POLITICS & POLICY

Greens decries banks fees on ATMs and loan exit transactions

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.

Labor gets shot in the arm as Nobel-winner economist lauds its economic policies

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.

Super analysis puts Bowen at work to plug holes on country’s retirement system

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.
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South Brisbane decision conflicts with own land conservation principle

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.

GPs resent health minister’s remarks

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.

Retailers’ group starts campaign against feds’ anti-smoking policy

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.

GetUp launches TV ad as Abbott delays paid parental leave

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.

Population debate will impair growth

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.

AMEC denies new anti-mining tax ads are political

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.

Teachers score delays on NSW schools maintenance works

A teachers’ group in New South Wales is expressing alarm that the state government is set to use school maintenance funds in replacing unflued gas heaters as two school principals received advisory that delays on scheduled maintenance works should be expected while the government is scrambling for replacement money.

Coles downplays parental leave levy impact on goods prices

Retail giant Coles said on Saturday that the Coalition’s proposed 1.7 percent company tax on Australia’s largest companies is more likely to carry soft impact on consumer goods prices even as company managing director Ian McLeod stressed that he was more concern on rising utility bills than the planned levy.

Miners nearing ad protest against MRRT

The Association of Mining and Exploration Companies, which represents small and medium-sized miners, is planning to relaunch an advertising blitz against the 30 per cent minerals resource rent tax.

Gillard to announce wider NBN coverage

Prime Minister Julia Gillard will be in Perth on Friday for the first time in the campaign for the federal election, and will declare that the coverage of the national broadband network will expand from 90 to 93 per cent of the country.

BAA: Government should consider biofuels

The Biofuels Association of Australia today called on both sides of the federal election to consider how renewable and sustainable fuels can play a role in directly reducing carbon emissions and balancing Australia's fuel trade deficit.

Carbon Energy says UCG project could still deliver despite contamination fears

Synthetic gas producer Carbon Energy Ltd (ASX: CNX) said on Thursday that the emerging underground coal gasification (UCG) technology should not be dismissed outright in the wake of a failed UCG project in Queensland ordered shut down by the state government this month amidst cases of water contamination on the Kingaroy site.

Swan heartened by lower inflation rate

Wayne Swan, Treasurer of the Federal Government, says he is encouraged by the newest figures indicating inflation was lower than expected for this June quarter.

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