Result Page 169 for Latest Politics & Policy News & Archive

Australian Home Prices Up 1.4% in September

Home prices in Australia has risen for the fourth consecutive month in September, in what could be a confirmation that the rate cut is finally taking effect.

Alan Jones Loses Sponsors over Comments on Julia Gillard’s Father

More corporate sponsors have pulled out or were planning to cease their partnership with popular 2GB broadcaster Alan Jones, who created a firestorm over the weekend for his offensive comments involving the late father of Prime Minister Julia Gillard.

Global Markets Overview -10/02/2012

Stocks Monday started the fourth quarter mostly higher after a report showed an unexpected expansion in September U.S. factory activity. The Dow Jones Industrial Average climbed 77.98 points, or 0.6%, to 13515.11, following its biggest weekly loss since the week ended June 1. The blue-chip benchmark trimmed gains heading into Monday's close, after climbing as much as 161 points earlier in the day.

Australian Dollar Outlook - 10/02/2012

Bell FX Currency Outlook: The Australian Dollar has held steady following comments from Federal Reserve Chairman Ben Bernanke who noted, amongst other things, the Federal Reserve is watching developments in Europe closely. Today the focus in Asia is on the outcome of the RBA meeting.

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Australia Sets Aside $6.85M to Cull Sharks due to Rise in Human Attacks

While the federal government of the United States announced on Thursday plans to include the great white sharks in its endangered species list, on the same day, Australia announced plans that it has set aside $6.85 million to kill sharks.

Tony Abbott Describes Carbon Tax as an Octopus Embracing Australian Economy

Despite the carbon tax being collected by the Gillard government for almost three months and the sky not falling as predicted by the Opposition, Coalition leader Tony Abbott continues to use colourful language to describe the tax which he vowed to repeal if he wins the 2013 federal election.

New Generation Bank Notes Fail to Impress Aussies

The design of new Australian bank notes which the Reserve Bank of Australia (RBA) has commissioned failed to win the nod of many Aussies.

Same-Sex Marriage Bill in Tasmania Loses

The same-sex marriage bill in Tasmania suffered on Thursday the same fate its federal counterpart experienced when it was rejected by state lawmakers. The fate of the controversial measure was sealed when the 8th member of the 15-member Legislative Council voted against the bill.

WikiLeaks’ Julian Assange Blasts Obama via Video Speech on UN

WikiLeaks founder Julian Assange said on Thursday that freedom of speech for the U.S. government is mere lip service and is being employed by U.S. President Barack Obama to gain political traction.

Julia Gillard Outlines Key Aussie Contributions on UN Missions, Makes Case for Security Council Inclusion

Prime Minister Julia Gillard addressed the United Nations General Assembly on Wednesday, painting in her initial speech before the world body a nation she leads that is more than willing to contribute on global humanitarian efforts.

Australia’s Woolworths Ends 8-Month Buyer Search, Sells Electronics Chain Dick Smith for A$20M

After a long and arduous eight-month stretch trying to prick the interests of potential buyers, Australia's top supermarket chain Woolworths Ltd was finally able to sell its Dick Smith Electronics chain for $20 million to private equity group Anchorage Capital Partners.

Australian Gold Miner Noble Mineral Gets A$85M as China’s Zhongrun Hikes Stake to 42%

Australian gold mining firm Noble Mineral Resources Ltd is poised to receive A$85 million ($88 million) from Chinese firm Zhongrun Resources Investment Corp as it approved the latter's increased stake ownership bid into the company to 42 per cent.

North Korea Sells Gold Reserves to China – Report

Cash-stricken North Korea has earned US$100 million over the past year by selling more than 2 tonnes of its gold to China.

BHP Still Interested in Olympic Dam Mine, Requests Extension of December Deadline

Shortly after a month that it announced it is cancelling the $30-billion expansion of the Olympic Dam copper and uranium mine mega project, global mining giant BHP Billiton has asked the state government of South Australia to extend the deadline coverage of the indenture agreement the two parties signed in October 2011.

Xstrata Shuts Down Cosmos Nickel Mine in Australia; Sinclair Remains Open

Australia's dwindling mining activity has again tempered jobs, this time numbering 150, after mining giant Xstrata PLC announced the impending closure of its Cosmos nickel mine in Western Australia on falling prices of the commodity.

Australian Dollar Outlook - 09/27/2012

Bell FX Currency Outlook: The Australian Dollar is steady this morning after falling to its lowest level in more than two weeks on renewed concerns about the euro zone sovereign debt crisis.

Australia Intercepts 2 More Asylum Boats Near Cocos Islands

The Australian government intercepted on Tuesday afternoon two more asylum boats near the Cocos (Keeling) Islands. One boat has 49 passengers and the other 54, disclosed Home Affairs Minister Jason Clare.

New Gladstone Harbour Channel in Queensland Planned

The Queensland state government has announced it is poised to construct a second shipping project in Gladstone harbour.

New Zealand’s Fonterra’s 2012 Payout Down 19%

New Zealand dairy company Fonterra Co-Operative Group Ltd. on Wednesday said its payout to farmer shareholders will fall by 19 per cent as net revenues for the 2011-12 season had remained flat at $19.8 billion.

Prices of Iron Ore, Steel Will Not Rebound in At Least Next Six Months – Shale-Inland CEO

Prices of iron ore and its consequent by-product steel will find a hard time to rebound in at least the next six months, not until China's economic growth posts record giant leaps, the chief executive officer of Shale-Inland Holdings LLC, a diversified steel services company, said.

Funny Memes: From ‘It’s Complicated’ to ‘Friendzoned’

“Dude, you’ve been friendzoned!” Say what? People who get too close to being in a relationship with someone they like sometimes find themselves in the dreaded “friend zone.”

New Home Constructions Down 7.3% in 2011/12

A new research by the Housing Industry Association (HIA) titled 'HIA-COLORBOND® steel Housing 100 Report' has shown that the number of new houses constructed by Australia's top 100 builders have fallen to an equivalent 7.3 per cent to 48,130 in 2011/12, the group's lowest level since 1996/97.

Huawei Mulls ASX Listing to Gain More Trusts in Australia

China’s Huawei Technologies, one of the world’s biggest telcos, is not giving up on Australia despite earlier decision by the federal government this year to bar the company from participating in the $37-billion national broadband network (NBN) roll out.

Lynas Gets Stalled Operating Malaysian Plant Facility, Shares Down

Lynas Corp., which is all set to fire up its rare earths processing facility in Malaysia in October, could once again get embroiled in a legal court battle after its temporary operating licence (TOL) has been put on hold by a Malaysian high court until Oct. 4 pending an injunction filed by opponents to the plant.

Julia Gillard Downplays Lindsay Tanner's Book: Labor Governs with Purpose

Prime Minister Julia Gillard said on Wednesday that Labor’s clear purpose for governance is “to offer the best of opportunities … and meet the needs of the Australian people.”

Australian Dollar Outlook - 09/26/2012

Bell FX Currency Outlook: The Australian Dollar remains below 1.0400 following a surge in Spain's borrowing costs and protests against the country's austerity measures.

Ferguson Warns Opposition of Negative Impact of Anti-China Messages on Foreign Investment

Resources Minister Martin Ferguson warned Coalition leader Tony Abbott on Tuesday of the negative impact of constant Opposition anti-China messages on foreign investments.

Caterpillar Dims Earnings Forecast Thru 2015

Caterpillar Inc. (CAT) has been forced to slash its 2015 earnings forecast as commodity miners and producers equally reduced budget allocations for project developments as a result of the debilitating global fiscal crisis dragging commodity prices down.

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