The Courier Mail Business
- + Experts say Clem7 doomed to fail—MANY doubted the Clem7 tunnel traffic forecasts on which RiverCity Motorway's public float was based long before the cars failed to turn up. [Lin...
- + Rinehart's $2bn dream derailed—BILLIONAIRE Gina Rinehart's ambitious plans to produce tens of millions of tonnes of coal from the Galilee Basin in Queensland have hit a major hurdle...
- + Markets close on strong week—The Australian share market on Friday ended the week with a third successive gain. [Link to media]
- + Clem7 boss defends bonuses—CLEM7 boss defends bonuses of more than $1 million paid to senior executives, saying payments linked to successful opening of tunnel. [Link to media]
- + US lead drives up Australian stocks—THE Australian stock market opened higher on Friday morning following more gains on Wall Street overnight. [Link to media]
- + Tamborine development ruled lawful—A LOCAL action group has lost another round in the ongoing fight over developments on Mt Tamborine, south of Brisbane. [Link to media]
- + Cougar gets savage mauling—INVESTORS have rushed to ditch shares in Cougar Energy - the gas company at the centre of a water contamination scare - slashing its market value in h...
- + Groves hits broker with a $10m bill—ABC tycoon Eddy Groves is demanding $10 million from his broker Austock over a share deal he claims cost him his private helicopter and a luxury yacht...
- + Good mood in US flows to Australia—THE Australian share market has posted a second successive day of good gains with all sectors showing strength. [Link to media]
- + QTC announces executive changes—THE State Government's central financing authority, QTC, has appointed a new chief executive, Queensland-born and educated banker Phillip Noble. [Link...
- + FOGS fire back in Origin name war—FORMER Origin Greats executive chairman Gene Miles has been left shaking his head at a war of words ignited by former Blues players. [Link to media]
- + Clem7 forecaster gains indemnity—THE company that prepared the off-the-mark forecasts for the Clem7 tunnel has made sure it is protected if disgruntled investors ever sue. [Link to me...
- + Qld off the economic pace—SHOPPERS and new car buyers have powered Australia's economy to its best performance in three years, defying jitters overseas. [Link to media]
- + Lawsuit risk over Clem7—INVESTORS have sounded out the possibility of legal action against the troubled operators of the Clem7 toll tunnel who have reported a $1.67 billion l...
- + MFS boss partied as firm sank—THE former boss of failed MFS hosted an Elton John concert and got drunk with mates as his cash-strapped firm struggled to repay a creditor, a court h...
- + Strong GDP pushes market up—THE market closed at a three-week high after gaining 2 per cent on stronger-than-expected economic growth, which buoyed investor sentiment. [Link to m...
- + Miners give market open a boost—THE Australian stock market opened higher on Wednesday as local investors brushed off a mixed lead from Wall Street overnight. [Link to media]
- + 'Demoted' by Qantas for being Falun Gong—QANTAS stewardess says she lost her job on overseas flights after being deported from China. [Link to media]
- + BHP bid battle turns dirty—BHP Billiton has been accused of playing dirty in its $US40 billion ($A44.9 billion) hostile bid for Canadian fertiliser heavyweight PotashCorp by col...
- + Court told cashflow lock crippled MFS—AN $800 million capital-raising had disastrous consequences for MFS because a "cash lock- up" provision stopped the company from repaying de...
- + How DJs could have avoided $37m suit—STORE rejected $850,000 offer to settle just days before damaging harassment complaint lodged. [Link to media]
- + Clem7 loses $470 for each vehicle—EVERY vehicle through the controversial toll Clem7 tunnel in the past year has cost its owner, RiverCity Motorway, $470. [Link to media]
- + Stocks lower on miners, banks—THE Australian share market closed one per cent lower as resource stocks and big banks fell on ongoing uncertainty about the US economy. [Link to medi...
- + Stocks lower on miners, banks—THE Australian share market closed one per cent lower as resource stocks and big banks fell on ongoing uncertainty about the US economy. [Link to medi...
