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Negative Chinese manufacturing data rattles markets hurts Australian dollar
China A slide in a key Chinese manufacturing index has dented the Australian share market and local currency, by fuelling concerns that Australia's biggest export market is slowing.HSBC's monthly Purchasing Managers Index (PMI) for manufacturing fell from 49.2 in May to 48.3 in June, which is a nine-month low.Output also dropped, from 50.7 to 48.8 last month, which is an eight-month ...
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Adelaide southern suburbs Foodland store fined for out-of-date food
Seaford 5169 A Foodland store at Seaford has been fined $200,000 by Adelaide Magistrates Court for selling expired food and failing hygiene standards.Foodland Port Noarlunga South pleaded guilty to 20 counts of breaching the Food Act and its proprietor Supermarket Investments pleaded guilty to 37 breaches. They included displaying food for sale past its use-by date, failing to maintain the ...
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NSW hunting paper not kept from minister
Premier Barry O'Farrell has rejected claims a report into the state's hunting body was kept from the environment minister so her department wouldn't meddle with the interests of the Shooter's Party. The report by public servant Steve Dunn looks into the governance of the NSW Game Council, which will be responsible for rolling out controversial plans to allow hunters into ...
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$A dives after Fed comments Chinese data
The Australian dollar has fallen to a two-and-a-half-year low after the US central bank said it could soon start scaling back its economic stimulus and following weak Chinese manufacturing data. At 1200 AEST on Thursday, the local unit was trading at 92.62 US cents, down from 94.92 cents on Wednesday. Early on Thursday morning, AEST, US Federal Reserve chairman Ben Bernanke said that if the ...
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Royal prank radio station moves to block probe
The radio station behind the royal prank phone call has made legal moves to block an investigation into the incident, according to Australia's communications watchdog. Sydney broadcaster 2DayFM has applied to the Federal Court for an order which would restrain the Australian Communications and Media Authority from continuing its investigations into the ill-fated December 2012 phone call. ...
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Sydney have makings of champions Bojic
Pedj Bojic knows what it takes to win an A-League championship and he says his new club Sydney FC look the goods for next season. Defender Bojic, who spent the last five years with reigning champions Central Coast, is excited by what's in store after signing on Wednesday with the rebuilding glamour club, who finished seventh, missing the finals last season. "100 per cent I think ...
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Market sharply down at noon
The US worries were sending traders out of high income equities such as banks and into other assets, while China's sluggishness was hurting resources stocks, said CMC Markets chief market analyst Ric Spooner. "The falls are across the board, with 170 stocks out of the ASX200 down, apart from a few who benefit from a weaker Australian dollar such as CSL," he said. Mining stocks ...
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Roosters coy on SBWs halves chances
Sydney Roosters skipper Anthony Minichiello believes star back-rower Sonny Bill Williams has the ability to be an NRL playmaker. But the Roosters won't reveal whether Williams will take over the five-eighth role on Friday night, when he'll face Canterbury at ANZ Stadium for the first time since walking out on the Bulldogs in 2008. Williams has been named to start in the back-row, but ...
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$30b wiped off Aussie market
Australian shares have hit the day's lows, losing nearly $30b in value, after weak Chinese data rattled investors already spooked by the Fed's plans to wind back its ...
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Protect our data but dont monitor us online
Australians have a high level of trust in governments to protect their personal information from misuse, a survey has found. But most oppose government efforts to monitor their internet use. The study, by technology company Unisys, found more than 80 per cent of Australians trust Medicare to guard private data such as biometrics (eye scans or fingerprints), while about 75 per cent trust the ...
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Bill to recognise foreign gay pairs fails
Efforts to change Australia's marriage laws to recognise gay couples who tie the knot overseas have been shot down in parliament. The Australian Greens had moved a private bill to amend the Marriage Act, so that same-sex marriages validly entered into in foreign countries were recognised under Australian law. But on Thursday the bill was defeated 44 votes to 28 in the Senate. As ...
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RSPCA seeks witnesses for hung rabbits
The RSPCA is looking for witnesses after inspectors were told rabbits are being hung up alive from barbed wire fences in bushland north of Wanneroo. Picture: ...
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Clive Palmer picks two WA academics
Clive Palmer has announced two WA candidates for his new political party, including Chamonix Terblanche, a Curtin University academic, above, and educator and author Teresa van ...
