Latest Australia News
RSS-
NSW budgets dreary economic backdrop
In framing the the NSW budget, treasurer Mike Baird faced the same dreary economic backdrop confronting his federal counterpart, Wayne Swan and business leaders around the country. It's not a recession - in fact it's not too bad. But it's not particularly flash either. Economic growth, both nationally and in NSW, is struggling to get up to a trend ...
-
Stocks to watch at noon on Tuesday
Stocks to watch on the Australian stock exchange at noon on Tuesday: ELD - ELDERS - down 1.2 cents, or 13.33 per cent, at 7.8 cents RHL - RURALCO - down 3.00 cents, or 0.88 per cent, at $3.36 Elders has shunned a takeover bid for its rural services division by rival ...
-
$60bn infrastructure boost in NSW budget
The people of NSW can expect huge improvements in transport and improved schools and hospitals after a $60 billion infrastructure boost in the state budget, the government says. The controversial privatisation of the Port of Newcastle, unveiled by Treasurer Mike Baird on Tuesday as a centrepiece of his budget and understood to be worth up to $700 million over its 99-year-lease, will go towards ...
More Australia News
RSS-
Dollar weakens after RBA signals rate cuts
At 12pm AEST today, the Australian dollar was trading at 95.27 US cents, down from 96.21 cents yesterday.The currency fell a quarter of a US cent to 95.18 US cents 10 minutes after details of the Reserve Bank's June meeting were released, suggesting the mining investment boom would plateau in the next 12 months.The minutes noted that business conditions were still subdued in the non-mining ...
-
Australia can lead the way for intersex people | Morgan Carpenter
guidelines . This has been possible as part of a government commitment to lesbian, gay, bisexual, transgender and intersex (LGBTI) inclusion, even while public awareness of intersex remains sketchy. You see, our lives are medicalised, and our voices rarely heard. This limited understanding was recently exemplified by a press agency report published globally this month: ...
-
Hawke wont end row for now
Mr Beattie last night said the former prime minister and Labor legend was the ideal candidate to help settle the differences between Prime Minister Julia Gillard and the man she toppled for the top job in 2010, Kevin Rudd.The idea was rejected by several Labor MPs earlier this morning, but responding at 10am, Mr Hawke's office did not rule out the former prime minister staging an ...
-
Key backer saves PM from defeat
The Prime Minister addressed a meeting of the Labor caucus today and said it was important for the party to focus on the nation and not themselves.She said the formal election campaign would begin on August 12 and Labor MPs would be fighting for a "majority Labor government".Labor MPs would focus on talking up the economic success and debunking the Coalition's scare campaign.Ms ...
-
Vote deferral a face-saver for Gillard
JULIA Gillard has been saved from humiliating defeat with her key backer Don Farrell calling for a motion that would restore the power of caucus to choose the ministry being ...
-
More than $5m of ice seized in Sydney
More than $5 million worth of the illegal drug ice has been seized after police uncovered a secret drug laboratory in southern Sydney.The haul began on Monday afternoon when detectives from the Asian Crime Squad stopped a taxi in Beverly Hills containing two male passengers.They seized two sports bags containing about 16kg of methylamphetamine, or ice, with a potential street value of more than ...
-
RBA leaves door open to more rate cuts
The Reserve Bank of Australia may not have cut the cash rate at its June meeting but has indicated it is prepared to cut further even though the Australian dollar is falling.The RBA board most recently moved the cash rate - cutting it by a quarter of a percentage point to 2.75 per cent - at its May meeting, after making four cuts in 2012.Between the May and June meetings, the Australian dollar ...
-
Australian Market Trades Weak
Despite a positive lead from Wall Street, the Australian stock market is trading weak on Tuesday, with investors mostly treading cautiously amid uncertainty about the U.S. Federal Reserve's stimulus program.Shares from consumer staples, financial, industrial, mining and energy sections are mostly trading weak, while property trusts stocks are trading firm.The benchmark S&P/ASX 200 ...
-
Aussies non-stop flights to Europe yes please
More than half of Australian travellers say they would rather stay couped up on a plane for over 18 hours than make a stopover, according to a new study. Research conducted by Skyscanner found that 57 percent of Australians would choose to travel non-stop to Europe and avoid stopovers. Although the non-stop option won over the majority of Aussies, 23 percent said they would choose whatever ...
