Erik Pineda

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Former Virgin Boss Gets Tiger Airways Top Post

Singapore-based Tiger Airways is quickly picking up from the close to six-week ban on its Australian operations as it tapped former Virgin Blue CEO Andrew David to run the airline following the scheduled departure of chief executive Tony Davis on Nov. 1.

Aussie Samantha Stosur Caps Historic Win at 2011 U.S. Open

Samantha Stosur wrote sports history when on Sunday, she displayed composure in a tense final match with American Serena Williams to pull off a stunning 6-2 6-3 upset at the 2011 U.S. Open, which ended Australia’s decade-long title drought in any Grand Slam event.

NASA Reveals ‘Earth-Return’ of a Dead Satellite

There will be one less space junk hovering above Earth come late September or early October, this according to U.S. space agency National Aeronautics and Space Administration (NASA) as it revealed on Thursday the impending return of a research satellite that lost its steam in 2005.

Norton: Cybercrime Has Become a $4.6B Industry in Australia

As humans assimilate gadgets into their daily lives, threats of online crimes further increases, this according to internet security specialist Symantec, and latest estimates indicate that incidence of cybercrimes have reached a staggering cost of $4.6 billion in 2010 alone.

Takeover Panel Affirms Foster’s Financial Results

There is no solid ground to launch a deeper look on Foster’s Group’s financial report, according to a decision handed down on Thursday by the Takeover Panel, which rebuffed a plea by global beverage firm SABMiller to probe the Australian brewer’s financial standing.

Australia Recovers, Posts GDP Gains in June Quarter

Australia had a barrelling finish on the second quarter, thanks much on soaring economic activities fuelled by the mining sector, according to the latest report issued by the Australian Bureau of Statistics (ABS) on Wednesday.

RBA's Stevens: Mining Boom Will Not Ease Down Difficulties Ahead

More good news will be generated by the resources industry but these could be drowned out by continuing pressures seen outside of Australia and the country’s strong dollar is not helping the domestic situation at all, these according to Reserve Bank of Australia (RBA) governor Glenn Stevens.

Two in a Row for Aussie Socceroos at World Cup Qualifier

Australia triumphantly continues its campaign for a slot on the 2014 World Cup as the Socceroos trumped Saudi Arabia 3-1 on Tuesday to chalk up its second consecutive win in the ongoing Asian qualifying leg of the tournament.

NBN Co. Reveals Partial Construction Schedules for NBN Roll Out

Construction of the telecommunication infrastructures required in the full roll out of the National Broadband Network (NBN) is now in full swing, with NBN Co. announcing on Tuesday that initial works are set to commence on Geraldton, Western Australia on October

Don Argus Claims Labour Party’s Failings in Managing the Economy

The federal government wanted it the easy way but Australians in general will have to pay the painful price for such monumental blunder, this according to banking stalwart Don Argus, who also warned on Monday that retreating local production, would in the long run hurt the economy.

Attorney-General: Australia Has No Plans to Go After Assange

There is no immediate possibility that WikiLeaks founder Julian Assange will face prosecution in Australia despite his site’s recent leaks of U.S. diplomatic cables that compromised sensitive information about the country’s intelligence activities.

PM Gillard’s Plunging Poll Numbers Stir Labour Party Leadership

Economic contractions in recent months, controversial tax proposals and a rebuff from the Australian High Court on her government’s immigration policy proved damaging on the popularity of Prime Minister Julia Gillard, whose support from the public steadily dwindled according to a latest newspaper poll.

PM Gillard, Abbott to Collaborate on Migration Issues

Opposition Leader Tony Abbott is confident that the country’s Migration Act would be far more effective through introduction of amendments that would legally allow the processing of asylum seekers by use of a well-defined partnership from a foreign country.

Low Job Ads Signal Soaring Unemployment in Months Ahead

Ahead of the official employment data release this week, it appears that the Australian economy may be in for rough sailing in the months and quarters ahead as a new survey indicated that job openings have declined during the past two months.

Australian CEOs Collect Double Pay Perks

The roller-coaster movement of share market values over the past 10 years were generally unpredictable for investors but such is not the case for most of Australia’s chief executives, who according to a new report were largely shielded by solid pays and bonuses notwithstanding the overall economic condition.

Shark Attack Kills Young Man in Bunker Bay

Surfers at the Bunker Bay in Western Australia had the shock of their lives when a bronze whaler fin mingled with them and attack a bodyboarder on Sunday, instantly killing the victim described only by police as a 21-year-old man from Sydney.

SABMiller Puts Doubt on Foster’s Financial Results

Giant global beverage company SABMiller scored Foster’s Group on Friday as it claimed that the Australian brewer utilised questionable information on its latest financial figures to likely thwart the takeover proposal lodged by the UK-based firm.

Telstra CEO Believes ACCC Will Eventually Favour its SSU

Telstra Corporation is far from being alarmed over the assessment issued this week by the country’s consumer watchdog, stating that the present form of its structural separation undertaking (SSU) leaves more room for improvements.

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