• AAP2 hours ago

    Govt slammed for NSW coal mine approval

    Community groups have slammed the government's decision to approve the controversial Wallarah 2 coal mine on the NSW Central Coast, claiming they won't cease fighting to stop its development. The underground coal mine, to be developed near Wyong, plans to extract up to five million tonnes of

  • AAP4 hours ago

    NSW Central Coast coal mine approved

    The controversial Wallarah 2 coal mine on the NSW Central Coast has been approved despite the state's Planning Assessment Commission acknowledging the nearby drinking water supply catchment will be affected. The underground coal mine, to be developed near Wyong, plans to extract up to five million

  • Annastacia soothes cranky Games tradies
    AAP6 hours ago

    Annastacia soothes cranky Games tradies

    Fearful of traffic chaos during April's Commonwealth Games, organisers thought long and hard about a solution but the wheels have well and truly fallen off their efforts all because of a pink cartoon bike. Premier Annastacia Palaszczuk on Wednesday found the need to apologise over an animated ad

  • Mining selldown drags Aust shares into red
    AAP7 hours ago

    Mining selldown drags Aust shares into red

    The Australian share market has closed lower, with the materials sector heavily sold down on shifting commodity prices and expectations of a correction. The benchmark S&P/ASX200 index ended Wednesday down ...

  • US launches plan to reverse tourism slide
    AAP7 hours ago

    US launches plan to reverse tourism slide

    Travel industry representatives have sounded an alarm over a long-term decline in international tourism to the US and said they want to work with the Trump administration to reverse the trend. Organisers of the new Visit US Coalition said the decline started in 2015 and repeatedly said they are not

  • South32 steels FY outlook with manganese
    AAP7 hours ago

    South32 steels FY outlook with manganese

    Diversified miner South32 has boosted its expectations for South Africa manganese production and maintained full-year guidance for all other products after a solid first-half performance. South32 chief executive Graham Kerr says strong demand and good performance for the company's South African

  • Sirtex shares jump on improved earnings
    AAP7 hours ago

    Sirtex shares jump on improved earnings

    Sirtex Medical shares have surged after the liver cancer treatment specialist flagged improved first-half earnings and a turnaround in second-half sales. Sales of the company's SIR-Spheres microspheres - a product used to deliver medication to cancer sites inside the body - were flat in the first

  • AAP7 hours ago

    Stocks to watch

    Stocks to watch on the Australian stock exchange: A2M - THE A2 MILK COMPANY - up 18 cents, or 2.4 per cent, at $7.60 Dairy producer The A2 Milk Company is dramatically expanding its business in the United ...

  • First home buyers numbers continue to rise
    AAP8 hours ago

    First home buyers numbers continue to rise

    First home buyers have grabbed a larger slice of the property pie, while investors' share shrinks, official home loan approvals figures show. The number of loans to first home buyers rose to a five-year high in November to account for 18 per cent of total owner-occupied home borrowings. This is

  • Palaszczuk apologises to tradies over ad
    AAP8 hours ago

    Palaszczuk apologises to tradies over ad

    Premier Annastacia Palaszczuk has apologised over an ad featuring a tradie riding a pink child's bicycle to work to avoid congestion during the Gold Coast Commonwealth Games. "There wouldn't be a Commonwealth Games without the work we've done and to now tell us to get on our bikes is

  • Michelin chef to open at Korean airport
    AAP8 hours ago

    Michelin chef to open at Korean airport

    A two Michelin-starred chef will open a Korean restaurant in the new passenger terminal of Incheon airport, the country's main gateway on Thursday. Pyunghwaok, located in the second terminal of the airport, west of Seoul, will be unveiled to the public on Thursday in line with the official launch

  • AAP8 hours ago

    Insurers repay $63m in car cover crackdown

    Insurers Suncorp and Allianz will be forced to repay almost $63 million to thousands of customers who were sold worthless or near-worthless insurance add-ons when buying cars at dealerships. Acting Australian Securities and Investments Commission chair Peter Kell said the insurers agreed to refund $62.8

  • Train strike could cost Sydney $100m
    AAP8 hours ago

    Train strike could cost Sydney $100m

    A proposed 24-hour strike by Sydney train workers could cost the local economy $100 million, says the city's business chamber. More than 9000 train workers are due to strike on Monday, January 29, after negotiations between Sydney Trains and the Rail Tram and Bus Union fell through on Tuesday.

