The Australian Tax Office (ATO) has specifically identified IT managers, plumbers and defence force non-commissioned officers as the occupation groups that it will closely watch for further tax scrutiny.
Vittorio Hernandez
Jul 27, 2012
Troubled Australian surfwear retailer Billabong International, unexcited over the second takeover bid by U.S.-based private equity firm TPG Inc. of $695 million, has nevertheless decided to still open its books to the latter.
Esther Tanquintic-Misa
Jul 27, 2012
Investors celebrated greater resolve from Europe's central bankers to shore up the euro zone, driving stocks and the euro sharply higher and Treasurys prices lower. The Dow Jones Industrial Average ran up 211.88 points, or 1.67%, its biggest gain in nearly a month, to end at 12887.93
Christine Gaylican
Jul 27, 2012
Less than a month since its implementation, the number of complaints over the carbon tax has been declining to 45 from 63 per day, the Australian Competition and Consumer Commission (ACCC) disclosed on Friday.
Vittorio Hernandez
Jul 27, 2012
Bell FX Currency Outlook: ECB comments spur markets along as President AMario Draghi announces the ECB is ready to do whatever it takes to preserve the Euro.
Christine Gaylican
Jul 27, 2012
High-profile Spanish lawyer Baltasar Garzon said on Wednesday that his main focus in defending WikiLeaks founder Julian Assange was for the Australian national to get a fair trial on whichever country court that he would be haled to.
Erik Pineda
Jul 26, 2012
Australia-listed Exalt Resources Ltd. has secured rights to acquire ownership interest in six Indonesian projects of Singapore-based Odni Holdings Pte. Ltd.
Esther Tanquintic-Misa
Jul 26, 2012
Union leaders launched on Wednesday a concerted campaign that would counter what they claimed as emerging hostile environment in the workplace area, which they fear could be worsened by a likely Coalition win on 2013.
Erik Pineda
Jul 26, 2012
Shares of Newcrest Mining Ltd., one of Australia's largest gold producer and a global top 10 gold mining company, have jumped during early Tuesday trading despite reporting poor gold output in the last full financial year.
Esther Tanquintic-Misa
Jul 26, 2012
China vowed to continue implementing its regulation policies on the mining and exporting of its rare earths as it remained unperturbed by the panel that the World Trade Organisation (WTO) said it will create to look into the complaints lodged by the U.S., European Union and Japan.
Esther Tanquintic-Misa
Jul 26, 2012
Upbeat earnings from Boeing and Caterpillar helped the Dow industrials rise for the first day in four. The Dow Jones Industrial Average rose 58.73 points, or 0.5%, to 12676.05. The blue-chip benchmark had fallen at least 100 points in each of the previous three sessions.
Christine Gaylican
Jul 26, 2012
Qantas Airways is currently in discussions with Dubai-based Emirates, according to reports, which could soon allow Australia’s flag carrier to set up a hub in the key Middle East city to be used as springboard for its European flights.
Erik Pineda
Jul 26, 2012
The amount of rare earths legally mined and shipped from China had dropped by 42.7 per cent in the first six months of the year versus a year ago, spurred by the persistent and rampant smuggling in the country, aggravating concerns that Beijing's overall exports of the precious metal elements could further dive this year.
Esther Tanquintic-Misa
Jul 26, 2012
Bell FX Currency Outlook: The Australian Dollar is a US cent higher, compared to the same time yesterday, currently trading just above USD1.0300 as risk assets, including the AUD were back in favor, at least early on in the trading session.
Christine Gaylican
Jul 26, 2012
Australian troops could soon be deployed in the Philippines for ‘quick stops’ with the approval on Tuesday of the defence pact between Canberra and Manila, which outlines the rules that will govern the Diggers’ visit in the island republic.
Erik Pineda
Jul 25, 2012
Prime Minister Julia Gillard has insisted that opinion polls were not the central focus of her government, reasserting too her earlier declaration that the Australian Labor Party will be led to the general election in 2013 by the incumbent Labor leader.
Erik Pineda
Jul 25, 2012
Bell FX Currency Outlook: The Australian Dollar is slightly weaker this morning following a further deterioration in sentiment due in the main to an increase
in risk aversion with Spanish sovereign bond markets remaining very unstable.
Christine Gaylican
Jul 25, 2012
The Dow slid to its third straight triple-digit point decline as poor corporate-earnings underscored growth worries and concerns mounted about Greece's ability to pay its debts.
Christine Gaylican
Jul 25, 2012
The Australian Labor Party may have kicked out embattled MP Craig Thomson from its caucus and the Coalition is not touching the former Health Services Union (HSU) official with a ten-foot pole. However, Zoe Arnold believes Mr Thomson is innocent of the charges against the legislator, including using HSU credit cards for the services of prostitutes.
Vittorio Hernandez
Jul 25, 2012
The fight is over between the Australian government and former Guantanamo Bay prisoner David Hicks because the office of the public prosecution director dropped off the case against the self-confessed al Qaeda trainee.
Erik Pineda
Jul 24, 2012
Hacking activist group Anonymous admitted on Tuesday that it was responsible for the attacks that took down at least 10 websites being maintained by the Queensland state government over the weekend.
Erik Pineda
Jul 24, 2012
Australian iron ore miner Northern Iron has just received a revised and improved takeover bid from Indian conglomerate Aditya Birla Group, which has prompted investors of the miner to rejoice over the latest development.
Esther Tanquintic-Misa
Jul 24, 2012
The cash handouts delivered by Labor starting this July failed to hit the mark as the party continues to lag behind the Coalition in the latest Newspoll survey, its primary vote sinking deeper at 28 per cent.
Erik Pineda
Jul 24, 2012
More information is the key for the federal government of Australia to reverse the voter dislike for the carbon tax, a study by the Climate Institute said.
Vittorio Hernandez
Jul 24, 2012
The Dispute Settlement Body (DSB) of the World Trade Organization (WTO) on Monday has created a panel that will effectively kick off the investigation into the mounting rare earths debate lodged by the U.S., European Union and Japan against China.
Esther Tanquintic-Misa
Jul 24, 2012
Stirred up by the ongoing scuffle among the four economic leaders U.S., European Union, Japan and China plus the persisting reality that alternative suppliers are hard to come by, the two Koreas are mulling a joint development cooperation to mine rare earth metals in the North.
Esther Tanquintic-Misa
Jul 24, 2012
Shares in troubled surfwear retailer Billabong International jumped by more than 20 per cent on Tuesday after news that US private equity firm TPG had presented a second takeover offer bid of $695 million.
Esther Tanquintic-Misa
Jul 24, 2012
Oil and gas giant Chevron Corp. has hit another pay dirt when its exploration well made another natural gas discovery in the Gorgon area off the coast of Western Australia.
Esther Tanquintic-Misa
Jul 24, 2012
U.S. stocks pared triple-digit losses after stumbling Monday as worries about Europe's fiscal health flared back up, pushing U.S. Treasury yields to new lows and boosting the dollar earlier.
Christine Gaylican
Jul 24, 2012
Bell FX Currency Outlook: Overnight the AUD fell below USD1.0300; currently trading at USD1.0260, as concerns regarding the stability of Europe once again plague the markets.
Christine Gaylican
Jul 24, 2012
