Business

Monday, May 27th, 2013

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DJs falls on sales slide

Shares in David Jones fall after upmarket retailer reports a 2.2pc fall in third quarter sales.

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Aussies spend up in US

Record numbers of cashed up Aussies are flying to the United States and spending up big.

Aussie dollar's slide continues

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Libs flag gas lease crackdown

Ian Macfarlane says crackdown on retention leases will ensure 'gas gets out of the ground'. 08:47 am

Related:: Gray opposes reserve policies

Cost threat to $150b LNG work

Industry says projects could be lost unless IR system overhauled, construction costs slashed. 02:50 am

Related:: Support us, pleads sector; Productivity blindness

Abrolhos set for oil exploration

Heart of WA's lucrative rock lobster fishery could be exposed to oil, gas exploration. 02:20 am

'Take a holiday' to skip rail chaos

Perth businesses urged to make provision of disrupted rail services in July and August. 02:01 am

Market still in the red mid-session

David Jones among worst performers after retailer posted a decline in third quarter sales. 10:21 am

WA Business

Libs flag retention lease crackdown

Ian Macfarlane, who is set to become Australia's next Federal Resources Minister post-September, says a Liberal Government will crack down even harder on… May 27, 2013, 8:47 am

Gray opposes gas reserve policies May 27, 2013, 8:15 am
Oil and gas industry demands govt support May 27, 2013, 7:16 am
Sector in the dark on productivity May 27, 2013, 7:13 am
Tourism boss slams cuts May 27, 2013, 6:00 am

National

Market still in the red mid-session

Australian stocks have opened weaker, with David Jones among the worst performers after the department store chain posted a decline in third quarter sales. 35 minutes ago

Abbott parental scheme 'to lift rates' 18 minutes ago
Stocks to watch at noon on Monday 49 minutes ago
Aust stocks open lower 1 hour, 54 minutes ago
Shell to invest $30bn in Australia over five years May 27, 2013, 8:48 am

World

Europe investigates Apple's iPhone tactics - FT

(Reuters) - The European Commission is investigating whether Apple Inc is using anti-competitive iPhone sales tactics and technical restrictions to… 34 minutes ago

China industrial profits up 11.4 percent on year 1 hour, 1 minutes ago
BOJ's April 26 meeting saw rift over ambitious price goal 1 hour, 39 minutes ago
Shell to invest $30bn in Australia over five years May 27, 2013, 8:48 am
Ford's profits will accelerate as Europe improves - Barron's May 27, 2013, 8:14 am

Technology

Europe investigates Apple's iPhone tactics: FT

(Reuters) - The European Commission is investigating whether Apple Inc is using anti-competitive iPhone sales tactics and technical restrictions to squeeze… 35 minutes ago