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Aug 6, 2018
08/18
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ullah of australians. —— a lot. earthquake in lombok. ullah of australians. -- a lot.nd big and well travelled by britons and europeans. it is reminding of the tsunami in 200a. europeans. it is reminding of the tsunami in 2004. there are after—shocks, but i guess when you have been through that, 150,000 plus people dying, any of this will trigger panic. that is one of the things i thought was interesting, because of the geology around indonesia, something that will keep happening in some way or form, given that tectonic plates are colliding around the so—called pacific rim of fire. just because the plates are meeting there, it you have these events happening on a regular base. for bali as well, they have felt it all there, the fear of heading back in that direction. let's move on to the story being covered. the guardian leading on the apparent assassination attempt. i say apparent because he is claiming it is, there seems to have been an explosion but no one is quite sure who did it. he is blaming the far right. has been one far right rebel group who have set on twitte
ullah of australians. —— a lot. earthquake in lombok. ullah of australians. -- a lot.nd big and well travelled by britons and europeans. it is reminding of the tsunami in 200a. europeans. it is reminding of the tsunami in 2004. there are after—shocks, but i guess when you have been through that, 150,000 plus people dying, any of this will trigger panic. that is one of the things i thought was interesting, because of the geology around indonesia, something that will keep happening in some...
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Aug 24, 2018
08/18
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again, a great example of the way in which i have sought always to stand up for australian jobs, australianto ensure that we could bring back the rule of law on the building sector, our australian building and construction commission, that was obviously one of the double dissolution triggers, but again many thought that was impossible, but we we re thought that was impossible, but we were able to achieve it. so i think it has been... it has been a challenging time, to be prime minister, but i'm very proud of our record, i'm very proud of our government and my ministers‘ record at achievements, so i want to thank all of my colleagues and my staff, but, you know, above all i want to thank my wife, lucy, for the love and support, i want to thank our children, alex and his wife yvonne, and our daughter daisy and her husband james. it isn‘t easy being married to, or the child of, a politician, let alone a prime minister. and often children get attention from the media and others that they frankly don‘t deserve in terms of, you know, people wanting to sort of have a crack at their father by going
again, a great example of the way in which i have sought always to stand up for australian jobs, australianto ensure that we could bring back the rule of law on the building sector, our australian building and construction commission, that was obviously one of the double dissolution triggers, but again many thought that was impossible, but we we re thought that was impossible, but we were able to achieve it. so i think it has been... it has been a challenging time, to be prime minister, but i'm...
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Aug 24, 2018
08/18
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completed a fool term in office australians must be pretty tired of all this revolving door politics i can't begin to tell you how distressed most people are that what goes on in the nih in the federal government it's a new as you said it's a relatively new ten years that's not a long standing traditional practice something we've become. restive and let's listen to the italian political system in changing leaders and one of the characteristics of this town is that. most people. will still be wondering if anything is right in the electorate what was this about what great principle was at stake what's the policy difference because none has been set out there's no explanation from. the from the outgoing prime minister the incoming one the chap the other challenges what this was actually about all right peter hartcher that political editor of the sydney morning herald peter thank you very much indeed. all right some other news now a saudi emirate to coalition air strike in yemen has killed at least twenty six civilians including women and children who theme media says it happened in the
completed a fool term in office australians must be pretty tired of all this revolving door politics i can't begin to tell you how distressed most people are that what goes on in the nih in the federal government it's a new as you said it's a relatively new ten years that's not a long standing traditional practice something we've become. restive and let's listen to the italian political system in changing leaders and one of the characteristics of this town is that. most people. will still be...
