AuBJ — January 26 — Christmas sales made by small businesses were better than expected according to a new report by ANZ Banking Group. ANZ’s Small Business Sales Trends revealed that while small businesses struggled during the last calendar year, figures for the Christmas period were up by 3.... Read More

AuBJ — January 26 — Despite posting a 5.9 per cent increase in its fourth quarter earnings, Peabody Energy has warned that its global coal output was unlikely to change this year due to standards at its recently acquired Macarthur Coal mines. Peabody, which who bought the mines in a US$ 5.05 bil... Read More

AuBJ — January 26 — A number of big names from the business world have been recognised in this year’s Australia Day awards. Executives from across a number of business sectors have been honoured for their contributions to the country, including Infrastructure Australia chairman Sir Rod Ed... Read More

AuBJ — January 25 — Anglo-Australian mining giant Rio Tinto has acquired a majority stake in Ivanhoe Mines after it increased its share in the company to more than half. Rio acquired an additional 15.1 million shares of Ivanhoe for approximately C$302 million in a move described by Rio’s head... Read More

AuBJ — January 25 — Faulting car maker Toyota has turned down the option of bailouts designed to give its Australian manufacturing operations a lift and save 350 workers from losing their jobs. The Japanese manufacturer said it would not accept a lump sum payment from the Federal Government to p... Read More

AuBJ — January 25 — No less than eight Australian hotels have been included in a leading UK lifestyle magazine’s list of top hotels and holiday destinations around the world. Hotels featuring in Tatler magazine’s list of the ‘101 Best Hotels in the World’ include Blue Mountains Private S... Read More

AuBJ — January 24 — Struggling manufacturer Toyota Australia has announced that 350 workers at its manufacturing plant in Altona, Victoria, will lose their jobs. The announcement is part of an immediate plan to reduce pressure on its operations and adjust its workforce. Toyota Australia Preside... Read More

AuBJ — January 24 — Queensland’s mines minister has warned jobseekers within the state’s mining sector to watch out for scam recruitment agencies. Stirling Hinchliffe warned jobseekers to do their research before singing up with agencies claiming to be a recruiting hub for the resources ind... Read More

AuBJ — January 24 — Newcrest Mining has announced that its gold production fell by 20 per cent in its second quarter. The firm cited heavy rain at its mining operations in Papua New Guinea and a groundfall at an open-pit mine in Australia as the key reasons for the fall. Gold production fell f... Read More

AuBJ — January 20 — The mining industry has welcomed the WA Government’s commitment to upgrading Esperance Port , which will play an important role in developing the sector in the south of the state. The WA Government has said that it will soon begin looking for backers to fund the port’s A... Read More

AuBJ — January 20 — Airlines operating the world’s biggest passenger jet have been asked by its manufacturer to ramp up checks on the aircrafts after cracks were discovered in the wing components on an Airbus A380 It is the second time this month that cracks have been discovered in the wi... Read More

AuBJ — January 20 — The Australian Government has announced plans to set up the Urban Policy Forum, as it aims to ensure the planning, design and management of the country’s cities remain a high national priority. The move to set up the forum has been approved by the Green Building Council of... Read More

AuBJ — January 19 — Domestic passenger figures fell at Melbourne Airport last year thanks to ongoing industrial action at Qantas and a lengthy suspension on Tiger’s operations. The airport did, however, achieve strong growth in international passenger figures during 2011 with the total number ... Read More

AuBJ — January 19 — New Zealand’s state-owned energy company Meridian Energy has cancelled plans to build a NZ$2 billion wind farm in central Otago following a review of the project. With up to 176 wind turbines, the NZ$2 billion project on the Lammermoor Range would have generated enough elec... Read More

AuBJ — January 19 — Plans have been announced for a large mining equipment facility to be built in Queensland. The A$50 million manufacturing plant will be built at the Port of Mackay for Nepean Mining and is expected to generate 400 new full-time jobs. Covering 5.8 hectares, the plant will pro... Read More

AUBJ — January 18 — Rival mining giants Rio Tinto and BHP Billiton have both announced record-breaking iron-ore results for 2011. Rio Tinto CEO, Tom Albanese, said: “This was another record breaking year in Pilbara with both quarterly and full-year iron ore production and shipments beating pre... Read More