Latest Australia News
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Aust shares open lower
The Australian share market has opened lower, weighed down by losses in the banking and retail sector. At 1015 AEST on Monday, the benchmark S&P/ASX200 index was down 42.7 points, or 0.86 per cent, at 4,940.8, while the broader All Ordinaries index was down 41.6 points, or 0.84 per cent, at 4,922.7. On the ASX 24, the June share price index futures contract was down 34 points at 4,939, ...
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DJs sales falls 2.2
David Jones says weak consumer sentiment and an unseasonably warm start to winter has contributed to a 2.2 per cent fall in third quarter sales. The department store's total sales in the three months to April 27 were $391.1 million, down from $399.8 million in the previous corresponding period. David Jones chief executive Paul Zahra says the company is focusing on controlling its ...
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Boy killed in Victorian bus crash
Police say the bus had been turning left in the suburb of Corio on Monday morning when it's believed the child was struck.The bus had braked hard moments before the crash, a witness told Fairfax Radio.Paramedics were unable to revive the child, an Ambulance Victoria spokeswoman said.Bacchus Marsh Road and Purnell Road have been closed and emergency crews remain at the scene.The driver of ...
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Woman 29 drowns fishing off Esperance
Police said the woman was fishing at Twilight Beach in Esperance on Sunday afternoon when she was swept into the ocean.Police are yet to inform her family and are preparing a report for the coroner.The woman's death is the second rock-fishing drowning on the south coast in a ...
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Overnight arson spree destroys six cars
Riley, 20, stands beside his burnt-out ute, which he bought last week. His was one of six cars torched during an arson spree across Scarborough and Karrinyup last night.Picture: Twitter/Lisa ...
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Australia stocks decline after weekly selloff
LOS ANGELES (MarketWatch) -- Australian stocks declined Monday in early trade, deepening recent losses for the market as investors anticipated further slowing in China, Australia's largest trading partner, and a possible wind down of monetary stimulus in the U.S. The S&P/ASX ...
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Qld govt scraps home power bill rebate
A $4.5 billion revenue hole has forced the Queensland government to dump plans for a household power bill rebate. Treasurer Tim Nicholls says the state's budget deficit in 2013/14 will be $7 billion. He also expects revenue to fall by a further $1.2 billion and GST receipts to drop by $531 million over the next four years. Mr Nicholls says this means a promised rebate on household power ...
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Parental plan to lift interest rates govt
HOME owners and small business operators will suffer double-digit interest rate hikes if the banking sector is forced to absorb the cost of the coalition's proposed paid parental leave scheme, the federal government says. The business sector estimates that Opposition Leader Tony Abbott's signature policy - which offers 26 weeks' paid leave for women earning up to $150,000, funded by ...
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Australian shares extend last weeks decline banks Telstra hurt
Sun May 26, 2013 8:17pm EDT (Updates with movements in early trade) SYDNEY May 27 (Reuters) - Australian shares dropped 0.7 percent on Monday morning, extending last week's sharp decline to one-month lows on concerns the U.S. Federal Reserve may scale back its stimulus measures, with losses led by the financial sector. Trading was relatively subdued ahead of a public holiday in the United ...
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Two men killed on Perth roads
A truck driver and a 74-year-old man man are dead after being hit by cars in separate incidents in Perth overnight. The truck driver who had stopped and got out of his vehicle near the corner of Tonkin Highway and Kelvin Road about 8pm on Sunday night was hit by a car. Police said the man in his 40s died from the injuries sustained. A 74-year-old man was also struck by a car in Kiara about ...
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Aussie dollars slide continues
The Australian dollar has continued to fall because of investor caution and falls in commodity prices.At 5am, the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday.Since 3pm, the Australian dollar traded between 96.27 US cents and 97.52 cents.The currency continued to be weighed down by data released last week that showed manufacturing activity in China started to fall in ...
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Aussies spend up big in the US
A record number of bargain-hunting Australians armed with credit cards and wallets stuffed with cash have been flying to the US and spending big.With the Aussie dollar worth more than the greenback in 2012 and everything from electronic goods to designer clothes in the US at bargain prices compared to stores back home, Aussie tourists have been on a buying frenzy.According to the US Office of ...
