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Money

Cost of living hurting needy

Young people (model pictured) are feeling the pressure of increasingly high costs of living in Gladstone.

THE two-speed economy is exacerbating cost-of-living pressures on those most in need, a Salvation Army report reveals.
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Expect modest recovery for pork

The report said the success of the grilling season in the northern hemisphere and prospects for Asian imports would be the key determining market factors moving through 2012.

RABOBANK is forecasting a modest recovery in the pork market in the second half of 2012.
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Rate cut over high bank charges

THE Reserve Bank of Australia has revealed its latest interest rate cut was done partly to compensate for higher lending rates being charged by banks.
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Battle begins over Fair Work

BUSINESS and industry groups have urged Fair Work Australia to show restraint in lifting the minimum wage.
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Aussie dollar drops below parity

THE Australian dollar has dropped below parity with the greenback for the first time in 2012 as investors fret over the outlook for the economy.
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ANZ last to lower rates

ANZ Australia chief executive Philip Chronican said the RBA's decision had impacted domestic funding sources, giving the bank scope to reduce its rates.

ALL of the four big banks now have cut interest rates, with ANZ the final bank to join the party, lowering its rate by 37 basis points on Friday.
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Relief for Bundy cancer patients

Coronary Care Unit registered nurse Lynn Leisk and Dr Geeth Weerasooriya are pleased with the announced Federal Government funding to upgrade cardiac services.

BUNDABERG cancer and cardiac patients will no longer have to travel to Brisbane following the Federal Government's funding announcement.
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Bundy businesses 'forgotten'

Bundy Homes' Michael Randall is disappointed with the Federal Budget.

BUNDABERG small business owners say they have been forgotten in this week's Federal Budget, which has left them no better off.
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Budget funds hospital expansions

BRUCE Hwy upgrades and cancer care will be funded in Bundaberg's Federal Budget package.
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Regional Budget Wrap

Regional Australia Minister Simon Crean pointed to the benefits of broader projects, many of which were leaked before budget day.

CONTINUED funding for health services and infrastructure in regional Australia were the feature of a business-as-usual budget.
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