australia News


NEWS.com.au

Australia allows migrant workers for mining projects
Reuters
bln Roy Hills project wins first approval * Foreign workers only for major projects * Labor shortage is sending wages surging * Unions condemn decision as "sheer lunacy" By James Grubel CANBERRA, May 25 (Reuters) - Australia will open its booming ...
Australia allows Hancock to bring in migrant workersCreamer Media's Mining Weekly
Australia approves migrant workers for mining projectsReuters India
Australia approves foreign workers for minerInquirer.net
Radio Australia
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Australia Shares End Down 0.7% At 6-Month Low On European Jitters
Wall Street Journal
SYDNEY (Dow Jones)--The Australian share market hit a six-month low in nervous trading Friday as Asian markets weakened amid jitters over China and Greece. The benchmark S&P/ASX 200 index closed down 0.7% at 4029.2, its lowest closing level since Nov.

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AFP

Australia Targets Millionaires, Innovators With New Visas
Wall Street Journal (blog)
The center-left Labor government Friday unveiled a so-called significant investor visa, to be introduced from July 1, targeting migrants who can make an investment of at least 5 million Australian dollars (US$4.87 million) in the Australian economy.
Australia targets super-rich immigrantsThe Guardian
Australia rolls out red carpet for millionairesAFP
Australia to roll out red carpet for millionaire migrantsTimes of India
TVNZ -Firstpost
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Australia, China to Push for Europe Stimulus At G-20
Wall Street Journal
By ANDREW CRITCHLOW, ENDA CURRAN and RACHEL PANNETT SYDNEY?Australia will back China in using next month's Group of 20, or G-20, summit in Mexico to push for Europe's struggling economies to change direction and focus on growth instead of austerity, ...
Australia, China to Back European Growth at G-20, Carr Tells WSJBloomberg
Australia will back China push for eurozone growth, not austerityThe Australian
China Tries To Make Australia An Offer It Can't RefuseInvestor's Business Daily
The Conversation -Scoop.co.nz (press release)
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BigPond News

Inpex, Total seek $20 bln loans for Australia LNG -sources
Reuters
BG and Woodside have already announced cost blowouts in their Australian LNG projects. Sources have indicated that Shell and Petrochina's joint venture was likely to face a 50 percent cost rise. Ichthys has already got its final investment decision in ...
Conoco, Origin Get $8.5 Billion for LNG Project in AustraliaBloomberg
Australia Pacific LNG lines up $8.5 bn for coal gas to LNG projectdomain-B
THE fast-speed sector of the Australian economy delivered good news yesterday ...The Australian
Platts
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Sydney Morning Herald

Australia Won't Intervene In PNG Political Crisis -Foreign Minister
Fox Business
SYDNEY ? Australia won't intervene in a political crisis unfolding in Papua New Guinea, foreign minister Bob Carr said Friday. Armed police on Thursday arrested Papua New Guinea's chief justice and attempted to charge him with sedition after he ruled ...
Australia urges restraint as PNG judge arrested | Bangkok Post: newsBangkok Post
Australia urges restraint after arrest of PNG's chief justiceSydney Morning Herald
Restraint urged as PNG leadership tensions riseBBC News

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JP Morgan Cuts Australian 2012 Growth Forecasts
Wall Street Journal
By James Glynn SYDNEY (Dow Jones)--US investment bank JP Morgan Friday lowered its forecast for Australian economic growth, but kept in place upbeat expectations that the country's mining boom will continue to provide a solid base for the economy.
JP Morgan cuts Australian GDP forecastsBusiness Spectator

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BigPond News

Australia Shares End Lower After China PMI, EU Summit
Wall Street Journal
SYDNEY (Dow Jones)--Australian shares retreated for a second day after a report showed manufacturing in China contracted for the seventh straight month and a European Union leaders' summit failed to confirm speculation a eurozone deposit-insurance ...
Australia shares buckle to 6-month low; miners dragEconomic Times
Markets Live: Shares drop after bright startSydney Morning Herald

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Centrex boosts iron ore reserves in new Australia frontier
Reuters
Centrex boosts ore reserves estimate by 223 pct to 338 mln/T * South Australia, New South Wales ore prospects attracting Asia steel interest * Lack of suitable port facilities holding back growth By James Regan SYDNEY, May 25 (Reuters) - Iron ore ...

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Tapscape

Spotify Launches Down Under
Wall Street Journal (blog)
By Caroline Henshaw Online music streaming service Spotify launched in Australia this week in a move insiders say could change the face of the country's music industry. The Swedish company's entrance into Australia will add the world's sixth-largest ...
Spotify Music Service Launches in Australia - All-You-Can-Stream for $11.99 ...Tapscape
NZ music streaming services comparedStuff.co.nz
Spotify Makes Its Asia Pacific Debut via Australia, New ZealandTech Wire Asia

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