Steve Jobs Leaves As CEO of Apple


No sooner had Steve Jobs resigned than the process of his canonisation began. Genius, visionary, even revolutionary were some of the epithets used to describe the man who took Apple from the brink to the world’s most valuable company. Read more: http://www.theage.com.au/opinion/society-and-culture/steve-jobss-apple-legacy-may-not-be-so-sweet-at-the-core-20110830-1jk04.html#ixzz1Wb40KepQ

Reserve Bank Cuts Interest Rates (Again)


THE Reserve Bank has cut interest rates to 3 per cent, giving homeowners a boost as Australia’s jobs outlook deteriorates. The move takes the official cash rate to the lowest point since 1960. But there’s no guarantee the cut will be passed on to homeowners by the nation’s big banks. Source: News.com.au It’s really quite…

New Australian High-Speed Broadband Network


Prime Minister Kevin Rudd announced today that the Australian government would go ahead and build the countries largest high-speed broadband network providing speeds of up to 100mbit to 90% of the country. Many commentators and industry figures saw the decision as bringing an end to Telstra’s monopoly of telecommunications infrastructure. The big deal is that…

$900 Bonus On Its Way


Cash payments of up to $900 will begin flowing to 8.7 million taxpayers on Monday following the High Court’s dismissal of a challenge to their legality by an Armidale law lecturer. Bryan Pape, also a barrister and states-rights champion, took on the might of the Commonwealth and lost. The court has ruled that the Tax…