Uncertain future for British newspapers
Local Australia Business Updates
Analysts warn a short-term sales surge could be followed by long-term collapse in British newspaper market.
Source: Sky News Australia
Carbon tax hostility softening- Newspoll
Local Australia Business Updates
The latest Newspoll shows support for the carbon tax has risen since the govt unveiled details of the plan.
Source: Sky News Australia
Top US debt deal senator optimistic
Local Australia Business Updates
US Senate Majority Leader Harry Reid is optimistic a deal will be reached to avert a debt default.
Source: Sky News Australia
Call for end to US political gridlock
Local Australia Business Updates
The White House has called for an end to the political gridlock blamed for the US credit rating downgrade.
Source: Sky News Australia
ANZ cuts fixed rate loans
Local Australia Business Updates
The ANZ bank has cut its fixed-rate loans following discounts by a number of major lenders.
Source: Sky News Australia
1000 steel jobs to go in NSW, Victoria
Local Australia Business Updates
BlueScope Steel is reportedly cutting 1000 jobs due to the rising dollar and surging raw materials prices.
Source: Sky News Australia
BP to be sued over oil spill - report
Local Australia Business Updates
Oil giant BP could be sued by thousands of fishermen and business owners after a US judge ruled it possible.
Source: Sky News Australia
Business pushes govt on work contracts
Local Australia Business Updates
AIG wants the govt to allow greater flexibility between workers and employers on individual work contracts.
Source: Sky News Australia