POLITICS & POLICY

Julia Gillard: Labor Prepped Up for a 2013 Re-election

The Coalition mocks her 935 days of being the nation’s chief leader, marked on Sunday, but Prime Minister Julia Gillard appears all geared up in further extending her grip on the job she inherited from former Labor leader Kevin Rudd.

Aussie Gun Owners Rise; 3.2 M Guns Privately Held

Despite tough national controls and a guns buyback program instituted by then Prime Minister John Howard, the number of Australians owning guns have risen and are already actually parallel to the number in circulation prior to the 1996 Port Arthur shooting massacre.
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Ellen DeGeneres Brings Show to Australia

Ellen DeGeneres is Australia bound! The Hollywood talk show chatterbox, Ellen, who has a fan base even in the Asia-Pacific, is bringing her light and easy banter Down Under like contemporary Oprah last year.

Australia Braces for First Tropical Storm Narelle

While other state parts are being ravaged by simultaneous bushfires, residents off the northern coast of Western Australia prepares for tropical cyclone Narelle, the country's first for the Dec-April tropical storm season.

4 Parodies, 10 Memes to Explain the U.S. Fiscal Cliff

Toward the end of 2012, while the rest of the world was talking about the Mayan prophecy that speculated an apocalypse on Dec 21, 2012, the United States was dealing with a major financial and political problem that led to the popularity of the words fiscal cliff.

Global Markets Overview - 11 January 2013

Financial shares led broad gains in major benchmarks, as market-watchers found reasons for bullishness in economic data. The Dow Jones Industrial Average rose 42 points, or 0.3%, to 13433. Bank of America paced the blue chips, rising 2.5%.

Global Markets Overview - 10 January 2013

Investors kicked off the latest quarterly-earnings series with broad-based gains. The Dow Jones Industrial Average rose 61 points, or 0.5%, to 13390, in Wednesday afternoon trading.

Australian Dollar Outlook - 10 January 2013

Bell FX Currency Outlook: The Australian Dollar shrugged off weaker domestic data and remained well supported opening back above 1.0500 against the U.S. greenback this morning after what was a lacklustre overnight session.

Global Markets Overview - 09 January 2013

Slumping telecommunications and industrial shares weighed on U.S. stock benchmarks as investors struck a cautious tone ahead of corporate earnings season. The Dow Jones Industrial Average shed 71 points, or 0.5%, to 13313 midafternoon trading on Tuesday. The S&P 500 gave up seven points, or 0.5%, to 1455, extending its slide from a five-year closing high on Friday.

Australian Dollar Outlook - 09 January 2013

Bell FX Currency Outlook: The Australian Dollar remains steady after a quiet night in offshore markets. Australia: In contrast to every other trading day so far this year, the negative correlation between risk sentiment and the US Dollar has reasserted itself in overnight markets.

Australia Retailers See Further Price Reductions in 2013

Australian shoppers on the lookout for great, massive bargain finds may well ought to splurge these first few months of 2013 as retail businesses prepare to further slash already discounted items for sale just to be able to overcome the sector's burgeoning sales slump and somehow boost profit.

Bushfire Prone Australia: What to Do and Prepare

With Australia experiencing its first massive bushfire catastrophe in 2013 in Tasmania, it would be best to start doing a checklist of what to do in the event a bushfire erupts in your place, as well as a list of things to prepare in case you decide to battle out the bushfire yourself.

First Bushfire Catastrophe Hits Australia in 2013

Barely a few days into the first month of the new year 2013 and Australia has experienced its first worst bushfire catastrophe in the state of Tasmania where more than 100 people have been reported missing and more than 100 properties ravaged down by more than 40 burning bushfires.

Tasmania Bushfire: Police Braces for Deaths [PHOTOS]

Tasmania Police Inspector John Arnold confirmed that majority of the 100 names listed on the missing persons list were finally located amidst the horrible Tasmania bushfire. According to ABC Radio reports, Inspector Arnold also declared that there is no death report yet based on the information that the police currently have.

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