An unexpected boost in exports in the three months to June has prompted economists to lift their forecasts for economic growth in the quarter.36 billion, or 87 per cent, in the June quarter, seasonally adjusted figures from the Australian Bureau of Statistics showed.
Queensland company Senex is the preferred tenderer for the first major gas project in the Surat Basin to produce for supply for domestic consumption only.Queensland mines minister Anthony Lynham made the announcement to state parliament on Tuesday, telling MPs it would generate about 150 jobs.
2 per cent in the June quarter - a rate not seen since the same quarter of 2015 - for an annual rate of 1.6 per cent.
Most groups owed money by the struggling Ten Network, including employees, will be paid in full under the takeover deal proposed by US broadcast giant CBS, the administrators of the third-ranking free-to-air player say.A report to creditors of Ten released on Monday night says the deal proposed by CBS in its surprise bid for the Australian network will enable Ten to continue and "maximise" return to creditors.
Consumers are feeling less confident in their own finances but are more positive about the broader economy.The latest ANZ-Roy Morgan Consumer Confidence Index gained half a percentage point last week to 114.
On Tuesday United Tech also knocked down speculation that the acquisition would prompt it to spin off other businesses, such as Carrier air conditioners or Otis elevators.The acquisition creates a major supplier to Boeing Co, Airbus SE and Bombardier at a time when the plane makers are pressing for price cuts and trying to compete against suppliers on services and spare parts.
The Rovio shares will be listed on the Nasdaq Helsinki exchange.The company is best known for Angry Birds, first launched as a mobile game in 2009.
The company owns the Abra lead and silver project in central Western Australia, one of the largest lead-silver deposits in the world, and wants to develop it into a mid-sized, high grade and high margin operation.5 million.
Low interest rates are here to stay, and the outlook for investment is brighter - that's the message from RBA Governor Philip Lowe.Speaking at a dinner in Brisbane, Mr Lowe said the central bank is aiming to stimulate the economy, without adding to already high levels of household debt.
Nissan's new Leaf electric car goes further on a charge, is equipped with autonomous drive technology and single-pedal driving, but it remains to be seen if it will catch on with anyone other than the most zealously green-minded.That's up from up to 280 kilometres for current Leaf models.
In a speech, US federal banker Robert Kaplan says the US balance sheet should be trimmed as soon as possible.This as damage from Hurricane Harvey - and also the expected damage from Hurricane Irma - looms ahead for the Trump administration.
Two global fashion giants - whose brands include Louis Vuitton, Christian Dior, Saint Laurent and Gucci - have joined forces to ban extremely thin models from their advertising and catwalks.Unveiling a charter 'to ensure the well-being of models', the French companies also banned brands from hiring models aged under 16 'to take part in shows or shootings representing an adult'.
Santos and its joint venture partners at the Gladstone LNG project in Queensland have agreed to divert about 30 petajoules of gas to the domestic market, in an effort to stave off government export curbs.The gas, which would have been exported, will instead be sold to customers on the east coast over 2018 and 2019, Santos said.