Dec 15, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

Australian shopping empire Wes…

AusBN - Australian shopping mall juggernaut Westfield has been purchased by...

ASX introduces blockchain technology into trade settlement system

ASX introduces blockchain tech…

AusBN - Australian Securities Exchange (ASX) has become the first major glo...

Australia’s annual economic growth rate rises to 2.8%

Australia’s annual economic gr…

AusBN - Australia’s annual economic growth rate has risen to 2.8% aft...

Construction slump could hit 2016 growth

constructionAusBN – Australia’s construction industry contracted in December, despite an increase in housebuilding.

The Australian Industry (Ai) Group’s Performance of Construction Index dropped 3.9 points to 46.8 points, ending a four-month run of expansion.

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Government approves Abbot Point expansion

Abbot PointAusBN – The Australian government has approved an expansion of the Abbot Point Coal Terminal in north Queensland that will make it one of the world’s largest coal ports.

It will involve dredging 1.1 million cubic metres of seabed near the Great Barrier Reef, and so has been given strict environmental conditions.

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