SurfStitch could face class action and other top stories.

• SurfStitch could face class action

  

  Surfstitch co-founders Lex Pedersen and Justin Cameron went on a "spending binge" after the online retailer's IPO, says law firm Gadens. Louie Douvis Melbourne law firm Gadens has urged aggrieved major shareholders in SurfStitch to provide details about private briefings with the board and senior management as it investigates whether to launch a $500 million class action claim.Gadens partner and chief counsel Glenn McGowan QC wants to know wha..

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• NSW to scrap $400m in business taxes

  

  NSW Treasurer Gladys Berejiklian said: "Scrapping these taxes will provide businesses with certainty, improve economic efficiency and lower business operating and administration costs." Louise Kennerley The NSW government will abolish $400 million worth of business tax, including mortgage duty, share transfer duty and non-real transfer duty from July 1.Ahead of next week's state budget, NSW Treasurer Gladys Berejiklian said on Monday the govern..

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• Food Olympics to be held in Oz

  

  Welcome to Restaurant Australia3:00Discover Australia's bounty of food and wine experiences. Take in the Barossa Valley by hot air balloon, sample fresh oysters on Freycinet Peninsula, toast a Sydney sunset at Quay and dine under the stars at Uluru. #RestaurantAustralia Courtesy: Australia Melbourne has won the right to host the equivalent of the food Olympics, otherwise known as The World’s 50 Best Restaurants awards. The 2017 event will be held in the Victorian capital, marking the first time..

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• Palmer seeks workers for Qld nickel

  

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• RBA governor Glenn Stevens 'humbled'

  

  Glenn Stevens, governor of the Reserve Bank of Australia, right, and Philip Lowe, deputy governor. Ian Waldie Human nature is such that it's exceedingly rare for a major public award not to attract at least some criticism.Detractors point to some career blunder, or some personality defect that has been conveniently overlooked by those bestowing the award.Or they note that the recipient has reaped such rich financial reward for their efforts tha..

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• WA workers to fight commission decision

  

  MAINTENANCE workers at an unprofitable coal mine in WA’s South West have vowed to appeal a Fair Work Commission decision to terminate their current enterprise agreement.Griffin Coal, owned by India’s Lanco Infratech, applied for the commission’s intervention after more than 12 months of unproductive talks with the Australian Manufacturing Workers’ Union about a replacement agreement for its Collie mine.After Griffin Coal president Raj Kumar Roy complained about high wages, which were the company..

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• Amazon eyes Australian grocery delivery launch

  

  Vegetables for home delivery in Australia might be an Amazon project within the next year or two. Photo: Kerrie O'Brien Amazon will "eat all our breakfasts, lunches and dinners," Wesfarmers boss Richard Goyder warned his fellow retailers in March. As the boss of the conglomerate that owns No. 2 supermarket chain Coles, Mr Goyder best mind his meals.Amazon, the world's biggest retailer, says it is coming.An Amazon executive says the $US338.7 billion retailer c..

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• Basslink cable returns to full service

  

  TASMANIA’S Bass Strait electricity cable is back in service but there are no answers yet on what caused it to break down in December.The cable failed on December 20 last year, forcing the state to rely on its own hydro production for power.But falling dam levels meant diesel generators needed to be installed at numerous power stations and the state’s major industrials were asked to lower production to reduce their power consumption.The cable resumed operation at 11.51am today and began exporting..

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• Weak construction blunts China's economic rally

  

  Beijing: The pace of Chinese investment growth slowed sharply in the first five months of this year, blunting a recent rally in the traditional sectors driving the world's second-largest economy and renewing uncertainty over its prospects.The rate of fixed asset investment growth fell to 9.5 per cent, the slowest in 16 years and well below economist forecasts of 10.5 per cent, a decline aligned with a recent warning carried in the official People's Daily that China must move away from its relia..

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• Queensland budget 2016: Premier, Treasurer struggle to explain key policy

  

  It's the hallmark budget policy the Palaszczuk government can't explain.Announcing an additional $225 million for its Advance Queensland policy, adding to the $180 million it set aside in the last budget, Premier Annastacia Palaszczuk said $40 million of that would be spent "aggressively" attracting businesses to the Sunshine State. Premier Annastacia Palaszczuk said $40 million would be spent "aggressively" attracting businesses. But she couldn't say how. Photo: Bradley Kanaris But she ..

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Canberra NPL: Canberra FC v Canberra Olympic .	Kids' cereals still too sugary: NZ agency .
Amazon launches UK fresh food deliveries .	Ferrari sports-cars recalled in Australia due to faulty Takata airbags .