澳洲新闻 (ABC新闻快递) 2010-07-10

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Representatives from a group of mining companies say they are feeling positive after holding talks with the Prime Minister Julia Gillard in Perth. Rio Tinto boss Sam Walsh and Atlas¹ Iron head

David Flanagan were among about 20 miners who met the Prime Minister to discuss the new Mineral Resource Rent Tax(MRRT). Both say they were happy with how the meeting went, but there is still uncertainty² about the direction of the mining tax proposals.

Retail³ employer groups have lost a claim to reduce the three-hour minimum rule for casual employees. Fair Work Australia dismissed the claim to have the minimum casual shift cut back to two hours, saying there was no evidence a three-hour shift was causing problems. It says it had to consider fairness to all employees.

To the markets, and Wall Street has closed out its best week in a year with news on Google's renewed licence for China buoying⁴ US markets. The Dow Jones closed the week's trading up a little over 0.5 percent. And the S&P 500 boosted up and the NASDAQ finished up nearly a full percent.

To Europe, and the FTSE 100, DAX and Eruo Stoxx 50 all closed up around 0.5 percent. And checking currencies, the Australian dollar is holding steady against the greenback, the pound and the euro.

And that's ABC Business News.