POLITICS & POLICY

Welfare Report: One in Four Australian Families Relies on Social Security Payments for Survival

According to the bi-annual report of the Australian Institute of Health and Welfare, one in every four households lives on social security payments. The annual cost of welfare has increased to $119 billion, equivalent to $1,300 for every person including children. Latest welfare data from the Australian Institute of Health and Welfare revealed that 13 per cent of the population lives in poverty with no means of income in 11.6 per cent of families. Households living in poverty meant having an a...
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Japan’s PM Abe Steps into Fukushima Toxic Water Leak in Desperate Move to Avert Potential Global Menace

After admitting in July that crippled Fukushima Daiichi nuclear plant has indeed been pouring contaminated radioactive water into the ocean waters, it was just a matter of time as to when the world will know just how much toxic liquid it actually releases. On Wednesday, the information was released and it was like World War II again. Since being damaged in 2011, the Fukushima facility has leaked a whopping 300 tonnes of radioactive water daily into the ocean.

Australian Dollar Outlook - 08 August 2013

Bell FX Currency Outlook: The Australian Dollar remains just below USD 0.9000 after a weaker US dollar suffered against all the major currencies based on the Japanese economy's outlook.

New Zealand Gets Failing Marks in Critical Environmental Tests

New Zealand’s failure in key environmental areas was announced in a high-level conference during a time when the nation’s 100 per cent pure brand is under international media scrutiny. Insights were given regarding New Zealand’s climate, energy efficiency and waterways were given in the recent Environmental Defence Society’s national conference.

Plane Bearing Sudan President Barred to Fly Over Saudi Arabia Airspace

Sudanese President Omar Al-Bashir was bound for Tehran over the weekend when his plane was barred from flying over Saudi Arabia's airspace. The sole reason was that Sudanese authorities had failed to properly coordinate its intentions to the authorities from Saudi Arabia.

2013 Meteor Shower: Perseid Meteor Shower Set to Peak on August 11 and 12 [PHOTOS]

While waiting for Comet ISON’s near-Earth approach in December, spectators can witness first a stunning display coming from the 2013 Perseid meteor shower. National Aeronautics and Space Administration (NASA) describes the annual space event as the “best meteor shower of the year” and it is set to peak during the nights of August 11 and 12.

Australian Dollar Outlook - 07 August 2013

Bell FX Currency Outlook: The RBA delivered probably one of the most widely foreshadowed interest rate cuts yesterday afternoon as the cash rate fell to 2.50% but removed their easing bias which saw the AUD appreciate after the announcement.

Australian Election Commission Twitter Account Hacked

Early Tuesday morning the twitter account of the Australian election commission was hacked and users started to get messages from the hacked account. The hacker launched a phishing attack from the hacked account aimed at getting the login details of the users

Australian Woman Conned Into Buying Apple Fruits Instead of iPhones!

An Australian lady was conned into buying two apple fruits in a box for 1200 dollars, believing them to be Apple smart phones, reported NDTV. Buying from people online can be very tricky, a 21 year old Australian lady learnt firsthand. The lady who was not named, posted an ad online in the Gumtree Web site. She wanted to buy two Apple smart phones. She was contacted by another lady who said she had “two apples” for sale.

Fonterra Scare: 100% Pure New Zealand Campaign Called a "Festering Sore" by Chinese News Agency

A state-run news agency in China has not stopped in delivering sharp attacks about New Zealand in the wake of Fonterra's botulism scare. The Chinese news agency called New Zealand's 100 per cent pure Pure campaign to boost tourism, a "festering sore". The agency also declared that homes in New Zealand were leaky, damp and uninhabitable because of free market ideology.

Liberal Party Candidate Jaymes Diaz Disastrous Campaign Interview Goes Viral

Australia’s first day of election campaigning has become a disaster for Liberal Party’s Jaymes Diaz. The candidate for the Greenway district in western Sydney was unable to name his own party’s Coalition policy during a television interview, and his gaffe is going viral online.

Australian Dollar Outlook - 06 August 2013

Bell FX Currency Outlook: The Australian Dollar has opened slightly higher this morning after a relatively quiet session offshore overnight.

Twitter Gears Up to Protect Women from Online Abuse

After coming under heavy attack by the media, Twitter finally decided to take steps to check online abuse especially towards women. The Twitter Web site will now have a “report abuse” button, which is currently available in the Twitter app in iPhones, allowing users to stem the tide of the growing “trolls” online, reported Reuters.

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