POLITICS & POLICY

ACMA report scores telco players’ dishonest practices

Australia’s telecommunication watchdog has issued its preliminary report this week, scoring the industry’s tricky advertising techniques that take away the significance of premium communication services that telcos provide to consumers.

Industry groups: Tackle weakness in Australia's economy

As signs of a recession could be well-around the corner in the medium term, the Australian Parliament is still sticking by its positive outlook that the economy can rebound from this slump. However, Australia's industry sectors are wary that the underlying weakness of the economy must be addressed immediately.
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Australia's economy staggers in Q1

Australia's economy has been hit by a decline in exports in the first quarter that would have likely pulled down the country's domestic growth-the biggest detraction since 1959.

Tax breaks to Canada's small business hamper growth

In a paper released today by the School of Public Policy in Canada, Duanjie Chen and Jack Mintz analyze small business tax policies. The authors find that despite the common belief that small business tax concessions encourage job creation and economic growth, this cannot be substantiated.

Kuwaiti Prime Minister calls for political stability amidst tension in Mid East

His Highness the Prime Minister of Kuwait Sheikh Nasser Al-Mohammed Al-Ahmad Al-Sabah called on all parties to adhere to the Amir's directives to respect the Constitution and the laws for the best interest of the country. The premier's remarks were made on Sunday amidst political tensions in some parts of the Middle East.

Space Shuttle Endeavour returns to Earth after final voyage

Space shuttle Endeavour is scheduled to return to Earth for the final time on Wednesday, June 1, completing a 16-day mission to outfit the International Space Station. If Endeavour lands Wednesday, it will have spent 299 days in space and traveled more than 122.8 million miles during its 25 flights. It launched on its first mission on May 7, 1992.

NASA, Lockheed Martin & Ball Aerospace Team complete on-orbit Orion MPCV navigation system test

In an unprecedented on-orbit maneuver, Commander Mark Kelly completed the first ever Orion Multi-Purpose Crew Vehicle (MPCV)-like approach to the International Space Station at 3:24 a.m. CDT today as part of the Sensor Test for Orion Relative Navigation Risk Mitigation (STORRM). The orbital rendezvous verified the successful operation of the MPCV's next generation docking sensor, which NASA has identified as a critical technology needed for future space exploration missions.

Construction sector: Carbon tax could drag us down

Australia’s peak body for the building and construction industry says it could not support the introduction of a carbon tax from 1 July 2012 unless the government properly addresses the cost impact and uncertainty in relation to the increased cost to housing and to the building industry.

Australian soldier killed by Afghan rogue ally

An Australian Army soldier, a member of the Mentoring Task Force was shot by an Afghan National Army soldier yesterday while undertaking guard duty at a patrol base north of Tarin Kot.

Scientists urged Japan, TEPCO to act fast

Japan can avoid turning the affected Fukushima Prefecture into a dead zone by immediately applying chemicals and planting radiation-absorbing plants at the contaminated soil, scientists said.

Gillard proceeds with Malaysia processing center

Plans to establish a regional processing center in Malaysia for asylum seeker will be carried out by the federal government despite condemnations from the Greens, conveys Prime Minister Julia Gillard.

Budweiser asks men to stop shaving to save a million gallons of water

Budweiser is asking adult men across America to help save one million gallons of water by not shaving in the days and weeks leading up to World Environment Day (June 5). As part of Budweiser's ongoing commitment to water conservation, the Grow One. Save a Million. program allows consumers to get involved and save roughly 5 gallons of water for each shave they skip.

U.S. wants probe on Gadhafi's allegedecruitment of mercenaries from Algeria-backed Polisario to fight NATO, rebels

As international concern grows over the mounting toll of fighting in Libya, Congressman Mario Diaz-Balart (R-FL) is urging his colleagues in Congress to give "serious attention" to increasing evidence that members of the Algeria-backed Polisario Front are among those "being recruited and participating as mercenaries in Col. Gadhafi's murderous campaign against the Libyan people." Earlier this month, the International Criminal Court issued arrest warrants for Libyan leaders, callin...

Santos Gladstone LNG Project underway

Work on the $16 billion Santos (ASX: STO) Liquefied Natural Gas Project near Gladstone is underway, with Prime Minister Julia Gillard and Queensland Premier Anna Bligh officially launching the project on Saturday.

Shorten says no need for ASX Cap revision

The rules on foreign ownership in ASX Ltd, according to Australian Financial Services Minister Bill Shorten, did not drop Singapore Exchange Ltd’s bid and they do not need any correction. This after the government decided to uphold a tax office ruling that gains from asset sales by private equity firms.

Call for reformation swamps first round of flood hearings

As the 30 days of public hearing in eight locations ended today, Premier Anna Bligh argued that investing $15 million in an implementation to review and extract any lessons from the disaster that ravaged over Queensland is one of the best ways to honor the 35 victims.

NPC condemns subpoena for reporter in leak case

The National Press Club criticized Thursday a decision by the Justice Department to subpoena a New York Times reporter to testify in a criminal trial about who leaked him information for a book he wrote.

Seniors have lost 32 percent of their buying power since 2000

Seniors have lost almost one-third of their buying power since 2000, according to the Annual Survey of Senior Costs, released today by The Senior Citizens League (TSCL). TSCL is one of the nation's largest nonpartisan seniors advocacy groups.

More states welcome solar industry audits

While NSW continues to give leads on poorly manufactured solar panels, Western Australia considered following it as more and more complaints and inquiries against the solar industry continues to rise from 50 and 300 respectively.

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