Bureau Chief, Pacific, Sydney
Mark's Feed
Aug 27, 2010

Gambling enters Australia’s political end-game

SYDNEY (Reuters) – Tighter regulation of Australia’s $10 billion slot-machine industry could become an issue in determining the nation’s next government, after a pivotal independent lawmaker called on Friday for gambling reform.

Andrew Wilkie is one of five cross-bench lawmakers who will determine which of Australia’s two major political parties form a minority government after an inconclusive weekend election.

Aug 22, 2010

Scenarios: Australian markets brace for post-election selloff

SYDNEY (Reuters) – Australian shares and the local currency are set for a sell-off on Monday after a weekend election appeared to have realized investors’ worst fears — a minority government and big swing of votes toward Green MPs.

Following are likely impacts on the Australian dollar, the local share market and domestic interest rates on Monday:

Aug 22, 2010

Australia faces hung parliament, markets nervous

SYDNEY (Reuters) – Australia’s two major parties began wooing independent lawmakers on Sunday after an inconclusive election left the nation facing its first hung parliament since 1940, the worst possible outcome for markets.

The Australian dollar and shares are likely to face a sell-off when trading resumes on Monday, analysts said, with the vote count threatening to drag on for days and both the ruling Labor party and opposition seemingly unable to win a majority.

Aug 22, 2010

Australia faces hung parliament

SYDNEY (Reuters) – Australia’s two major parties began wooing independent lawmakers Sunday after an inconclusive election left the nation facing its first hung parliament since 1940, the worst possible outcome for markets.

The Australian dollar and shares are likely to face a sell-off when trading resumes Monday, analysts said, with the vote count threatening to drag on for days and both the ruling Labour party and opposition seemingly unable to win a majority.

Aug 22, 2010

Markets nervous as Australia faces hung parliament

SYDNEY (Reuters) – Australia’s two major parties began wooing independent lawmakers on Sunday after an inconclusive election left the nation facing its first hung parliament since 1940, the worst possible outcome for markets.

The Australian dollar and shares are likely to face a sell-off when trading resumes on Monday, analysts said, with the vote count threatening to drag on for days and both the ruling Labour party and opposition seemingly unable to win a majority.

Aug 20, 2010

Australia confronts prospect of minority government

SYDNEY (Reuters) – Australia could have its first minority government in 70 years, a worst-case scenario for investors, with an election-eve poll showing the ruling Labor party drawing level with the conservative opposition.

The vote looks so close, the result may have nothing to do with policy but simply come down to which leader, Prime Minister Julia Gillard or the opposition’s Tony Abbott, voters like best.

Aug 20, 2010

Australia faces prospect of minority government

SYDNEY (Reuters) – Australia could have its first minority government in 70 years and a worst-case scenario for investors, with an election-eve poll showing the ruling Labor draw level with the conservative opposition.

Assistant Treasurer Chris Bowen, a senior party strategist, said the election was so tight that a hung parliament was just a likely as either a re-elected Labor government or a victory for the conservative coalition.

Aug 10, 2010
via Global News Journal

Irony the clear leader in Australian election campaign

Photo

Australia’s election campaign has been mostly dull and stage-managed, leaving a lot of us bored and cynical, but it has at least served up one delicious irony.

In a land of immigrants, the two main candidates are promising to crack down on immigration if elected — even though both were themselves born overseas.

Jul 31, 2010

Australian PM Gillard heading for defeat: new poll

SYDNEY (Reuters) – Australian Prime Minister Julia Gillard is heading for a shock defeat at elections on August 21, a new opinion poll showed Saturday, as government infighting and damaging cabinet leaks threatened to derail her campaign.

Defeat for Gillard, though still considered unlikely by most other opinion polls and political experts, would sink her plans to slap a 30 percent tax on iron ore and coal mines, to introduce carbon-trading and to build a $33 billion-plus broadband network.

Jun 30, 2010

Q+A-How could Australia’s mine-tax row be resolved?

SYDNEY, June 30 (Reuters) – Hopes for a truce in
Australia’s row over a planned new mining-profits tax could be
realised soon, with new Prime Minister Julia Gillard keen to
defuse the issue ahead of elections to be held within the next
few months.

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    • About Mark

      "Mark Bendeich is the Pacific Bureau Chief for Reuters. He runs a team of about 25 reporters, photographers and a TV producer based in Sydney, Canberra, Melbourne and Wellington. Mark started out with Reuters in Hong Kong in 1993 before moving back to Australia and heading up the Melbourne bureau. Later, he joined the editing desk in Singapore and moved to London to head up the UK equities team. In 2004 he moved to Malaysia as bureau chief there, before returning once more to Australia in his current position in May 2008. He has covered many different events, ranging from ..."
      Joined Reuters:
      1993
      Languages:
      Italiano (livello intermedio)
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