Austereo posts $94 million net profit despite Kyle rant

Dispite a number of key sponsors leaving Austereo after a number of issues with Kyle Sandiland, profits are up $60mill to $94 million.

Read more: http://www.news.com.au/entertainment/celebrity/austereo-profits-up-despite-kyle-sandilands-rant/story-e6frfmqi-1226284657680#ixzz1njLl1aS1

South Australian Government wants employment rights for sex workers

The South Australian Government are looking to centralise the sex industry by ensuring sex workers are given rights in regards to dismissal, minimum wage and collective bargaining.

Read more: http://www.news.com.au/business/worklife/sex-workers-want-employment-rights/story-e6frfm9r-1226284771142#ixzz1njKaj9WC

HSBC posts record $16 billion profit

HSBC, Europe's largest bank, have posted a record profit in 2011 due to growth in Asia offsetting the losses in Europe.

http://www.news.com.au/business/breaking-news/hsbc-posts-record-16-billion-profit/story-e6frfkur-1226283626853

500 jobs at risk as WOW Sight and Sound forced into receivership

WOW Sight and Sound, based in Queensland, has been placed into receivership, with 500 jobs likely to go.

Read more: http://www.news.com.au/business/jobs-at-risk-as-wow-sight-and-sound-forced-into-receivership/story-e6frfm1i-1226283395317#ixzz1ncN1nkpY

Gillard told: You've saved your job, now save ours

Staff at the Altona Toyota plant plea with Julia Gillard to help save their jobs now that she is safe at Prime Minister.

Read more: http://www.news.com.au/business/now-save-our-jobs-workers-tell-a-victorious-gillard/story-e6frfm1i-1226283343579#ixzz1ncML3RdU

Caltex posts loss of $852m

Caltex posts 2011 calendar year loss of $852 million amist concerns for the fuel industry in Australia

http://www.news.com.au/business/breaking-news/caltex-posts-loss-of-852m/story-e6frfkur-1226282389030

Work/life balance - how to get a better deal

How to get a better work / life balance at work

http://www.news.com.au/business/worklife/worklife-balance-how-to-get-a-better-deal/story-e6frfm9r-1226282044906

Embattled Billabong rejects $765m takeover bid by US firm

Billabong, who is financial trouble, rejects takeover bid from US based company.

Read more: http://www.news.com.au/business/markets/embattled-billabong-rejects-765m-takeover-bid-by-us-firm/story-e6frfm30-1226282928264#ixzz1ncKwsgr6

SleepCity business puts company to bed

More than 400 jobs as SleepCity is placed into the hands of administrators.

http://www.news.com.au/business/breaking-news/sleepcity-business-puts-company-to-bed/story-e6frfkur-1226281824601

A great idea is just a starting point

Case study looking at the starter of RedBalloon as how she took a good idea and turned it into a successful business.

Read more: http://www.theage.com.au/small-business/growing/a-great-idea-is-just-a-starting-point-20120219-1th6j.html#ixzz1nS2EaZRp

Qantas - A Case Study 2

Qantas has been through, and is still going through, a lot in the past 12 months.  It is important to keep up to date with the latest happenings with the business.

I have put together a number of articles all about Qantas in LiveBinder - an online binder to sort websites in one area.

You can access the binder here: http://www.livebinders.com/play/play/224699

All About Qantas - Glogster

A lot has happened, and is still having going through a lot, with Qantas.

Putting together a Glog, a graphical blog, on Qantas for different articles.

It can be accessed here: http://www.glogster.com/belpearson/qantas/g-6lp2kr561eou3c5rg8sgna0

An ABC Inside Look into Foxconn, the Factory in Which iPads Are Made

Interesting look at the factory in which iPads are made

http://blog.inner-active.com/2012/02/an-abc-inside-look-into-foxconn-the-factory-in-which-ipads-are-made/

Cash-hoarding Apple: 'We have too much money'

Apple looking to pay dividends to their shareholders after reporting a cash account of $91billion (US).

http://www.news.com.au/business/markets/apples-tim-cook-says-we-have-too-much-money/story-e6frfm30-1226280357290

Teen allegedly sacked over low pay query

Teenager is taking his employer for court for unfair dismissal after his mum queried his pay.

http://www.news.com.au/teen-allegedly-sacked-over-low-pay-query/story-fn7x8me2-1226279770944

Hospitals seek Fair Work Australia order to halt nurse strikes

Victoria's hospitals looking to seek an injunction with Fair Work Australia to stop strike action taken by nurses amid negotiations failing with the government over pay and conditions.

http://www.news.com.au/promise-on-nurse-numbers-in-doubt/story-fn7x8me2-1226278766999

Church of Scientology demands right to underpay workers

Church of Scientolgy asks for an exemption under the Fair Work Act to pay employees less than minimum wage.

