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Found 642 results

  1. The Pom Queen

    Australian Shares Lower at Midday

    AUSTRALIAN shares fell lower at noon following negative leads from US and European markets overnight. The local bourse opened about half a per cent down today. By 12.15pm (AEDT) both major local indices had pulled down further, with the benchmark S&P/ASX200 index shed 40.4 points, or 0.95 per cent, at 4204.1 and the broader All Ordinaries index lost 40.9 points, or 0.95 per cent, to 4265.1. Commsec market analyst Steven Daghlian said the market had followed weak leads from European and US share markets overnight. He said that JP Morgan's earnings, which were released before Wall Street opened, had helped cause financials in almost every major economy to fall heavily. "The commentary that accompanied (the results) was negative in terms of investment bankers keeping cash on sidelines because of the economy in Europe," Mr Daghlian said. In local trade, the financial sector saw more moderate falls, down 0.7 per cent, with Westpac the worst performing major retail bank, down 16 cents, or 0.74 per cent, at $21.59. He said the market was looking towards China's inflation reading - which investors expected to fall - at 12.30pm (AEDT) for further direction. Losses were broad-based across all sectors after copper, oil and gold prices all fell in offshore trade yesterday. The materials sector led the downward trend, falling 1.95 per cent. The spot price of gold in Sydney was $US1664.75 per fine ounce, down $US6.55 an ounce from yesterday's close at $US1671.30. Energy stocks were also hit hard, trading 1.45 per cent lower after world oil prices fell yesterday as traders fretted about slowing demand in China after its trade surplus narrowed for a second straight month. The weakest stock of the top 100 companies on the ASX was Aquarius Platinum, which lost 5.75 per cent, or 18 cents, to $2.95. The best performing stock on the same index was Cochlear, which gained 4.9 per cent, or $2.50, to $53.70. Making headlines in local trade, Leighton Holdings shares fell 1.1 per cent, or 23 cents to $20.41 after its offshore division was awarded an $US518 million contract by Iraq's South Oil Company (SOC) to develop two offshore platforms. Leighton also won a $80 million mooring contract. Qantas said its plight was "getting worse, not better", as engineers prepared to walk off the job today, with about 7000 passengers expected to have their travel plans disrupted. Its shares fell half a cent to $1.56, after Prime Minister Julia Gillard warned the Government had powers under the Fair Work Act to intervene in the dispute if it began to impact the national economy or health and safety, a move the Federal Opposition said it would support. Mr Daghlian said Qantas shares had shed about 40 per cent in 2011, worse than the broader market, with the All Ords index down almost 12 per cent for the year. Market turnover was 717 million shares worth $1.45 billion, with almost nine shares falling for every one that gained on the ASX 100. The December share price index futures contract was down 28 points at 4208, with 18,647 contracts traded.
  2. Why are beach safety flags important to you? Every beach has permanent and occasional hazards that you may need to look out for. To assist you in looking out for these hazards and to show supervised areas, lifesaving services use a number of safety flags. What do the beach safety flags look like and what do they mean? The red and yellow flags show the supervised area of the beach and that a lifesaving service is operating. No red and yellow flags indicates there is no supervision. NO FLAGS = NO SWIM Indicates that the beach is closed and that you should not enter the water. Indicates the area where board riding and surfing is not permitted. Indicates that there are potential hazards in the water. Look out for the yellow warning sign that should be displayed with the yellow flag for further advice. Emergency evacuation, leave the water immediately.
  3. According to a report released by the Australian Bureau of Statistics (ABS) on September 29, 2011, immigration is still the key factor in population growth despite a general decline in net migration. The ABS revealed in a statement on the same day that Australian's population "reached 22,546,300 people at the end of March 2011, growing by 312,400 people over the year." "This is down from the previous year where the population grew by 374,600 people, and is the lowest growth since the year ending March 2006 when an increase of 299,269 people was recorded," quoted from the statement. The statistics showed changes to Australia's population from the past 12 months to March 2011. With 167,000 people immigrating to Australia during the period, immigration accounts for 54 percent of the increase in Australian population growth. The figures indicate that immigration is still a key factor in population growth despite the fact that overall population growth rate has slowed to 1.4 percent. Although the current growth rate is slower than in the last two years, it is equal to the average population growth for the last thirty years. KPMG demographer Bernard Salt projected that Australian immigration numbers would stabilise over the coming year at a slightly higher level than the current growth rate.
  4. Hi, I need to ask one questions about how Australian 1 year work experience is calculated by DIAC. Here is my scenario: I worked full time from Monday, 2/03/2009 to Wednesday 23/09/2009 with company A and from Wednesday 30/09/2009 to Friday 26/02/2010 with Company B. Suppose if we count each week from Monday to Friday Will DIAC count my last week at company A where I worked from Monday to Wednesday which makes it more than 20 hrs week ? Similarly will DIAC also count my first week at compnay B where I worked from Wednesday to Friday where again I worked for more than 20 hrs as it' was a full time job ? In rest of the weeks I worked full time which should not be a problem and if DIAC count my last week at company A and first week at company B, I will have total of 52 weeks in which I have worked for 20 hrs or more. My second questions is can DIAC also argue that it is not 12 months of work experience as I did not have job between 24/09/2009 and 29/09/2009? Thanks in advance for your advice.
  5. Please clarify? Is it from the day I land in Oz? The day I start working in Oz? (which might be 6 months to 1 year later) The day I leave England? ( what if I go travelling for a while elsewhere in the world?) Reason I ask is once the house is sold in the UK I dont want to feel forced to transfer funds while FX rates may not be favourable? Help appreciated.
  6. Move of Bucks center Andrew Bogut to Australian league in insurance limbo http://www.washingtonpost.com/sports/wizards/move-of-bucks-center-andrew-bogut-to-australian-league-in-insurance-limbo/2011/10/04/gIQAs7EzJL_story.html
  7. Cerberus1

