The Federal, New South Wales and former Victorian Government’s have been funnelling taxpayer funds into organisations which have actively sought increases in the price of electricity, petrol, water and gas, reveals a report released today by the Institute of Public Affairs (IPA).
Japan cut the outlook for its economy on Wednesday for the first time in six months, saying last month's devastating quake and tsunami would hurt growth, with no sign yet when the nuclear crisis they triggered might be brought under control.
Australia’s access to dependable gasoline source is in threat as its oil refining capacity continues to decline.
Czech media chided President Vaclav Klaus on Tuesday after a viral Internet video showed him discreetly pocketing a ceremonial pen during a visit to Chile in what viewers are calling a theft.
The chairman of the U.S. Nuclear Regulatory Commission told a Senate committee hearing on Tuesday that Japan's damaged nuclear reactors at the Fukushima Daiichi power plant is "static" but remains "unstable" with just an improvised cooling system.
NATO forces led by France and Britain have pledge more air strikes to put more pressure against beleaguered Libyan President Moammar Gadhafi as it called on rebel leaders to press harder to take advantage of the air power support.
The Philippine High Court on Wednesday has affirmed a 2007 ruling of an anti-graft court that the 20 percent share of the country's largest and most profitable conglomerate San Miguel Corp., belongs to Eduardo Cojuangco, an uncle of President Benigno Aquino and a key ally of the late dictator Ferdinand Marcos.
The International Monetary Fund is still optimistic the Australia's economic growth will be sustained by mining and other private investments pouring into the country.
Independent lawmaker Andrew Wilkie says he has received death threats as debate intensified about his proposal on imposing betting limits in slot machines.
Climate Change Minister Greg Combet has assured voters they will pay less to cut carbon discharges under Labor than the Coalition as he suggested that carbon tax compensation will be paid through the tax transfer system.
Queensland’s retail property sector will remain stalled following Premier Bligh’s announcement of a new infrastructure charges regime that will do little to unlock major development projects.
International talks on climate change in Bangkok ended Friday with negotiators from 192 countries making little headway toward a post-2012 commitments to fight global warming.
Assumption about BHP Billiton Ltd’s move on Woodside Petroleum Ltd after Royal Dutch Shell sold last year part of its share in the company, was proven by West Australian leader Colin Barnett.
Australia is closely watched by other countries in the Asia-Pacific as to how it will implement a very tough anti-smoking law that seeks to discourage the habit and promote a more healthy lifestyle.
After becoming the nation’s first $1 million public servant, Reserve Bank governor Glenn Stevens is now drawing lawful apprehensions from the public on why he is being paid so much more.
ASX Ltd (ASX) and Singapore Exchange (SGX) have agreed to mutually terminate the merger implementation agreement entered into on 25 October 2010.
Mining experts are convinced that the global supply deficit could further push copper prices higher until the year 2013 to the benefit of mining companies world-wide, mining experts attending the CRU World Copper conference in Sanitago, Chile said today.
The Property Council of Australia (PCA) has expressed great concern following today’s release of the new Queensland Coastal Plan by Minister for Environment and Resource Management Kate Jones.
Health Minister Nicola Roxon revealed today Coalition rejected to endorse plain cigarette packaging.
Engineers and workers at the damage wrecked Fukushima Dai-Ichi nuclear plant are pumping nitrogen into a reactor to prevent possible explosion, which could be the worst nuclear disaster in 25 years.
The Guinness World Records congratulates marathoner, American Gladys Burril for her recent record recognition as the 'Oldest Female to Complete a Marathon' aged 92 years, 19 days.
Australian Industry Group Chief Executive Heather Ridout said on Thursday that the proposed reduction in the company tax rate is an integral part of the mining tax package and should not be used as a bargaining chip by the Greens.
Australian industry lobby group Australian Industry Group (Ai Group) has filed an appeal with Fair Work Australia to overturn a decision which is creating uncertainty and risk for employers who have reached agreement with their employees over the terms of an enterprise agreement, Ai Group Chief Executive Heather Ridout said today.
The Australian Industry Group, an umbrella organisation of Australian industries, on Thursday called to Fair Work Australia (FWA) to voice its opposition to the approval of six further enterprise agreements which replicate the terms of an Electrical Trades Union (ETU) pattern agreement for the electrical contracting industry in Victoria.
Researchers at the University of Adelaide and James Cook University have developed a new index to help conservationists better understand how close species are to extinction. The index is called SAFE (Species Ability to Forestall Extinction).
A study of 14 years of Australian programs to tackle climate change shows that only a carbon market can reduce emissions quickly and deeply enough for Australia to meet its 2020 emissions target,’’ according to an Australian public policy think tank.
The Asian Development Bank (ADB) and Australia, with support from Canada, are helping the Philippines clear obstacles to public-private partnerships (PPP), paving the way for increased private investment in infrastructure.
Insurance workers support changes to policies that will standardise the flood cover assisting consumers to better understand what they are covered for, according to the Finance Sector Union.
Prime Minister Julia Gilliard rebuked the gutless behavior of insurance companies for not attending a meeting with the victims of the Queensland flood victims in Ipswich yesterday.
The Reserve Bank of Australia has kept its benchmark interest rates at the highest level of 4.75 percent as typhoon floods continue to hamper coal mining in the Northeast and the competitive currency eases inflation fears.