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A proposal to roughly double the royalties paid by the state’s two biggest iron ore miners was divisive and could set a dangerous precedent for fixing budget issues, Fortescue Metals Group chief executive Nev Power told this morning’s Business News Success & Leadership breakfast.
Woolworths bosses have sought to reassure shareholders about the future of its struggling discount department chain, Big W, a week after its newly installed chief executive resigned. The court has recognized the rights of officials to prosecute trading cases involving business executives who pass along information to relatives. Take a look behind the scenes of a new three-screen cinema which will be opening in Norfolk at the end of this week. Let us know what news and updates you want to hear about and we’ll send them straight to your inbox. Enter your postcode so we can keep you up-to-date with the latest local news and exciting deals.
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Construction will start later this week on Defence Housing Australia’s 166-dwelling Liv Apartments in Fremantle, after Georgiou Group was appointed as DHA’s building contractor. Mineral sands miner Iluka Resources has revived its $375 million takeover of Sierra Rutile, a week after the deal fell under a cloud due to geotechnical risks at the target’s tailings dams. Micro-offshoring services to small and medium enterprises (SMEs) in Australia could be a niche market for local business process outsourcing (BPO) firms, a new study by the Philippine Institute of Development Studies (PIDS) said. Donald J. Trump’s stock holdings are not a significant portion of his business empire, but the sale described by a spokesman would alleviate some concerns about his conflicts.