Latest Business News

Rudd pledges $2b to Queensland from mining tax
Prime Minister Kevin Rudd has confirmed he will create a $2 billion regional infrastructure fund for Queensland if his super profits tax on mining is approved by Parliament.

Jobs lost as Townsville store closes doors
The jobs of 21 north Queenslanders will be lost next week as receivers for electrical retailer Clive Peeters closes its Townsville store.

Share market higher on mining gains
The Australian share market is higher after stocks climbed almost 3 per cent on Wall Street overnight.