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Labor, coalition launch in Brisbane

Written By Unknown on Selasa, 20 Agustus 2013 | 00.52

LABOR and the coalition will both launch their federal election campaigns in Brisbane.

The coalition launch is scheduled for this Sunday in the Queensland capital.

Labor's launch will follow on September 1, heading into the final week of the campaign.

Prime Minister Kevin Rudd's home city of Brisbane also hosted the two major party launches during the 2010 election campaign.

The coalition launch's program is still being finalised, but it is understood Queensland premier Campbell Newman has been invited.

Mr Newman has been the target of a Labor attack calling his public sector job cuts the "entree" to Opposition Leader Tony Abbott's "main course" of federal budget cuts.

Mr Abbott has promised a commission of audit similar to that run in Queensland after the Liberal National Party's landslide victory in 2012.

The Labor event will be the first time a major party leader has launched a national campaign in his own electorate.

Mr Rudd attended the low-key Labor launch in 2010, but did not play a role.

Former prime minister Bob Hawke introduced Julia Gillard to the party faithful, having ousted Mr Rudd less than two months earlier.

The coalition's 2010 launch was a set-piece event, marred only by a streaker protesting the treatment of refugees.

Queensland is the key to Labor's chances of retaining office.

It has 30 lower house seats, half of which are held with margins of five per cent or lower.

Labor holds only eight of these seats and must pick up a swag of others if it is to have any chance of winning on September 7.


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Aussie shares dip on US stimulus thoughts

AUSTRALIAN shares have slipped as speculation about a winding back of US stimulus weighed on resource stocks.

Materials stocks were among the worse performers on Tuesday, with the mining giants losing more than the overall market's 0.7 per cent decline.

BHP Billiton lost 50 cents, or 1.35 per cent, to $36.54 as Rio Tinto ditched 63 cents to $59.51.

After the local market closed, BHP announced a 29.5 per cent fall in full-year net profit to $US10.9 billion ($A12.03 billion).

Speculation about a tapering of US Federal Reserve stimulus measures also buffeted Asian equity markets, and caused the Indian rupee to hit an all-time low against the greenback.

"It's a story of emerging market weakness, basically," IG markets strategist Chris Weston said.

The big four banks had mixed fortunes, with National Australia Bank gaining 21 cents to $31.57 after posting a $1.7 billion net profit for the three months to June.

ANZ was also up, adding 12 cents at $29.56, but Commonwealth Bank was down 88 cents at $70.27, and Westpac shed 43 cents at $31.14.

Investors appeared to overlook minutes from the Reserve Bank of Australia's (RBA) August meeting, where members agreed the possibility of closing off more rate cuts should be considered.

"These minutes were stale," Mr Weston said.

Meanwhile, QBE Insurance Group shares lost 93 cents, or 5.46 per cent, to $16.10 after posting a 37 per cent fall in half-year net profit to $US477 million ($A526.29 million), following a fall in demand for US mortgage insurance.

KEY FACTS

* At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index was down 34.3 points, or 0.67 per cent, at 5,078.2 points.

* The broader All Ordinaries index was 33.5 points lower, or 0.66 per cent, at 5,068.8 points.

* The September share price index futures contract was down 30 points at 5058 points, with 24,195 contracts traded.

* The spot price of gold in Sydney finished at $US1358.85, down $US14.45 from $US1373.30 on Monday.

* National turnover was 1.7 billion securities worth $4.5 billion.


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Greens risk Indonesia war: Katter

Written By Unknown on Senin, 19 Agustus 2013 | 00.51

The Greens' policy on live animal exports risks war with Indonesia, Independent MP Bob Katter says. Source: AAP

MAVERICK Queensland MP Bob Katter has declared the Greens' policy on live animal exports would risk a war with Indonesia over food.

Mr Katter has hit back at criticism from Greens senator Lee Rhiannon, who says the preference deal between Katter's Australian Party (KAP) and the ALP in Queensland threatens to increase the live export trade.

"We are fighting a war right at this moment over oil," Mr Katter told reporters in Hobart.

"If we're prepared to fight wars continuously ... over oil, don't you think these people might get a bit upset when we cut off their food supply?"

Mr Katter said millions of Indonesians lacked protein in their diet and Australia had already locked them out of fisheries.

He accused the Greens of being condescending towards an important regional neighbour.

"(It) just makes me want to cry for my country," he said.

"Don't you see how these people see us as arrogant, European colonialists?"

