The Queensland parliament has recommended that weekday trading hours for alcohol be moved back to no later than 2am in entertainment precincts and 1am elsewhere. The proposal is expected to be met with negative reactions from club owners and party goers.

Treasurer Andrew Fraser on Thursday reported that the state of Queensland is recording steady growth with the mining sector leading the way. Speaking in Brisbane, Fraser said he believed the state is on its way to a sustainable growth.

An erstwhile Macquarie banker was meted out prison terms today for contempt of court after he tried to flee when the Australian Securities and Investments Commission (ASIC) ordered him to stay in the country for possible questioning. Earlier, Oswyn de Silva, 36, has admitted running a financial sch...

The planned hike in toll fees by $1 or 30% to $3.85 for private cars and small trucks starting July 1 could forced a number of people out of work, said Queensland Council of Social Services (QCSS).

Climate change minister Penny Wong dismissed as non-sense claims that the Federal Government's planned carbon trading scheme or emissions trading scheme (ETS) would cause power rates to shoot up in NSW.

Australian Prime Minister Kevin Rudd on Thursday warned China that "the world will be watching" the trial of mining executive Stern Hu and his three associates. Rudd made the statement after Australian diplomats were told Wednesday night that the trial of Hu and three other Rio Tinto executives Liu ...

With its subsidiaries in downhill path and for apparent isolation from its mother company, an Australian auto expert predicted that Ford is on the verge of quitting Australia's car manufacturing industry.

Retiring BHP Billiton Chairman Don Argus aired the company's deep concerns about the state of the world economy and called on leading governments to employ extra cautions on their tax changes policy and reversing stimulus packages.

The debate on the controversial but landmark U.S. healthcare bill could force President Barack Obama to cancel his revised trip to Australia, Indonesia and Guam. His own Democratic Party, who struggled for eight months to approve the healthcare legislation, wants Obama to be in the White House while...

Danske Bank sees Asian economic growth as sustainable as it is now more broadly based and conditions needed to sustain domestic demand are being met.

Indonesia was confirmed as the best placed south Asian economy in the wake of the global recession with another ratings agency upgrade to its credit standing on Friday.

Westpac believes China can cap economic growth by an aggregate tightening of policy but... it won't.

Shock horror, China's consumer inflation is now running at 2.7% and 'house prices boom, bubble, boom and bust' yell the western analysts.

More figures on China's economy out later today, but already the flow of early data suggests still strong growth.

China wants to rein in its double-digit GDP growth to a more steady 8% and try to nip a property price bubble in the bud. Is this bad news for Australia?

The once low average Chinese wage, which allowed China to build a dominant export industry, has begun to catch up.

A week on from the release of the 2010-11 Indian budget, the country seems to have survived any test of confidence in the country's prospects with the usual collection of bears, worriers, etc more focused on the tribulations of Greece than India.

In Asia's major economic countries, there is growth in manufacturing with India and South Korea showing the fastest pace, while the world's third largest economy slowed down a little based on a pair of surveys by purchasing exectuives.

As we have just read, China's economic rebound has dragged the rest of Asia back into the black.