POLITICS & POLICY

More Aussies wait in Egypt for delayed Qantas plane

Australians waiting to be evacuated from tension-filled Egypt may have to wait for awhile in escaping from the unrests gripping the North African nation as the second chartered Qantas plane dispatched by the government to fetch them got stuck in Germany.
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Swan unlikely to reappoint McKibbin to RBA board

A third term for Reserve Bank of Australia (RBA) board member Professor Warwick McKibbin is unlikely when his tenure wraps up this year, according to Federal Treasurer Wayne Swan, who added that McKibbin has had a long stay on the board.

Wikileaks exposes vanity and bizarre world of Libyan leader Gaddafi

Wikileaks have exposed the vanities and the bizarre world of Libyan leader, Col. Muammar Gaddafi in the documents that have now reached the world wide web. Written by British diplomats, the said documents were released by Wikileaks to The Daily Telegraph, which also highlighted the unusual ways Britain has been undertaking to strengthen its relationship with Libya.

Iran could have nuclear weapon by 2012: Britain

Western powers should work on the assumption that Iran could have a nuclear weapon by next year and an Israeli intelligence assessment of 2015 could be over-optimistic, British Defense Secretary Liam Fox said on Monday.

Commonwealth Bank Group allocates $57 million for flood affected customers

The Premier of Queensland, Ms Anna Bligh and the Commonwealth Bank Group's Chief Executive Officer have announced a comprehensive flood assistance initiatives totalling over $57 million to help the Group's customers and communities affected by the recent floods that have occurred in Queensland, Victoria and other affected States.

Sydney’s business district grows fresh crops

Sydney Lord Mayor Clover Moore on Monday announced that the city's central business district (CBD) is starting to produce fresh crops as vegetable patches throughout the CBD has transformed the city as part of the 'Live Green' summer planting program.

Federal Budget must focus on disaster management, infrastructure, says ALGA

The rebuilding of infrastructure in flood-ravaged areas should not overshadow the need for ongoing funding in the Federal Budget for local roads, active transport, and community infrastructure to address Australia’s growing infrastructure backlog, according to the Australian Local Government Association (ALGA).

Gillard: Delaying NBN roll out is unwise

Even a tightening budget due to upcoming flood rehabilitation programs on areas ravaged by the disaster would not convince the federal government to at least delay its $37 billion national broadband network project.

Costello: Flood levy unnecessary, funds for recovery enough

Former federal treasurer Peter Costello believes that the government has enough revenue bases and in-place taxes to fund its rehabilitation program for areas heavily damaged by the recent flooding, that imposing a flood levy may prove to be an overkill.

Australian accents to be preserved for posterity

A group of Australians on Wednesday called for the preservation of Australian English accents to safeguard the nation's identity despite the influx of electronic media and cultural icons from overseas. However, just as society changes, so too does accent as it constantly evolves to meet the changing needs of its users.

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