Govt electricity networks price spike
Local Australia Business Updates
Government-owned electricity networks are charging almost twice as much as privately-owned operators.
Source: Sky News Australia
Lockheed Martin IT network attacked
Local Australia Business Updates
US defence contractor Lockheed Martin has confirmed that it had detected a major attack on its IT network.
Source: Sky News Australia
IMF to lend Egypt $3bln - ministry
Local Australia Business Updates
The IMF has granted Egypt a loan of $US3 billion over 12 months to help put its economy back on track.
Source: Sky News Australia
Greek protesters urge fresh rallies
Local Australia Business Updates
Protesters in Greece's main square have rallied support against the govt's proposed austerity measures.
Source: Sky News Australia
Greek finance chief urges debt consensus
Local Australia Business Updates
Greece's new finance minister has called for a political consensus over handling the country's debt crisis.
Source: Sky News Australia
Sharemarket to open one per cent lower
Local Australia Business Updates
The Australian sharemarket is expected to open around one per cent lower today.
Source: Sky News Australia
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Comments: Australia is a very good place for business. When I go there to do business I do not have to worry about payment because Australians pay before and after transactions on time.
Murdoch flies into hacking storm
Local Australia Business Updates
Rupert Murdoch has met with senior News International executive Rebekah Brooks in his London home.
Source: Sky News Australia