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Boart slashes profit forecasts
Drilling services company Boart Longyear says its earnings will fall in 2013 because mining companies are scaling back on ...
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Dodgy sales people cost AGL $1.55m
SUBSIDIARIES of energy company AGL have been slugged with penalties of $1.55 million for dodgy door-to-door sales practices in which salesmen denied they were selling anything and claimed customers' current suppliers were ...
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Man charged over Melbourne hit-run
A MAN has been charged with attempted murder over a hit-and-run in Melbourne's southeast. Police say a 27-year-old man was walking along the pavement of a Noble Park street early on Tuesday morning when he was hit from behind by a car and dragged 50 metres before being thrown onto the road. The driver of the car then drove at him again, police allege. The pedestrian was taken to The Alfred ...
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Australias Myer Q3 sales edge up still cautious on outlook
SYDNEY | Tue May 21, 2013 7:07pm EDT SYDNEY May 22 (Reuters) - Myer Holdings Ltd, Australia's largest department store chain, posted a small rise in third-quarter sales on Wednesday and said it remained cautious about the outlook for retail trading. Myer, which has consistently traded below its 2009 initial public offer price, said sales in the third quarter rose 0.5 percent to ...
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Sydney footy player shot police hunt pair
POLICE are searching for two people after a footy player was shot in a park in Sydney's south. The 27-year-old victim was shot in his right hand and left thigh after he finished footy training in Mascot just before 8pm (AEST) on Tuesday. He was taken to hospital for surgery on injuries not thought to be life-threatening. He remains in a stable condition. Police say they are looking for two ...
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Buckle up for the Aussie dollar rollercoaster ride
Amid all the criticisms last week regarding the poor predictions made by Treasury, it should be noted they did get one right.In last year's budget Treasury predicted that the average exchange rate would be $US1.03. To this Monday it has averaged $US1.037. That's not bad given if you want to give yourself a good chance of looking like a mug, one of the quickest ways to go about it is to ...
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Single parents struggle after shift to Newstart
A bleak picture of disadvantage among single parents forced onto Newstart has emerged, with a new Salvation Army report finding the contentious policy has compounded levels of deprivation. The survey of 2705 people who used the organisation's emergency relief services in March highlighted the impact of the Gillard government's decision to shift 84,000 single parents on to the ...
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Stocks to watch early on Wednesday
Stocks to watch on the Australian stock exchange on Wednesday, May 22, 2013: NWS - NEWS CORPORATION - down nine cents at $33.89 NWSLV - NEWS CORPORATION NON-VOTING SHARES - down two cents at $33.77 News Limited has sold NRL club Melbourne to a private consortium gathered by New Zealand entrepreneur Bart ...
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Australian market set to open lower
The Australian market looks set to open lower despite gains on Wall Street ahead of US Federal Reserve chairman Ben Bernanke's testimony in Congress. At 0646 AEST on Wednesday, the June share price index futures contract was down six points at 5,186. In economic news on Wednesday, the Westpac/Melbourne Institute Survey of Consumer Sentiment index is due to be released. In equities news, ...
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Queensland changes land clearing laws
The Newman government passed the changes on Tuesday evening which allow farmers to graze starving cattle in five national parks and eight reserves until the end of 2013, and if needed, beyond.Farmers will also be able to clear their land without permits for routine management, such as building fences.Remnant forest can also be cleared if farmers can prove it's for a high-value agriculture ...
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10 new schools for southeast Qld
QUEENSLAND'S government says 10 new schools will be built to meet growing student demand in the state's southeast, three weeks after announcing nine could close in the same area due to low attendance ...
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Woman charged over $200000 booze theft
Police allege a thief broke into an Ingleburn freight company about 10.30pm (AEST) on Monday and used a forklift to load cases of alcohol onto a truck owned by the firm.It's claimed the robber loaded 400 cases of scotch whisky and 128 cases of vodka onto the truck.The cases contained 6336 bottles of spirits worth more than $200,000, police said.Police searched a residence at Airds on ...
