The Treasurer said he decided to act against the foreign acquisition of the ranch as the matter had implications on national security.
David Jones sales traded as high as 12.2 percent in Johannesburg, leaving rivals in dismay.
With China cheap steel dominating the market, Whyalla Steelworks has announced to cut more than 200 jobs.
Marriott International buys Starwood Hotels and Resorts for AU$17.22 billion, leaving other bidders in dismay.
In his analysis, Pollock brought to the fore many geo political variables to explain the current strains in the political economy of the world.
An increased male and female participation in the workforce across the nation has pulled up the employment rate.
Saturday’s auctions took auction rate below 60 percent for the time in three years.
As customers complain of excessive surcharges levied by Qantas and Virgin Australia, the airlines say they recover much below the actual cost.
Amid a slowing global economic environment, Australia’s top banks join other banks in worldwide job cuts.
A recent survey shows that young Australians are not satisfied with the inadequate training provided by universities across the nation.