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Aug 27, 2018
08/18
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we have seen the australian dollar to this on friday, it strengthened to.k with the events of last week highlighted is that the financial markets are nervous about leadership instability. even though global markets went up, the astro in sharemarket fell and we also saw the dollar come down on the back of that as well. then, when scott morrison was confirmed we saw a bit of a ounce back. a bit of relief in markets which is good news, i guess that uncertainty going on in terms of what sort of damage this has done to the government's standing in the opinion polls is still there. the markets will be on edge that it is they are fretting over whether there might bea they are fretting over whether there might be a change of government at the time of the next election. in other words, this instability has increased the risk that there may be a change of government. let's take a look at what else is making news this week. on wednesday we will be getting the revised reading on gdp from the us for the march tojune quarter. the initial reading showed an extension of 4.
we have seen the australian dollar to this on friday, it strengthened to.k with the events of last week highlighted is that the financial markets are nervous about leadership instability. even though global markets went up, the astro in sharemarket fell and we also saw the dollar come down on the back of that as well. then, when scott morrison was confirmed we saw a bit of a ounce back. a bit of relief in markets which is good news, i guess that uncertainty going on in terms of what sort of...
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Aug 24, 2018
08/18
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the australian dollarjumping of the liberal party.n dollar jumping off the of the liberal party. the australian dollarjumping off the back of that news, but in general you can see a mixed day for markets, so much going on in the minds of investors, not least the fact that meetings between child delegates did not bear much fruit at all, they came to an end. —— trade delegates. low expectations, and they met them. final trading day of the week, friday, mixed picture emerging, looking ahead to the central bank powwow at jackson hole, looking ahead to the central bank powwow atjackson hole, that looking ahead to the central bank powwow at jackson hole, that is on the mind of traders around the world. we will hand back to you. richard hunter is head of markets at interactive investor. the king at the markets, things have been looking flat but with all the geopolitical turmoil around the world, look at australia, venezuela, brexit, what is happening in the us, on top of that, the fact we have lowered trade volumes, you would think there wou
the australian dollarjumping of the liberal party.n dollar jumping off the of the liberal party. the australian dollarjumping off the back of that news, but in general you can see a mixed day for markets, so much going on in the minds of investors, not least the fact that meetings between child delegates did not bear much fruit at all, they came to an end. —— trade delegates. low expectations, and they met them. final trading day of the week, friday, mixed picture emerging, looking ahead to...
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Aug 24, 2018
08/18
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malcolm turnbull has been ousted as australian prime minister after a vote by liberal party m.p.'s the country's treasurer scott morrison has been chosen as his successor comes off a few days in australian politics turnbull survived a vote on his leadership as recently as tuesday and the last off he told the media he plans to retire from politics. i was impressed by how many of my colleagues spoke or voted for loyalty above disloyalty. how the insurgents were not rewarded. by electing mr dutton for example but instead the successor who i wish the very best of course scott morrison a very loyal and effective treasurer well from all of this let's cross live to kathy novak in sydney kathy said tell us a bit more about scott morrison and what is it a surprise that he won the leadership contest even though he wasn't the main challenger surprising in so far as that he wasn't the challenger as you say we heard malcolm turnbull there refer to him mr dutton that's peter dutton who is from the more conservative side of the right wing ruling liberal party here in australia malcolm turnbull i
malcolm turnbull has been ousted as australian prime minister after a vote by liberal party m.p.'s the country's treasurer scott morrison has been chosen as his successor comes off a few days in australian politics turnbull survived a vote on his leadership as recently as tuesday and the last off he told the media he plans to retire from politics. i was impressed by how many of my colleagues spoke or voted for loyalty above disloyalty. how the insurgents were not rewarded. by electing mr dutton...
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Aug 24, 2018
08/18
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and australian rate differentials.this suggest that we are going to see further aussie weakness as we turn away from the political turmoil? as i said, that has been in a sense going on for 11 years. is something that has been a very key focus. u.s.arted to dip with rates becoming higher than australian rates. what the fx market has found is it has not really been a driver. with the rba having such neutral policy, there has not really been australian fundamental as a driving the aussie. now that we have political risks, it has been a bit more of the aussie driver for the past week. one thing we would like to highlight is the positioning. tensions again to rise at the beginning of the summer. it's really a risk-off position in g10. what we think this means is that markets have been having the right trade on. it's likely to have made money over the last couple of weeks, and we think that now, actually, that we do have a new prime minister in australia, we could aussie squeeze higher -- squeeze higher. anna: we look ahead
and australian rate differentials.this suggest that we are going to see further aussie weakness as we turn away from the political turmoil? as i said, that has been in a sense going on for 11 years. is something that has been a very key focus. u.s.arted to dip with rates becoming higher than australian rates. what the fx market has found is it has not really been a driver. with the rba having such neutral policy, there has not really been australian fundamental as a driving the aussie. now that...
