Business

Pakistan now a safe haven for investment: Ahsan Iqbal

Pakistan has rapidly emerged as one of the top five emerging economies in the world in recent years and the world is admitting it, declared Federal Minister for Interior Dr Ahsan Iqbal. “In the eyes of world media, Pakistan is no longer a place of danger. The same media which declared Pakistan as a safe haven for terrorism is now ...

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Why a gold miner gave a $200k thief the chance to say sorry

Updated February 18, 2018 15:52:16 Photo: With gold sitting at AUD $1,702 an ounce, theft remains a persistent problem for mining companies. (ABC Goldfields-Esperance: Jarrod Lucas) When Joseph Cresp confessed to walking out of the Sunrise Dam gold mine with more than $200,000 worth of gold in his pocket, mine owner AngloGold Ashanti faced an interesting choice. Photo: Four kilograms ...

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Helping renters get solar panels on their roof

Sunny Australia sure is the lucky country for many of us cashing in on the financial benefits of putting solar panels on their roof — but what can renters do if they want to save money and reduce their greenhouse emissions? Skyrocketing grid electricity prices and the falling cost of solar technology saw a record number of Australian dwellings put ...

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No relief for workers as new enterprise agreements drive wages down

Updated February 18, 2018 14:03:54 Photo: Wallets are unlikely to have become any fatter in the last quarter as wage growth grinds along near historic lows. (ABC News: Giulio Saggin) Related Story: Low wages, high debts and housing bubble threaten the Australian economy in 2018 Related Story: Workers can’t bargain on a good pay rise Has Australia’s great wage slump ...

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Tropfest 2018 winner inspired by 'traumatic' shopping trips

Updated February 18, 2018 13:39:55 Photo: Tropfest finalists gathered with Hollywood stars on the black carpet in Parramatta. (ABC News: Brooke Wylie) Greta Nash has won the top honour at this years Tropfest short film festival in Parramatta, with a film based on “traumatic” shopping experiences with her mother. Homegrown and international stars turned out for the event including Rachel ...

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Pakistan borrows another $500m from Chinese bank

Pakistan has contracted another foreign commercial loan of $500 million from the Industrial and Commercial Bank of China (ICBC), taking the Chinese financial institution’s contribution to supporting a strong rupee against the US dollar to $1 billion in just three months. The government contracted the loan on January 15 at a rate in the range of 4.5%, said sources in ...

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'Shame, Gladys, shame': Protesters march in Sydney over transport plans

Posted February 17, 2018 17:20:17 Photo: Protesters fill Martin Place fighting for “trains not tolls”. (ABC News: Emily Laurence) About 1,000 people from 30 action groups have joined forces and protested through Sydney CBD calling for the Government to fix NSW roads and transport. United in their anger, unions and local community groups mobilised to protest against ongoing problems with ...

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Miners are using cow poo to power a dairy farm

Updated February 17, 2018 10:48:50 Photo: Farmer Mark Twigg sprays out liquid manure onto his pasture (ABC Landline: Tim Lee) A western Victorian mining company is turning poo into gold by converting the smelly waste into a valuable asset — energy. Gekko Systems has designed and built a bio digester on a dairy farm at Bungaree, outside Ballarat, and is ...

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Meet the landlord keeping rent low to help struggling tenants

Updated February 17, 2018 11:36:46 Photo: Sub-market rental housing makes up only a small part of Australia’s affordable and social housing. (AAP: Mick Tsikas) Related Story: For renters, making housing more affordable is just the start At the age of 30, the successful life Peter Watson had built crumbled. Key points: An emerging class of landlords are offering their properties ...

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How country pubs are striving to adapt to our changing drinking culture

Posted February 17, 2018 07:10:13 Photo: Sally Gebert made food a priority since taking over a pub in the Victorian town of Warracknabeal. (Supplied: Creekside Hotel) Country pubs have long held a special place in the heart of rural communities, but for publicans operating in smaller towns to make a living off alcohol alone is becoming a tough sell. Long-time ...

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