- + Clem7 in $1.67bn black hole—OWNER of Clem7 tunnel facing financial crisis as it reports $1.67 billion loss, blamed on lower-than-expected traffic levels. [Link to media]
- + Clem7 owner's $1.67bn loss—OWNER of Clem7 tunnel facing financial crisis as it reports $1.67 billion loss, blamed on lower-than-expected traffic levels. [Link to media]
- + New Holden runs on cheaper bio-ethanol—HOLDEN'S latest Commodore could eventually be powered by fuel made from household waste. [Link to media]
- + King 'sorry' for $2.5bn collapse—FALLEN Gold Coast businessman Michael King has apologised to investors stung by the $2.5 billion collapse of his Octaviar finance and tourism group tw...
- + Ex-DJs boss vows to fight claims—UP to 16 women may take part in $37m case against David Jones and its former chief executive. [Link to media]
- + Banks, resources lead the way up—THE Australian sharemarket has closed firmer as local banks and resource stocks followed a firm lead from Wall Street. [Link to media]
- + '11 more women' in DJs sex suit—ELEVEN complainants may be added to the $37 million sexual harassment claim against retailer David Jones and its former chief executive Mark McInnes. ...
- + Migrant cuts hinder labour supply—LARGE cuts to migrant numbers could exacerbate a looming skills shortage and lead to wage blowouts as the resources sector gears up for another boom, ...
- + Suncorp head rules with iron fist—SUNCORP boss Patrick "Patch" Snowball developed a few quirks in his native England: a penchant for pink shirts, rolling up one sleeve and la...
- + Stores decking the halls already—CHRISTMAS is four months away but department stores have already begun rolling out their Yuletide displays – to the disgust of consumers. [Link ...
- + Harvey Norman defies slowdown—ELECTRICAL and furniture retailer Harvey Norman posted an 8 per cent rise in profit to $231.4 million despite falling demand after the stimulus. [Link...
- + Shareholders take up time - Myer boss—MYER Holdings boss Bernie Brookes has likened dealing with shareholders to "herding cats", saying he preferred the retailer being a private ...
- + BCC woos partners for Motorways—BRISBANE City Council is trying to stitch together a joint venture with the private sector to bid for the State Government's $3b Queensland Motorways ...
- + Market closes moderately higher—THE market closed moderately higher ahead of the release of revised US June quarter growth figures later tonight. [Link to media]
- + Maids brand Microsoft ridiculous—GOLD Coast Meter Maids have labelled Microsoft's objections to their bikini-clad appearance at the software giant's conference reception as 'ridiculou...
- + Law firms at war with gossip site—WEBSITE claimed one firm artificially adjusted performance ratings to justify lower pay rises. [Link to media]
- + Woolies powers to $2b profit—WOOLWORTHS yesterday delivered its 11th straight year of double-digit profit growth and promised more was in store this year. [Link to media]
- + Volatility not over yet says miner—MINING giant Rio Tinto's chief executive, Tom Albanese, sees world markets remaining volatile long after the GFC hangover abates. [Link to media]
- + The Rock attracts scrutiny—BUILDING society The Rock has spent $190,000 on an investigation of customer complaints that has attracted the attention of corporate regulators. [Lin...
- + Banks boost stocks to robust close—THE market put in a robust performance to close 0.7 per cent higher, with banks and other stocks recovering from losses earlier in the week. [Link to ...
- + Noon stocks up on bank gains—THE Australian stock market was in positive territory at noon on Thursday, with gains in the banking sector balancing losses in the mining sector. [Li...
- + Asciano stoked with state—FREIGHT and ports group Asciano's core profit growth driver last financial year was from its push into Queensland's coal haulage market. [Link to medi...
- + BHP mines fertile ground—BHP Billiton chief Marius Kloppers has posted a $A14.3 billion profit and said his hostile play for fertiliser giant PotashCorp would benefit sharehol...
- + Gas company's report rejected—AN environmental report prepared by the company at the centre of a water contamination scare near Kingaroy has been rejected by the Government as...
- + Stocks fall sharply on sell-off—AUSTRALIAN shares have fallen to their lowest level in over a month as investors sold out of equities in response to renewed US economic concerns. [Li...
- + Noon stocks fall on Wall St blues—The market continued to trade lower after US markets fell in the wake of disappointing housing data and concerns about the American economy. [Link to ...