    Australian Event Awards

    [WRAP]http://www.pomsinoz.com/images/stage6.jpg[/WRAP]The Tour Down Under cycling race has been named the Australia's Event of the Year, beating Oprah Winfrey's Ultimate Australian Adventure and Melbourne's Formula One Grand Prix for top honours. The world Protour cycling race in South Australia also won recognition as the Best Tourism Event for the third year in a row, at the Australian Event Awards in Sydney. Acting SA Tourism Minister John Hill said the cycling event's latest wins were an outstanding achievement. "The Tour Down Under continues to go from strength to strength," he said. "Last night's award is confirmation of the quality of the event and the esteem in which it is held across Australia and internationally." He says this year's cycling event had a record crowd estimated at 780,000 lining the route and achieved hundreds of hours of television coverage. Elsewhere, other winners included: Best New Event - City of Melbourne for Melbourne Music, an inaugural festival of great diversity that activated major live music venues and included over 100 free concerts. Best Sporting Event- Australian Open 2011 - Tennis Australia Best Cultural, Arts or Music Event - Sydney Festival 2011 Best Community Event - Tropfest 2011 - Splendid Communications and Tropfest Events Best Regional Event - Tasmania's Ten Days on the Island
  8. Hi guys, This whole visa process is stressful,so this is a funny utube clip to lighten the process. Made me laugh, as my hubby after doing the IELTS!!! kind regards cazmayo
  9. The Australian dollar suffered more losses over the week, as the European sovereign debt crisis lurched closer to the abyss, driving international investors to dump riskier assets – namely the higher yielding commodity currencies. The Australian dollar broke through parity against the US dollar for the first time in six weeks, as the American currency became the safe haven of choice during these unsettled times. The poor manufacturing data coming from China saw the country’s growth contract further, suggesting that Australian trade will weaken in the months ahead. The correlation between global demand and commodity prices held true: as demand fell, the price of gold and copper dropped sharply last week. There was little indication of the future direction of Australian interest rates from the Reserve Bank of Australia, following the release of its Monetary Policy Committee minutes. They had discussed the possibility of an interest rate hike during their last meeting, but with international developments driving growth prospects, it remains likely that the next rate move will be downwards.
  10. Just wondering if there are any UK insurance companies that would accept my Australian no claims bonus. I had read a thread on here sometime ago with a few companies listed on it but I cannot find it now. Thanks guys.
  11. Hi all...My partner is British and we are in the UK frequently and are finding hiring cars to be expensive. Does anyone have any suggestions on insurance companies who would allow me (an Australian) to insure/drive a car that we would buy to keep in the UK at my partners fathers house. My partner would be the main driver and I would be a named driver. Any advise would be greatly apreciated, thanks heaps :biggrin:
  12. The Australian dollar continues to take its lead from the ongoing Eurozone sovereign debt crisis. With Greece moving ever closer to default, investors’ appetite to buy the high yielding currency is being sorely tested. The Australian dollar did briefly benefit on news that the country’s exporters helped to post an improved trade surplus of A$1.8lbn during July. Another positive note saw consumer confidence rise by a very impressive 8.1% from a month earlier – possibly driven by the hope that the Reserve Bank of Australia will cut its benchmark rate from the current 4.75% level, as global growth prospects decline. The construction sector saw the number of new housing starts dip by 4.7% during the quarter ending June2011, with weakening employment prospects suggesting any future rate movement will be a reduction.
  13. Let us say A and B contract a marriage in Pakistan. Now they migrate to Australia as permanent residents and the matter of divorce comes up in an Australian court. Would the court abide by the original marital rules or would Australian rules apply. CAN the matter even be taken up in Australian courts? I know in commercial contracts it is regularly written that the rules of such and such jurisdiction (outside Australia) shall apply. In such a case an Australian court cannot even arbitrate. Would the same hold true for marriage contracted in Pakistan???
  14. Guest

