ozaccess Business News
The latest Business news articles, markets, rates and more.
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PM seeks advice over Optus copyright ruling - ABC Online |
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Wednesday, 08 February 2012 17:15 |
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Prime Minister Julia Gillard says the Federal Government is getting urgent legal advice on whether it needs to make changes to copyright laws. The Federal Court has ruled Optus is not breaching copyright by allowing customers to watch sporting matches ....
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$A pushes above 108 US cents - Ninemsn |
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Wednesday, 08 February 2012 17:15 |
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The Australian dollar pushed past the 108 US cent mark as markets continue to react positively to the central bank's unexpected decision to hold interest rates steady. At 1700 AEDT the Australian dollar was trading at 108.18 US cents up from 107.99 on ....
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Australia a gold standard country: BHP - Sydney Morning Herald |
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Wednesday, 08 February 2012 17:15 |
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Amid the global economic turmoil and credit squeeze, Australia remains a gold standard country to invest in, says BHP Billiton boss Marius Kloppers. Mr Kloppers said he was cautious about 2012 and its 'risk premia' along with shortages in a skilled ....
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Decmil in five - year deal with Rio Tinto - Perth Now |
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Wednesday, 08 February 2012 17:15 |
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DECMIL Australia is set to cash in on Rio Tinto's $18 billion expansion plans in the Pilbara as the miner's preferred civil contractor. The company's share price surged 4 per cent, or 10 cents, on the news to $2.60 at 12.30pm today....
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CBA on notice after Qld govt pay glitch - Ninemsn |
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Wednesday, 08 February 2012 17:15 |
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The Commonwealth Bank's payroll contract with the Queensland government will be reviewed if there's another system glitch, the state treasurer says. Andrew Fraser met with senior Commonwealth Bank executives after a bank glitch meant about 15000 police ....
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Qantas A380 Aircraft Grounded in Sydney After Cracks Found in Wing Parts - Bloomberg |
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Wednesday, 08 February 2012 17:15 |
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Qantas Airways Ltd., Australia's largest carrier, suspended use of one of its Airbus SAS A380 passenger jets for as long as a week after discovering cracks in wing parts. The aircraft has been grounded since Feb. 5, spokesman Thomas Woodward said by ....
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Bed closures unprecedented, nurses say - Sydney Morning Herald |
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Wednesday, 08 February 2012 17:15 |
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More hospital beds are closing across more areas than ever before in Victoria under the Baillieu government, with hundreds to remain closed indefinitely, the nurses' union says. After recording that 'an unprecedented' 1516 hospital beds were closed for ....
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Rio Tinto to Invest $3.4 Billion More in Australian Iron Ore - Wall Street Journal |
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Wednesday, 08 February 2012 15:15 |
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By ROBB M. STEWART MELBOURNE'Rio Tinto PLC said a further US$3.4 billion has been earmarked for the expansion of its iron ore operations in Western Australia, adding to the vast sums of money being invested in the remote, arid Pilbara region....
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Webjet says profit up 17 per cent - NEWS.com.au |
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Wednesday, 08 February 2012 15:15 |
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ONLINE travel agent Webjet is claiming the position of market leader after reporting a double-digit lift in first half net profit. Webjet said net profit for the six months to December 31, 2011, rose 17 per cent to $5.88 million....
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Fraser pledges 'review' if bank errors continue - Sydney Morning Herald |
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Wednesday, 08 February 2012 15:15 |
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The Queensland government will review its contract with the Commonwealth Bank if there are further processing problems with public sector salary payments. The Commonwealth Bank has accepted responsibility for more than 15000 Queensland Police Service .... Read more...
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BHP profit still in league of its own - Sydney Morning Herald |
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Wednesday, 08 February 2012 15:15 |
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BHP Billiton has reported a rare fall in earnings, hurt by labour battles and weaker commodity prices, but the result shows it is still in a different league from its would-be rival: Glencore-Xstrata. Despite the 6 per cent drop in half-year profit to .... Read more...
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Gunns in 'best position' to build pulp mill - ABC Online |
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Wednesday, 08 February 2012 15:15 |
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ELEANOR HALL: The head of the Gunns timber company is expressing confidence today that his company will finally get the finance it needs to build Australia's biggest pulp mill in northern Tasmania. The white knight for the $2.3 billion project is a ....
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Markets Live: Shares find some energy - Sydney Morning Herald |
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Wednesday, 08 February 2012 15:15 |
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Australian shares hover as investors digest earnings reports from BHP and other companies, and bailout takes continue in Greece. 3.05pm: All sectors with the exception of utitilities (-0.2%) are in the black, with gains led by energy stocks, ....
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Suncorp to send 65 more jobs offshore: FSU - Trading Room |
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Wednesday, 08 February 2012 15:15 |
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Suncorp Group is the latest financial services company to announce redundancies, by sending 65 accounting positions to India. Finance Sector Union (FSU) national secretary Leon Carter said two thirds of the positions would come from Brisbane and the ....
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Carbon tax to add to Alcoa uncertainty caused by high dollar, higher input costs - The Australian |
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Wednesday, 08 February 2012 15:15 |
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ALCOA says a carbon tax will make life harder for the company as it reviews the future of its Victorian smelter and the jobs of up to 600 workers. However Alcoa Australia managing director Alan Cransberg said today the looming tax was not the reason ....
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