POLITICS & POLICY

Gillard building skilled workforce in SA

The Australian Government has invested $8.2 million towards the development of a state of the art training centre, which will allow civil construction students to train using technologically advanced simulators.

Telstra, NBN Co seals the deal by next week

The famed deal between Telstra Corporation Ltd and the National Broadband Network (NBN), which amounts to $9 billion, is expected to be signed as early as next week with the cabinet to see documents by late second quarter or early third quarter of this year.

US lawmakers want more on Sony data theft

Lawmakers in the U.S. asked Japanese firm Sony Corp. for additional information about an attack that exposed more than 100 million customer accounts to hackers, an event its chief executive officer described as a 'hiccup.'
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Interest rate growths to happen as Liberals toy with budget

The Reserve Bank has confirmed anticipations of interest rate growths. According to the government, the policy positions held by the opposition has added to the rate pressures as it would wipe almost $7 billion off the budget bottom line.

IMF leadership in disarray

The leadership of International Monetary Fund is now in disarray with the arrest and detention of managing director Dominique Strauss-Kahn by the New York City police.

CalPERS to divest stocks in companies doing business in Iran, Sudan

Responding to the impact of federal and international sanctions, the California Public Employees' Retirement System (CalPERS) today adopted a plan to divest shares of the remaining public companies operating in specific segments of the Iran and Sudan economies. New investments in these companies would be blocked as well.

Malaysia deal affects Gilliard’s poll ratings

A recent poll indicated that Prime Minister Julia Gillard’s ratings experienced decline as the federal government’s deal for asylum-seekers exchanges with Malaysia has taken its toll on Julia Gillard.

Guinness rejects ‘circumcision party in Marikina City

The Guinness World Book of Records has rejected the bid of a Philippine city to set a new world record for the most number of boys participating in a so-called "Tule (Circumcision) Party." Guinness said it cannot accept Marikina City's bid due to hygiene concerns.

Police arrests ‘Batman’

The police in Michigan has arrested a man hanging off the ledge of a 30ft building while dressed as 'Batman."

Attack in Guatemala farm kills 27

Authorities in Guatemala said that 27 people were killed with their heads decapitated on a northern farm on the Mexican border. Police believe the killings were drug related as drug gangs operate in the area.

Population strategy evicts housing policy

The Federal Government’s population strategy released today reveals housing policy has become the latest Government evictee, according to the Residential Development Council.

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