POLITICS & POLICY

Ai Group petitions Fair Work to avoid uncertainty and risk with bargaining laws

Australian industry lobby group Australian Industry Group (Ai Group) has filed an appeal with Fair Work Australia to overturn a decision which is creating uncertainty and risk for employers who have reached agreement with their employees over the terms of an enterprise agreement, Ai Group Chief Executive Heather Ridout said today.

Group lambasts union restriction on contractors

The Australian Industry Group, an umbrella organisation of Australian industries, on Thursday called to Fair Work Australia (FWA) to voice its opposition to the approval of six further enterprise agreements which replicate the terms of an Electrical Trades Union (ETU) pattern agreement for the electrical contracting industry in Victoria.
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RBA keeps interest rates unchanged at 4.75%

The Reserve Bank of Australia has kept its benchmark interest rates at the highest level of 4.75 percent as typhoon floods continue to hamper coal mining in the Northeast and the competitive currency eases inflation fears.

Treasurer Swan not so keen of ASX-SGX merger

Singapore Exchange Ltd (SGX) has been informed that there is a big possibility that its proposal to $8.4-billion take over the local Australian bourse will be rejected by Australian Treasurer Wayne Swan.

Gov’t introduces new rules to keep ageing Australians in work place

The Australian Government has introduced new rules to keep the country's mature age workforce in recognition of their skills and experience. The regulations are part of the government's commitment to find new ways to support mature age workers to remain in the workforce and continue to contribute to the economy.

Australia, Singapore: Least Tainted with Corruption--survey

Dealing with the government and private sector in countries Australia and Singapore were perceived to be the least tainted with corruption, a new survey made by Hong Kong-based Political & Economic Risk Consultancy, Ltd.'s (PERC) latest Asian Intelligence report indicated.

World needs nuclear power despite Japan crisis

A nuclear expert on Wednesday said that the world, especially Japan needs nuclear power despite the ongoing crisis. Professor George Dracoulis said that Japan relies on nuclear power for about 30% of its electricity.

NBN bills pass both Houses of Parliament

Australia's Houses of Parliament on Wednesday approved two bills setting out the regulatory framework for the National Broadband Network. The move was quickly welcomed by the Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy.

One in three women suffer post-sex blues

Researchers at the Queensland University of Technology (QUT) have found that one in three young women or 32.9 percent experience post-sex blues. The study was conducted amongst 200 young women who admitted that post sex blues is not a sexual behaviour commonly discussed.

Global digital economy to transform businesses

Australian Prime Minister Julia Gillard on Wednesday said that the National Broadband Network would offer unprecedented opportunities for West Australian businesses to diversify and tap into new markets.

Property Council: ULDA good for Queensland

The Property Council of Australia has raised concerns over comments made by Lord Mayor Campbell that the powers of the Urban Land Development Authority (ULDA) would be wound back under a LNP State Government.

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