Budget will be economic plan: Morrison
Budget will be economic plan: MorrisonPaul Osborne, Aap Senior Political WriterAAPApril 29, 2016 5:52PMSavePrint Treasurer Scott Morrison says the budget will be an economic plan that backs Australians who want to drive jobs and growth.Mr Morrison will deliver his first budget on Tuesday, days before Prime Minister Malcolm Turnbull seeks a double-dissolution election on July 2, the treasurer says.He says Australians understand the global economy is going through a "difficult" period."But they'r..>> view originalLift geoblocking as 'frustration' drives illegal downloads, Productivity Commission finds
Australia’s intellectual property system has swung too far in favour of rights holders at users’ expense, a new report has found, with most online infringement driven by “sheer frustration” at poor access. In its draft report on the state of intellectual property in Australia, the Productivity Commission said the current system was unbalanced, prioritising the interests of “vocal rights holders and influential IP exporting nations” over those of consumers and taxpayers. It recommended a “new, p..>> view originalNine switches regional TV partners
The Nine Network has signed a new affiliation deal with Southern Cross Austereo in what shapes as a major shakeup of regional TV media. Nine is currently alligned with WIN in a deal that ends on June 30, while regional TV broadcaster Southern Cross Austereo has an agreement with the Ten Network. The new five year deal between Nine and Southern Cross begins on July 1.>> view originalSaul Eslake tells RBA to save rates ammunition in case of AAA downgrade
Saul Eslake sees no compelling need for a budget day interest rate cut after this week's shock inflation data. Christopher Pearce The Reserve Bank of Australia is being urged to preserve its dwindling monetary policy ammunition so that it can ease official interest rates to offset a likely surge in wholesale bank borrowing costs should Australia lose its AAA credit rating after the budget.Saul Eslake, one of the nation's most respected economis..>> view originalNurofen maker Reckitt Benckiser fined $1.7m for misleading conduct
The ACCC said the caplets in all four products contained the same active ingredient, ibuprofen lysine 342mg. The company that sells Nurofen has been fined more than $1 million for misleading consumers about its specific pain products.The Federal Court previously decided that Reckitt Benckiser, which sells market-leading ibuprofen medication including Nurofen Specific Pain Relief products, had engaged in misleading conduct by advertising that its products were ..>> view originalApple: Carl Icahn sells stake in tech giant on China woes, warns of 'day of reckoning'
Apple: Carl Icahn sells stake in tech giant on China woes, warns of 'day of reckoning' Updated April 29, 2016 13:45:58 Billionaire activist investor Carl Icahn says he had sold his entire stake in Apple, citing the risk of China's influence on the stock. Key points:Carl Icahn has previously argued that shares of the iPhone maker were worth $240"We no longer have a position in Apple," Mr Icahn saysThe Chinese Government could make it very difficult for Apple to sell the..>> view originalGoogle restructures to avoid hefty penalties in Australia, as tax bill hits $16 million
Video will begin in 5 seconds. Hockey introduces 'bad tax law' BusinessDay's Nassim Khadem explains why Joe Hockey's latest tax law has business groups up in arms. PT1M29S 620 349 Google Australia has restructured and vowed that in the future it will count its lucrative advertising revenue locally on its tax bills.Its 2015 tax bill hit $16 million, but still remains a fraction of its overall profit.The accounts come ahead of Tuesday's federal budget where the Turnbull governme..>> view originalSA Aboriginals against nuclear waste dump
SA Aboriginals against nuclear waste dumpBy Georgie MooreAAPApril 29, 2016 3:48PMSavePrint A proposed low-level nuclear waste dump in outback South Australia is an "affront" to Aboriginal culture, a traditional owner says.SA's Treasurer Tom Koutsantonis has also raised concerns about the selection process that led to a cattle station at Barndioota, near the Flinders Ranges, being named as the preferred site to store medical and laboratory waste currently in Sydney.Adnyamathanha woman Regina McK..>> view originalNews Corp Australia boss Michael Miller attacks TV anti-siphoning laws
Friday, April 29, 2016
Budget will be economic plan: Morrison and other top stories.
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