Bob Jane says son reunion not on

Tyre king Bob Jane says he won't reconcile with his son after a bitter legal fight over his fortune. Source: AAP TYRE tycoon Bob Jane says there is no chance of reconciling with his son Rodney following a bitter legal battle over his empire....

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Tourists, residents flee huge US wildfire

A out-of-control wildfire forced the evacuation of hundreds of homes inside Yosemite National Park. Source: AAP A WILDFIRE in northern California has grown to more than three times the size of San Francisco as it spreads inside the border...

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Mirvac eyes residential property recovery

Property group Mirvac has seen its profit fall 66 per cent following asset writedowns. Source: AAP PROPERTY developer Mirvac's residential portfolio is showing signs of recovery after a writedown on the value of some projects caused a 66 per...

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Crown looks forward to Macau growth

CASINOS operator Crown expects its interests in the Asian gambling hub of Macau to grow into a major contributor to profit alongside its Australian venues. Crown chief executive Rowen Craigie says the Macau gaming market is geared to the Chinese...

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Fortescue to start paying back debt

FORTESCUE Metals Group has turned the corner, notching up a 12 per cent increase in annual profit as it prepares to make its first major debt repayment. The heavily indebted iron ore miner has grown annual profit by $1.75 billion on the back of...

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Origin says discounts on energy set to end

Origin Energy's net profit fell 61% to $378 million for the year to June 30, from $980 million. Source: AAP ENERGY bills are set to continue to rise as the nation's largest electricity retailer's boss says the industry can no longer afford...

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ACCI tells Rudd, Abbott to lift their game

AS the election campaign passes the halfway mark, a leading business group has told both major political leaders to lift their game on the economy. The Australian Chamber of Commerce and Industry (ACCI) says both Prime Minister Kevin Rudd and...

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NSW MPs block govt super regulation

CROSSBENCH MPs in the NSW upper house have sided with Labor to pass a motion aimed at putting more money in public sector workers' pockets. The opposition's disallowance motion blocks a June regulation that allowed the government to count superannuation...

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Milne labels parental scheme too generous

GREENS leader Christine Milne has joined the growing chorus of people labelling the coalition's "fully costed" paid parental leave scheme too generous. Ms Milne made the comment at her party's WA campaign launch in Perth on Tuesday, calling...

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Bolivian may be world's oldest person

COULD this be the world's oldest person? Carmelo Flores Laura lives high in the Bolivian mountains, chews coca leaves, cooks on open fires and says he's 123 years old. He was born on July 16, 1890, according to his government identification card....

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NSW cyclist dies after being hit by truck

A CYCLIST has died after he was hit by a truck and became trapped underneath it in Newcastle. The truck collided with the 36-year-old man on Minmi Road at Wallsend just after 8am (AEST) on Sunday morning. Emergency services were called but...

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Hunt for parents of NSW 3yo girl

POLICE are searching for the parents of a three-year-old child found wandering along a street on the NSW Central Coast. The little girl was discovered alone on a road at Springfield about 10am (AEST) on Sunday. No one has reported a missing...

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