Research from the Reserve Bank of Australia economic panel has found that Australia is the front-runner to reap the benefits from a staggering upswing in demand for coking coal from India. However, Christine Milne, senator and deputy leader for the Australian Greens, noted that India and China were openly talking about moving away from coal as a source of energy. Page B3.
Penny Moss, executive director of Retail Adventures, the operating company for a number of discount retail chains such as Go-Lo and Chickenfeed, yesterday said the company had realised over the last few years that “there’s a lot of work that’s required to unlock” the group’s potential. The company has reduced its network from approximately 400 stores in 2009 to 320 currently. Page B6.