Latest Australia News
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Australia stocks advance paced by miners
LOS ANGELES (MarketWatch) -- Australian stocks rose Wednesday, with mining issues continuing to recover from recent weakness that stemmed in part from concerns about slowing in China. The S&P/ASX ...
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Dont get too cocky Tony says Julia
JULIA Gillard has criticised Tony Abbott for admitting he has planned his victory speech in the hope he will win the September election, saying the Opposition Leader is getting ahead of ...
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Fire damages factory plant in suburban Brisbane
A fire broke out in a factory plant at Carole Park in Brisbane's southwest on Monday night. Though the fire was quickly contained, it caused extensive damage to the ...
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Australia consumer confidence falls sharply in May
SYDNEY | Tue May 21, 2013 8:32pm EDT SYDNEY May 22 (Reuters) - A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low. The poll of 1,200 people by the Melbourne Institute and Westpac Bank was conducted in the week the Labor government delayed a ...
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Melbourne Beach Mayor Tom Davis resigns
This 2011 file photo shows Tom Davis during his campaign to become mayor of West Melbourne. Davis, who was elected in November 2011, announced his resignation Monday, May 20, 2013. (FILE/Tom Davis, via ...
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Australian shares rise after Wall St hits new all-time highs
Tue May 21, 2013 8:20pm EDT (Updates with movements in early trade) SYDNEY May 20 (Reuters) - Australian shares rose 0.4 percent on Wednesday, led by blue-chip miners after comments from U.S. Federal Reserve officials eased some concerns that the central bank might scale back its stimulus programme, helping Wall Street close at all-time highs. Bellwether miners BHP Billiton Ltd and Rio Tinto Ltd ...
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GlaxoSmithKline to axe 120 jobs
Pharmaceutical company GlaxoSmithKline will axe 120 Melbourne jobs as it closes its tablet packaging business. The redundancies will occur at the company's Boronia site in Melbourne's east, which employs 363 people, GlaxoSmithKline said in a statement. Boronia site director Troy Webb says the job losses come as the company abandons its tablet packaging business to focus on technology ...
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Essendon AFL player stabbed
Essendon AFL footballer Nathan Lovett-Murray has been stabbed in a domestic dispute in Melbourne. Lovett-Murray, 30, is being treated in Royal Melbourne Hospital for a stab wound to the arm. A 22-year-old man and 17-year-old boy have been arrested and are being interviewed by police. The incident happened at a house in suburban Reservoir just after 10pm (AEST) on ...
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Harley rider loses foot in crash
Just after 9pm the man's Harley Davidson motorcycle and a gold Nissan Maxima collided on Wanneroo RoadNeerabup, about 3km south of Hester Avenue.The 26-year-old rider was seriously injured and was airlifted by the RAC Rescue helicopter to Royal Perth Hospital. The 30-year-old male driver of the Nissan was not injured.Anyone who was in the area and saw the crash or either vehicle prior to ...
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750 to strike at shipbuilder Forgacs
MORE than 750 workers at a shipbuilding company will walk off the job on Wednesday as part of a push for better hours and ...
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Man on bail for child sex offences found on Gold Coast
A MAN who fled interstate while on conditional bail for child sex offences grew a beard and had fresh ink tattooed on his forearms as part of his cover, it is ...
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Australia waits on US-Afghan decision
Australia is still waiting on the US to decide its post-2014 troop commitment to Afghanistan before announcing how many Australian troops will remain, Defence Minister Stephen Smith says.Speaking after meeting US Defense Secretary Chuck Hagel in Washington, Mr Smith said Australia remained willing to assist with training of Afghan officers.Australia was also ready to contribute special forces to ...
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Coalition questions treasury forecasts
Shadow assistant treasurer Mathias Cormann says some of the Treasury's budget forecasts would be different if the department was "left to its own ...
