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Business - Australia latest news

Business - Australia latest news


Stocks mixed on mining and energy
THE share market was mixed at noon, with gains in the mining sector and losses in the financial sector.
The Australian Tuesday, July 08, 2008

Business confidence lowest since 9/11
BUSINESS conditions deteriorated sharply and unexpectedly in June as costs continue to rise and confidence falls, a survey says.
News.com Tuesday, July 08, 2008

Not just job losses, says Holden boss
IF Australia loses its automotive manufacturing industry it is unlikely to ever get it back, Holden chairman and managing director Mark Reuss says.
The Australian Tuesday, July 08, 2008

Allco sells down property
ALLCO has sold part of its real estate arm and will use the money to repay debt and it will also review other property investments.
News.com Tuesday, July 08, 2008

GM may cut thousands of jobs
US car giant General Motors is planning to cut thousands of white-collar jobs and may sell more brands, according to a report.
News.com Tuesday, July 08, 2008

Take $21 and raise you $1400
THE Prime Minister has given the nation's most senior public servants a $1400-a-week pay rise, despite calling on the broader workforce to show restraint.
The Australian Tuesday, July 08, 2008

Steely resolve over rail link
SHANE Condon is about to find out how committed big steelmakers are to his grand plan for a rail line linking West Australian iron ore and Queensland coal.
The Courier Mail Tuesday, July 08, 2008

Russia, Asia beef up sales
SOARING Australian beef sales to Russia and South-East Asia in 2007-08 have helped compensate for a drop in shipments to key markets in the US, Japan and Korea.
The Courier Mail Tuesday, July 08, 2008

Aussie scoots into Euro market
AUSTRALIA'S only scooter manufacturer, Vmoto, hopes to expand into the European market after making a deal with the world's second largest retailer, Carrefour.
The Courier Mail Tuesday, July 08, 2008

Sinosteel closer to Midwest
CHINA'S Sinosteel has all but won control of iron ore miner Midwest after four of the takeover target's directors agreed to sell their shares.
The Courier Mail Tuesday, July 08, 2008

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