Latest Sydney News
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Travel card anomaly dumped
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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Events blow as deal falls through
Negotiations to construct a temporary convention and exhibition centre at Glebe Island have collapsed, sending the state government scrambling to find a replacement operator for Sydney's business events. The state government plans to construct a temporary convention and exhibition centre on Glebe Island to run for three years when the existing centre at Darling Harbour closes for a $1 ...
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Markets Live stocks dive again
. We’ve seen mining services stocks hit, you’ve seen some money come out of defensive stocks over the last few weeks. [Offshore investors] are looking and going, ‘Is it time now after a run in the market, especially with a falling Australian dollar, to bring some money home.' The drop in banks could be a result ...
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Tigers set to hit a new low
The worst losing streak in Wests Tigers' history is expected to be compounded by the lowest Leichhardt Oval crowd in nine years on Friday night. With the NRL looking towards moving games from dilapidated suburban grounds to the larger stadiums, Friday's game between the Tigers and Cowboys could be the third-last game at the ground. The lowest crowd at Leichhardt Oval as a joint ...
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Australia shares fall market volatility hits investor confidence
Thu May 23, 2013 9:45pm EDT (Adds details, comments, stocks on the move) SYDNEY May 24 (Reuters) - Australian shares reversed early gains to fall 0.9 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. "There's also a lot of volatility from a macro perspective from ...
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Australia stocks extend selloff
LOS ANGELES (MarketWatch) -- Australian stocks fell in early trade Friday, extending a selloff that pushed the benchmark to a one-month low Thursday after disappointing data from China, Australia's largest export market. The S&P/ASX ...
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Australia may save millions on fighter jet
AUSTRALIA may save millions on state-of-the-art combat aircraft after defence company Lockheed Martin trumpeted the first ever fall in the cost of the controversial F-35 Joint Strike Fighter (JSF) ...
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Premiers fix-it men abandon ship
Mr Greiner confirmed last night he might have stayed in the job if the Premier had sold the $30 billion electricity networks, as he had urged, because it would have meant there were more projects which could have been planned."Would I have stayed if there was a lot more money? Who knows," Mr Greiner said. "Of course I've had different views on funding (with the Premier) but ...
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US military fears taking on Assads troops in drawn-out Syrian war says Bob Carr
Foreign Minister Bob Carr has told a group of Syrian refugees in Lebanon that the United States military does not want to risk a drawn-out war with the Syrian army. Senator Carr spoke with the refugees during a visit to their camp in Lebanon's Bekaa Valley, on the border with Syria. The refugees urged Senator Carr to back military intervention to bring the civil war in Syria to an end. ...
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Foreign Affairs Minister Bob Carr meets with Syrian refugees at Lebanon camp
Syrian Arab Republic Foreign Minister Bob Carr has told a group of Syrian refugees in Lebanon that the United States military does not want to risk a drawn-out war with the Syrian army.Senator Carr spoke with the refugees during a visit to their camp in Lebanon's Bekaa Valley, on the border with Syria.More than 1.5 million people have fled across Syria's borders to escape the civil ...
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Cricket NSW appoints former Cricket Australia executive
Sydney 2000 Cricket New South Wales has confirmed the appointment of former Cricket Australia head of strategy Andrew Jones as its new chief executive.Jones comes into the position during a tumultuous time for cricket in the state after former chief Brad Gilbert had stood down in January following 11 years in the role.The Blues firstly sacked coach Anthony Stuart last season but that led to ...
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Your say Ford Australia to close plants in 2016
it will close its Australian manufacturing plants in October 2016 , with the possible loss of hundreds of job.Ford president Bob Graziano said approximately 1,200 workers would lose their jobs when the Broadmeadows and Geelong plants were shut down.How will the closures affect you?Have your say ...
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Driver killed as tanker crashes into cafe
Traffic chaos: as it happened A truck driver is dead after his tanker carrying 20,000 litres of milk crashed into the front of a cafe and burst into flames in Sydney's inner west, forcing the closure of Parramatta Road for more than seven hours. A witness claimed the driver may have braked to avoid hitting a car ahead when the tanker veered across the median strip, onto the wrong side of ...
