Latest Sydney News
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Australia shares drop to one-month low on weak China flash PMI
Thu May 23, 2013 3:14am EDT (Adds details, comments) SYDNEY May 23 (Reuters) - Australian shares fell 2.0 percent on Thursday, their worst daily loss in more than two months, depressed by a weak preliminary manufacturing activity survey from China. The flash HSBC Purchasing Managers' Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction ...
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Holden Toyota commit to Australia for now
The two car makers left standing following Ford's decision to get out have reaffirmed their commitment to Australia, for now at least.However the dominant view is that the Australian car manufacturing industry is dying, which is a grave worry for the automotive component suppliers that represent more employees than the big car makers.Ford posted a $141 million annual loss in Australia on ...
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Chinese insurers look at real estate investment in Australia
/enpproperty--> Chinese insurance companies are seeking real estate investment opportunities in the Australian market, according to research from international real estate service provider Savills. Foreign Investors by the end of March, although only accounting for 19 percent of Australian CBD office transactions, were the greatest net investors in the market, the report showed. "We ...
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Senate Committee releases damning report into Australias aviation authorities
Norfolk Island A Senate Committee has raised serious concerns about the competency of the bodies overseeing Australia's aviation industry.The committee has investigated the official reviews into a Pel-Air plane ditching into the ocean off Norfolk Island in 2009.The service had been flying a patient from Samoa to Melbourne for treatment on behalf of CareFlight.All six people on board ...
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Australias remaining car makers to persevere
';The operating environment is extremely tough at this time but Toyota believes that car manufacturing is an important contributor to the Australian economy,'; Toyota Australia public affairs manager Glenn Campbell said. ';Toyota intends to maintain its operations in Australia. Toyota is still building cars at its Altona plant for domestic and export markets. ';The ...
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Labor tricked on plan to phase out coal
Sydney 2000 New South Wales Opposition Leader John Robertson is backpedalling after he told an anti-mining forum that Labor was developing a plan to phase out the use of coal.Mr Robertson told the Beyond Coal and Gas conference at Kurri Kurri in the Hunter Valley on the weekend his colleague Luke Foley was working on a plan to phase out coal as Labor prepares its policy platform for the 2015 ...
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Upper house votes down voluntary euthanasia bill
Sydney 2000 Legislation to allow voluntary euthanasia in New South Wales has been defeated in the state upper house.The Rights of the Terminally Ill bill, which was introduced by Greens MLC Cate Faehrmann, would have let terminally ill people who still retain their decision making capacity request assistance to die.The bill was defeated 23 votes to 13.Despite being given a conscience vote on ...
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Nick Greiner calls it quits
The former NSW Premier Nick Greiner has resigned as inaugural chairman of Infrastructure NSW, while Paul Broad has quit as its chief executive. The resignations were announced by Premier Barry O'Farrell during question time in the NSW parliament on Thursday ...
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She took man out like RoboCop
A man, believed to be a soldier, was hacked to death in the London suburb of Woolwich in an alleged terrorist attack about 2.20pm UK time on Tuesday (11.20pm AEST). Witnesses said the soldier was hacked at by two men with weapons including a machete. The attackers made no attempt to flee, with one filmed clutching a meat cleaver and knife in his hands, which appeared to be covered in the blood ...
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Were at war mob anger after killing
'You are going to lose': mother tells attackers to drop weapons Far-right activists in balaclavas have clashed with riot police in London after the killing of a man believed to be a British soldier by alleged Islamic extremists. More than 100 supporters of the English Defence League, some in paramilitary dress, gathered at a train station in Woolwich near where the man was allegedly ...
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Rinehart loses $7B but still Australia’s richest
This image taken on June 9, 2010 shows Australian mining magnate Gina Rinehart speaking during a rally in Perth. The world’s richest woman Gina Rinehart is believed to have increased her holding in Australian media group Fairfax to more than 15 percent, reports said on June 15. AFP / Tony ASHBY SYDNEY--Mining magnate Gina Rinehart had Aus$7 billion (US$6.8 billion) wiped off her fortune ...
