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

WA SME's top social media poll May 22, 2013, 2:59 pm
iiNet sells TransACT stake for $9m May 22, 2013, 1:44 pm
Rinehart still tops rich list despite $7b loss May 22, 2013, 1:11 pm
Iluka higher on upbeat AGM talk May 22, 2013, 12:06 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

$A falls to one-year low on Fed comments 34 minutes ago
Australian market set to open lower 40 minutes ago
International markets roundup 47 minutes ago
Myer boss fan of falling Aussie dollar May 22, 2013, 6:55 pm

World

Bernanke warns against premature policy tightening

WASHINGTON (AFP) - US Federal Reserve Chairman Ben Bernanke warned Wednesday that tightening monetary policy now could stall the US recovery, but added that… 27 minutes ago

GE sees $6.7 bn in acquisitions by year-end 35 minutes ago
IRS unit head refuses to testify about targeting 1 hour, 40 minutes ago
ECB can expand its tools to fight crisis - board member 1 hour, 47 minutes ago
Italy steel businessman Riva probed for tax evasion - sources 1 hour, 54 minutes ago

Technology

Twitter tightens security after high-profile breaches

SAN FRANCISCO (AFP) - Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile… 20 minutes ago