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and we take some time to discuss australian stocks and we do so with australian economist and author of last year's can we avoid another financial crisis steve king who joins us from amsterdam safe thanks for taking the time to be with us i know some about the a.s.x. the australian stock exchange i guess they change the name it's not called the australian security exchange but tell our viewers about the importance of it to the australian economy and maybe talk about some of the key listed companies on the a.s.x. well the well meaning six of the dominates the six things factor banks and there should be a bit of a warning below anybody who knows there are economic history because of one stage non of the world's ten biggest banks which happen a's it was just before the bursting of that bubble back anon saying you phosphors now. none of the world's top banks and. i think the thing that banks make up things like about being across the hof the entire index then if a bit of the remainder is the minerals possible cause for a strike it does have a fairly substantial nodding industry and does
and we take some time to discuss australian stocks and we do so with australian economist and author of last year's can we avoid another financial crisis steve king who joins us from amsterdam safe thanks for taking the time to be with us i know some about the a.s.x. the australian stock exchange i guess they change the name it's not called the australian security exchange but tell our viewers about the importance of it to the australian economy and maybe talk about some of the key listed...
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Aug 16, 2018
08/18
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will they eventually reduce their imports of australian wine? reason why there has been volatility in the listing. in may this year there was tension between australian and asian governments and that has led to a slowdown and customs hold up. always that risk but if you look at what came through from treasury, they have seen an increase of value of 35% of their total numbers going into the china. you can clearly see that the demand for australian products and bridge product is on the up. —— french product. products and bridge product is on the up. -- french product. with that we end of this addition of asia business report. i am rico hizon, sport today is coming up next. this is bbc news. the top stories this hour — italy has declared a 12—month state of emergency in genoa, after the motorway bridge collapse that killed at least 39 people. in afghanistan, there's been a suicide attack at an educational centre near kabul. at least 48 people have been killed, scores of students were injured. rail passengers are facing a rise in the cost of train t
will they eventually reduce their imports of australian wine? reason why there has been volatility in the listing. in may this year there was tension between australian and asian governments and that has led to a slowdown and customs hold up. always that risk but if you look at what came through from treasury, they have seen an increase of value of 35% of their total numbers going into the china. you can clearly see that the demand for australian products and bridge product is on the up. ——...
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Aug 24, 2018
08/18
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australian politics is — to put it mildly — having a difficult week.s confirmed that he has lost the majority support of his liberal party in parliament. that triggers a leadership contest which he says he will not take part in. he survived a leadership code earlier this week that this seems that one step too farfor this week that this seems that one step too far for him. here this week that this seems that one step too farfor him. here is how the public in canberra feel about the public in canberra feel about the turmoil. no—one knows what's going on. would be good if they just did theirjob they're paid to do, so they should get in there and just govern the country, not stuff around and sort their own stuff out. the reason why a lot of us voted for the liberal party this time is because of malcolm, because of his moderate views, you know, he actually has great ideas about the climate change and different things we want in this country. well, it's just another debacle, really, isn't it? i do not think the liberal party will be in government for much lo
australian politics is — to put it mildly — having a difficult week.s confirmed that he has lost the majority support of his liberal party in parliament. that triggers a leadership contest which he says he will not take part in. he survived a leadership code earlier this week that this seems that one step too farfor this week that this seems that one step too far for him. here this week that this seems that one step too farfor him. here is how the public in canberra feel about the public in...
