Australia, Malaysia tackle people smuggling
Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Australian Prime Minister Julia Gillard have agreed to enter into a new bilateral arrangement as part of the Regional Cooperation Framework agreed to at the recent Bali Process Ministerial Conference in Bali on 30 March 2011.
Engineers’ strike to disrupt Qantas flights on Friday
A planned one-hour strike by more than 1,000 engineers is expected to delay Qantas Airways’ flights Friday at airports across Australia.
Employment ads on the rise
Australia’s total number of jobs advertised in major metropolitan newspapers and on the internet rose by 1.0 per cent in April to an average of 197,637 advertisements per week, according to the ANZ Job Advertisements Series released today. This follows a 1.3 per cent increase in March.
No more need for password reset: LastPass
LastPass has withdrawn its command for all its users to reset their master passwords due to a possible database breach.
Low income earners to receive boost in pay packets
More timely tax assistance will be offered to 6.5 million Australian taxpayers on lower incomes to help encourage work and provide some modest help with cost of living pressures.
Govt offers $5000 car write-off for small businesses
Recognising many small business operators are doing it tough in a patchwork economy, the Australian government is providing small businesses with an instant tax write-off of the first $5,000 of any motor vehicle purchased from 2012-13.
Apple takes over Google as this year's most valuable brand in the world
With its value amounting to $153 billion, Apple is now the world’s valuable brand. Leaving behind Google - the leading Internet search engine - to second spot, Apple now costs double of its capitalization, says the yearly BrandZ study of the world’s top 100 brands.
Google Shopping launches in Australia
Internet giant Google has launched its Google Shopping product search engine in Australia.
Australian lenders back bank inquiry findings
The Australian Bankers’ Association (ABA) welcomed the finding in the report that competition is the best means of protecting consumers’ interests, in preference to further layers of regulation.
Senate recommendation to result in lower home rates
ING DIRECT, Australia’s fifth largest retail bank, today welcomed the Senate Economic Committee recommendations on bank competition.
Sydney’s “holy man” convicted to be behind bars for rape of two women
Tony Golossian, the famed “holy man” in Sydney has been condemned a minimum of 15 years and a maximum of 20 years in jail.
Bank inquiry to rethink mortgage exit fee ban
A review of the present ban on mortgage exit fees and setting a standard fee for wholesale funding guarantee for banks are included in the series of modifications caused by the Senate inquiry into competition in the Australian banking.
LastPass alarms users against possible password breach
After detecting a “traffic anomaly” on one of its database servers, LastPass which is an online password management provider, required all their users to change their master passwords.
Telstra to offer Motorola Xoom on May 24
Telstra (ASX: TLS) will be the first telco in Australia to offer the Motorola Xoom tablet, the first device worldwide to run the designed-for-tablets Android 3.0 OS. Motorola and Telstra have announced today the Motorola XOOM will be available on Telstra from 24 May for $840 RRP.
Rudd’s revelation may have compromised bin Laden’s operation
Kevin Rudd’s disclosure of Bali bomber Umar Patek’s capture could have compromised the U.S. operation to kill Osama Bin Laden, Pakistan says.
Budget airline Jetstar flown by part-time trainees
Trainee pilots with as little as 200 hours of experience are flying Qantas Airways’ (ASX: QAN) budget airline Jetstar, according to the pilots' association.
Westpac restores ATM, EFTPOS after IT glitch
Westpac (ASX: WBC) has now restored ATM and EFTPOS facilities following an earlier outage triggered by an air-conditioning fault at a data centre.
Male relative of Lin family accused of the high-profile murder
A male relative of the Lin family has been arrested at a home in North Epping and taken to the custody of Parramatta police station.
Australian retail unexpectedly drops, dollar follows
Australian retail sales slumped 0.5 per cent to a seasonally adjusted $20.46 billion in March from $20.55bn in February and rose from $20bn a year earlier, according to official national figures released today. Economists expected a 0.5 per cent rise in sales for March.
Australian groceries more expensive compared to foreign goods
Australians are believed to be paying much higher costs for supermarket goods in comparison to other countries. This suggestion circulated as a result of an international survey conducted by 7News.
Australians 'to drop' private health cover
A recent survey shows that more than 1.6 million Australians are pushed to drop private hospital cover with the proposed changes to the health insurance.
Bin Laden apologizes to his children in his last will
Osama bin Laden apologized to all his children for not being a good father to them in a will he wrote three months after the September 11 attack. He even warned his offspring not to join the Al-Qaeda group.
Australia demand for discount home loans at a high
New home loan borrowers are lapping up at an increasing rate the range of ongoing discount products on offer, according to Australia’s largest independently owned mortgage broker.
Australia can afford a decent wage rise for the lowest paid: union
Despite scare-mongering from big business, Australia’s strong economic figures confirm a $28 a week pay rise for Australia’s lowest paid workers is modest and affordable, claims the Australian Council of Trade Unions (ACTU).
Nearly half of Australian SMEs without a website
Even in today’s digital era, a whopping 40 per cent of small businesses in Australia don’t have a website. New research released today by Sensis has found many SMEs are at risk of falling behind their larger competitors when it comes to digital marketing.
Homemade bomb sets a detention on fire in Sydney
A homemade bomb was uncovered in a computer room that had been set to explode at Villawood Dentention Center in Sydney on Saturday.
Govt must retain deposit guarantee if serious about competition in banking: Mutuals
Nearly 200 senior representatives of credit unions and building societies – mutual banking institutions are calling on the Gillard Government to reaffirm its commitment to banking competition by announcing the retention of the $1 million cap for the retail deposit guarantee.
Prime Minister Gilliard’s carbon tax gains more opposition than support
The Newspoll published in The Australian newspaper revealed 60 per cent of the voters are opposed to the prime minister’s plan to put a cost on carbon next year as opposition leader Tony Abott perseveres to campaign against the tax.
Dalai Lama to address Brisbane corporate sector, agrees with US killing of Bin Laden
The 14th Dalai Lama, one of the world’s most revered spiritual leaders, will provide words of wisdom to current and future Queensland business leaders when he visits Brisbane for a lunch forum in June.
Sony hires outside companies to clear out the breach
Aimed to pin down the people behind the massive breach which exposed personal information of more than 100 million online gamers, Sony hired outside investigators to clean its networks.