Business - The West Australian

Wednesday, May 22nd, 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.

1 of 6
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

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

Market closes in negative territory

ASX remains on the back foot with major banks extending their correction. 02:12 pm

WA Business

WA SME's top social media poll

WA SME's top social media poll

Small and medium-sized enterprises (SMEs) in WA have topped the nation for their use of social media, according to a study. 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
Manji hotelier hits back at critics May 22, 2013, 11:52 am

National

Myer boss fan of falling Aussie dollar

Myer boss fan of falling Aussie dollar

Myer boss Bernie Brookes says falling Australian dollar has more benefits than downsides for his business. 1 hour, 48 minutes ago

Rinehart loses $7 bn but still Australia's richest May 22, 2013, 5:38 pm
Internet job ads fall 3.6pc in April May 22, 2013, 3:35 pm
$A lower on consumer sentiment figures May 22, 2013, 3:19 pm
Liquidators try to freeze Tinkler's assets May 22, 2013, 3:03 pm

World

Europe closes in on tax havens; Austria agrees to swap bank data

Europe closes in on tax havens; Austria agrees to swap bank data

By John O'Donnell BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to… 25 minutes ago

Credit rating firms sow doubt on euro zone bond rally 12 minutes ago
Nomura eyes Asia alliances, boosts Japan asset target 21 minutes ago
EU leaders call time on banking secrecy at tax summit 30 minutes ago
IMF urges Britain to privatise state-rescued banks 33 minutes ago

Technology

Europe closes in on tax havens; Austria agrees to swap bank data

Europe closes in on tax havens; Austria agrees to swap bank data

By John O'Donnell BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to… 26 minutes ago

Ireland feels the heat from Apple tax row 1 hour, 4 minutes ago
EU leaders shine spotlight on Amazon, Google over tax policy May 22, 2013, 6:40 pm
Risky behaviour starts young on social media: survey May 22, 2013, 6:10 pm
Entertaining change: Sony to look at activist's spin-off idea May 22, 2013, 5:34 pm

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