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Ford to quit making cars in Australia cites high costs currency
Ford Motor Co. will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manufacturers just as the country looks for other sectors of its economy to cushion the end of a mining boom.Ford Australia will close its engine plant in Geelong and its vehicle assembly plant in Broadmeadows, both in Victoria state, with the loss of 1,200 jobs, Ford ...
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In Conversation 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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Ernest Wong sworn in to replace Roozendaal in NSW Parliament
Sydney 2000 A prominent member of Australia's Chinese community has been installed as Labor's replacement for former Treasurer Eric Roozendaal.A special joint sitting this afternoon has formally installed Mr Wong as a member of the New South Wales Legislative Council.Mr Wong is a former deputy mayor of Burwood Council.Mr Roozendaal quit State Parliament early this month, six years ...
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$23b wiped off share market
. Futures on the UK’s FTSE 100 Index slid 1.8 per cent, Germany's Dax futures are down about 2 per cent. ‘‘European markets look set to be taken to the woodshed,’’ Chris Weston, chief market strategist at IG Markets in Melbourne wrote in a note. ...
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Hazel Hawke dies aged 83
Hazel Hawke, ex-wife of former Prime Minister Bob Hawke, has died aged 83, following a battle with dementia.Her family issued a statement on Wednesday night saying she passed away peacefully after succumbing to complications of the disease.Her family said they appreciate the great affection many have for Hazel, but have asked for privacy.There will be a private funeral for family and close ...
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Cricket Australia considers AFL tribunal model
David Warner's privately convened code of conduct hearing for his recent Twitter indiscretions may be the last of its kind, as Cricket Australia consider adopting a system whereby disciplinary charges against players would be heard in forums open to public scrutiny via the ...
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Packer offloads his stake in Echo
James Packer’s Crown Ltd is selling its 10 per cent stake in rival Echo Entertainment, in a clear signal it is confident of gaining approval to operate its own casino in Sydney. The sale of its stake to institutional investors via a bookbuild late today is priced at $3.20 a share, a 7 per cent discount to Echo’s closing price of $3.44. It values Crown’s stake at $264 million. ...
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Art has a message for life
Among alarming statistics that a P-plate driver dies in NSW every six days, the play "Road Train" will be shown to Year 9 and 10 students at selected high schools across the state.In a move away from traditional road safety campaigns which use shock tactics, the play attempts to reach young people by telling them a story they can relate to.Students at James Meehan High School in ...
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Family to get apology from Footy Show
This screen shot from The Footy Show was initially sent to the Richmonds by Michael's sister after having seen it on the show. Picture: Attila ...
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NBL breaks away from Basketball Australia
Australia Basketball Australia (BA) and the NBL have agreed to split, with the 2013/14 season to be run by the newly-formed National Basketball Competition (NBC).The NBL will operate separately from BA, with a newly-formed leadership group to take control of the league.The NBC, which represents all NBL clubs, on Thursday signed a heads of agreement with BA to proceed with a de-merger ahead of ...
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Greiner quits as Infrastructure NSW chief
Sydney 2000 The chairman and chief executive of Infrastructure New South Wales are quitting after two years in the roles.Premier Barry O'Farrell told Parliament that Infrastructure NSW's inaugural chairman Nick Greiner would stand down in July, while chief executive Paul Broad is leaving to take the reins as chief executive of energy company Snowy Hydro."Paul has been a loyal ...
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More than meets the eye
Positive: Stanford. It is a haunting image but there is more to this picture than meets the eye. Photographer Jonathan May, 34, met Stanford, the boy in the picture, in 2011. May was visiting the blind school in Kenya where he previously took photographs and where, for $1.30 a day, he sponsors the schooling of a young girl, ...
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Share sell-off $30b market dive
Australian shares were caught in a global rout today, suffering their worst daily loss in more than two months.The benchmark S&P/ASX200 index slumped 103 points, or 2 per cent, to 5062.4, while the broader All Ordinaries index lost 101.3 points, or 2 per cent, to 5040.8. The sell-off wiped more than $30 billion off the value of the share market. Investors were rattled by a combination of ...
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Gutless euthanasia bill defeated
NSW parliament has voted against a bill giving people with a terminal illness the right to end their own suffering by choosing the manner and timing of their death. "They will be screaming out in frustration," said Greens MP Cate Faehrmann, who introduced the bill to the NSW upper house last week. As if on cue, a man in a wheelchair yelled out from the public gallery: "You ...
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It was a note folded in four and passed in the dock at a Sydney trial
It was a note written in Italian, folded in four and passed in the dock at a murder trial. In the NSW Supreme Court on Thursday, the jury at the trial of Giuseppe Di Cianni and Josephine Pintabona learned he gave her a letter about their trial, while they were inside the Darlinghurst court complex earlier this month. Mr Di Cianni has pleaded not guilty to murdering former business associate ...
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When Holden boss learned of demise
. He wanted to pre-emptively warn Devereux; Ford's announcement came smack bang in the middle of the biggest positive announcement from Holden in ...
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Anger boils over for mob 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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Showers settle over Sydney
Sydney has had consistent rainfall across the metropolitan area since yesterday afternoon and it’s going to be more of the same for the rest of the evening. Scroll down to see Sydney's seven-day ...
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Police quick to answer call for help
AN alleged pervert was arrested by police within minutes after a woman claimed he had exposed himself to her as she walked along a road on Sydneys North Shore last ...
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India Australia progressing well on FTA talks
Free Trade Agreement (FTA) as the fifth round of talks on the issue concluded in Canberra. "We have gone further in our goods negotiations. We have progressed well in our text on our services and investments. I hope in the next round we will start doing the real give and take of negotiations," J K Daddo, Joint Secretary ...
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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 ...
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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