Industry News
The chief executive of Australian rare earth mining company Arafura has resigned.
Hammer to fall on fashion fortress
The American mansion of Italian designer Gianni Versace is going up for auction, and is expected to top $US125 million when it does.
G20 summit to quell sea of protests
The world's economic crisis response team will look at the prospect of more market volatility today, as finance ministers and central bankers gather in Moscow to chart a course towards global economic recovery.
Breakdown of Motor City finance
The US city of Detroit has taken the dubious honour of being the largest city in the country’s history to file for bankruptcy, drowning in a debt of $US18.5 billion.
Alarm over FBT adjustment
A group of companies is looking to meet with the Federal Government over its planned changes to the fringe benefits tax, after they were announced to offset the cost of shifting carbon price plans.
Farmers firing on grain sale
Farmers are calling for the Government to intercede and block the sale of Australian grain company GrainCorp to Archer Daniels Midland (ADM), a major group in global agribusiness.
Billabong surfs past buy-out
Billabong has rejected a buy-out offer from hedge fund investors, saying the proposal was unacceptable.
Minimum score imposed at UNSW
The University of NSW will require a minimum entrance score to enrol in any of its courses next year, breaking step with the government's expansion agenda.
Cheating reaches riot level
Cheating may be cause for alarm for many high-school teachers and students, but it has lead to a riot in China for a surprising reason.
PM joins in to save QLD schools
Plans to sell off three school ovals and cram two large schools into one have been ditched in Queensland.
Swan says homes can form support
The former treasurer says Australia’s housing market could prop up the economy during a downturn in mining profits.
Taliban target speaks for schooling at UN
The Pakistani teenager who was shot in the head by the Taliban for promoting female education has made an address to the United Nations, and received a letter from her attackers.
Uphill battle brewing on ETS plan
Some legislative hurdles will need to be cleared for the Prime Minister’s plan to bring forward an Emissions Trading Scheme.
Recycling ramped up in Victoria
The Victorian Government has announced a $2.4 million funding boost to seven innovative recycling projects.
Five jump on the Farm Finance wagon
New South Wales government authorities have been cleared of concerns they would be footing the bill for administering the Federal Government’s Farm Finance plan, and have gladly signed on for funds.
QLD digs in to EIS reform
The Queensland Government has opened the door even wider for mining companies in the state, with more cuts to red tape for investors.
NBN port held for Gov. use
One of four data ports on NBN Co equipment will be reserved exclusively for Government use, theoretically allowing health, education and other services to be delivered free and uninterrupted to homes.
Western NSW goes for equal split
A $227,000 Regional Development Australia grant will be spread evenly between all towns in the shire to which it was awarded.
Axe swings over ACT public exec's
Federal Government savings of $248 million have been made at the cost of 800 jobs in the public sector.
PM puts lid on spills
Kevin Rudd has announced plans to strip unions of their political power within the Labor party, sending several into crisis-mode.
Council goes for growth
A north Queensland council has presented a list of demands to companies looking to start a bauxite mining venture, pitting five companies against each other for the right to dig near the Watson River.