Investors ignored positive offshore leads yesterday as political uncertainty grew following the dramatic events in Canberra throughout the afternoon. The benchmark S&P/ASX 200 closed down 0.2 per cent at 4959.4 points, reversing an early ...
Tags: benchmark, Canberra Chaos, Reverse
INVESTORS traded through the political leadership drama in Canberra yesterday with an eye firmly on the federal election in September, encouraged that almost three years of minority government that has contributed to uncertainty on policy ...
Political uncertainty may add to pressure on the sharemarket after Julia Gillard accepted a request from Labor Party powerbroker Simon Crean for a party vote on who should lead the party to the federal election in September. The ...
Tags: Stocks, Political Uncertainty, economy
LABOR veteran Simon Crean's dramatic decision to call for a leadership spill pushed the Australian dollar down in the immediate aftermath of his announcement. The currency was trading at $1.0373 at 5pm AEDT, down from $US1.0391 at 1pm ...
Tags: LABOR Turmoil, economy, Dollar
Video game developer Siobhan Reddy is out to inspire women gamers after being named Australian Woman of the Year in the United Kingdom. Ms Reddy, 34, received the award at a ceremony in London on Wednesday night. Earlier this year the ...
Tags: Aussie woman, game tech award, Video game
Prime Minister Gillard … ‘tough but responsible’ Business and industry groups have expressed concern at the federal government proposal to strip $1 billion in tax concessions from Australia’s biggest companies as ...
The Australian sharemarket pulled back in late trading but still closed slightly higher, with investors unfazed by Julia Gillard announcing that the next federal election would be on September 14. At 4.15pm AEDT, the benchmark S&P/ASX 200 ...
Tags: Australian sharemarket, currency, economy
The Australian dollar moved higher with traders largely shrugging off Julia Gillard's surprise calling of a September 14 election. The announcement stunned political pundits but elicited little reaction in currency markets. At 4.30pm ...
Toyota Australia has begun exporting its new locally built four-cylinder engines to Thailand and Malaysia. This is the first time Toyota Australia has sold standalone engines to these major Asian markets. About 18,000 engines ...
Tags: Toyota, engines, four cylinder engines
The Western Australia state government said that Ms Julia Gillard’s PM of Australian, tax on iron ore and coal company profits is illegal because it limits state governments’ ability to finance development. Western Australia ...
Tags: iron ore, coal, mine tax, Minerals Resource
As presidential election day unfolded on Tuesday,people spent time posting photos of long lines at polling places,tweeting about casting a vote and commenting on a viral video of a malfunctioning voting machine. Obama victory tweet ...
Tags: Twitter, 2012 presidential election, Obama
Australia's federal government will establish an Anti-Dumping Commission and introduce stricter remedies against overseas producers in a bid to protect Australia's manufacturing industry. The changes will be a major boost for Australia's ...
Tags: Australia, Anti-Dumping Measures, Anti-Dumping Commission
As presidential election day unfolded on Tuesday, people spent time posting photos of long lines at polling places, tweeting about casting a vote and commenting on a viral video of a malfunctioning voting machine. This year marked the ...
Tags: America, Barack Obama, Election, social media, Twitter
Toyota Australia has opened a new state-of-the-art engine plant, making it the first Australian car manufacturer to produce both petrol and hybrid engines. Located in Altona, west of Melbourne, the plant will produce about ...
The boss of Holden has called on both sides of Australia's political spectrum to settle their differences and agree to support the local automotive sector ahead of what he believes will be a defining year for the industry. Holden chairman ...
Tags: Automotive Industry, political, federal election, government support