Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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Pressure was building Tuesday on defeated Prime Minister Kevin Rudd to quit politics, with senior figures within his Labor Party saying he will be a destabilizing influence. Rudd’s popularity with the Australian public came crashing down Saturday when he was soundly defeated by conservative ...
Australian Prime Minister-elect Tony Abbott begins the transition to government, but faces potential hurdles in the Senate to drive through his reform agenda.
The wounds from his torture were still bleeding when Sri Lankan asylum seeker Sutha was picked up by the Australian Navy from a sinking boat in the Indian Ocean. He had spent 16 days at sea on a leaky vessel with 48 other men, ...
A poisonous Australian election campaign will reach its climax Saturday, with conservative opposition leader Tony Abbott on track to become the next prime minister at the expense of Labor’s Kevin Rudd. With more than 1 million votes already cast and a blackout on political ...
Rupert Murdoch’s clout in Britain and the United States might have diminished, but in Australia he dominates the media landscape, playing a prominent role in undermining Kevin Rudd’s dream of retaining power, analysts say. While the ruling Labor Party has long trailed the Tony ...
Australia’s commercial TV networks are refusing to run an advert that accuses Rupert Murdoch of printing “misleading crap” in his newspapers ahead of national elections, the activist group behind the ad said Wednesday. The Australian-born Murdoch, now a U.S. citizen, owns mass-selling newspapers in ...
Australia's current election campaign is proof that former Prime Minister Julia Gillard wasn't dispatched for her performance.
Prime Minister Kevin Rudd on Monday likened rival Tony Abbott’s “baddies versus baddies” comments on Syria to a children’s game of cowboys and Indians, saying he is unfit to deal with foreign policy. Abbott is the front-runner to win Saturday’s general elections over center-left ...
From the frozen Antarctic to the dry and remote outback, millions of Australians will cast their ballots Saturday in an election that poses logistical challenges in a continent-sized country. Voting is compulsory and a record 14.7 million Aussies are registered to make their mark ...
Prime Minister Kevin Rudd on Saturday said he believes the upcoming election will be closer than polls suggest, after a survey showed the government faces a wipeout in crucial seats. The Labor leader is trailing conservative opposition leader Tony Abbott ahead of Sept. 7 ...
Prime Minister Kevin Rudd said Tuesday that key naval assets could be relocated north to adapt to a changing security landscape and put personnel nearer to their fields of operation. Rudd, facing national polls on Sept. 7, said moving Sydney Harbor’s Garden Island base ...
Australia’s Labor government Monday pledged to press on with plans for a high-speed rail network linking major east coast cities, saying it would diversify the economy as the mining boom slows. Prime Minister Kevin Rudd, battling a strong candidate in conservative opposition leader Tony ...