POLITICS & POLICY

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More Australians Now Favour Carbon Tax

In another hit on the embattled Abbott government, the latest survey by the Climate Institute found that only 30 per cent of Australians now are against the carbon law of the Gillard administration. That is a big decline from the 52 per cent in 2012, The Sydney Morning Herald reports.
The Spanish Royal Family

Crown Prince Sworn In As King Felipe VI of Spain

Thursday marked the end of an era and the beginning of a new chapter in Spanish history. Not only did their wildly successful National Football Team return home after unceremoniously exiting the 2014 FIFA World Cup in the first round, the country also saw the exit of King Juan Carlos, the monarch who has led the country for several years. King Juan Carlos made his abdication official and his son, the Crown Prince Felipe has been sworn in as King Felipe VI and was welcomed to his seat by cheers a...

New Zealand Rejects Undersea Ore Mining Due to 'Uncertain' Effects to Environment

The New Zealand government has rejected a proposal for underwater mining for iron ore deposits said to be threatening the sanctuary of the rare and endangered Maui dolphins. According to the country's Environmental Protection Authority, the project was scrapped due to the "uncertainty" about the environmental effects off the coast of New Zealand.
U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.

Australian Dollar Outlook - 19 June 2014

Bell FX Currency Outlook: The Australian Dollar is considerably stronger after the US Federal Reserve surprised when it revised economic growth forecasts downwards overnight.
A worker unloads a sack of rice at the central rice market in Jakarta

El Niño Lagging Behind, Could Come in September – Australia

From an initial July impact forecast, the Australia's Bureau of Meteorology announced the El Niño weather phenomenon seemed to lag behind and might probably develop by September, even as it saw a deceleration in Pacific Ocean warming associated with the weather pattern.

Australian Dollar Outlook - 18 June 2014

Bell FX Currency Outlook: The Australian Dollar traded to a fresh one-week low, following dovish comments by the Reserve Bank of Australia yesterday and offshore moves into the USD overnight.

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