Read more: http://www.news.com.au/business/church-of-scientology-demands-right-to-underpay/story-e6frfm1i-1226278848377#ixzz1nRpzv74M

David Jones hopes for 10 per cent of sales online

David Jones hoping that with the introduction on an online store with have about 10% of their sales.

Read more: http://www.news.com.au/business/david-jones-hopes-for-10-per-cent-of-sales-online/story-e6frfm1i-1226280532295#ixzz1nRKtrQ4t

How do Aussie bosses rate themselves?

Aussie bosses rate themselves low in entrepreneurship or innovation, but high in financial management and the management of external relationships.

http://www.news.com.au/business/worklife/how-do-aussie-bosses-rate-themselves/story-e6frfm9r-1226279845552

Virgin Australian Holdings says net profit doubled to $51.8 million

After the recent issues with Qantas, Virgin boasts a double net profit of $51.8 million.

Read more: http://www.news.com.au/business/virgin-australian-holdings-says-net-profit-doubles-to-518-million/story-e6frfm1i-1226279339963#ixzz1nAeM2vpj

Jetstar Pacific ownership goes to Vietnam Airways

Majority ownership of Jetstar Pacific will be now with Vietnam Airways, with only 30% remaining under control of Qantas.

http://www.news.com.au/business/jetstar-pacific-ownership-goes-to-vietnam-airways/story-e6frfm1i-1226277977215

OneSteel to axe 430 jobs after huge profit loss

OneSteel to cut 430 jobs after dwindling profit figures.

Read more: http://www.news.com.au/business/onesteel-to-axe-430-jobs-after-huge-profit-loss/story-e6frfm1i-1226277215746#ixzz1n3HH3W3l

SIMS posts big loss, omits outlook

Scrap metal recycler Sims Metal Management has recorded a $556.5 million first-half loss, due to its struggling North American business, and has offered no guidance for the full year.

Read more: http://www.theage.com.au/business/earnings-season/sims-posts-big-loss-omits-outlook-20120217-1tcsz.html#ixzz1maYMm4vp

Japan whalers take Sea Shepherd to court

Japanese Whalers are asking a US court to freeze the assets of the Sea Shepherd Conservation Society, arguing that the group are inciting terrorism with a attacks on their fleet of ships.

http://www.news.com.au/breaking-news/japan-whalers-take-sea-shepherd-to-court/story-e6frfku0-1226273526858

Qantas - A Case Study

A lot has happened with Qantas in the last 6 months:

• Ongoing Strike Action
• The Grounding of the entire fleet
• Job loses
• Decreasing profits

A lot of Qantas information can all be found here: http://www.livebinders.com/play/play/224699

Keep looking here, there is a lot of useful information to know all about Qantas updated regularly

Billabong may take crisis step

Billabong looking at take over bids amid falling profits over the past year.

http://www.theage.com.au/business/billabong-may-take-crisis-step-20120216-1tbsf.html

Pacific Brands under attack for job losses

Pacific Brands have been under attack by Unions after making the decision to cut more than 100 jobs from Sydney distribution centre.

Shareholders approve Joyce's decisive moves at Qantas

Shareholders of Qantas have backed moves by Alan Joyce to reduce the number of staff and cut inefficient routes. Amid the concerns surrounding Qantas, share prices have been up boosting shareholder confidence.

http://www.heraldsun.com.au/business/shareholders-approve-joyces-decisive-moves-at-qantas/story-fn7j19iv-1226273210355

More pain to come at Qantas

Qantas looking at no longer flying routes to Auckland-Los Angeles and Singapore-Mumbai, and cutting more than 500 jobs in engineering, cabin crew, catering staff, pilots, and other ground roles.

http://www.theage.com.au/national/more-pain-to-come-at-qantas-20120216-1tbyc.html

Chinese seize iPads over trademark

iPads from stores in China are being seized amid dispute over the ownership of the trademark iPad. Chinese company Shenzhen Proview Technology won a court case saying that they own the name iPad, and are moving to stop the import and export of the Apple iPad, which are made in China.

http://www.news.com.au/breaking-news/chinese-seize-ipads-over-trademark/story-e6frfku0-1226273353366

Pacific Brands first-half losses deepen

Pacific Brands are looking at take over offers after posting a first half loss of $353.865 million to December 2011, after losses of $206.1 million in the corresponding period in 2010.

http://www.heraldsun.com.au/news/breaking-news/pacific-brands-first-half-losses-deepen/story-e6frf7ko-1226273499328

