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Billionaire Clive Palmer to Sue Rupert Murdoch over ‘The Australian’ Article, Calls Wendi Deng a Chinese Spy

With a day to go before elections, on Thursday, the battle seemed to get bitter. What happens when the media mogul brushes a business tycoon the wrong way; sparks fly. Flamboyant Australian billionaire Clive Palmer, enraged by an article in a local national newspaper, that questioned his credibility and credentials, not only wowed to take the newspaper owner Rupert Murdoch to court, but also called Murdoch’s estranged wife Wendi Deng, a Chinese spy.

Australian Dollar Outlook - 06 September 2013

Bell FX Currency Outlook: The Australian Dollar has retreated from its recent highs as the G20 meeting begins in St. Petersburg and financial markets await the most recent US jobs data tonight.

Coalition’s Internet Filter Policy Mishap Gets Punished, Malcolm Turnbull Faces Wrath on Social Media

Opposition Liberal National did a turnaround Thursday, when it replaced its policy on enhancing online safety for children which provided for mandatory implementation of “opt-out” internet filters, by default for all Australians. The turnaround came in less than 5 hours after the earlier policy document was released. The redraft followed a major uproar, particularly on social media, with Malcolm Turnbull facing much of the ire.

Will World War 3, End of Days Begin in Syria? U.S. Senate Panel Approves Military Strike Against Assad

World War III, the Apocalypse or the End of Days may be coming to Syria as US President Barack Obama was backed by the US Senate in his bid to push for a military strike against the Assad regime in Syria. The move to strike Syria passed the initial hurdle when a Senate panel voted in favour of the planned retaliation against the Syrian government's use of chemical weapons against its own people. However, despite the victory, the narrow margin of votes only showed how the United States will b...

Ad Criticising Rupert Murdoch Banned By Major TV Networks [VIDEO]

The TV ad of Getup has been banned in local networks because it criticises media mogul Rupert Murdoch. The activist group has lodged a complaint with the consumer watchdog Australian Competition and Consumer Commission for the refusal of Channels 7, 9, and 10 to play its advertisement on air.

Australian Dollar Outlook - 05 September 2013

Bell FX Currency Outlook: The Australian Dollar has extended its rally, and maybe heading toward USD 0.9200 after GDP data showed local economic growth was solid in the June quarter.

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