Julia Gillard

Australia PM under pressure to cut mine tax deal

Australian Prime Minister Julia Gillard said she was confident of resolving a dispute with miners over a controversial tax, amid speculation she could call an election within weeks to capitalize on a government surge in opinion polls.

Stock index futures point to mixed open

U.S. stock index futures pointed to a mixed opening on Wall Street on Monday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures gaining 0.3 percent and Nasdaq 100 futures up 0.3 percent at 4:50 a.m. ET.

Abbot lambasts new PM's educ for wasting educ funds

Opposition Leader Tony Abbot commented last Sunday that Julia Gillard have managed to waste $8 billion on school halls during her days as deputy prime minister and will not be any different as she takes on her new role as new Prime Minister.

Yen near 1-mth peak on quarter flows, econ doubts

The yen rose broadly and stayed near a 1-month high against the dollar on Friday on short covering, and as falls in regional share markets prompted traders to further sell risky currencies such as the Australian dollar.

Fed gloom hits stocks

Global equities and crude prices eased on Thursday on concerns over economic growth after the U.S. Federal Reserve's pessimistic outlook, though the dollar recovered from the previous session's losses.

Asian stocks gain on miners

Asian stocks firmed on Thursday, lifted by gain in miners on expectations Australia's government would compromise on a controversial mining tax, while the U.S. dollar eased after the Federal Reserve said the economic recovery was faltering.

Teachers refused NAPLAN tests may face fine

The Queensland Industrial Relations Commission yesterday ordered the Queensland Teachers Union -- which has refused Federal Education Minister Julia Gillard's instructions to hold the NAPLAN tests -- to go ahead with the national aptitude test between May 11-13.

Rudd pledges no hospital would close

Kevin Rudd has made a pledge that no hospitals will close because of his planned shake-up of health funding and attacked state government bureaucrats for using scare campaigns on the matter.

Australia carbon laws fail, election possible

Australia's parliament rejected laws to set up a carbon trading scheme on Wednesday, scuttling a key climate change policy of Prime Minister Kevin Rudd and providing a potential trigger for an early 2010 election.

Australia carbon vote delay raises poll prospect

Australia's parliament delayed a final vote on a government carbon trade plan on Friday, missing a key deadline, throwing Prime Minister Kevin Rudd's climate change policy into doubt and raising the possibility of a snap election.