Mac's $15bn global fire sale; Coal, ore exports to drop by $30bn; Reynolds wins construction union vote; Wealth slump fuels case for more rate cuts; Citi, ABN the latest to slash finance jobs
The nation's nuclear science chief says lifting the ban on new uranium mines in Western Australia will prove a positive step for the cause of nuclear energy, although the federal government will ensure any moves are closely regulated.
Resource state lifts its ban on uranium mines; Lion Nathan's $8bn bid fails to impress Coca-Cola; BHP under fire as market tips deeper ore price cuts; Japan recession hits markets; Labor's $2bn bid to save car yards
National Australia Bank chief executive John Stewart took home more than $8 million in fiscal 2008, a slight decline from the previous 12 months, although the bank's share price dropped by 39 per cent over the same period.
Retail sales in the September quarter were virtually flat, signalling that more interest rate cuts are on the way amid a decline in consumer confidence, economists say.
Beverage group Coca Cola Amatil says it has received a merger proposal from Australia's second-largest brewer, Lion Nathan, that values the target at around $7.61 billion.
G20 backs new growth push; Windfall will go to WA and Victoria; BHP faces ore export plunge; Collapse of ABC to fuel legal overhaul; Ban all native forest logging - Conservation Council
Privately owned miner Consolidated Minerals has been hit by plunging commodity prices, advising staff this week that it plans to close two of its Western Australian mines and cut employment of staff and contractors by 180 positions.
ETS risks loss of Sunrise to Timor, warns Voelte; CBA faces $2bn debt threat; Jobs go in Westpac merger; States revolt over carbon plan; Shares dive as US shakes up financial bail-out
Radio broadcaster Austereo Group says the market is more demanding and its first half results will be slightly lower than the previous comparable period.
Legislation imposing permanent restrictions on short selling needs to pass parliament before it rises for the long Christmas break next month, Corporate Governance Minister Nick Sherry says.
Newspaper publisher and multi-media owner Fairfax Media sees tough trading conditions for some time but says it is better prepared than ever to take advantage when recovery occurs.
Petrol price cut demand snubbed; Banks start to wield job axe; WA Opes Prime case could be waste of time, bank claims; ABC plea for new bank lifeline; Struggling Rick Hart owner looks at all options
The Note had the pleasure of chatting to Chicago-based Avi Eilon from Hudson Shipping, a joint venture partner in United Bulk Carriers with CBH Group’s grain marketing arm Grain Pool.
ALCOA has shelved the proposed expansion of the Wagerup alumina refinery in WA, estimated to cost approximately $3 billion, amid weakening demand and volatility in financial markets.
FINE food and wine retailer The Grocer in Nedlands brings a wide range of quality food and wine from around Australia and the world to its hamper selections.
RECREATION industry training advisory body FutureNow-Learning for Life has appointed former Australian rugby union representative and Investec Bank executive John Welborn as its chairman.
Powering up in the SWIS A NEW power station in the suburb of Naval Base opened last week, ensuring a capacity boost of 10 per cent to Western Australia’s power supplies.
URANIUM miner Paladin Energy says demand for the commodity, widely touted as a growth sector under the Liberal state government, remains extremely strong in the medium to long term.
HIGHGATE-BASED gourmet providore Beaufort Street Merchant also has a range of gourmet hampers on offer, with customers able to choose from its more than 3,000 lines of gourmet treats, including Blue C
THE WA housing market has taken another hit with latest figures showing building approvals falling 13 per cent in September, nearly double that of the national trend.
CENTRAL Tafe lecturer Charles Dornan has been named the 2008 Trade Skills Teacher of the Year in the mineral resources category, and is one of four finalists for the overall Australian Trades and Skil
RIO Tinto is confident about the future demand from China for iron ore despite announcing it would scale back production at its operations in the Pilbara by 10 per cent.
UNITED Bulk Carriers has celebrated its third anniversary with joint venture partner Grain Pool, the marketing arm of grains industry organisation CBH Group, by handing over a cheque for $5.5 million.
Tanami Gold director Denis Waddell has increased his interest in the company by subscribing for 56.1 million shares in the company’s entitlement issue at a total cost of $280,400.
