With a deadlocked election results and a prospect of no definite government in place for a few more days, CommSec said that Australia may be in for some overhauls which could render an uncertain market conditions, temper the ambitious NBN project and finally seal the demise of the polarising mining tax.
Three of the biggest southeast Queensland councils have to recover more than $32 million in unpaid rates and charges. The overdue rates have been outstanding for at least three years and are not the subject of court action.
Investors sent Australian telco giant Telstra (ASX: TLS) shares down more than 6 per cent to a record low as prospects of a hung parliament cast doubts about the future of its broadband plans and the wider telecommunications industry.
Uncertainty surrounding the election outcome is providing no clear future for the national broadband network or Telstra (ASX: TLS).
The unions presses on against WorkChoices even if the nation apparently expressed doubts over the Labor party's capability to run the economy.
The health care industry hopes for a new government that would listen.
The Australian dollar and the share market are expected to go down further this week as the Labor party and the Coalition begin efforts to form a hung government.
The Labor Party bought more airtime for television advertisements than the Coalition. The advertisements from both camps, though, carried negative messages.
Labor's Julia Gillard offers male voters a tempting forthnight-long paid leave. The incentive, though, comes with a catch. One has to be the father of a new born.
Doctors may just have to be patient before recommending kidney dialysis. A recent study shows that proper monitoring of patients suffering from kidney malfunctions results in the same conditions experienced by patients placed under early dialysis.
World Small Animal Veterinary Association (WSAVA) chair Michael Day disclosed the advice amidst talks that many Australian veterinarians are over vaccinating pets. He said the problem of unnecessary vaccinations is being compounded by labels on the vaccine bottles. Labels carry the prescription that the contents can be used annually.
A group of university economists issued an open letter on Monday praising the Labor-led federal government for its outstanding handling of the Australian economy during the height of the global financial crisis, which they said saved the country from sliding into the pit of recession.
With most Australians giving their thumbs of approval to Federal Treasurer Wayne Swan’s handling of the economy, Shadow Treasurer Joe Hockey downplayed on Monday the latest survey results, stressing that most of those polled were clueless on the true state of the country’s economy.
Junior miners welcomed Tony Abbott's $418 million election pledge, saying the incentive will help lessen the damage to exploration investment confidence caused by Labor's resource tax.
The present corporate legislation must be reformed to improve transparency and fairness in the capital raising system, a leading financial research firm has said.
Business leaders are claiming that Australia and New Zealand could both slash emission levels by at least 15 per cent and save cash in the process.
New Zealand retail sales has risen four times more than analysts have estimated in the second quarter, which would give more room for central bank Governor Alan to keep raising interest rates.
Deputy Prime Minister Wayne Swan said on Friday that the Liberal Party needs to adhere on today’s 5:30pm deadline of submission for their spending commitments but the opposition refused to budge, accusing instead the Treasury as the source of the leak on their policies.
The controversial debates in the mining sector have hit Australia's reputation as a safe destination for mining investment and exploration, according to a survey.
Financial Services Minister Chris Bowen has put up a new challenge to the Coalition as the latter had been explicitly against the government's plan to increase the SG to bridge the foreseen $695 billion lacking funds.
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.
