Wednesday, August 31, 2016

Yellen opens door on interest rate rise and other top stories.

  • Yellen opens door on interest rate rise

    Yellen opens door on interest rate rise
    Federal Reserve chair Janet Yellen arrives at the Jackson Hole central banking conference in Wyoming. AP US Federal Reserve chair Janet Yellen and senior colleagues have prepped sceptical investors for a potential interest rate rise as soon as next month, a move that will probably lower the Australian dollar and reduce the chance of another local interest rate cut.Friday's US employment report is shaping as pivotal to the Fed's September 21 dec..
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  • US awards $5 million to BHP Billiton whistleblower

    US awards $5 million to BHP Billiton whistleblower
    The call for better whistleblower protection by Nick McKenzie, Michael Bachelard, Richard Baker The US government paid a bounty of nearly $5 million to a former employee of Australian mining giant BHP Billiton in a case that exposes the weakness of Australia's whistleblower regime.In Australia, those who flag corruption inside companies receive limited or no protection and are often sacked or mistreated, while in the United States, which paid for evi..
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  • No sign of a government plan as we face need for reform amid global disruption

    No sign of a government plan as we face need for reform amid global disruption
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  • McGowan unsure on freight link contracts

    McGowan unsure on freight link contracts
    Greg RobertsAustralian Associated PressWA Labor leader Mark McGowan has stopped short of promising to rip up any contracts the government signs for the Perth Freight Link while announcing his own alternative plan - a better freight and transport system.If elected next year, a Labor government would build a second port in Perth's south through a new outer harbour, he said on Sunday.That would kill off the Liberal Nationals' estimated $1.9 billion PFL project.Prime Minister Malcolm Turnbull has co..
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