Last updated: February 01, 2011

Weather: Brisbane 23°C - 31°C . A shower or two

Coles discounts trump Woolies

Coles

COMEBACK kid Coles has again trumped grocery giant Woolworths by outpacing its arch rival in quarterly growth.

Sky's the limit for chopper flood relief

Becker Helicopters

A QUEENSLAND helicopter company has had an adrenaline-packed start to the year as a vital part of the state's floods relief effort.

Price war threatens bakers

bread and butter

INDEPENDENT bakers loom as potential victims of an ongoing price war that has seen major supermarkets slash the cost of bread and milk in recent weeks.

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Shares end lower on offshore jitters

pnimagethumbasx

THE Australian share market fell today with political violence in the Middle East and flat US GDP figures spooking investors.

Markets rattled by Egypt crisis

ASX

AUSTRALIA'S shares will take a hit after unrest in Egypt triggered slides on global markets, sending investors scurrying to safe havens.

High-flyer's company collapses

David Millhouse

THE company of a high-profile business leader and Queensland Art Gallery board member has been referred to corporate investigators after it collapsed owing millions.

Oaks hit by CEO's company woes

Brett Pointon

BRISBANE'S Oaks Hotel & Resort Group tumbled nearly a quarter in market value after receivers were appointed to a private company owned by its CEO.

RBA board member queries levy

Wayne Swan

THE Gillard Government and some of the country's leading economists remain at odds over the controversial plan to slug taxpayers with a $1.8 billion flood levy.

Business Owner

Social sites can boost bottom line

Alex Ponting

YOUNG entrepreneurs are taking the small business world to new levels with social media, blogs and online marketing.

Working capital key in bad times

business

AUSTRALIANS are becoming increasingly wary of entering the realm of the business world as the number of failed business ventures swells to record levels.

Floods to push many retailers 'over the edge'

Shopping

RETAILERS still reeling from a depressed Christmas period predict Queensland floods will carve 5 per cent off revenues.

Bakers burnt in battle for buyers' dough

bread and butter

INDEPENDENT bakers loom as potential victims of an ongoing price war between supermarket giants.

Market Data

Financials

Oil hits two-year record on supply fear

NYMEX crude oil futures hit a two-year high today and Brent broke past $US100 on fears that Egyptian turmoil may yet disrupt global supply.

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