AUSTRALIA

The latest study published in the Australian and New Zealand Journal of Psychiary reveals older Australians as the country's primary consumers of antidepressant drugs, despite higher rates of depression observed among younger population.

The Australian Dollar is trading in very wide ranges as we write this report. The low of the day so far is USD 0.8072.

The AUD has been on a wild ride over the last 24 hours as risk aversion spurred another round of solid selling.

The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.

With the rapid onset of the worldwide recession in late 2008, marked by sharp drops in commodity prices that continued till 2009 marked notable implications on base metals, where the global mergers and acquisitions activities came almost to a halt.

A recent report reveals about 90 per cent of Australians with hepatitis C have not undergone treatment, although treatments for the condition are available.

Online travel agency Priceline.com said it acquired Manchester-based TravelJigsaw Ltd, a car hire reservation provider, to expand its international business.

The Australian Dollar continued to be sold off overnight on the back of a weaker EUR while equity markets had a mixed night.

The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.

An informant for U.S. regulators probing fraud claims against Goldman Sachs has urged Australia's markets watchdog to also investigate the U.S. bank, a newspaper said on Tuesday.

In a national survey conducted by Hepatitis Australia revealed that vast majority of Australians have a disturbingly low knowledge of hepatitis B and C.

The AUD has opened this morning fairly unchanged despite falling through the USD0.8700 level last night.

New study says that telemarketers talk so much they've been making themselves sick.

Kate Pulling, now aged 23 was found to be suffering from an unknown disease in which her immune system's signaling processes fails to function properly leading her to fall sick frequently. She has gone through hospital care for more than a decade as a result of the condition

Global miner BHP Billiton appeared to soften on Monday its opposition to a new Australian mining tax, saying the levy should apply only to new projects, while the government signaled it might be open to compromise.

Indigenous communities in central Australia have ranked the worst in the world for rates of severe pneumonia among young children.

Australia's federal government is aiming to wrap up consultation talks with miners over its plans for a new tax as soon as possible to help investment decisions, Resources and Energy Minister Martin Ferguson said on Monday.

National Australia Bank , the country's top lender, has returned about A$3.5 million ($3.10 million) to 16,000 customers for overcharging them, due to a system error, and interest compensation.

Children whose mothers had low exposure to sunlight during their first three months of pregnancy may have a higher risk of developing multiple sclerosis(MS) later in life, according to a study in Australia.

According to recent study released, Indigenous children from the central Australia experience the highest rate of the potentially lethal severe pneumonia in the world.

Based on the national survey conducted by Hepatitis Australia, most Australians surprisingly have a disturbingly limited knowledge of hepatitis B and C.