- + Market opens lower on US jitters—AUSTRALIAN shares opened lower after Wall Street closed weaker on concerns about the recovery in the US economy. [Link to media]
- + Suncorp chairman to retire next year—SUNCORP chairman John Story has decided to step down from the board of the insurance banking giant next year. [Link to media]
- + Suncorp net profit doubles to $780m—SUNCORP more than doubled full-year profit as the regional bank says its recovery is well under way. [Link to media]
- + LNG project hit by Canberra strife—A COALITION win could delay the timing of Origin Energy's $35 billion liquefied natural gas project in Queensland. [Link to media]
- + Flight Centre soars to record profit—FLIGHT Centre has soared out of the global economic downturn to deliver a record net profit and a forecast of even stronger growth this year. [Link to...
- + Political uncertainty mars market—DOMESTIC political uncertainty and concern over global growth weighed on the Australian share market, which closed sharply lower. [Link to media]
- + Election overshadows the market—THE AUSTRALIAN sharemarket was one per cent lower at noon, as the unclear election result continued to weigh on the market. [Link to media]
- + ANZ back online after glitch—THE system failure that left ANZ customers unable to use Eftpos and credit card services across the nation has been fixed. [Link to media]
- + Aussie shares follow Wall St lower—AUSTRALIAN shares have opened lower on Tuesday morning after a fall on Wall Street and with several larger stocks down on disappointing profit reports...
- + Pilots condemn Jetstar boss—ABOUT 400 pilots angry at moves to base Jetstar planes overseas have backed a no-confidence motion in the airline group's chief, Bruce Buchanan. [Link...
- + Chairman hit as trader dump Cudeco—THE share price slump following Cloncurry copper hopeful Cudeco's resource update last week has hit chairman Wayne McCrae's wallet. [Link to media]
- + Is Foster's an acquired taste?—FOSTER'S shares hit a two-year high yesterday despite downplaying rumours a $12 billion takeover bid from London-based beer giant SAB Miller was pendi...
- + Political tension hits stocks—THE Australian share market closed flat following Saturday's unresolved federal election, with mining stocks gaining ground amid expectations the new ...
- + Fund manager blames directors—THE "controlling mind" behind a fund management company who was jailed for fleecing $300,000 from investors continues to blame two company d...
- + Election uncertainty 'will hit economy'—DEPRESSING effect on markets predicted with consumer confidence also hit by uncertainty. [Link to media]
- + $50b says there's no gas glut—SHELL Australia's Ann Pickard doesn't buy the view that there will be a glut of liquefied natural gas in the Asian region in the next decade. [Link to...
- + Talbot will gifts $300m to charity—BILLIONAIRE mining mogul Ken Talbot has left nearly a third of his vast fortune to charity in his will. [Link to media]
- + Gas threat to organic farms—ORGANIC farmers fear losing their Australian and US certification if coal seam gas exploration and production are allowed on or near their Dalby farm....
- + Billabong in a trough—SHARES in surfwear retailer Billabong tumbled nearly 10 per cent yesterday to the lowest level in more than a year after falls in profit and revenue. ...
- + US job fears hit markets—WEAK US jobs data that stoked fears of a double-dip recession in the world's largest economy led to sharp falls across Asian sharemarkets yesterday. [...
- + Stocks end week firmly in red—The stock market closed in the red after company profit results failed to impress on the eve of the election and amid concerns about the US economy. [...
- + Poor US economy hits our market—THE Australian stock market's downard run continued to noon, after opening lower following losses on Wall Street and disappointing results. [Link to m...
- + Jetstar lawsuit thrown out—AN elderly man injured when he fell down stairs at an airport terminal today lost his chance to bring a landmark action against the airline. [Link to ...
- + DFO thrown lifeline in race to save empire—DEBT-troubled shopping group saved as company officials declare "business as usual". [Link to media]
- + AMP slumps on lower profit—SHARES in AMP dropped more than 4 per cent after the wealth manager's annual underlying profit missed market expectations. [Link to media]
- + Coalition threat to super—WORKERS' retirement savings are at risk of going backwards under a Coalition government, with costings showing it will not boost the superannuation gu...