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Ford to halt car production in Australia in 2016
MELBOURNE (AFP) - Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the firm's first local car.Ford Australia chief executive Bob Graziano made the announcement as he revealed losses of Aus$141 million (US$136 million) after tax in the last financial year and Aus$600 million over the ...
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Ford grows in America shrinks in Australia
Ford Motor Co. is adding production, and 3,500 jobs, in North America as it tries to keep up with Americans’ appetite for new cars and trucks. But the automaker will end production in Australia, cutting 1,200 jobs by 2016, as high costs left it unable to ...
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Australias invisible migrant workers
In a recent post for The Conversation which appeared on the SBS World News Australia website, Dr Shanthi Robertson highlighted the long-term but temporary, 'invisible' group of workers made up of backpackers and international students. She groups them together as Australia's 'other migrant workers', and is calling for more political and public recognition of this ...
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My heart is breaking for you
His sister, and studio co-director, Rebecca Davies emailed parents on Thursday afternoon to say that due to the number of clients that had withdrawn in the wake of the allegations, the business was no longer viable. "On a personal note, my heart is breaking for all of you," Ms Davies wrote in an email. "It is so devastating that one person has destroyed everything we all ...
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Falcons demise Why you should be mad as hell
indicating whether or not the specified user agent represents a smart phone. * If any of the regular expressions are updated then they should be updated in ...
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Girl killed by falling suicide jumper
A seven-year-old South Korean girl was killed instantly after being struck by the body of a man as he plunged from his 10th floor apartment in an apparent suicide, a report said on Thursday. The 40-year-old man jumped from the flat in the southern port of Busan on Wednesday evening and hit the daughter of his neighbour who was emerging from the apartment building, SBS TV station said. The man, ...
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Welfare groups condemn dog act
ANIMAL welfare groups have condemned a University of Newcastle research project where greyhound dogs allegedly underwent invasive surgery while they were still ...
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West Australia govt retains Mitchells and OMD
Incumbents Mitchell & Partners and OMD have been re-appointed by the West Australian Government for the provision of campaign advertising services following a competitive pitch. The pitch for the $33.8m account ...
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Ford to cease Australian manufacturing
Ford will end its Australian manufacturing operations in three years, resulting in 1200 job losses at its two Victorian plants.The carmaker's plants at Broadmeadows in Melbourne's north and Geelong, west of Melbourne, will close their doors in October 2016, resulting in the loss of 650 and 510 jobs respectively.Ford Australia president and CEO Bob Graziano says the cost of ...
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In Conversation Australias other migrant workers
In a recent post for The Conversation which appeared on the SBS World News Australia website, Dr Shanthi Robertson highlighted the long-term but temporary, 'invisible' group of workers made up of backpackers and international students. She groups them together as Australia's 'other migrant workers', and is calling for more political and public recognition of this ...
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Indictment for head of Beacon Hill church
The head of a Beacon Hill church was indicted Wednesday morning for allegedly taking money from the church and intimidating other members during his time in ...
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Search for missing Canadian bushwalker continues
Extra resources, including a medical rescue helicopter, were called to the area but a search of the Opera House Hut failed to find Canadian bushwalker Prabhdeep ...
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Farm shooting sparks hunting law debate
Orange 2800 The National Parks Association is using an alleged shooting incident involving hunters near Orange to highlight why the activity should not be allowed in some New South Wales reserves.Police say a man shot at the feet of a 43-year-old farmer on Tuesday in Springside, in the state's central-west, after the farmer confronted him and another man allegedly hunting kangaroos on his ...
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Cricket Australia Bulls looking into Lynns tweets on Teo case
Brisbane 4000 Queensland batsman Chris Lynn could find himself in hot water after using Twitter to opine about assault allegations levelled against NRL player Ben Te'o.Te'o released a statement on Wednesday saying he had not "acted improperly" after a Brisbane woman said she was left bleeding and abandoned with a fractured eye socket from an alleged assault by the South ...
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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