BUSINESS

Reuters/Simon Newman

Ecofund climate change company killed off by Newman government

According to newly revealed documents, environmental health is not important to the governing body as it cut programs and sold Ecofund for less than what it costs. Ecofund was a state-owned carbon and environmental offsetting and advisory company.
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Money

Recession 2017: America in its 'bunny phase,' recession unlikely

The United States is currently in its “bunny phase,” a recognised economist has said. The reference came during the Fargo Moorhead West Fargo Chamber of Commerce’s annual Economic Outlook Forum. The event was attended by 600 people.
jack ma

Jack Ma says Australia is a gold mine

Alibaba founder Jack Ma said during the opening of the first Australian and New Zealand branch of his company on Saturday that Australia is a gold mine.
Retail sales

Retail sales for December slip 0.1 percent to $25.61 billion: ABS

Retail sales for December witnessed a surprising decline, as noted by the data released by the Australian Bureau of Statistics. The decline for the sales in December accounted for 0.1 percent, which was in contradiction to the market expectations of a 0.3 percent rise.
Aldi

Aldi invests $700M in 120 stores, 2000 jobs in SA and WA

German supermarket chain Aldi is invested heavily in expanding its footprint in Western Australia and South Australia. It plans to open 70 new stores in WA and 50 new stores in SA with an investment of over $700 million.

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