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Australian shares slide for second day
Australia Australian shares are set to record their worst weekly performance in a year, with a second straight days of heavy falls.After very brief early gains, the market has been in a downward drift all day, leaving the broad All Ordinaries index down 1.8 per cent at 4,951 by 3:23pm (AEST).The ASX 200 was off 94 points to 4,969, follow yesterday's 2 per cent drop.In total, around $60 ...
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Australian shares reverse gains as volatility hits investor mood
Fri May 24, 2013 2:20am EDT (Updates to close) SYDNEY May 24 (Reuters) - Australian shares reversed early gains to lose 1.6 percent as faltering banks and market volatility hit investor sentiment on Friday, sending the benchmark index tumbling further from one-month lows touched a day earlier. Japan's Nikkei share average turned positive in a volatile session on Friday afternoon after the ...
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Civoniceva likes Scott-Shillington combo
Queensland great Petero Civoniceva says he'd hit NSW's power pack with a Matt Scott-Dave Shillington front-row combination in next month's opening State of Origin match in Sydney. Settling on a replacement for the 33-game Origin prop who retired last year on the back of Queensland's seventh successive series win is an issue for selectors before they reveal their 17-man squad ...
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Hawke pays tribute to outstanding Hazel
Former prime minister Bob Hawke has spoken of his enduring affection for ex-wife Hazel and says she made an outstanding first lady. Mrs Hawke died on Thursday aged 83 after a 12-year battle with Alzheimer's disease. Her family says she passed away peacefully surrounded by her loved ones. "I remember Hazel with deep affection and gratitude," Mr Hawke said in a statement on ...
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AACo blames export ban for loss
Australia's largest beef cattle producer has blamed the suspension of live exports to Indonesia for a $46.5 million March quarter loss. Australian Agricultural Company (AACo) managing director David Farley says farmers are struggling, almost two years after footage of overseas abattoir workers torturing cattle sparked public outrage and a temporary ban on live shipments. The latest loss ...
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Take a punt on Merritt says Hazem
The 26-year-old trained lightly this week, completing running exercises from Wednesday away from the main group in a bid to prove his recovery was on track. But Daley is not willing to take injured players into camp, preferring to have his full squad about to train from day one. That re-opens the door for South Sydney's Nathan Merritt, forgotten Newcastle winger Akuila Uate and Manly ...
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Dugan at home with us say Dragons
Josh Dugan's former Canberra teammate Bronson Harrison says the fullback has fitted in seamlessly at St George Illawarra. Dugan starred on his Dragons debut against Parramatta last week after two months out of the NRL after being sacked by the Raiders for repeated discipline breaches. Harrison and Dugan spent four seasons in Canberra before the former Kiwi back-rower joined the Dragons ...
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Woman attacked where her body was found
Police now believe a pregnant woman who was murdered as she walked to work south of Brisbane was attacked where her body was found. "At this time our investigation suggests the initial assault occurred in Leichhardt Street," Regional Crime Co-ordinator Detective Superintendent David Hutchinson told AAP. Joan Ryther, 27, was attacked on her way to work in Logan about 8.30pm (AEST) at ...
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Gillard resists call for car tariff rise
Prime Minister Julia Gillard is resisting pressure from unions and Labor MPs to raise tariffs or significantly boost industry assistance after Ford's decision to stop making cars in Australia. Ford says about 1200 workers will lose their jobs at its two plants in Victoria by October 2016. The company's profits have been squeezed by the high Australian dollar, making exports more ...
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Drugs weapons found in shooting raid
POLICE investigating three shootings in Kwinana have uncovered weapons, fireworks, ammunition, drugs and cash during a raid on a Baldivis ...
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The transformation of Hazel Hawke
She had the mixed blessing of being married to Bob Hawke, Labor's most successful prime minister and, for many of their years together, a hard drinker and womaniser who was rarely at home.She survived to become, during nearly nine years at the Lodge, perhaps the best loved of all prime minister's wives.This came from her charm, grace and intelligence. It also came from admiration for ...
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Craft beer becoming choice tipple
CRAFT beer has graduated from backyard brew to claim 2.5-3 per cent of the total beer market, according to the Craft Beer Industry Association after CUB-owned Matilda Bays Alpha Pale Ale was last night named as our top brew for ...
