POLITICS & POLICY

Government Pushes to 'Clean' Australia

A day after the Lower House of Representatives of Australia passed the carbon tax plan, the government of PM Julia Gillard pushed further its goals of reinventing Australia into an environment-conscious nation. Government announced the appointment of Jillian Broadbent to chair the panel working on the design of the $10 billion Clean Energy Finance Corporation (CEFC), as well as introduced two bills to establish the creation of the Australian Renewable Energy Agency (ARENA).

Coalition Delays Labor’s Tobacco Plain Packaging Bill

The Coalition successfully moved on Wednesday to delay the final vote on Prime Minister Julia Gillard’s anti-tobacco measures that would have compelled cigarette manufacturers and sellers in Australia to market their products in plain packaging.

Australian Experts Take Part in NZ Oil Spill Clean-up

The Australian Maritime and Safety Authority will join hands with Maritime New Zealand in clean-up efforts near Tauranga Harbor in what could be the most terrible maritime pollution debacle in the country’s history.
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Australian Dollar Outlook - 10/13/2011

Bell FX Currency Outlook: The Australian dollar has rallied strongly overnight as investors once again appear willing to take on more risk following positive news out of Europe.

Australian Stock Market Report - Morning 10/13/2011

Minutes from the last US Federal Reserve meeting highlighted that Fed officials discussed a fresh round of bond purchases among other tools to stimulate activity. However officials seemed to be holding back from a third round of QE. The minutes reiterated that the Fed had become a lot more concerned about the economic outlook. Commenting that ´´the risks to the growth outlook...were significant and tilted to the downside´´ and that the recovery is ´´more vulnerable to negative shocks´

Philippine Banana Plantations and Exports at Risk due to Virus in Southeast Asia

Over a thousand hectares of banana plantations in the Philippines have been infected by a disease that has destroyed banana plantations in other Southeast Asian nations, and farm owners on Monday warned agriculture officials that it could wipe out the Philippine banana industry in three years unless it is managed now.

MV Rena Oil Spill Update: Philippine Embassy Officials to Meet with Crew Thursday (PHOTOS)

Philippine Embassy officials are expected Thursday to talk to the captain and crew of MV Rena, the stricken cargo ship that is now massively spewing oil in New Zealand's Bay of Plenty. MV Rena's captain, Filipino Mauro Balomanga, who was reportedly celebrating his 44th birthday at the time of the crash, has appeared in Tauranga District Court, and is now facing a charge under Section 65 of the Maritime Transport Act of operating a vessel, causing unnecessary danger or risk to a person or p...

Solar Industry Applauds Passing of Climate Bills

Australia’s solar industry welcomed the passing of the Clean Energy Future package by the Australian House of Representatives. Parliament has passed the controversial bill by 74 votes to 72 on Wednesday.

Don't Abolish ABCC, Builders Group Says

Master Builders Australia, the peak body for the building and construction sector, has expressed opposition to the government’s plan to abolish the Australian Building and Construction Commission (ABCC).

Australian Mines: Carbon Tax is Like Doomsday

The fact that it heralded Australia's economy into what it is now is an understatement. Its contribution of 5 per cent into the country's GDP is fair enough proof of what the mining sector had done for Australia.

Republican Rivals Collide in New Hampshire Debate

Aspirants for the Republican presidential nomination tangled in a live presidential debate hosted by Bloomberg and the Washington Post on one of the most controversial subjects-- the state of the U.S. economy. Who said the most and what on the relevant issues?

Labor Secures Enough Support for Carbon Tax

Labor's carbon tax measure is expected to be passed on Wednesday morning by the House of Representatives after the party has secured sufficient support for Clean Energy Future Bill 2011 and 17 associated Bills 74-72.

Bill to Abolish the ABCC: A “Bad” Policy

John Lloyd, the Director of the Institute of Public Affairs Work Reform and Productivity Unit, today called on the Opposition and non-government members of the Parliament to oppose a bill to abolish the office of Australian Building and Construction Commissioner.

China Launches its own Iron Ore Price Index

China, the world's biggest consumer of iron ore raw material, on Monday launched its own iron ore price index in a bid to gain a foothold in the global pricing of the raw commodity.

China’s Richest Town, Huaxi, Hosts New 5-Star Hotel Tower

China unveiled on Monday one of its new towering skyscrapers that Beijing watchers said symbolised the once isolated nation’s ascension to dizzying prosperity while being ruled by a communist government that essentially embraced the basics of capitalism with great success.

Gay Marriage Advocates to Meet MPs in Canberra

About 60 Marriage Equality representatives from around Australia will travel to Canberra on Wednesday to meet with more than 40 MPs to discuss with Parliamentarians on both sides of the house how marriage equality affects their lives, and the lives of their family and friends.

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