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A statement of claim has been served on several parties regarding OneTel Ltd's cancellation of a $132 million capital raising on the same day that it entered administration, its liquidator says.
But vacancies were down 22% year-on-year
Prime Minister Kevin Rudd says family budgets will be hurt if the Reserve Bank decides to increase interest rates on Tuesday.
The superannuation industry's peak lobby group has repeated its call for the federal government to raise the compulsory superannuation contribution guarantee to 12 per cent if Australia is to avoid a $695 billion retirement savings gap.
Corruption allegations linked to murdered Sydney businessman Michael McGurk will be aired during a public inquiry next month.
The Australian economy will recover in 2010 but it will be a slow comeback as the federal government withdraws its stimulus spending and interest rates continue to rise, an economic forecaster says.
Hidden details about the interest charged on partly-paid or overdue credit card balances is unfairly costing customers, consumer advocate group Choice says.
Retail giants Woolworths and Wesfarmers, owners of Coles, may have to adjust their plans to buy out smaller rivals and develop new outlets after the federal government announced plans to toughen up market protection.
People who work longer hours could be in line for a tax break, Federal Treasurer Wayne Swan has hinted.
Australia's banks are partly insulated from rising house prices and a profit upgrade by the nation's largest lender, Commonwealth Bank, would result in higher than expected first half earnings, Fitch Ratings says.
Homeowners have been told to brace for a possible string of rate rises in 2010 after the latest jobs data managed to surprise even the most optimistic economists.
Fitch Ratings has applauded proposed prudential liquidity changes for Australian banks and warned of further deterioration in their asset quality as highly geared households come under pressure from rising unemployment.
The Australian dollar opened lower after China unexpectedly raised the proportion of deposits that banks must set aside as reserves, leading to falls in gold and commodity prices.
A dip in housing finance approvals will remind the Reserve Bank of Australia (RBA) board that interest rate hikes pack a bigger punch than they used to.
A new monthly coal export record has been set at the Port of Newcastle, acting NSW treasurer John Hatzistergos says.
A peak industry representative group is urging employers to hire more apprentices to avoid a shortage of some skilled labour that is likely to accompany global economic recovery.
A new report says the NSW economy is the worst-performing in Australia and the government must introduce initiatives to stimulate growth in housing construction, business investment and jobs.
Australia is set for a surge in mergers and acquisitions (M&A) in 2010, says Australia-based international law firm Freehills.
Personal bankruptcies in the December quarter were up only slightly from a year before.
South Australian farmers are set to reap their second-best grain crop ever as the harvest nears completion.
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Defining Business Analytics and Its Impact On Organisational Decision-Making
Computerworld invited IT and business professionals to participate in a survey on business analytics. The following report represents top-line results of that survey. Find out what 215 respondents from top companies had to say; read on now.