The proposed mining tax will successfully pass the parliamentary scrutiny and keep its present form, according to Prime Minister Julia Gillard, who believes that firm backings from independent MPs will seal the measures’ good fortunes.
Standard & Poor's has threatened to downgrade the U.S. sovereign rating, which is currently 'AAA', to 'D', meaning a default in the country's credit worthiness, if the government fails to honor U.S. Treasury debt payments. On this predicament, the IMF said: "At the opposite extreme, an excessively front-loaded adjustment could hurt the recovery. And a worsening of financial turmoil in European sovereign and bank debt markets could hurt U.S. growth through financial sector l...
Australia’s renewable energy sector has reassured consumers about the safety of household solar power systems after NSW Government released a statement yesterday discussing the results of an audit conducted by the Office of Fair Trading.
Small business support for the Australian Government has fallen to a 15-year low, according to the Sensis Business Index released today. SMEs have become much less supportive of the Federal Government’s policies, with the indicator declining sharply during the quarter to be the lowest level since February 1996.
Despite the nuclear meltdown scare spawned by Japan’s near-uranium leak, Rio Tinto said on Wednesday that it remains committed to stay in the uranium mining operations even as the global resource giant has admitted that growth in the sector could some snag over the next 10 years.
Australia's small, non-bank lenders have begun applying small increases in its upfront home loan fees and discharge fees in response to the loan exit fee ban.
Reforms sought by countries outside the European bloc, which include Australia, appeared to have missed the mark as the International Monetary Fund board voted on Tuesday to seat its new managing director, Christine Lagarde of France, and keep control of the influential financial institution on the Euro side.
Although most of the 22 million Australians are of British or Irish origin, the councilors at Sydney this week agreed to use the word "invasion" -- instead of "arrival" as proposed in the original plan, or "colonisation" as proposed in a compromise -- in its preamble to the council's new 2030 master plan.
View rare files and current photos of the world-famous prince throughout the years.
The Myanmar government has blacklisted Hollywood actress Michelle Yeoh on its immigration list barring her entry to the country.
Australia still needs to spur its campaign to urge citizens to prepare for retirement, a new research done by Roy Morgan said in order to achieve a 90 percent average confirming plans for the said years.
The Australian government has announced a new bill aimed at strengthening Australia's cyber security laws, the Cybercrime Legislation Amendment Bill (Bill). The Bill amends various criminal and communications legislation, significantly tightening Australia's laws in this area.
Almost half (46.1 percent) of the Australian public could be missing out on part of their superannuation, according to the findings of a nationwide survey released today by major Australian bank Westpac.
Admittedly would weigh on household budgets, the Australian government has volunteered to share some of the financial burden entailed by the proposed carbon tax.
International Monetary Fund's top contender for managing director Agustin Carstens had won the support of Australia and Canada as against rival French Minister Christine Lagarde.
The Australian government is prepared for the counter-offensive as leading cigarettes firm Philip Morris takes legal action against a planned marketing prohibition in the country.
The United States and North Korea are never in agreement with each other. They are in a dispute about South Korea, Pyongyang's nuclearization and arms proliferation, and many more. There have been tensions between them in the land, sea, and air, and they might as well take their dispute to the Internet.
The Pine Island Glacier, West Antarctica’s biggest glacier, is melting 50 percent faster than in 1994, adding to a global increase in sea levels, by U.S. and U.K. scientists said in a study published in the journal Nature Geoscience.
President Barack Obama has chosen the bright lights of Broadway to raise funds that will help his reelection bid for 2012. The Chief Executive has three fundraising events in Manhattan, including a pit stop at Broadway.
Two of Australia's biggest supermarket retailers say the Federal Government have not consulted them about the proposed carbon tax and are calling on the Government to reveal details about the tax before implementation.
Australia's renewable energy industry has welcomed Thursday's report of the Senate Inquiry into the Social and Economic Impact of Rural Wind Farms, saying it provided no reason to stop the roll out of this important
clean energy technology.
Australia's Prime Minister Julia Gillard is celebrating her first year in government with almost 60 percent of citizens wary of extending support to reforms she wanted to undertake specifically a carbon emissions tax deemed unpopular in an economy fueled by the mining sector.
The Australian government finally sealed its hard-fought agreements with two of the country’s leading telcos that hopefully will roll out the implementation of the National Broadband Network, pending the approval of the Australian Competition and Consumer Commission (ACCC).
Nothwithstanding US President Barack Obama announcement on Wednesday that thousands of troops will proceed with its planned 30,000- pullout, which is en route to an exit by 2014, Australian Prime Minister Julia Gillard has remained firm that she will make sure diggers posted in Afghanistan will complete their mission.
Company software developer AVG (AU/NZ) Pty Ltd, has warned Australians of the persisting personal identity theft as more scams might develop and are being created for the tax return season starting on 1 July.
Telstra (ASX: TLS) and NBN Company's definitive agreement spells a historic day for Australia's telecommunications industry, independent consultancy group Ovum said Thursday..
The government's ban on exit fees will remain in place for 1 July, after a motion to overturn the ban in the Senate failed to pass yesterday.
Amid warnings from experts that global warming is likely to exceed an agreed 2C threshold if carbon emissions continue at the current rate, climate talks in Bonn ended Friday with no substantive movement on the issue of binding carbon targets.
A former Willoughby City Council building inspector and development officer council could face criminal charges for exploiting his official functions to favour various business owners in the Chatswood area in return for cash, gifts, free meals, and free massages and sexual services.
Nobel laureate and Myanmar's pro-democracy leader, Aung San Suu Kyi, will deliver her first ever address to members of the U.S. Congress this week.
