POLITICS & POLICY

SABMiller Puts Doubt on Foster’s Financial Results

Giant global beverage company SABMiller scored Foster’s Group on Friday as it claimed that the Australian brewer utilised questionable information on its latest financial figures to likely thwart the takeover proposal lodged by the UK-based firm.

Telstra CEO Believes ACCC Will Eventually Favour its SSU

Telstra Corporation is far from being alarmed over the assessment issued this week by the country’s consumer watchdog, stating that the present form of its structural separation undertaking (SSU) leaves more room for improvements.

Gillard, Determined to Remain Prime Minister

Responding to reports of disenchantment inside Labor about her leadership in the wake of a High Court decision scuttling the government's asylum-seeker swap deal with Malaysia, Ms Gillard is remaining steadfast in the face of criticism.
More news

All Charges Dropped Against Detroit Mom Maryanne Godboldo

All charges have been dropped against Detroit mom Maryanne Godboldo, the woman who was SWAT team raided when Child Protective Services attempted to kidnap her daughter because Maryanne refused to "treat" her with psychiatric medications.

Bongs to be Banned in Victoria

The sale of bongs will be banned in Victoria next year as the State Government enacts news laws about cannabis use across the state.

Govt to Put Caps on Payday Lending Charges

The Commonwealth Government announced today it would reform the payday lending market, to help Australians who are financially excluded from mainstream financial services and struggle to live on their current incomes.

Climate Laws will Supercharge Solar, says AuSES

A not-for-profit national organisation dedicated to promoting the use of solar energy in Australia today called for all components of the Clean Energy Future package to be passed into law by the end of 2011.

RBA Chief Admits Prevailing Global and Domestic Turbulence

The gloomy state of global economy appears to be easing down on Australia’s inflation figures, according to Reserve Bank of Australia (RBA) governor Glenn Steven, but he warned that upheavals are still ahead and they can significantly upset the domestic economy.

Orica Plant Disaster: Parker Puts Blame on Staff

New South Wales Environment Minister, Robyn Parker has defended herself by criticizing the delays in informing her office about the deadly toxic cloud leaked from the Orica plant at Newcastle, telling Parliament the delay was "a matter of concern".

Rick Perry -- Big Pharma President?

Rick Perry has officially announced he is running for president, and we now face the possibility having a tyrant in control of our country.

Qantas: We Are Doing Fine Despite Stock Slide

Despite its falling stock price, national carrier Qantas Airways posted Wednesday a full-year net income of $250 million, and executives said it is a natural target for acquisition.

Big Quake Hits U.S. East Coast

The earth shook in the American East Coast on mid-Tuesday and prompted hundreds of office worker to rush out from swaying buildings, in what authorities described as the biggest earthquake to hit the region in the last 70 years.

Mining Boom: Australia Moves to Quash Economic Woes

Australian's Treasurer Wayne Swan has finally been convinced that the country's economic prospects and the sectors involved and contributing to its strength needs a major review from policy makers and industry players.

Pages