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an excuse to tilt the playing field against a chinese firm that's how beijing dismissed the australian government's move to ban chinese owned tech giant huawei from taking part in the rollout of five g. mobile infrastructure. china expressed serious concerns about the australian government's statement on this issue the chinese government has always encouraged the chinese companies to carry out economic co-operation abroad on the basis of respecting international rules and local laws. don't use various excuses to out officially erect barriers and conduct discriminatory practices to the australian government to abandon it illogical prejudices and provide a fair competitive environment for chinese companies one hundred. but chinese lore says citizens and companies must support and this is intelligence work security analysts say there's a risk while ways equipment could be used for. the move was made following advice from his trail years security agencies and signals a hardening of canberra stance towards its biggest trading partner bilateral relations have soured vic kamber as allegations
an excuse to tilt the playing field against a chinese firm that's how beijing dismissed the australian government's move to ban chinese owned tech giant huawei from taking part in the rollout of five g. mobile infrastructure. china expressed serious concerns about the australian government's statement on this issue the chinese government has always encouraged the chinese companies to carry out economic co-operation abroad on the basis of respecting international rules and local laws. don't use...
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Aug 15, 2018
08/18
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so they really help set an agenda in australian politics. despite the fa ct australian politics. on outside source, still to come: a bbc investigation into rhino horn poaching in south africa, and how official corruption plays a part. what price convenience? that‘s the question many cash—strapped councils in england are being forced to ask when it comes to providing free public toilets. numbers have been declining for years and now the bbc has learnt that some uk high streets have no council—run loos at all. it‘s become a familiar sight, public toilets no longer in use. in some cases, they‘re being sold off, or transferred to other bodies to run. either way, councils are maintaining fewer of them and saving money. research by the bbc shows that across the uk, councils have stopped running 13% of public toilets over the past eight years. major councils now maintain 4,486. that‘s down from 5,159 in 2010. and in 37 areas, they no longer run any public loos at all. in this former toilet block, you‘ll spend more than a penny. leased from cardiff council, it‘s been reopened as a busine
so they really help set an agenda in australian politics. despite the fa ct australian politics. on outside source, still to come: a bbc investigation into rhino horn poaching in south africa, and how official corruption plays a part. what price convenience? that‘s the question many cash—strapped councils in england are being forced to ask when it comes to providing free public toilets. numbers have been declining for years and now the bbc has learnt that some uk high streets have no...
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Aug 24, 2018
08/18
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many australians will look at what's happening in canberra and see the governing liberal party eatingf. these fractures in the liberal party... it would be infuriating to many voters. they just want the government and theirmps, they just want the government and their mps, understandably enough, you would have to say, to get on with the jobs that they are paid to do. malcolm turnbull made it very clear in one of his final press conferences as prime minister, he said australians would be appalled at the behaviour of some liberal party mps, malcolm turnbull also saying that he had been the victim ofan saying that he had been the victim of an internal insurgency carried out by bullies who were intimidating other members of the government. the upshot of all of this, australia has a new prime minister, he is scott morrison, he has a constituency in the south of sydney in australia's biggest city, he is an experienced politician, former immigration minister, more recently the treasurer, so he knows about the big portfolios in the australian government, but he will have, you would have to say
many australians will look at what's happening in canberra and see the governing liberal party eatingf. these fractures in the liberal party... it would be infuriating to many voters. they just want the government and theirmps, they just want the government and their mps, understandably enough, you would have to say, to get on with the jobs that they are paid to do. malcolm turnbull made it very clear in one of his final press conferences as prime minister, he said australians would be appalled...
