POLITICS & POLICY

Australian government to replace medals lost in natural disasters

Parliamentary Secretary for Defence, Senator the Hon David Feeney, today announced that the government will relax the policy on replacement of Australian Defence Force (ADF) medals so that medals lost during the Queensland and Victorian floods, the impact of Cyclone Yasi and the fires in Western Australia can be replaced.

Industry supports O’Farrell's calls for infrastructure reform

NSW Opposition Leader Barry O’Farrell’s speech to the National Press Club today makes a reasoned case for reforms to drive better infrastructure and productivity outcomes, says Infrastructure Partnerships Australia, the nation’s peak infrastructure industry group.
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Swan predicts economic contraction for Q1 due to disaster damages

Federal Treasurer Wayne Swan confirmed earlier projections by economists that a slow down would characterise the first three months of the Australian economy as it starts to absorb the impacts of the twin disasters that ravaged the northern states of the country from December last year through the last week of January.

Egyptian protesters want Mubarak and his team to depart immediately

Concessions offered by the beleaguered government of Egyptian President Hosni Mubarak were rejected as opposition leaders demanded on Monday for the immediate end of his 30-year rule as demonstrations calling for his ouster entered their 14th day, which has rattled this North African nation.

McClelland slams Abbott’s call on floods policy

Attorney-General Robert McClelland has slammed Tony Abbott’s calls for $100,000 low interest loans for small businesses affected by natural disasters in Queensland, saying this is $150,000 short of what’s already available for victims of the recent floods.

More Aussies wait in Egypt for delayed Qantas plane

Australians waiting to be evacuated from tension-filled Egypt may have to wait for awhile in escaping from the unrests gripping the North African nation as the second chartered Qantas plane dispatched by the government to fetch them got stuck in Germany.

Obama to lose big Arab allies

The sense of fear and anxiety underlined the dilemma facing Washington, which is working behind the scenes to push Mubarak aside without terrifying autocratic allies in the region.

Swan unlikely to reappoint McKibbin to RBA board

A third term for Reserve Bank of Australia (RBA) board member Professor Warwick McKibbin is unlikely when his tenure wraps up this year, according to Federal Treasurer Wayne Swan, who added that McKibbin has had a long stay on the board.

Wikileaks exposes vanity and bizarre world of Libyan leader Gaddafi

Wikileaks have exposed the vanities and the bizarre world of Libyan leader, Col. Muammar Gaddafi in the documents that have now reached the world wide web. Written by British diplomats, the said documents were released by Wikileaks to The Daily Telegraph, which also highlighted the unusual ways Britain has been undertaking to strengthen its relationship with Libya.

Iran could have nuclear weapon by 2012: Britain

Western powers should work on the assumption that Iran could have a nuclear weapon by next year and an Israeli intelligence assessment of 2015 could be over-optimistic, British Defense Secretary Liam Fox said on Monday.

Commonwealth Bank Group allocates $57 million for flood affected customers

The Premier of Queensland, Ms Anna Bligh and the Commonwealth Bank Group's Chief Executive Officer have announced a comprehensive flood assistance initiatives totalling over $57 million to help the Group's customers and communities affected by the recent floods that have occurred in Queensland, Victoria and other affected States.

Sydney’s business district grows fresh crops

Sydney Lord Mayor Clover Moore on Monday announced that the city's central business district (CBD) is starting to produce fresh crops as vegetable patches throughout the CBD has transformed the city as part of the 'Live Green' summer planting program.

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