APN News and Media - who owns this website - has revealed it posted a net profit after tax of $54 million in 2012, down 30% on the previous year.
The result included a $151 million writedown on the company's publishing assets in Australia and New Zealand, which was in addition to a $485 million impairment announced in August.
The market reacted with skepticism when they realised that a media company had actually posted a profit.
MORE than a quarter of all young workers want extra hours, new figures from the Australian Bureau of Statistics revealed on Thursday.
The latest labour force data showed 27% of workers aged 15 to 24 years would rather work full-time than their current part-time shifts.
Career experts are advising students to move to the Phillipines if they want a full-time job in Australia.
CONCERN over sudden changes to rules governing visas for skilled workers appears to be divided along town and country lines.
The alterations to the 457 visas - announced by Immigration Minister Brendan O'Connor on Saturday - mean bosses must show there is a "genuine shortage" of skilled labour forcing them to look beyond Australian borders.
The department was quick to deny that "too many human rights" is an adequate reason.
A survey from international development group Oxfam suggests Aussies want to know more about where their food and products come from.
While Australians rate Kellogs as our most ethical brand, the Oxfam report rated them second worst.
84% of respondents wanted more information on where brands come from, and how close that is to the nearest horse.
TOOWOOMBA residents are by no means immune to cyber crime and fraud, according to the man that is responsible for preventing it across the state.
Operations commander of the Queensland Police Fraud and Corporate Crime Group Detective Superintendent Brian Hay delivered the blunt assessment on Friday to a shocked business community.
Local businesses are currently discussing a move away from the "nothing worth hacking" approach to cyber security.
Kloppers receives a $75.2m golden handshake
THE Construction Forestry, Mining and Energy Union has attacked BHP Billiton after its recently resigned chief executive, Marius Kloppers, received a golden handshake to the value of $75.2 million.
The same day it was announced Mr Kloppers would retire, BHP announced a 58 per cent fall in net profit for the half year ending 31 December 2012 to $US4.24 billion.
HE owns a dinosaur. And now he is going after an adjective.
Clive Palmer's Blue Star Line, the company undertaking the ambitious plan to build the Titanic II, has submitted a priority trademark application for a variety of words related to the ill-fated ship; Titanic, Titanic II, Titanic III, Blue Star Line ... and Gigantic.
Mr Palmer's attempt to patent "a big metal thing that sits on water and moves" is, however, said to have failed.
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