Source: Hunter Business Chamber

The high level of recent investment in the Newcastle Business District belied suggestions that late night trading hours and anti social behaviour were key influences, the CEO of Hunter Business Chamber, Peter Shinnick, said today.

“What anti-social behaviour has done is to cause problems for users of the city and for businesses and residents that suffer inconvenience and damage but it does not figure in assessment of investment.”

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Posted by on March 25th, 2008
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Source: Newcastle Permanent Building Society

Newcastle Permanent Building Society announced today that it would be increasing its variable mortgage rate by 0.35% following the Reserve Bank’s latest increase in official interest rates.

The increase would be effective on Tuesday, 18 March, with increased repayments for existing borrowers to apply from 1 May 2008.

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Posted by on March 19th, 2008
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Posted under: Business

Source: Hunter Business Chamber

The high level of recent investment in the Newcastle Business District belied suggestions that late night trading hours and anti social behaviour were key influences, the CEO of Hunter Business Chamber, Peter Shinnick, said today.

“What anti-social behaviour has done is to cause problems for users of the city and for businesses and residents that suffer inconvenience and damage but it does not figure in assessment of investment.”

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Posted by on March 19th, 2008
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Posted under: Business

Source: Greater Building Society

The Greater Building Society has followed other major Australian lenders in increasing its home loan interest rates following last week’s increase in the cash rate by the Reserve Bank of Australia.

Chief executive John Arnold said that the Greater’s standard variable home loan interest rate would rise 0.35 percent to 8.95 percent.

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Posted by on March 13th, 2008
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Posted under: Business

Source: Newcastle Airport

Civil operations from Newcastle Airport are expected to be interrupted on Monday 10 and Tuesday 11 from 0800 to 1230 and 1545 to 1800 due to scheduled military exercises. 

Friday 14 March from 0800 to 1500 has been set aside as a reserve day in the event that it is required.

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Posted by on March 10th, 2008
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Posted under: Business

Source: Hunter Business Chamber

This letter is for those tens of thousands of Sydneysiders who are considering moving to another city (The Great Sydney Exodus, SMH 3 March); Make the decision and move to the Hunter.

You will be most welcome in a region where the cost of living is sufficiently lower to allow you to enjoy a lifestyle surrounded by some of the best beaches on the coastline, lakes and other waterways that have plenty of room for your leisure and rural retreats that are minutes from the famous Hunter vineyards.

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Posted by on March 10th, 2008
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Posted under: Business

Source: ACCC

The Australian Competition and Consumer Commission has issued a draft determination, proposing to grant authorisation* to applications from Newcastle Port Corporation and Donaldson Coal Pty Limited for a capacity balancing system at the Port of Newcastle.

NPC and Donaldson lodged separate applications for authorisation in early December 2007 for a system designed to address the imbalance between the demand for coal loading services at the Port of Newcastle and the capacity of the Hunter Valley coal chain in 2008. The industry is concerned that without a system for the allocation of capacity, the queue of ships waiting to be loaded will increase giving rise to significant costs.

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Posted by on March 7th, 2008
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Posted under: Business

Source: nib

nib health funds limited (nib) today announced changes to its premiums and health cover products.

nib’s average premium change across all products is 4.99%. The changes will be effective from 1 April 2008. nib Chief Executive Officer, Mr Mark Fitzgibbon said nib is increasing its premiums in response to the increasing cost of claims expenses.

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Posted by on March 7th, 2008
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Posted under: Business

Source: Newcastle Airport

QantasLink has confirmed that it will suspend all its Newcastle-Sydney, Newcastle-Melbourne and Newcastle-Brisbane services from Newcastle Airport effective 10 March 2008.  The suspension is expected to remain until at least July 2008.

The suspension is due to a higher than normal pilot attrition rate and the training of pilots on the new Dash 8 Q400 aircraft.

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Posted by on March 3rd, 2008
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Posted under: Business

Source: Newcastle Airport

QantasLink has confirmed that it will suspend all its Newcastle-Sydney, Newcastle-Melbourne and Newcastle-Brisbane services from Newcastle Airport effective 10 March 2008.  The suspension is expected to remain until at least July 2008.

The suspension is due to a higher than normal pilot attrition rate and the training of pilots on the new Dash 8 Q400 aircraft.

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Posted by on February 28th, 2008
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Posted under: Business
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