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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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 taxes carry nation

$15b more in taxes exits WA each year than flows back in Federal spending. 02:40 am

WA Business

WA taxes carry nation

Almost $15 billion more in taxes leaves WA each year than flows back into the State in Commonwealth spending, a WA Treasury analysis shows. May 23, 2013, 2:40 am

Big cattle player forced out 27 minutes ago
End of boom 'to hit WA hard' 41 minutes ago
Dust-up over Port Hedland marina 41 minutes ago
WA SME's top social media poll May 22, 2013, 2:59 pm

National

WA taxes carry nation

Almost $15 billion more in taxes leaves WA each year than flows back into the State in Commonwealth spending, a WA Treasury analysis shows. May 23, 2013, 2:40 am

Big cattle player forced out 27 minutes ago
$A falls to 1-year low on Fed minutes 33 minutes ago
End of boom 'to hit WA hard' 41 minutes ago
Dust-up over Port Hedland marina 41 minutes ago

World

US report urges action on intellectual property theft

WASHINGTON (AFP) - A high-powered commission said Wednesday that intellectual property theft was costing the United States the equivalent of all its exports… 29 minutes ago