Last updated: February 01, 2011

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Latest stories

Floods to push many retailers 'over the edge'

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

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House prices higher, but only just

AUSTRALIAN home prices increased in the final three months of 2010 but remain below their peak levels, a survey shows.

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Rates aren't going anywhere - experts

RELAX. The Reserve Bank board is highly unlikely to shift interest rates higher when they meet today for the first time this year.

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Top Stories

Bakers burnt in battle for buyers' dough

bread and butter

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

More pain as fuel to hit $1.50

Petrol

PETROL pump prices are set to soar to $1.50 a litre within weeks thanks to a triple whammy hit from political unrest in Egypt, rising international oil prices and the stronger US economy.

Petrol prices uncertain on Egypt unrest

Oil pump

THE RBA board faces a new issue of how a hike at the bowser will affect households budgets should the Egypt turmoil boost oil prices.

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Business News

Sky's the limit for chopper flood relief

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