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Rentals still strong for Thorn Group
People with bad credit histories are flocking to the Radio Rentals' brand, helping boost the revenues of its parent company by eight per cent . The Radio Rentals businesses posted record rentals and revenue for the 12 months to March 31. Thorn Group reported revenues of $203 million for the 12 months but net profit was flat at $28 million due to the cost of developing new products. Thorn ...
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Negative gearing report wrong Hawke
Liberal backbencher Alex Hawke says the coalition has no plans to alter existing negative gearing arrangements, saying a media report to the contrary is false. The West Australian newspaper on Tuesday said the coalition's promised review of the taxation system could lead to the scrapping of the tax break on investment properties. But Mr Hawke told Sky News "the coalition has no plans ...
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Melb man Adrian Bayley to face rape trial
A Melbourne man will stand trial on multiple counts of rape next year. Adrian Ernest Bayley, 41, appeared in the Victorian County Court on Tuesday facing 14 charges in total. The offences allegedly occurred in the St Kilda area and date back to 2000. Bayley, of Coburg, was not asked to enter a plea on Tuesday but during a previous appearance in the Melbourne Magistrates Court he pleaded not ...
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Mike Carlton lashes Australian Story
, claiming his comments were "selectively edited" by the show's producers to give a glowing account of his former radio nemesis Ray Hadley. Carlton launched his tirade via his Twitter account, describing the program, which aired on Monday night, as a "travesty", "disgrace" and "garbage". On Tuesday, Carlton tweeted: "Bizarre that last ...
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Mix94.5 still on top and 6PR takes a fall
6PR's Sattler was diagnosed with Parkinson's disease last year and since then his ratings have been varied.He enjoyed a spike during the previous radio survey, but was again down 1.1 points in the latest Nielsen results released on Tuesday, to hold 8.4 per cent of the audience.NOVA93.7 continue to dominate the drive timeslot gaining another 1.4 points, bringing its audience share to ...
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75kg of precursor drug seized in Sydney
A SYDNEY waterfront probe into organised crime has led to the alleged seizure of 75 kilograms of a restricted drug and two ...
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Qld govt botches fund allocation report
THE Queensland government is misallocating funds which are supposed to flow from gambling profits to vital community organisations, a report ...
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Clearer of NSW koala habitat off the hook
Property developer Kyluk Pty Ltd launched an appeal after it was fined $127,500 in March last year for "picking" Shale Sandstone Transition Forest (SSTF) to make way for cattle grazing at a property near Appin, southwest of Sydney, in 2009.But the fine was overturned by the Court of Criminal Appeal, which has sent the matter back to the Land and Environment Court.The Land and ...
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Cultural change in ADF after Skype scandal
THERE is an "unstoppable momentum" for cultural change in the Australian Defence Force (ADF) following the notorious Skype sex scandal, the chief of the army ...
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MP signals gay marriage conscience vote
A LIBERAL MP opposed to same-sex marriage has signalled the party could allow a conscience vote on the issue after the September 14 ...
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Qld party precinct plan didnt work
The Queensland Audit Office's report to parliament about the Drink Safe Precinct (DSP) trials in Townsville, Brisbane's Fortitude Valley and Surfers Paradise on the Gold Coast was tabled on Tuesday.The report says the scheme, which began in 2010, doesn't appear to have worked and gives no indication as to how alcohol-fuelled violence can be combated in the future."The DSP ...
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Gloom hits services as Australias mining boom peaks
With miners from BHP Billiton Ltd down shelving projects and slashing costs that grew out of control during the boom, they have turned the screws on ...
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Low inflation high $A prompted rate cut
The central bank has given no clues whether more reductions are on the cards after low inflation allowed it to cut the cash rate to a record low at its May board meeting.The Reserve Bank of Australia said that inflation was expected to remain within its target range of two to three per cent for the next few years."The board decided that some of that scope to ease policy should be used at ...