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mutiny that has thrown the government survival into doubt we'll look at why australia's leader nor australian leader has served a full term in over a decade. plus preparing its citizens for the worst case scenario the u.k. government starts dishing out advice on what to do if britain crashes out of the european union without a deal. i don't like i'm i'm with that shima the us has slapped a twenty five percent tariff and sixteen billion dollars worth of imports from china this is a second round of targets in. response to what the trump administration calls beijing's unfair trade practices china reacted swiftly with its own high town of on over three hundred american products and that means tough times ahead for american regions that explored billions in context to china one of them is a city. the brookings institution says no other metro area in the u.s. is being impacted more by the u.s. china trade down result examiner phenomena visited the region and sent us this report. from handrails an alloy industry. and the driver own two sister company in wichita that over a wide range of an aluminum
mutiny that has thrown the government survival into doubt we'll look at why australia's leader nor australian leader has served a full term in over a decade. plus preparing its citizens for the worst case scenario the u.k. government starts dishing out advice on what to do if britain crashes out of the european union without a deal. i don't like i'm i'm with that shima the us has slapped a twenty five percent tariff and sixteen billion dollars worth of imports from china this is a second round...
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Aug 23, 2018
08/18
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we have had a decade of tamil in australian politics and todayis tamil in australian politics and todayl. why is it so fractious? what are the dynamics here? think it reflects what is happening in democracies in the western world is. party at failing. it has been splitting a stable two—party system. in the previous decade we had to prime ministers and in the last ten yea rs prime ministers and in the last ten years we prime ministers and in the last ten yea rs we have prime ministers and in the last ten years we have had six changes and thatis years we have had six changes and that is an unprecedented period of instability in australian politics and it is driven by this breakdown of the two—party system and the rise of the two—party system and the rise of populist politics and this latest leadership tilt appears to be a manifestation of that populism. let's take a look at some of the day's other news: a british—iranian woman who's been imprionsed in iran for more than two years, has been temporarily released. nazanin zaghari—ratcliffe was sentenced to five years in jail in 2016, after b
we have had a decade of tamil in australian politics and todayis tamil in australian politics and todayl. why is it so fractious? what are the dynamics here? think it reflects what is happening in democracies in the western world is. party at failing. it has been splitting a stable two—party system. in the previous decade we had to prime ministers and in the last ten yea rs prime ministers and in the last ten years we prime ministers and in the last ten yea rs we have prime ministers and in...
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is facing a party mutiny that's thrown the government survival into doubt we'll look at why no australian leader has served a full term in over a decade. i'm brian thomas thanks so much for being with us we start with some breaking news just coming in from france one person has been killed two seriously wounded after a knife attack in the paris suburb of top french police say the attacker has been quote neutralized by security forces after trying to hide in a building let's go live now to lisa lois she's the the views correspondent in paris lisa what can you tell us right now. well for the time being we're just hearing news reports that the person has indeed been killed by police but the police have not confirmed that yet they're also reports that he was part of a database about twenty five thousand people in it with people who are not to be run flies again these are confirmed reports and the french media also reporting that he was yelling. so go to great when he was doing this attack. and that would obviously be an indication that this was a terrorist attack again all these reports have
is facing a party mutiny that's thrown the government survival into doubt we'll look at why no australian leader has served a full term in over a decade. i'm brian thomas thanks so much for being with us we start with some breaking news just coming in from france one person has been killed two seriously wounded after a knife attack in the paris suburb of top french police say the attacker has been quote neutralized by security forces after trying to hide in a building let's go live now to lisa...
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this is deja vu news live from berlin another australian prime minister faces an early exit malcolm turnbull is facing down a party mutiny that's thrown the government's survival into doubt we'll look at why no australian prime minister has served out a full term in over a decade also coming up president truong says he did nothing wrong a day after being implicated in hush money payments with two former associates facing jail time will the president have a political price to pay. and the u.s. and china escalate their trade dispute with sixteen billion dollars in tit for tat tariffs so who stands to lose the most we'll have a special report from one u.s. region bracing for tough times ahead. i am brian thomas a very warm welcome to the show australia's prime minister's clinging to power as a leadership crisis cripples his government now who turnbull is fighting for his political life as senior ministers deserve him and contest his leadership a second leadership voters do friday the government has suspended parliament to try to resolve the crisis no australian prime minister has succeeded in s
this is deja vu news live from berlin another australian prime minister faces an early exit malcolm turnbull is facing down a party mutiny that's thrown the government's survival into doubt we'll look at why no australian prime minister has served out a full term in over a decade also coming up president truong says he did nothing wrong a day after being implicated in hush money payments with two former associates facing jail time will the president have a political price to pay. and the u.s....
