Brisbane News
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Australia winger Digby Ioane is in doubt for the series-opening rugby Test against the British and Irish Lions in a month’s time following knee surgery.
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Liquidators acting for Blackwood Corp. applied to freeze the assets of former Australian mining billionaire Nathan Tinkler, including his stake in coal producer Whitehaven Coal Ltd.
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Updated 1 hour, 11 minutes ago
Six Asia-Pacific cities were among the 10 most expensive for warehouse rents, driven by demand from logistics companies and retailers amid limited space availability, according to CBRE Group Inc.
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Nathan Tinkler, the former Australian billionaire who is being sued by creditors over unpaid bills, has put his seven-bedroom Queensland mansion up for sale.
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Wallabies coach Robbie Deans named James O’Connor as his preferred playmaker in a 25-man squad to face the British and Irish Lions, while leaving the selection door open for the omitted Quade Cooper and Kurtley Beale.
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Crown Ltd., the gambling company controlled by billionaire James Packer, won approval from Queensland state to lift its stake in Echo Entertainment Group Ltd., intensifying competition to control Sydney’s only casino.
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Virgin Australia Holdings Ltd., Australia’s second-largest carrier, slumped the most in three years in Sydney trading after forecasting that annual profit would slip for the third time in five years.
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Australia’s government is wooing voters with increased infrastructure, health and education spending while charting a path to a budget surplus as it seeks to restore economic credibility four months before an election.
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Australian Treasurer Wayne Swan will eschew European-style austerity as a stronger currency slows growth, wagering the government can win a Sept. 14 election fought on jobs and absorb the pain of a broken surplus promise.
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PetroChina Co., Asia’s biggest oil and gas producer, dropped a bid to acquire WestSide Corp. as a strong Australian dollar and rising costs discourage resources projects in the country, the Brisbane-based explorer said.
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