Top business news

Mining optimism plummets with closures
JUL 29, 2014
Optimism plummets amid predictions of more coal mine closures and more redundancies following already heavy job cuts amid weaker commodity prices.
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New business startups jump in June qtr
JUL 29, 2014
The number of new businesses in the June quarter jumped 23 per cent on the previous three months, a Dun and Bradstreet study shows.
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Housing sector gaining strength
JUL 29, 2014
New home sales were up 1.2 per cent in June, seasonally adjusted, and were up two per cent in the June quarter, Housing Industry Association data show.
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SA govt approves $US850m copper mine
JUL 29, 2014
The South Australian government has granted approval to Rex Minerals to develop its $US850 million Hillside copper project near Adelaide.
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Rinehart says high costs hurting Australia
JUL 29, 2014
Gina Rinehart says Australia's high costs need to be addressed if it is to compete internationally, starting with the scrapping of the MRRT.
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ALSO MENTIONS
BHP, RIO
Beach Energy flags lower production
JUL 29, 2014
Beach Energy's shares are under pressure after the energy company warned of a fall in production next year.
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Consumer confidence rebounds from budget pain: Are there bargains in the retail sector?
JUL 29, 2014
The ANZ-Roy Morgan weekly consumer confidence index has rebounded above levels last seen before the mid-May federal budget was handed down to Australian households. The latest survey rating was 113.5, a level not seen since early April a month before the budget.
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ALSO MENTIONS
ASX, ANZ, HVN, MYR, SUL, TRS
AAP buys Margaret Gee's, Crown Content
JUL 29, 2014
National news agency Australian Associated Press has bought the Crown Content directories business that includes the Margaret Gee's Media Guide.
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Argentina urges calm as new default looms
JUL 29, 2014
Argentina could fail to make a $US539 million payment on its restructured debt by the Wednesday deadline, the government says.
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Prostitutes costing companies millions
JUL 29, 2014
Company executives paying for strippers and prostitutes to please clients are costing some companies millions in sexual harassment claims.
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