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Date:  Friday, 18 May, 2012  :: 14:01

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Finance News Headlines
Shares set for 12-month low amid euro woes
pThe local sharemarket is on track for its lowest close this year as worries about the stability of Greece and Spain spark a sell off.The Australian dollar meanwhile has also touched a five-month low.Local ...p
ACT triple-A credit rating secure, for now
pACTs triple-A credit rating appears to be secure after a decision to delay a budget surplus for at least two years.The ACT Government says it will try to achieve a surplus by 2015-16 two years later ...p
Qantas 'pocketing $100m' in excess card fees
pConsumer advocacy group Choice says Qantas is charging 100 million in excess credit card fees every year.Choice head of campaigns Matt Levey says the airline is charging consumers millions of dollars ...p
Premier begins budget pitch
pa hrefhttpau.finance.yahoo.comnewspremier-begins-budget-pitch-031939854.htm l titlePremier begins budget pitchimg srchttpl2.yimg.combtapires1.2orThUrfxdCIdtrLKo2Litg--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14019786-2760746-16x9-700x394_original.jpg altPremier begins budget pitch titlePremier begins budget pitch width70 height70 alignleft border0 aTasmanias Premier has faced criticism of her second state budget which forecasts a rough few years ahead.Lara Giddings who is also Treasurer is selling her budget at meetings at functions around the ...p
Government releases Indonesian abattoir report
pa hrefhttpau.finance.yahoo.comnewsgovernment-releases-indonesian-abattoir-c ruelty-223625704.html titleGovernment releases Indonesian abattoir reportimg srchttpl3.yimg.combtapires1.2w1TXcHQLsI4sCnbksvfgXQ--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14018520-2751070-16x9-700x394_original.jpg altGovernment releases Indonesian abattoir report titleGovernment releases Indonesian abattoir report width70 height70 alignleft border0 aAn investigation into animal cruelty in Indonesian abattoirs has recommended action be taken against two Australian exporters.The Department of Agriculture launched an investigation in February after ABC1s ...p
Gas hub protestors blocking road
pa hrefhttpau.finance.yahoo.comnewsgas-hub-protestors-blocking-road-03042907 6.html titleGas hub protestors blocking roadimg srchttpl2.yimg.combtapires1.2cYFa1xW9dwy5_2Qg8VmTLQ--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14019754-4019778-16x9-700x394_original.jpg altGas hub protestors blocking road titleGas hub protestors blocking road width70 height70 alignleft border0 aTwo women aged in their sixties have locked themselves inside a van and are blocking the road to the proposed gas hub north of Broome.The women have parked their van across Manari Road and are the latest ...p
Miners concerned over WA royalty review
pThe Western Australian mining industry says it is seriously concerned about a surprise review of the states royalties.The Government announced in the state budget yesterday that it will reassess royalties ...p
City dwellers fare better than country cousins
pA report has found people who live in the city fare better in terms of health education employment and wealth than their rural counterparts.Roy Morgan researchers also found in their nationwide survey ...p
Forest industry returns to peace talks
pa hrefhttpau.finance.yahoo.comnewsforest-industry-returns-peace-talks-01111 7218.html titleForest industry returns to peace talksimg srchttpl2.yimg.combtapires1.2Rx3Yl4V0l4vNlseHZpzDtw--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14019356-3597642-16x9-700x394_original.jpg altForest industry returns to peace talks titleForest industry returns to peace talks width70 height70 alignleft border0 aThe Forest Industries Association of Tasmania FIAT is returning to the forest peace deal negotiations.The association pulled out of talks earlier this year accusing some environmental groups of waging ...p
ACCC to probe online price deals
pThe competition regulator has announced it will investigate clothing importers who are making deals with international online stores to inflate prices for Australian shoppers.There are reports that some ...p
Spanish bank woes send $A lower
pThe Australian dollar has fallen to its lowest level in almost six months as fears of a worsening European debt crisis hit global stock markets.At 1200 AEST on Friday the Australian dollar was trading ...p
Two south-east Qld casinos to cut jobs
pThe owner of Queenslands two largest casinos says its cutting more than 60 jobs at its major properties in the states south-east.The 64 positions will go from Brisbanes Treasury Casino and Jupiters ...p
Aust stocks continue to tumble