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Google Glass gets Aussie test run
GOOGLE'S breakthrough internet-connected spectacles, Google Glass, have finally arrived in Australia, with one workplace health and safety firm testing the glasses in cities around the ...
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Australia economy strong despite end to Ford production PM
SYDNEY (AFP) - Australian Prime Minister Julia Gillard moved to allay fears about the economy on Friday saying it had strong fundamentals, after US carmaker Ford announced an end to production in the country.Ford said Thursday it will stop making vehicles at its unprofitable Australian plants in 2016, prompting concern for the manufacturing industry which is struggling due to the high Australian ...
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Bag limits introduced due to dwindling crab stocks in South Australias Gulf St Vincent
COMMERCIAL and recreational crab fishers will face tougher bag limits because of declining stocks in the Gult St Vincent. The State Government has announced commercial boaties will have their quota cut to 196 tonnes - a 20 per cent drop - from July next year. Recreational limits will be halved. The daily individual bag limit will drop from 40 to 20 and a daily boat limit will fall from 120 to ...
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Greens propose new energy savings agency
HOUSEHOLDS generating clean power through solar panels would be rewarded by a dedicated "energy savings agency" being proposed by the Australian Greens. The minor party on Friday said it wanted to set up a new federal government agency to find $1 billion in energy savings and help drive down power bills and the emissions causing global warming. Greens leader Christine Milne said the cost ...
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Sydney MMA star conquers his demons
If ever an opponent was going to give you mental demons, Teixeira would be the man. In many ways, however, Te Huna's come-from-behind February victory over Canadian Ryan Jimmo in London could be the defining moment of his career. For Te Huna, the biggest battle was not surviving a brutal Jimmo head-kick — nor the battle to regain his senses and win the fight. The biggest battle was ...
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Sydney ferry users to pay more
About a quarter of all Sydney's ferry passengers will have to pay significantly more after the O'Farrell government dropped the use of a popular travel card on ferry journeys. From September ferry passengers will no longer be able to use MyMulti1 tickets on trips through Sydney, saving the government and costing commuters about $5.5 million a year. Ferry passengers will instead have ...
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M2-F3 linkup in NSW to start in 2014 govt
FEDERAL Infrastructure Minister Anthony Albanese says he wants to see "shovels in the ground" from next year to guarantee the swift delivery of the M2-F3 road link-up in ...
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Indigenous deaths in custody on the rise
The Australian Institute of Criminology released a report on Friday, which said the number of indigenous deaths had increased over the past five years.In 2011, indigenous people represented just over one in four people in prison and one in five deaths."At the heart of the problem is the over-representation of indigenous people at every stage of the criminal justice system," the report ...
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Sword-wielding Vic man holds police at bay
Police have been negotiating with the man, who is alone in a caravan at Congupna in Victoria's north since around 9am (AEST) on Friday."He's threatening self-harm," a police spokesman said."We're trying to negotiate peacefully with ...
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Result $6 million payday for Tumblr staff
YAHOO'S $1.1 billion acquisition of Tumblr has not only made its CEO David Karp a wealthy man, some of his most loyal staff will rake it in as ...
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Youngest MP backs gay marriage
Queensland Liberal backbencher Wyatt Roy, 23, says he wants coalition MPs to have a conscience vote on the issue."I support the right of same-sex couples to have their loving and committed relationships recognised in state-sanctioned marriage," Mr Roy said in a statement.He represents the conservative seat of Longman north of Brisbane."I remain vigilant in regard to the views of ...
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Dramatic arrest Cops punch men
The arrests now form part of an internal investigation.Reportedly filmed on May 4 at 12.44am in Bigge Park, in Liverpool in Sydney's west, the two-minute video shows a police car pull up in the park where a group of young men is loitering. Officers jump out of a car and one of them grabs one of the men in a neckhold and wrestles him to the ground.The police officers yells: "D***head ...
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Rolls-Royce recalls more cars in Aus
SUPER-luxury brand Rolls-Royce is recalling 19 of its Ghost limousines - equivalent to more than one year of sales in Australia - not due to a safety issue but because owners might notice the smell of fuel coming from the ...









