28/04/2008 - 06:28

Today's business headlines

28/04/2008 - 06:28

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Cape's $400m China deal on track: chief; WA minister at ease over Burke links; There are lessons to be learnt from ABC's near death, says new boss; China gives ground on iron price; Rudd to rein in business bullies

Today's business headlines

Cape's $400m China deal on track: chief
WA mining hopeful Cape Lambert Iron Ore has rejected claims its $400 million deal with Government-controlled China Metallurgical Group Corporation (MCC) has been stalled by Australia's Foreign Investment Review Board. The West

WA minister at ease over Burke links
West Australian Education Minister Mark McGowan has denied having improper links to disgraced former premier Brian Burke during the 2005 state election. The Fin Review

There are lessons to be learnt from ABC's near death, says new boss
A breakdown of management accountability, poor disclosure and a failure of process were responsible for ABC Learning's near collapse, its chairman-elect says.The Australian

China gives ground on iron price
China has given its first clear indication that it will agree to pay a freight differential to iron ore majors BHP Billiton and Rio Tinto as the cat-and-mouse game over the 2008 contract price continues. The Australian

Rudd to rein in business bullies
Big businesses that engage in predatory pricing to bankrupt smaller rivals will be targeted under new laws to be introduced by the Rudd government.The Australian

 

THE WEST AUSTRALIAN

Page 4: Brian Burke organised campaign funds and advertising for Education Minister Mark McGowan before the 2005 State election despite the Rockingham MP claiming in State Parliament that the lobbyist had worked against him in the seat in the lead-up to the election.

WA mining hopeful Cape Lambert Iron Ore has rejected claims its $400 million deal with Government-controlled China Metallurgical Group Corporation (MCC) has been stalled by Australia's Foreign Investment Review Board.

West Perth-based explorer APAC Coal is looking to raise $15 million through an initial public offer to fund the development of a thermal coal mine in Indonesia amid rising prices for the fuel.


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