The Australian government was not surprised at all that neighbouring governments would find the Coalition’s border protection and migration policies unacceptable, specifically the party’s insistence of turning back boats filled with asylum seekers when safe to do so.
The human brain is perceived to be sending mixed signals sometimes. It is your brain that makes you note it's time to sleep. Yet it won't let you sleep. This is just one of the main points of "scumbag brain" memes.
Australian consumers had been struggling with higher prices of basic goods and services in the three months until the end of September as inflation rises 1.4 per cent, dampening the central bank's aggressive stance in slashing benchmark rates in the coming months.
Bell FX Currency Outlook: The Australian Dollar is trading back below USD 1.0300 this morning on renewed market concerns over global economic growth.
Embattled independent MP Craig Thomson is back in the headlines after the New South Wales (NSW) police conducted an early morning raid on his house. The search, which reportedly led to the seizure of computers, is part of the ongoing investigation on Mr Thomson's alleged misuse of Health Services Union (HSU) funds.
U.S. stocks Tuesday headed to their worst decline in four months as weaker earnings and concern about Spain heightened fears about the global economy. After a 262-point drop, the Dow Jones Industrial Average was lately off 207.7 points, or 1.6%, to 13,138.19, with chemical maker DuPont pacing its losses that included 28 of its 30 components.
The Labor-led government has unveiled its updated federal budget plan that now carries a downward revised surplus target of $1.1 billion but with more spending cuts that drew scathing criticisms from business leaders and the Coalition.
Former Australian Competition and Consumer Commission (ACCC) Graeme Samuel is “cheerleader for the NBN,” and naturally he would support the $37 billion Labor broadband initiative that would deliver high-speed internet access across Australia.
No offence meant, according to Opposition Leader Tony Abbott, when he remarked today that the Gillard Government was sorely lacking in raising up kids, exactly the reason it can easily cutback baby bonus payments.
Bell FX Currency Outlook: The Australian Dollar has opened relatively unchanged after a subdued session overnight.
Coal workers at the jointly-owned coking coal mines of BHP Billiton Ltd. and Mitsubishi Corp. have finally conceded to accept a new enterprise agreement, effectively ending a two-year mining clash.
Prime Minister Julia Gillard further surged in the popularity race with Opposition Leader Tony Abbott, attracting as much as 50 per cent of Aussie voters who regard her as their preferred leader, the new Fairfax-Nielsen survey said on Monday.
After 30 years, Australia's Queensland state will resume uranium mining as the state's Premier Campbell Newman surrendered to pressure to lift the policy in support to the Australia Prime Minister Julia Gillard's desire to sell uranium to India.
Shares of Australia's largest listed grain trader GrainCorp Ltd. surged on Monday as it confirmed it had received a formal non-binding takeover bid from US giant Archer Daniel Midlands Co. (ADM).
Australia suffered another death in Afghanistan Sunday night, bringing to 39 the number of Diggers killed in the decade-old conflict that started in 2001.
Following Australian PM Julia Gillard's recent visit to India, which focused on cooperation on civil nuclear energy, the country's state government of Queensland is now mulling to lift its self-imposed uranium ban in anticipation of a potential mining boom of the resource commodity.
Third-quarter earnings season continues this week with a bevy of tech companies, as well as airlines, industrials and others. Also, housing and gross domestic product data are expected, along with three initial public offerings. Stocks closed the week with their biggest single-day decline in four months Friday, after a slew of weak corporate earnings reports.
Bell FX Currency Outlook: The Australian Dollar has opened slightly weaker this morning and is poised to test further upside over the next few weeks should global economic data continue to show signs of improvement.
U.S. State Secretary Hillary Clinton will visit Australia on Nov 14 to participate in the Australia-United States Ministerial Consultations (AUSMIN), Australian Foreign Minister Bob Carr announced on Saturday.
While Buckingham Palace is preparing for the royal visit of Prince Charles and Camilla in Australia in a few weeks, the Australian Republic Movement (ARM) is pushing for replacing the British monarch with an Australian head of state.
Australia's state government of Queensland has put up two oil and gas blocks, one near Condamine and the other near Miles, for auction.
Australia on Friday reached a historical milestone as oil and gas company Santos Ltd launched the country's first commercial shale gas well in South Australia's Cooper Basin.
GrainCorp Ltd. could be up for a possible $3 billion takeover by US giant Archer Daniel Midlands Co. (ADM) after the latter seized up a 10 per cent controlling stake in Australia's largest listed grain trader.
Instagram app users are photo-blogging their favorite things on the planet – gardens, hobbies, pets, you name it, Instagram has it. One thing you can see from this mobile app is a steady upload of feline photos.
Australian gold miner Newcrest Mining Ltd will pursue its planned mine expansions as well as its annual target production guidance despite reporting a drop in its first quarter September production of the safe haven precious yellow metal gold.
Australia got what it came for in New York – the coveted UN Security Council seat--the country secured through intense diplomatic campaigns and a whopping price tag of $24 million, not to mention the billions spent and issued as aids to specific nations in order to win their support.
Stocks traded lower, threatening to snap a four-day streak of gains for the Dow Industrials, as a measure of U.S. layoffs rose more than expected and a surprise earnings report from Google weighed on the technology sector. The Dow Jones Industrial Average fell 22 points, or 0.2%, to 135536 in late-afternoon trading Thursday
Bell FX Currency Outlook: The Australian Dollar was on a rollercoaster ride last night and enjoyed quite significant swings including a break through USD 1.0400 before settling to yesterday's levels.
After more two years since the change in Australia's political leadership, former Prime Minister Kevin Rudd broke his silence on Thursday and admitted his removal as prime minister was a traumatic experience.
Australia won on Friday a United Nations Security Council seat in New York with 140 votes. The victory is the result of a four-year campaign initiated by former Prime Minister Kevin Rudd in 2008.
