Abbott: Australia Needs to Ensure Economic Stability to Avert Euro-Like Crisis
With the European debt crisis looming over the world economy, Australia must ensure that it will not replicate the financial missteps many countries in Europe have committed, says Opposition Leader Tony Abbott.
ABS: City Dwellers and Married Aussies Live Longer
Urban living and marriage could conspire in improving the quantity and quality of life among new generation of Australians, according to the latest analytic report issued on Friday by the Australian Bureau of Statistics (ABS).
Landmark Tobacco Plain Packaging Laws Near Realization
Barring any possible glitches, cigarettes marketed in Australia will hit the shelves in December 2012 bearing nothing but a plain olive brown packaging and a bold health advisory meant to dissuade smokers from lighting their next stick.
Apple, Google Emerge as New Gaming Market Leaders
Apple and Google continue to ramp up their assault on the mobile gaming sector as the two giant tech firms again registered growth that analysts said could soon obliterate the dominance of previous market leaders that date back in the early 1990s.
Boeing Remains Upbeat despite Gloomy U.S. Outlook, Looks to Alternative Markets
Steep budget cuts approved and set to be implemented by the U.S. government over the next 10 years have rattled global firms currently engaged in contracts with the world’s wealthiest nation.
Greens Meet Stringent Opposition on 100% Renewable Energy Proposal
Riding on the crest of its success with the recently passed carbon pricing scheme, the Australian Green Party stepped up Wednesday its campaign of seeing through the country to be wholly functional using renewable sources of energy.
News Ltd Executive Shake-Up Kicks Up Rupert Murdoch to Company Chairmanship
Still reeling from the phone hacking scandal that shook his global news empire this year, Rupert Murdoch found himself sobbing for long-time Australian News Ltd CEO John Hartigan, who announced his departure earlier this week.
Google Reports Huge Leap in Australian Online Shopping Activities
Australian consumers appear to continue their migration to online shopping but most players in the retail industry seem to continue miss the significant surge because they have yet to implement the necessary adjustments on their websites.
Fabled Ned Kelly Set to Get His Final Resting Place
The law regarded him as a blight to the society but many who had allegedly rubbed elbows with Ned Kelly attested to his hero status among the masses, who reportedly adored Kelly for standing up against abuses and corruption.
RBA Predicts Rosy Prospect for Aussie Farming Sector
Rising global food prices could mean two things for the Australian farmer – higher production cost and a significant boost on possible incomes, which according to Reserve Bank of Australia (RBA) assistant governor Philip Lowe should spur growth in the agricultural sector over the near term.
Despite Court Ban, Samsung’s Galaxy Tab 10.1 Still Sells in Australia
Samsung’s Galaxy Tab 10.1 may be far from becoming the much-awaited ‘iPad killer’, as many tech experts would assert, but Apple left nothing to chances when the tech titan recently successfully blocked the device’s commercial release in a number of countries, including Australia.
Lockheed Martin’s F-22s Resume Training Missions Amidst Mid-flight Glitches
U.S. authorities gave green light this week for the $143-million F-22 Raptors to resume flight training missions despite ongoing investigation on the combat plane’s alleged mid-flight glitches that leave its pilots gasping for air during flights.
Holden All Set to Roll-Out New Cruze Hatchback in November
Australia’s bestselling sedan, the Holden Commodore, will soon meet its fiercest competitor yet by November though the local carmaker surprisingly remains unperturbed by the prospect.
Nokia Set to Unleash Windows Handset This Week
Millions of mobile phone owners pampered for years by numerous Nokia model handsets could soon expect the release of new smartphones from the Finnish firm powered by Microsoft’s mobile platform, reports said.
Study: Skin-Shedding Prompts Orca Migration from the Antarctic
In the case of killer whales, these gigantic ocean mammals, according to a new study, swims away from the freezing waters of the Antarctic to purposely shed its old skin and take on a new and shiny one.
