Queensland Premier Anna Bligh is set to meet energy stakeholders on Wednesday in Townsville for the proposed hydro-electricity power plant from Papua New Guinea that would supply electricity in the state and on the side, conduct a dialogue with usual nemesis Clive Palmer.
Investments in gas-fired power plants may double and reach close to $15 billion in the near term if Australia starts to implement a stiff price on carbon emissions, Fitch Ratings said.
Peter Diamond, an economist at the Massachusetts Institute of Technology, may have won the 2010 Nobel Prize in Economic Sciences, but whether this will be enough to get him a job on the Federal Reserve remains a question.
As the country struggles to retain its global competitiveness but retaining its current energy production levels to sustain local industries, the Australian Parliament has chosen to put a price on coal emissions.
Business confidence remains high albeit a very slight tinge of wariness in the country's business sector. This is according to the latest of the National Australia Bank's quarterly business survey published today.
The National Broadband Network (NBN) infrastructure already in place would not be wasted by a Liberal government should it be voted into power come the next election.
Queensland Premier Anna Bligh called on grumbling Labor Party members to continue engaging on discussions about the state government’s planned asset sales, specifically referring to the nearing float of QR National which elicited opposition even within the ruling coalition.
To combat the threat of terrorism and crime, the Australian Parliament has decided to boost the budget of the Australian Security Intelligence Organisation.
As other countries contend with labour and economic slowdown, Australia conjures on the opposite: Addressing how to downplay the impact of redounding domestic growth on the entire Australian economy.
New South Wales would have to brace for employment cuts and other extreme measures in order to save the Murray Darling river system.
The Vatican City is set to canonise Australia’s first saint on October 17 as the federal government declared on Monday that Mother Mary MacKillop’s name would be protected from the expected onslaught of commercialisation once her sainthood becomes official.
Chinese police have put under house arrest the wife of Nobel Peace Prize winner Liu Xaobo, a former professor sentenced in December to 11 years imprisonment for his role in the Tiananmen Square pro-democracy movement.
Australia's former Prime Minister John Howard's autobiography, LAZARUS RISING: A Personal and Political Autobiography is set to be published later this month of October.
North Korean leader Kim Jong-il's son, Kim Jong-un, took the media spotlight for the second time amid a massive military parade during Sunday's celebration of the 65th anniversary of the communist state's ruling party in Pyongyang's Kim Il-sung Square.
Federal Resource Minister Martin Ferguson is back in Perth and this time he appears not ready to pick a fight with resources companies as he announced on Friday that the federal government has opened its doors on more inputs about the much-disputed minerals resource rent tax (MRRT).
The employment surge this month also translates to a wake-up call for the Australian parliament to consider its policy on migration as the country now succumbs to higher demand for labour since 2006.
Special entitlements for Queensland employees have been approved by the state parliament as the government announced on Friday that this year’s Christmas and New Year holidays would cost taxpayers up to $19 million in penalty rates.
The chairman of coal to supermarkets conglomerate Wesfarmers (ASX: WES) has joined the BHP CEP in supporting the idea of a carbon tax but thinks Australia should wait for other countries to introduce a levy first.
The Coalition said on Tuesday that it remains firm on its earlier elections stance that the Fair Work Act must be left unchanged for a maximum of three years in order to encourage certainty in the business environment.
The Reserve Bank of Australia surprised the market on Tuesday by keeping the official cash rate at 4.5 per cent and granting borrowers a reprieve.
The issues involving meager hospital staff compensation and benefits and the lack of medical supplies and equipment are not far different between those who signed for the National Health and Hospitals Network agreement and those who refused.
The Wilderness Society in Queensland expressed confidence that the state’s five-year-old Wild Rivers Act would breeze through a scheduled federal scrutiny as it stressed that the legislation not only protects rivers systems in Cape York but also encourages sustainable development.
Testing of a dengue control experiment will be conducted first in Cairns this January. The experiment comes as the only solution to the rising cases of dengue infection in Australia's favorite tropical holiday destination in far north Queensland.
New Zealand's low borrowings and excellent fiscal policy and monetary position have convinced Moody's Investors Service to give it the highest rating of Aaa credit rating.
Australian politicians are in agreement that the country’s good and services tax (GST) should be left untouched following recommendations made by the International Monetary Fund (IMF) on its report made public on Wednesday that calls for the further strengthening of consumer-based taxes.
Telstra Corporation Ltd (ASX: TLS) must think twice prior to its alleged plan of laying off thousand of workers as federal senators urged the company to consider first its corporate and social responsibility of providing stable employment in Australia.
The Australian Stem Cell Centre (ASCC) continues work on four collaborative streams as the U.S. government gets court approval for its stem cell research.
An increasing number of older people are participating in Australia's labour force, fresh data shows.
Fast-becoming giant mining firm Fortescue Metals Group Ltd (ASX: FMG) declared on Wednesday that the new players in the mining industry were poised to be penalised by the federal government proposed minerals resource rent tax (MRRT) while giant mining firms were set to gain more benefits once the measure is implemented.
Treasurer Wayne Swan has told parliament on Wednesday that the local economy was built on solid foundations and that Australia can be positive about its outlook.
