The Australian Retailers Association is attributing reduced Christmas spending to high interest rates and the absence of government handouts, as shoppers make a late rush around the country.
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The Paperlinx mill at Burnie, in Tasmania’s north-west, will be sold, and workers have walked off the job over concerns their entitlements won't be recognised.
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Perth biotechnology company Phylogica has signed an agreement with giant drug manufacturer Roche for new technology which could revolutionise treatment.
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