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Betting ban doesnt need fed approval SA
A BAN on live odds betting during sports broadcasts does not require commonwealth legislation, South Australian Premier Jay Weatherill ...
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Man to face court over attempted murder
Police said a man was standing in the driveway of a Granville home about 3.10pm (AEST) on Sunday when a white van pulled up.It's alleged a man got out of the van and stabbed the 25-year-old in the neck.The victim was taken to hospital for treatment.Police charged a 33-year-old man on Tuesday over the incident after searching a property at Prairiewood and seizing a white van.The man was ...
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$A lower as commodity prices fall
The Australian dollar is slightly lower after commodity prices fell in overnight trade and as traders await Wednesday's testimony to Congress by US Federal Reserve Chairman Ben Bernanke.At 0630 AEST on Wednesday, the local unit was trading at 98.07 US cents, down from 98.17 cents on ...
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Video Raw video shows Aussie zoos new member a white rhino calf
A zoo in Dubbo, Australia has showed off its latest addition - a male white rhino calf, weighing about 110 lbs. Officials say the calf is important to the area's breeding program, especially since poaching is on the rise in ...
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Morning Express Rainy day for Sydney
will buy and build six new ferries within three years, and put on an extra 50 ferry services a week within months as part of their 20-year ferry plan. But it will not commit to building any new wharves in Sydney Harbour beyond one at ...
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Fewer Australians starting apprenticeships
The number of Australians starting apprenticeships has dropped dramatically, according to figures from a government research centre. Calculations based on new data from the National Centre for Vocational Education Research show the number of new apprentices declined by 14 per cent in the year to March 30. It follows a marked jump in apprentice numbers in 2012, as employers took advantage of ...
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Fossil fuel divestment campaigns victory in Australia will be a moral one | Alexander White
gigatons of carbon dioxide. Unfortunately, fossil fuel companies have reserves of carbon from oil, coal and gas of almost 3000 gigatons --far exceeding the climate's safe limit if it were to all be burned.This "math" has been known for some years before McKibben's ...
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Perth travellers shell-shocked but safe
A Perth schoolteacher "storm chasing" with her meteorologist husband in the US described how debris hit their car and they saw buildings levelled as the killer tornado crossed a highway in front of them in Oklahoma.Melissa Marshall let friends know via Facebook that she, husband Brayden and two other friends were safe as she described being about a kilometre from the storm."The ...
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Unbelievable beef rendang with an Australian twist
Beef rendance is traditionally cooked in curry sauce, but chef Alec Martin prefers adding the curry sauce after cooking. (Moe Doiron/The Globe and ...
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Hagel Australian Counterpart Note Progress Cooperation
American Forces Press Service WASHINGTON, May 21, 2013 – Defense Secretary Chuck Hagel and Australian Defense Minister Stephen Smith met for a working lunch at the Pentagon this afternoon, Pentagon Press Secretary George Little said. In a statement summarizing the meeting, Little said the two defense leaders discussed the progress and cooperation between the United States and Australia on a ...
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Readout of Secretary Hagels Meeting with Australian Minister for Defense Stephen Smith
Pentagon Press Secretary George Little provided the following readout: "Secretary of Defense Chuck Hagel hosted the Australian Minister for Defence Stephen Smith for a working lunch at the Pentagon this afternoon. "Secretary Hagel thanked Minister Smith for his condolences on the loss of life from the devastating tornado in Moore, Okla. "The two leaders discussed the ...
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Family joins search for Ontario man missing in Australia
OTTAWA -- Family members joined a frantic search Tuesday for a Canadian man with survival training missing for more than a week in Australia's Gold Coast region. Prabhdeep Srawn of Brampton, Ont., hasn't been heard from since parking his rental car on May 13 in the village of Charlotte Pass in Kosciuszko National Park. For the last two years, the 25-year-old has been a law ...
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Australia advises on avoiding resource curse
If resource-rich developing countries can avoid the "resource curse," they could reduce their dependency on aid, said an Australian government ...
Melbourne Featured
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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
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