The Australian Prime Minister Kevin Rudd has launched the national disability insurance scheme named DisabilityCare Australia to assist people suffering with permanent and significant disabilities. Funded by the Commonwealth and state ...
THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...
Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto
Hume Highway – Yass Bridge, built 1876. After half a century of continuous construction and the investment of billions of dollars, a fully duplicated Hume Highway is at last a reality. The final stage in the upgrade of the Hume ...
Tags: Service, Construction, Highway
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
The Federal Government will provide $10 million funding for the Northern Gateway project. The Northern Gateway project includes the construction of a road freight interchange terminal at the northern entrance of Taree to the Pacific ...
Tags: Road Freight, Service, NSW
The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
The oil complex pushed sharply lower late in US trade Friday, extending an overnight selloff prompted by a stronger dollar, lower equities markets and OPEC's decision to roll over its 30 million b/d output target following Friday's meeting ...
Tags: Metallurgy, Mineral, Energy, Oil
A spike in Japan's thermal coal imports in April was more a short-term push to accommodate new coal-fired power generation capacity coming online rather than any sign of a sustained long-term trend, according to a report by Macquarie ...
Tags: New Capacity, Thermal Coal Import
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
Market reports that China's National Energy Administration is considering a proposal to outlaw the import of some grades of lower calorific thermal coal has been greeted with a mixture of consternation and disbelief by participants in the ...
Tags: Asia Market, Thermal Coal
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
Australian shares finished the month with strong gains as the benchmark S&P/ASX 200 climbed to a five-year high after ANZ Bank's $3 billion-plus half-year profit dragged its shares to a record $31.84. ANZ's result pushed up other ...
Tags: Market Gauge, ANZ Gains