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Archives for June 2012

Pipeline Or Pipe Dream: Business Council Report Warns Of Risks To Investment

The Business Council of Australia has issued a report that says high costs and low productivity put at risk Australia’s pipeline of investment.

Text of news release from the Business Council of Australia.

Pipeline or Pipe Dream? New Research Uncovers What’s at Stake If We Don’t Get It Right on Major Projects

High costs and low productivity are risking Australia’s unprecedented $921 billion pipeline of investment in resources, energy and economic infrastructure, new research for the Business Council of Australia has found.

In a landmark study released ahead of next week’s economic forum in Brisbane, the BCA has for the first time provided a total picture of how capital investment is driving the economy. [Read more…]


Bob Katter Appears On The Circle


Malcolm Fraser’s Whitlam Oration

Former Prime Minister Malcolm Fraser has delivered the 2012 Whitlam Oration to the Whitlam Institute in Sydney.

Malcolm Fraser

Nearly thirty-seven years after the Fraser-led coalition parties blocked the Budget and Sir John Kerr dismissed the Whitlam government, Fraser remarked that in the 1970s “few people would have believed that Malcolm Fraser would be delivering a Gough Whitlam oration”. [Read more…]


Unexpected 1.3% Economic Growth Rate In March Quarter

National Accounts figures released today show a 1.3% economic growth rate in the March quarter.

A growth rate of around 0.6% was predicted by most economists.

A beaming Treasurer Wayne Swan told a press conference that the nation should have a bounce in its step today and described the result as “stunning set of numbers”.

Shadow Treasurer Joe Hockey awkwardly told his press conference that the economic situation would be even better, “if only we had a good government”. [Read more…]


Queen Offers Thanks For Diamond Jubilee Celebrations

The Queen has delivered a short televised message of thanks for the celebration of her Diamond Jubilee.

 

Flanked by a picture of Prince William and his wife, Kate, the Queen’s message maintained the symbolism of the Royal Family’s appearance on the balcony of Buckingham Palace earlier in the day. The picture was one of the current Queen and the future Kings. Other members of the family, often seen on these occasions, were absent. It was a picture of certainty, stability and the future.

  • Listen to the Queen’s message (2m)

Queen Elizabeth II

Queen Elizabeth II

 


The Queen’s Diamond Jubilee

Some images from the final of four days of Diamond Jubilee celebrations for Queen Elizabeth II.

These pictures show the Royal Family’s carriage ride from Westminster Hall, along The Mall, to Buckingham Palace. The family’s appearance on the balcony of the palace was accompanied by a fly-past.

Earlier, the Queen attended a National Service of Thanksgiving at St. Paul’s Cathedral. The Archbishop of Canterbury, Dr. Rowan Williams gave the sermon and paid tribute to the Queen. [Read more…]


Reserve Bank Cuts Cash Rate By 0.25%

The Reserve Bank has cut the cash by another 0.25%.

The reduction follows the 0.5% cut last month. The cash rate is now 3.50%. [Read more…]


Gillard And Abbott Light Royal Jubilee Beacon

Prime Minister Julia Gillard and Opposition Leader Tony Abbott both paid tribute to the Queen’s 60-year reign at the lighting of a beacon in Canberra tonight.

The beacon is one of 4200 being lit around the world’s Commonwealth nations ahead of a weekend of celebrations in Britain of Queen Elizabeth II’s Diamond Jubilee. [Read more…]


60th Jubilee Celebrations For Queen Elizabeth II

London’s Tower Bridge is raised during the Jubilee celebrations for Queen Elizabeth II.

Tower Bridge


Sherry Resigns From Senate

Senator Nick Sherry’s resignation took effect today, creating a casual vacancy in Tasmania.

Sherry retired from the Gillard ministry last December. He has been a Labor senator since 1990.

Under Section 15 of the Constitution, the Tasmanian parliament will appoint a replacement to the casual vacancy. It is obliged to appoint a member of the same party. The Tasmanian ALP will pre-select the new member.

Tasmanian Greens Senator Bob Brown is also expected to resign from the Senate in the next few weeks. His replacement will be Peter Whish-Wilson.