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From robots to drones Australia eyes high-tech farm help
Moving carefully along a row of apple trees, two of Australia's newest agricultural workers check if the fruit is ripe or the soil needs water or fertilizer.Meet "Mantis" and "Shrimp," agricultural robots being tested to do these tasks and more in a bid to cut costs and improve productivity in Australia's economically vital farm sector, which exported A$39.6-billion ...
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NSW govt demands tougher betting ad rules
THE NSW government has been accused of double standards after saying Prime Minister Julia Gillard's crackdown on gambling advertising during live broadcasts doesn't go far ...
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Man 20 charged over Kimberley rape
The man will face Broome Magistrates Court today charged with a series off offences in connection with a violent rape and burglary of the middle-aged woman.The man is charged with aggravated burglary, rendering a person incapable of resisting and aggravated sexual penetration without ...
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No trains on Derby day
FREMANTLE train line will be closed over derby weekend in July, as part of the biggest train station closure in Perths ...
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Fev rams home goals in Rockingham
The former Carlton and Brisbane star helped draw as many as 3000 people to the Rams' Anniversary Park for the clash against Waroona Demons in the Peel Football League.And he didn't let them down, kicking six goals to three-quarter time before the Rams ran away with the game with a six goal final term to win 17.8 (110) to 10.6 ...
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Guardian Australia primed and ready
The Guardian has this morning launched its local edition, Guardian Australia. Following months of speculation about a launch date, plus a headline grabbing recruitment drive, editor-in-chief Katherine Viner (pictured) has announced that Guardian Australia website is ...
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Closure fears for Singing for Health group in Adelaides southern suburbs
A SINGING group helping southern residents overcome social and mental health issues will close next month unless the State Government backflips on a decision to axe staff. Members of the Singing for Health program are pleading with the Health Department to reverse its decision to withdraw the two staff members who run the weekly class. Without them, the class will end on June 30. Woodcroft woman ...
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Refugee system harshest in world Greens
IMMIGRATION department officials can expect a grilling about the offshore processing of asylum seekers, Australian Greens senator Sarah Hanson-Young says. A Senate committee will quiz bureaucrats during estimate hearings in Canberra on Monday. Four times as many asylum seekers have tried to reach Australia since the Gillard government resumed offshore processing with a no-advantage test, Senator ...
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Live odds ban in place in weeks Conroy
A ban on the advertising of live betting odds during sport matches will be in place in the next fortnight, the federal government says. Communications Minister Stephen Conroy says the ban will be registered with the Australian Communications and Media Authority (ACMA) quickly. "I expect to see action taken on this in the next couple of weeks," Senator Conroy told ABC radio on ...
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Palu Polota Nau re-sign with Wallabies
Hooker Tatafu Polota Nau and No.8 Wycliff Palu have re-signed with Australian rugby and the NSW Waratahs. The powerful 30-year-old Palu on Monday turned his back on offshore opportunities in his bid to feature at a third World Cup when the Wallabies head to England in 2015. In recommitting, Palu also signed on for an additional two years with the Waratahs in Super Rugby, allowing him to ...
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Crown ANZ to cull staff
In more worrying signs the economy may be faltering, gaming giant Crown and ANZ Bank are putting off staff as economists tip the unemployment rate will hit six per cent by the end of the year. Fairfax Media says Crown will soon go ahead with significant redundancies for administration, marketing and back office staff. Crown spokesman Gary O'Neill says any job losses would be fewer than 50 ...
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Wild horses damaging alpine ecosystem
WILD horses are destroying vegetation in NSW's Kosciuszko National Park and eroding vital water catchment systems flowing to Victoria and South Australia, a report ...
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Bosses struggle with young staff
Baby boomer and Gen X bosses say one of the biggest problems is understanding what makes Gen Y workers tick as the disconnect between the generations fuels youth unemployment rates of up to 40 per cent. Gen Yers are likely to send a text message, email or post on Facebook if they are sick instead of phoning the boss. Employers complain that many have never worked a day in their life, still live ...
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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