THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...
Tags: Share Market, Global Economy
Technology giant Apple has announced plans to further its iPhone and iPad operating system integration with vehicle infotainment systems from 2014. At the company’s World Wide Developer Conference (WWDC) this morning, Apple ...
Tags: Vehicle Integration, Auto Parts
Simplot’s Tasmanian factory. Simplot Australia employees at the Bathurst, NSW and Devonport, Tasmania food manufacturing plants have been told that their places of work are under threat of closure. The company is experiencing ...
British high-street retailer River Island is the latest international label to step into the burgeoning Australian apparel market. The fashion brand, which has recently unveiled its Australia-exclusive online store au.riverisland.com, ...
Simplot Australia, a subsidiary of US based J.R. Simplot, is evaluating the closure of its vegetable processing facilities in Bathurst, New South Wales and Devonport, Tasmania, a move which will result in 325 job losses. According to the ...
Powerlift has released to the Australian market the Sprint, designed for stock picking/stock replenishment applications involving light loads at low levels. The Powerlift Sprint has a platform height of 3.3m, enabling stock to be picked ...
Tags: Powerlift Sprint, Packaging&Printing, Sprint
The CEO of the Australasian New Car Assessment Program (ANCAP) has welcomed views expressed in Federal Parliament on a renewed push for road safety in Australia. During a speech made last night to the House of Representatives, the Shadow ...
Tags: ANCAP, Road Safety
Ford employees displaced by the impending closure of the company’s Victorian manufacturing plants will benefit from an additional $25.1 million thanks to fresh support pledged by the car maker and the Federal Government. In a joint ...
Tags: Ford, Manufacturing Employee
Unconventional gas from central Australia's Cooper Basin could be the answer to a looming supply shortage in the eastern state of New South Wales, according to Beach Energy Managing Director Reg Nelson. Beach has been among the ...
Tags: Metallurgy, Mineral, Energy, Gas
The stripped-out Chrysler 300 SRT8 Core has been unleashed, offering all the performance of the flagship SRT8 at a significantly lower price. Developed specifically for the Australian market, the $56,000 Chrysler 300 SRT8 Core is $10K ...
Tags: Chrysler, Muscle Car, Auto
Ford Australia has confirmed it will end local vehicle production in October 2016, signalling the death of the Ford Falcon and Territory and the loss of 1200 Victorian jobs. Ford Australia president and CEO Bob Graziano said rapidly ...
Tags: Ford, Auto, Transportation
Wesfarmers’ managing director Richard Goyder has announced that Target’s outlook has been downgraded. The retailer’s earnings for the 2013 financial year to date have been affected by a number of factors, including: ...
Tags: Service, Warm Autumn, Shoplifting
The sharemarket was higher despite weakness among major resources stocks as investors waited for the federal budget. Most major sectors were up at noon, with information technology shares leading the way and despite a dip in the energy ...
Tags: Australian Market, Mining Stocks
Australia’s Nubian Water Systems has entered into a strategic partnership with global water treatment solutions provider Nirosoft. The partnership is part of Nubian’s strategy to build a facility-centric, end-to-end water ...
Tags: Nubian Partner, Nirosoft Partner
The sharemarket closed flat ahead of tomorrow's federal budget and after the Aussie fell below parity with the greenback. At the close today, the benchmark S&P/ASX200 index was up 4.2 points, or 0.08 per cent, at 5210.3 points. The ...
Tags: Stocks, sharemarket