    weather!

    hi all, well i'm moving to Australian Queensland soon, i would like to know how the weather is there because i'm used to the cold English weather thanks;)
  15. UNIVERSITIES will be allowed to entice foreign students with quick visa approvals and the right to two years of work after graduation as part of a reform package to stem further losses of overseas student income. Immigration Minister Chris Bowen and Tertiary Education Minister Chris Evans said yesterday they would act on a remarkably frank report on Australia's education export industry by former NSW politician Michael Knight. By mid-next year, foreign students keen on an Australian university degree will have access to a new, fast-track visa system. Students from supposedly high-risk countries such as China will no longer have to show $75,000-plus in a bank account to prove they can cover fees and living costs. Instead, as with students from developed countries such as the US, they will be able to simply declare they can support themselves. Onerous financial requirements have been bitterly criticised as an overreaction to past failings when migration was the motor of education, especially in private colleges. The reforms come after the education export industry -- one of Australia's largest export industries -- complained of "a perfect storm" of rapid and unsettling changes in visa rules and skilled migration policy, the strong dollar, more competition for students overseas and lingering reputational damage done by attacks on Indian students. Australia's education export earnings fell by almost 10 per cent in 2010-11 from their $18 billion peak, as Indian students were driven away while the US and Canada made inroads on the China market. Sharp declines in numbers at English language colleges and tertiary preparation courses suggest universities are heading into tough trading conditions next year. University leaders yesterday welcomed the life raft thrown them by the government. University of NSW vice-chancellor Fred Hilmer said: "The reforms announced are more positive than anyone we spoke to expected (and) they come when competitors are kicking own goals -- riots in the UK and US funding cuts." Professor Hilmer, in New Delhi yesterday, said education agents had told him that a streamlined student visa system was "the key to restoring our competitive position". Under yesterday's Knight reforms, which single out universities for special treatment, foreign graduates emerging with a bachelor's degree will be entitled to two years' work without restriction on type of job. If they want to stay for good, they still have to satisfy stricter rules for skilled migration, which are much less generous to on-shore foreign students with low-value skills. Monash University researcher Bob Birrell said the labour market implications of the reforms had not been thought through. Locals already were competing with thousands of former overseas students who were on bridging visas following a reform of the skilled migration rules, he said. ACTU president Ged Kearney said the labour market impact of any new student visa program would have to be closely monitored and steps had to be taken to ensure it did not lead to an erosion of working conditions. "Unions want to encourage Australian universities to be competitive, however, we are cautious about the potential impact on the local job market these changes may lead to," Ms Kearney said. "It is essential that any overseas student or work visa program must recognise and protect the rights of temporary migrants and their families, and not be used to undercut wages and working conditions in Australia." Also promised next year is a comprehensive review of the so-called risk assessment levels that immigration officials use to vet would-be students. This system makes it harder for students from China and India, for example, to get visas. "Unfortunately the worst perceptions about