Aston Resources price slash to increase interest
Nathan Tinkler's initial public offering for Australian developer of coal projects Aston Resources has been lowered by about 25 per cent to secure investor interest and a stock exchange listing.
Mining boss not voting Gillard
Atlas Iron Ltd (ASX:AGO) chief executive David Flanagan said he would not vote for Julia Gillard, whom he labeled a "tax queen" given the government's plan to impose the revised levy.
Programmed eyes growth opportunities
Programmed Maintenance Services Ltd (ASX:PRG), a provider of staffing, maintenance and project services, says it forecasts offshore oil and gas opportunities to improve its second half, after earlier predicting a moderate increase in annual profit.
Financials pull down share market
The Australian share market was lower in early afternoon trading, dragged down by subdued financial stocks after a flat close on offshore markets overnight.
Boral completes retail bookbuild
Building products firm Boral Ltd (ASX:BLD) announced today the completion of the retail component of its accelerated renounceable entitlement offer.
Rates pause may extend
The Reserve Bank of Australia's quarterly monetary policy statement released today suggests the current pause in interest rate rises could be prolonged.
Court dismisses Rio Tinto Pilbara case
Rio Tinto (ASX: RIO) has welcomed the Federal Court's move to dismiss a case to a non-union workplace agreement affecting its iron ore operations, while the Construction, Forestry, Mining and Energy Union (CFMEU) said it was considering a High Court appeal.
Fortescue deal boosts Downer EDI
Downer EDI (ASX:DOW) saw its shares rise upon finalising a $3 billion contract with Australian miner Fortescue Metals Group (ASX:FMG).
Construction down in July
Australia's construction sector dived in July, with firms in the commercial and engineering sectors reporting particularly difficult conditions, according to data released today.
Lipton sales up after going green
Australia's leading tea brand Lipton Quality Black have grown at a rate faster than the market since its maker Unilever decided to procure tea from sustainable plantations.
Commonwealth and State tax regimes kill great Australian dream of home ownership
Out of control property taxes combined with rising costs of living are trashing the dream of homeownership for tens of thousands of Australians, according to REINSW, a major professional association for real estate agents and other property professionals in the country.
Australian market to open flat
The Australian stock market is set for a flat start after an unexpected rise in jobless claims and weak retail sales data in the US resulted in a moderately lower Wall Street.
Stronger Aussie dollar after weak US data
The Australian currency opened higher after more disappointing US data was released ahead of important US jobs figures.
Miners buoy Australian share market
The Australian share market closed stronger thanks to higher mining stocks.
Maggie Beer Products recalls chicken stock
Maggie Beer Products is voluntarily conducting a consumer level recall to remove from shelves and homes all of its 500mL Chicken Stock in the 29248 batch.
200 affordable rental houses approved for Ballarat residents
The Hon Tanya Plibersek, Federal Minister for Housing, today announced the building of 200 national affordable houses in Ballarat to be provided by Ethan Affordable Housing.
Parliament rally puts spotlight on political parties to come clean
Yesterdays farmers' and environmentalists' rally at Parliament House has put the spotlight on the State Government and the LNP Opposition over their support for dirty industry, according to Queensland Conservation.
Growth continues in farmed salmon production earnings
The value of farmed salmonid production climbed by 7 per cent to $323 million in 2008-09, based on the latest ABARE-BRS Australian fisheries statistics 2009 report.
Cleveland Mining to list on ASX
Australian gold company Cleveland Mining Limited plans to list on the Australian Stock Exchange, according to a company statement released today.
McInnes returns to face court
Mark McInnes has returned to the country to defend allegations against him in a $37 million sexual harassment case, raising questions about what contractual obligations the former chief executive of David Jones (ASX: DJS) has to the Australian retailer its own defense in the case.
It’s time for better banking, says finance union
The Finance Sector Union today renewed calls for banking regulation as ING Direct's latest quarterly Financial Wellbeing Index showed that Australian households are under rising pressure to get personal debt under control.
Australian retailers urge government to reject plain packaging for cigarettes
The Alliance of Australian Retailers today called on the government to abandon its policy to require plain packaging for tobacco.
Australian taxpayers may lose right to claim work-related expenses if Labor wins
Hard-working Australians are in danger of losing their right to claim work-related expenses, and may even lose their tax refunds if Labor wins the next federal election and moves to adopt a key recommendation of the Henry Report, according to National Tax & Accountants' Association (NTAA).
Sensear completes A$7.1m round of private funding
Sensear, a Perth-based developer and manufacturer of high noise communication headsets, today announced the completion of a A$7.1 million private funding round backed by existing shareholders. The capital infusion will be used to fortify global sales growth and enhance Sensear's technology and product range.
Demand for Australian office space regains strength
Demand for Australian office space has recovered after the global financial crisis, with research from the Property Council of Australia showing figures over the last six months at double the 20 year average.
Gold Coast has highest office vacancy in Australia, says report
The Gold Coast's office vacancy rate has continued to climb and is the highest in Australia, according to a mid-year Office Market Report released today by the Property Council of Australia.
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.
Brisbane Fringe office vacancy hits its highest in 7 years
Brisbane's Fringe office vacancy rate recorded its highest level since January 2003, rising from 11.4 percent in January to 12.2 percent in July this year, according to the Property Council of Australia's mid-year Office Market Report released today.
Health organisation urge political parties to support plain packaging of tobacco
Cancer Council Australia and the National Heart Foundation of Australia today called on all political parties to back the plan to phase in plain packaging of tobacco products, as a new, big-budget media campaign funded by the tobacco industry seeks to roll back the important health measure.
Home Loan Hints survey shows consumers want advice they can trust
Education and advisory services are not simply a significant component for any home loan related vendor but have become essential, according to a new consumer survey conducted by Home Loan Hints, at a time when consumers say they cannot trust most of the home loan advice on offer.