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Old August 18th, 2009, 02:46 PM posted to rec.travel.australia+nz
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Default Australia News

WHO WE A A State of quivering expectation A column about Australia
AWESOME is the only word for the power, reach and influence of this
column's readers. A matter of days after they resoundingly endorsed
this column's campaign to abolish State governments (which we listed
as number 4 priority on The National To-Do List after becoming a
republic, amalgamating with New Zealand and fixing the coat of arms),
our political leaders start the process of abolition.

Global plan for diplomatic TV service IN a direct challenge to the
ABC, Sky News has approached the federal government with plans to
expand Australia's international diplomatic television broadcasting
service into a global network. This has sparked a war of words
between Sky News chief executive Angelos Frangopoulos and ABC managing
director Mark Scott http://www.theaustralian.news.com.au...6-7582,00.html

Warning: get off housing gravy train RBA warns of housing price
bubble risk The Reserve Bank has flagged the possibility of a housing
price bubble forming, triggered by cheap credit and not enough new
dwellings. RBA governor Glenn Stevens said the need for home loans to
translate "into more dwellings, not just higher prices'' was a "very
real challenge in the near term.'' http://www.abc.net.au/news/stories/2...30/2641253.htm

RESIDENTS in some parts of Australia's fastest-growing region will
have to get used to living in more crowded quarters under a plan to
limit urban sprawl. Queensland Planning Minister Stirling Hinchliffe
said growth in Queensland's southeast corner would remain strong, with
an extra 754,000 homes needed over the next 20 years as the population
grew from 2.8 million to 4.4 million

Australia sitting pretty – home on the boom’s back The resources
boom: good while it lasted but now, like all booms, been and gone.
Bust. Is that what you think? Don’t. As the governor of the Reserve
Bank, Glenn Stevens, reminded us in a major speech this week,
resources and energy prices may have taken a leg down, but the boom
hasn’t really gone away

Global crisis forecaster: Australia 'doing better' A prominent
American economist credited with predicting the global financial
crisis in 2006 says Australia is better positioned than most advanced
economies to recover from the downturn. "Re-leveraging of the housing
sector will have to go through a process of slow de-leveraging," he
said. http://www.abc.net.au/news/stories/2...section=justin

Financial crisis hits MBAs The global financial crisis has struck at
the heart of the finance world, including the cream of the crop -
people with MBAs. Australia's top MBA college, Melbourne Business
School, says fewer than half of its students who graduated in May have
found jobs. Acting Dean Jenny George says graduates are having to look
for work in new areas http://www.abc.net.au/news/stories/2...section=justin

We ain't talking like we used to An oral historian says the Aussie
accent is changing, but a "class accent" still remains, despite
increasing Americanisation. Through his work, Mr Willis has noticed a
lot of changes, including Americanisms becoming the norm in our
language, and a change in speed. http://www.abc.net.au/news/stories/2...05/2646328.htm

Biggest Central European Sziget Island Music Festival commences
Budapest 12 August for five days featuring international artists
including Australian groups Jet and Pendulum, with visitors from
Hungary and throughout Europe http://www.caboodle.hu/nc/events/singleview/2438/

AIEC Australian International Education Centre http://www.aiec.biz

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