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Australian economy



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China in new Gold rush

GOLD Coast real estate agents are reporting an increase in the number of buyers coming from China who are buying to homes to live in - rather than holiday homes.

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Palmer snaps up refinery

BILLIONAIRE magnate Clive Palmer will buy the Yabulu nickel refinery near Townsville as part of plans to build a diversified mining empire.

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Truck dealers probed by ACCC

TWO Queensland truck dealers have been pinged by the Australian Competition and Consumer Commission for alleged price fixing and market sharing.

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Step up work effort

RECRUITER Katy McTigue-More from McTigue-More and Associates are whipping jobseekers into shape with free bootcamps aimed at improving work prospects.

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Recruiters target social networks

"STOP, collaborate and listen": Social networking guru Iggy Pintado uses those words to advise jobseekers on gaining the best advantage from online job searches.

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'Man of steel' dies

VICTOR Smorgon, the head of one of Australia's wealthiest families and one of the country's greatest industrialists, has died in Melbourne.

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Millions hit the shops

ARMED with cash handouts from the Government and cheered by better home values and share prices, millions of us hit the shops in May.

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Trees fate to be decided court

A FEDERAL Court judge will be asked to decide the fate of hundreds of millions of dollars worth of eucalyptus trees owned by Timbercorp investors.

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Stocks end week in a slump

THE Australian share market has closed lower, after US markets fell on the back of worse than expected unemployment figures.

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Cape Lambert nabs 37pc of DMC

WA MINER Cape Lambert Iron Ore will acquire a 37 per cent stake in Australian-listed African iron ore explorer DMC Mining

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Microsoft pulls vomit ad

MICROSOFT has bowed to public outcry and pulled from the web an ad rapidly gaining fame as "the worst technology commercial ever".

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Court approves Patrick fines

THE Federal Court has agreed a $3.8 million fine should be paid by Patrick and P&O Ports to end a controversial price-fixing court case.

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WA puts swing in services step

RISING confidence among consumers has helped the services sector expand in June for the first time in 15 months, a survey shows.

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Beach extends takeover offer

OIL and gas company Beach Petroleum has extended its takeover offer for Drillsearch until August 14 and waived all conditions.

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'Richest man' considering BHP assets

Clive Palmer may buy BHP assets BHP offloads Yabulu BHP share price : Check the latest