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Gold Coast cop charged with drink driving
A GOLD Coast police officer will face court next month after allegedly drunk driving while off-duty.A 53-year-old sergeant from the South Eastern Region was breath tested after he was involved in a three-car crash at Helensvale at about 5.30am yesterday.He was off-duty and driving his private vehicle when, initial investigations suggest, his car was struck by another vehicle which swerved to ...
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Australia shares seen edging up on Wall St miners may cap gains
SYDNEY | Tue May 21, 2013 7:16pm EDT SYDNEY May 22 (Reuters) - Australian shares are seen edging higher on Wednesday, after comments from Federal Reserve officials eased some concerns that the central bank might scale back its stimulus programme, helping Wall Street close at all-time highs. But mining stocks may fall on weaker copper prices . * Local share price index futures fell 0.1 ...
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Myer posts another small rise in sales
Myer's sales have grown slightly, but the department store remains cautious about the future for the retail industry. Myer's total sales in the 13 weeks to April 27 were $652.5 million, up 0.5 per cent from $651.1 million in the corresponding period in 2012. Like-for-like sales, which strip out the effects of new store openings or closures, were up 0.4 per cent from the previous ...
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Woman dies in NSW cotton loader crash
Police said the Ford Fairlane hit the cotton loader, also known as a "moon buggy", on the Oxley Highway near Warren about 12.15pm (AEST) on Tuesday.The woman died in hospital from her injuries.The 69-year-old male driver of the Fairlane is in a stable condition in hospital.A 92-year-old male passenger in the car suffered minor injuries.Police said the cotton loader had broken down and ...
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Sydney ferries to get a boost
In a statement, Transport Minister Gladys Berejiklian says the Sydney's Ferry Future plan is about "getting the most out of the ferry network".She says six new ferries will be added to the fleet by 2016.Wharves at Sydney Olympic Park, Drummoyne, Balmain East, Pyrmont Bay, Cremorne Point, McMahons Point and Mosman Bay will also be upgraded, she says.The government will also ...
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Senate stumbles on silent numbers
Australian Law Reform Commission recommendation.The committee was split four to three, with dissenting senators from the Greens and Labor arguing its Coalition members "have chosen to ignore the evidence received and seek to protect the corporate interest of Telstra".Telephone carriers including Telstra, Internode, iPrimus, iiNet, Spintel and ACN currently charge as much as $48 yearly ...
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Dimon survives shareholder vote on job
Jamie Dimon, chairman of the board, president and CEO of JPMorgan Chase , is seen here arriving to testify before a US Senate Banking Committee full committee hearing in June ...
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Dollar lower awaiting Bernanke testimony
THE Australian dollar is slightly lower, as traders speculate over the likelihood the US central bank will wind down its economic stimulus ...
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Low inflation high AUD led to rate cut
The central bank has given no clues whether more reductions are on the cards after low inflation allowed it to cut the cash rate to a record low at its May board ...
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Game of brands Westeros meets Wall St
TYWIN Lannister as a Wall St tycoon, Daenerys Targaryen as heir to an airline emblazoned with dragons. It's Game of Thrones but not as you know ...
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Boart slashes profit forecasts
Drilling services company Boart Longyear says its earnings will fall in 2013 because mining companies are scaling back on ...
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Dodgy sales people cost AGL $1.55m
SUBSIDIARIES of energy company AGL have been slugged with penalties of $1.55 million for dodgy door-to-door sales practices in which salesmen denied they were selling anything and claimed customers' current suppliers were ...
Sydney Focus
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Sydney's scandalous toxic waste plan by government
A controversial waste relocation project in Sydney has created anger in a community with a lower income than the Sydney suburb from which the waste is being removed, with many suggesting a class-bias in the city government.
Hunter’s Hill is a predominantly wealthy suburb of Sydney with average house prices of around AUD $1.3 million and a harbour-side community made up predominantly of professionals, managers and other traditionally middle to high-income workers. Penrith, on the other hand, located just over 50 kilometres from Sydney’s CBD, is not as affluent, with average property values of around AUD $280,000. Read more
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