NSW govt to extend home owner grant

Next week's NSW budget will extend eligibility criteria for a first home owner grant. Source: AAP THE NSW government has freed land for 6600 new homes in Sydney's northwest and will extend the first home owner grant in this month's budget....

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New report spells out phone tap powers

Government tapping of people's phones is widespread around the world, a new UK report shows. Source: AAP GOVERNMENT tapping of people's phones is widespread around the world with Australia among a long list of countries permitting access to...

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Senior SA Liberal to retire within a year

FORMER Liberal leader Iain Evans will quit the South Australian parliament within 12 months, which will spark a by-election. The opposition treasury spokesman made the announcement on Friday after meeting state Liberal leader Steven Marshall....

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NSW maintains AAA credit rating

CREDIT ratings agency Moody's has reaffirmed NSW's long-term AAA rating. The agency says the rating reflects the state's diverse economic base, budget flexibility and secure and predictable grants from the Commonwealth. "To obviously receive...

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Vic police investigate baby's injuries

A SIX-WEEK-OLD baby girl has recovered from serious injuries that Victorian police are treating as suspicious. The six-week-old girl was taken to Sale Hospital with serious injuries on March 6. The baby has since recovered, but detectives are...

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NZ dollar climbs from three-month low

THE New Zealand dollar has climbed from a three-month low as traders recovered lost confidence in the local economy, and lowered their expectations for a downgrade to the Reserve Bank's interest rate track. The kiwi rose to 84.41 US cents at...

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Shipyards warned projects may go overseas

THE federal government has warned local shipbuilders it could look overseas for new frigates if they don't lift their game in constructing three new air warfare destroyers. The $8.5 billion AWD project is now running almost two years late and...

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Singapore predator joins Australand battle

A PREDATOR from Singapore has joined the takeover battle for property group Australand and won the endorsement of the takeover target's board. Frasers Centrepoint has proposed an offer of $2.59 billion in cash for Australand, at $4.48 per Australand...

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RBA's stance confirmed by data

THE Reserve Bank has confirmed it plans to keep interest rates steady, and the latest economic figures give no reason to suspect that plan will change in the near future. In announcing the cash rate would be kept at its multi-decade low of 2.5...

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Laid-off staff fear for entitlements

SIX hundred workers across Australia axed by a major electrical contractor have been left fearing their entitlements will not be paid. Employees at PSG Elecraft offices in NSW, Victoria, Tasmania, South Australia and Queensland were told the news...

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Asaleo gears up for market debut

PERSONAL hygiene products maker Asaleo is hoping to raise up to $690 million ahead of its stock market debut in July. The maker of Sorbent toilet paper and Libra feminine hygiene products is pricing its offer at up to $1.80 a share, which could...

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Brown wooed as face of Tasmanian tourism

BOB Brown is being wooed as the face of Tasmanian wilderness tourism. The former Greens leader has been sounded out by the state's tourism industry to promote Tasmania's World Heritage Area. The idea builds on the recent Go Behind the Scenery...

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Vic taxi driver bashed unconscious

A taxi driver has been attacked while filling his car at a Melbourne petrol station. Source: AAP A TAXI driver has been kicked and bashed unconscious in an unprovoked attack in Melbourne. The driver was filling his taxi at a Spotswood...

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NSW police reach stricken yacht

A YACHT stranded off the coast of Port Stephens, on the NSW mid north coast, is being towed back to Coffs Harbour after engine trouble. The sole person on board - a 46-year-old man from Sydney - is not believed to have been injured, police said...

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