Babcock Brown wins reprieve: report
Babcock Brown Ltd should resume trading on the Australian stock exchange as early as Thursday, the Australian newspaper online has reported.
Russian state bank asks for #36;50b handout
Russian state bank VEB has asked the Government for an additional 950 billion rubles ( #36;53 billion) to shore up its cash reserves, Vedomosti business daily reported.
#36;48m train upgrade to benefit disabled passengers
The Queensland Government says upgrades to south-east Queensland’s trains will make public transport easier for people with disabilities.
Pet shop code will eventually be mandatory: vet group
The head of the Australian Veterinary Association in Queensland says she expects that a new code of practice for the state’s pet shops will eventually become mandatory.
Forestry unsure on Bartlett briefing on mill supply
Forestry Tasmania’s General Manager has told a Parliamentary Committee he can’t remember when he briefed the Premier about extending the company’s wood supply contract for Gunns’ proposed pulp mill.
ASX slightly higher despite growth slump
THE share market closed marginally higher as figures showed that economic growth had slowed to a crawl in the September quarter.
St George cuts interest rates
ST GEORGE will cut interest rates on standard variable home loan rates by 0.85 per cent to 6.89 per cent from December 8.
WAN CEO to step down
WEST Australian Newspaper Holdings chief executive Ken Steinke is to step down from his job but will stay on temporarily to ensure a smooth transition.
BankWest cuts home loan rates
BankWest will cut interest rates on variable mortgages by 0.85 per cent, effective December 12.
BHP cuts output
BHP Billiton will cut manganese production at its majority owned Samancor operation in South Africa due to weak market conditions for the metal.
