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Coca-Cola to invest $US500m in Indonesia

    Coca-Cola Amatil has sacrificed economic control of its Indonesian bottling business in return for a $570 million cash injection from major shareholder The Coca-Cola Co as part of a five-year plan aimed at restoring profit growth across the group as early as 2015. Shares in Coca-Cola Amatil posted their biggest ...

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VACC appalled by potential fuel price politics windfall, says Exec. Director

VACC is appalled by the Federal Government’s threat to reimburse not motorists, but fuel companies if the Senate does not approve the fuel excise increase, industry website Autonews reports today. ?Labor, the Greens, the Palmer United Party and other Senators have been told by the Federal Government that fuel companies would have a ...

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Carbon tax replacement: direct action expected to pass

    The Abbott government was preparing to ram its direct action legislation through the Senate and hoping to pass the laws to set up a $2.55 billion scheme late on Thursday night. With the support of cross bench senators, the government passed a motion forcing the Senate to continue sitting until there was a vote t...

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ACCC bemoans funding levels

    ??Australia's consumer watchdog has joined other regulators in broadcasting its concerns about resources to the Abbott government. The Australian Competition and Consumer Commission, which is taking supermarket giant Coles to court over allegedly exploiting its small suppliers, said it had encountered a rang...

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Fuel tax credits to shield trucking from excise increase

The Federal Government’s plan to increase the fuel excise next month will not affect the trucking industry.     Finance minister Mathias Cormann announced this week the excise would rise from 38.1 cents per litre to 38.6 cents per litre on November 10. Trucking will, however, be shielded from the increase ...

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Thank you for the great job and excellent conference. It was great catching up with everyone. I look forward to next year.

Kurt Wessel
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