Business
Wesfarmers confirms Coles bid
0pointsWesfarmers Ltd, the frontrunner to take over Coles Group Ltd, on Friday confirmed it had lodged a bid for the retailer. "I can confirm we've lodged an all-of-company proposal," a Wesfarmers spokesman in Perth said.
Dollar closes at 18-year high
0pointsTHE dollar closed at its highest level in 18 years today, putting on more than half a cent after the US central bank adopted a less hawkish stance than expected on interest rates. It's the first time the unit has ended local trading above $US0.8500,…
Saviile Group opens apartment complex in Geraldton
0pointsStella Hospitality Group's hotel company, the Saville Hotel Group, has opened a 24-apartment complex in Geraldton, Western Australia. The waterfront development, 420km north of Perth, will have extra apartments added later this year.
Engin puts Seven in pay-TV race
0pointshttp://australianit.news.com.au/story/0,24897,21902030-5013046,00.html
Small businesses 'owe Australia $6.5b'
0pointsThe national auditor has reportedly said more than 600,000 small businesses owe the Australian Tax Office (ATO) almost $6.5 billion in unpaid taxes.
PowerPoint presentations a 'disaster'
0pointsResearch shows the human brain processes and retains more information if it is digested in either its verbal or written form, but not both at the same time. I always suspected this, but disappointed the news comes a day after my first power point.
Sunraysia TV adjourns Ch 9 Perth meeting
0pointsSunraysia Television Ltd adjourned a meeting of shareholders called to approved its sale of Channel Nine Perth to Publishing and Broadcasting Ltd (PBL).
PM rules out sacking Santoro over biotech shares
0pointsPrime Minister John Howard says his Minister for Ageing did the right thing by donating the profit he made from selling shares he had failed to declare.
New off-market trading service named AXE
0pointsAustralia's first off-market trading service, which will compete with Australian Stock Exchange, has been given the name AXE ECN Ltd.
Govt imposes conditions on Qantas sale
0pointsThe government has imposed conditions on the sale of Qantas to prevent the Macquarie Bank-led bid facing a conflict of interest over its ownership of Sydney airport, Treasurer Peter Costello says.
Converstaional Capital
0pointsForrester Research reports, over 79% of Americans get annoyed merely at the thought of ads on mobile phones.*
Watchdog sinks teeth into Perth financier
0pointsASIC has commenced legal proceedings against a now defunct Perth-based company that channelled clients' money into Westpoint mezzanine investment products.
Apple To Big Music: Set It Free
0pointsIn a statement that could have big implications for the music business, Apple Chief Executive Steve Jobs urged major record companies Tuesday to drop the anti-piracy usage restrictions they attach to music sold over the Web.
Jitters kick in before Qantas flight
0pointsTHE Qantas takeover is a deal most Australians probably feel would be best not done.
Levi’s Turns to Suing Its Rivals
0pointsThe design for a Levi’s pocket, first used 133 years ago, has become the biggest legal battleground in American fashion.

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