Labor slid back to where it was three months ago, trailing the Coalition’s wide margin on primary votes and two-party preferred in the latest Newspoll-News Ltd survey conducted late last week.
Bell FX Currency Outlook: The Australian Dollar continues to remain under pressure trading to a new 3 month low of US 1.0150 late yesterday.
Single Australian women, who comprise 87 per cent of the country's poorest families, will lose $60 a week with plans by the federal government to move 100,000 single parents from Parenting Payments to Newstart in 2013.
Julian Assange was obviously resorting to publicity stunt when he unveiled his plans to bring up legal charges against Prime Minister Julia Gillard, whom the WikiLeaks founder has accused of defamation.
Australian copper producer Discovery Metals Ltd., which has mines in Botswana, is being eyed for acquisition by Chinese private equity firm Cathay Fortune Corp. for A$830 million ($848 million).
Confidence of Aquila Resources investors' plummeted on Monday after the mining company announced it has incurred a $1.4 billion cost blowout for its West Pilbara Iron Ore Project.
A U.S. congressional report has reportedly determined that two major Chinese companies, Huawei Technologies and ZTE Corp, pose grave economic and security risks to the United States and should, therefore, be prevented from further making inroads in the country, reports said.
Monthly job placements in resource-rich Australia continued to slide down in September, slowing for the sixth consecutive month this year, the latest ANZ Banking Group Ltd's job advertisements survey released on Monday said.
Even Australia's farmers no longer need to physically conduct their business just to source their farming requirements.
Australia's state government of Queensland on Monday announced it will divest its remaining stakes in coal-freight company QR National Ltd. for $1.5 billion in a bid to pool funds that could be used to pay down the state's bloating debt.
U.S. stocks ended mostly lower Friday, as enthusiasm over a surprise drop in unemployment faded and headlines sparked renewed concerns about Europe's debt problems. Still, the Dow industrials rose to a five-year high. The Dow Jones Industrial Average rose 34.79 points, or 0.3%, to 13610.15, capping its first weekly advance in three weeks, although the benchmark pared gains of as much as 87 points earlier in the session.
Bell FX Currency Outlook: The Australian Dollar has fallen one US cent, as markets adjust their view on the Australian economy to one of weakness, following last week's dovish
outlook on the global economic outlook by the Reserve Bank of Australia.
Reserve Bank of Australia (RBA) Governor Glenn Stevens is one of the candidates who may replace Sir Mervyn King as government of the Bank of England (BoE). Mr King is scheduled to retire in 2013.
In an apparent bid to boost Coalition leader Tony Abbott's declining political stock due to his perceived problem with powerful females, the other women in his family have joined the media blitzkrieg initiated by Margie Abbott, the wife of Mr Abbott.
Does the Transportation Security Administration have any hiring standards whatsoever, other than "breathing human being?" The answer to that question has become glaringly obvious, as the list of bad behavior committed by these paragons of ineptitude continues to expand.
Those of you who are regular readers of Natural News - and your numbers are many - may not always agree with points of view expressed here, but we believe you at least consider us a trustworthy news source, a point driven home by the tens of millions of page views we receive every month.
Chinese telecom equipment maker Huawei Technologies Co Ltd wants to conduct an initial public offering (IPO) to establish its credibility as it targets large contracts in major international markets.
Billabong shares have sank, bordering at the $1 mark, which is way below TPG's indicative offer of $1.45 a share, after the troubled Australian surfwear retailer admitted that TPG is having some concerns and reservations about the takeover issue.
Financial and materials shares led stocks on a broad march higher and boosted the blue chips, which posted their biggest gains in three weeks. The Dow Jones Industrial Average rose 80.75 points, or 0.6%, to 13575.36, the largest single-day gain since Sept. 13., when the Federal Reserve sparked a 1.5% rally in the Dow industrials by announcing a new bond-buying program.
Labor is fighting back, according to the latest Newspoll analysis, and is at best would give a slim chance for Prime Minister Julia Gillard to keep her job in the aftermath of the scheduled federal election in late 2013.
Shipments of Australian iron ore to China have dropped 9.5 per cent in September, according to latest data revealed by the Hedland Port Authority.
Woolworths Ltd on Friday revealed plans of spinning off its existing shopping centre assets into a real estate investment trust to maximise shareholder value, along with the intention to knock on investors for $506 million to help fund and push the deal.
Bell FX Currency Outlook: The AUD is likely to range trade today after posive night in equity markets, though we see further downside risks for the local currency.
Margie Abbott, the wife of Coalition Tony Abbott, is on a public relations blitz in an apparent attempt to recover lost political support among voters for her husband who recently was questioned over having problems with female authorities or women in general.
The Malaysian Higher Court has rescheduled on Oct. 10 its initial hearing over the highly contested temporary operating license (TOL) granted to Australian rare earths miner Lynas Corp. that would jumpstart its Malaysian rare earths processing plant.
Tony Abbott was his usual self when the Opposition leader said that Australia could easily go down the drain, in the same way key economies in Europe did, Treasurer Wayne Swan said on Thursday.
Casting off concerns it will be helping a direct competitor, Australia has vowed it will assist Mongolia to achieve and expand its very own mining boom.
Republican presidential nominee Mitt Romney has probably realized by now that Big Bird could rival him well in terms of gathering support from the Americans. A presidential candidate does not simply announce that he "loves Big Bird" without expecting a surge of memes on the internet. Especially if Big Bird will lose his job.
An English court will decide in the next few days if the surety bond of 140,000 euros or $220,000 for WikiLeaks founder Julian Assange will be forfeited following his adamant refusal to leave the Ecuadorian embassy in London.
Shares of telecom stocks helped nudge stocks higher after readings on private-sector hiring and service-sector activity bested expectations. The Dow Jones Industrial Average closed up 12.25 points, or 0.1%, at 13494.61, reversing losses earlier in the session.
