Study: Carbon Pricing Gains Slight Traction among Aussie Business Leaders
Unlike the Coalition, Australian business operators firmly believe that the country's carbon pricing will remain in place despite vows by Opposition Leader Tony Abbott that he will repeal the tax if he wins government power in 2013.
Report: Clive Palmer Quarrels with Tony Abbott over Liberal Party Policies
Mining magnate Clive Palmer reportedly clashed with Opposition Leader Tony Abbott last week over policy differences within the Liberal Party, reports said.
Australia Senate Report Pushes for Approval of Gay Marriages
The Australian Senate recommended on late Monday amendments to the country's Marriage Act that will pave the way for the legalisation of gay marriages, which both the Government and the Coalition have been opposing vehemently.
British Hackers Owns Up Attacks on CIA, Pentagon, Global Firms
The young English hackers who breached the security protocol of high-profile websites last year admitted guilt on Monday before a British court but denied that they were part of another pack which obtained personal information then made them public.
Tony Abbott: No Compelling Reason to Discuss Boat People Affair with PM Gillard
Liberal senior member Ian Macfarlane is a firm believer of Opposition Leader Tony Abbott, who has come under fire this week for apparently playing deaf and blind over the plight of boat people seeking refuge in Australia.
Samsung Goal: Sell 200M Smartphones by Year-End, 10M Galaxy S3s by July's End
Rave reviews in Asia and Europe will power Samsung's Galaxy S3 to about 10 million units by the end of July, according to Samsung Mobile Division Chief Shin Jong-kyun on Monday.
Treasurer Swan: Free Fruit, Water Will Continue to Welcome School Kids' Tour on Parliament
Federal Treasurer Wayne Swan denied on Monday that free bottled waters and fruits will be withheld soon from school children visiting the Parliament as part of his office's cost-cutting measures in running the federal institution.
UBS Report: MRRT Revenues Seen to Fall Short More than 50%
Receding profits by mining giants would lead to lower revenues for the controversial mining tax, which takes effect July 1 and has been projected by Federal Treasurer Wayne Swan to rake in for the federal government more than $13 billion over the next four years.
Canberra Reveals Fresh Sanctions against Syria, Calls on Moscow to Spearhead Removal of Syrian President
Australia has stepped up its efforts to pressure the Syrian government into initiating an end on the 15-month conflict that has been ravaging the Middle Eastern nation, which international observers said already killed thousands of innocent civilians.
Julian Assange Hangs in Limbo despite Asylum Request
Julian Assange has been holed up in Ecuador's London embassy for close to three days and there is no telling him what awaits him in case his high-profile application for asylum was rejected by the country he cherry-picked because it apparently opposes bullying from the United States.
Treasurer Swan: Govt Will Push Ahead with MRRT amidst Fortescue Challenge
Federal Treasurer Wayne Swan was hardly surprised that Fortescue Metals Group (FMG) launched a legal challenge on Friday that questions the constitutionality of the Gillard Government-initiated minerals resource rent tax (MRRT) set to take effect in July.
Google Assures Motorola Mobility Will Run its Own Course
Motorola Mobility will keep operating autonomously, Google said on Thursday, but the Internet giant admitted too that the mobile phone pioneer will need to tread closely unto Google's corporate vision following its formal acquisition by the tech titan last month.
China's Huawei Unveils Planned Ad Blitz, New Windows 8 Phone Product Lines
Chinese tech giant Huawei Technologies announced on Thursday plans to ramp up its smartphone production for the current year, indicating that up to 60 million Huawei smartphones will be shipped to destinations around the world by the end of 2012.
PM Gillard Bats for Adoption of New Policies to Promote Greener Environment, Eliminate Global Poverty
A global economy that supports healthier environment will be the wave of the future, Prime Minister Julia Gillard said on Friday, which in turn would eradicate poverty and generate more employment opportunities at the same time.
Qantas Seeks Canberra’s Aid to Survive from Business Woes
The Australian government needs to level the playing field of the domestic aviation industry that would allow Qantas Airways to legally accept foreign investments and survive what the national carrier calls as serious threats to its existence.
