National

  • Jobs ditched as metal prices tumble

    The mining town of Broken Hill in western NSW is about to feel the full brunt of the downturn in base metal prices as more than 450 jobs - or almost two-thirds of the workers at the silver, lead and zinc mine - are to be axed.

  • Gleeson bows out on a private note

    The High Court is strongly independent and does not divide along political lines, retiring Chief Justice Murray Gleeson said yesterday at the end of his 10-year appointment.

  • Efficiency dividends 'a costly danger'

    Watchdog agencies warned yesterday that federal government funding cuts had forced them to cut back on crucial oversight programs.

  • Kennedy's High Court bid v ATO

    Trevor Kennedy is making a final effort to have the Tax Office explain how it obtained correspondence with his Swiss lawyer by filing an appeal to the High Court.

  • Unemployment rise likely as skills demand slows

    Demand for skilled workers has fallen to its lowest level in 10 years in a sign that the labour market is softening as the economy slows, raising the risk of an increase in unemployment.

  • A bungle to wipe smile off one PM's face

    Prime Minister Kevin Rudd was embarrassed yesterday by a departmental briefing note that described New Zealand Prime Minister Helen Clark as a control freak who had foreign policy views forged during the Vietnam War.

  • Construction faces tough regime

    Employers who underpay wages or threaten workers could face greater scrutiny under new federal regulations.

  • Coke's profit whets thirst for more deals

    Coca-Cola Amatil chief executive Terry Davis is targeting acquisitions worth more than $800 million.

  • Gunns seeks $300m to save the pulp mill dream

    Gunns will announce a major capital raising as soon as today to shore up its balance sheet.

  • Claims car makers cut corners on safety

    Australian car safety standards are lower than those in the United States, Europe and Japan because governments have failed to revise "outdated" rules under pressure from cost-cutting manufacturers, a year-long Victorian parliamentary inquiry has found.

  • Don't give it away, Carpenter tells voters

    West Australian Premier Alan Carpenter has declared that the result of the state's election on September 6 is on a "knife-edge" and has urged voters not to take a risk on an "underprepared" opposition.

  • Resale royalties may face constitutional hitch

    The resale royalty on secondary art sales that the Rudd government plans to introduce next year could be significantly hobbled because of the constitution.

  • Nuclear power debate hots up

    Big energy users have backed the federal opposition's stance on nuclear power, arguing it makes no sense to rule out a proven source of base-load electricity while the prospects for clean coal or geothermal generation are unclear.

  • Parties push the boundaries

    The major political parties in Queensland both say new electoral boundaries released yesterday will make it harder to fight the state poll in 2009.

  • $1bn in naval destroyer deals to seal

    Australia's most complex shipbuilding project will deliver three ships - and $24 billion in support work, writes John Kerin.

  • Destroyer on a mission

    The destroyer USS John S McCain arrives in Sydney Harbour yesterday to mark the 100th anniversary of the Great White Fleet, an armada of 16 battleships sent around the world by former US president Theodore Roosevelt in 1907-09

  • Power to the...opposition

    Morris Iemma faces his day of reckoningon electricity, writes Tracy Ong.

  • Briefs

    Million for disabled

  • Briefs

    Desalination in clear

  • Kirby calls for 'sham' scrutiny

    High Court judge Michael Kirby has called for courts in tax cases to be more active in looking beyond the documents of a transaction and into the parties' intentions.

  • RBA talks to PayPal

    The Reserve Bank of Australia has initiated talks with online auction giant eBay's payments subsidiary, PayPal, to seek the removal of a number of alleged anti-competitive transaction rules.

  • Unions ready for Telstra, big miners

    Telstra's three unions have served formal bargaining notices on the giant telco, as the labour movement ramps up legal strategies in response to big companies increasingly making use of non-union collective agreements.

  • National model jeopardised

    Labor's hopes of establishing a national workplace regime covering all Australian workers has been put in doubt after a landmark court ruling that councils - and potentially other not-for-profit organisations such as charities - are to remain under state industrial laws.

  • Hospital money handling found wanting

    A culture of looking after "mates", backhanders and sloppy financial records has been exposed by a Victorian ombudsman's investigation into procurement practices for non-clinical goods and services at state hospitals.

  • Media blamed for defensive FOI laws

    The head of the Australian Public Service Commission, the authority charged with upholding the independence and integrity of Canberra's 150,000 federal bureaucrats, has accused the media of being responsible for the defensive state of freedom of information laws in Australia.

  • All fired up

    Sponsorship, philanthropic and box office income are hard-won in the Northern Territory, where festival organisers hope to create more work for export, writes Katrina Strickland.

  • About town

    Sydney

  • Most states, it seems, are up for grabs

    Nearly two years ago, the Liberal Party was toast

RTC model

The US appears to be putting its houses - Fannie and Freddie - in order, writes Glenn Mumford.