wrong, but says he is happy the public debate of Labor's first 100 days in power are about decision-making, not scandals and infighting.
Topics: government-and-politics, business-economics-and-finance, urban-development-and-planning, regional-development, darwin-0800, nt
Posted
Today's high profile political resignations sent the Euro and the New Zealand dollar tumbling. As a result the Australian dollar ended the day higher.
Topics: business-economics-and-finance, currency, stockmarket, melbourne-3000, australia
Posted
In this update: the major banks are pushing up home loan rates - independent of the Reserve Bank’s interest rate cycle; the share market has been sold down as investors fret about the populist win in the Italian referendum and a raft of Australian data ahead of the RBA's rates decision tomorrow; and across the region – it’s a negative day as well.
Topics: business-economics-and-finance
Posted
In this update: the euro fell sharply against the greenback on worries a 'no' vote will cause political instability and renewed turmoil for Italy's banks, pushing the Eurozone towards a fresh crisis; there has been a solid increase in the number of jobs advertised around the country in November and the latest news from the share market.
Topics: business-economics-and-finance
Posted
| UpdatedAnother anguished treasurer faces the prospect of a mid-year downgrade to his economic forecasts. Perhaps it's time to revisit our resources rent taxes.
Topics: mining-industry, business-economics-and-finance, wa, australia
Posted
In this update: Plans to build Australia's largest coal mine in central Queensland are in the final stages, after the project cleared another planning hurdle. And Apple has acknowledged for the first time that it's investing in building a self-driving car.
Topics: business-economics-and-finance
Posted
| UpdatedAbout a third of Australian workers are being ripped off by rogue employers who are holding back some or all of their superannuation entitlements, a new report says, suggesting the average worker was short-changed almost $1,500 in 2013-14.
Topics: business-economics-and-finance, superannuation, government-and-politics, community-and-society, work, australia
Posted
| UpdatedThe big questions for the week are whether Australia's famed multi-speed economy has found another gear — namely reverse — and whether the Reserve Bank will move out of neutral.
Topics: business-economics-and-finance, oil-and-gas, industry, banking, australia
Posted
For Australia's wine producers, climate change is not a thing of the future but an issue to be dealt with right now.
Topics: viticulture, climate-change, agricultural-crops, rural, business-economics-and-finance, milawa-3678, vic, tas, australia, united-states, chile
Posted
| UpdatedA rail line that will link Adani's $21 billion Carmichael coal mine to the Abbot Point port is one step closer, after passing its first assessment hurdle for a Federal Government loan.
Topics: mining-industry, industry, business-economics-and-finance, coal, federal---state-issues, activism-and-lobbying, government-and-politics, environment, bowen-4805, qld
Posted
The NT Environmental Defenders Office raises concerns miners are over-represented on the board set up and appointed by the former Government to monitor the industry.
Topics: mining-environmental-issues, environment, mining-industry, industry, business-economics-and-finance, borroloola-0854
Posted
| UpdatedAustralia's treasurers agree to develop a new way to encourage investment in affordable rental and community housing, but the Government is resisting calls to change tax concessions.
Topics: housing, housing-industry, government-and-politics, business-economics-and-finance, australia
Posted
The local share market fell back today with banks and resources sold off, even though both oil and iron ore had another strong session on global commodity markets.
Topics: business-economics-and-finance, oil-and-gas, stockmarket, melbourne-3000, australia
Posted
| UpdatedThe International Monetary Fund says Australia should borrow more to boost infrastructure spending to protect against a global economic downturn, even if it means a slower reduction in the budget deficit.
Topics: business-economics-and-finance, budget, international-aid-and-trade, international-financial-institutions, australia
Posted
| UpdatedFinancial and material stocks took a hit, the All Ords finished the session down nearly 1%. Equities analyst for Bell Direct, Julia Lee, speaks to Ticky.
Topics: business-economics-and-finance, australia
Posted
| UpdatedIt's been a year of mixed fortunes for investors. In the US, the Dow Jones, S&P 500 and Nasdaq have set record highs as cheap money and a Trump Jump fuels gains.
Topics: business-economics-and-finance, australia
Posted
| UpdatedIt's been huge for business big and small. It's been a year to forget for BHP, Ford Australia closed it's doors and the big four bank bosses were summoned to Canberra. Seismic political events like the double dissolution election here and the shock of Brexit and rise of Donald Trump rocked investors.
Topics: business-economics-and-finance, australia
Posted
| UpdatedInvestors in the boom baby formula business Bellamy's Australia have had a massive dummy spit, sending shares plunging on news new Chinese regulations were crimping sales and depressing prices.
Topics: business-economics-and-finance, dairy-production, tas
Posted
In this update: shares in the baby formula maker Bellamy's are being hammered after the company warned of weak sales in China, the Australian share market is losing ground as investors lock in some of yesterday's strong gains, the Dow Jones edged up to a new record, spot gold and crude oil are up, and the Australian dollar is rising against the greenback.
Topics: business-economics-and-finance
Posted
| UpdatedOne day much of the state's future timber for veneer products could very well come from the ranges of the Mackay and Whitsunday hinterland in North Queensland.
Topics: rural, business-economics-and-finance, industry, timber, mackay-4740
Posted
| UpdatedOil prices continue their rise after oil producers cartel OPEC and Russia agreed to cut production at a meeting in Vienna yesterday.
Topics: stockmarket, markets, business-economics-and-finance, futures, oil-and-gas, united-states, australia
Posted
In this update: The us President-elect Donald Trump is hailing his influence in the decision of an air conditioning company to keep manufacturing jobs in america
Topics: business-economics-and-finance
Posted
An independent vehicle safety advocate says some car dealers are peddling misinformation and "deceptively misleading consumers" about the safety ratings of new cars in order to secure a sale.
Topics: consumer-protection, business-economics-and-finance, automotive, industry, australia
Posted
The Palaszczuk Government will sign a Memorandum of Understanding with the Commonwealth today formalising their collaboration on Brisbane's Cross River Rail.
Topics: federal---state-issues, laws, law-crime-and-justice, building-and-construction, industry, business-economics-and-finance, urban-development-and-planning, community-and-society, public-sector, brisbane-4000, qld
Posted
Energy company shares soared on the local share market after the OPEC deal to cut production.
Topics: business-economics-and-finance, stockmarket, currency, melbourne-3000, australia