20 August 2008, 7:53 pm
Sydney, which like the rest of Australia has enjoyed 17 straight years of economic growth, now has a two-speed economy, and the divide between the winners and losers appears to be widening.... read more
20 August 2008, 7:36 pm
Sydney - At school sports in Australia the boys always race first but at the Beijing Games the old order is rapidly changing with women usually the first to the medals and the men most often languishing down the order. The wheel has certainly turned...... read more
20 August 2008, 7:29 pm
SYDNEY, Aug 21 (Reuters) - The Reserve Bank of Australia (RBA) sold A$300 million ($261 million) of Australian dollars on a net basis on the spot foreign exchange market during July, the central bank's latest Bulletin released on Thursday showed.... read more
20 August 2008, 7:16 pm
(AP:SYDNEY, Australia) Qantas Airways Ltd. reported Thursday a 44 percent rise in annual net profit, but acknowledged it is beginning to feel the effect of a slowing economy and higher fuel costs.... read more
20 August 2008, 6:34 pm
SYDNEY, Aug 21 (Reuters) - Sales of new motor vehicles in Australia fell 3.4 percent in July from the previous month on a seasonally adjusted basis, the Australian Bureau of Statistics said on Thursday.... read more
20 August 2008, 5:53 pm
SYDNEY, Aug 21 (Reuters) - Australia's Perilya Ltd will cut its zinc production by almost half in the face of low metals prices and will wait for a rebound in the commodities cycle before resuming full operations, it said on Thursday.... read more