At a glance: Australian business reacts to Japan quake
Australian uranium exporters spearheaded a fall in Australian's stock market Monday after a devastating earthquake and tsunami last week hit Japan, Australia's second biggest trading partner behind China. Insurers and agricultural companies also fell, while steelmakers, oil refiners and clean energy producers were among a handful of gainers. The S&P/ASX 200 was down 1.2% at 4588.3 points around 0220 GMT after earlier hitting low of 4564.1.
Mortgage Choice CEO seeks urgent housing action
Mortgage Choice CEO Mr. Russell has welcomed the Productivity Commission report findings ratify an earlier government department report identifying the true cause of deteriorating housing affordability. Mortgage Choice is Australia's largest independently-owned mortgage broker.
Taree to benefit from training centre program
The people of Taree and District are the latest to benefit from Federal Government's ongoing investment in regional Australia with the official opening of the $6 million Manning Education Centre, a multi-purpose medical education facility in Taree today.
Japan may take years to recover from earthquake and tsunami
Japan is facing a herculean task to rebuild its economy after a massive 8.9 magnitude quake hit Friday which triggered a tsunami that destroyed most of the country's northern coastal towns. This early, economic analysts are finding it difficult to determine the scale of the human tragedy and physical devastation in the region.
Telstra offers assistance for Aussie family and friends in Japan
Telecommunications giant Telstra on Tuesday offered free telephone calls and text messages for customers wishing to check on family and friends affected by the recent earthquake and tsunami in Japan.
Japan village vanishes after tsunami
"It's all gone. There is nothing left." That was how Toshio Abe, 70, described the former village of Saito with 70 houses and 250 inhabitants which was literally wiped off after a tsunami obliterated everything in its path following a powerful 8.9 magnitude earthquake.
Japanese engineers rush to avert radiation leak from damaged nuclear reactor
Japanese engineers rush to avert radiation leak from damaged nuclear reactor in a battle to avert a looming disastrous meltdown as rescuers frantically search for thousands of missing persons and assist millions without food, water, shelter or heating after a powerful quake and tsunami hit Japan.
