AUSTRALIA

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Australian dollar outlook 14/5/2010

The Australian dollar has opened lower this morning as investors moved away from risk assets, leading to falls in equities and commodity prices.

Daily forex forecast - 14/5/2010

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Home loan figures in Australia fell -3.4% in March exceeding expectations as signs the Reserve Bank of Australia's rate hikes are starting to have an impact.

Don't eat raw slugs, warned Australian health officials

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Australian health authorities adviced people not to eat raw slugs, following the incident of a 21-year-old man who was reported to devour a raw gastropod in a dare game, and as a result had been critically ill with a rare type of meningitis.
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Future perfect: Silver to continue bull run

Global woes and the uncertainty over the future have forced investors to go for bullion and the prospects for silver is extremely good in the coming years, said metal consultants CPM Group.
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Mental health is 'everybody's business' research says

Mental health has been called to be put highest priority in the national health and political agenda, by one of Australia's largest churches, Wesley Mission, following the findings of recent research stating 77 per cent of people in NSW have either experienced mental illness or knew someone who had.
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Daily forex forecast - 12/5/2010

The Australian dollar rallied against the US during Asia despite data showing a decline in business confidence and job advertisements.
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China prices point to tightening, but not immediately

Chinese annual inflation pushed up to an 18-month high in April and property prices rose at a record clip, showing that the government still has its work cut out to keep the world's third-largest economy from boiling over.
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Rising prices point to more China tightening

Chinese annual inflation pushed up to an 18-month high in April and property prices rose at a record clip, showing that the government still has its work cut out to keep the world's third-largest economy from boiling over.
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Government review over poor dialysis services

The government will be reviewing the services of renal dialysis in Central Australia after it was heavily criticised for sending indigenous patients away from Alice Springs which is much closer to them.
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Australian dollar outlook 11/5/2010

The AUD is fairly unchanged from yesterday's close to be currently trading around USD0.9030 despite the huge gains posted in the offshore equity markets.
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Another gold rush likely in Victoria!

Till recently, Victoria was just another state in Australia. Geographically the smallest mainland state, Victoria is all set to witness the second gold rush in the coming days after the discovery of gold for the first time in 1851 at Ballarat and Warrandyte transformed it into a leading industrial and commercial centre.
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Peabody pares bid for Australia's Macarthur Coal

The impact of a proposed tax on mining firms in Australia hit home on Monday as Peabody Energy cut its takeover bid for Macarthur Coal and Xstrata suspended copper exploration work in Queensland, both citing the tax.
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Health check for people with mental illness

Following the new data released by SANE Australia revealing 90 per cent of the mentally ill who also suffered from chronic diseases like heart disease and diabetes, the government has been called to bring in a Medicare Benefits Scheme item number to promote health checks by GPs on people with mental illness.
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Food can increase cancer risks

Chief executive officer of Cancer Council Australia has supported the findings of the US cancer report calls for the removal of carcinogens and pesticides from food and water, stating more needed to be done to fully understand the issue.
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Sovereign wealth funds see risks up, but Greece unique

Sovereign risks have risen due to the turmoil in the euro zone, but the woes Greece faces are not the same as in other European nations and the situation can be resolved, the chair of a meeting of sovereign wealth funds said.
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Aussie Miracle Method of Restoring Eyesight

After 15 years of study, an internationally renowned ophthalmologist Ian McAllister claimed to have found the first cure for the world debilitating condition central Retinal Vein Occlusion (RVO) through laser treatment.
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Swiss Re confident it can repay Buffett

Swiss Re , the world's second-biggest reinsurer, boosted its capital by around $3 billion, giving it confidence it can repay a costly convertible loan from billionaire Warren Buffett and regain a key credit rating.

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