POLITICS & POLICY

Australian Dollar Outlook - 19 Feb 2014

Bell FX Currency Outlook: Yesterday in Australia, the Minutes to the February Board Meeting provided few extra clues to recent public pronouncements by the Reserve Bank of Australia.
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Baby Dump Hatches for Unwanted, Abandoned Babies Growing in China

Despite being considered illegal in the country, China has nonetheless launched at least 25 baby dump hatches for unwanted and abandoned children nationwide. The scheme effectively encourages irresponsible parenting to a country with a population of 1.360 billion as of end 2013.

Australian Dollar Outlook - 17 February 2014

Bell FX Currency Outlook: The Australian Dollar is higher as the prospect of a stable interest rate outlook helps investors shrug off last week's disappointing jobs figures.

New Zealand Bans Los Angeles Rap Collective Odd Future, ‘Threat to Public Order’

Declaring they pose a potential threat to national public order, the government of New Zealand has denied issuing visas and effectively barred Los Angeles rap collective Odd Future from coming into the country, jeopardising the group's supposed participation in the Rapture event at Western Springs in Auckland on Saturday night.

Is New Zealand PM John Key a Reptilian? (VIDEOS)

That question actually remains unanswered, not because New Zealand Prime Minister John Key was offended by the query if he is a reptilian alien who could change shapes, but because no evidence could be found to disprove the theory.

Australian Dollar Outlook - 13 February 2014

Bell FX Currency Outlook: The Australian Dollar has once again maintained its firm tone overnight, pushing higher yesterday, as Chinese trade figures exceeded expectations.

Australian Dollar Outlook - February 12, 2014

Australia: The AUD reached its highest level since the 14th of January, following some good domestic data yesterday, while overnight, new Fed Chair Janet Yellen's first address to the House provided few surprises.

Australian Dollar Outlook - February 11, 2014

The Australian Dollar has remained contained within recent ranges overnight as the market awaits for events later in the week before making any significant moves.

Australia Needs More Fed Gov't Spending -- AI Group

The Australian Industry Group has urged the federal government to put on enough spending so as not to derail the economy now reeling from weak revenues from the mining sector.

NZ PM Key Does Not Expect Much From Aussie PM Abbott On Oz-Kiwi Talks

New Zealand Prime Minister John Key is setting his expectations low from his talks with Australian Prime Minister Tony Abbott regarding the seemingly never-ending issue of discrimination against Kiwis and the recent bouts on "Buy Australia Campaign."

Australia's Carbon Tax Repeal Looms Despite Report Showing Decline in Gas Emissions

The Australian government has previously said it will repeal carbon tax in July following a statement based on new data on greenhouse gas emissions. The Coalition claimed that Labour's carbon tax was only causing "plenty of pain, with no environmental gain." Environment Minister Greg Hunt remarked on Feb 5 that the carbon tax "doesn't work" since it costs the economy $7 billion a year.

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