POLITICS & POLICY

Solar Eclipse in Australia Attracts Travelers

People who wish to see the amazing two-minute solar eclipse have started gathering on the far north of Queensland. On November 14, shortly after dawn at 6:30am, the Australian sky will grow darker as the moon passes in front of the sun. Without any weather disturbance, the sky-gazers will witness a black disk in the sky with the sun’s shining halo surrounding it.

Coalition Prohibits Acquiring Nuclear Submarines for Australian Navy

The Coalition’s defense spokesman dismissed the suggestions of his colleagues that Australia should think about acquiring nuclear submarines in replacement of the Collins-class subs. Senator David Johnston responded to reports about the senior coalition MPs claim that buying or leasing Virginia-class attack submarines, armed with conventional weapons including cruise missiles, would be backed-up by the Obama administration.

Australia Solar Eclipse Nov. 13 (11:30 AM AEST), Watch it Online Here

Are you a solar eclipse watcher fanatic who wants to see this year's celestial phenomenon in Australia but unfortunately can't fly to Down Under because of varied seasons? There's still good news for you because Slooh Space Camera will broadcast a free, real-time feed of the stunning total solar eclipse live from Cairns, Australia.

Australian Dollar Outlook - 12 November 2012

Bell FX Currency Outlook: The Australian Dollar is trading close to the 1.0400 level after a fairly tight trading range on Friday night as markets evaluate the likelihood there will be some agreement before the "fiscal cliff" in the US is reached in January 2013.
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Australian Dollar Outlook - 09 November 2012

Bell FX Currency Outlook: The Australian Dollar has languished just over the 1.0400 level as Australia's employment data was slightly better than expected yesterday but financial markets continue to be more concerned about the "fiscal cliff" issue in the US.

Uranium Miner Issues Advisory of Potential Traffic to NT Travellers

Australians going to NT this weekend ought to brace for potential gridlocks as well as changes to their time travel itineraries as uranium miner Energy Resources Australia (ERA) prepares to transfer heavy equipment for three Saturdays starting this coming weekend from Darwin to Jabiru, at speeds of only 30kmph.

Lynas Malaysian Plant Cleared, Wins High Court Approval

Australian miner Lynas Corp. can finally proceed in finishing the construction of its rare earths processing plant facility in Malaysia after a High Court ruled out the complaint filed by Malaysian activists against the plant.

ABS Reports of October Job Upticks

The Australian economy pulled a pleasant surprise as government data showed the nation’s jobless rate in October steady at 5.4 per cent, veering off from economists’ projections of 5.5 per cent for the month.

Australian Dollar Outlook - 08 November 2012

Bell FX Currency Outlook: The Australian Dollar is almost half a US cent lower after US Obama's historic victory for a second term, as concerns about the US economy overshadowed the euphoria over the result.

Four Winners in $100M Oz Lotto Draw Equals Four Dreams Realized

Four Australians, two from Victoria and one each from Queensland and New South Wales, capped their respective Tuesday nights in what seemed to be a page plucked from a fairytale book. Each knew their dreams had somehow been realized with a call informing them of their lottery winnings.

Respected Malaysian Nuclear Physicist Defends Lynas Plant

Datuk Dr Looi Hoong Wah, a respected Malaysian nuclear physicist and consultant physician, has defended the beleaguered rare earths processing plant of Australian rare earths miner Lynas Corp. in Kuantan, saying the allegations being spread by its opponents are fabricated lies that bear relations to the country's upcoming general election.

Betting Scandal Taints Melbourne Cup

The integrity of the Melbourne Cup is now being questioned after champion jockey Damien Oliver reportedly confessed guilty to allegations that he placed an A$10,000 bet on a rival horse two years ago.

RBA Opts to Retain Cash Rate at 3.25%

The experts were correct in their forecast that the Reserve Bank of Australia (RBA) will retain the current 3.25 per cent overnight cash rate when the central bank's monetary committee met on Melbourne Cup Day on Tuesday, Nov 6.

Australia Gets Ready for November 14 Total Solar Eclipse

Apart from today's Melbourne Cup, another reason for jetsetters, kibitzers, stargazers and what nots to pack their bags and travel to Australia is the highly anticipated total solar eclipse on November 14, an hour after sunrise (afternoon of Tuesday, November 13, in the United States).

Melbourne Cup Wont be Hampered by Lightning Strikes in South Australia

After being battered with more than 100,000 lightning strikes on the afternoon of Monday till midnight, emergency crews are racing overtime to restore power in most of South Australia, which have left tens of thousands without electricity, in time for the highly-anticipated Melbourne Cup today.

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