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Australia beats growth forecast

2014-06-04 05:20:31| BBC News | Business | UK Edition

Australia's economy grows more than forecast in the first three months of the year, boosted by a rise in exports and domestic consumption.

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Australia deny World Cup wrongdoing

2014-06-03 14:42:37| BBC News | Business | UK Edition

Australia's unsuccessful bid team dismiss allegations their pursuit of the 2022 World Cup involved illegal payments.

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Origin to buy Karoons stake in two Browse Basin exploration permits in Australia

2014-06-03 01:00:00| Offshore Technology

Sydney-based Origin Energy has agreed to acquire Karoon Gas 40% stake in two Browse Basin exploration permits in Western Australia for $800m.

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Australia: Barack Obama's climate change moves put heat on Tony Abbott

2014-06-02 23:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: A dramatic acceleration of America's response to climate change, including strong caps on coal-fired pollution threatens to expose Australia's humble 5 per cent emissions reduction target by 2020 as too low and out of step with the rest of the world. The US move may overshadow the first bilateral talks between Prime Minister Tony Abbott and President Barack Obama to take place in Washington next week. Those talks will cover trade, economic and strategic issues but with climate change again dominating...

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Australia: Autumn mild weather sets record highs

2014-06-01 13:28:00| Climate Ark Climate Change & Global Warming Newsfeed

West Australian: Record-breaking warm weather in autumn has propelled Australia's average temperature to its hottest two-year period recorded. Releasing a report today, the Climate Council said the unseasonally warm conditions again highlighted the need for action on global warming. The report said the average temperature was 1.11C higher during April, with the "warm wave" last month delaying the onset of winter across southern Australia. Council member Will Steffen said records set in WA last month included...

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