Local Business
$194 million hit to Far Northern tourism
THE tourism industry took a $194 million hit last year with international visitors to the Far North falling by 106,000 to 651,000.
$200 million lost as Cairns tourists drop
INTERNATIONAL visitors to the Far North fell by 106,000 last year with their spending plunging by nearly $200 million to $813 million.
Maternity leave plan 'too generous'
CAIRNS business leaders have urged Federal Opposition Leader Tony Abbott to go back to the drawing board with his controversial maternity leave scheme.
Receivers check in over Sebel land owners
AN investment scheme involved in the ownership of The Sebel Reef House and Spa property at Palm Cove has been placed in receivership.
Tully Sugar tracking a Bundy buy-up
Tully Sugar bosses have further distanced the company from a potential takeover by Maryborough Sugar, announcing a proposal to buy Bundaberg Sugar's assets in the Far North.
Bottled water businessman's ex-con past
A VETERAN businessman who admits to doing jail time is behind moves to create a bottled water project at Bellenden Ker, south of Cairns.
Cafe serves Asian e-commerce links
AN UNUSUAL Sheridan St business hopes to carve a niche in e-commerce while also providing trade links with China, Hong Kong and Indonesia.
Northpower in administration, owes $1m
MANUNDA electrical firm Northpower has appointed an administrator, sacked its staff and ended all work, with debts estimated at more than $1
million.
Cairns firm battered by insulation pull-out
A PORTSMITH business hit with a double-whammy by changes to two government-run environmental programs says it has been left thousands of dollars out of pocket.
Boom times in Cairns fitness industry
THE fitness industry is booming in the Far North as people become more concerned about their weight, diet and fitness.
Fears for Northpower electrical jobs
STAFF and customers of Cairns electrical company Northpower Electrical are in the dark over the company's future.
Redcape posts $34.6m profit
A RUSH of hotel sales has allowed Redcape Property Fund to post a $34.6 million net profit for the six months to December 31.
Cairns RSL to back Kmart boycott
THE Cairns RSL has called for a boycott of Kmart if it is successful in opening on Anzac Day morning.
RBA raises interest rates to 4pc
BREAKING NEWS: The Reserve Bank has announced an interest rate rise of 25 points to 4 per cent this afternoon.
AIMTEK scrambles to conquer space
A CAIRNS company has joined an international group looking to develop space engines that would revolutionise shuttle launches.
Banana underwear an eco-friendly first
BRINGING new meaning to the term banana hammock, swimwear company aussieBum has developed the world's first briefs made from banana plants. more
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Motel sellers look to resurgent market
REAL estate agents hope a resurgence in Cairns tourism will generate interest in this James St motel.
Position to boost bottom line
THIS building at 341 Mulgrave Rd was built as a showroom for John O'Brien not long before the Cairns businessman's empire collapsed.
Cairns upmarket property leads recovery
THE Cairns property market is already showing signs of recovery, a visiting national industry leader says.
Fine dining comes to plaza
AN Italian cafe, a deli and a restaurant are set to join the existing IVF clinic at Cairns Central Plaza.