visa processing times are in Australia's biggest market, China," Mr Knight said. He recommended a new work rights regime for foreign students who graduate from an Australian university, and said this had to be "administratively very simple". "The scheme must be one which can be marketed by the universities to prospective students as almost guaranteeing post-study work rights," he said. Glenn Withers, chief executive of Universities Australia, said the work entitlement was "one of the biggest breakthroughs". "This (work right) is as good or better than the Canadian or the US provisions," he said. But Monash University researcher Bob Birrell said the labour market implications had not been thought through. Locals already were competing with thousands of former overseas students who were on bridging visas following a reform of the skilled migration rules. University of Sydney third-year international relations student Yun Liu thought about switching to the US during her six-month wait for an Australian student visa. "I kind of wanted to change my mind, but I'm pretty patient," she said. As a Chinese applicant planning to package foundation studies with a degree, she was subject to a level-4 risk assessment -- the highest currently applied. "It takes longer (than in) other countries, say Singapore or Japan," said the 21-year-old from Tianjin, near Beijing. The Australian visa application process involved depositing a large sum in a bank account to prove Ms Liu could afford to live and study in Australia. "I can't remember [how much]," she said. Mr Knight justified special measures to boost overseas student recruitment by universities, rather than by TAFEs or private colleges, on the basis universities were of "universally high" quality. He cited the "huge financial stake" of taxpayers in a university sector that had become heavily dependent on fees paid by foreign students.
  16. BENS0N

    Australian Credit Card

    Hi guys, I am not sure if this is the correct forum or if I am asking a daft question. Currently my australian gf is living in the Uk but has a credit card in australia. I have just fund out that she has just been paying the minimum per month and now the debt has doubled to around $5k. Is it possible to pay the full amount off by using a Uk credit card (so that i can get 0% interest free for 15 months) and pay the debt off here without paying the ridiculous interest charges? or do they frown upon payment from another country? As we are planning to emigrate in a years time is it possible for me to apply for an australian CC with a reduced rate and pay off the debt from that? (if so how would i go about applying). Could she apply for a new card from here using her payslips here and then pay off this CC? Is this possible as the Uk CC would be under my name and the Aus card under hers? Would i get charged a conversion rate on my card and the Aus CC or just one or neither? Any help would be much appreciated. Cheers for your help in advance Benson
  17. The AAA-rated Australian dollar is not big enough to stand as a safe-haven currency, but it saw its fair share of inflow last week as investors abandoned the euro in fear of a default by Greece. Investors must have been buying it at least partly for its safety qualities because some of the Australian economic data were quite discouraging. The AIG's performance of construction index showed even more of a slowdown in the sector, falling another four points to a dismal 32.1. Employment, which should have gone up by 10k in August, instead fell by nearly that many. On a positive note, Australian gross domestic product rebounded by 1.2% in the second quarter after a rain-soaked first three months. The main drivers were iron ore and coal production, while domestic demand grew more slowly. The Reserve Bank of Australia held its overnight cash rate steady at 4.75% and offered no hints as to future direction.
  18. The Pom Queen

