Australian telco giant Telstra (ASX:TLS) says mobile services should be largely restored by tomorrow after significant progress in restoring thousands of services disrupted and damaged by Cyclone Yasi in Far North Queensland.
Energy company Jatoil Ltd (ASX:JAT) has signed a binding letter of intent to acquire four coal exploration permits and permit applications in the Galilee Basin in central Queensland.
Today George Weston Foods Limited (GWF), a division of Associated British Foods (ABF), announced Andrew Reeves as its new Chief Executive, to lead the company's future growth.Andrew starts his new role with GWF in April 2011, following the departure of the company's previous Chief Executive, Geoff Starr. Over the past five years, Geoff led significant change at GWF and the broader industry through his board membership of the Australian Food and Grocery Council and Foodbank Australia.Andrew...
St.George Bank says customers who are suffering financial hardship as a result of the current bushfires near Perth, should contact the bank as soon as possible to discuss their individual circumstances and seek assistance.
Although the popularity of fixed rate home loans remains higher than the last couple of years, it barely rose as 2011 began.
JB Hi-Fi Ltd (ASX:JBH) has booked a record half-year net profit of $87.9 million, up 15.6 per cent on the first-half of 2009/10.
Myer Holdings Ltd (ASX:MYR) says it will acquire a 65 percent stake in Australia’s women’s fashion brand sass & bide for $42.25 million.
Properties initially assessed as damaged by the Queensland floods have been reduced by up to 70 percent, according to the latest estimates released on Monday by the Insurance Council of Australia.
AGL Energy Ltd (ASX:AGK) has sliced its earnings forecast for the 2011 financial year as a result of recent extreme weather events in Queensland, New South Wales, Victoria and South Australia.
The Queensland floods notwithstanding, job availabilities flashed in newspapers and online ads surged in the month of January, according to the latest ANZ Job Advertisements Series survey published on Monday.
Department store David Jones Ltd (ASX:DJS) will end its supply arrangement with Australian brand sass & bide following its decision not to acquire a stake in the brand.
Small businesses in Queensland, Victoria, New South Wales, Western Australia and Tasmania are expected to benefit from a $1 billion lending package set aside by the Commonwealth Bank (ASX: CBA) to support businesses across flood and cyclone affected areas.
Xstrata North Queensland is recommencing its Mount Isa Mines operations and is focusing on getting its North Queensland operations back online following Cyclone Yasi.
The recent cyclone in Far North Queensland has caused substantial damage to banana crops which will severely affect availability and prices in the weeks and months to come, according to Australian retail giant Woolworths (ASX: WOW).
A worker’s union called the attention of the Commonwealth Bank of Australia (CBA) on its controversial social networking policy, in which employees could be terminated if their Facebook accounts carry unsavoury remarks about their employer.
Retail banks have announced emergency relief packages providing a number of measures to assist affected customers avoid financial difficulty as a result of Cyclone Yasi.
ABC former presenter, Andy Muirhead enters not guilty plea at Hobart Court Thursday, to two counts of child pornography charges hurled against him by the Australian Federal Police.
Australia's sugarcane crop has suffered devastation as farmers venture out to survey their properties in the wake of category five Cyclone Yasi, whose destructive eye broke land at Mission Beach and passed over Tully, inland bound, last night.Crops have been devastated in Yasi’s wake, the hardest hit being sugarcane – with initial loss estimates at around $500 million for the industry alone. A sugar-growing heartland, sugarcane growers in north Queensland will again bear the brunt of losses,...
The Australian Banana Grower's Council today warned consumers that the Australian banana industry, which escaped flood damage, had suffered devastation as a result of tropical cyclone Yasi.Banana growers across Far North Queensland, in particular Innisfail and Tully, have been the worst affected by the cyclone, according to ABGC Chairman Cameron MacKay.
Rising costs of oil and jet fuel in the world market pushed Qantas Airways Ltd to increase its fuel surcharge by more than 50 percent, which the national carrier said would applied on specific international flights.
Australia’s two largest telecommunications companies have both reported service outages in the aftermath of Cyclone Yasi.
Channel Seven Sydney Pty Ltd breached the Children’s Television Standards 2009 (CTS 2009) provisions restricting the use of popular personalities and proprietary characters in endorsing commercial services during children’s programming periods, the Australian Communications and Media Authority (ACMA) has found.
US-based magazine Forbes released on Thursday its collection of Australia’s richest and listed as number one is mining magnate Gina Rinehart, with a current net worth of $US9 billion.
Overall motor vehicle sales in January retreated a bit as consumers appeared to reallocate their resources on more pressing needs due to the flooding disaster that had hit many Australian states.
Activity in Australia's services sector slowed further in January, with new orders, retail trade and employment all softening.
BHP Billiton (ASX: BHP) says its Jansen potash project has progressed into the feasibility study phase, an advanced stage of the company's project approvals process.
The Australian Competition and Consumer Commission (ACCC) finally gave its go signal for the five-year partnership sued for by Virgin Blue Holdings Ltd and Abu Dhabi-based Etihad Airways, paving the way for the two airlines to closely cooperate in providing flight services to their networks.
Action on a carbon price and measures to lift productivity and workforce participation so Australia can take full advantage of the new resources boom and a period of economic growth must be the focus of the 2011-12 Federal Budget, says the only peak council and national centre representing the Australian workforce.
Australian national carriers Qantas Airways Ltd (ASX:QAN) has suspended flights to and from Cairns and Townsville airports until Friday 4 February following the closure of both airports today in response to tropical cyclone Yasi.
Optus Network engineers continue to closely monitor Cyclone Yasi in Far North Queensland and are preparing to respond to any impact to the Optus Network, according to Australia's second-largest telecommunications carrier.
