Sharon Olalia

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TNT opens new depot in East Arm

Freight company TNT announced in a statement today it had launched a new $6 million depot in East Arm, signalling its expanding international business and ongoing commitment to the Darwin region.

BAA: Government should consider biofuels

The Biofuels Association of Australia today called on both sides of the federal election to consider how renewable and sustainable fuels can play a role in directly reducing carbon emissions and balancing Australia's fuel trade deficit.

Shell may join Woodside-rival Chevron

Oil major Royal Dutch Shell is likely to join Chevron's Wheatstone liquefied natural gas project in competition with Woodside Petroleum's Pluto project.

Union says Telstra lay offs attack customer service

Australian telecommunications and media company Telstra (ASX: TLS, NZX: TLS) is continuing with its plans to lay-off the 900 operational employees announced several weeks ago, according to a statement released today by the Communications Electrical Plumbing Union.

House prices growing at slower pace

Australian house prices continue to increase in most capital cities, but growth pace is slowing, according to a June quarterly house price report released today by online real estate data group Australian Property Monitors (APM).

ABCC wins $1.3m over West Gate Bridge dispute

The Office of the Australian Building and Construction Commissioner (ABCC) has secured a record workplace relations penalty of $1.325 million as a result of a legal proceeding initiated by the ABCC in response to a protracted union demarcation dispute at the West Gate Bridge strengthening project in 2009.

Gwyneth Paltrow country singer

Gwyneth Paltrow, who is married to Coldplay frontman Chris Martin, is following in her rock star husband's footsteps. The Oscar-winning actress is set to launch her own music album.

Official inflation data ease rates pressure

The consumer price index, the key measure of inflation in the economy, rose by 0.6 per cent in the three months to June from 0.9 per cent in the March quarter, according to the Australian Bureau of Statistics.

Another annual loss for Alesco

Australian industrial brands business Alesco Corporation (ASX: ALS) has posted another annual net loss and remains cautious about the coming 12 months.

Talks address NBN skill shortfall

The Broadband Industry Training Network, a newly formed group, will convene in Melbourne tomorrow to address the lack of skilled technicians needed to construct the national broadband network.

Macarthur Coal Q2 production slumps

Macarthur Coal (ASX: MCC) has announced an 11 per cent drop in coal sales in the June quarter against the previous corresponding period. The company, however, noted that it has achieved a sales record for the June 30 financial year.

Inflation up in June quarter says survey

The consumer price index (CPI), the key measure of inflation, is believed to have increased in the June quarter by 1 per cent for an annual rate of 3.4 per cent, an AAP survey of 11 economists shows.

Australia’s house shortage to aggravate

Developer Australand Property Group (ASX:ALZ) says housing affordability will become more and more difficult due to higher interest rates although the company remains well placed to meet Australia's housing shortage.

Telstra Foundation commits $3.5m for indigenous youth programs

Telstra (ASX:TLS), through its philanthropic arm, today committed $3.5 million to support five projects driven by Indigenous leaders to improve education, create leadership opportunities and promote cultural pride among young Indigenous Australians, according a statement from the Telstra foundation.

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