Economic reform is the key for Australia’s long term prosperity and according to Prime Minister Julia Gillard, this agenda should be the driving force of any government leading the country.
The Australian Bankers' Association (ABA) remains concerned with the direction of the Coalition's proposals on bank regulation, although it said the industry welcomes clarification of the Shadow Treasurer's comments.
Rio Tinto Ltd's (ASX:RIO) would still pursue its planned Oyu Tolgoi copper and gold project in Mongolia despite some strain with Canadian partner Ivanhoe Mines.
Chi-X Global Inc. is still set to work towards launching in March 2011, in spite the growing threat of a tougher competitive environment with the bid takeover of the Singaporean bourse of rival ASX Ltd.
Support for the Australian Labour Party has declined in the latest opinion polls survey released by the Nielsen Group.
Queensland government’s intense campaign for obtaining approval on two huge coal seam gas investments on the central part of the state paid off as the federal government gave its go signal on the projects but with substantial conditions.
The Australian bond market stands to benefit from the so-called quantitative easing imposed by the US government to prop up the US dollar.
Farmer-Shareholders of food producer SunRice are seriously considering the $600-million offer of Spanish firm Ebro Foods.
Banks on Friday defended their recent practice of hinting rate hikes in response to the competition watchdog's comments that announcing intentions about interest rate movements could almost be anticompetitive behaviour and the subject of possible action.
The competition watchdog today joined the campaign for closer regulation of Australian banks.
Queensland state authorities called on Federal Environment Minister Tony Burke to approve two new gas projects that they said would deliver up to $30 billion worth of fresh investments and bolster the Australian economy.
Former Australian Prime Minister John Howard revealed his distaste of his deputy prime minister in a memoir scheduled for publication next week, describing Peter Costello as an elite politician who was out of touch with the Australian public.
U.S. Secretary of State Hillary Rodham Clinton joined the the growing high-profile personalities offering support to teenagers who are suffering from bullying in the wake of a growing number of suicides linked with bullying in and outside school.
Prime Minister Julia Gillard is urging the Opposition to not delay the Telecommunications Legislation Amendment Bill 2010, or Competition and Safeguards Bill, introduced to Parliament yesterday, warning that "every day of delay for these reforms is a day of higher prices and less choices."
Australia's Treasurer Mr. Wayne Swan has warned opposition representative Joe Hockey of his proposal to put federal government reins on the banking industry.
Interest rate limits are welcome, but more reforms are needed for Australian banks, according to the Finance Sector Union.
Communications Minister Mr. Stephen Conroy has urged Australian territories and states to implement the national broadband network (NBN) to properly interconnect the whole of Australia.
Opposition shadow treasurer Joe Hockey on Thursday demanded Treasurer Wayne Swan to compel Australian banks to follow the adjustments put forward by the Reserve Bank, but lenders are calling the Coalition's interest rate policy dangerous.
Federal authorities confirmed on Thursday that an investigation is underway on alleged security loopholes in Darwin’s immigration facilities following the lapses that occurred last month, which was punctuated by a peaceful protest of detained immigrants who sprung out from the centre.
Federal Treasurer Wayne Swan needs to swing into action and compel Australian banks to follow the policy rates put forward by the Reserve Bank of Australia (RBA).
Australia's three top mining companies have called a meeting with the government to clarify the tax agreement seen on the brink of collapse.
The Victorian Farmers' Federation (VFF) has set up a fund to fight the plan to water entitlements and affect irrigation projects in the Murray-Darling River Basin.
Any upward adjustments in the mining royalty rates to be implemented by states and territories will all be unacceptable to Prime Minister Julia Gillard as this would put Australia's top mining resources industry at risk.
The Australian mining industry and authorities are again headed for another serious debate with regards if taxes and royalties issues are not resolved immediately.
Coalition's lack of commitment to superannuation reform was stoking uncertainty for Australian workers saving for their retirement, the Australian Institute of Superannuation Trustees (AIST) said today.
Wary of sending out a wrong signal, NBN Co chief executive Mike Quigley refused to divulge the exact cost of the initial National Broadband Network three sites roll out in Tasmania, stressing that cost speculation is purely non-sense.
The frequent earthquakes have been discouraging to some local residents in Christchurch and the rest of Canterbury.
Australia bested only South Korea in the list of six major trading partners that implement measures in reducing carbon pollution dependence, this according to the Vivid Economics report commissioned by The Climate Institute.
External factors especially higher commodity demand from Australia's trading partners will further trigger the rise of the Australian dollar, which is still seeking parity with the U.S. dollar.
Picking up the pieces after its twice failed efforts on emission trading scheme, the federal government has decided to enlist the collective minds of a multi-sectoral group that would infuse fresh ideas on its climate change policy.
