Last Top Stories: Collins Foods to close some Sizzler restaurants after posting loss

Collins Foods to close some Sizzler restaurants after posting loss

Collins Foods will shut some of its Sizzler restaurants after the struggling brand led to a multi-million dollar writedown. Collins Foods will shut some of its Sizzler restaurants after the struggling brand led to a multi-million dollar writedown. The company, which ... >> view original

Mobile reception in the outback gets a boost

Mobile phone reception and coverage in outback areas will receive a boost after federal and state governments teamed up with Telstra and Vodafone in a $385 million program to fill in black spots. The long-awaited award of the mobile black spots program ... >> view original

More strikes planned for Melb airport

A strike by customs officials has caused "bedlam" for international arrivals at Melbourne airport and the union warns it may happen again next week. Commonwealth workers also downed tools at Medicare and Centrelink offices causing a half-day disruption ... >> view original

Gina Rinehart's Roy Hill moves to slash employee pay packets

Australia's richest person, Gina Rinehart, wants workers at her $10 billion Roy Hill mine to take pay cuts to preserve jobs and "family friendly" rosters for operation staff. In an emailed media statement, Roy Hill said it had responded to employee feedback to ... >> view original

Anxiety rises despite friendly budget

The Abbott Government's attempt at a friendlier budget appears to be easing consumer anxiety around government policy, but has failed to offset growing fears about job security, according to a fresh data from National Australia Bank. Consumer anxiety rose ... >> view original

CHAMP teams with Sigdo Koppers in Bradken recap proposal

Embattled mining services group Bradken has had its shares placed in a trading halt after confirming it received a recapitalisation proposal from CHAMP Private Equity, as revealed by The Australian Financial Review's Street Talk column on Thursday. It's also ... >> view original

Legacy Way builders charged $2.05 million for late delivery

The race to be "first one through" Legacy Way tunnel at 9pm Thursday night could come down to a matter of luck and timing. PT2M9S 620 349. Autoplay OnOff; Video feedback; Video settings. Video will begin in 5 seconds. Don't play; Play now. The builders ... >> view original

Markets Live: Investors stay cautious

9:56am: Financial services firm IOOF has hired accounting giant PwC to carry out an independent review of its operations amid claims of misconduct by some of its staff. IOOF says PwC will review the group's regulatory breach reporting policy and procedures ... >> view original

BHP Billiton axes 140 jobs in Adelaide office, flags more Olympic Dam cuts

Mining giant BHP Billiton will axe up to 140 jobs from its Adelaide offices and has foreshadowed more cuts from its Olympic Dam copper and uranium operations in the north of the State. The cuts come as chief executive Andrew Mackenzie continues to prune ... >> view original

Caltex to cover all costs over dodgy fuel

Caltex will leave 'no stone unturned' to reimburse up to 30 motorists left stranded on a motorway after they had water-spoilt fuel pumped into their cars at one of Sydney's busiest service stations. Around two dozen cars broke down on the M4 highway at ... >> view original