Posts Tagged ‘Australia’

Teenager Patel embarrasses Australia’s pace attack

Australia ‘s pace attack _ but even he came unstuck against 19-year-old Canadian Hiral Patel on Wednesday.Lee, who began the match with an economy rate of 4.13, saw his first over clattered for … View full post on All Stories

Latest jobless rate means Australia’s economy remains strong

Australian Treasurer Wayne Swan said Thursday that the latest figures, which showed lowest jobless rate in two years, means the nation’s economy remained strong.According to the Australian Bureau View full post on All Stories

International Outrage Follows Arrest of Wikileaks Founder

Tom Ramstack – AHN News Correspondent London, United Kingdom (AHN) – International protest is building about the arrest of Wikileaks founder Julian Assange this week. Assange is being held in a British jail awaiting extradition to Sweden on rape charges. Meanwhile, the U.S. Justice Department is seeking to extradite him to the United States to [...]

Jobs surge dispels fears of softening economy

Australia’s employment surged in November, as firms took on more full-time workers. Almost 55,000 new jobs were created, and the unemployment rate fell to 5.2 per cent as forecast. View full post on All Stories

Mining boom a shock to economy: Henry

The Treasury head, Ken Henry, has told a Senate committee hearing Australia’s mining boom has delivered a huge external shock to the economy, and the effects will continue for decades. He says the economy is undergoing sustained structural adjustment because of the very high rates of growth in the mining sector, and that the mining [...]

Paddy betting on jobs

IRISH bookmaker Paddy Power provided a welcome boost to the country’s beleaguered economy by announcing plans to create 1,440 jobs to underpin growth in the UK, Australia and over the internet. View full post on All Stories

Virgin Tycoon To Dress As Flight Hostess After Losing Bet

Lawrence Mijares – AHN News Contributor Sydney, Australia (AHN) – Earlier this year two airline bosses, Tony Fernandes of AirAsia and Sir Richard Branson of Virgin, made a bet that whoever’s Formula One racing team lost in this year’s races would dress and serve as a female steward in the winner’s airline. And at yesterday’s [...]

PM Keen On Expanding Australia’s Strategic Military Role

Lawrence Mijares – AHN News Contributor Melbourne, Australia (AHN) – As she prepared to meet Sunday with visiting U.S. Secretary of State Hilary Clinton for a review of U.S. military presence in the Asia-Pacific, Australian Prime Minister Julia Gillard expressed willingness to expand Australia’s military partnership with the U.S. in the region. In an interview [...]

Banks slam politicians’ claims as unfounded

The Australian Bankers’ Association (ABA) said the current debate about banking is long on rhetoric but short on facts. The comments come while Australia’s top officials continue to pressure the country’s four major banks to ease interest rates as consumers bear the brunt of higher financial service fees on their loans and mortgage debts. View [...]

ANZ Bank’s profits soar by 69%

Australia & New Zealand Banking Group Ltd. has reported that profits soared to 69 percent as a number of its nonperforming loans dropped significantly. View full post on All Stories

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