Australian police withdraw from East Timor

AUSTRALIA has withdrawn its last remaining police officers from East Timor as international forces wind up a 13-year presence in Asia's youngest country. The eight Australian officers serving with the UN Police boarded a Darwin-bound plane from...

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'How are my people?' Chavez asks

Officials say Venezuelan President Hugo Chavez is undergoing a satisfactory recovery. Source: AAP HUGO Chavez's first words after emerging from surgery were "How are my (Venezuelan) people?" according to officials, who proclaimed here Friday...

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Australia praised as economic 'Iron Man'

AUSTRALIA has been described as the "Iron Man" of the major industrialised nations, after producing 21 years of uninterrupted economic growth and building conditions that should help insulate it from future global challenges. In its latest survey...

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Petroleum tax to allow more deductions

THE federal government plans to amend the petroleum resources rent tax (PRRT), following a Federal Court decision that could prevent companies deducting legitimate expenditure. The August decision, in a case involving Esso Australia Resources...

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GrainCorp says no to ADM's sweetened offer

US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month. The grains marketer on Thursday said it had rejected ADM's sweetened offer of $2.78 billion as it materially undervalued...

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Bonds lower after US Fed meeting

AUSTRALIAN bond futures prices are lower after the US central bank announced it would extend its bond-buying program. At 1630 AEDT on Thursday, the December 10-year bond futures contract was at 96.770 (implying a yield of 3.230 per cent), down...

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Urban in running for Oscar for best song

KEITH Urban and Nicole Kidman may soon have his and hers Oscars. Nicole Kidman won her gold statuette in 2003 for The Hours and the Academy of Motion Picture Arts and Sciences announced on Tuesday Urban's song, For You, from the film Act of...

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Stevens hints stability to constrain rates

GLENN Stevens had obviously been doing a lot of thinking about the limits to monetary policy recently. The Reserve Bank of Australia governor on Wednesday gave a speech in Thailand dwelling on the topic. In particular, his speech implied the...

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Parole breaker on revenge mission: police

Police believe parolee on the run Jason Herbert is on a vengeance mission against two WA officers. Source: AAP AFTER breaking his parole twice this year, armed robber Jason Robert Herbert is on the run and believed to be hunting two policemen...

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Adelaide Fringe 2013 program launched

AFTER 52 Fringe festivals, Adelaide still lets anyone and everyone perform anywhere from a big theatre to a pub, a derelict building and even a caravan. "I have not curated it. It's still total open access, and anyone can be in the fringe at all,"...

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Bikies booked after six raids in Brisbane

TWO Renegades outlaw motorcycle gang members were arrested over drugs and weapons charges after police raids on half a dozen Brisbane residences this morning. The bikies were charged with 10 offences after raids led by the State Crime Operations...

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CTV copycat buildings being examined in NZ

ENGINEERS are assessing 379 buildings across New Zealand which have similar design characteristics to the doomed CTV building in Christchurch. The building collapsed in the February 2011 earthquake, killing 115 people, and an inquiry report...

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NKorea considers delaying rocket launch

North Korea says it is considering postponing a planned long-range rocket launch. Source: AAP NORTH Korea may postpone the controversial launch of a long-range rocket slated for liftoff as early as this week, state media says, as international...

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Hundreds arrested in Xmas booze blitz

POLICE have arrested more than 160 people across Victoria in a holiday season crackdown on public drunkenness. Provisional statistics from Operation Unite, which occurred across all Australian and New Zealand police jurisdictions on Friday and...

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