ABC Business & Finance News

  • South Australia will press ahead with its own Renewable Energy Target (RET) regardless of any Federal Government decision about the nation's target, the state's Environment Minister says.

  • The Tasmanian Premier and Treasurer have fielded questions from Hobart's business community and defended budget cuts some have described as timid.Will Hodgman and Peter Gutwein will head to Launceston for lunch and Devonport for dinner after spending the traditional budget breakfast this morning trying to convince the Hobart business community of the merits of their $5.3 billion budget. The plan to cut 700 public service jobs was well received by industry, but some business leaders wanted deeper cuts.However, the job cuts contained in the budget have raised unionists' hackles.

  • The chief economist with the Australian Chamber of Commerce and Industry (ACCI), Burchell Wilson, has until next week to say why he should not be sacked for Facebook posts described as unacceptable.

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