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AFLs Thomas recalls Winmar incident
Golden girl Cathy Freeman gushed with excitement on Tuesday at the mere sighting of former St Kilda star Nicky Winmar.While Freeman's 400-metre dash during the 2000 Olympics was a high point in celebrating Australia indigenous sporting talent, Freeman sees Winmar's jumper-lifting moment following the Saints' round-four win over Collingwood at Victoria Park in 1993 as another ...
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Boarts earnings hit by mining downturn
Drilling services company Boart Longyear says its earnings will fall in 2013 because mining companies are scaling back on exploration."The downturn in capital and exploration spending in the mining sector globally has clearly reduced the demand for drilling services and products," chief executive Richard O'Brien told Boart Longyear's annual general meeting in Adelaide.He said ...
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Australia womens cricketers get major pay boost
Members of the Australia women's cricket team will be among the country's highest-paid female athletes as part of a restructure of the Cricket Australia contract system. The leading players could earn up to $80,000 over the next year as part of the new payment programme, with the top player retainer having increased from $15,000 to $52,000 and the minimum retainer having been boosted ...
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End in sight for Elders sale
A 49 per cent surge in Elders' shares triggered talk that long-awaited asset sales were finally here. But Elders is expected to tell the Australian Securities Exchange today it has no idea what was behind Monday's rally, which generated its second speeding ticket in as many weeks from the ASX. However, Elders is understood to be close to striking a deal and could reach an outcome by ...
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US bumper crop to hit wheat futures
TRADERS in the grain market remain focused on the North American corn crop, which is in the last few weeks of its planting season. Good weather could lead to what is being forecast as a bumper crop - perhaps the biggest since 2009-10. The US Department of Agriculture has forecast that US farmers would be paid 32 per cent less for corn this year if the record harvest is collected. It would also ...
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Labor urges NSW govt support vaccine bill
Opposition Leader John Robertson is urging the NSW government not to play politics with a bill allowing preschools and care centres to refuse children who haven't been vaccinated. Labor will introduce the legislation to the lower house on Tuesday afternoon. "I want to see this parliament do something to ensure the safety of our children," Mr Robertson told reporters. "I am ...
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Lack of sleep greatly increases P-plater risk study
Young people who regularly miss out on just a few hours sleep are at a hugely increased risk of crashing their cars, a study of more than 20,000 NSW P-Platers has found. The teenagers – who slept, on average, six or fewer hours each night – may be so impaired by regularly missing out on sleep that they are unable to pick up the safe driving skills they need, lead researcher ...
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Women cricketers get big pay rises
Australia's women cricketers have been rewarded with big pay rises as they prepare their bid to add 2013 women's Ashes glory to their current World Cup and world T20 titles. Cricket Australia (CA) has announced a restructuring of the contracting system for women's international and state cricket which will make national team members some of the best paid female athletes in the ...
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Transfield shares tumble to record low
Almost $141 million has been wiped from the value of mining engineer Transfield Services as cost cutting in the mining sector sent its shares to a record low. The company has slashed its profit forecasts and fast-tracked additional cost saving measures, including job cuts, in response to weaker demand for its services. But analysts say Transfield's decision to slash 113 jobs comes too ...
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WA crisis meeting on Aboriginal suicide
Robert Eggington is among indigenous leaders to meet with WA bureaucrats over rising suicide levels among the Noongah community.Picture: Richard ...
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WA teen exercise rates drop academic
EXERCISE rates among high school children in Western Australia are declining to alarming levels, fuelling health concerns, an academic ...
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Ban unvaccinated kids - Health Minister
Health Minister Dr Kim Hames says he has no problem with individual child care centres banning unvaccinated kids, but won't be legislating on ...
Digest on Australia
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Australia the energy superpower?
A new boom in the extraction of Australia's natural gas reserves will have immense economic benefits for the country and especially the state of Western Australia, but conservationists warn of an environmental impact.
Australia is a country rich in natural resources, because of this its economy is an export driven one, and coal, iron ore, wool, meat, gold, and wheat are some of its main exports. It was in the 1920’s that Australia’s economic potential was underpinned by the gold rush that saw its population triple in size in just ten years. Read more
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