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BUSINESS NEWS

Ansell profit rises, fixing IT problems
Ansell to stick by its full year profit guidance after first half earnings hit $65m on sales of almost $600m

Geelong faces devastation if Alcoa goes
Alcoa launches a review of its aluminium smelter in Geelong, sparking fears that 600 jobs could be axed.

Suncorp to send 65 more jobs offshore
Suncorp Group has announced redundancies and will send 65 accounting positions to India.

CBA on notice after Qld govt pay glitch
The CBA's payroll contract with the Qld government will be reviewed if there's another system glitch.

Thiess wins $325m coal seam gas contract
Leighton Holdings subsidiary Thiess has won a $325 million contract to build a CSG processing plant in Qld.

US firm wins NBN satellite contract
US firm Space Systems/Loral has won the $620m contract to provide broadband to areas in remote Australia.

We don't regulate rates, says Swan
Treasurer Wayne Swan has brushed off concerns borrowers could be hit with higher bank interest rates.

BHP first half profit falls to $9.3b
BHP Billiton's first-half profit has fallen by 5.5 % to $9.3bn due to lower commodity prices.