COMPANIES

In a bid to help confused Australian consumers and in a fight back for the country's embattled pork producers, Australian Ham Week will be launched today (5 July).Australian pork producers have for some time now been battling against the flood of subsidised imports from Denmark, for bacon and the US...

Female, baby boomer with a supply of working capital and a coffee machine - that's the profile of a hospitality success story, according to a new industry index.The inaugural Hospitality Industry Success Index (HISI), developed by national equipment financier Silver Chef, was unveiled in Brisbane la...

Cancer specialists in Australia are calling for a national policy on genetic testing of cancer patients in public and private hospitals to identify who can receive particular drugs that work only in the presence or absence of a particular gene.

Motorola Inc. has announced it would break up into two distinct units with one making networks and telecommunications equipment and the other making handsets and home entertainment products.

Talks over the Gillard government's watered down mine tax announced on Friday carry on as junior iron ore companies propose further concessions in a meeting with Resources Minister Martin Ferguson in Perth today.

NBN Co, the broadband company, has chosen Melbourne as the site for its Network Operations Centre (NOC) and Test Facility to monitor and manage the National Broadband Network (NBN)

Andrew Forrest, chief executive officer of Fortescue Metals says that PM Gillard’s new tax on mining had placed only a “reasonable framework” for further negotiations.

Terrafugia, a company based in Woburn, Massachusetts, announced plans to release a car-plane hybrid.

Toyota Australia is set to announce its second round of recall in a week’s time following the car manufacturer’s detection of a fault with a number of its Lexus and Land Cruiser model.

Motorola announced on Thursday that the company would be divided into two separate entities by next year, with one division focusing on handset developments and the other training its attention on professional safety equipments.

Big miner Xstrata will resume a key project that it postponed after former Prime Minister Kevin Rudd proposed the troublesome resources super-profits tax.

Household goods retailer Harvey Norman will acquire most of the branches of its falling competitor Clive Peeters for $55 million. Clive Peeters receiver and manager Phil Carter announced this morning that details are still being finalised, with the number and location of the stores to be disclosed next week.

International passenger traffic on Australia’s airports saw a sluggish growth in April as fresh government figures showed that a total of 2.059 travellers passed through in and out of the country in the month, which is a 4.2 percent improvement from the 1.976 million posted on the same corresponding month last year.

Following the news of a revamped mining tax, a lobby for smaller mining companies argued that the federal government's decision was shaped out with the big three miners at the expense of others.

Global miners were encouraged by Gillard's announcement of a revamped resource super-profits tax, which has previously infuriated the industry in its original state.

The Queensland government is seeking a new contract with Chinese aluminium producer Chalco, but may exclude a bauxite mine, which was part of the original deal.

Metal producers welcomed the possibility that they may be exempted from the Gillard government's modified resource super-profits tax, arguing that they deserved to be treated differently to bulk commodities coal and iron ore.

Australian Prime Minister Julia Gillard will hold a news conference in Canberra early Friday to announce a deal between the government and big miners has been struck, ending a dispute that removed her predecessor from office.

A recent GfK Roper "Gut Check" survey*, sponsored by Align, showed some common misconceptions about the digestive system. The U.S. national online survey was conducted to find out how people feel about their digestive system and what actions they take to keep it functioning normally.Survey results a...

For the first time in the Royal Queensland Wine Show's 133year history a trophy for the best gold medal winning Queensland wine made and produced in Queensland by a Queensland winery has been awarded to Ballandean Estate Wines Gen 3 Shiraz 2007 at the 2010 Royal Queensland Wine & Food Show Award...

Australian banking major CBA will have a class action law suit filed against it by investors who lost their money during the collapse of Storm Financial.The class action law suit will be filed today on behalf of former Storm investors who are not satisfied with the already agreed compensation deal. ...

Australian lenders have begun the process of securitising their asset backed debt into US dollar denominated securities, which may have the impact of boosting competition in the market for mortgage lending.Over the last week Macquarie Group and Members Equity have both begun selling US dollar denomi...

North Queensland Metals Ltd (NQM) says its belief that Conquest Mining Ltd's recent acquisition offer was insufficient has been validated by new mining producing heavy gold results.

John Borghetti, the new boss of Virgin Blue, has moved to take matters to his hands in trying to shift around the fate of its loss-making subsidiary, V Australia.

An enormous Papua New Guinea gas project can potentially put the impoverished nation on the path to economic sustainability, according to Australian Trade Minister Stephen Smith.

The government of Queensland has announced that it intends to push ahead with QR National’s public float despite coal companies’ offers to purchase the coal rail network.

Toro Energy Ltd said on Thursday that it is presently negotiating with potential buyers from Japan and the United States to purchase uranium ore from its planned Wiluna project in Western Australia, which is projected to commence deliveries by 2013.

Greens leader Bob Brown warned today that any agreement on the RSPT reached behind closed doors could be amended in the Senate.

River Murray irrigators in South Australia will start the new fiscal year with an opening allocation for irrigation at 21 per cent today.