Chief Correspondent, Sydney
Michael's Feed
Oct 14, 2011

New iPhone goes on sale, fans say tribute to Jobs

SYDNEY/TOKYO (Reuters) – Apple Inc’s latest iPhone went on sale in stores across the globe on Friday, with fans snapping up the final gadget unveiled during Steve Jobs’ lifetime, many buying the phone as a tribute to the former Apple boss.

Hundreds of fans queued around city blocks in Sydney and Tokyo to be the first to get their hands on the iPhone 4S, which looks similar to the previous iPhone 4 but has a better camera, faster processor and well-received voice activated software.

Oct 13, 2011

Apple’s iPhone 4S goes on sale, fans say tribute to Jobs

SYDNEY (Reuters) – Apple Inc’s iPhone 4S finally went on sale in stores around the globe on Friday, with fans snapping up the final gadget unveiled during Steve Jobs’ lifetime, many buying the phone as a tribute to the former Apple boss.

“I think a lot of people are going to buy the iPhone 4S because it was the last iPhone Steve worked on,” said Wil Batterham, 15, who with his school friend Tom Mosca were the first to buy the new phone in Sydney’s Apple store.

Oct 11, 2011

Queen’s visit leaves Australian republic a distant dream

SYDNEY (Reuters) – When Britain’s Queen Elizabeth arrives in Australia next week, protocol says she should be addressed as Queen of Australia — something that will grate with republicans who want to sever ties with Britain and appoint an Australian president.

The royal tour, possibly the queen’s last to Australia given her 85 years and the long distance from Buckingham Palace, will reignite debate on whether the nation should become a republic.

Aug 5, 2011

Australia says has ammunition to deal with global uncertainty

SYDNEY, Aug 5 (Reuters) – Australia is well equipped to take
steps to bolster its economy should global market turmoil see a
re-run of the 2009 financial crisis, Treasurer Wayne Swan said
on Friday, one of the first leaders to comment on such a step in
the current sell-off.

Asian stocks dropped 3 to 4 percent on Friday after panic
triggered the worst sell-off on Wall Street since the global
financial crisis, sending investors slashing positions and
scrambling for cash and government bonds.

Aug 2, 2011

Australia uses YouTube to deter boatpeople

SYDNEY (Reuters) – Australia will film boatpeople being sent to Malaysia under a new refugee swap deal and post the video on YouTube in an effort to deter future boatpeople, the immigration department said on Tuesday.

The 54 boatpeople, intercepted last week and the first to be sent to Malaysia, will be filmed arriving at Australia’s Christmas Island detention center, boarding a plane to Malaysia and arriving in camps in Kuala Lumpur for processing.

Jul 12, 2011

Australian carbon hedging limited until climate policy law

SYDNEY (Reuters) – Australia’s government is confident parliament will pass its carbon tax scheme within months, but financial institutions and carbon traders say the risk of it again being rejected will leave firms reluctant to hedge by buying carbon offset units.

However, high carbon emitting Australian firms that also operate in the EU and New Zealand, where trading schemes already exist, may seek to purchase additional carbon emission reduction units (CERs) as they could use them offshore if the Australian scheme does not materialize, said traders.

Jul 11, 2011

Bid for Australian coal miner boosts carbon tax

SYDNEY, July 11 (Reuters) – Australian Prime Minister Julia
Gillard’s bid to sell a controversial carbon tax got a boost on
Monday after a $5 billion takeover bid for a local coal miner
cast doubt on warnings that the tariff would hurt the key mining
sector.

Gillard is the most unpopular prime minister in 13 years and
has been struggling to gain support for her carbon tax plan to
fight climate change, a policy she hopes will resurrect her
political fortunes before the next election due in 2013.

Jul 11, 2011

Australia carbon tax hits miners, airlines

SYDNEY (Reuters) – Coal miners, steel firms and airlines were sold off on Monday a day after Australia’s unpopular government introduced a carbon tax scheme, while power suppliers warned the tax could risk A$4-6 billion in assets if banks tightened financing.

But economists said the tax on the top 500 carbon polluters would have little impact on economic growth, which is riding on the back of China’s appetite for its mineral resources.

Jul 11, 2011

Australia carbon tax hits shares of miners, airlines

SYDNEY, July 11 (Reuters) – Coal miners, steel firms and
airlines were sold off on Monday a day after Australia’s
unpopular government introduced a carbon tax scheme, while power
suppliers warned the tax could risk A$4-6 billion in assets if
banks tightened financing.

But economists said the A$23 a tonne carbon tax, aimed at
encouraging the biggest polluting industries to clean up
operations, would have little impact on economic growth, riding
on the back of China’s appetite for its mineral resources. Nor
would it significantly affect inflation or interest rates.

Jul 7, 2011

Red Shirts warn new Thai government to seek justice

BANGKOK (Reuters) – Support for the red-shirt protest movement that rallied behind Thai Prime minister-elect Yingluck Shinawatra, helping her win elections by a landslide, could splinter if demands for justice over deadly protests last year are not met, its leader said.

The red shirts, whose protests paralyzed Bangkok last year and sparked a bloody military crackdown that ended with 91 people killed and nearly 2,000 wounded, want a thorough investigation into the army’s role in civilian deaths, the movement’s chairwoman told Reuters.