Latest Australia News
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Stocks to watch at noon on Thursday
Stocks to watch on the Australian stock exchange at noon on Thursday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - down 2.00 cents, or 1.80 per cent, at $$1.09 Cattle farmer Australian Agricultural Company (AACo) is continuing to negotiate the sale of a major piece of land in Queensland after it was passed in at auction. JHX - JAMES HARDIE INDUSTRIES PLC - down 15 cents, or 1.43 per cent, at ...
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Powerful $US pushing $A lower
On Wednesday night, Fed chairman Ben Bernanke confirmed to a Congressional committee that it was likely the central bank's $US85 billion-a-month program would be wound down by the end of the year. That was later confirmed when the minutes of the Fed's most recent policy making meeting revealed there'd been discussion about reducing bond purchases. LTG Goldrock director Andrew ...
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Hodges will tackle Bulldogs in NRL clash
Brisbane coach Anthony Griffin expects Canterbury to carry out its own medical examination of Broncos centre Justin Hodges at ANZ Stadium on Friday night. Hodges was spared the late contact work at training on Thursday morning but will carry the remnants of a painful rib injury into what is tipped to be a bruising encounter with the Bulldogs, up against likely Origin rival Josh Morris. Hodges ...
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Mariners stay proud despite ACL loss
In the end, Central Coast just didn't have any more to give. Wednesday's 3-0 defeat to Guangzhou Evergrande was a tough result to end a campaign that peaked with the Mariners' maiden A-League title and their first-ever appearance in the knock-out stages of the Asian Champions League. The Mariners made it clear they were not embarrassed by their exit from the ACL, despite a 5-1 ...
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Woman pleads guilty over WA babys death
A 35-YEAR-OLD woman has pleaded guilty to causing the death of a baby boy while he slept in his nursery in Perth's northern ...
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Im not dead Aussie actress debunks hoax
AUSTRALIAN actress Abbie Cornish is the latest celebrity to be targeted by a death hoax online - with a Facebook page titled 'R.I.P Abbie Cornish' attracting almost 1 million ...
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Black day for car industry Abbott
Everyone associated with government must help the sector, he said.Ford Australia president and CEO Bob Graziano said on Thursday the company made a loss of $600 million over the past five years and would close its Australian manufacturing business by October 2016, with the loss of 1200 jobs.Mr Abbott, speaking to reporters in Hobart, said it was incumbent on everyone associated with government ...
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Young woman killed in NSW head-on crash
The crash happened about 9.40pm (AEST) on Wednesday near Boggabri, northwest of Tamworth, police said.The 26-year-old was the only occupant in the car and died in the collision.The 64-year-old male truck driver was not ...
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Abbott would rip school funding up Swan
He visited Coogee Public School, in Sydney's east, on Thursday and said the school stood to gain an extra $1.6 million over six years under the Gonski reforms, which would bring an extra $3.27 billion in commonwealth money to NSW schools over the same period.Mr Swan said the windfall would disappear under a Tony Abbott-led government."It's good to see this leadership happening in ...
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Sydney mum tells killers she hates them
With those words a grieving mother has faced the four killers of her 22-year-old son in a Sydney court."You have no idea what you have done to my family," Margaret Lefoe told Sean Robert Sutcliffe, Darren Michael Hoskins, Darren Troy Moulds and Michael Patrick Brown in the Supreme Court in Sydney on Thursday."You can't imagine the guilt we feel that while you were killing our ...
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Hunting in national parks safe OFarrell
HUNTING to eradicate feral animals in national parks should not be confused with conflicts that arise between hunters and private property owners, NSW Premier Barry O'Farrell ...
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Corby brother loses defamation claim
However, proceedings launched by the convicted drug smuggler's mother Rosleigh Rose and her sister Mercedes Corby continue.Ms Rose, Mercedes and Michael Corby Junior, took Fairfax journalist Eamonn Duff and Allen & Unwin publishers to court over Mr Duff's 2011 book about the Corby family.They claimed the book defamed them by alleging they "are liars, are greedy, have callously ...
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Mourners farewell cruise ship hero
AMBULANCE officers have formed a guard of honour for the family of a 30-year-old paramedic lost at sea while trying to save his girlfriend after she fell from a cruise ship off the NSW ...
