How Australia has come out on top in this currency war
'The fall in the Australian dollar has helped support the recovery and restructure the economy, so it is a good example of how a floating exchange rate should act,' says Amplifying Global FX Capital director Greg Gibbs. The Australian dollar's plunge to a seven-year low is turning out to be a blessing as China steers its slowing economy away from the heavy industries that helped fuel the country's mining boom.It's more than four years since a record-high Aussi..>> view originalUniversity student Louisa Huang dies after being hit by a car in ...
Video will begin in 5 seconds. Sydney woman dies after being hit by car A 21-year-old woman dies and two men are left with serious injuries after a driver ran a red light in Strathfield. As reported on Saturday night. Vision courtesy Ten News. PT1M19S 620 349 A Sydney student who died after being struck by a car that allegedly ran a red light has been described by friends as having a "bubbly and happy personality" and a bright future.Louisa Huang, 21, was hit while crossing an..>> view originalSuperstar mates set to collide in Sydney
QUADE Cooper and Sonny Bill Williams are set for a date on Saturday after Australia and New Zealand were drawn together in Pool A for the inaugural Sydney Sevens.Wallabies star Cooper is set to make his sevens debut in Sydney while good mate Williams was a mixed bag in his first tournament, which New Zealand won in Wellington on Sunday.Cooper arrives in Sydney from Toulon on Wednesday and is no guarantee to play given his limited preparation.But it would be a major surprise if he didn’t given th..>> view originalAussies to struggle to pay mortgages
More Australians are expected to fail to meet their mortgage repayments this year as the housing sector slows. Moody's Investors Service, a subsidiary of ratings agency Moody's, says its latest monthly review of mortgages has found the number of Australians who failed to meet their mortgage repayments within 30 days rose to 1.2 per cent in November compared to 1.14 per cent in October. Moody's assistant vice president Alena Chen says the situation is expected to worsen as the booming housing ma..>> view originalHunter Valley teenager's death prompts police to issue synthetic ...
Hunter Valley teenager's death prompts police to issue synthetic drugs warning Posted February 01, 2016 08:03:26 A drug warning has been issued after a teenage boy died and two men in New South Wales became seriously ill after taking what is believed to be a synthetic form of cannabis.Seventeen-year-old Dean Shield's body was found in a reserve at Rutherford in the Hunter Valley about 8:00pm (AEDT) on Saturday night.Police were later told the teenager had consumed a s..>> view originalRecord number of NSW inmates sparks increase in prison beds
Record number of NSW inmates sparks increase in prison beds at Grafton and Parklea Updated February 01, 2016 11:10:48 More than 650 beds have been announced by the New South Wales Government for two of the state's jails as it deals with a record number of inmates.There are more than 12,000 inmates across the state, with the latest figures from the Bureau of Crime Statistics and Research revealing the prison population has risen for the fourth consecutive quarter.Correct..>> view originalJamie Gao murder trial set to begin
Delays as Regional Express pilots stop work
Delays as Regional Express pilots stop work after failed Fair Work Commission bid Updated February 01, 2016 10:11:52 Two flights have been cancelled and there are delays across parts of the Regional Express network, as pilots at the airline take industrial action.A Fair Work Commission hearing on Friday night failed to resolve the dispute, which was prompted by pilots' concerns that they were being forced to spend too many nights away from home.Following a four-hour sto..>> view originalSydney 7s Pools named
The Qantas Australian Men’s Sevens team will meet New Zealand on the opening day of the HSBC Sydney 7s. Pools were announced for the inaugural Sydney event on Sunday night and the trans-Tasman rivals were both drawn in Pool A. The Aussies narrowly missed playing the Kiwis in last weekend’s Wellington Sevens, instead facing South Africa in their Cup quarter-final. New Zealand went on to the win that tournament for the third time. The fierce rivals’ match up will be a highlight of the opening day..>> view originalHousing Prices: The Rich Are Getting Richer And The Poor Are ...
The nation’s housing bubble continues to grow, courtesy of a raft of incentives for people who can afford to buy into the market. Ian McAuley explains. The first two big statistical releases for this year carry good economic news. Labour force figures show 300,000 more people gained employment over last year, and the Consumer Price Index (CPI), coming in at an annual 1.7 per cent, suggests inflation is in the Goldilocks zone – not too hot, not too cold. But before we start celebrating we should..>> view original
Sunday, January 31, 2016
How Australia has come out on top in this currency war and other top stories.
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