Man Jailed for Torturing ‘Facebook-Cheating’ Girlfriend
A Swansea Crown Court judge sentence a man to a 16-month jail term for torturing his teenage girlfriend, who he allegedly accused of flirting and cheating via the popular social media site Facebook.
ASIC Urges Aussies to Check Unclaimed Funds Totalling $636M
Many Australians may be unaware that significant amount of their money are sitting idly and waiting to be claimed, according to the Australian Securities and Investments Commission (ASIC), which added that majority of these funds are either forgotten bank accounts or other financial assets.
PM Gillard Backs Revision of British Royal Succession
Heirs to the British crown should be given equal opportunity to ascend to the throne regardless of their gender and religious belief, according to Prime Minister Julia Gillard, who also threw her support behind a spirited campaign to revise outdated royal succession rules.
Virgin Australia Wins Approval of Code-Sharing Deal with Singapore Airlines
Virgin Australia added another strategic partner on its ongoing quest to put up a global alliance that would allow the company active participation on key aviation markets around the world.
BHP Downplays Softening Market Condition, Reveals Growth Plans
BHP Billiton remains upbeat on its outlook despite recent indications of retreating demands for its commodity offerings, specifically the global miner’s iron ore shipments to its number one customer – China.
NAB: Mining Boom Fails to Sustain Business Confidence & Conditions
Notwithstanding the mining boom trumpeted by the federal government, Australia’s business environment flashed plummeting figures in the September quarter, basing on the latest survey released on Thursday by the National Australia Bank (NAB).
Australian Woman Files $1.1-M Sexual Harassment Case Against IBM
Computer giant International Business Machine (IBM) is facing a $1.1 million sexual harassment suit filed before the Australian Federal Court by a former female employee, who claimed that she was humiliated, bullied and harassed by a male superior for two years.
PM Gillard to Remain Hands Off on Qantas Labor Row
Acknowledging that federal intervention may do more harm instead of resolving the issue at hand, Prime Minister Julia Gillard reiterated her calls on concerned parties to resume dialogues and find reasonable ways of ending the ongoing Qantas Airways labor squabble.
World Bank Report Ranks Australia’s Business Environ Tad Lower in 2011
Conducting business in Australia remains a rosy prospect for would-be investors but a joint report by the World Bank and the International Finance Corporation had indicated a slight drop on the country’s performance and ranking as one of the best place to do business with.
Report: iPhone 4S Processor Supplied by Samsung
Contrary to swirling speculations, Apple brushed aside its on ongoing legal tiff with Samsung Electronics and employed the South Korean firm’s technology in powering the new iPhone 4S.
RBA Points to Euro Banking Crisis, Insists on Aussie Banks’ Immunity
Amidst the stress weighing down on the present global financial situation, specifically in Europe, Australian banks are robust enough to ride out any new fiscal storms, according to the Reserve Bank of Australia (RBA).
Telstra Investors Give Nod to $11-B Deal with NBN Co
The National Broadband Network (NBN) deal between the NBN Co. and the federal government is a go as far as Telstra Corporation shareholders are concerned as they gave their collective approval on Tuesday for the $11 billion contract.
BHP Billiton Reports Mixed Output Results for Iron Ore, Copper amidst Softening Market Demands
Defying the softening market demand for iron ore, BHP Billiton announced on Wednesday a 24 percent hike on its iron ore output while admitting at the same time that the company’s copper production has retreated significantly in the face of a protracted labor problem.
ANZ Report Points to Share Market as Wave of the Future
Over the next 10 years, Australians would do well investing on the share market, which according to new report released on Wednesday by Australia-New Zealand Banking Group (ANZ) will be the sure bet of the future.
PM Gillard Blames Coalition for Australia’s Immigration Snags
Prime Minister Julia Gillard has admitted that her government’s people-swap arrangement with Malaysia is technically shelved by growing opposition from the Parliament, blaming the Liberals for the immigration debacle.