Erik Pineda

Prime Minister Julia Gillard will not support any moves to legalise illicit drug trade despite the strong support thrown behind the idea by one of her key cabinet ministers.

Apparently taking too much heat from the scandals hounding his family's media empire, James Murdoch announced on Tuesday his resignation as chairman of British Sky Broadcasting (BSkyB).

The Liberal National leadership is supportive of the plans revealed earlier by Senator Barnaby Joyce to switch into the House of Representative, purportedly in preparation for the election of a Coalition government next year.

The Australian retail sector registered flat movements in February, paving the way for miniscule growth that analysts said were reflective of market's expectations but not as ominous as the figures showed.

There was no pressing need to revisit the provisions of the carbon tax, which takes effect July this year, according to Prime Minister Julia Gillard amidst suggestions within the Australian Labor Party that the tax could spell disaster for the Labor-led government.

Jetstar officials insisted on Tuesday that it violated no Australian laws in contracting pilots that were meant in the first place to be deployed outside of Australia.

Grocery wholesaler Metcash Ltd has revealed fresh consolidation moves that it said would prepare the company for the future but would unfortunately lead to hundreds of job losses.

It is high time for the Australian government to reconfigure its strategy in neutralising the illegal drugs trade, a new report said, which also highlighted the seeming successes that organised crime groups have achieved against legal efforts to stem their operations.

There'll be no more unpaid overtime work on Foxconn facilities in China in the coming months, according to Fair Labor Association (FLA), which has been commissioned by Apple to conduct audits on its partner Chinese assemblers.

Going ahead with the carbon tax July this year could leave the Australian economy in ruins, according to outgoing Future Fund chair David Murray.

Australia will meet its promised budget surplus by reducing spending and cancelling tax measures, according to Opposition Leader Tony Abbott.

Australia's decision to exclude China's Huawei Technologies from its $36-billion national broadband roll out will stay, according to Prime Minister Julia Gillard amidst the appeals made by the Chinese.

A big number of Australians currently live with health risk factors, diabetes and heart ailments among them, no thanks to lower socio-economic status and wayward lifestyles, a new report said.

Five million units of Samsung Galaxy Note have been shipped since its October debut in 2011, South Korea's Samsung said on Wednesday, marking a significant milestone for a device that the tech world greeted with mixed reactions.

Fresh accusations of wrongdoings further deepened the existing woes of global media firm News Corporation, which has yet to put behind the hacking scandals that led to the closure of its major daily in the United Kingdom.

China assailed Australia's decision this week of banning a major Chinese firm from participating into the $36-billion roll out of the national broadband network (NBN), labelling the move as discriminatory and unfair trade practices.

Apple has insisted Wednesday that its marketing ploy for the new iPad led not Australian buyers into believing that the tablet computer will be able to connect on Telstra's 4G network.

Miners at Bowen Basin, jointly-operated by BHP Billiton and Japanese firm Mitsubishi, have walked off from their work details Tuesday night following the collapse of negotiations that union leaders said was caused by management's behaviours.

Covert operations reportedly sanctioned by ranking officials of global media firm News Corporation were responsible in undermining the operations of the company's competitors in Australia, according to the investigative works of The Australian Financial Review (AFR).

The Australian government has confirmed reports that the United States eyes a territory of the country for its spy plane operations but clarified that the plan will not be implemented soon enough.

Fresh from his landslide win, new Queensland Premier Campbell Newman has indicated his firm commitment to steer the Sunshine state away from the red column by first divesting its interests on QR National Ltd.

Julian Assange has described his planned Senate run as a corrective measure that would deal with the 'flawed political environment' in Australia.

With the prospect of the Coalition heading the national government by 2013 growing by the day, Shadow Treasurer Joe Hockey appears ready to take on the job presently dispensed by Federal Treasurer Wayne Swan.

Federal authorities have decided to prevent Huawei Technologies of China from playing any active role in the $38 billion roll out of the national broadband network, citing internet security issues.

The Queensland vote over the weekend pointed to a likely Labor humiliation come the national elections next year and today that spectre was further supported by the latest Newspoll survey, which showed Prime Minister Julia Gillard succumbing to defeat from the gathering Coalition storm.

Apple's incredible success has produced side industries that convinced enterprising individuals to take a slice on the billons that the American tech giant has been raking since its renaissance in mid-2000.

Astronauts manning the International Space Station were hurried into an escape space ship over the weekend as cautionary measure against oncoming space junks, reports said.

The rousing rejection suffered by the Australian Labor Party in Queensland on Saturday would necessarily lead to a federal government being bannered by the Coalition come next year's national elections.

Commodities-focused firms have reasons to worry as analysts were in agreement that China is headed this year to a soft landing, early on announcing to limit its growth by no more than 8.5 percent as expressed when the National People's Congress reconvened this month.