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Termites might be small, but they are a big problem internationally, causing billions of dollars worth of damage each year. Australian company BioProspect is well on the way to developing a natural solution.
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Ten companies are currently due to list on the Australian Securities Exchange in July, with junior resource companies making up the bulk of new entrants to the market.
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Experts claim that the world has just over 40 years of oil reserves left – a frightening assertion in an increasingly fuel-driven society. Fiona Collins reports one solution may be growing on waste land nearby.
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In a small corner of the Queensland University of Technology campus, a group of scientists is working on a bio-ethanol fuel project of such significance that it could have a profound effect on the world’s sugarcane industry.
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Amid growing concerns over the effects of synthetically derived chemicals in animal production and domestic pest control, Australian biotechnology company BioProspect is working to develop natural, non-toxic products with low environmental impact.
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Microalgae have the potential to become a major source for biofuel, and an international group of experts have formed the Solar Bio-Fuel Consortium in order to drive forward research in the highly competitive area. Fiona Collins reports.
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The Australian dollar is on an inexorable climb on the back of a weaker greenback. It's a long term trend, ABN Amro Morgan's chief economist Michael Knox explains.
 
 
An apparently successful HIV drug trial and tests of a treatment for diabetes-induced macular degeneration are the highlights of biotechnology developments this week. Lauren Groves reports.
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Breaking business news
Wednesday, 8 October 2008 7:40 AM
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Wednesday, 8 October 2008 7:25 AM
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Wednesday, 8 October 2008 6:36 AM
  • Wall St falls to five-year low
  • Britain prepares a bank rescue package
  • European ministers boost bank guarantees
..Read More
Tuesday, 7 October 2008 7:26 AM
BANK of America, in an early release of its financial results, said it earned a profit of $US1.18 billion ($1.6 billion) in the past quarter despite fresh writedowns, and said it was raising $US10 billion in capital...Read More
Tuesday, 7 October 2008 7:10 AM
ANZ has emerged as the early front-runner in the race to win control of Queensland financial services group, Suncorp-Metway...Read More
Monday, 6 October 2008 10:00 AM
SANTOS, Australia's third biggest oil and gas producer, has completed a $300 million buyback of its shares...Read More
Monday, 6 October 2008 6:38 AM
GROWTH in job advertisements has dropped to a five-year low after a fourth consecutive monthly fall...Read More
Monday, 6 October 2008 6:35 AM
GLOBAL financial markets remain fearful that the approved Washington bailout package will prove a failure, as the risk of a US-originated worldwide recession increases...Read More
Monday, 6 October 2008 6:30 AM
AUSTRALIAN subsidiaries of embattled US insurance giant American International Group are not likely to be sold under a restructure of the company's global operations...Read More
Saturday, 4 October 2008 4:45 PM
AUSTRALIA'S largest housing developer, has cut the earnings forecast for its UK division on concerns the country is heading into a recession...Read More
 
 
Australia’s shift towards ethical investing is characterised by a growing number of companies supporting a range of ethical, social and environmental initiatives.
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