- + Miners seek books for rail bid—A CONSORTIUM of Queensland mining companies seeking to buy the state's coal rail tracks has been given access to QR National's books. [Link to media]
- + Even start despite poor results—THE Australian stock market has opened marginally higher with a string of negative company profit results dragging the market down. [Link to media]
- + Advice to disclose payments revealed—A RETIRED sales representative has testified he believed solicitors had drafted disclosure forms to ensure they revealed all commissions. [Link to med...
- + Brawl looms in bid for PotashCorp—BHP BILLITON chief Marius Kloppers has gone hostile in his $US40 billion ($A44 billion) play for Canadian fertiliser giant PotashCorp. [Link to media]
- + Competition chief steps down—COMPETITION chief Graeme Samuel has removed himself from deliberations on the fate of the Direct Factory Outlet retail empire. [Link to media]
- + Stocks finish flat on BHP fall—AUSTRALIA'S sharemarket has finished flat, after broader rises were offset by a big fall by market heavyweight BHP Billiton Ltd. [Link to media]
- + Occy settles out of court—FORMER international surfer Mark Occhilupo is going surfing after a legal dispute involving the Gold Coast sports star was settled out of court. [Link...
- + Working anywhere in the world—EMBRACING a location-independent lifestyle and travelling the world is not about escaping the work grind. [Link to media]
- + Inquests for five rafting deaths—A QUEENSLAND coroner is investigating a string of deaths in the Cairns-based whitewater rafting industry between October 2007 and February 2009. [Link...
- + Australia's economic growth slows—AUSTRALIA'S economic growth rate slows for third straight month, sparking fears of an imminent slow down, says survey. [Link to media]
- + Stores give big mannequins a dummy run—MORE full-figured mannequins reflecting everyday women's bodies are set to hit stores in Myer and David Jones lingerie departments from today. [Link t...
- + RBA reassures markets—FINANCIAL markets took comfort yesterday in the Reserve Bank's reassuring outlook for Australia's economy, despite the global uncertainty. [Link to me...
- + Dunlop Volleys fetch top dollar in New York—THE humble Aussie Dunlop is the hottest sneaker in Manhattan - with a price tag to boot. [Link to media]
- + DFO fights for survival—RETAIL experts say problems facing the DFO group have little to do with discount outlets being pressured in the era of the never-ending sale. [Link to...
- + QR float still on track—QUEENSLAND Rail's freight arm, QR National, continues to talk as though a float is a certainty, despite an alternative offer from coal miners. [Link t...
- + Market closes in positive territory—THE Australian share market climbed 0.8 per cent by the close on Tuesday, with financials and materials stocks leading the way. [Link to media]
- + Surf champ in court over shares—FORMER international surfer Mark Occhilupo has appeared in court today over legal action involving a company run by his former accountant. [Link to me...
- + Melbourne DFO under threat—MELBOURNE DFO is under threat with a crippling $500 million debt that could see Graeme Samuel lose his $50m personal fortune. [Link to media]
- + Paul Hogan's royalties just 'mad money'—CROCODILE Dundee star claims he had no control over royalties banked in offshore accounts. [Link to media]
- + Overseas firm buys drug-maker Herron—THE drug-maker who brands its products with a green and white Australian logo is being bought out by foreign raiders. [Link to media]
- + Debt trouble hits DFO centres—ACCC chairman stands to lose his personal fortune as the factory outlet chain looks set to fold. [Link to media]
- + Jetstar to fill Virgin's NZ void—LOW-cost carrier Jetstar plans to increase its fledgling New Zealand operations, taking advantage of Virgin Blue's departure from the market. [Link to...
- + Lend Lease returns to profit—AUSTRALIA'S largest property developer, Lend Lease Group, has returned to profitability and says it is sure of success in the medium term. [Link to me...
- + Economists move to boost Labor—A LETTER penned by a group of academics says the Federal Labor Government saved Australia from recession. [Link to media]
- + Positive outlook helps stocks—THE Australian share market pared back early losses to finish about 0.4 per cent softer thanks to positive earnings guidance. [Link to media]
Last new 3/9/10 5:58pm.
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