Business

Wednesday, June 19th, 2013

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City tower sells for $458m

Receivers for Luke Saraceni's Raine Square tower sell development to property group Charter Hall.

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Hughes blasts council

Car dealer accuses Victoria Park council of impeding his business by refusing plans to rebuild an office.

Council overruled on Subi tower

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Hancock trust 'to be fair'

John Hancock vows not to discriminate against Ginia if he replaces his mother as head of family trust.

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Deloitte keeps the faith

Deloitte's nation-leading Perth office is keeping the faith despite the affects of the mining slowdown.

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Prawn farm venture closer

CO2 lines up investors for talks about a big prawn farming venture in the State's Kimberley region.

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Axe falls on Rio executives

Mining giant lays off as many as 40 to 50 senior executives at its Perth city office. 06:58 am

Inglorious debut for split News

News Corp's two new trading entities come onto the boards soft. 11:40 am

Airport screeners strike goes national

Security staff rally at Qantas terminals across nation in support of Perth comrades. 10:17 am

Tinkler sells Whitehaven stake

Embattled entrepreneur sells 9.9pc stake in coal miner for about $300m. 08:40 am

Market still in the black mid-session

Local bourse trades firmer after positive overnight lead from Wall St. 10:44 am

WA Business

Lola's first season marked with impressive tasty treat

With the peak of Manjimup’s truffle season still a fortnight away, Labrador Lola and truffle hunter Adrian Mielke, last week harvested an impressive 390… 1 hour, 3 minutes ago

Airport screeners strike goes national June 19, 2013, 10:17 am
Raine Square sells for $458m June 19, 2013, 8:35 am
Hughes blasts council inflexibility June 19, 2013, 7:24 am
Prawn farm venture closer June 19, 2013, 7:21 am

National

Inglorious debut for split News

The new News Corp has had an inglorious debut on the Australian sharemarket, with its stock falling. 1 hour, 35 minutes ago

Bullish lagging index slightly deceptive 53 minutes ago
No recession on the horizon 1 hour, 0 minutes ago
Economic outlook boosted by share rally 1 hour, 12 minutes ago
New News Corp in weak ASX debt 1 hour, 55 minutes ago

World

Japan May trade deficit widens on import costs

TOKYO (AFP) - Japan extended a string of trade deficits in May, official data showed on Wednesday, as the country's import costs rose on the weak yen but… 53 minutes ago

Asia business sentiment rises in second quarter, global growth risk still dominates June 19, 2013, 11:08 am
Kodak prepares $406 million offering as it eyes bankruptcy exit June 19, 2013, 8:48 am
UK banking needs 'radical' overhaul: study June 19, 2013, 7:27 am
Vodafone raises Kabel Deutschland offer after rival bid - report June 19, 2013, 7:24 am

Technology

IMF says to extend reach with online economics training

By Stephanie Simon (Reuters) - The International Monetary Fund will make its training sessions on financial policy and debt sustainability… 1 hour, 2 minutes ago