Last Update: June 19, 2013 11:14 PM EST

RBA May Lower Rates Again Despite a Weak Australian Dollar

The Reserve Bank of Australia (RBA) has let interest rates remain the same amidst weak economic conditions. The mining industry remained weak following the job cuts and shutdown of Newcrest Mining's Brisbane offices. The RBA is open to reduce interest rates further if the weak mining industry begins to put a strain on the entire economy of Australia. Based on a tame inflation outlook, the central bank of Australia said it still has leeway to lower interest rates.

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Wayne Swan

From Politics & Policy

Australian Treasurer Wayne Swan Launches Fix-o-Gram App

Treasurer Wayne Swan rolled out on Tuesday his own app, the Fix-o-Gram which allows his constituents in the marginal Brisbane seat of Lilley to send him photos of potholes, traffic jams or other local problems to alert him.

Blog Leaks Intel's Detailed Roadmap for 2013

From Companies

Blog Leaks Intel's Detailed Roadmap for 2013, Company Shows Plans after Haswell and Before Haswell-E

Intel’s Corp’s detailed roadmap for 2013 was leaked through a blogsite: asder00.blogspot.it. The blog showed slides of the desktop platform roadmap of the company. The slides show that Intel is not planning on releasing a microprocessor by the name Broadwell.

Dumb Ways to Die

From Entertainment

Aussie Super Viral Safety Ad ‘Dumb Ways To Die’ Wins Big At Cannes

There are so many dumb ways to die, but only one to win big. The Aussie viral music video “Dumb Ways To Die” has won seven awards at the Cannes Lions International festival of Creativity.

Malala Yousafzai

From Politics & Policy

Malala Yousafzai, United Nations Condemn Islamabad Bus Bombing; Muslim Girls Denied Rights to Education

Girls Education rights advocate Malala Yousafzi condemned the bombing of a bus in Islamabad by a female suicide bomber.

Floods Spurred By Heavy Monsoon Rains Washes Homes, Trigger Landslides in India, More Than 50 Feared Dead

From Politics & Policy

Floods Spurred By Heavy Monsoon Rains Washes Homes, Trigger Landslides in India, More Than 50 Feared Dead

At least more than 50 people in northern India are feared dead after their homes were swept away by ravaging floods brought about by incessant heavy monsoon rains over the past days. The worst hit were the states of Uttarakhand and Himachal Pradesh.

Apple Inc

From Politics & Policy

PRISM Controversy: Apple Admits Handing Customers’ Data to the Government

In a Customer Privacy statement released by Apple, the company detailed what data they allow and do not allow for government to access.

Air New Zealand Unveils New Shark-Finned Airbus A320 Planes

From Economy

Air New Zealand Unveils New Shark-Finned Airbus A320 Planes

Air New Zealand has unveiled during the 50th Le Bourget Paris Air Show its brand new shark-finned Airbus A320 aircraft planes.

Unemployment rate may be higher in a broader scale

From Economy

Australia Recession Can Be Avoided Says NAB Chief

National Australia Bank (NAB) Chief Executive Cameron Clyne is not intimidated by Goldman Sachs economist's statement that Australia might have a 20 per cent chance of going into recession in 2014.

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From Politics & Policy

Pakistan’s Poverty And The Multi-Million-Dollar Watch

Pakistan, one of the poorest nations on earth, has an average annual per capita income of about $1257.

From Entertainment

Rihanna Hits Fan In The Face With Microphone During 'Diamonds' World Tour [VIDEO]

Rihanna is not against hitting her fans if they get too close, as she demonstrated during a recent concert performance.


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