Tag: Business, Economics and Finance
US weighs black boxes for cars
US safety regulators are considering whether to make "black boxes" mandatory for all new vehicles in response to recent unintended acceleration problems in Toyota vehicles.[MORE]
'Fat cat' salary upsets staff
Members of the South West Aboriginal Medical Service say their chief executive is sitting on a 'fat cat' salary while the service looks to cut costs by sacking staff. [MORE]
Australian companies missing out
Australian engineers say they are missing out on the booming Liquefied Natural Gas industry because design contracts are being given to overseas firms.[MORE]
US banking gains offset China concerns
A late rally has helped US shares close higher, as concerns about Chinese inflation were offset by a positive statement from Citi Group.[MORE]
Sydney airport ranked country's worst again
The ACCC has slammed Sydney Airport for raising prices despite ranking as the worst-performing airport in the country.[MORE]
Fighter jet program faces budget blowout
There has been more criticism of the Joint Strike Fighter program, with concerns raised about budget blowouts and delays.[MORE]
Obama talks up trade with Australia
Barack Obama says trade with Australia and the Asia-Pacific will be vital to getting the USA's economy back on track.[MORE]
Miners drag market lower
The Australian share market has finished the day slightly lower, dragged down by mining stocks, with a spike in China's inflation sparking fears the government could further curb bank lending, cutting demand for metals.[MORE]
Jetstar clears plane to fly after health scare
Jetstar says its Airbus 320 plane has been cleared to fly following a health scare on a flight between Brisbane, and Mackay in north Queensland.[MORE]
Public servants protest at privatisation plans
About 1,000 public sector workers gathered at parliament house today to protest against the privatisation of government services.[MORE]
Electric cars could revolutionise car industry
The technical director of Australia's first electric car trial launched in Perth this morning says they will be the biggest revolution in the automotive industry. [MORE]
Unemployment - what's in a number?
Unemployment. It is one of the most watched, and perhaps least understood, economic figures.[MORE]
SBY says Indonesia open for business
Indonesia's president has finished his three-day trip to Australia with a sales pitch calling on Australian businesses to invest in Indonesia. [MORE]
Acute accommodation crisis to ease
The Shire of Roebourne says the acute accommodation shortage in Karratha will ease with the awarding of a contract to build accommodation for 1,000 workers.[MORE]
Land provided for Australia Zoo expansion
State Parliament has authorised more land for Australia Zoo on the Sunshine Coast.[MORE]
Rich list reflects economic comeback
The world's new richest man, Mexican Carlos Slim, and billionaires in Asia helped lead a comeback for the wealthiest in 2010.[MORE]
Jobs growth slows, unemployment ticks up
Only 400 new jobs were created in Australia in February, but a small fall in the participation rate kept unemployment roughly steady.[MORE]
Flood victims urged to challenge insurers
A northern New South Wales lawyer says victims of storms or flooding should challenge their insurer if it refuses to pay out a claim.[MORE]
Deal to spark Gippsland coal search
Two energy companies in Victoria are working out the details of a new deal that would see drilling for coal at sites throughout Gippsland.[MORE]
Union up-beat about juice plant sale
A union is welcoming the sale of a vegetable juicing plant at Merbein, despite remaining workers at the factory being given their notice this week.[MORE]
Myer reveals higher first-half profit
The department store chain, Myer has reported a 38 per cent rise in its first-half profit.[MORE]
Local market edges higher in early trading
The Australian share market has open higher, after gains on international markets overnight.[MORE]
Employment expected to remain steady
Most economists are expecting unemployment in Australia to remain steady at 5.3 per cent. [MORE]
EU targets traders in response to Greek crisis
The EU is considering a ban on the sort of complex financial instruments that may have contributed to Greece's economic crisis.[MORE]