Tag: australia
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New Legislation Blocking Torrenting Sites In Australia
The Federal Court has recently passed new legislation blocking torrenting sites including The Pirate Bay and KickassTorrents, two of the most popular illegal downloading sites available. A Federal Court order mandated that more than 50 internet providers such as Telstra, Optus and TPG be given 14 days to ban the sites. This can be done by using…
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Australian tourism industry booming
The Australian Bureau of Statistics has reported that Australia received more short-term visitors than ever in October. The Australian tourism industry recorded over 713,300 more visitors than the previous year, an improvement of 12.7%. That increase in short-term visitors takes the year’s total to over 8 million visitors, with an increase of 819,800 arrivals (or 11.2%)…
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iPhone 8 Details Leaked
The details of a possible iPhone 8 release for next year have been leaked, and it looks like Apple are set to change their usual pace for the iPhone’s 10 year anniversary. The new features include a curved, edgeless screen, glass casing on the back, and a possible third size being offered to consumers. Expectations are high…
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Western Sydney Housing Prices On The Rise
Recent real estate reports have shown that housing prices in Western Sydney are rising sharply, in direct contrast to housing prices in Sydney’s CBD. Reports show that real estate prices in the CBD have fallen an average of 6.3% in the last 12 months. A local woman managed to snap up a four bedroom penthouse in Sydney’s…
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Sydney faces its biggest auction day of the year
Tomorrow morning, Sydney will face its biggest auction day of the year with over 1,000 houses going under the hammer. This year’s real estate selling season has brought on some of the lowest stock levels in the last 20 years, however, the so called ‘drought’ is now said to be lifting. There are reportedly over…
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Goldman Sachs upgrades Australian economy
Goldman Sachs has released an upgraded forecast for Australia’s economy that reflects much higher predicted economic growth and a higher Australian dollar. The Australian economics team at Goldman Sachs, which consists of Tim Toohey, Andrew Boak and Bill Zu, also expect that the RBA will lift interest rates as soon as late 2017. The team believe that…
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NBN gets $19.5 billion from government
The National Broadband Network (NBN) has received a $19.5 billion loan from the Turnbull government to allow it to complete the rollout. The NBN was unable to raise enough funds on the open market to complete the infrastructure project. Finance Minister Mathias Cormann and Communications Minister Mitch Fifield released a statement acknowledging the loan and expanding…
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Dreamworld’s Thunder River Rapids will be closed permanently
Dreamworld has this morning announced that their Thunder River Rapids ride will be permanently closed following the four tragic deaths it caused last month. On 25 October, Canberra siblings, Kate Goodchild and Luke Dorsett, as well as Roozi Araghia, Mr Dorsett’s partner and Cindy Low, a Sydney woman, passed away on the ride when their raft flipped…
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This new app will help identify rips and other beach hazards
Summer’s coming and a new app called Pocket Patrol is pretty much going to help us not die. Sunshine Coast surf lifesavers are currently testing the app that aims to keep swimmers safer at the beach. It allows users to scan the surf and spot hazards that the naked eye might miss. It was created by Samsung…
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CommBank chief first to face Parliament over banking scandals
Executives of Australia’s big four banks will each be questioned individually for three hours in Parliament by a cross-party group of 10 MPs from the House of Representative Standing Committee of Economics this week, ahead of a year filled with scandals and controversies within the banking industry. Facing the Parliament today will be Commonwealth Bank chief Ian…