-
BA Crew Climbs Sydney Harbour Bridge for Dreamflight
A passionate British Airways crew touched down in Sydney on June 15 to climb the Sydney Harbour Bridge and raise funds for the Dreamflight charity. Co-founded by retired British Airways cabin crew member Patricia Pearce MBE, Dreamflight is an incredible charity that takes seriously ill and disabled children from the UK on a life-changing holiday to Orlando, Florida, flown in a chartered ...
-
Virgin plane makes emergency landing at Mildura
Mildura 3500 Mildura Airport has commended the crew of a Virgin Australia flight that was forced to make an emergency landing in heavy fog this morning. The Boeing 737 was carrying 91 passengers on a flight from Melbourne to Adelaide when it was diverted to Mildura because of fog.Then a second plane, a Qantas flight, was also diverted to the airport.That caused problems because there was also ...
-
Australian shares ease in early trade
0.7 per cent rise for the Dow Jones Industrial Average in New York overnight , and gains on most European markets, the benchmark local indices are both down around 0.3 per cent.The All Ordinaries index was off 13 points to 4,792 by 10:45am (AEST), and the ASX 200 was down the same amount to 4,813.While banks initially led the decline, they have bounced back somewhat to be down between 0.1 and ...
-
Clive Palmer claims The Australian printed information stolen from his office
Brisbane 4000 Mining billionaire and Palmer United Party founder Clive Palmer says The Australian has printed information that was stolen from his Brisbane office.The national newspaper is reporting that Mr Palmer has warned a Chinese company that 1,000 jobs will be at at risk if it does not pay money it owes him.Mr Palmer ...
-
UGL notches up $120 in new contracts
Engineering firm UGL has secured $120 million in new contracts across its global property services business, DTZ. The wins include a three-year property management deal to advise Rolls-Royce, the world's second-largest maker of aircraft engines, on the management of its real estate across 20 countries in Europe, the Middle East and Africa. UGL has also locked in an extension to its global ...
-
Thomas Kelly killer pleads guilty
The young man charged with killing Thomas Kelly in Sydney's notorious Kings Cross party strip has pleaded guilty to manslaughter. Kieran Loveridge, 19, entered the plea when his matter came before Central Local Court in Sydney's CBD on Tuesday. He was originally charged with murder but the prosecution accepted the lesser plea of manslaughter. Police accused Loveridge of going on a ...
-
Ginia Rinehart disparaged NSW court
Gina Rinehart's son John Hancock has made "highly disparaging" remarks about his youngest sister which undermine his suitability as proposed trustee of the multi-billion-dollar family trust, a Sydney court has heard. The bitter Rinehart family battle returned to the Supreme Court on Tuesday for a brief pre-trial directions hearing. Mr Hancock and his sister, Bianca Rinehart, are ...
-
Aust shares weaken ahead of RBA minutes
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. "The market does want a rate cut If the minutes come out a little more dovish than expected, we'll probably see the ...
-
Hawk Hodge to contest AFL charge
Hawthorn captain Luke Hodge will contest his rough conduct charge at the AFL tribunal, risking his appearance in Friday night's clash with West Coast. Hodge was charged after a high bump on Carlton defender Lachie Henderson. The minor grading of the offence, which was ruled negligent conduct of low impact, meant Hodge could have avoided suspension by pleading guilty and accepting a ...
-
Aust shares open lower
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. "The market does want a rate cut If the minutes come out a little more dovish than expected, we'll probably see the ...
-
Rinehart family money war heats up
GINA Rinehart's son John Hancock has made "highly disparaging" remarks about his youngest sister which undermine his suitability as proposed trustee of the multi-billion-dollar family trust, a Sydney court has ...
-
106 boarders apply for sex abuse compo
More than 100 former WA hostel boarders have applied for sex abuse compensation after the Blaxell inquiry examined a litany of abuse across WA ...
-
Airport dispute drags into fourth week
SECURITY screening staff at Perth Airport's Qantas terminal have dug in for a fourth week of industrial action as they remain embroiled in a wage dispute with employer MSS ...
Melbourne Featured
-
Melbourne will be IT capital of country
Melbourne has been selected by the federal government as the location where the NBN’s operations centre will be headquartered, setting the stage for the city to become the IT, technology and communications capital of Australia.
Melbourne has a long-running rivalry with Sydney and, to a lesser degree, Perth. The two biggest cities in Australia competed intensely to be designated the capital in the early 20th century and Canberra was built from scratch and designated the national capital in large part because of such rivalry, but now Melbourne is set to have something that Sydney will not, the city has been officially chosen as the centre of operations for the ground-breaking National Broadband Network. Analysts and city leaders see the decision as one which will in time make Melbourne the IT hub of the country. Read more
News from around our Network
