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The rollout of the National Broadband Network has run into more trouble, with a key union demanding all work be halted until asbestos concerns are properly addressed. The Communications Electrical Plumbing Union has written to Telstra and the NBN Co calling for all pit and pipe remediation work to stop immediately. It's not ruling out industrial action unless there's more money for random safety checks across the net... Source: abc.net.au
April has begun on a down beat for shares, with Wall Street closing lower this morning after a report pointed to a slowdown in US manufacturing activity last month. But it's unlikely to force the Reserve Bank to move on interest rates when they meet