Australia must diversify economy: report

FIVE "super growth" industries could boost the national economy by $250 billion over the next 20 years. Mining is expected to remain a major driver of prosperity, according to a new Deloitte Access Economics report released on Tuesday, with agribusiness,...

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Greece expects economy to grow, finally

GREECE expects its economy to grow next year - at last. In its draft budget presented on Monday, the government forecast the economy would grow 0.6 per cent, the first annual improvement after a brutal six years of contraction. This year it is...

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Greece expects economy to grow, finally

GREECE expects its economy to grow next year - at last. In its draft budget presented on Monday, the government forecast the economy would grow 0.6 per cent, the first annual improvement after a brutal six years of contraction. This year it is...

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Jetstar to fly Dreamliners

BUDGET carrier Jetstar will fly its new high-tech Dreamliner aircraft from Melbourne to the Gold Coast, starting in November. Qantas and Jetstar chief executives Alan Joyce and Jayne Hrdlicka have toured Boeing's factory in Seattle, as the group...

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ASX BookBuild to launch on Tuesday

THE Australian Securities Exchange (ASX) has launched a new bookbuilding facility which it says will broaden the number and range of investors who can participate in this process to set the price of new shares. In a bookbuild, the bookrunner,...

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Target of US raid in Somalia named

THE target of raid by Navy SEALs in Somalia over the weekend was a Kenyan man named Abdulkadir Mohamed Abdulkadir, a US official says. A Kenyan government intelligence document names him as the co-ordinator of other planned attacks. The man,...

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WWF seeks to protect Congo park

THE World Wildlife Fund is trying to block proposed oil exploration in Africa's oldest national park where 200 gorillas live. The Swiss-based conservation group filed its complaint on Monday with Britain's Department for Business Innovation...

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