POLITICS & POLICY

Net overseas migration going down

Net overseas migration continued its downward movement to the end of March 2010, according to preliminary data released today by the Australian Bureau of Statistics (ABS).

Telstra upbeat on a formal NBN deal with Feds

Giant telecommunication firm Telstra Corporation (ASX: TLS) is upbeat that the $11 billion non-binding agreement it struck earlier this year with the federal government on the implementation of the national broadband network (NBN) would soon roll over into a formal deal beneficial to both parties.
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RBA poised for tighter monetary policy in 2011

A steadily growing Australian economy would likely call for tighter monetary policy entailing two interest rate increases in 2011, the futures market has anticipated based on the Reserve Bank of Australia's economic outlook.

Swan insists govt has right economic plan

Treasurer Wayne Swan stressed the Gillard government has the right economic plan to address concerns that a second minerals and energy boom will create stark differences in economic prospects across states and even regions.

Gillard defends broken carbon promise

In defence to recent accusations her government was based on a lie, Prime Minister Julia Gillard explained it is not her fault that she may introduce a carbon tax.

ACCC case costs Cabcharge $15m

Taxi fare payment company Cabcharge Australia Ltd (ASX: CAB) will pay $15 million in penalties and costs related to legal action taken against it by the consumer watchdog.

Absence of NBN law raises housing issues

The much-needed legislation for establishing the operating conditions of the National Broadband Network (NBN) company is not part of parliament discussions next week.

Road management changes before 2014

A new pricing system for road use is integrated in the revised plan on competition reform which the Council of Australian Governments (COAG) has accepted.

Australia sees higher commodity exports

Australia has raised its commodity exports target this fiscal year as larger demand for coal, iron ore, and wool are now at its record high assuring higher prices for domestic exporters.

Rudd says he is positively working with Gillard

Foreign Minister Kevin Rudd claimed that he and incumbent Prime Minister Julia Gillard do enjoy a working relationship, describing his present connection with the woman who deposed him as prime minister earlier in June as ‘positive’.

ACCI joins forces with AMMA

The Australian Chamber of Commerce and Industry (ACCI) and the Australian Mines and Metals Association (AMMA) will be working for meaningful reforms in workplace relations.

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