Bonds jobs shift to Melbourne

Pacific Brands are cutting up to 100 jobs in Sydney in their distribution centres, and are looking to move those jobs to Melbourne to streamline their distributions

http://www.theage.com.au/national/bonds-jobs-shift-to-melbourne-20120216-1tbye.html

Victoria bears brunt of job cuts

With the large amount of job loses in Australia, Victoria has felt the pain with the equivalent of one in every 60 jobs gone since April 2011.

http://www.theage.com.au/business/victoria-bears-brunt-of-job-cuts-20120216-1tbyt.html

Thousands stranded overseas as Air Australia placed in administration

Thousands of travellers have been stranded overseas with Air Australia going into voluntary receivership.

http://www.heraldsun.com.au/news/more-news/thousands-stranded-overseas-as-air-australia-placed-in-administration/story-fn7x8me2-1226273368748

Budget airline Air Australia placed in administration

Air Australia has been placed into voluntary receivership, with the cancellation of all flights.

http://www.news.com.au/travel/news/budget-airline-air-australia-placed-in-administration/story-e6frfq80-1226273367460

ANZ posts $1.7 billion first-quarter net profit

After the large reduction in jobs by ANZ, they have posted a $1.7 billion profit for the quarter to December 2011. This is up $1.4 bill from the same quarter 2010.

http://www.news.com.au/business/anz-posts-17-billion-first-quarter-net-profit/story-e6frfm1i-1226273457686

Airline unions to meet after Qantas axes 1000 jobs

Unions in uproar after the cutting of 1000 jobs by Qantas.

http://www.adelaidenow.com.au/travel/news/qantas-to-announce-drastic-changes/story-fn3015fd-1226115794896

Qantas axes flights amid 'tough time'

Qantas reports that they will reducing routes to some international locations as profits fall.

http://www.news.com.au/travel/news/qantas-axes-flights-amid-tough-time/story-e6frfq80-1226272557444

Massive drop: Qantas profit falls 83 per cent

Qantas profits for the last half year of $42 million, a drop of 83% from the previous half. This is amist the ongoing strike action and the grounding of the entire fleet in late 2011.

With the significant drop in profits, confirmation of at least 500 jobs to go, but will not be sent offshore.

Read more: http://www.news.com.au/business/massive-drop-qantas-profit-falls-83pc/story-e6frfm1i-1226272490243#ixzz1mVBlSQUb

BHP Billiton coalminers walk off the job on poor conditions, bumper profits

BHP miners have gone on strike due to poor working conditions while BHP report record profits.

Read more: http://www.news.com.au/business/bhp-billiton-coalminers-walk-off-the-job-on-poor-conditions-bumper-profits/story-e6frfm1i-1226271846233#ixzz1mSJZcfOG

CLIPPED WINGS: Qantas wields axe to keep flying high

Qantas looking to cut a number of maintenance jobs, saying that the new planes need less maintenance, needing less workers. Qantas stated that the jobs would not be sent offshore, after union concerns.

Read more: http://www.news.com.au/travel/news/qantas-wields-the-axe/story-e6frfq80-1226272140917#ixzz1mSIICCN8

Ta Ann blames greens for job losses

Malaysian based wood processing plant in Tasmania is blaming environmentalist attacks on their company for the cutting back of jobs

Strike action possible after ANZ job cuts

Workers in ANZ could walk off the job in protest of the recent job cuts

http://www.news.com.au/business/breaking-news/strike-action-possible-after-anz-job-cuts/story-e6frfkur-1226269836165

No plans to send jobs off-shore, Qantas says

Qantas ensures stakeholders that jobs will not be sent offshore

Read more: http://www.news.com.au/breaking-news/no-plans-to-send-jobs-off-shore-qantas-says/story-e6frfku0-1226269925767#ixzz1mIpiInVd

Fair Labor Association begins inspections at China Apple plant

Inspections occurring at Apple manufacturing plant in China after allegations of unfair treatment of staff.

Read more: http://www.news.com.au/business/breaking-news/fair-labor-association-begins-inspections-at-china-apple-plant/story-e6frfkur-1226270377459#ixzz1mIoExLES

European Union approves Google takeover of Motorola

EU approves take over of Motorola by Google

http://www.news.com.au/business/markets/eu-approves-google-takeover-of-motorola/story-e6frfm30-1226270368553

Mines plan to fly foreign workers direct to bush

To deal with skill shortages, mining companies looking at bringing in foreign workers.

