Swimming pools, bridges, community centres and libraries were all high on the wish lists of mayors yesterday as they began to allocate their share of the new $300 million regional and local infrastructure fund reports The Australian.....Read More

In a last shot at survival, shattered finance house Babcock & Brown will cut 850 jobs - about 60 per cent of their staff reports The Australian.....Read More

The Federal Government says the infrastructure funding for councils was calculated using the same independent process as the previous government reports ABC News.....Read More

Babcock & Brown Infrastructure Group, owner of Australia's second-biggest coal-export harbor, said it's examining the potential sale of as much as 49 percent of the port after drawing interest from potential bidders.....Read More

The US government needs to pump billions of dollars into alternative energy efforts, broadband infrastructure and research in an effort to rebuild the nation's economy, Google's CEO said Tuesday.....Read More

Tasmania's economic survival is at the centre of a new debate about Gunns' proposed pulp mill, as global financial turmoil appears to be affecting the company's ability to raise funding reports ABC News.....Read More