Last Top Stories: Wollongong banker sacked over work fling

Wollongong banker sacked over work fling

The workplace tribunal has backed Westpac's decision to sack a married banker who lied about having a six-month affair with a female subordinate. Westpac's Wollongong bank manager George Mihalopoulos was fired with four weeks' pay after advocating ... >> view original

SA calls for more road funding

THE South Australian government has released a 10-year plan to develop Adelaide's north-south road corridor and has called on the federal government to provide more funding. TREASURER Tom Koutsantonis says the federal government received the plan ... >> view original

Bega Cheese cuts profit forecast

Bega Cheese has cut its profit forecast as world dairy prices fail to recover as expected. The company expects to achieve normalised earnings in the range of $21 million and $24 million in the year to June, down from its previous forecast range of $25 million ... >> view original

Are BHP and Rio Tinto doing something wrong?

THE huge iron ore industry in Australia faces the threat of a parliamentary inquiry amid claims the world's biggest miners, including BHP Billiton and Rio Tinto, are flooding the market to wipe out smaller competitors. The steelmaking commodity is the nation's ... >> view original

Orica appoints interim CEO to role permanently

Mining explosives firm Orica has ended its two-month search for a new chief executive by appointing its interim CEO to the role permanently. Alberto Calderon has been acting in the role since late March, when combative former chief Ian Smith left the ... >> view original

Abbott surfs wave of budget support

TONY Abbott's government is riding the crest of a positive wave a week after its second budget. LIKE opinion polls, there's been a bounce in consumer confidence while small business owners literally are fawning over the prime minister as he travels the ... >> view original

Westpac signs 12-year lease at its Kent Street headquarters

Westpac has cemented its place in Sydney by renewing its lease at its bespoke headquarters at 275 Kent Street for another 12 years. The deal, termed an "exclusive dealing period", with the landlords Mirvac and Blackstone Real Estate Asia, was inked amid ... >> view original

Coal seam gas: AGL cleared of adverse findings to resume operations in ...

The Baird government has cleared AGL of any "adverse findings" after a probe into the discovery of banned chemicals at the energy giant's coal seam gas operations in northern NSW. The Division of Resources and Energy said on Tuesday that AGL is ... >> view original

Fuel surcharges still high for Qantas, Emirates and Singapore Airlines

Qantas Airways, Emirates and Singapore Airlines face renewed calls to lower their much-maligned fuel surcharges on international flights following a sustained drop in oil prices over the past year. Four months after vowing to "gradually restructure" its tariffs, ... >> view original

Stressed white-collar workers contribute to insurer TAL's $1 billion in claims

A rising army of stressed and sick white-collar workers is hurting Australian insurers. The nation's biggest life insurer, TAL, provided the latest evidence of the trend on Tuesday, announcing its claims had cracked $1 billion for the year to the end of March. >> view original