Translate

Search This Blog

Search Tool




Apr 10, 2011

Financial & Forex Info | The Australian Capital Circle: Defence eyes fighter irepower as revenue shrinks




Capital Circle Newsletter

Defence eyes fighter firepower as revenue shrinks
 
The annual round of pre-budget briefing has begun and the government is warning pain is on the way.

The PM's Diary: Julia Gillard is on leave. Acting Prime Minister Wayne Swan is in Melbourne this morning to launch the 2011 Salvation Army Red Shield Appeal.  He told the audience: "When the Salvos knock on your door this autumn, dig deep so that they can keep doing the vital work they do every day of every year.'' He will meet with the Brotherhood of St Laurence later this morning and has appeared on Triple M Melbourne and with 5AA's Leon Byner. He will finish his day with meetings in Canberra.
Tony Abbott is in Sydney after completing the Pollie Pedal bike ride from the Gold Coast to Sydney, raising $200,000 for the Poche Centre for Indigenous Health in Western Sydney. Today he will sit down with Julie Bishop, Joe Hockey and other senior front benchers to discuss the upcoming federal budget.
Message management: Finance Minister Penny Wong writes today "in this budget we will have to confront some difficult truths, and the burgeoning growth in health expenditure is one of them''.
On Q&A tonight, Penny Wong, Greg Hunt, Bess Price, Graeme Innes and Chris Kenny.
WISE: The Women in Science and Engineering summit in Parliament House today will hear from the leaders like CSIRO's Megan Clark, ANSTO's Adi Paterson, IBM, the Australian Research Council, the National Health and Medical Research Council, the Bureau of Meteorology and Minister Kate Ellis about how to stop the scientific brain drain.
Must do better: It's early days, but Press Gallery president Phillip Hudson is running dead last in the gallery tipping competition with just nine winners.
***Sign up to Capital Circle. Tip-off Capital Circle***
The Australian Read more...
 
Mumble
Peter Brent
Peter Brent
 
Expect the unexpected in a by-election
In this finely balanced federal parliament, a by-election could change everything. The most-considered scenario is naturally the Gillard government losing a seat, but...
 
More Peter Brent


Budget hit by $4bn fall in tax revenue
hsstock wong Milanda Rout PENNY Wong has revealed the federal government has taken a $4 billion hit to its budget bottomline.
 
Gas giants seek carbon tax breaks
Brass won't act over cadet scandal
Hornets eyed as delays dog new fighter
 
More National Affairs








Financial & Forex Info | The Australian Business Briefing: Shell plays tough with BHP








Shell plays tough with BHP
Woodside LNG platform Matt Chambers SHELL is playing hardball on a possible sale of its 24 per cent stake in Woodside Petroleum to BHP Billiton.
 
NYSE rejects 'risky' takeover proposal
Wall Street Jacob Bunge THE board of NYSE Euronext has unanimously rejected a takeover proposal from ICE and Nasdaq to break up the company.
 
Use budget to lift skilled intake
Wayne Swan EXCLUSIVE Annabel Hepworth and Damon Kitney AUSTRALIA'S top company chiefs have demanded the government use next month's budget to dramatically increase the intake of skilled migrants.
 
Leighton, Hochtief meet on funding
Leighton Holdings Tracy Lee LEIGHTON Holdings is expected to reveal this morning a recapitalisation plan that is likely to involve its major German shareholder.
 
Wotif 'amused' by rivals' strategies
Robbie Cooke Richard Gluyas WOTIF chief executive Robbie Cooke has the competitive landscape under constant surveillance.
 
Shell buys into Chevron gas project
LNG Andrew Burrell SHELL has boosted its presence in Australia's natural gas industry, buying a multi-billion-dollar stake in Chevron's Wheatstone project.
 
China trade deficit fuels price fears
China containers Aaron Back CHINA posted its first quarterly trade deficit for seven years as surging raw materials prices, such as iron ore, pushed up import values.
 
Inflation drives shifts in markets
dollar Tom Lauricella and Justin Lahart WITH economic fundamentals increasingly driving financial markets, the winners are precious metals and currencies like the Australian dollar.
 
Financial Markets
Inflation drives shifts in markets
dollar Tom Lauricella and Justin Lahart WITH economic fundamentals increasingly driving financial markets, the winners are precious metals and currencies like the Australian dollar.
 
Asia takes dim view of Swan's stance
Doom and gloom put Criterion ahead
 
Financial Markets Coverage
 
Mining & Energy
BP braces for hostile annual meeting
BP oil spill David Robertson BP will face a bad-tempered annual meeting on Thursday as investors, environmentalists and US Gulf Coast residents confront executives.
 
