Business

Thursday, May 23rd, 2013

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Rinehart still the richest

WA mining magnate still tops BRW's rich list despite losing $7b from her net worth in past year.

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Tinkler's funds in focus

Nathan Tinkler's assets could be frozen after liquidators applied for a court injunction.

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Myer lifts sales slightly

Myer's quarterly sales grow 0.5pc on pcp, but retailer remains cautious going forward.

Consumer sentiment turns bearish

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GSK to axe 120 jobs

Pharmaceutical giant to axe 120 jobs as it closes tablet packaging business in Melbourne.

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Spud shake-up afoot

Growers to fund research and marketing campaign to add value to the humble potato.

Dairy farmers bearish

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King guilty over loan

Bankrupt property dealer Michael King was convicted of fraud yesterday.

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Ford 'to end Aust production'

Ford expected to announce today it will end vehicle production in Australia. 07:12 am

Coalition flags ATO shake-up

Joe Hockey says tax office may be split in bid to make the tax system fairer. 01:05 pm

Iluka higher on upbeat AGM talk

MD David Robb gives shareholders an upbeat address at mineral sands miner's AGM. 12:06 pm

Wyllie sells down Amcom holding

Wyllie Group nets $16.1m from sale of half its holding in Perth fibre company. 11:16 am

Related:: Seven West falls on KKR exit

iiNet sells TransACT stake for $9m

Perth-based ISP sells fibre-to-the-premises business in the ACT to NBN Co. 01:44 pm

WA Business

Dust-up over Port Hedland marina

Regional Development Minister Brendon Grylls says the Department of Health and BHP Billiton are using the perceived health risks of iron ore dust to thwart… 1 hour, 58 minutes ago

Big cattle player forced out 1 hour, 44 minutes ago
End of boom 'to hit WA hard' 1 hour, 58 minutes ago
WA taxes carry nation May 23, 2013, 2:40 am
WA SME's top social media poll May 22, 2013, 2:59 pm

National

Ford to announce huge cuts in production

Ford is expected to make major cuts to its Australian operations from 2016. 11 minutes ago

Aust bonds weaker on Fed comments 15 minutes ago
Profit falls at James Hardie 19 minutes ago
Big cattle player forced out 1 hour, 44 minutes ago
$A falls to 1-year low on Fed minutes 1 hour, 50 minutes ago

World

Apple, former Washington wallflower, now at centre of tax fight

By Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in… 27 minutes ago

U.S. Justice Department tells lawmakers no bank is too big to jail 44 minutes ago
GE sees $2.4 bn in acquisitions by year-end 1 hour, 2 minutes ago
US report urges action on intellectual property theft 1 hour, 46 minutes ago
Bernanke warns against premature policy tightening May 23, 2013, 4:50 am

Technology

Apple, former Washington wallflower, now at center of tax fight

By Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it… 29 minutes ago