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ANZ to send 600 jobs overseas
ANZ spokesman Stephen Ries has confirmed a draft proposal to senior management outlines plans to sack 340 staff at its Mulgrave call centre and a further 250 positions in South Melbourne.The proposal would see the jobs move to the Philippines and New Zealand."No decision has been made, nor will there be a decision in the near future," Mr Ries said."Many ideas and proposals come up ...
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ANZ mulls 600 local job cuts
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Australian dollar hits 33-month low
The Australian dollar is out of favour with currency traders after spending much of this year above parity with the greenback. Photograph: Sukree ...
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PMs blue tie attack sparks trend
Two-year-old Cameron De-Jongh from Queanbeyan in rural NSW got to pose up with Tony Abbott today in the Opposition Leader's favourite uniform.A week after Julia Gillard launched an attack on misogynist men "in blue ties" the look has gone gangbusters.The Coalition, including some female MPs, have sported the look in Parliament in defiance of the PM and Kevin Rudd backers have also ...
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US Fed call wipes $20b off Australian market
Australian shares have hit the day's lows, losing nearly $30b in value, after weak Chinese data rattled investors already spooked by the Fed's plans to wind back its ...
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Stocks to watch at noon on Thursday
Stocks to watch on the Australian stock exchange at noon on Thursday:ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP - down 63.5 cents, or 2.24 per cent, at $27.715The ANZ bank is considering axing up to 600 call centre jobs in Melbourne and moving them overseas.RIO - RIO TINTO - down $1.89, or 3.47 per cent, at $52.49More than 200 workers at a Newcastle coal terminal will embark on a week of ...
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Coalition sceptical on PM Indonesia visit
The federal opposition doubts that Prime Minister Julia Gillard's upcoming visit to Indonesia will result in any new action to stop asylum seeker boats.Ms Gillard will meet Indonesian President Susilo Bambang Yudhoyono for bilateral talks early in July.The visit is being seen as part of a last-ditch effort to stem the flow of would-be refugees ahead of the September 14 election.But ...
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State Government and Adelaide City Council yet to decide future of Bank St parklets
SEATING and greenery installed in Bank St's kerbside parking spaces - a key part of a $1 million street makeover of the street- may be removed despite their popularity with visitors and traders. The State Government and City Council are yet to decide what will happen to the 15 "parklets" when a trial period ends in September, though they might be spread throughout the city. The ...
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Chinas largest search-and-rescue ship to visit Sydney
China's largest search and rescue vessel will visit Australia this week on its first international voyage.The MV Haixun 01 will arrive at Sydney's Garden Island port on Saturday, where it will remain till June 28.The ship will then head north to Australia's tropical paradise Cairns, which it will call home for four days during the Asia- Pacific Heads of Maritime Safety Agencies ...
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Australian entrepreneurs eager to benefit from Chinas booming demand
Around 100 Australian entrepreneurs gathered in Melbourne Wednesday to find out how to seize the golden opportunities emerging from China's booming economy and demand, especially during Beijing's 12th five-year plan.The Australia-China Business Week forum, also attended by officials from the Chinese Consulate-General in Melbourne and government of the Victoria State, as well as some ...
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Labor bill in South Australia seeks to legalise gay marriage
SA Labor backbencher Susan Close has introduced a bill to the South Australian Parliament seeking to allow same-sex marriage.Dr Close said the traditional rules of marriage between a man and a woman were too narrow and it was time for change.Her brother is gay and she said it was unfair he was unable to share the same rights as her to marry a partner."I've always found it quite ...
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Meninga blames media for bar scandal
Despite admitting he broke team protocol by being asked to leave a Brisbane hotel, Queensland coach Mal Meninga has blamed the media for creating yet another off-field rugby league controversy.Hours after declaring he was fed up with rugby league's image being tarnished by alcohol-related off-field behaviour, Meninga earned the ire of staff at a Brisbane CBD hotel as the Maroons celebrated ...
Perth Focus
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Major redevelopment plans for Perth eyesoars
The City of Perth has major projects in the works to redevelop the city’s CBD in-line with the aims of broader projects like Green City and Populate Perth, but some residents remain wary of red tape, while others fear for the future of historical sites such as Langley.
Perth is the commercial, transport and cultural backbone of Western Australia. This city of almost 2 million people is the fourth largest in Australia, but has grown consistently faster than many other cities, outstripping the national average and was ranked by The Economist in 2010 as the eighth ‘most livable city’ in the world, which means we have some of the best living conditions on the planet. Read more
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