Reports gauge summer rain's cost
Voelte warns of 'over the top' LNG wages
 
More Mining & Energy Coverage

CBS breaking News Alert : African Union: Qaddafi accepts roadmap to cease-fire

CBS News: Breaking News Alert April 10, 2011
-----------------------------------------------------------------

African Union: Qaddafi accepts roadmap to cease-fire

South African President Zuma says Muammar Qaddafi agrees to an African Union plan for talks with rebels; AU envoys to meet with rebels Monday

Read more: http://ct.cbsnews.com/clicks?t=773061162-b1f5763a1bcc876b4d45ba4c9a0973ce-bf&brand=CBSNEWS&s=5

ABCNews Australia | Business News: $20b feud with Telstra drove NBN's birth



$20b feud with Telstra drove NBN's birth
It is already the most expensive infrastructure project in Australia's history, and it seems the final cost of the National Broadband Network could blow out by billions.

Public briefing ahead for gas search plans
Blue Energy says it is set to begin community consultations over its plans to drill for coal seam gas (CSG) in the Maryborough Basin, in south-east Queensland, this year.

$1.5b coal mine promises jobs boost
The Queensland Government says a new coal mine proposed for the state's Central Highlands could create 1,000 ongoing jobs.

More Business Stories > 

NYT: Today's Headlines Next on the Agenda for Washington: Fight Over Debt


TOP NEWS

Next on the Agenda for Washington: Fight Over Debt

By JACKIE CALMES
Republicans are expected to demand fundamental changes in policy on health care, the environment, abortion rights and more, as the price of their support for raising the debt ceiling.

Concessions and Tension, Then a Deal

By DAVID M. HERSZENHORN and HELENE COOPER
Interviews with officials show how uncertain they were until virtually the last minute that they could prevent a shutdown.

Japanese Workers Braved Radiation for a Temp Job

By HIROKO TABUCHI
Before the quake, thousands of untrained laborers handled most of the dangerous work at nuclear plants.
QUOTATION OF THE DAY
"We want to see real structural, cultural-type changes tied to this debt ceiling. We're not interested in a one-off kind of savings, or anything small."
REPRESENTATIVE MICK MULVANEY, a first-term Republican from South Carolina.



Obituaries

Video: The Last Word: Sidney Lumet

Sidney Lumet was one of America's most prolific filmmakers. Here he discusses his career, his gritty New York films and his legacy.
Opinion

Op-Chart

States of Conflict: An Update

News from the battlefields in Iraq, Pakistan and Afghanistan.
WORLD

2 Protesters Killed in Egypt's Tahrir Square

By LIAM STACK and MONA EL-NAGGAR
Security forces killed two and injured dozens in an attempt to disperse peaceful protesters, witnesses said.

As Qaddafi's Troops Move In, a Seesaw Battle for Rebel City

By C. J. CHIVERS
Libyan forces loyal to Col. Muammar el-Qaddafi pressed a ground attack on Ajdabiya, bringing the battle with the opposition back to the doorstep of the strategically vital rebel city.

One Protester Killed in as Security Forces Open Fire in Yemen

By LAURA KASINOF
Fifteen people were wounded and one was killed, doctors at a field hospital said, in the first outbreak of violence in Sana since snipers killed 52 protesters more than three weeks ago.
U.S.

Newly Born, and Withdrawing From Painkillers

By ABBY GOODNOUGH and KATIE ZEZIMA
Growing numbers of newborns across the country are struggling with addiction as prescription drug abuse ravages communities.

From Ancient Giants, Finding New Life to Help the Planet

By JESSE McKINLEY
A plan hatched by tree enthusiasts hopes to clone and mass-produce colossal redwoods, the tallest living things on earth.

Spraying to Make Yards Green ... but With Paint, Not Water

By MARC LACEY
Arizona homeowners are exploring alternative approaches to maintaining green lawns, such as paint and artificial turf.
POLITICS
News Analysis

President Adopts a Measured Course to Recapture the Middle

By JEFF ZELENY
President Obama's actions highlight the centrist style he has adopted since his party's losses in November.

Republicans and Democrats Alike Claim Successes in Averting a Federal Shutdown

By CARL HULSE
The hard-fought budget compromise sets the stage for difficult spending fights yet to come.

Obama, Searching for a Vision

By PETER BAKER
Above the fray, President Obama struggles to define liberalism in an era of debt and division.
BUSINESS

The Drought Is Over (at Least for C.E.O.'s)

By DANIEL COSTELLO
After shrinking during the recession, paychecks are growing again for top American executives.

It's Time for Your Face-Lift, Miss Piggy

By MICHAEL CIEPLY and BROOKS BARNES
Disney is aiming to rejuvenate the Muppets franchise with a new movie this fall.
Novelties

If You Can't Name That Star, Try Asking Your Telescope

By ANNE EISENBERG
New stargazing equipment and smartphone apps make it easier to peer at the heavens - and to know what you're seeing.
TECHNOLOGY
Ping

Feel Like a Wallflower? Maybe It's Your Facebook Wall

By JENNA WORTHAM
When constant updates on social media show your friends having fun without you, it's easy to develop a case of FOMO, or "fear of missing out."