Senator Rhiannon said Indonesia was aiming to be 90 per cent self-sufficient in beef cattle by 2014.

She said the Greens would move another private member's bill when parliament resumed with the goal of ending the trade.

"Labor should expect a huge backlash over this preference deal because they know many Labor voters, as well as most Australians, want this cruel live export trade to stop," Senator Rhiannon said in a statement.

The KAP deal with Labor also came under fire from Mr Katter's former party The Nationals.

Queensland senator Ron Boswell said the ALP's chances in four of the state's crucial seats had been boosted by the agreement.

"Are KAP candidates going to stand before voters in regional Queensland seats and say, 'Vote for me and I will deliver three more years of a Rudd Labor government'?" Senator Boswell said.

Mr Katter flew in to Hobart to campaign with his fledgling party's two Tasmanian candidates, Geoff Herbert (Senate) and Sarah Ugalde (Franklin).

In a colourful press conference, he said Australia's supermarket duopoly was hurting the state's farmers and called for the timber industry to be rebuilt.

"We are down here to drive a stake into the heart of the Greens," he said.


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Parental leave pay too generous: Barnett

TONY Abbott's paid parental leave scheme is overly-generous, West Australian Premier Colin Barnett says.

Mr Barnett - who the federal opposition leader said in February he wanted to model himself on - made the comment on Monday after welcoming road funding pledges from Mr Abbott over the weekend.

Under the controversial scheme - which has been labelled an unaffordable vote winner - mothers would get six months leave at their normal wage.

"I support paid parental leave ... (but) I think in many respects it probably is too generous," Mr Barnett told reporters.

"If Tony Abbott becomes prime minister and that scheme is introduced, we will co-operate in terms of the administration, but we will not be contributing money to the scheme ... as has been suggested."


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Our robot future on display in Brisbane

Written By Unknown on Minggu, 18 Agustus 2013 | 00.51

Robot farming is just one possibility that was on display at the robot convention in Queensland. Source: AAP

SWARMS of robots tend to crops in central Queensland.

A robotic clone hosts a lecture at a Brisbane university for his master, who is more than 7000km away in Japan.

A band plays while flying robots light up the sky around them.

This isn't the future. It's Robotronica - a futuristic event held at Queensland University of Technology in Brisbane on Sunday.

QUT creative director Jonathan Parsons says the event doesn't just showcase future possibilities, but highlights how advanced robotics presently is.

"We tend to use the term robots when it's something a bit alien or strange, but in the '50s dishwashers were robots, but we don't refer to them as that anymore," he told AAP.

"Now their completely part of the fabric of our society and one day, all these things will be too."

Swarm Farm Robotics Director Andrew Bate says his project is the future of agriculture.

One his farm near Emerald in central Queensland, Mr Bates is developing small tractors that will operate unmanned with others in a swarm, to replace the bulky, expensive models currently used.

"We keep getting bigger and bigger, but now the focus is on being smaller and more efficient," Mr Bate said.

"It's better for the soil and it's far more cost effective."

The star of the show was Geminoid, a robotic "clone" of his creator, Japanese roboticist Hiroshi Ishiguro.

Geminoid, who blinks and has other subconscious human traits, had his crowd entranced when he re-presented a lecture his creator did at QUT just days before.

Robotics workshops and a gig from Brisbane pop group 7-Bit Hero, who incorporate smart phone gaming with their live show, was also featured at the event.


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PNG committed to boat deal: Rudd

Kevin Rudd insists Papua New Guinea is committed to his hardline asylum seeker resettlement plan. Source: AAP

AUSTRALIA and Papua New Guinea stand by their agreement that asylum seekers arriving by boat will be sent to PNG for processing and eventual settlement, Prime Minister Kevin Rudd says.

Mr Rudd was queried on Sunday about the deal, signed on July 19, after PNG Prime Minister Peter O'Neill told Fairfax Media he had not agreed to settle all asylum seekers processed on Manus Island and found to be genuine refugees.

Mr O'Neill was reported as saying Australia would need to take back a share of them.

Mr Rudd said his PNG counterpart was simply reaffirming the conditions of their deal.

"These are all contained and outlined in absolute detail in the agreement that we reached with Papua New Guinea," he told reporters in Sydney.

"He stands by that, I stand by it and frankly, it's there in black and white."

On Saturday night, Mr O'Neill said PNG was "100 per cent committed" to the deal.

"People who are found to be refugees ... will be settled in Papua New Guinea and other participating countries in the region," he said in short statement.

"They will not be returned to Australia under the agreement."

