The Australian Securities and Investments Commission has started civil action in the Federal Court against ANZ for allegedly rigging the bank bill-swap reference rate. As it alleges, theres been market manipulation of the rate which affects commercia...
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The tension between Former Prime Minister Tony Abbott and man who depose him to Malcolm Turnbull has re-have-reached new heights. The pair was seated opposite each other last night at a dinner to honor Former Liberal Prime Minister John Howard. Tony...
Good morning, everyone. Australias growth figures are due out today. And most analysts expect they will show the economic growth has slowed. Now experts are tipping that gross domestic product grew by 0.4% in the December quarter that will see annual...
Cardinal George Pill says he has the full backing of the Pope as he faces the Royal Commission for a second day. Speaking via video link yesterday, Cardinal Pill admitted the Catholic church had made enormous mistakes in its handling of child sextual...
Australia's most senior, Catholic Cardinal George Pell is less than an hour away now from giving his much chance anticipated video link evidence to the royal commission into child sexual abuse. There was a scuffle between media and security outside t...
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And theres growing unrest within the prime ministers backbench over the governments plan to change tax breaks, given the property investors. The PM has repeatedly slammed Labors proposed negative gearing changes, predicting they would smash the housi...
The defence department secretary Denice Richardson has called Australia to take a strong stand with China on the South China Sea. Mr.Richardson says China will remain its longest longterm trading partner but it's not important Australia is very candi...
BHP Billiton has posted its first loss in 16 years as plunging commodity prices battered the business. In the second half of 2015 the company lost 7.8 billion dollars, that's a 230 percent drop on its net profit the same time a year ago. Revenue fell...
Told ABC has confirmed that the government is looking at halving the capital gains tax discount for superannuation funds taking it from 33 to 15 percent. This comes today after the Prime Minister Told Parliament, he was not thinking about increasing...
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