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Finance News

Thursday March 1.

Shanghai market rally brings Wall St boost [08:40]
After China led a global market downturn yesterday, a rally on the Shanghai stockmarket has helped a rebound on Wall Street.

Opposition calls for overhaul of taxi safety [08:00]
The South Australian Opposition wants an overhaul of Adelaide's taxi industry, amid two new reports of sexual assaults by drivers.

Airbus to cut 10,000 jobs across Europe [07:40] Photo
European aircraft manufacturer Airbus has announced it will cut 10,000 jobs across Europe over the next four years.

Company disputes order to clean up pollution [07:39]
A company that has been ordered to clean up chemical pollution from a 1970s industrial dump in southern Sydney says it has already met all its responsibilities.

Landcare unveils carbon trading market to help farmers [07:17] Photo
Farmers are getting the jump on the Federal Government in the fight against greenhouse gas emissions by introducing their own carbon trading market.

Campaign delivers practical tips on cutting emissions [07:01] Photo
A climate change campaign being launched across Australia today aims to provide Australians with practical tips on combating global warming.

Xstrata denies link to flesh-eating disease [01:46]
The company that owns the MacArthur River Mine has rejected any link to a flesh-eating disease that has killed three people who came into contact with river and seawater in the Borroloola region.

Govt considers tax transition time for horticultural investments [00:19]
The Federal Government and the Tax Office have both moved to soften their stance on changes to horticultural managed investment schemes.

Wednesday February 28.

Tas Govt threatens to ban NZ apples [20:46]
The Tasmanian Government has threatened a ban on imports of New Zealand apples if the Federal Government allows them into the country.

Taswood Growers not concerned over audit [20:03]
The Tasmanian sawlog owners at the centre of the controversial north-east softwood supply deal are confident an investigation will find their negotiations were fair and proper.

APEC public holiday to cost businesses about $320m [20:00]
Business groups say the New South Wales Government's decision to grant the people of Sydney a public holiday when the Asia-Pacific Economic Cooperation (APEC) summit is held later in the year will cost businesses around $320 million.

Alinta considers demerger to discourage takeover bids [19:33]
The acting managers of the gas utility Alinta are considering plans to split the business to protect the company against any potential takeover bids.

Share market bounces back slightly after big fall [18:02] Photo
The Australian share market has fallen by almost 3 per cent, the biggest loss since the September 11 attacks.

Uranium exports expected to be worth $700m [18:01]
Foreign Affairs Minister Alexander Downer says Australia's uranium exports are expected to be worth $700 million this financial year.

Govt moves its Telstra stake to the Future Fund [18:00]
The Federal Government has transferred its remaining 17 per cent stake in Telstra to the Future Fund.

Way cleared for Greater Sunrise gas field development [17:01]
The federal Parliament has passed a Bill that clears the way for development of the Greater Sunrise gas field in the Timor Sea.

Consumers take on more debt [16:00]
Economists say new figures on personal lending indicate greater consumer confidence.

PM voices support for carbon pricing system [15:45]
The Prime Minister has again signalled his support for some form of carbon pricing system to help reduce greenhouse gas emissions.

Company won't speculate on pipeline funds [15:21]
The company that will provide pipes for the 'Goldfields Superpipe' has refused to buy into a debate on how the project will be funded.

McGuigan records 90pc half-year profit drop [14:44]
Winemaker McGuigan Simeon says bitter competition, excess stocks and increased production has contributed to a 90 per cent drop in its profit for the half-year.



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