Sharon Olalia

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Qantas slashes jobs, flights amid rising fuel costs

Qantas (ASX: QAN), Australia's national carrier, says it is decreasing staffs and flights in response to high oil and jet fuel prices and the impact of significant natural disasters in Japan, New Zealand and Australia.

Thiess secures BHP iron ore infrastructure contract

Leighton Holding Ltd (ASX: LEI) subsidiary Thiess has won a $166 million contract to provide bulk earth works and selected infrastructure for BHP Billiton Iron Ore’s Jimblebar mine near Newman in Western Australia.

Emerging Asian bond markets post solid growth in 2010 - ADB

Emerging East Asia's local currency bond markets lifted by 13.6 per cent to $5.2 trillion in 2010, propelled by strong growth in corporate bonds that helped to offset a decrease in issuance by central banks and some governments in the last quarter of 2010.

Rio Tinto’s Riversdale takeover on hold

Despite of the bid deadline late yesterday, the management of Rio Tinto is still in negotiation with one of the major Riversdale Mining shareholders to assure a majority stake in the Africa-focused mining company.

Property Council: ULDA good for Queensland

The Property Council of Australia has raised concerns over comments made by Lord Mayor Campbell that the powers of the Urban Land Development Authority (ULDA) would be wound back under a LNP State Government.

Top PayDay Lenders in Australia

If you are one of those people who are in pressing financial situations and need money fast, here is a list of companies that can provide you payday loans or cash in no time.

Coles explains substantial discounts

Wesfarmers stoop up to its decision to apply considerable discounts to liquor and dairy products. Coles' parent company started engaging in aggressive price discounting as part of its efforts to rebuild the reputation of the retailing giant.

RBA sees rise in foreign investments

The Reserve Bank of Australia (RBA) anticipates a substantial increase in foreign investments in Australia as the mining boom persists, says The Australian newspaper. Based on the report, foreign capital is expected to rise by as much as $120 billion.

NAB Private Wealth appoints top private bankers

National Australia Bank (ASX: NAB) says NAB Private Wealth has appointed two of Australia’s top private bankers from international private banks, expanding its capabilities in Australia.

Aussie Navy opens high-tech warship simulator

Junior officers in the Royal Australian Navy will learn to pilot the next generation of warships, in an upgraded $10m training facility at HMAS Watson, Sydney, which will be officially opened tomorrow.

Government introduces NBN amendments

The Australian government has introduced more than 20 pages of amendments for the National Broadband Network legislation, with the intention of delivering a universal wholesale price for Australians ahead of the network's construction.

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