    Australian Citizenship Day

    More than four-thousand people from 115 countries will become Australian citizens at ceremonies to be held across the nation this weekend. There will be 120 separate ceremonies today, hosted by the Department of Immigration and Citizenship and local councils across the nation, to mark the 10th anniversary of Australian Citizenship Day. Most of the events will be taking place in New South Wales, where 13-hundred-42 people will become citizens in 41 ceremonies across the state. Victoria will receive 989 new citizens, Queensland 619, Western Australia 617, South Australia 241, Northern Territory 117 and Tasmania 85. Since 1949, Australia has welcomed more than four million new citizens. Looks like Melbourne is the number one place to go:biggrin:
  19. Salma

    Australian Citizenship

    Hi All, I am off to Aus on a spousal visa and need to apply for my 6 week old sons citizenship\passport but it says the photo must be certified by someone who has known child for 1 yr plus! So do how do i get round this or can my baby go to aus on a british passport and get his aussies passport when older or is there a a different rule for babies plus where I am going to find an aussie citizen to verify the picture! Thanks in advance
  20. Hi hoping someone out there can help me with my questions. I am a citizen by descent and have been living in Melbourne wince May this year, am i right in thinking my my 2 children can also apply for citizenship by descent after i have lives in australia for 2 years? Also what about my husband does he have to live here for 4 years before he can apply or is it different as he is married to an australian citizen? Thanks
  21. The Australian dollar didn’t have to do anything wrong to find itself on the rough end of a very rough stick last week. It fell by 8% against sterling and the yen, and by more than 12% against the safe-haven Swiss franc. In a week. Two things worked against all the commodity-oriented dollars (the story is the same for the NZ and Canadian currencies); Euroland's debt crisis deepened as southern Europe was forced to pay more for its borrowings, and America's debt crisis remained unresolved by a deeply cynical cross-party compromise on reducing the US deficit. Taken together, they point to a global economic slowdown and they have provoked a global flight to quality. Everybody wants the Swiss franc and nobody wants equities or global-growth-related currencies. Investors are so twitchy that sentiment could change in an instant, but it’s not obvious where to expect that change.
  22. hi gang, could anybody please help, i am about to apply for registration in Vic, but am having difficulty in finding out (or understanding website) on registration fees, i have seen that as an overseas nurse i have to send $220 but cant see what else i have to pay for... Any newly applied nuses could you please give me an idea.... Much appreciated. Jim
  23. Guest

    A levels / australian year 12

    Hey everyone! im slightly concerned about the education system in aus. If my child completes year 12, will that be equivalent to completing A levels? Also, some say, even if he does year 12 he might have to do a foundation course if he wants to get into university anywhere outside of australia. He wouldnt be admitted straight to first year or undergrad, like he would have after A levels because the australian year 12 is not sufficient or something. Is that true? Any information would be very much appreciated x
  24. While our police stood and watched while the riots went on the Australian authorities in major cities get on top of a problem with no messing about, I found the police in Oz much more robust and on the ball with any trouble that the rather timid policing here in the UK. Well done Oz. VICTORIA Police will soon begin a recruitment drive in a bid to hire more than 900 armed guards to work on trains after legislation passed through the upper house of state parliament overnight. The new legislation gives Protective Services Officers the power to arrest people found to be drunk and disorderly, detain a person who is believe to have committed a serious offence and conduct searches where there are reasonable grounds for suspecting a person has a weapon. http://www.heraldsun.com.au/news/more-news/recruitment-drive-begins-for-psos-to-work-on-melbournes-trains/story-fn7x8me2-1226126217067
  25. The Australian dollar took second place in last week's league table behind the NZ dollar. Its achievement came about despite some very murky economic statistics. They were few and they were unpleasant. The Conference Board's leading index – which compiles yesterday's data to predict the future – fell from -0.1% to an even more pessimistic -0.8%. New home sales fell by -8.0% in July and building permits were down by -15% on the year. The Aussie's salvation was a more relaxed mood among investors. They were no longer scared out of their skins so were more inclined to buy the currency of a commodity-exporting country; one, moreover, that can still offer a 4.75% benchmark rate of interest. However, as they have since May, they still seem to prefer the NZ dollar.
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