Meanwhile, Immigration Minister Tony Burke says media reports that people smugglers are now offering to fly asylum seekers to Australia show Labor's hardline policies are discouraging people from taking dangerous boat journeys.

Some asylum seekers in Indonesia are apparently being told they can fly to Australia on fake tourist visas to sidestep the Rudd government's Pacific resettlement policy.

"This is just another desperate measure from people smugglers realising that the game's up," Mr Burke told reporters in Sydney.

Mr Burke denied flying was a loophole available to asylum seekers trying to reach Australia.

"If they could have gotten away with this they would have tried it years ago," he said.

Opposition immigration spokesman Scott Morrison also sought to downplay the report.

"We have very strong controls on who can get on planes and who can get into the country," he told ABC television.

"That's why people get on boats and pay people smugglers many times over what they would pay to get on an airplane to come to Australia."


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Labor spend will keep wheels turning: Rudd

Written By Unknown on Sabtu, 17 Agustus 2013 | 00.51

Labor will reportedly boost the car industry with a $500 million funding to the end of the decade. Source: AAP

PRIME Minister Kevin Rudd makes no apologies for Labor's latest funding injection for Australia's ailing car manufacturing industry, arguing the move provides essential protection for thousands of jobs.

The prime minister announced on Saturday an extra $500 million will be poured into Australia's automotive sector up to 2020, with a view for further support into the next decade.

"I make no apology at all to anybody out there, any right-wing economist, about what we're doing to support the future of Australian manufacturing in general and the car industry in particular," Mr Rudd said during a powerful address to Holden workers in Adelaide on Saturday, when he officially announced the plan.

"We are building Australia's car industry for the future."

The opposition slammed the move as a policy-on-the-run cash splash in response to the government's worsening polls.

"What a humiliating, what an undignified position for the prime minister of Australia to be in," Opposition Leader Tony Abbott told reporters in Perth.

"He sees some bad polls, he knows he's got trouble in his marginal seats so he's charging down the street, waving a blank cheque at the auto industry."

Mr Abbott said the coalition was prepared to offer the car industry a "substantial commitment" and would enter discussions with manufacturers after the September 7 election.

But Mr Rudd said the coalition was on track to strip $1.2 billion from the automotive industry over the next seven years, when what the sector needs is "a predictable, stable investment partner", to underpin the 250,000 associated jobs.

Compared to other car manufacturing countries which support the sector with funding of up to $96 per head of population, Australia offered a modest $18 per person, Mr Rudd said.

Unions welcomed Saturday's announcement and called on the coalition to match the government's new commitment.

But shadow treasurer Joe Hockey said Labor was short-changing Australia's car industry, taking away $1.8 billion with its changes to fringe benefit tax arrangements for business-use vehicles, and handing back $500 million in its latest policy.

The Australian Greens supported further funding for the car sector, but said that in return manufacturers must commit to a more sustainable future and guarantee jobs.

"What we need is some strings attached to this money and those strings need to ensure that the car industry in Australia transitions to electric mobility as quickly as possible," deputy leader Adam Bandt told reporters.

Labor said its pledge is already budgeted for the forward estimates but will require new funding from 2018.

It comes after Holden eyed closing its Australian manufacturing operations, leaving thousands out of work.

Ford recently announced it will close its Australian factories in 2016.


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Many missing after Philippine ferry mishap

PHILIPPINE rescuers are searching for more than 200 people missing after a crowded ferry collided with a cargo ship and sank almost instantly in darkness, with 28 already confirmed dead.

The St Thomas Aquinas ferry was carrying 870 passengers and crew when the accident occurred late on Friday night in a dangerous choke point near the port of Cebu, the Philippines' second biggest city, authorities said.

Coastguard and military vessels, as well as local fishermen in their own small boats hauled more than 600 people out of the water alive.

But by early Saturday afternoon, 213 people were still unaccounted for and 28 bodies had been retrieved, according to the coastguard, which warned the death toll would inevitably rise.

"It did not take long, about 10 minutes, before the ferry sank," Rear Admiral Luis Tuason, vice commandant of the coastguard, said on DZBB radio.

"The captain managed to declare abandon ship and they distributed life jackets but, because of the speed by which it went down, there is a big chance that there are people trapped inside."

One survivor, Maribel Manalo, 23, recounted to her brother the horror of suddenly being plunged into the cold water in darkness, and emerging from the chaos without her mother.

"She said there was a banging noise then the boat suddenly started sinking," the brother, Arvin Manalo, said.

