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Qantas Chief Executive Officer, Alan Joyce, has been grilled at a Senate inquiry in Sydney over the grounding of the entire Qantas fleet last Saturday. And in further bad news for the airline engine trouble has forced a Qantas A380 flight from Singapore to London to land in Dubai. Jessica Sier reports. Recent record profits by Australian banks have triggered another wave of consumer anger. But a leading financial analyst from QUT says healthy bank results are proof our economy’s in great shape. Michele Harris reports. Read on » Big four banks keeping Australia’s economy strong. The Queensland Premier Anna Bligh says the Occupy Brisbane protesters are no longer welcome in the Central Business District and should move on. This morning Police forcibly removed the protesters from Queen’s Park but the group has now moved to another inner city location. Jess Sier reports. Design engineers at Holden have voiced concerns for Australian jobs amid rumours that the signature Commodore series will soon be designed overseas. The engineers’ union says job cuts could begin in the next two months, if the company goes ahead with the move. Rebekah Fay reports. Australian travellers will soon have the choice of another budget airline as Air Australia prepares to launch its new service. The launch coincides with the start of an airline price war as Virgin Australia moves to take advantage of the recent turmoil in Qantas. Erin Smith reports. Suncorp Insurance has released a report identifying the top 10 Brisbane suburbs worst affected by the January floods. While the report reveals the average cost per suburb of personal insurance claims, many homes across Brisbane are still a long way from removing the scars left by the raging Brisbane river. Matt Warren reports. Safety audits are being conducted on worksites around Queensland in response to the death of a worker at a construction site in Brisbane on Monday. The 65-year-old died when building materials fell from a crane and crushed him on a building site at the University of Queensland campus at St Lucia. Michele Harris reports. Occupy Brisbane protestors have been moved on from Post Office Square in Brisbane today. Police arrived in the Square at 4.30am this morning to begin negotiations with the group. Kayla Millhouse reports. The Federal Government has introduced its controversial mining tax bills to parliament. However, Independent Tony windsor has raised a political obstacle to the proposed laws, by demanding more research into the coal seam gas industry, before he will support the legislation. Amy Kelly reports. The Reserve Bank has cut the cash interest rate by 25 basis points and the major banks are moving to lower their mortgage rates in response. Westpac and the Commonwealth Bank were the first of the majors to announce cuts, while ANZ and the NAB say they have their rates under review. Sonya Harris reports. |
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