Myer denies breaching disclosure obligations, ASX places shares in trading pause

Myer denies breaching disclosure obligations, ASX places shares in trading pause

Updated November 16, 2018 11:13:30 The ASX has taken the unusual step of placing Myer in a trading pause, after a media report this morning revealed unreleased figures showing a slump in sales. Struggling department store chain Myer has denied breaching its continuous disclosure obligations under Australian company law. Myer …

Seafood industry calls for Senate inquiry into seismic testing

Seafood industry calls for Senate inquiry into seismic testing

Updated November 16, 2018 07:30:32 Photo: The Southern Bluefin Industry is concerned about the effect of seismic testing on marine ecosystems. (ABC News: Samantha Jonscher) Members of the Australian seafood industry are persisting in their calls for an inquiry into seismic testing, despite the Senate having twice rejected the idea. …

South Australia’s $38m Tesla battery site on track to charge in 2019, giving Infigen more opportunities

South Australia’s $38m Tesla battery site on track to charge in 2019, giving Infigen more opportunities

Updated November 15, 2018 10:07:20 Photo: The Lake Bonney plant is expected to last 10–15 years when it is constructed. (Supplied: Infigen Energy (digitally altered image)) A $38 million Tesla battery plant in South Australia is on track to be up and running by May. The plant will have 52MWh …

QSuper members asked to pay back thousands of dollars over ‘undetected administrative errors’

QSuper members asked to pay back thousands of dollars over ‘undetected administrative errors’

Updated November 15, 2018 15:12:08 Photo: Errors at QSuper means hundreds of members will be worse off. (ABC News: Josh Bavas) A QSuper member has been told his fund will be reduced by almost $290,000, after undetected administrative errors left hundreds of accounts incorrect for years. About 100 members of …

Regulators say they will muscle up against banks after royal commission highlights failings

Regulators say they will muscle up against banks after royal commission highlights failings

Posted November 15, 2018 17:43:05 Most people have a New Year’s resolution: to drop some kilos or spend less time on Facebook. In 2019, Australia’s financial regulators are vowing to get tough on institutions that break the law. Key points: APRA promises a focus on “governance, culture, enforcement” ASIC says …

Inpex boss touts potential expansion of Darwin’s Ichthys LNG Project ahead of opening

Inpex boss touts potential expansion of Darwin’s Ichthys LNG Project ahead of opening

Updated November 15, 2018 19:31:51 Photo: Inpex chief executive Takayuki Ueda toured the Darwin gas plant ahead of its official opening. (ABC News: Elias Clure) Darwin may reap far more than the expected 40 years of business from the biggest project ever undertaken on its soil, with a future expansion …

WestConnex construction causing depression and asthma, residents claim

WestConnex construction causing depression and asthma, residents claim

Updated November 15, 2018 16:45:43 Residents near the controversial WestConnex in Sydney’s inner west claim noise and air pollution from the construction of the road project has caused depression, as well as breathing problems such as asthma. Key points: A psychologist says Kate Cotis appears to have depression caused by …

Jobs boom rolls on with unemployment at its lowest since April 2012

Jobs boom rolls on with unemployment at its lowest since April 2012

Updated November 15, 2018 13:33:04 Australia’s jobs boom has rolled on for another month, with a better-than-expected 32,800 jobs created in October. Key points: Full-time jobs account for more than 80pc of new jobs created this year The number of jobs is growing at a solid pace of 2.5pc a …

Indonesia trade deal in limbo as pressure mounts on Prime Minister to rule out moving Israel embassy

Indonesia trade deal in limbo as pressure mounts on Prime Minister to rule out moving Israel embassy

Posted November 15, 2018 10:49:09 There are growing calls for the Federal Government to abandon a self-imposed Christmas deadline on moving its embassy in Israel, amid fears a crucial trade deal with Indonesia is at risk. Indonesia has expressed concerns about moving the embassy from Tel Aviv to Jerusalem, and …

Safety concerns at Hobart’s Nyrstar smelter, union claims, as future uncertain for workers

Safety concerns at Hobart’s Nyrstar smelter, union claims, as future uncertain for workers

Posted November 15, 2018 07:02:25 Photo: Nyrstar has been negotiating with the union over plans to reduce the number of maintenance workers from 63 to 43. (ABC News) Employees of Hobart’s Nyrstar zinc smelter are at risk of electrocution, acid burns and exposure to dangerous fumes, unions claim, with the …