pAustralian stocks continued to tumble at noon after local investors panicked over the debt crisis in Europe.Australian shares opened at their lowest level this year and then continued their descent all ...p
Holden announces new export car
pa hrefhttpau.finance.yahoo.comnewsholden-announces-export-car-023301975.htm l titleHolden announces new export carimg srchttpl3.yimg.combtapires1.2RUWLjqboMkiHnX8DlbP7og--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A AP_ART_FTP_LIVE_118May_Holden_800x600_original.jpg altHolden announces new export car titleHolden announces new export car width70 height70 alignleft border0 aAustralian-made Holdens are to make a return to the streets and racetracks of North America with the production of a new Chevrolet SS performance sedan.A limited production version of the yet-to-be-released ...p
$34 billion Inpex project given kick-off from top
pa hrefhttpau.finance.yahoo.comnews34-billion-inpex-project-given-021911163. html title34 billion Inpex project given kick-off from topimg srchttpl1.yimg.combtapires1.2g9K32GhHbnXmOduM3SoGkw--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14019448-4019482-16x9-700x394_original.jpg alt34 billion Inpex project given kick-off from top title34 billion Inpex project given kick-off from top width70 height70 alignleft border0 aPrime Minister Julia Gillard has turned the first sod at the Inpex liquefied natural gas plant site at Blaydin Point on Darwin Harbour.Japanese company Inpex and its French partner Total plan to pipe gas ...p
Some St Hilliers building sites reopen
pFour building sites run by St Hilliers have been reopened as the company continues to hold talks with administrators.The construction arm of the company went into voluntary administration earlier this ...p
Holden to export rebadged Commodores
pa hrefhttpau.finance.yahoo.comnewsholden-export-rebadged-commodores-0203310 99.html titleHolden to export rebadged Commodoresimg srchttpl3.yimg.combtapires1.2wLAZdecPsvJXfn9pwOv29A--YXBwaWQ9eW5ld3M7 Zmk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_A BC_ART_FTP_LIVE_14019064-3616334-16x9-700x394_original.jpg altHolden to export rebadged Commodores titleHolden to export rebadged Commodores width70 height70 alignleft border0 aCarmaker Holden will resume sales of the Commodore to North America from late next year.The cars will be manufactured north of Adelaide at Holdens Elizabeth plant and will be exported as Chevrolet SS ...p
Libs oppose Forestry Tasmania bailout
pa hrefhttpau.finance.yahoo.comnewslibs-oppose-forestry-tasmania-bailout-020 331726.html titleLibs oppose Forestry Tasmania bailoutimg srchttpl.yimg.combtapires1.243.sOHn2zxrxfUFsuZJ3Ow--YXBwaWQ9eW5ld3M7Z mk9ZmlsbDtoPTcwO3E9ODU7dz03MA--httpglobalfinance.zenfs.comimagesFIN_ANZ_AB C_ART_FTP_LIVE_14019466-1902880-16x9-700x394_original.jpg altLibs oppose Forestry Tasmania bailout titleLibs oppose Forestry Tasmania bailout width70 height70 alignleft border0 aThe Tasmanian Opposition is opposing a bailout for Forestry Tasmania announced in yesterdays budget.The government business will get 110 million over four years to keep it solvent after a downturn in ...p
MP urges road train bullbar fines review
pWestern Queensland MP Vaughan Johnson has asked the State Government to investigate why road train drivers have been fined for what he says are minor breaches over bullbars.Mr Johnson the Member for Gregory ...p
Vote counting begins for BMA enterprise agreement
pElectoral officials have started counting the votes on a proposed enterprise agreement for workers at BMAs coal mines in central Queensland.About 3500 Bowen Basin workers are employed under BMAs enterprise ...p
Downsize plan casts doubt on Olympic Dam
pFederal and State politicians have downplayed doubts over the future of the Olympic Dam mine expansion after BHP Billiton announced plans to downsize its capital works program.Earthmoving equipment is ...p
Aust stocks sink to lowest level this year
pAustralian stocks have sunk to their lowest level this year as investors begin to panic over the crisis in Europe after reports of a run on Spanish banks.Europes main stock markets tumbled and the euro ...p
Some Retravision stores having cash flow problems
pThe owners of Victorian Retravision stores will meet this morning to discuss cash-flow problems in the Retravision group.It is believed some stores are facing financial difficulties.Employees have been ...p
Aust shares open
pAustralian stocks have opened more than 1.5 per cent lower following more big falls on Wall Street.The plunge has put the local bourse at its lowest point for 2012.At the open on Friday the benchmark ...p
CSG will impact hundreds of bores: report
pA new report suggests more than 500 water bores on farms across Queenslands southern inland will be affected by the coal seam gas CSG industry.Around 40000 CSG wells are expected to be drilled in the ...p

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