Tag: Industry
Gunns welcomes go-ahead, critics expect protests
The timber company Gunns has issued a statement saying it is pleased Acting Prime Minister Julia Gillard has confirmed it can start building its northern Tasmanian pulp mill immediately.[MORE]
NT Govt defensive after Barkly Hwy flood damage
The NT Government has defended the state of its roads after flooding caused the collapse of part of a major highway.[MORE]
Wool industry hit by another mulesing boycott
Sheep farmers have been snubbed by another international company joining a global boycott of Australian wool.[MORE]
Porsche buys controlling stake in VW
The German luxury sport scar maker Porsche has taken over Volkswagen, the biggest European car maker, by purchasing more than 50 per cent of its shares, Porsche announced.[MORE]
Russia slashes gas supplies
All Russian gas supplies via Ukraine to Bulgaria, Turkey, Greece and Macedonia were halted on Tuesday as a result of the Moscow-Kiev price row, Bulgaria's economy ministry said.[MORE]
Bishop urges banks to pass rate cuts on to business
Deputy Federal Opposition Leader Julie Bishop has joined business leaders in calling for banks to pass on the full amount of recent interest rate cuts.[MORE]
Toyota to halt output as sales slump
Toyota is to halt production at all its Japanese plants for 11 days in a bid to reduce stocks of unsold cars as demand has slumped.[MORE]
Cave centenary celebrations
The Gunns Plains Caves in north-west Tasmania is today celebrating 100 years since it was opened as a tourist attraction.[MORE]
Gunns now a takeover target: Analyst
A Tasmanian pulp and paper analyst says Gunns remains a prime takeover target after getting approval to build its northern pulp mill yesterday.[MORE]
Bankers Association confident on guarantee scheme
The Australian Bankers Association (ABA) has rejected a claim that the Federal Government's bank guarantee scheme could encourage reckless lending practices.[MORE]
Pulp mill protest in Launceston
About 100 anti-pulp mill campaigners have gathered outside the Launceston office of the federal member for Bass, Jodi Campbell.[MORE]
Kurnell residents 'endangered by sand mining'
The New South Wales Opposition says continued sand mining in Sydney's south is endangering residents on the Kurnell Peninsula. [MORE]
Mining heavyweights restart talks over Qld job losses
Mining company Xstrata and the mining union are back in the Industrial Relations Commission (IRC) in Brisbane over the axing of jobs at a central Queensland mine.[MORE]
Domestic car sales topped 1m in 2008
Car sales fell more than 11 per cent in December but Australians still purchased more than 1 million new vehicles in 2008.[MORE]
NSW Govt denies high-rise metro plan
The New South Wales Government has denied reports it has begun planning high-rise developments around the proposed metro rail line for Sydney's inner west.[MORE]
State rules out financial help for pulp mill
Tasmania's Treasurer is hoping there won't be any further delays with the Gunns' pulp mill project.[MORE]
Grange Resources finalises Chinese-backed merger
Mining company Grange Resources is one step closer to establishing an iron-ore mine near Albany in Western Australia after its $1 billion merger with a Chinese-backed company was finalised.[MORE]
Performance of Services Index falls again
Continuing weak demand has led to the ninth consecutive monthly decline in Australia's services sector.[MORE]
US car sales at worst level in 15yrs
The latest car sales figures in the United States confirm that manufacturers have had their worst results in 15 years.[MORE]
Mazda board to take 20pc pay cut
Figures released by Japan's Automobile Dealers Association show car sales slumped by more than 6 per cent last year, falling to their lowest level since the aftermath of the first oil shock in the early 1970s. [MORE]
Mill delay prompts Tamar Valley recession warning
Local opponents of Gunns' proposed pulp mill have predicted economic turmoil for the Tamar Valley because of the continuing delay.[MORE]
Mill construction could begin this year: Gunns
The Tasmanian timber company Gunns says it could begin building its northern Tasmanian pulp mill this year, even though it's yet to secure full federal approval.[MORE]
IR talks to resume on mining job cuts
Talks will resume in Brisbane between the mining union and Xstrata on job losses.[MORE]
Putin orders Gazprom to reduce gas supplies through Ukraine
Russian Prime Minister Vladimir Putin has ordered Russia's state energy giant Gazprom to reduce European gas supplies through Ukraine by the amount he says Kiev has already stolen. [MORE]
RBA upholds tradition, no Jan meeting
The Reserve Bank is keeping with tradition and not meeting today, despite the economic downturn.[MORE]
