Tuesday, September 13, 2016

Ozsale Pty Ltd fined $500000 for selling non-compliant children's nightwear and other top stories.

  • Ozsale Pty Ltd fined $500000 for selling non-compliant children's nightwear

    Ozsale Pty Ltd fined $500000 for selling non-compliant children's nightwear
    An online shopping club that sold children's nightwear "so unsafe that it  should not have been supplied in Australia at all" has been fined $500,000 by the Federal Court. More News Videos Previous slide Next slide Paediatrician appalled by lack of product safety testing Lindt siege police response in question Bernardi not backing down The new senate numbers explained Photo montage: the opening of parliament Operation Sp..
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  • Victoria bans fracking and moratorium stays in place

    Victoria bans fracking and moratorium stays in place
    The Victorian government has banned fracking in the state. Glenn Hunt GTH Victoria should withdraw from any policy discussions over east coast gas and expect to pay higher energy prices, industry leaders say, after the state government permanently banned fracking and kept the moratorium  on onshore gas development until 2020.On Tuesday, Premier Daniel Andrews announced the permanent ban on the exploration and development of all onshore unconven..
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  • Resolute Mining to offer dividends in physical gold or cash

    Resolute Mining to offer dividends in physical gold or cash
    If you want to get your hands on some gold, then buying shares in Resolute Mining may be the way to go, with the company deciding to offer shareholders the choice of the precious metal or cash as dividends.And the option may be all the more attractive if you reckon the price of gold will keep rising. It is already standing at near-record levels in Australian dollar terms, and if the local currency falls further against the US dollar, this could see your return rise further. Resolute Mining..
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  • Lowe's legal action puts returns Woolworths seeks from hardware exit at risk

    Lowe's legal action puts returns Woolworths seeks from hardware exit at risk
    Woolworths may not see a cent from the sale of its ill-fated Masters Home Improvement business and may even end up incurring further costs after its US joint venture partner Lowe's launched legal action to install a liquidator to wind up the business.Analysts fear Woolies may not see any return from the Home Consortium's $750 million bid for the Masters joint venture vehicle Hydrox Holdings, money chief executive Brad Banducci has already earmarked for store refurbishments this financial year. ..
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  • Surfstitch coming apart at the seams, investors dump shares

    Surfstitch coming apart at the seams, investors dump shares
    Surfstitch coming apart at the seams, investors dump shares Updated August 30, 2016 18:38:41 Less than 20 months since listing, surfwear and media company Surfstitch looks to be coming apart at the seams after shares plummeted to new depths on announcing a $154 million full-year loss.Shares crashed more than 50 per cent today to just 11 cents on the news of the heavy write-downs, anaemic guidance and the sale of a surfboard manufacturer it purchased late last year for $..
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  • iSelect to become 'life admin store'

    iSelect to become 'life admin store'
    iSelect's chief executive Scott Wilson is diversifying the comparison business into new segments to drive future growth. Peter Braig The chief executive of iSelect Scott Wilson wants to build the company into a "life admin store", not just a comparison website, and to do so he intends to win the trust of consumers."We're taking a market leading position on transparency. Deloitte is currently doing a full review and making recommendations on the..
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  • Roche play for Simonds Group

    Roche play for Simonds Group
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  • Market manages tentative bounce - The West Australian

    Market manages tentative bounce - The West Australian
    Gareth Costa and AAP - The West Australian on August 30, 2016, 2:21 pm The Australian sharemarket managed a tentative bounce but finished well of the day’s high as global bond markets ignored US rate rise risks. Following the 0.5 per cent gain on Wall Street last night, the S&P/ASX 200 index opened 0.7 per cent up on low volume, but as volume increased to near average it dropped to close up just 9.1 points, or 018 per cent, at 5478.3 with mixed results among the major banks...
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  • Building approvals jump in July: apartments up 23pc from June

    Building approvals jump in July: apartments up 23pc from June
    Still going up: new apartment approvals in NSW jumped 48 per cent in July. Nic Walker Surging apartment numbers in NSW and Queensland pushed new home approvals to their highest level in more than a year in July and renewing concerns about a glut of high-density housing. A 23 per cent leap in approvals of new apartments, townhouses and semi-detached homes - the biggest month-on-month gain in almost three years - took the number of multi-unit ap..
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  • Ramsay slams health insurers on reform

    Ramsay slams health insurers on reform
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