Clive Palmer faces undignified exit from Parliament after administrators' damning report
Video will begin in 5 seconds. Palmer tries to set the record straight Clive Palmer denies being a shadow director of Queensland Nickel, admitting using an email alias to anonymously make dinner reservations. Courtesy ABC. PT1M53S 620 349 Clive Palmer is facing an undignified end to a brief parliamentary career and may face criminal charges after administrators of his bankrupt Queensland Nickel found he acted recklessly as a company director.Mr Palmer, who won the Sunshine Coa..>> view originalUberX holds off committing to Adelaide transport market
UberX holds off committing to Adelaide transport market Updated April 12, 2016 16:12:39 A ride-sharing company has threatened to stay out of the Adelaide market unless the South Australian Government relaxes new regulations that would legalise its operation. Key points:Compensation package for those in the taxi industry includes $30,000 payment per licenceAll metro taxi trips will have a $1 levy to fund assistanceUberX wary of level of regulation outlined by SA Governm..>> view originalMint Payments enters Singapore
Mint Payments enters SingaporeAAPApril 12, 2016 1:38PMSavePrint Mint Payments enters SingaporePayments processing company Mint Payments has added further momentum to its expansion in Asia, working with Singapore's Network for Electronic Transfers (NETS).The five-year agreement with a five-year option to renew covers Mint's suite of card present and card not present payment solutions.The two companies will develop and launch Singapore's first NETS branded unified mPOS solution, licensed by Mint,..>> view originalFund managers stay calm despite Blackmores, Bellamy's plunge
Fund managers and analysts are playing down the risks of a collapse in demand from China for products of some of the sharemarkets most feted stocks, including Blackmores and Bellamys, despite a plunge in their share prices after a regulatory crackdown on foreign goods.Vitamin maker Blackmores suffered its biggest intraday fall on Tuesday – plunging as much as 20 per cent in early trade – after falling 13 per cent on Monday. Chinese authorities late last week published a "positive list" of goods..>> view originalReplacement administrators for Arrium
New $5 note revealed by Reserve Bank of Australia
New $5 note revealed by Reserve Bank of Australia Video will begin in 5 seconds. Australia's $5 note: a brief history Take a look at history of the Australian $5 note, from the first generation introduced in 1967 to the new polymer design to be circulated in 2016. PT1M0S 620 349 It has been 49 years and many iterations since our first $5 note hit wallets in 1967. The latest version, revealed on Tuesday, is especially designed for the visually impaired, with bold colours and..>> view originalFed funds, tunnel for Perth Freight Link
More Commonwealth cash has been committed to the $1.9 billion Perth Freight Link project.Fed funds, tunnel for Perth Freight LinkThe federal government has committed more money to the controversial Perth Freight Link, which will end in a tunnel, meaning fewer homes than initially feared will be demolished to build it.Prime Minister Malcolm Turnbull announced almost $261 million in funding in Perth on Tuesday, adding to the $925 million previously pledged by the Commonwealth.The total project cos..>> view originalTelstra continues renewal push with Craig Dunn joining board
Telstra continues renewal push with Craig Dunn joining boardMichael RoddanThe AustralianApril 12, 2016 8:51AMSavePrint Former AMP CEO Craig Dunna, appointed to Telstra’s board.Telstra will expand its board of directors with the appointment of former AMP chief executive Craig Dunn as a non-executive director, as the nation’s largest telco continues along a path of renewal under new boss Andrew Penn.Mr Dunn, who was chief of the financial services giant AMP from 2008 to 2013, will stand for elect..>> view originalRates likely to be held on strong outlook
Rates likely to be held on strong outlookBy Marty SilkAAPApril 12, 2016 4:32PMSavePrint Rates likely to be held on strong outlookSoaring business conditions have increased chances the Reserve Bank will hold rates this year.Overall business conditions rose from +8.0 to +12 points in March, according to the National Australia Bank's Monthly Business Survey, released Tuesday.NAB chief economist Alan Oster said the index was above the long-run average of +5.0 and at its highest level since 2008."Th..>> view originalShell CEO says may sell some North Sea assets to improve portfolio
Reuters on April 12, 2016, 2:14 pm By Sonali PaulPERTH (Reuters) - Royal Dutch Shell could sell some of its older, lower grade North Sea assets to improve the quality of its portfolio, CEO Ben van Beurden said on Tuesday, part of a two-year programme to help finance its purchase of gas major BG Group.After completing the $52 billion acquisition of BG in February, Shell said it would sell $30 billion in assets between 2016 and 2018 to help finance the deal and to maintain its dividend follo..>> view original
Tuesday, April 12, 2016
Clive Palmer faces undignified exit from Parliament after administrators' damning report and other top stories.
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