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Key export region hit by Australia floods

ukcreditcard — Mon, 03 Jan 2011 11:45:50 +0000

Military aircraft ferry supplies to a town slowly sinking beneath swollen rivers as flooding in the country’s north-east severs roads and ports, curtailing coal exports and devastating farmland

View full post on Financial Times – UK Homepage

Australia hit by devastating floods

ukcreditcard — Sun, 02 Jan 2011 23:46:49 +0000

Large parts of Australia’s coastal northeast disappeared under floodwaters in a spreading disaster that has brought some of the highest floods on record and forced thousands from their homes

View full post on Financial Times – UK Homepage

Gillard clinches power in Australia

ukcreditcard — Tue, 07 Sep 2010 08:46:23 +0000

Julia Gillard’s Labor government has won the Australian election after securing the support of ‘kingmaker’ independent parliamentarians more than two weeks after the tightest national election in decades

View full post on Financial Times – UK Homepage

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 …