A single, unprovoked punch to the head from a stranger was enough to kill teenager Thomas Kelly as he walked through Sydney’s most famous nightspot with his girlfriend. Almost two years on, authorities are fighting back.
Architects of the float of Australia’s dollar, trading at a similar level to when exchange controls were lifted 30 years ago, say the currency must devalue and economic reform be renewed to avert a recession.
Australian Prime Minister Julia Gillard, needing an unprecedented recovery in popularity to win elections in three months, faces a window in coming weeks where her leadership could again come under challenge.
Here’s the plot: an unmarried, foreign-born, atheist woman whose partner is a male hairdresser wants to lead a major nation famous for manly men. Her opponent is the “Mad Monk” -- a Speedo-loving amateur boxer who once studied to be a priest.
Australia’s dollar declined for a second day after a domestic report showed the unemployment rate climbed to match the highest level since 2009 and ahead of U.S. data forecast to show consumer spending accelerated.
Australia’s economy expanded slower than economists forecast last quarter after households boosted savings, suggesting the central bank may need to do more to spur spending as a mining investment boom wanes. The Aussie fell.
Julia Gillard saw herself as equal to men years before becoming the first woman to lead Australia. As a teenager she forced her high school to abandon the practice of putting more girls than boys at work cleaning the school and demanded the job be shared equitably.