Ripper urges legislation to ensure locals win resource contracts
The legislation was once again asked by Opposition Leader Eric Ripper to guarantee that the major resource projects are being taken care of local companies.
Barnett evens the score with Swan as he discloses Treasury’s knowledge of the royalty mining tax hike
West Australian Premier Colin Barnett gets even with Wayne Swan by announcing that the Gillard administration had previous knowledge over his plans to raise an extra $2 billion in last week's budget. This after the latter had attacked the former regarding his increases in minor royalty.
MPs plan to withdraw from solar panel scheme
A support withdrawal from NSW Premier Barry O'Farrell is expected from the minor party MPS upon his proposal cut down solar panels incentive scheme that upsurged in cost from $355 million to $1.9 billion.
Mobile devices causing posture problems even among younger Aussies
Modern technology has taken a heavy toll on Australian’s spine health, new research has found.
Australia’s first commercial hybrid solar lighting to save 75pct energy
RMIT University’s Advanced Manufacturing Precinct has commissioned Australia’s first commercial hybrid solar lighting technology as part of the City of Melbourne’s 1200 Buildings Program, which aims to reduce energy use, save water and lower carbon emissions.
Public electricity networks in NSW, Queensland charging twice as much
Rising bills continue to plague consumers in New South Wales and Queensland as two government-owned electricity networks charge almost twice as much as privately owned operators in Victoria.
Cuts on solar scheme rebates give NSW’s O’Farrell the heat
NSW Premier Barry O'Farrell offers to implement the solar rebate cut starting from 50 or 55 cents and gradually falling in succeeding months to attain the proposed 20 cents reduction.
Australian broadband consumers over-spending by $141m on internet
While Australia is in the midst of an internet explosion, broadband consumers are over-spending on their connections by $141 million due to lack of understanding, new research has found.
IMF members challenge Europe's right to appoint new chief
With Trevor Manuel arising as South’s candidate for the chief position at International Monetary Fund or IMF, Australia and South Africa demand for change in convention.
Gas leak from a coal seam to extend for days
A major gas leaked from a coal seam gas well in the Daandine field, a property 25 kilometers west of Dalby.
Packer, Bassett buys into CatchOfTheDay, Scoopon
Following almost a month of speculation, James Packer, along with a prominent hedge fund, has moved to pick up a massive stake in daily deals sites.
Elders posts improved results, but lowers profit guidance
Agribusiness Elders (ASX:ELD) posted improved sales and earnings together with reduced debt in its 2011 interim profit announcement issued today. It however lowered its profit forecasts for full year underlying profit.
NAB sells online-exclusive discount mortgages
National Australia Bank Ltd (ASX:NAB) has taken the pricing war among the big four banks to new heights by selling discounted mortgages online.
Virgin Australia streamlines fare types from five to three
Virgin Australia (ASX: VBA) has restructured its fare system, streamlining the previous five fare types to just three.
Woolworths to accept contactless payment via VISA payWave
Woolworths Ltd is planning to roll out contactless payment facilities across all brands, to make the shopping experience quicker and more convenient and help reduce time spent waiting in checkout queues.
EPA approves new coal-fired power plant
The Environment Protection Agency or EPA has approved a new coal-fired power plant, which will use gas from brown coal and natural gas to produce electricity, in eastern Victoria.
Australian stargazers spot dark energy
Observations of more than 200,000 galaxies made with the Anglo-Australian Telescope in eastern Australia have shown that “dark energy” is real and not a mistake in Einstein’s conception of gravity.
Barnett laughs at Gilliard’s budget cautions
Western Australia Premier Colin Barnett laughed at the caution posed by the federal government that it will lose funding for major projects after using its budget to lift royalty rates.
Update: Woolworths denies sacking staff for “planking”
Staff were fired for serious breaches of health and safety guidelines, and not for planking, Woolworth says.
Westfarmers ignores shareholders
Wesfarmers (ASX: WES) has denied a plea from a group of its shareholders to put an end to Coles’ cut-price milk and dairy campaign.
Changes in the deal bring asylum seekers to 'twilight zone'
As the government plans to enforce a two-tier policy to stop boats carrying asylum-seekers, the opposition says asylum-seekers are now in a “twilight zone” on Papua New Guinea's Manus Island, with a distant chance to resettle in Australia.
Aussie exporters to shave prices as strong AU dollar continues to wreak havoc
The vast majority of Australian exporters are considering a price cut, as the Australian dollar continues to trade at levels that are causing the sector to become uncompetitive.
Blaze hits south eastern Melbourne lubricant factory
The Victorian Country Fire Authority and Metropolitan Brigade have joined forces to control a huge fire that has destroyed the TriTech Lubricant Factory.
Mortgage Choice home loan approvals hit two-year high
Australia’s largest independently owned mortgage broker, Mortgage Choice, has bucked broader industry trends in March as it reached its highest value of home loan approvals since October 2009.
Ban on building residences in flood-prone areas, backed by Aussies
Australians support the insurance industry’s calls for a ban on the building of residences in flood-prone areas, an online survey has found.
NSW cross benchers to block retrospective changes to solar feed in tariff
Cross benchers in the NSW upper house will block the O’Farrell government’s proposed retrospective legislation that would see existing feed in tariff contracts torn up for 120,000 customers.
Gillard building skilled workforce in SA
The Australian Government has invested $8.2 million towards the development of a state of the art training centre, which will allow civil construction students to train using technologically advanced simulators.
NSW home buyers: It’s a good time to invest
Despite cost of living and interest rate concerns, almost half of NSW home buyers think it’s a good time to invest in property.
To buy or not to buy? Victorians lack confidence in property market
Victorians are divided about whether now is a good time to be buying property, according to the latest poll from mortgage provider Homeloans Ltd. Compared with other states, they’re also finding high prices to be a greater barrier to home ownership.
Coalition MPs enraged by Turnbull's bout on climate policy
Liberal frontbencher Malcolm Turnbull's critical assessment of the party's climate policy received disapproval from COALITION MPs, the latter described him as a "disgrace" and "off on a frolic".