POLITICS & POLICY

Another Shoe Trouble for Julia Gillard in India

Blame it on the shoe, yet again, as Prime Minister Julia Gillard was again haunted by shoe malfunction this time in India, in which Ms Gillard stumbled down face-first when her high-heel got stuck in grass grounds she was walking on.

The Harmful Effects of Taxing Cheap Wine

How stupid and intrusive can government possibly get? Pretty stupid and intrusive, it turns out. The latest outrage is a plan by Australia's health fascists to raise taxes on cheap wine so people will stop getting drunk on it.
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Rio Tinto Q3 Iron Ore Output Up, Maintains 2012 Guidance

Despite a volatile global market, Rio Tinto still managed to jack up its iron ore production by as much as five per cent in the September quarter to 62.9 million tonnes compared from 2011, beating analysts' and industry expectations.

Australia May Be Rich in Resources But Its Citizens Are Getting Hungry

A stark study in contrast? Or a bittersweet reality? Australia may be rich in natural resources and its exports of this bounty may have propelled the nation to become one of the global economic leaders,but this abundance unfortunately still can't muster enough plenty to feed its poor citizens.

Small Firms Resume Ad Spots on Alan Jones’ 2GB Radio Program

Advertisers for Alan Jones’ controversial 2GB breakfast show have started trickling back after more than a week of absence, seemingly proving earlier analysts’ view that the exodus of corporate sponsors from the popular radio program would be temporary.

Australian Dollar Outlook - 16/10/2012

Bell FX Currency Outlook: The AUD is slightly fimer today, locally the market will pay close attension to the release of the RBA minutes today at 11.30am.

China Wants Coal Production Curbed

China, one of the world's biggest carbon emitters, wants to curb its yearly coal production growth on the existing global weak demand for the commodity as well as dwindling market prices.

Analysts Wary Iron Ore Price Rebound Will Last

Chinese steel mills may have snapped iron ore stocks last week, eventually rendering prices of the key steel making ingredient to rise, but this may not mean the momentum will last longer as analysts remained wary the trend could only be seasonal.

The Measurable Improvements of Government

What exactly went wrong in Germany? Thomas Jefferson had been dead for 150 years when Adolf Hitler came to power. But he would have recognized the broad outlines of the problem.

Politics, Narcissists and the Modern Keynesian

We've just got some random thoughts today due to our inability to think clearly on any one topic. It seems like everywhere we turn, a sledgehammer of absurdity hits us right in the face.

Global Markets Overview - 15/10/2012

The Dow Jones Industrial Average squeezed out a modest advance to wrap up a tough week for the stock market, as worries about bank profits balanced off against a jump in consumer sentiment. The blue-chip Dow finished with a gain of 2.46 points, or 0.02%, to 13328.85 Friday, after rising by as many as 75 points in early trading.

Australian Dollar Outlook - 15/10/2012

Bell FX Currency Outlook: The Australian Dollar has opened steady as concerns about growth prospects continue to plague Europe and the global economy.

Australia’s Recipients of First 100 Women of Influence Awards Named

What do Business Council of Australia chief executive Jennifer Westacott, Origin Energy chief operating officer Karen Moses, Kraft Foods chief Rebecca Dee-Bradbury, philanthropists Layne Beachley, Carol Schwartz and Debbie Dadon, and Reconciliation Australia chief executive Leah Armstrong have in common? These strong-willed and leadership-capable women have been included in the first ever conducted 100 Women of Influence awards by the Australian Financial Review newspaper and Westpac Bank.

Australia Marks 100th Year of Tasmanian Mine Tragedy

One hundred years ago this day, Tasmania encountered its worst mining disaster when 42 miners died underground in the Mt Lyell mining tragedy. Today, the town stood still to commemorate the centenary of the ill-fated event.

Global Markets Overview - 11/10/2012

U.S. stocks slumped, sending the Dow industrials toward a second straight triple-digit drop as outlooks from industrial, commodity and energy heavyweights added to concerns about a global economic slowdown. The Dow Jones Industrial Average gave up 131 points, or 1%, to 13343 in late afternoon trading, a day after posting its biggest daily decline in nearly six weeks.

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