Read more: http://www.news.com.au/business/mines-plan-to-fly-foreign-workers-direct-to-bush/story-e6frfm1i-1226270213627#ixzz1mIcdxHSr

Sleepless night for 450 Sleep City workers

Sleep City put into adminsistration after making significant losses. Likely that 450 jobs will go.

http://www.news.com.au/business/sleepless-night-for-450-sleep-city-workers/story-e6frfm1i-1226270197696?from=igoogle+gadget+compact+news_rss

Grounding 'positive' for Qantas brand: Joyce

Alan Joyce, CEO of Qantas, says that the grounding of the fleet as part of industrial action last year was positive for the brand, as it has ensuring the end of industrial action.

http://www.theage.com.au/travel/travel-news/grounding-positive-for-qantas-brand-joyce-20120213-1t0nz.html

ANZ to cut 1000 jobs

ANZ looking to cut a further 1000 jobs as part of a corporate restructure.

http://www.theage.com.au/business/anz-to-cut-1000-jobs-20120213-1t0uc.html

James Hardie wins $300m tax dispute

James Hardie to receive $300m from the tax office after winning legal battle.

http://www.news.com.au/business/breaking-news/james-hardie-wins-300m-tax-dispute/story-e6frfkur-1226267643626

PepsiCo to cut 8,700 jobs worldwide

The makers of Pepsi and Doritos set to cut 8,700 jobs worldwide due to a corporate restructure.

http://www.news.com.au/business/pepsico-to-cut-8700-jobs-worldwide/story-e6frfm1i-1226267454425

Suncorp urged not to export 2000 Queensland jobs

Queensland Government working with Suncorp to try and save 2000 local jobs from being sent offshore.

Read more: http://www.news.com.au/business/suncorp-urged-to-keep-jobs-here/story-e6frfm1i-1226267383356#ixzz1lvrF0cVz

Victorian Premier Ted Baillieu in crisis talks to rescue 600 Alcoa workers

Ted Baillieu looking at ways to reduce the losses of manufacturing jobs in Victoria after Alcoa announce a reduction of 600 jobs at Geelong plant.

http://www.news.com.au/business/premierted-baillieu-in-crisis-talks-to-rescue-600-alcoa-workers/story-e6frfm1i-1226266318832

US firm pace Systems/Loral wins $620m NBN contract

An American firm has won the contract to install two satellites to help provide the NBN to remote Australia

Read more: http://www.news.com.au/breaking-news/us-firm-wins-620m-nbn-contract/story-e6frfku0-1226265579248#ixzz1lkZaQG90

Ansell increases first-half profit by 1.1 per cent

Maker of gloves and condoms has reported that while revenue has decreased, they have been able to increase profit by 1.1%

Read more: http://www.news.com.au/business/ansell-increases-first-half-profit-by-11-per-cent/story-e6frfm1i-1226265591383#ixzz1lkZ8JVUm

Laura Connors wins sexual harassment case against former boss

15 year old girl wins sexual harassment case against her former boss

http://www.news.com.au/business/worklife/laura-connors-wins-sexual-harassment-case-against-ex-boss/story-e6frfm9r-1226264576753

Cracks put Qantas A380 out of action

Qantas has grounded one of its A380s after finding cracks in its wings during a routine inspection.

http://www.smh.com.au/travel/travel-news/cracks-put-qantas-a380-out-of-action-20120207-1r5bf.html

BHP posts profit of almost $US10b

In the first half of 2011/2012 financial year, BHP post almost $10bn US profit, just falling short of their previous record.

http://www.smh.com.au/business/bhp-posts-profit-of-almost-us10b-20120208-1r9mo.html

Double-shot espresso for coffee shop group

Australia's fastest growing franchise, the Coffee Club Group, continues to aim high with expectations of opening a new store every fortnight for the next 5 years.

http://www.smh.com.au/small-business/franchising/doubleshot-espresso-for-coffee-shop-group-20120206-1r1nx.html

Xstrata, Glencore agree to $US90bn merger

The biggest resource merger in history is about to take place with the merger of Xstrata and Glencore, worth $90bn US.

http://www.news.com.au/business/xstrata-glencore-agree-to-us90bn-merger/story-e6frfm1i-1226265359917

Cricket Australia chiefs draw line on ads

Cricket Australia set to be fined after displaying advertising for cigarettes in Hindi.

http://www.news.com.au/business/cricket-chiefs-draw-line-on-ads/story-e6frfm1i-1226264326880

Senator Nick Xenophon ridicules Qantas over claims of risk

Senator Nick Xenophon states that the payments of overseas workers at domestic rates will cost maintenance jobs in Australia.

