Australia Business News









Huge cargo ship launched in Tasmania, but exporters warn it won't be enough

The 210-metre, $172 million Tasmania Achiever 2 is capable of carrying 40 per cent more freight than any other ship across Bass Strait, but primary producers urge the State Government not to be complacent as demand for exports grow in the future.

Source: Business | 18 Feb 2019 | 9:00 am(NZT)

Australia's biggest companies ignore climate change risk: report

Australia's biggest companies are ignoring calls from regulators and investors to do more to mitigate the risks of climate change, with a new study finding that many of the nation's top 100 companies still do not identify climate change as a material business risk.

Source: Business | 18 Feb 2019 | 8:22 am(NZT)

Hundreds stranded as British airline Flybmi collapses

Hundreds of passengers throughout Europe are stranded by the abrupt collapse of the British regional airline Flybmi, which cited higher fuel costs and Brexit uncertainty for the closure.

Source: Business | 18 Feb 2019 | 2:53 am(NZT)

Nickel boom breathes new life into mothballed Kimberley mine

The expected demand for electric vehicles is driving optimism in the global nickel industry and breathing new life into a mothballed mine in the remote East Kimberley after a three-year hiatus.

Source: Business | 17 Feb 2019 | 12:42 pm(NZT)

India's fastest train falters on its first trip

India's first locally built high speed train breaks down on its first trip, a day after its inauguration by Prime Minister Narendra Modi.

Source: Business | 17 Feb 2019 | 12:31 pm(NZT)



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