POLITICS & POLICY

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Bill Shorten Reacts to Tony Abbott's "Embarrassing" Speech in Davos

Australian Labour Party and Opposition Leader Bill Shorten described Prime Minister Tony Abbott's speech in the World Economic Forum as "embarrassing." Mr Abbott had criticised Labour's stimulus package during the global financial crisis in front of the summit participants in Davos, Switzerland. He accused the Labour government of spending money to attract progress.

Australian Dollar Outlook - 23 January 2014

Bell FX Currency Outlook: The Australian Dollar remains above USD 0.8800 after inflation figures came in stronger than expected, making another cash rate cut highly unlikely.

Oil Treaty Dispute: Australia Refuses to Give in to East Timor’s Demands

In response to East Timor’s urging on the International Court of Justice to force Australia to return seized documents regarding the two countries’ controversial oil treaty, Australian authorities defends their position and rejects to give in to the demands.

CO2's CEO Grant Resigns as Australia Draws New Climate Policy

Andrew Grant steps down as CEO of CO2 Group Ltd, the largest carbon developer in Australia, as government draws on a new policy to adjust to climate change, thereby forcing the company to consider investing into new business areas.

Australian Dollar Outlook - 20 January 2014

Bell FX Currency Outlook: The Australian Dollar traded at a new 3½ year low on Friday as the market digested the weak local employment data from Thursday.

Chile Asks Australia To Extradite Former Intelligence Agent Adriana Rivas

The Supreme Court of Chile is asking Australia to extradite Adriana Rivas, the woman accused of involvement in torture and murder during the military dictatorship period of 1973-1990 in Chile. She was an intelligent agent for her country’s secret police, and is now wanted for her role in the murder of a Community Party leader in 1976.

Gold, Liquor Stash of Chinese Senior Army General Exposed

Not only did Lt Gen Gu Junshan owned dozens of homes and crates of luxury liquor, he also possessed a golden statue of Mao Zedong, a golden washbasin, a golden statue of a ship. The Chinese people aren't pleased.

Australian Dollar Outlook - 16 January 2014

Bell FX Currency Outlook: The Australian Dollar is slightly weaker this morning after a continuation of yesterday's moves in markets overnight.

Julia Gillard's Negative Media Treatment Turns Off Women to Enter Politics

Australian women who have political aspirations are discouraged to enter the world of politics because of former Prime Minister Julia Gillard's negative media image. According to a survey by the University of Adelaide and YWCA, 8 out of 10 women over the age of 31 were less likely to pursue a career in politics while 57 per cent of women between 18 and 21 years old were turned off by the media's treatment of Ms. Gillard.

Australian Dollar Outlook - 15 January 2014

Bell FX Currency Outlook: The US budget committee has agreed on a spending plan through until September 30th, which alleviates concerns about the US fiscal situation, further supporting the USD.

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