POLITICS & POLICY

Carbon Legislation Punishes Coal Industry

The carbon legislation contained a 'poison pill' which would forever exclude coal mining from being treated the same as every other trade exposed industry, the coal sector claims.

Qantas Wins ACCC Nod on American Airlines Partnership

Facing the spectre of labour unrests and leadership shakeup from roll-over crises last week, national carrier Qantas Airways won a much-needed reprieve on Monday as Australia’s competition watchdog provisionally approved the company’s proposed alliance with American Airlines.
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World Population Hitting 7 Billion by end-2011

The global population is expected to reach seven billion this year, according to a study made by the National Institute of Demographic Studies (INED) in France, which was published on Thursday.

Australia's Banks Cut Down Term Deposit Rates

Australia's small and big banks have cut down the term deposit rates of their bank products, which could discourage consumers from hoarding cash and explore other investment options.

Australia Stock Market Close 08/16/2011

MARKET CLOSE (4.30pm AEST)The Australian sharemarket pulled back in the second half of trade to wipe out a portion of yesterday's stellar gains. The ASX 200 index (XJO) fell 0.8 pct or 35.6 pts to 4247.3 while the broader All Ordinaries index (XAO) dropped 0.7 pct or 29.5 pts to 4317.3.

Australia Stock Market Close 08/15/2011

MARKET CLOSE (4.30pm AEST)The ASX 200 index (XJO) rose 2.6 pct or 110.3 pts to 4282.9 while the broader All Ordinaries index (XAO) is up 2.6 pct or 108.9 pts to 4346.8. All sectors managed to post solid gains today, with the energy and mining sectors leading the way.

Top Ten List of America's Most Hated People [PHOTOS]

America never forgets. Or at least, it takes time for this “big great nation to heal”. After all these years, names who may have been big in the first place and became bigger after being implicated in murders or scandals and hot issues Americans feel strongly against, pay the price for being remembered for what they had done or embroiled themselves into.

Australia Stock Market Report - CLOSE - 08/11/2011

It was another interesting session on the Australian share market, as investors reacted to fresh sovereign debt worries out of Europe and a surprise rise in the local unemployment rate. The All Ordinaries Index (XAO) fell 1.5pct on open, outperforming near 5pct losses witnessed on Wall Street overnight.

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