An Australian mechanical designer has finally made the dreams of every Star Wars fan come true: he's built a real life Hoverbike. Chris Malloy, an Australian mechanical designer has been building the Hoverbike in his garage for the past two and half years and now it's ready to go to production.
There is now no stopping the Australian government from implementing the economy-wide carbon tax that aims to lower greenhouse emissions. The Gillard administration even got the support of independent MP Tony Windsor after the Productivity Commission report.
At the World Wide Developers Conference, Apple announced that iOS5 will have some 200 features but only ten of them were named at the event. The two-hour affair focused mainly on iCloud and OS X 10.7 “Lion”. However, there are other iOS5 updates to look forward to.
The plunging stock market value of Nintendo this week caught the Japanese game console maker by surprise, which came following the Tuesday launch of its next-generation Wii U.
Exco shareholders gave their go signal on Friday for the $175 million deal that will formally transfer ownership of the company’s Queensland mining assets to Xstrata.
The Westpac Group (ASX: WBC) has confirmed it was initiating a token replacement program, as a result of the recent RSA security issue.
Customers the world over have been left wondering whether to trust RSA's security tokens since March 2011, when the company admitted it had been hacked and issued a warning.
The lines are constantly being blurred between what constitutes the workplace and what constitutes a 'social event.'
Interest rate hikes are increasingly likely to send Australian homeowners into default, Fitch Ratings has claimed.
Ongoing discount interest rate home loans have become the top choice for majority or about 33 percent of new borrowers, according to May 2011 data from Australia’s largest independently owned mortgage broker, Mortgage Choice.
Google came out with its new '+1" button. This is Google's newest foray into the social scene, although they claim this is yet the social network to rival Facebook. The +1 button is a small icon that will become featured in searches done on Google. The idea is that when you see a search result you like, you will +1 it, thus telling others in your Google social group that you like the result.
Almost two-thirds of Australian companies indicate they would consider hiring overseas staff to overcome skills shortages.
Woolworths Limited has announced plans to roll out contactless payment facilities across all its brands.
Employees have been found to be the primary driving factor of L&D practices, rather than overall business strategy, according to the 2011 National Learning and Development Index.
Mayor Michael R. Bloomberg and AT&T Chairman and CEO Randall Stephenson today announced a five-year initiative to provide free Wi-Fi service at 26 locations in 20 New York City parks across the five boroughs. Starting today, AT&T Wi-Fi is available free of charge to any users at Battery Bosque in Battery Park, the north-end playground in Joyce Kilmer Park in the Bronx, and around the recreation center at Thomas Jefferson Park in East Harlem, with 23 additional park locations to follow throughout...
Drift is a bad thing in economic policy and in an economy generally, it can indicate a lack of momentum, an absence of strong policy making, or an economy that just won't answer the helm.
By Greg PeelThe Dow closed up 75 points or 0.6% while the S&P rose 0.7% to 1289 and the Nasdaq added 0.
Sadly, it was no big surprise to read a recent article in The Wall Street Journal setting out in stark detail how poorly many Americans look after their personal finances.
Facebook, the world's most popular social networking site, has rolled out a facial recognition technology to identify people in photos uploaded on its website, but the feature has stirred up controversy due to privacy issues.
The security breach at Citigroup Inc., which lost personal information of 210,000 credit card customers to hackers, is just the latest of a string of cyber attacks on high-profile companies.
The Australian Competition and Consumer Commission commenced legal action against the company for unconscionable conduct, after failing to inform customers that the business is insolvent and under administration. The ACCC wants the federal court to stop the Sydney-based firm from continuing its business.
Researchers have developed a technique that can warn patients if they will suffer from Alzheimer's at least ten years before the symptoms manifest.
Australians may be swimming in debt but that doesn't mean they're worried about it. A recent survey from insurance provider Genworth found that although most Australian home owners are among the most indebted in the world they have no problems borrowing more than their means.
Concerns about a slowdown in the U.S. economy sent the Standard & Poor's 500-stock index to its sixth straight day of losses, its longest such streak since February 2009, as investors continued to worry that the recovery has run out of steam.
The US Federal Reserve Beige book suggested that economic activity across the 12 reported Fed districts generally continued to expand albeit at a slower pace in May.
Australia needs to brace for higher electricity rates and transport costs as soon as the government implements the carbon tax. This is one of the key results of the independent study made by the designated independent team the Productivity Commission.
An Air New Zealand Boeing 767 made an emergency landing at the Auckland airport on Thursday after experiencing engine problems shortly after take-off, the airline and emergency services said.
Australia’s unemployment rate eased at 4.9 percent in May as some 7,800 were employed raising the total to 11.445 million, the Australian Bureau of Statistics (ABS) announced on Thursday. Nevertheless, the type of jobs created by the economy has been eroded with lesser full-time jobs and more part-time work offered to residents.
- Australian Institute of Management completes National Salary Survey- Survey shows a skills shortage is generating increased wage pressures- Companies are responding by becoming increasingly flexible- Training and development programs also increasing By Chris ShawThe Australian Institute of Managem...
The AUD has found support back at 1.0600 and the market believes the most likely move in the near term will be a retracement back up to the top of the trading range at 1.0760. That said, today’s employment numbers, due at 11.30am AEDT, could be a game changer. A number below 20k could see the AUD’s outlook shift to bearish.
Industrial action will soon hit the Australian coal operations of BHP Billiton as some 4000 coking coal workers are set to walk out from their job sites beginning next week, demanding from the giant resources company better pay and solid tenure assurances.