Read more: http://www.news.com.au/travel/news/grave-fears-for-future-of-qantas-and-jetstar/story-e6frfq80-1226263538573#ixzz1lbCmahvX

More jobs up for grabs, says ANZ survey

Total jobs advertisements up 6% according to ANZ survey

Read more: http://www.news.com.au/business/more-jobs-up-for-grabs-says-anz-survey/story-e6frfm1i-1226263691164#ixzz1lbCJ5XfV

Big four banks may cut more jobs, says Bank of Queensland chief

CEO of Bank of Queensland suggests that more jobs in the banking sector will go, especially from the Big 4 banks

Read more: http://www.news.com.au/business/big-four-banks-may-cut-more-jobs-says-bank-of-queensland-chief/story-e6frfm1i-1226263408320#ixzz1lbBlMrvg

IKEA has grand designs on Sydney

Too many customers to inner Sydney stores push Ikea to expand operations.

http://www.news.com.au/business/ikea-has-grand-designs-on-sydney/story-e6frfm1i-1226263374669

Supermarket shines but Target lags

While Coles are showing signs of retain growth, Target and Kmart are not showing the same levels of growth.

http://www.news.com.au/business/supermarket-shines-but-target-lags/story-e6frfm1i-1226261461025

Julia Gillard rejects claims her government makes it easier to take sick days

After claims from Toyota Australia Boss, government rejects claims that the ability for Australians to take sickies is costing Australian jobs

Read more: http://www.news.com.au/business/julia-gillard-rejects-claim-her-government-makes-it-easier-to-take-sickies/story-e6frfm1i-1226261005237#ixzz1lGMI4J67

Mortein and Dettol factory shutdown will leave nearly 200 without jobs

Factory shutdown near Sydney to cost 190 manufacturing jobs

Read more: http://www.news.com.au/business/mortein-and-dettol-factory-shutdown-will-leave-nearly-200-without-jobs/story-e6frfm1i-1226259544275#ixzz1lGLoaaF0

Mortein shutdown costs 190 jobs

Due to a restructure of their operations, Reckitt Benckiser, owner of such brands as Mortein and Dettol, and shutting down Australian production losing 190 Australian jobs.

http://www.couriermail.com.au/ipad/mortein-shutdown-costs-190-jobs/story-fn6ck45n-1226260003649

Louie the fly: officially dead

Louie the fly has officially been canned by Mortein

http://www.couriermail.com.au/news/louie-the-fly-officially-dead/story-fn6ck2c6-1226134697055

Coles v Woolies - photo finish in supermarket wars

Price war continues between Coles and Woolworths, with Coles now seen as the cheaper brand

Read more: http://www.news.com.au/money/cost-of-living/coles-vs-woolworths-which-is-cheapest-in-the-latest-supermarket-was/story-fnagkbpv-1226260697204#ixzz1lGJkoQOh

Mortein backlash as angry consumers boycott products by company Reckitt Benckiser

Consumers unhappy with the closure of manufacturing plant in Australia, Mortein cancel "Save Louie" campaign.

Read more: http://www.news.com.au/business/mortein-backlash-as-angry-consumer-boycott-products-by-company-reckitt-benckiser-over-decision-to-close-sydney-plant/story-e6frfm1i-1226261472139#ixzz1lGIawHNA

Qantas and Jetstar lift fares on all flights

Qantas and Jestar set to increase prices due to increasing fuel costs

Read more: http://www.news.com.au/travel/news/qantas-and-jetstar-lift-fares-on-all-flights/story-e6frfq80-1226261081328#ixzz1lDnS5SUB

Westpac workers brace for fresh wave of job cuts

Even after record profits, Westpac set to cut another 500 jobs

Read more: http://www.news.com.au/business/westpac-briefs-staff-on-job-cuts/story-e6frfm1i-1226260852673#ixzz1lDmgKpYM

Qantas ranked world's third-best airline

Qantas was ranked the world's third best airline back in 2008 - a lot has happened since then

http://www.watoday.com.au/business/qantas-ranked-worlds-thirdbest-airline-20080812-3two.html

Qantas lifts prices on all flights

Qantas increasing prices on flights due to increased fuel costs and the economic uncertainity in Europe

http://www.theage.com.au/business/qantas-lifts-prices-on-all-flights-20120202-1qv0y.html

Coles closes gap on Woolies

Coles closing the market share gap with Woolworths

http://www.theage.com.au/business/coles-closes-gap-on-woolies-20120202-1qu2r.html

Westpac to axe hundreds of jobs

Westpac to axe jobs and move offshore as part of an internal restructure.

http://www.theage.com.au/business/westpac-to-axe-hundreds-of-jobs-20120202-1qulx.html