30 Sep '11, 7am

Australia beats forecast with US$46.7b deficit: SYDNEY : Australia trumpeted its finances as among the best in t...

Australia beats forecast with US$46.7b deficit: SYDNEY : Australia trumpeted its finances as among the best in t...

SYDNEY : Australia trumpeted its finances as among the best in the developed world after unveiling a better-than-expected budget deficit of A$47.7 billion (US$46.7 billion) for 2010-11. As the United States and countries in Europe struggle to rein in huge deficits, Treasurer Wayne Swan on Friday said Australia's was a modest A$1.7 billion improvement on their May budget forecast for the financial year. "Australian public finances are among the strongest in the developed world," Swan said after the data was released. "That's despite the impact of the global financial crisis, the devastating natural disasters earlier this year and the impact of the high Australian dollar on revenue." While Australia avoided recession during the global meltdown, the turmoil cut around A$130 billion from government revenues as the economy slowed markedly. But Canberra was still able to post a ...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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Vast Area Burned in Australia [image] #NASA

Vast Area Burned in Australia [image] #NASA

earthobservatory.nasa.gov 30 Sep '11, 5pm

View Image Comparison View Both Images A wet summer set the stage for one of the most severe fire seasons northern Austral...

Fires in Northern Territory, Australia: Many la...

earthobservatory.nasa.gov 30 Sep '11, 10pm

Large fires burned throughout Australia’s Northern Territory on September 30, 2011, when the Moderate Resolution Imaging S...

Plane flies into ferris wheel in Australia.

Plane flies into ferris wheel in Australia.

straitstimes.com 01 Oct '11, 5am

A small plane crashed into a ferris wheel at a small town fair in Australia on Saturday and was left dangling from the str...

Our Aqua satellite spotted the large fires near Alice Springs, Australia today.

Our Aqua satellite spotted the large fires near...

earthobservatory.nasa.gov 29 Sep '11, 6pm

Several large fires burning near Alice Springs, Australia, blanketed roads and railroads with smoke and interfered with tr...

Fires in Northern Territory, Australia - pictur...

earthobservatory.nasa.gov 01 Oct '11, 5pm

Large fires burned throughout Australia’s Northern Territory on September 30, 2011, when the Moderate Resolution Imaging S...

Australia is so, so screwed

grist.org 05 Oct '11, 2pm

It's possible that the 19th century British powers-that-be were just running a really, really long con when they sent thei...

Rare white whale calf spotted near Australia's Great Barrier Reef

Rare white whale calf spotted near Australia's ...

straitstimes.com 29 Sep '11, 7am

An extremely rare white humpback whale calf has been spotted near Australia's Great Barrier Reef in an event witnesses des...