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Australia heading for hung parliament

ukcreditcard — Sat, 21 Aug 2010 17:46:37 +0000

Australia looks set for its first hung parliament in 70 years after the ruling centre-left Labor government suffered a backlash in a poll that nevertheless failed to allow the opposition conservative coalition to take office in its own right.

View full post on Financial Times – UK Homepage

Australia looks set for hung parliament

ukcreditcard — Sat, 21 Aug 2010 14:46:08 +0000

Australia’s parliamentary election is heading for a photo finish with final opinion polls giving Julia Gillard’s Labor government the narrowest of margins over Tony Abbott’s opposition conservative coalition

View full post on Financial Times – UK Homepage

Xstrata threatens Australia over tax

ukcreditcard — Thu, 03 Jun 2010 15:03:16 +0000

The Anglo-Swiss miner has ‘suspended’ A$586m in spending on coal and copper projects after reviewing operations in Australia in the weeks since Canberra announced plans for a new 40 per cent resources ‘super profits tax’

View full post on Financial Times – UK Homepage

Australia to cut credit card fee?

ukcreditcard — Mon, 15 Mar 2010 13:58:01 +0000

Australia to cut credit card fee?
SYDNEY – AUSTRALIA’S central bank has not yet decided whether to regulate a further reduction in the transaction fees charged by credit card companies, a top official said on Monday. Reserve Bank of Australia Assistant Governor Malcolm Edey told a payments conference it was not yet clear whether competition in the card industry would be enough to ensure lower fees without regulation.

(AFX UK Focus) 2010-03-14 22:15 Australia not yet decided on credit card fee cut

ukcreditcard — Mon, 15 Mar 2010 10:55:24 +0000

(AFX UK Focus) 2010-03-14 22:15 Australia not yet decided on credit card fee cut
SYDNEY, March 15 (Reuters) – Australia’s central bank has not yet decided whether to regulate a further reduction in the transaction fees charged by credit card companies, a top official said on Monday. Reserve Bank of Australia Assistant Governor Malcolm Edey told a payments conference it was not yet clear whether competition in the card industry would be enough to ensure lower fees without …