More Australian Banks Slash Fixed Mortgage Rates as Demand Rises
More and more Australian banks are reducing rates on their fixed-rate loans as the expectations of a rate rise by the Reserve Bank of Australia weaken.
Australia's Population Now at 22.5M
Australia's population reached 22,546,300 people at the end of March 2011, growing by 312,400 people over the year.
Global Financial Transactions Tax: Not Appropriate For AU
A global tax on financial transactions is not appropriate for Australia because local banks did not fail during the global financial crisis (GFC), Australia’s banking sector said today.
Blaze at Shell Singapore Refinery Shows NSW’s 'Precarious' Petrol Supply
The blaze at Shell SIngapore Refinery, the company's largest plant worldwide, highlights how precarious Sydney supply really was should Shell proceed with its plans to discontinue Clyde as a refinery or disallow its use by third parties, the Construction, Forestry, Mining and Energy Union said on Thursday.
Telstra Cloud Ready For SAP Apps
SAP, one of the world’s largest enterprise software organisations, has accredited Telstra's cloud computing infrastructure ready for SAP cloud applications. Telstra is the first Australian provider to receive the certification.
Study Reveals Breast Cancer Impact on Sexual Wellbeing
A new study commissioned by Breast Cancer Network Australia (BCNA) has revealed the true impact of a breast cancer diagnosis on women’s sexual well-being.
New Zealand: Fifth in Global Reputation Survey
For the globe's leading nations, New Zealand has one of the top five reputations in the world, new research released this week has revealed.
Beware of Sophisticated Online Investment Scams: Crime Commission
Serious and organised criminals are using the Internet to provide false legitimacy in their attempts to target the retirement savings of Australians, the Australian Crime Commission (ACC) Board warned today.
BP Urges NSW to Reconsider Biofuels Mandate
Energy giant BP on Wednesday has called on the NSW government to reconsider its decision to extend its policy on mandating both biodiesel and ethanol-blended petrol in NSW.
QLD Govt Secures Commercial Tower in Ipswich CBD
Signing the largest leasing deal in the history of the Ipswich CBD, the Queensland Government has secured the entire commercial component of the new nine-story office tower being developed as part of the $1 billon Ipswich City Heart development.
Employment Woes: More than 1 in 10 Parents with Dependents Have Been Jobless Since June
More than one in 10 families with dependents have been jobless since June 2011, national official data show.
NSW First Home Buyers Beat Stamp Duty Deadline
First Home Buyers in New South Wales are acting quickly upon pre-approvals in an effort to beat the clock before the stamp duty concession runs out at the end of the year.
Australia’s Construction Sector: A Mixed Picture of Growth
A number of leading indicators have painted a mixed picture of Australia's construction industry over the first half of the year, according to a report by Research and Markets.
Carlyle Acquires Trade Monitoring Tech Provider
Global alternative asset manager The Carlyle Group has acquired ITRS Group, a global provider of real-time monitoring systems for the world's financial institutions, in partnership with its founders and management.
Financial Turmoil Forces Mortgage Holder to Save: Survey
About 60 per cent of Australian mortgage holders have decided to create a bigger savings buffer for ‘unforeseen circumstances’ amid recent financial market turmoil, according to independently-owned mortgage broker, Mortgage Choice.
$5.8M Gold Coast Mansion Sells Prior to Auction
A Tallai mansion previously voted house of the year by the Queensland Master Builders Association has been snapped up by an undisclosed buyer for $5.8 million prior to its auction on October 5.
Union Instructs Qantas Ground Staff to Strike on Sept. 30
Qantas Airways on monday claimed the Transport Workers Union (TWU) has instructed 3,800 baggage handlers, ground staff, and other Qantas employees to go on strike for one hour on Friday, 30 September to target Qantas passengers on one of the busiest weekends of the year.
Australia Scraps Retrospective Application of GST
Sales of homes built under development lease arrangements commenced before 27 January 2011 will not pay GST, according to the Australian government. Residential development lease arrangements are used by government to partner with the private sector to supply housing on publicly owned land.
Brisbane Commercial Market Recovers Amid Mining Boom
Brisbane’s commercial market is rebounding quickly as demand for office space continues to be led by increased business activity from the resources sector.
Aussie First Time Buyers Not Worried About Overseas Investors
New research from mortgage provider RAMS Home Loans show first home buyers in Australia aren't overly concerned about foreign investor competition in the property market. Despite talk of overseas investment into the Australian property market, local buyers say they are not worried.
SAB Miller Hit With Tax Dodging Allegations
SAB Miller, the world’s second biggest brewer, has been accused of tax dodging. Anti-poverty agency ActionAid Australia has sent a copy of a report detailing the allegations to the Foreign Investment Review Board.
Coopers to Become Australia’s Largest Brewer After SABMiller Takeover
SABMiller’s expected takeover of Foster’s will make Coopers enter its 150th year in 2012 as the largest remaining Australian-owned brewer.
Australia Alters Student Visa Program
The Strategic Review of the Student Visa Program, conducted by former Olympics Minister Michael Knight on behalf of the Commonwealth Government was released Thursday by Ministers Evans, drawing mixed reactions.
Treasury Head Supports Move to Abolish Stamp Duties
Treasury boss Martin Parkinson has backed a move to abolish real estate stamp duties, saying they are biggest drag on productivity and inhibit economic adjustment.
Tasmania Backs Same-Sex Marriage
The Tasmanian Lower House has this afternoon passed a motion of support for full marriage equality in Australia, with 13 voting in favour and nine against.
CommBank Unveils Innovative, Sustainable Sydney Campus
Commonwealth Bank today unveiled its landmark new office premises at Darling Quarter in Sydney’s western CBD fringe.
Amendments to Migration Act Cannot Validate Malaysia Deal: Legal Opinion
Independent movement GetUp has released legal opinion that argues the “Malaysia Soultion” and other offshore processing options would be invalid even as the Gillard government makes further proposals to amend the Migration Act.
Former NSW Premier Keneally Backs Gay Marriage
Former NSW Premier Kristina Keneally expressed her support for marriage equality on national TV overnight, gaining praise from LGBT marriage advocates.
Leighton’s Thiess Secures $100m Fortescue Contract
Leighton subsidiary Thiess has secured a major $100 million contract with Fortescue Metals Group (ASX: FMG) for Phase One development works on the Solomon Hub iron ore mine in Western Australia’s Pilbara region.
First Home Buyers Rush As Stamp Duty Concessions Near End
First home buyers are poised to make a strong return to the property market as they move quickly to beat the loss of stamp duty concessions at the end of the year.