IT Firms Top 2012 List of Australia's Ideal Workplace
What makes an ideal workplace environment? As far as the findings issued this week by Business Review Weekly (BRW) are concerned, the general happiness and contentment of workers greatly depend on the culture being espoused by their employers.
China Demands Extradition of French Citizen from Cambodia
A diplomatic row between China and France appears to be brewing following the arrest last week in Cambodia of a French national, who Beijing said must be extradited to China so he can shed light of an ongoing criminal probe.
Microsoft Promises Seamless Platform Adaptability on New Windows 8 Phone
Microsoft said on Wednesday that upcoming Windows Phones, which will run on the soon-to-be launched Windows 8, will give seamless mobile computing experience to global consumers, effectively unifying market platforms that the software maker has spent billions in the past years to break into.
PM Gillard Firms Up Aussie Position in G-20 Summit, Catches Ire of EU leaders, IMF Chief
Prime Minister Julia Gillard indeed left a mark as the G20 summit on Los Cabos, Mexico ended Wednesday, at first earning the ire of European leaders for her unsolicited economic advises and then attracting a second-look from the fashionable Christine Lagarde as the gathering neared its conclusion.
U.S. Report Lauds Canberra on Fight Against Human Trafficking
A U.S. report on human trafficking heaped praises on the Australian government to stamp out people smuggling in the Asia-Pacific region, citing the nation as a definitive leading figure in eliminating what it called as modern-day slavery.
WikiLeaks’ Julian Assange Runs to Ecuadorian Embassy in UK for Protection
WikiLeaks founder Julian Assange sought refuge late Tuesday on Ecuador's embassy in London, barely a week after the UK High Court had allowed the procedures for his extradition to Sweden to begin.
Google CEO Eric Schmidt: 'We Have Yet to See the Net’s Full Force and Potential'
Former Google CEO Eric Schmidt is convinced that digital connection has yet to reach its full potential, declaring on Tuesday that "the World Wide Web has yet to live up to its name."
Flame Virus Update: U.S. Publication Points Authorship of PC Virus to American, Israeli Gov't Agencies
Flame was the brainchild of the United States and Israel, a report published by American publication The Washington Post said on Tuesday, claiming that intelligence and military officials from the two nations collaborated to create and dispatch the malware, with aims to undermine Iran's controversial nuclear program.
Clive Palmer Reaffirms Titanic II’s Inaugural Sail in 2016
Mining billionaire Clive Palmer is apparently dead-serious in resurrecting one of modern history's most iconic figures - the Titanic, disclosing on Tuesday that definite plans were underway for the passenger ship's maiden voyage in 2016.
BRICS Injects Huge Money to IMF’s Firewall Fund
The firewall purse being worked on by the International Monetary Fund (IMF) got a significant boost late Monday as the world's emerging markets pledged a total of $US95.5 billion to the emergency fund that the global lender said will be used to fend off threats of recession around the world.
RBA Shaves Off Cash Rate to Prompt for Growth, Protect the Domestic Economy
The 25 basis points cut handed down by the Reserve Bank of Australia (RBA) this month was meant to push for stimulus "that would be expected to flow through to the domestic economy over the coming months."
Will Samsung Veer Away from Android?
Upon formally assuming office Monday this week, new Samsung Chief Executive Kwon Oh-hyun immediately disclosed that he intends to pour a great deal of time and resources for the giant South Korean tech firm to further develop its software division.
Tony Abbott to PM Gillard: Ease Down on Your Economic Lectures
Opposition Leader Tony Abbott called on Prime Minister Julia Gillard to focus on Australia's domestic affairs instead of issuing unsolicited advices to G20 member nations, specifically to the struggling economies of the eurozone.
FM Bob Carr: Melinda Taylor's Freedom Lies on ICC Hands
The ball on the Melinda Taylor affair is now on the International Criminal Court's (ICC) hands as Foreign Minister Bob Carr said on Tuesday that an apology coming from the court could soon win the release of the detained Aussie lawyer and her ICC co-workers.
Treasurer Swan: Growth Target, Fiscal Discipline Work Well Even Amidst Turmoil
Federal Treasurer Wayne Swan said on Monday that growth targets and fiscal discipline can actually co-exist amidst the challenges being faced by key global economies, particularly in the eurozone which currently bears the weight of a heavy credit crisis.