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Australia shares steady as consumer stocks support; RBA meeting eyed

2014-05-06 10:22:17| Grocery - Topix.net

Australian shares held steady in subded trade on Tuesday morning, underpinned by modest gains in consumer stocks, as investors looked ahead to the Reserve Bank of Australia's policy-setting meeting later in the day.

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Australia billionaire in brawl probe

2014-05-06 05:34:45| BBC News | Business | UK Edition

Police begin an investigation into a street brawl between Australian billionaire James Packer and a TV network head that has sparked a tabloid frenzy.

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Australia: Wind energy surges to record share as coal ebbs

2014-05-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: The Liddell coal-fired power station near Singleton: The shift away from coal for power and towards renewables such as wind may be reversed if the carbon tax is axed. Photo: Nick Moir Wind energy`s share of Australia`s main electricity market jumped to a record last month, helping to curb emissions from the power sector even as hydro output shrank, according to energy consultancy Pitt & Sherry. Wind farms, derided last week by Treasurer Joe Hockey as "utterly offensive" blights on the landscape,...

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Australia risks going backwards on climate change and straining Pacific ties

2014-05-05 09:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australia risks going backwards on climate change, straining relations with small Pacific island states that are being hit by unusually powerful storms, floods, droughts and massive tides, according to the foreign minister of the Marshall Islands. Australia has always been our friend but the change in their government last year has resulted in problems, said Tony de Brum on a visit to London to address British and other countries economic and political leaders about the physical plight that...

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Australia: Climate scientists in audit commission's crosshairs

2014-05-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

SMH: The nation`s climate and weather predicting capacity and the jobs of dozens of scientists are at risk if the Abbott government accepts a recommendation of the National Commission of Audit to axe a key program, researchers said. The Australian Climate Change Science Program`s four-year funding of $31.6 million, mostly to the CSIRO and the Bureau of Meteorology, duplicates work by those and other agencies and "should be returned to the budget or allocated to priority areas", the commission said...

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