The economic outlook is still tough, but the worst may have passed, according to respondents to the latest Age half-yearly economic survey.
The Northern Territory Opposition tourism spokesman says the latest tourism figures show the Government has failed in its bid to attract national and international tourists.
The RBA is expected to leave interest rates on hold next week as more signs emerge that the economy is faring better than most.
British Airways says it will ground aircraft, slash seat numbers and delay taking new A380 superjumbos as travel demand slumps.
Crude oil futures in New York fell below $US66 a barrel, a 10 per cent decline from this year’s high, marking a market ‘correction.’
A nephew of PNG’s Prime Minister Michael Somare has been accused of pressuring remote villagers to sign away their land for carbon deals.
Developing countries’ share of worldwide equity value climbed to a record as the fastest-growing economies lured investors amid the first global recession since World War II.
No longer a corporate wunderkind, Porsche boss Wendelin Wideking is fighting to save the carmaker and his job.
Allen Stanford’s liquidators from Antigua were awarded control of 120m pounds in UK assets seized in a fraud probe.
New figures reveal the number of bankruptcies in Western Australia has been rising at a greater rate than in any other state.