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Mar 29, 2012

Financial and Forex Info News | The Australian Business Briefin Update: Carbon tax 'very bad' for economy





Australian Business update for Fri Mar 30, 2012
Carbon tax 'very bad' for economy

Ben Packham OUTGOING Future Fund chairman David Murray says Labor's carbon tax is "the worst piece of economic reform I have ever seen in my life".

Bunnings to create 6000 jobs

HARDWARE chain Bunnings today said it will create 6000 jobs in the next three years as part of a $1.5 billion expansion plan.

NDS demands AFR retraction

Darren Davidson NEWS Datacom Systems demanded a retraction from The Australian Financial Review as the threat of legal action swirls around the paper.

BHP iron ore chief to go

David Winning and Ross Kelly BHP Billiton said Ian Ashby, the head of its iron ore division, would step down on July 1 in a surprise management reshuffle.

Telstra puts Asia expert on board

Mitchell Bingemann TELSTRA has appointed a Taiwanese tech expert to its board in a bid to advance the telco giant's expansion plans into Asia.

Metcash braces for charges

Teresa Ooi METCASH faces potential impairment charges if management recommendations are accepted by the board on Monday.

Science targets chocolate crisis

Leslie Josephs SCIENTISTS are combing jungles in search of a hardier and more-prolific cocoa tree in a bid to avert a looming chocolate crisis.

Betting fees ruling a win for racing

THE viability of Australia's racing industry will be ensured by a legal victory over the fees paid by betting companies, says Tabcorp.


Financial Markets


Shares hit five-month high

Sarah Turner AUSTRALIAN shares rose today, on the last trading day of a positive first quarter, to hit a level not seen in five months.

Dollar will rise further: Citi
Shares edge up in buoyant mood


Financial Markets Coverage




Mining & Energy


Miners warn of tax plan 'blow'

Ben Packham and James Massola CUTS to resources industry tax concessions would be a "hammer blow" to investment in the sector, the mining industry says.

Baotou Steel notches hefty profit
BHP iron ore chief to go


More Mining & Energy






2012-03-30 13:20:39.0
Market higher at noon
2012-03-30 13:03:26.0 Chen's a timely Telstra play
2012-03-30 12:57:37.0 Private sector credit up 0.4pc
2012-03-30 12:48:03.0 Metcash braces for charges
2012-03-30 12:30:58.0 Miners warn of tax plan 'blow'
2012-03-30 12:18:52.0 Shares hit five-month high
2012-03-30 12:12:03.0 Carbon tax 'very bad' for economy
2012-03-30 12:03:14.0 Mongolia heats up rare earths
2012-03-30 11:53:30.0 New home sales rise
2012-03-30 11:51:57.0 Betting fees ruling a win for racing
2012-03-30 11:42:56.0 Telstra puts Asia expert on board
2012-03-30 11:37:51.0 LG begins production of roll-up screens
2012-03-30 11:37:25.0 BHP iron ore chief to go
2012-03-30 11:21:38.0 Tabcorp welcomes Betfair decision
2012-03-30 11:20:38.0 Metcash profit set for a hit


More Business Breaking News