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Aug 15, 2018
08/18
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mr anning is the sole senator representing katter‘s australian party.der bob katter. this was his first speech to the senate and what he said next sparked global outrage. the final solution to the immigration problem, of course, is a popular vote. senator anning's remarks are appalling. i condemn them and i reject them in their entirety. i have relatives who went through the holocaust. his comment about the final solution to immigration is insensitive, was ignorant, was divisive and was hurtful. but mr anning denies his words were a reference to the holocaust. it was two words, yes. it's up to you if you believe it's an inflammatory comment. party leader bob katter is one of his few supporters. he described mr anning's speech as solid gold. we asa anning's speech as solid gold. we as a race of people, we australians, are being buried by a mass immigration programme. immigration remains a hot topic in australia amid concerns aboutjobs and overcrowding in major cities, even as migration numbers continue to fall. kristina harazim, bbc news. you're watching
mr anning is the sole senator representing katter‘s australian party.der bob katter. this was his first speech to the senate and what he said next sparked global outrage. the final solution to the immigration problem, of course, is a popular vote. senator anning's remarks are appalling. i condemn them and i reject them in their entirety. i have relatives who went through the holocaust. his comment about the final solution to immigration is insensitive, was ignorant, was divisive and was...
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Aug 14, 2018
08/18
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many australian families say they are struggling to get ahead.ll terms they are 2—0 down with five minutes to play to rising debt, soaring utility bills and sluggish wage growth. my plan is to try to bring in more money because i work as a nurse and i want to finish my registration in nursing and if i can do anotherjob i will. but this is a distraction, playing football, to distract me from reality. it is ok for us at the moment because my husband and i are working in stable jobs, but i am worried about my children's future. still in a very lucky country at the moment, but no one is safe, the economy is moving sideways at the moment and it is unpredictable. people are increasingly questioning the relevance of gdp as an indicator. we know that gdp has been strong in the last year but we also know workers are not seeing wage increases. and there is also a high level of job insecurity. the nab survey also showed many australians are not working as much as they would like. as income falls, stress invariably rises. those with the lowest level of well—
many australian families say they are struggling to get ahead.ll terms they are 2—0 down with five minutes to play to rising debt, soaring utility bills and sluggish wage growth. my plan is to try to bring in more money because i work as a nurse and i want to finish my registration in nursing and if i can do anotherjob i will. but this is a distraction, playing football, to distract me from reality. it is ok for us at the moment because my husband and i are working in stable jobs, but i am...
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Aug 21, 2018
08/18
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before you came to join us, australians are used to this revolving door politics. impactful, what a change of government be for your industry and is that something that you will be watching is a risk? >> for business, what we need is clarity. i think the leader of whatever atter for that party, but for business, as we are making significant investment decisions as we have done with the rail. project, that is a 1.3 billion u.s. dollar investment in australia we need some clarity in terms of policy. it is really important for those long-term investment decisions. if we have that certainty, we can make those decisions and that is good for jobs and growth. haidi: always a pleasure. thanks for spending your time with us. elizabeth gains, the chief executive of fortescue metals. let's get you to the first word news. blackrock said it saw significant second quarter slow down in china's economy. after analyzing a wide range of data. the fund managers a systematic acid equities. investor pullback was more visible. chen says the trade dispute with washington has weighed on s
before you came to join us, australians are used to this revolving door politics. impactful, what a change of government be for your industry and is that something that you will be watching is a risk? >> for business, what we need is clarity. i think the leader of whatever atter for that party, but for business, as we are making significant investment decisions as we have done with the rail. project, that is a 1.3 billion u.s. dollar investment in australia we need some clarity in terms...
