08 Feb '11, 4am

Disasters could reverse Australia's growth

Disasters could reverse Australia's growth

SYDNEY: A drop in coal and agricultural exports forced by Australia's flood and cyclone disasters could "thump" its economy in the first quarter, forcing growth into reverse, Treasurer Wayne Swan has warned. The calamitous weather that has battered resource-rich Queensland state since December could cause the robust economy's first contraction since the height of the global financial crisis, Swan told The Australian newspaper. "There is no doubt that the natural disasters will thump our economy in the first quarter of this year," Swan told Tuesday's edition of the paper. "As it stands, you couldn't rule out a negative in that quarter," he cautioned. The coal industry, which flooding virtually shut down in Queensland last month, stood to lose about $5 billion in exports, while agricultural production could take a $2 billion hit, he said. Farming organisations have estimated...

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

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Embattled Australia hit by fires

Embattled Australia hit by fires

channelnewsasia.com 06 Feb '11, 6pm

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Summer Take Off Fares from Australia have been ...

singaporeair.com 04 Feb '11, 9am

*Conditions apply: Final booking and payment date is 07 March 2011. Fares shown above are return, per person for travel in...

Australia braces for Cyclone Yasi

Australia braces for Cyclone Yasi

channelnewsasia.com 02 Feb '11, 11am

INNISFAIL, Australia - A terrifying cyclone barrelling towards Australia strengthened to the most dangerous threat level o...

Pray for the people of Australia.. Flooding, mo...

todayonline.com 04 Feb '11, 10pm

CARDWELL - Australia marshalled 4,000 soldiers and sent a supply ship with tons of food to its cyclone-stricken north-east...

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channelnewsasia.com 07 Feb '11, 6am

JAKARTA: Indonesia's gross domestic product grew 6.1 per cent last year, officials said on Monday as Southeast Asia's bigg...

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channelnewsasia.com 17 Feb '11, 12am

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This is tragic. Cyclone Yasi causes first death in Australia. The man asphyxiated while taking shelter.

This is tragic. Cyclone Yasi causes first death...

straitstimes.com 04 Feb '11, 1am

He died from inhaling fumes from a diesel-powered generator he was using inside an unventilated room, where he was shelter...

Flooding and storms that hit Australia could sh...

straitstimes.com 08 Feb '11, 6am

CANBERRA - AUSTRALIA'S deputy prime minister warned on Tuesday that extensive flooding and storm damage could shrink the c...

Australia cyclone upgraded to top threat level

Australia cyclone upgraded to top threat level

channelnewsasia.com 02 Feb '11, 12am

CAIRNS, Australia: A terrifying cyclone roaring towards Australia strengthened on Wednesday to the most dangerous threat l...

See these photos: Relief as #Australia mops up ...

asiaone.com 03 Feb '11, 11am

Relief as Australia mops up from giant cyclone INNISFAIL, AUSTRALIA - Australians voiced relief and surprise after one of ...

Wildfires tore across the outskirts of Perth on Sunday, destroying at least 35 homes.

Wildfires tore across the outskirts of Perth on...

straitstimes.com 06 Feb '11, 1pm

This television screen grab obtained by Australian news channel Skynews shows the busy fires in the suburbs in Perth. -- P...

MM Lee said S'poreans have to accept reality: fewer foreigners, slower growth

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straitstimes.com 12 Feb '11, 12am

(From left) Senior Parliamentary Secretary Sam Tan, Minister for Information, Communications and the Arts Lui Tuck Yew, Mi...

New cyclone lashes Australia's Darwin

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channelnewsasia.com 16 Feb '11, 4am

SYDNEY: Torrential rain and high winds lashed Darwin Wednesday as a new tropical cyclone bore down on Australia's north, j...

excerpts fr a 45-pg paper by SDP candidate Tan Jee Say, on the ills of SG's economic model. #sgelections

excerpts fr a 45-pg paper by SDP candidate Tan ...

theonlinecitizen.com 15 Feb '11, 5pm

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