News

Cabcharge has been fined $14 million plus costs in the Federal Court in Melbourne for three contraventions of section 46 of the Trade Practices Act 1974.

Virgin Blue flight delays continue into their second day, with some 116 flights canceled in the last 36 hours, however conTgo has taken this opportunity to promote their Mobile Travel Assistant system.

Greater Building Society has launched an iPhone app that will allow customers to locate ATMs, branches and access to internet banking.

Virgin Blue plunged airports across Australia into chaos yesterday with the failure of its check in systems, however the airline expects flights to return to normal by the end of the day despite continued disruptions today.

Bunnings plans to spend $600 million in NSW over the next three years including a 20,000m² Bunnings Warehouse in Alexandria which will be the largest home improvement store in Australia, creating over 255 permanent jobs.

The Australian dollar is trading at a two year high against the US dollar, hitting US96.08c during early trade this morning.

Karin Adcock, the Danish-born entrepreneur who first introduced the popular PANDORA collectible charm bracelet to Australia was named today as the 2010 Telstra New South Wales Business Woman of the Year.

Scoupon, the Groupon spinoff from the CatchOfTheDay team has entered the PR war with rivals Jumponit, Spreets and Microsoft and PBL backed Cudo.

Australian businesses are increasing their investment in research and development, with $19.9 billion spent in the 2008-9 financial year according to figures released today by the Australian Bureau of Statistics.

Australian company Microskin has been awarded a prestigious Best of Beauty award by Allure magazine for their simulated skin product.

The NSW Anti-Discrimination Board has granted an exception to the Anti-Discrimination act to Trivett Automotive which will enable the company to recruit females only.

Dell Streak, the 5-inch over-sized phone or under-sized tablet is finally making its way to Australia with an exclusive three month deal starting October with Optus.

Qantas Airways is reportedly in talks with potential partners for its budget airline Jetstar to establish regional hub access in China and India to combat Virgin Blue’s deal with Etihad giving it access to the middle east.

DFO’s Austexx is set to sell four of its nine DFO shopping malls to CFS Retail Property Trust as CFS seeks to raise $500 million in capital to complete the transaction, according to reports from people close to the matter in Bloomberg.

Virgin Blue’s alliance with Etihad to code share on flights between Australia and the Middle East has received interim approval by the ACCC despite objections from rival Qantas.

Metcash’s $215 million offer to acquire Franklins 85 supermarkets and distribution chain from South African based Pick n Pay Retailers (Pty) Limited has the ACCC considering whether to block the deal on competition grounds.

Virgin Money will offer life insurance in Australia, expanding on its superannuation and credit card offers early next year. Virgin Money will deliver life insurance through a freshly minted alliance with TOWER Australia.

Choosing a bank has always been as much about convenience as getting a good deal. For decades, it’s simply been easier to throw our lot in with a big bank than to research the challengers and shift our accounts.

You’re happy! This year one of our goals at MYOB has been to get a handle on the “Happiness” of Australia’s business owners.

The Tourism and Transport Forum will release a report today by LEK consulting that claims Australian Governments will need to spend $20 Billion per year on new transport projects over the next decade to accommodate Australia’s growing demand.