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ACTU boss Ged Kearney says new car plan needed

Herald Sun - 
ACTU president Ged Kearney says a new long-term strategy is needed to keep the car industry afloat. This comes as Manufacturing Minister Kim Carr says he knew last year Toyota was contemplating cuts to its workforce, but denied the Federal Government ...

Weather biggest risk for Newcrest

Sydney Morning Herald - 
Weather poses the biggest risk to Newcrest Mining achieving its goals in 2012, says chief executive Greg Robinson. The Melbourne-based gold miner has a big year ahead with two major expansion projects - the Cadia East project in New South Wales and the ...

Big banks told to raise capital levels

Sydney Morning Herald - 
The International Monetary Fund has called on Australia's biggest banks to bolster their levels of capital even further, warning the sector may not be able to withstand the dual shock of a residential property downturn and losses on corporate lending.

Markets Live: Energy stocks pull market higher

Sydney Morning Herald - 
The Australian market is higher after European stocks rose on hopes of a deal on Greek debt, but US stocks were little changed as recent earnings reports provided little incentive to disrupt the recent tone for equities.

Coles recalls own brand chicken and veg pies

NEWS.com.au - 
Frozen four-pack of Coles Chicken and Vegetable Pies may contain chicken bone fragments. Picture: AFP Source: AFP COLES has recalled its own brand Chicken and Vegetable Pies from stores across Australia over fears they pose a safety risk.

GUD tips tough times to continue as first-half profit falls 1.3pc

The Australian - 
CONSUMER and industrial products supplier GUD Holdings says trading conditions are expected to remain tough in the second half of the financial year, in the wake of a fall in profits in the first half.

Watchdog seeks declaration AirAsia breached Australian consumer law

The Australian - 
AUSTRALIA'S consumer watchdog today said it has launched legal action against AirAsia alleging the Malaysian-based budget carrier did not include all charges for airfares advertised on its website.

Oil spill charges possible

ABC Online - 
Maritime Safety Queensland (MSQ) says about half of the oil spilt during a re-fuelling operation in the Brisbane River has been recovered.

Iran pushes 'supply disruption' fear in face of weak oil demand

The Australian - 
ALAN Greenspan and the Strait of Hormuz: One is an ancient feature of the global landscape, and the other is a bottleneck in the Persian Gulf.

Cattle Council wants levies to ensure future

ABC Online - 
Australia's cattle lobby group, the Cattle Council, is proposing to take a slice of farmer's levies. It would require a change in legislation, as compulsory levies are currently paid to Meat and Livestock Australia.

LNG project promises 9000 jobs

ABC Online - 
A liquefied natural gas (LNG) proponent says its massive gas project off Gladstone, in central Queensland, will create about 9000 jobs during construction.

Work tribunal endorses Qantas engineers' deal

Sydney Morning Herald - 
Fair Work Australia has endorsed a deal between the engineers union and the airline. Photo: Edwina Pickles QANTAS can expect at least three years without industrial action from its licensed engineers after Fair Work Australia endorsed a deal between ...

Young workers hit by rising unemployment

Sydney Morning Herald - 
It's not only Europe where teenagers are bearing the brunt of rising joblessness - Australia has a youth unemployment problem of its own.

Newcrest production sinks in Q2

Business Spectator - 
By a staff reporter Newcrest Mining Ltd has maintained its full year guidance for operating costs and copper production, despite posting a fall in production for the second quarter.

FOFA moderate and reasonable: ISN

Financial Standard - 
By Claire McGreal | In Regulatory Head of the Industry Super Network David Whitely has contested claims that the proposed FOFA legislation would cost the industry thousands of jobs.

EPA approves BHP Billiton project with conditions

supply chain review - 
BHP's proposed outer harbour development at Port Hedland has been approved by the Environmental Protection Authority (EPA) despite its concerns.

Business conditions 'worst since late 1990s'

NEWS.com.au - 
BUSINESS owners believe the economy is in desperate need of further interest rate reductions with trading conditions at their worst levels in at least 14 years.

Petrol prices fall at last after 11-week high

NEWS.com.au - 
It's likely that petrol pump prices will continue to fall over the coming week. Picture: Herald Sun Source: HWT Image Library PETROL prices are expected to fall this week after unleaded prices hit a high last week.

Government rules out scrapping Australia's floating exchange rate policy

The Australian - 
SCRAPPING Australia's floating exchange rate policy to help manufacturers hurt by the surge in the nation's currency in recent years isn't an option, according to the government.

CBA names new Bankwest head

Business Spectator - 
Rob De Luca has been appointment managing director of Commonwealth Bank of Australia Ltd subsidiary Bankwest, according to The Australian.