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Qld woman stabbed during torture ordeal
The woman, 26, was treated in hospital for a number of non-life threatening injuries after the ordeal in Cairns on Tuesday evening.A man, 25, was charged on Wednesday morning with three counts of assault, unlawful wounding with intent to do grievous bodily harm and serious assault of a police officer.Officers say a further charge of torture was laid on Thursday morning.A police spokeswoman told ...
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Ford Australia to stop making cars
Ford is closing its two Australian auto plants and ending production of cars including the Falcon in 2016 amid soaring manufacturing costs and plummeting sales. The closure of the automaker's plants in the state of Victoria will mean the loss of 1,200 direct jobs, as well as affecting industries that supply parts and support, and will leave Ford as an import-only brand in Australia. Ford ...
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Slipper charged with Cabcharge misuse
PETER Slipper will still be fighting accusations he misused taxpayer-funded taxi vouchers to tour Canberra wineries after the September ...
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Aussie dollar still falling
The Australian dollar keeps falling and Uncle Sam is completely to blame.The currency is plumbing one-year lows, heading past 96.50 US cent today, after being above parity for most of the past year.As the US economic recovery gets a bit stronger, there's more talk the US Federal Reserve could soon end its program called quantitative easing (QE) - whereby it buys bonds from banks to ...
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Ford closures a manufacturing watershed
THE loss of 1200 jobs at the Victorian operations of Ford is a watershed for Australian manufacturing, the Australian Industry Group (Ai Group) says. Ford will cease its manufacturing operations at its Broadmeadow and Geelong plants in October 2016, after making after tax losses of $141 million in the past financial year, and a $600 million loss over the past five years. "The loss of 1200 ...
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Australian govt will help Ford workers PM
THE federal government will help Ford workers facing unemployment find new jobs, Prime Minister Julia Gillard says. The carmaker has announced it will cease its manufacturing operations in Australia by October 2016 with the loss of 1200 jobs. Ms Gillard says the government will provide the most intensive forms of employment assistance it can for those affected workers. "This is very hard ...
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Ford signs death notice for Falcon
The iconic Ford Falcon will soon be extinct, after more than 50 years in Australia.Ford Australia president and CEO Bob Graziano says the company will cease manufacturing operations in Australia by October 2016.He said the next Falcon, set for release in 2014, would be the last."The Falcon name is inextricably linked to Australia and to being produced here," Mr Graziano told reporters ...
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Ford to cease local manufacturing by 2016
Ford will cease its manufacturing operations in Australia by October 2016 with the loss of 1200 jobs.Ford Australia President and CEO Bob Graziano said the company made a loss of $141 million after tax in the last financial year, with a loss of $600 million over the last five years.Ford Australia employs more than 3500 people at its manufacturing plants at Broadmeadows, in Melbourne's ...
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Robson quits as Bombers boss
Essendon chief executive officer Ian Robson has quit as the fallout from the AFL club's supplement scandal continues.Robson has been under pressure since February when the Australian Sports Anti-Doping Authority (ASADA) announced an inquiry into the Bombers' use of supplements in 2012.An internal investigation by former Telstra boss Ziggy Switkowski into Essendon's governance ...
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Ford closes Australian plants
Ford Australia boss Robert Graziano has announced the company will cease manufacturing in Australia by October 2016 with the loss of 1,200 ...
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Injured Queensland boy wakes from coma
Patrick O'Sullivan was placed in a medically induced coma on Sunday after he received serious head injuries when he fell 10 metres from a carnival ...
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Raiders to pull Manly apart Thompson
Canberra backrower Joel Thompson says if his side sticks to their gameplan, they will pull apart the Manly defence in their NRL clash on Saturday ...
Brisbane Digest
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Cost of driving is becoming punitive in Brisbane
Is driving in Brisbane becoming punitively expensive? With the recent toll increases, on top of those made in 2006 and 2008, as well as last year, and the recent mis-management surrounding the privatisation of major roads in Sydney, it seems that using major roads in Brisbane is going to become even more expensive.
Brisbane, like many cities across Australia, is facing a mounting budget deficit in the wake of the near-crippling financial crisis and ensuing recession, as the state capital, it must also oversee Queensland’s plunge in revenues, which has created a budget deficit of over $2.3 billion for the state. Read more
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