GM could face another fine

AN old email from a General Motors employee warning of a "serious safety problem" could help trigger another government fine against the automaker. THE email, dated August 30, 2005, surfaced Wednesday during a House subcommittee hearing on GM's...

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Man charged over NSW south coast death

FURTHER charges could be laid against a man accused of assaulting another man who was found dead in a NSW south coast home a day after he was attacked. THE 41-year-old's body was on Thursday found in a Moruya unit and "officers were told the...

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Man bashed at Sydney motel

A man has serious head injuries after being assaulted at a motel west of Sydney. Source: AAP A MAN has serious head injuries after being assaulted at a NSW motel. POLICE found the 28-year-old man at a motel reception at Warwick Farm,...

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Westfield gets restructure gets go-ahead

Westfield's shareholders are set to approve a $70 billion restructure of the company. Source: AAP WESTFIELD will leave its Australian shopping centres behind in search of growth opportunities overseas after winning a tough shareholder battle...

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Vic building workers face drug tests

BUILDING workers on Victorian government projects will face random drug and alcohol testing from July 1. VICTORIAN Finance Minister Robert Clark said requiring all building companies that tender for taxpayer-funded projects worth $10 million...

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Troops off to Iraq to protect Aussie staff

The Australian government is continuing to monitor the situation in Iraq. Source: AAP AUSTRALIA has sent soldiers to protect embassy staff in Baghdad as Prime Minister Tony Abbott warns that nobody should underestimate the threat posed by...

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$A at the mercy of two central banks

DOVES are meant to symbolise peace, but the Australian dollar is getting caught in a tug of war between two of them. IN financial jargon, a dove is a central banker who prefers interest rates to stay low. Record low interest rates in Australia...

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House prices tipped to continue to rise

ONE of the country's largest property developers believes house prices will continue to rise for years to come, with the Sydney market set for a "golden decade". STOCKLAND chief executive Mark Steinert expects nationwide house prices to rise...

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JB Hi-Fi weathers the retail storm

Entertainment retail chain JB Hi-Fi expects its sales will be up by 5.3% for the year. Source: AAP JB Hi-Fi is proving more resilient to slumping consumer confidence than other retailers. THE electronics retailer remains on track to lift...

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Vic Nats upset by Liberal bid for Euroa

THE Liberals' decision to run against the Nationals in the Victorian seat of Euroa is "most unfortunate", state Nationals leader Peter Ryan says. THE Nationals asked the Liberal Party not to field a candidate in the new seat, created after a...

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Newcrest hit with $1.2m fine by ASIC

ASIC has fined Newcrest Mining $1.2 million for breaching continuous disclosure obligations in 2013. Source: AAP GOLD miner Newcrest Mining has been fined $1.2 million in Australia's largest ever penalty for selectively providing market sensitive...

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Carbon policy pits Aus against US: Garnaut

AUSTRALIA is setting itself against the US and will become a drag on global climate change efforts with the repeal of the carbon tax, prominent economist Ross Garnaut says. THE former government adviser says China, Europe and the US are gearing...

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Kiwi gains against weak Aussie dollar

THE New Zealand dollar has climbed against its trans-Tasman counterpart after the Reserve Bank of Australia minutes for its last meeting showed an expectation of slower growth as the country's mining boom winds down. THE kiwi climbed as high...

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Land Rights Act not an impediment: Peris

Nova Peris has rejected claims the Aboriginal Land Rights Act is holding indigenous people back. Source: AAP NORTHERN Territory Senator Nova Peris has rejected claims the Aboriginal Land Rights Act is holding indigenous people back. THE...

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Shell to sell most of Woodside stake

Woodside, Australia's largest oil and gas company, has placed its shares in a trading halt. Source: AAP AUSTRALIA'S largest oil and gas company Woodside Petroleum will spend nearly $3 billion to get Royal Dutch Shell off its share register....

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Iraq tensions weigh on kiwi dollar

THE New Zealand dollar may fall this week as growing Middle East tensions weigh on investor confidence. THE kiwi increased to 86.84 US cents at 5pm in Wellington from 86.68 at 8am and 86.66 cents at 5pm in Wellington on Friday. The trade-weighted...

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34 die in militant attack on Kenya town

SOMALI militants wielding automatic weapons have attacked a small Kenyan coastal town, killing at least 34 people as they sprayed bullets into the street, assaulted the police station and set two hotels on fire, officials say. KENYA'S top police...

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NZ stocks edge higher despite tensions

NEW Zealand shares have edged higher as growing violence in Iraq kept markets nervous and as local investors mulled a spate of new initial public offerings. THE NZX 50 Index rose 8.292 points, or 0.2 per cent, to 5178.8 on Monday. Within the...

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Afghan voters defy Taliban threat

Afghans have braved threats of violence and searing heat to vote in the presidential elections. Source: AAP THE United States praised millions of Afghan voters who defied Taliban threats and attacks to vote in a presidential run-off election...

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Qld chief justice critics told to shut up

Queensland science minister has lashed out at critics of Tim Carmody's appointment to chief justice. Source: AAP A QUEENSLAND government minister has lashed out at critics of Chief Magistrate Tim Carmody's appointment to chief justice, saying...

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Firies cancer law not ruled out: Vic govt

Volunteer firefighters rally in Melbourne for access to compensation for cancer contracted at work. Source: AAP THE Victorian government says it hasn't ruled out changing the way firefighters access cancer compensation as hundreds rallied...

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