GFC Is Over

Published on February 12, 2010 by Technology Slice

TREASURY boss Ken Henry has declared the global financial crisis is over as Australia’s unemployment rate fell to an 11-month low.
Australian Bureau of Statistics figures showed business was booming nationally and employing both full-time and part-time workers, with Australia’s jobless figure falling to 5.3 per cent from 5.5 per cent.
The decrease came as Dr Henry [...]

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Posted in Money

Importers Struggling

Published on February 11, 2010 by Technology Slice

Importers are struggling to cope with a weaker Australian dollar after the 11-month rally that drove it as high as 94 US cents came to an abrupt end.
Turmoil on international markets, triggered in large part by debt default fears for several European nations, has stoked global growth jitters. The Aussie dollar, tied closely to commodity [...]

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Posted in Money

Baby Machine

Published on February 11, 2010 by Technology Slice

A BRITISH woman dubbed the “Baby Machine” who has seen all 14 of her children taken into care has had a contraceptive implant fitted to try and win them back, The Sun reported.
Theresa Winters, 37, has pledged to stop getting pregnant in an effort to prove to social services that she is responsible enough to [...]

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Posted in General

Death Trap Rebate

Published on February 9, 2010 by Technology Slice

The federal government has stopped the use of foil insulation under its rebate program after four deaths, citing fears others will be electrocuted.
Federal Environment Minister Peter Garrett announced the suspension after electricians warned houses were being turned into potential death traps by faulty installation of metallic insulation.
Mr Garrett said safety for householders and installers was [...]

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Connecticut Power Plant Explosion

Published on February 8, 2010 by Technology Slice

There were fears up to 250 may have been injured in the blast at a gas-fired power plant in Connecticut.
Two people were confirmed dead last night but rescuers were continuing to comb the wreckage of the plant, which is owned by Kleen Energy Systems. At least four of the injured were in a critical condition. [...]

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