There has been a bigger than expected rise in house prices so far this year.
The Australian Bureau of Statistics (ASX: ABS.ax) says that on average, house prices climbed 1.1 per cent in the...
ABC Business News. -
Monday May 5, 2008, 1:35 pm
There has been a rebound in monthly job advertisement figures.
The ANZ's index of internet and newspaper ads shows an increase of 3.1 per cent in April, after falls in the previous two months....
ABC Business News. -
Monday May 5, 2008, 1:34 pm
New South Wales Premier Morris Iemma has cleared his diary to hold a series of meetings to shore up support for his plan to privatise the electricity sector.
Caucus has twice voted to support...
ABC Business News. -
Monday May 5, 2008, 1:25 pm
The Australian share market is higher with stronger metals prices buoying the miners.
About 1:00pm AEST the All Ordinaries index was up 46 points to 5,806.
The ASX 200 had climbed 41 points to...
ABC Business News. -
Monday May 5, 2008, 1:17 pm
A Senate Select Committee on Affordable Housing has heard there needs to be a master plan for land use in Tasmania.
The Committee is meeting in Launceston today to hear about problems facing home...
ABC Business News. -
Monday May 5, 2008, 1:06 pm
Administrators of the failed Geelong stockbroking firm, Chartwell Enterprises, have told investors it's unlikely they'll see their money again.
Investors are gathered at the Geelong Town Hall for...
ABC Business News. -
Monday May 5, 2008, 1:00 pm
State Public Servants in Hobart have voted unanimously in favour of an industrial campaign to secure a better pay deal.
Union members have been at a stop work meeting at City Hall.
More than...
ABC Business News. -
Monday May 5, 2008, 12:01 pm
The Foreign Affairs Minister Stephen Smith has rejected suggestions his second trip to Japan since the election is an attempt to smooth over relations with the country.
The Prime Minister Kevin...
ABC Business News. -
Monday May 5, 2008, 11:50 am
Higher rents, health costs and petrol prices have pushed up an unofficial measure of inflation.
The TD Securities-Melbourne Institute Monthly Inflation Gauge rose by 0.5 per cent in April,...
ABC Business News. -
Monday May 5, 2008, 11:23 am
The Independent Commission Against Corruption (ICAC) has heard several former RailCorp employees continued to receive work after being fired for corruption fraud and drug use.
The case is the...
ABC Business News. -
Monday May 5, 2008, 11:23 am
The Victorian Government has resolved its long running pay dispute with teachers.
Enterprise bargaining negotiations between the Government and the teachers union has dragged on for 14...
ABC Business News. -
Monday May 5, 2008, 11:15 am
The Australian share market opened solidly this morning, led by the resources sector.
At 10:30am AEST, the All Ordinaries Index was up 41 points to 5,802 and the ASX 200 was up 38 points to...
ABC Business News. -
Monday May 5, 2008, 11:02 am
There has been a sharp fall in activity in the services sector which accounts for about two-thirds of Australia's overall economy.
The Australian Industry Group-Commonwealth Bank Performance of...
ABC Business News. -
Monday May 5, 2008, 10:41 am
City bound passengers were stuck on board city-bound trains for almost one hour this morning after a points failure on the Belgrave line.
Connex spokesman John Rees says the problem has been...
ABC Business News. -
Monday May 5, 2008, 10:41 am
The New South Wales Opposition claims the Government's failure to reform political donations has created a culture that has led to legal action against hundreds of businesses.
The NSW Election...
ABC Business News. -
Monday May 5, 2008, 10:31 am