COMPANIES

Solid demand for Brisbane CBD office space

Brisbane's CBD office vacancy rate has slumped from a 15 year high of 11.3 per cent in January to 10.9 per cent in July this year, according to the Property Council of Australia's mid-year Office Market Report released today.

CHOICE survey reveals grocery costs steady

A survey by consumer group CHOICE suggests that despite a marketing price war between the two major supermarkets, and an increasing focus in federal election campaigns on the rising cost of living, grocery choices have not actually changed substantially in the last year.The survey found that at Wool...

Cloned beef entered UK food chain: confirmed

The UK's Food Standards Agency has released a statement confirming that meat from the offspring of a cloned cow has been sold to consumers in the UK. Related claims of dairy from the offspring of cloned animals being sold have not yet been substantiated.While meat and dairy from cloned animals has b...

Australian Superannuation Funds Deliver Dismal Returns

Chris Bowen, Federal Minister for Superannuation says he has a lot of work ahead of him, after the results of a study suggest that the retirement savings of Australians only returned 3 per cent a year for over a decade.An ABC analysis of official statistics released by the Australian Prudential Regu...
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SunPower completes solar power installation for Australian utility

SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells panels and systems, today announced its completion of a 505-kilowatt solar power installation for Horizon Power, a government-owned utility servicing remote and regional communities and resource operations in Western Australia.

GPs resent health minister’s remarks

Family doctors will resent comments made by the Federal Health Minister Nicola Roxon that GPs who have medical practices near government-funded Super Clinics need to question the services they offer, said Dr Adrian Sheen, President of Doctors Action.

AXA affirms incurring profit loss, suffers retreat on stocks

Insurance and investment firm AXA Asia Pacific Holdings Ltd (ASX: AXA) issued confirmations on Wednesday on its earlier announcement that its net profit retreated to $219 million in first half of 2010, suffering a slide of 19 percent from the $270 million netted last year.

Westpac to pay $50,000 in damages for defamation

The High Court has ordered one of Australia's major banks, Westpac Banking Corporation (ASX:WBC), to pay a former real estate agent $50,000 in damages for defamation resulting from its mistaken dishonouring of his company's cheques.

Coalition commits to trade priorities for farmers

In A double windfall for farmers the Coalition has committed to pursuing comprehensive trade agreements - reaffirming agriculture as a central pillar in all negotiations - and returning to a dedicated, stand-alone federal trade minister who has a seat in Cabinet."Some have suggested Australia should...

Calls for clear seafood country of origin labelling

Australian prawn and barramundi farmers are this morning (Wednesday) calling on all political parties to support better country-of-origin labelling for the seafood industry.At their industry conference on the Gold Coast, farmers and industry have vowed to unite and pass a motion of support demanding...

Aevum Ltd gains rejecting Stockland

S&P/ASX200-listed Aevum Ltd. rose in Sydney trading after the Australian retirement village operator turned down an A$266-million ($242 million) unsolicited buyout proposal from its biggest shareholder, Stockland.

RBA keeps interest rates on hold again

The Reserve Bank kept interest rates unchanged for the third consecutive month today, giving borrowers another few weeks of relief from soaring mortgage repayments. The official cash rate stays where it has been since May at 4.5 per cent.

RBA keeps interest rates on hold again

The Reserve Bank kept interest rates unchanged for the third consecutive month today, giving borrowers another few weeks of relief from soaring mortgage repayments. The official cash rate stays where it has been since May at 4.5 per cent.

BrisConnections anticipates $1.88 billion capitalised costs

Construction firm BrisConnections Unit Trusts (ASX: BCSCA) said on Tuesday that it is expecting a full year capitalised construction and financing costs of $1.88 billion and basing on its latest report, the company is also revealed a capitalised costs of $551 million covering the first six months of 2010.

Retail data points to GFC ‘hangover’ says ANRA

Bleak retail growth of only 0.2 per cent in June is very disappointing and reflects challenging times for retail as it climbs out of the crater left by the global financial crisis, said Australian National Retailers Association (ANRA) CEO Margy Osmond.

Interest rate hikes cut Australians’ spending, survey says

Recent interest rate hikes have influenced the purchasing decisions of almost one in two Australians with a mortgage over the past six months, based on a retail insight survey conducted by the Australian National Retailers Association (ANRA) and American Express.

Navitas posts 31% revenue growth

Navitas, which offers university preparation, English language training, workforce training and migrant settlement services, has reported a 31 per cent increase in annual net profit and expects strong earnings growth in financial year 2010-11.

ADHD linked to processed and fatty foods

A new study from Perth's Telethon Institute for Child Health Research shows an association between Attention Deficit Hyperactivity Disorder (ADHD) and an unhealthy 'Western-style' diet in adolescents.The findings, published online in the International Journal of Attention Disorders, are based on an ...

Labor proposes National Food Plan

Federal minister for Agriculture Tony Burke today announced that an elected Labor government would introduce a National Food Plan, to examine food security, food quality, the affordability of food and the sustainability of food in Australia.The initiative would not require new funding, but instead c...

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