POLITICS & POLICY

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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Flood disaster unmasks flaws in Australian insurance policies

Amidst calls by Prime Minister Julia Gillard that insurance companies should exercise extra leniency in dealing with flood-related damage claims, reinsurers appear ready to be more accommodating but the industry insisted that those who do not have flood coverage are beyond their capacity to help.

Manufacturing sector in Australia declines in 2010

Australia's manufacturing sector declined in December as the PwC Australian Performance Manufacturing Index (Australian PMI) fell 1.3 points to 46.3 to remain below the 50 point level separating expansion from contraction. According to the Australian Industry Group which releases the index, the local manufacturing sector underperformed in December and there were few signs activity would pick up in the near term.

Feds float possible lift on Medicare levy to fund its rehab efforts

Finding itself hard-up on scouring for resources to finance the gargantuan task of rehabilitating the regions devastated by the recent flooding is Australia, the federal government looks to a possible lift on Medicare levy surcharge so it could fund the massive cost of recovery efforts.

NSW warns against flood scams

The SES is asking people to be aware of people attempting to illegally scam money in relation to the Queensland and NSW floods.

Australia, Brazil brace for more rains, destruction

Abnormal amount of rains and flooding of "Bibilical proportion" triggered by the La Niña phenomenon continued to bring destruction and miseries in Australia and Brazil on Sunday, claiming the lives of thousands of people and tens of thousands more without homes.

Liquor license revamp begins

Authorities have begun revamping its liquor license regulations by cutting renewal fees for small businesses and community clubs starting this week.

ACT heavy taxes restrain business growth

The Australian Capital Territory imposes the second heaviest tax burden on business in Australia according to a new report Business Bearing the Burden 2010 released today by free market think tank the Institute of Public Affairs (IPA).

Swan downplays role of govt spending on RBA policy rates

Federal Treasurer Wayne Swan shot down suggestions coming from a board member of the Reserve Bank of Australia (RBA) that the country’s policy rates have spiralled upward because of the government’s propensity for too much expenditure.

SME development program now open for applications

The South Australian government’s Small and Medium Enterprise Investment Development Program (SMEIDP) is now open for applications as part of plans to help small and medium?sized companies improve competitiveness.

Gillard calls new NBN issue as dirty politics coming from Abbott

Prime Minister Julia Gillard scored the opposition for again fusing politics on the national broadband network project and this time around by dragging the names of two senior NBN Co executives to the alleged bribery scandals that occurred in Asia and Latin America.

Western Australia records country’s first GM contamination

Western Australia now earns the distinction as the country’s first site of genetically modified (GM) canola contamination, with a farm in the state’s Great Southern region receiving confirmation from WA authorities that its organic produces could be laced with contaminants.

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