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Thousands see obscene Tahs tweet
The NSW Waratahs appear to have been subjected to an embarrassing episode on their Twitter account, with an obscene message sent out to more than 14,000 people on Friday morning. The post, containing a single four-letter word and a link to a story about rugby league player Matt Ballin, who plays for Manly in the NRL, was posted on the Waratahs' public Twitter profile at 3.34am AEST. The ...
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Australia shares seen firmer after sharp sell-off
SYDNEY | Thu May 23, 2013 7:16pm EDT SYDNEY May 24 (Reuters) - Australian shares are seen edging up from a one-month low on Friday after weak manufacturing data from China knocked the market down 2 percent in the previous session. A rise in gold prices may lend support to miners. * Local share price index futures rose 0.3 percent to a 23.6-point premium to the underlying S&P/ASX 200 ...
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Australia coal firms dig in for years of mine closings job cuts
A bucket wheel reclaimer collects ore at the BHP Billiton iron ore loading facility in Port Hedland, about 1,600 km north of Perth, in this May, 2008, file photo. Australian coal miners are steeling themselves for years of production cuts, job reductions and asset sales as swelling shipments from international rivals lower hopes of a recovery in prices for coal. (TIM ...
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Fatal milk truck crash causes traffic chaos on Sydneys Parramatta Road
Croydon 2132 Sydney's Parramatta Road is closed this morning after a milk truck crashed into a shopfront in the city's inner west late last night, killing the driver.Police say the truck ploughed into the shop in Croydon and burst into flames about 11:30pm.The accident has closed the major arterial in both directions and diversions are in place.Dave Wright from the Transport ...
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Waratahs in obscene Twitter hack
The NSW Waratahs appear to have been subjected to an embarrassing hacking episode on their Twitter account, with an obscene message sent out to more than 14,000 people on Friday morning. The post, containing a single four-letter word and a link to a story about rugby league player Matt Ballin, who plays for Manly in the NRL, was posted on the Waratahs' public Twitter profile at 3.34am ...
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Man killed as car hits pedestrians
An elderly man is dead and another man is in a critical condition in hospital following a crash on Sydney's lower north shore. The two male pedestrians, aged 85 and 59, were attempting to cross Hampden Road in Artarmon when they were struck by a vehicle just before 7.45pm on Thursday. Police said the 85-year-old pedestrian died at the scene of the crash, near the intersection with Cleland ...
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London attack two more arrests
Two more people were arrested overnight by counter-terrorism detectives as police investigate the brutal killing of a soldier in London. A 29-year-old man was arrested, and a 29-year-old woman was arrested in south London, both on suspicion of conspiracy to murder. The two men who were shot by police at the scene of the crime on Wednesday were still under arrest in a stable condition in ...
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Transport nightmare for Sydneysiders
The truck that slammed into a shopfront on Parramatta Road this morning was a McColl's Transport vehicle carrying 20,000 litres of milk. A spokesman for McColl's, which is Australia's largest independent milk, chemical and dangerous goods transport carrier, said they couldn't provide any details yet on the driver, who died at the ...
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Tributes flowing for Australias first lady
View all 17 photos One of Australia's most loved figures, Hazel Hawke, has died at the age of 83. Her daughter, Sue Pieters-Hawke, announced on behalf of the family on Thursday night that Mrs Hawke had died peacefully, surrounded by family. The family had been with Mrs Hawke during her last days as she finally succumbed to complications of dementia, Ms Pieters-Hawke said. ''The ...
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Racism row Morrow escapes sack
Veteran ABC broadcaster David Morrow has been spared the sack, but will need to complete training and cultural awareness programs before returning to the airwaves. Morrow was suspended following comments he made before the match between St George Illawarra and Manly on May 6. The voice of the ABC's league coverage claimed he was referencing a 17-year-old conversation he had with an Atlanta ...
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Ford to retire Falcon when Australia plant closes in 2016
Ford Motor Co. will shed 1,200 jobs when it ends auto manufacturing in Australia in 2016, but ...
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RPT-Australias Crown selling entire 10 pct stake in rival Echo-source
Thu May 23, 2013 5:54pm EDT (Repeats story from late Thursday; no change to text) SYDNEY May 23 (Reuters) - Australian casino company Crown Ltd is selling its entire 10 percent stake in rival Echo Entertainment Group, the operator of Sydney's sole casino, a source with knowledge of the sale said. Crown is seeking in a book build through UBS to sell 82.5 million Echo shares at A$3.20 each, or ...
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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