Thu, Feb 16, 2012, 7:28 PM AEDT - Australia Markets closed

QR National first-half profit down 32%

Rail operator QR National says it is on track to triple its iron ore haulage as it cashes in on the mining boom on both sides of the country.It will also increase its coal haulage capacity to 300 million ... More »QR National first-half profit down 32%

  • * Potential delay on Greece bailout caps gains * Moody's taking ratings action against 114 financialinstitutions * Coming up: U.S. weekly jobless claims data; 1330 GMT (Adds comments, updates prices) By ...

  • The Qantas review of maintenance services is expected to start a jobs "bidding war" between Victoria and Queensland.The airline has , mainly in the catering and engineering sectors, but more ...

  • The Australian dollar is almost one US cent lower amid uncertainty over a planned bailout package for Greece.At 1700 AEDT on Thursday, the Australian dollar was trading at 106.68 US cents, down from 107.52 ...

  • Regional economic advisory groups face review

    The Northern Territory Government says it is reviewing its regional economic development committees.The committees were set up in 14 centres in 2006 to advise the government about economic policy in regional ...

  • Aust stocks lower on Greece worries AAP - 1 hour 20 minutes ago

    The Australian share market was dragged lower by renewed concerns that Greece is heading towards default combined with a weak lead from Wall Street while lower commodity prices weighed on mining stocks.The ...

  • Ex-Olympus boss arrested over cover-up ABC - 1 hour 25 minutes ago

    The former president of Japanese camera-maker Olympus has been arrested over a nearly $2 billion cover-up at the company.Six others have also been taken into custody over one of Japan's biggest corporate ...

  • Publisher PMP flags more redundancies AAP - 1 hour 44 minutes ago

    Publisher and direct marketer PMP says it plans to cut costs and offer redundancies during what it expects to be a challenging second half of 2011/12.PMP on Thursday posted a $4.6 million net profit for ...

  • Weak profit results spook investors ABC - 1 hour 48 minutes ago

    The local share market has ended lower in its worst result so far this year, despite unemployment figures beating expectations.Weak company earnings reports and rising fears that Europe would leave Greece ...

  • Goodman Group profits fall 11.5% AAP - 1 hour 52 minutes ago

    Industrial property owner Goodman Group says it remains please its performance despite a drop in first half profit.The company on Thursday said profit attributable to securityholders in the six months ...

  • Euro solution will boost markets, says ASX AAP - 1 hour 52 minutes ago

    A solution to Europe's debt crisis will trigger a return of confidence to the sharemarket, its operator says.ASX Ltd on Thursday reported a steady financial result for the first half of the financial year, ...

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