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Posts Tagged ‘Australia’

Gillard calls August 21 election

Australians will go to the polls on August 21.                                                     Prime Minister Julia Gillard this morning visited Governor General Quentin Bryce and set the date. Speaking to reporters, Ms Gillard set the theme that Labor will hammer over the coming weeks – moving forward. “Today I seek a mandate to move Australia forward,” she said. “This [...]

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The latest statistics confirm Australia’s net overseas migration (NOM) level is on track to drop by about 20 per cent by the end of the financial year in response to government reforms to temporary and permanent migration and economic conditions, the Minister for Immigration and Citizenship, Senator Chris Evans, said today. Preliminary estimates released by [...]

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Australia has its first female Prime Minister after Julia Gillard replaced Kevin Rudd at a partyroom meeting this morning. In an unprecedented move, Ms Gillard will replace Mr Rudd less than six months out from this year’s federal election. Once she is sworn in by Governor-General Quentin Bryce, Ms Gillard will become Australia’s 27th prime [...]

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The airline war has reached a new low, with AirAsia offering return flights to London for $217 from the Gold Coast or $240 from Melbourne. If the booking confusion doesn’t deter your search for the ultimate fare (all legs need to be booked separately and through Kuala Lumpur), you may be rewarded with an unprecedented [...]

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The Reserve Bank has delivered some badly needed relief to mortgage holders, deciding today to leave official interest rates on hold. For the first time since February, the RBA board did not use its monthly meeting to lift rates which now stand at 4.5 per cent. In a statement, bank governor Glenn Stevens said the [...]

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Perth tenants should brace themselves as rising house prices, improving economic conditions and more newcomers to the state combine to force up rents this year, a leading property researcher says. The latest rental report by Australian Property Monitors shows asking rents in Perth have increased in the first three months of the year. The median [...]

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FURTHER official interest rate rises could choke off consumer spending and grind the economy to a halt, economists warn. Herston Economics chief economist Clifford Bennett says if the Reserve Bank raises the cash rate to five per cent by year’s end, the economy would “grind to a standstill”. The current cash rate is 4.25 per [...]

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Business has warned that West Australians could be priced out of the resources boom and interest rates pushed even higher if the Federal Opposition follows through with a promise to slash the number of immigrants. WA Chamber of Commerce and Industry chief economist John Nicolaou said the flagged cut would mean the abandonment of major [...]

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The Minister for Immigration and Citizenship, Senator Chris Evans, today welcomed the final report of the Baird Review on the legislation governing international education. It is most pleasing to note Mr Baird’s support for the Rudd Government’s changes to the skilled migration program announced on 8 February 2010. The skilled migration program changes will encourage [...]

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