Bidding Frenzy for Tickets to Eat at Next in Chicago

By JESSE McKINLEY
Online bidding wars have begun for tickets to Grant Achatz's exclusive new Chicago restaurant, Next, with some people willing to pay $3,000 for a group of seats.

Out There in the Dark, All Alone

By MANOHLA DARGIS
Movies, once a collective experience, are now often seen in solitude, on digital devices. Has something been lost?
SPORTS

McIlroy Continues to Set Pace, and Field Struggles to Keep Up

By LARRY DORMAN
Tiger Woods and other accomplished players failed to make up ground on Rory McIlroy in the third round of the Masters.
Rangers 5, Devils 2

Win, Wait, Then Off to Playoffs for Rangers

By JEFF Z. KLEIN
The Rangers clinched the eighth seed in the playoffs with Tampa Bay defeating Carolina 6-2. The Rangers await the top-seeded Washington Capitals in the first round.
Mets 8, Nationals 4

Beltran's Homers Lift Mets at Home

By ANDREW KEH
After three sluggish losses in a row, the Mets offense came to life in a victory over the Nationals thanks to the awakening of Carlos Beltran's bat.
ARTS
Television

Discomfort Zones

By DAVE ITZKOFF
Will Ferrell has big shoes to fill as he plays the interim manager on "The Office" after Steve Carell departs.

A Heroic Fantasy for Skeptics

By DAVE ITZKOFF
"Game of Thrones," based on a series of novels by George R. R. Martin, is finally coming to HBO after having been reshot at the pilot stage, and recast.
Theater

Putting the Juice in 'Jerusalem'

By PATRICK HEALY
Mark Rylance is back on Broadway for the second time this season, in the attention-getting role of Rooster Byron in "Jerusalem."
NEW YORK / REGION

Peter G. Peterson's Last Anti-Debt Crusade

By ALAN FEUER
Peter G. Peterson has had a 30-year obsession with the nation's finances. Some call him Chicken Little. He says he has just done the math.

Voodoo, an Anchor, Rises Again

By DAN BILEFSKY
A younger generation is turning to voodoo to get back in touch with its roots, and others are embracing the religion after the 2010 earthquake in Haiti.
Sunday Routine | Wendy Kopp

No Breakfast, but Bagels for Lunch

By ELISSA GOOTMAN
The founder and chief executive of Teach for America spends her Sundays catching up on the week and on sleep, but still rises by 6 a.m.
MAGAZINE

The Fragile Success of School Reform in the Bronx

By JONATHAN MAHLER
Ramón González's middle school is a model for how an empowered principal can transform a troubled school, but the forces of reform are now working against him.

Mario Cuomo Still Believes

By MATT BAI
He would be a perfect elder statesman, if only his son's generation wanted one.

Suzanne Collins's War Stories for Kids

By SUSAN DOMINUS
The strange fictions of the young adult novelist.
EDITORIALS
Editorial

Banks Are Off the Hook Again

New agreements between banks and federal regulators are unlikely to curb foreclosures.
Editorial

Justice Kagan Dissents

Justice Kagan powerfully dissents in a ruling that makes it easier for states to promote religion.
Editorial

What Happened to the Investigation?

The public has a right to know if Representative Maxine Waters violated Congressional ethics rules.
Editorial

The Truth About Charley

An intriguing discovery has been made about a reality book written by John Steinbeck.
OP-ED
Op-Ed Contributor

The Prosecution Rests, but I Can't

By JOHN THOMPSON
Why no penalty for those who put an innocent man on death row?
Op-Ed Columnist

Blowin' in the Idiot Wind

By MAUREEN DOWD
You say you're lookin' for someone who won't kowtow to an oppressive government? It ain't he, babe.
Op-Ed Columnist

Our Cowardly Congress

By NICHOLAS D. KRISTOF
Incompetence and hypocrisy have been front and center during the budget bickering.
Op-Ed Contributor

Lessons From Nuremberg

By WILLIAM SHAWCROSS
Like Nuremberg, the 9/11 trial can help shape historical narrative and collective memory.
Op-Ed Contributor

Forcing the F.A.A. to Fly Blind

By WILLIAM J. McGEE
Proposed cuts in the F.A.A. budget could threaten passengers' safety.
Op-Ed Contributor

In Space, Nice Guys Finish First

By MARY ROACH
Yuri Gagarin's humility, not his bravado, made him the perfect cosmonaut.
The Public Editor

Juggling the World, Wearily

By ARTHUR S. BRISBANE
With war, revolution and disaster, the foreign desk can't catch its breath.
Op-Chart

States of Conflict: An Update

By MICHAEL E. O'HANLON, IAN LIVINGSTON, HEATHER MESSERA and AMY UNIKEWICZ
News from
ON THIS DAY
On April 10, 1947, Brooklyn Dodgers president Branch Rickey announced he had purchased the contract of Jackie Robinson from the Montreal Royals.
the battlefields in Iraq, Pakistan and Afghanistan.