South Brisbane decision conflicts with own land conservation principle
The Property Council of Australia today said that the State Government's move to decrease possible building heights in the South Brisbane area contradicts with the intent of the Government's own South East Queensland Regional Plan (SEQRP) and will negatively affect landholders in the area.
SunPower completes solar power installation for Australian utility
SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells panels and systems, today announced its completion of a 505-kilowatt solar power installation for Horizon Power, a government-owned utility servicing remote and regional communities and resource operations in Western Australia.
GPs resent health minister’s remarks
Family doctors will resent comments made by the Federal Health Minister Nicola Roxon that GPs who have medical practices near government-funded Super Clinics need to question the services they offer, said Dr Adrian Sheen, President of Doctors Action.
Toyota gives first Australian eco-dealership award
Patterson Cheney Toyota in Dandenong Victoria has become the first car dealership in Australia to achieve a 5 Star Toyota Environmental Dealership (TED) rating.
Westpac to pay $50,000 in damages for defamation
The High Court has ordered one of Australia's major banks, Westpac Banking Corporation (ASX:WBC), to pay a former real estate agent $50,000 in damages for defamation resulting from its mistaken dishonouring of his company's cheques.
Home price growth slows less than expected
Australia's home price growth slowed less than predicted in the three months to June, as interest rates climbed and buyer demand weakened.
ABS: Australian’s short-term overseas trips record high
Australian residents made a record 6.8 million short-term trips overseas in 2009-10, according to the latest data issued today by the Australian Bureau of Statistics.
Services activity down in July
Activity in the service sector contracted in July, as government stimulus fades, according to a report.
Stewarts Transport in court for underpaying driver $3200
The Fair Work Ombudsman has started a prosecution against Stewarts Transport & Logistics Pty Ltd, a Bendigo transport company, for allegedly underpaying a worker $3200.
Stronger commodities, weaker $US boost Aust dollar
The Australian currency opened higher on Wednesday, amid strong commodity prices and a weaker US dollar as traders await a round of profit-taking during the domestic session.
Rio to shell out $US790m for Pilbara expansion
Global miner Rio Tinto Ltd (ASX: RIO) is planning to invest another $US790 million ($A866 million) to grow its iron ore operations in Western Australia's Pilbara region.
Aussie stocks gets weak offshore lead
The Australian stock market has received a weak lead from Wall Street where dismal earnings and economic data put an end to the recent rally.
RBA keeps interest rates on hold again
The Reserve Bank kept interest rates unchanged for the third consecutive month today, giving borrowers another few weeks of relief from soaring mortgage repayments. The official cash rate stays where it has been since May at 4.5 per cent.
Australian dollar up on RBA rates data
The Australian dollar climbed after falling slightly on weak retail and building approvals figures late this morning, ticking back up about a fifth of a US cent after the Reserve Bank announced cash rates would remain on hold at 4.5 per cent until at least next month.
RBA keeps interest rates on hold again
The Reserve Bank kept interest rates unchanged for the third consecutive month today, giving borrowers another few weeks of relief from soaring mortgage repayments. The official cash rate stays where it has been since May at 4.5 per cent.
GetUp launches TV ad as Abbott delays paid parental leave
After parodying Julia Gillard's climate policy in a TV ad earlier this month, GetUp, an independent Australian advocacy organisation, has turned its attention to Tony Abbott in a new commercial featuring the Coalition leader's statements about abortion, the cervical cancer vaccine and the role of women in society.
Building approvals cast doubt on residential building upturn as commercial building also weakens
Another decline in dwelling approvals in June is further proof of a wavering residential building upturn, and notwithstanding a monthly increase, there has also been a significant fall in non-residential building approvals as the boost from the Government's economic stimulus fades, according to the peak body for the building and construction industry, Master Builders Australia.
Retail data points to GFC ‘hangover’ says ANRA
Bleak retail growth of only 0.2 per cent in June is very disappointing and reflects challenging times for retail as it climbs out of the crater left by the global financial crisis, said Australian National Retailers Association (ANRA) CEO Margy Osmond.
Household goods ups retail trade slightly in June
The latest Retail Trade figures from the Australian Bureau of Statistics indicate retail sales edged up 0.2 per cent in June, seasonally adjusted, compared with an increase of 0.2 per cent the previous month.
Approved dwellings down 3.3% in June, says ABS
The total number of dwellings approved slumped in June this year, and has been in the downward trend for three months in seasonally adjusted terms, according to the Australian Bureau of Statistics Building Approvals.
Approved dwellings down 3.3% in June, says ABS
The total number of dwellings approved slumped in June this year, and has been in the downward trend for three months in seasonally adjusted terms, according to the Australian Bureau of Statistics Building Approvals.
Unions NSW: Workers in Northern Rivers concerned about Abbott
Working people in the Northern Rivers are concerned about what an Abbott-led Coalition Government would mean for them, according to Secretary of Unions NSW, Mark Lennon, who has spoken to labor forces in the area over the last 24 hours.
$37m lawsuit shifts focus from DJ's spring-summer launch
A record $37 million lawsuit brought against Australian department store David Jones (ASX: DJS) by one of its employees is overshadowing the retailer’s launch of its spring-summer fashion collection.
$37m lawsuit shifts focus from DJ's spring-summer launch
A record $37 million lawsuit brought against Australian department store David Jones (ASX: DJS) by one of its employees is overshadowing the retailer’s launch of its spring-summer fashion collection.
Virgin Blue begins Sydney to Uluru flights
The Virgin Blue Group of Airlines this morning sent off its first Sydney to Uluru service.
Interest rate hikes cut Australians’ spending, survey says
Recent interest rate hikes have influenced the purchasing decisions of almost one in two Australians with a mortgage over the past six months, based on a retail insight survey conducted by the Australian National Retailers Association (ANRA) and American Express.
Navitas posts 31% revenue growth
Navitas, which offers university preparation, English language training, workforce training and migrant settlement services, has reported a 31 per cent increase in annual net profit and expects strong earnings growth in financial year 2010-11.
Aust dollar half a US cent stronger on stock gains
The Australian dollar opened more than half a US cent stronger as equity markets rallied and commodity prices surged overnight.
Australian stocks to rise on positive offshore lead
The Australian share market is expected to jump after it has received positive leads from offshore trading overnight.
Caltex Australia launches new biofuel
Caltex Australia (ASX:CTX) today launched a high ethanol-based fuel designed for use in Holden's VE Series II Commodore flex-fuel vehicles to be released later this year.