Turnbull promises $49 million for Arrium steelworks
PRIME Minister Malcolm Turnbull has promised to provide $49.2 million to the troubled Arrium steelworks in Whyalla, South Australia, in a bid to shore up about 2700 jobs at the plant. Announced yesterday, the sum falls short of Labor's $100 million pledge to the company, but the government maintains it has the better offer. The announcement represents a backflip on former prime minister Tony Abbott's hardline stance of refusing to provide SA's ailing car industry with a bailout. Mr T..>> view originalBrisbane's cross river rail project to cost $5.4b: Trad
It will cost about $5.4 billion to build a much-needed second river rail crossing in Brisbane to ease traffic congestion, Queensland's deputy premier says.Jackie Trad revealed on Sunday the government had received the project's business case "in the last 72 hours". More News Videos Previous slide Next slide Cross River Rail: flyover Koby 'spun a pretty good story' 9yo girl battling ovarian cancer Heavy rain coming this weekend Hus..>> view originalEU Banking watchdog to leave London if Brexit
EU Banking watchdog to leave London if Brexit>> view originalMarkets remain skittish as Brexit vote looms
Voting to leave the EU could be bad news for the British economy, the IMF has warned. Photo: Getty Images Higher oil and commodity prices are expected to boost the Australian sharemarket on Monday, but the Brexit vote at the end of the week is likely to keep financial markets skittish.Just before the vote on Thursday, investors will be looking at the Reserve Bank of Australia minutes for local monetary policy guidance, two testimonies from US Federal Reserve ..>> view originalHomeless and drug programs in NSW budget
Homeless and drug programs in NSW budget>> view originalTruck drivers take to West Gate Bridge to protest pay
Truck drivers, their families and the families of those killed in truck crashes joined co-ordinated convoys and protests around the country on Sunday. Photo: Jason South Hundreds of Victorian truck drivers and their families have driven in convoy across the West Gate Bridge as part of a national campaign to highlight the industry's high death toll.The Transport Workers Union protest began at 10am on Sunday across five capital cities.Between 50 and 100 trucks ..>> view originalCould British EU exit be watershed for global economy?
FRANKFURT, Germany – A British exit from the European Union could cause global market swings for a while. But that would soon pass. If we're lucky, that is. Much darker scenarios for the global economy are also being discussed by economists as they try to gauge the risks of Thursday's referendum for the wider world. While economists say a British exit from the EU — or Brexit, as it is known — would be painful mainly for the country itself and to a lesser extent for rest of the Europe, the cons..>> view originalSky rail protesters march en masse in Hughesdale
Sky rail protesters march en masse in Hughesdale The sky rail protesters in Hughesdale. Photo: Courtesy of Seven News, via Twitter Protesters have taken to the streets in Hughesdale, marching en masse along the proposed sky rail track.Hundreds of opponents to the Andrews government's proposed sky rail gathered at Galbally Reserve, Hughesdale, on Sunday morning before walking along the Dandenong line from Hughesdale station towards Carnegie.The No Sky Rail g..>> view original
Sunday, June 19, 2016
Turnbull promises $49 million for Arrium steelworks and other top stories.
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