Dairy farmers angry over slashed raw milk prices
Dairy farmers in Australia have expressed anger over decision by Murray Goulburn and Fonterra to cut prices paid by them for raw milk.
Australian Stork Market Face a Set Back with Low Commodity Prices and Subdued Global Growth Outlook
Concerns regarding the health of global economic growth and low commodity prices are reason behind the set back in the Australian stock market. On Wednesday, it opened significantly lower after an unenthusiastic guidance from Wall Street.
The S&P ASX 200 index opened 1.1 percent down at 5,298.1 points. The benchmark lost 60.60 points or 1.13 percent in the late-morning trading.
Australian entrepreneursays he created bitcoin
Australian entrepreneur Craig Steven Wright has announced on Monday that he created the popular bitcoin, which is world first somewhat accepted digital currency.
Murray Goulburn Cut Milk Prices, Farmers Feel the Pinch
Australia's largest milk processor Murray Goulburn Co-operative Co trimmed the long-held milk price which it planned to pay farmers, by about fifteen percent. This was the first cut to milk price in a mid-season after the financial crisis hit the globe. The move angered the farmers.
French Naval Contractor DCNS wins Australia’s New Submarine Fleet Contract Worth $40 billion
According to sources, France surpassed bids from Germany and Japan and won the A$50 billion or $40 billion contract for building Australia's new fleet of submarines. The contract went to French naval contractor DCNS. The budding defence export industry of Japan suffered a major blow by losing the contract.
Core Inflation Rate is Expected to be Lower in the First Quarter as Reserve Bank of Australia Publishes Data on Wednesday
In the first three months of the year the core inflation in Australia have probably eased further but most economists say that it will not be sufficient to power a cut in the cash rate.
According to them, the focus of the Reserve Bank of Australia on the boosting the labor market and spurring business confidence and growth means, the financial agency will look through softer consumer price data as it is expected to be published in this week on Wednesday.
Parents refuse cancer treatment for 6 year old child
The parents of a six year old boy in Australia have said that they have refused cancer treatment for six year old son and are opting for alternative treatment in Asia.
They defended their decision to refuse chemotherapy treatment for a malignant brain tumour, in an interview. Angela Kiszko and Adrian Strachan, who are form tehcity of Perth in Australia, said that they want alternative treatments for their son's medulloblastoma instead ofchemotherapy and radiotherapy as recommended by their doctors.
Orion Health gets lucrative deal from Metro North
Orion Health has been successfully in getting a lucrative contract from Metro North, which is the biggest health service provider in the state of Queensland in Australia.
Orion Health is a leading health systems software company and it is the company's second large contract in a fortnight. The company had announced in the previous week that it is entering into a contract with a major American healthcare provider.
Study shows premature babies are at higher risk of infections
According to a new research study, premature babies are a t a much higher risk of infectious diseases. The study also showed that the babies are at a higher risk not just when they are born but also through childhood and even until they are teenagers.
Mental health patient loses bid to remove smoking ban at hospital
A mental health patient in Melbourne has lost a bid to remove a smoking ban at a high security mental health hospital.
Qantas Teams with ViaSat Ka-band to Offer Super-speed In-flight Wi-Fi to Passengers from Next Year
Qantas announced it is teaming with ViaSat Ka-band for offering free high-speed connectivity to customers staring from next year.
ViaSat will deliver Qantas passengers with speed and capacity that is enough to stream movies, watch TV shows and log onto news and live sports.
Qantas CEO, Alan Joyce, said, "The sheer size of the Australian landmass creates some significant challenges for in-flight connectivity but the recent launch of NBN's satellite has opened up new opportunities that we plan to take advantage of with ViaSat's help."
Analysis by Deloitte Access Economics Reveals Uber Delivers $80million Worth Yearly Benefits to Australian Consumers
An analysis by Deloitte Access Economics, says that Uber, the ride hailing services company generates yearly benefits of greater than $80 million to Australian consumers.
Uber operates through its app which connects drivers to users and processes fare payments. It also identifies the ratings that the drivers get from their consumers after a journey.
New cancer nurse counselling service launched in Queensland
A new nurse counselling service has been launched in the state of Queensland in Australia to help cancer patients.
Beekeepers contract research claiming “Australian honey is contaminated”
Beekeepers and Australian honey industry have contradicted a new research claiming that the Australian honey is the worst honey in the world.