  • Australia uncorks wine war with Canada
    AAP9 hours ago

    Australia uncorks wine war with Canada

    Australia is seeking global vine intervention after accusing Canada of keeping Australian wine off its supermarket shelves. The federal government has filed a formal complaint with the World Trade Organisation in protest at the way Canada applies rules over the sale of Australian wine. Imported wines

  • Home loan values lift 2.3% in Nov
    AAP9 hours ago

    Home loan values lift 2.3% in Nov

    The number of first-home buyers has continued to rise but investors have retreated from the property market, official home loan approvals figures show. The total value of new home loan approvals rose 2.3 per cent to $33.5 billion in November. The market had expected a 0.2 per cent fall.

  • AAP11 hours ago

    Allianz, Suncorp fork out over car add-ons

    The Australian Securites and Investments Commission has secured one of the largest compensation programs in the corporate watchdog's history, compelling insurers Allianz and Suncorp to refund more than $62 million worth of unwanted insurance. The commission on Wednesday said the two insurance giants

  • AAP11 hours ago

    Bankrupcty may be Weinstein Co best option

    Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, says a bankruptcy may be the best way forward for the US film and TV studio. Killer Content's comments come as the studio continues to grapple with

  • Aust shares lower at lunch
    AAP11 hours ago

    Aust shares lower at lunch

    The Australian share market remains in negative territory, driven lower by a very poor session for the miners and weakness in the big banks. The benchmark S&P/ASX200 index down 31.7 points, or 0.52 per ...

  • AAP12 hours ago

    Tenants fearful after housing deal

    Private equity giant Blackstone has struck a deal with UK social housing association Sage, sparking fears from campaigners that it will price out low-earning, elderly and sick tenants. New York-based Blackstone, which owns the largest home rental company in the United States, will fund for-profit housing

  • A2 Milk expands into northeast US states
    AAP12 hours ago

    A2 Milk expands into northeast US states

    Dairy producer The A2 Milk Company is dramatically expanding its business in the United States, rolling out its products across the north-east of the country to give it a presence in 5,000 stores nationwide. "Sales velocities are now achieving sustainable levels in California, the South East region

  • AAP13 hours ago

    McDonald's manager under fire for comments

    A far north Queensland McDonald's manager accused of asking a teenage girl if she thought she was beautiful during a job interview has been stood down. The girl's mother Rita Pryce wrote on Facebook the girl was "so scared" after the interview, in which she was also allegedly scrutinised

  • South32 ups FY manganese outlook
    AAP13 hours ago

    South32 ups FY manganese outlook

    Diversified miner South32 has boosted its expectations for South Africa manganese production and maintained full-year guidance for all other products after a solid first-half performance. South32 chief executive Graham Kerr says strong demand and good performance for the company's South African

  • AAP13 hours ago

    Don't ditch NAFTA, car makers tell Trump

    Global car manufacturers have urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernised and improved trade pact. Fiat Chrysler Automobiles NV (FCA) chief executive Sergio Marchionne

  • Aust shares follow Wall Street lower
    AAP13 hours ago

    Aust shares follow Wall Street lower

    The Australian share market is firmly in the red in early trade, following a negative lead from Wall Street. The benchmark S&P/ASX200 index was down 0.43 per cent at 6,022.8 points at 1030 AEDT with the miners and energy stocks weighing the most, while the healthcare and retail sectors are leading gains

  • Aust launches wine trade fight with Canada
    AAP13 hours ago

    Aust launches wine trade fight with Canada

    The Australian government has sent a shot across the bow of Canada as it launches a trade fight over wine exports. The government has filed a formal complaint with the World Trade Organisation in protest at the way Canada applies rules over the sale of Australian wine. Imported wines in Canada sold