"They quickly strapped on life jackets and then jumped into the dark sea. She said they felt like they were pulled under. My sister said she pushed our mother up, but they got separated.

"My sister was rescued. My sister knows how to swim, but my mother does not."

He said their mother, 56, remained missing.

Fifty-eight babies were among the passengers on board the ferry, according to the coastguard, and it was unclear how many of them survived.

The accident occurred at 9pm (2300 AEST) in calm waters near the mouth of the port between two and three kilometres from shore, authorities said.

Tuason said helicopters had been deployed and specialist divers sent to search through the sunken vessel.

Local fisherman Mario Chavez said he was one of the first people to reach passengers after the ferry sank in the 82-metre-deep channel.

"I plucked out 10 people from the sea last night. It was pitch black and I only had a small flashlight. They were bobbing in the water and screaming for help," he said.

"They told me there were many people still aboard when the ferry sank... there were screams, but I could not get to all of them."

The cargo ship, Sulpicio Express 7, which had 36 crew members on board, did not sink.

Television footage showed its steel bow had caved in on impact but it sailed safely to dock.

Tuason said it appeared one of the vessels had violated rules on which lanes they should use when travelling in and out of the port.

The enforcement office chief of the government's Maritime Industry Authority, Arnie Santiago, said the strait leading into the Cebu port was a well-known danger zone.

"It is a narrow passage, many ships have had minor accidents there in the past. But nothing this major," Santiago said.

"There is a blind spot there and each ship passing through needs to give way in a portion of that narrow strip."

The Thomas Aquinas was a "roll-on, roll-off" ferry, which allows vehicles to be driven aboard and is commonly used in the Philippines.

Ferries are one of the main modes of transport across the archipelago of more than 7100 islands, particularly for the millions of people too poor to fly.

But sea accidents are common, with poor safety standards and lax enforcement typically to blame.

The world's deadliest peacetime maritime disaster occurred near the capital, Manila, in 1987 when a ferry laden with Christmas holidaymakers collided with a small oil tanker, killing more than 4300 people.

In 2008, a huge ferry capsized during a typhoon off the central island of Sibuyan, leaving almost 800 dead.


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China zoo with fake lion closes: media

Written By Unknown on Jumat, 16 Agustus 2013 | 00.51

A CHINESE zoo ridiculed for disguising a dog as a lion has shut down temporarily for "rectification", media report.

The zoo's supposed "African lion" was exposed as a fraud when the dog used as a substitute - a Tibetan mastiff - started barking, the state-run Beijing Youth Daily had reported earlier.

The zoo, in central China's Henan province, has "altered several misnamed animal signs", the Beijing Times reported on Friday, adding that zoo officials have issued a public apology and "closed for rectification".

Three other species housed incorrectly in the zoo reportedly included: two coypu rodents in a snake's cage, a white fox in a leopard's den, and another dog in a wolf pen.

A photograph of a dog sitting in a cage in front of a sign reading "African lion" drew ridicule on Chinese social media services, with one user saying: "They should at least use a husky to pretend to be a wolf".

The Tibetan mastiff is a large and hairy dog breed.

Authorities in the park in the city of Luohe, where the zoo is located, said the facility had been contracted out to a private zookeeper since 1998.


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$A recovers but still slightly lower

THE Australian dollar is slightly lower after recovering most of the losses it made after the release of strong US jobs figures.

At 1700 AEST on Friday, the local unit was trading at 91.57 US cents, down from 91.71 cents on Thursday.

The Australian dollar hit a low of 90.59 US cents early on Friday, after weekly US jobless claims fell to their lowest level since October 2007.

The data added to speculation that the US Federal Reserve will make an announcement on winding back its economic stimulus plan called quantitative easing (QE) at the September 17 and 18 Federal Open Markets Committee (FOMC) meeting.

The Australian dollar staged a recovery during Friday's local trading session, helped by stronger commodity prices and an early rally on the Chinese share market, CMC Markets senior trader Tim Waterer said.

"It could be described as a cautious move higher by the Australian dollar today, particularly in light of growing expectations that US tapering could be imminent which would benefit the greenback," he said.

"Investors will be going over each US economic indicator with a fine-tooth comb in assessing how each release may sway the Fed's thinking with regards to QE continuation or otherwise.

"Some erratic moves by the US dollar in response to mixed economic data is creating waves in the currency market and I expect this theme will likely continue for some time."

During the offshore session on Friday, US July building permits data for July will be released, as well as the University of Michigan consumer confidence index.


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