Once re-elected, the Labor-led government will work on a legislation that will create a unitary regulatory body for Australia’s oil and gas industry.
Recent reports of major banks in Australia showing massive profits may become an election issue as a senator criticise the big lenders.
Toyota Motor Corporation joined the global sanctions against Iran as it announced on Wednesday that it is halting all auto shipments into the country as the international community steps up its efforts to dissuade the pariah nation from pursuing its nuclear program.
Fortescue Metals Group chair Andrew Forrest told businessmen gathered in Tasmania on Wednesday that the revised mining tax being pushed forward by the Labor-led government of Prime Minister Julia Gillard only favoured Australia’s big three mining firms.
Prime Minister Julia Gillard is all set on face off confrontation with opposition leader Tony Abbot on Wednesday and she carries with her some potent ammunition in the form of a pledged $2.1 billion rail services repair projects in Western Sydney.
The Australian Association of Convenience Stores (AACS) announced on its website Wednesday that it is withdrawing from the alliance that challenges the federal government’s proposed plain packaging for retailing cigarettes.
A major study to be launched in Brisbane today revealed that many Queensland family business owners have been pressured to postpone retirement plans by the dramatic fall in the value of their business and their retirement savings.
About half of Australian business leaders are doubtful that the country is heading the right way on a number of policies and chief among their concerns were infrastructure priorities and superannuation guarantees.
Traditional land owners of the aboriginal Arnhem Land called on the Northern Territory government on Friday to halt the planned off coast manganese exploration projects by a company until such time that actual consultations have already been conducted with them.
Deputy Prime Minister Wayne Swan said on Friday that the new monetary policy statement of the Reserve Bank of Australia (RBA) is a solid testament to the country’s stable financial condition, in its observation that Australia emerged from the economic downturn in a much better shape than most economies.
The Australian Greens Party said on Friday that they would work on stopping the country’s four major banks from collecting $2 inter-bank ATM transactions, which they asserted is being shunned by financial institutions in the United Kingdom.
Nobel-laureate Joseph Stiglitz said on Friday that Australia has the Labor-led government to thank for when it steered the country out of harm’s way during the 2008 global financial crisis, indicating that such track record is hard to ignore when the time comes for electing new set of leaders come the August polls.
Yesterdays farmers' and environmentalists' rally at Parliament House has put the spotlight on the State Government and the LNP Opposition over their support for dirty industry, according to Queensland Conservation.
Australia’s superannuation system is still plagued by noticeable loopholes and requires some serious tinkering, that according to Superannuation Minister Chris Bowen as he reacted on ABC’s Thursday news that the country’s retirement fund only managed to collect an increase of three percent in returns since 1997.
The Alliance of Australian Retailers today called on the government to abandon its policy to require plain packaging for tobacco.
Hard-working Australians are in danger of losing their right to claim work-related expenses, and may even lose their tax refunds if Labor wins the next federal election and moves to adopt a key recommendation of the Henry Report, according to National Tax & Accountants' Association (NTAA).
Deputy Prime Minister Wayne Swan expressed elation on Thursday that former Prime Minister Kevin Rudd vowed to campaign for the Labor Party once he has recovered from his gall bladder surgery.
Cancer Council Australia and the National Heart Foundation of Australia today called on all political parties to back the plan to phase in plain packaging of tobacco products, as a new, big-budget media campaign funded by the tobacco industry seeks to roll back the important health measure.
The Property Council of Australia today said that the State Government's move to decrease possible building heights in the South Brisbane area contradicts with the intent of the Government's own South East Queensland Regional Plan (SEQRP) and will negatively affect landholders in the area.
Deputy Prime Minister Wayne Swan calls on opposition leader Tony Abbot to convince his ‘friends’ in big tobacco companies to halt their ad campaigns against the federal government’s plain cigarette packaging measure.
Family doctors will resent comments made by the Federal Health Minister Nicola Roxon that GPs who have medical practices near government-funded Super Clinics need to question the services they offer, said Dr Adrian Sheen, President of Doctors Action.
Big tobacco companies appear to be taking the offensive this time against the Labor government’s anti-smoking campaign as the Daily Telegraph reported on Wednesday that the Alliance of Australian Retailers (AAR) paid for a full-page advertisement in tomorrow’s newspapers outlining its apposition on the federal government’s policy against cigarette use.
Babcock & Brown was solid enough and well positioned to face any financial troubles for at least ten months prior to its failure, according to the testimony given by the investment bank’s former director before a Federal Court on Tuesday, as investigation on the bank’s failure continues.
Fortescue Metals Group chair Andrew Forrest said on Tuesday that the federal government would be better off should it decided to completely dump the proposed mining resource rent tax as it would only benefit Xstrata, BHP Billiton and Rio Tinto, three of Australia’s largest mining firm.
After parodying Julia Gillard's climate policy in a TV ad earlier this month, GetUp, an independent Australian advocacy organisation, has turned its attention to Tony Abbott in a new commercial featuring the Coalition leader's statements about abortion, the cervical cancer vaccine and the role of women in society.
Prime Minister Julia Gillard said on Tuesday that her government is all about job creation and retention and the Australian economy as a whole, as she pointed to Labour’s sterling record of economic management, which she asserts could easily speak for itself.
Working people in the Northern Rivers are concerned about what an Abbott-led Coalition Government would mean for them, according to Secretary of Unions NSW, Mark Lennon, who has spoken to labor forces in the area over the last 24 hours.
Wages have accelerated in New Zealand as exports picked up at a faster and stronger pace.
Australia's population should be allowed to expand much bigger so the nation would have enough labour to capitalise on China's demand for commodities, according to economic commentator Niall Ferguson, who called the debate about curbing population growth pathetic.
The Association of Mining and Exploration Companies (AMEC), which represents junior and mid-tier miners, has begun a new advertising campaign against the Gillard government's resources tax but dismisses it as it is politically influenced.
