Queensland Industrial Relations Minister John Mickel has announced public service unions will resume pay negotiations with the State Government next week.
September 30, 2008
Ireland guarantees bank deposits
Ireland announced a two-year guarantee on savers & #39; deposits in six major banks Tuesday in a bid to bolster the country & #39;s financial system.
St George bid tarnishes Westpac shares
Shares in Westpac suffered the sharpest drop among Australian banking stocks, amid worries over the bank & #39;s & #36;17 billion offer for St George Bank Ltd.
ABC Learning delays results as Grove departs
The troubled childcare operator ABC Learning has again failed to meet a deadline to release its financial results for 2008.
Japan faces fresh economic gloom
Fears mounted that Japan & #39;s economy was slipping into recession as job offers sank to their lowest level in four years.
Russia shuts share markets
Trading of shares on both of Russia’s main stock markets, the RTS and the MICEX, was halted by government regulators before trading could begin, the exchanges said.
Share market down $55bn in horror day
THE share market closed down 4.3 per cent, losing about $55 billion in value, as investors fled most sectors after the US Congress voted down a $US700 billion ($879.78 billion) bailout package for US financial firms.
Miner Tamaya suspends trading
COPPER miner Tamaya Resources has suspended trading in its shares on the Australian stock exchange today and begun discussions with creditors to prevent the group from going under.
ABC Learning delays results – again
ABC Learning Centres has delayed the release of its annual results for a second time, saying it will now be announced in October.
Big rate cut tipped next week
FINANCIAL markets are factoring in a 50 basis point cut in interest rates next week after economic data released today showed signs of underlying weakness in the economy.