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Aug 22, 2018
08/18
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we're joined australian prime minister, malcolm turnbull. we'rejoined now live from canberra. change. bring us up to date. dramatic start to the day here in canberra and some people have barely eaten breakfast. earlier this week we saw a leadership challenge against the australian prime minister, malcolm turnbull. a vote was held within the liberal party, which is part of the ruling coalition. but the challenge failed. peter dyson, the challenger then resigned and people thought well, thatis resigned and people thought well, that is that. , no. peter dutton has returned from a second straight. he claims he now has numbers behind him and has publicly, in the last hour we re and has publicly, in the last hour were also, then on the steps of parliament saying he wants another vote to be held. however we understand that the prime minister ‘s is no. we understand that the prime minister ‘sis no. we had a understand that the prime minister ‘s is no. we had a vote understand that the prime minister ‘sis no. we had a vote and go away, get on with life. how tenable as that position? ma
we're joined australian prime minister, malcolm turnbull. we'rejoined now live from canberra. change. bring us up to date. dramatic start to the day here in canberra and some people have barely eaten breakfast. earlier this week we saw a leadership challenge against the australian prime minister, malcolm turnbull. a vote was held within the liberal party, which is part of the ruling coalition. but the challenge failed. peter dyson, the challenger then resigned and people thought well, thatis...
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Aug 24, 2018
08/18
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there are several memes circulating saying classically robust australian terms that australian politicianspening and what is likely to happen —— the job. is happening and what is likely to happen -- the job. one thing is certain, no one really absolutely knows what's going to unfold in the next few hours. we still expect, it's around 11:10am here, at high noon, dramatically, some people expect a second leadership contest without malcolm turnbull in it. that said, that only gives them about 49 minutes to call that meeting if they're to be on schedule. i guess they could delay a little. some sources suggest there are enough mps in the liberal party who won the second leadership contest. malcolm turnbull already indicating he won't take part if so. therefore we will, by the of today, maybe have a new prime minister. many people saying one way or another malcolm turnbull is toast. but there are so many subplots in this, it's become very complicated, one of them with questions over peter dutton, his main rival‘s eligibility to be in this place, whether he was in breach of the constitution. on t
there are several memes circulating saying classically robust australian terms that australian politicianspening and what is likely to happen —— the job. is happening and what is likely to happen -- the job. one thing is certain, no one really absolutely knows what's going to unfold in the next few hours. we still expect, it's around 11:10am here, at high noon, dramatically, some people expect a second leadership contest without malcolm turnbull in it. that said, that only gives them about...
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Aug 5, 2018
08/18
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the australian currency is in a downdraft at the moment.nterest rates, differentials certainly not in the australian dollar favor although the terms of trade providing some support. we would not be surprised if the australian currency continues to drift lower. values in the low 70's on a long-term fundamental basis. i guess we do have to worry about the escalation in the trade war. right now there is modest impact on global economies. tariffs on out 25% u.s.,inese exports to the you do get quite a significant impact on u.s. growth in the next two or three years. you also get higher inflation. haidi: i want to talk about the yuan because it has been interesting how closely correlated these asian currencies are but in particular, you look at the aussie in response to the weakness to the chinese yuan. take a look at the reaction short break in. we have an announcement from the pboc that they were going to put in place 20% reserve requirement on certain fx forward contracts trade. we have seen them do this three years ago to stem the weakness i
the australian currency is in a downdraft at the moment.nterest rates, differentials certainly not in the australian dollar favor although the terms of trade providing some support. we would not be surprised if the australian currency continues to drift lower. values in the low 70's on a long-term fundamental basis. i guess we do have to worry about the escalation in the trade war. right now there is modest impact on global economies. tariffs on out 25% u.s.,inese exports to the you do get...
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ok allegations there of bullying of intimidation why are australian part of politics so turbulent. well i suppose it's partly because of israeli and generally pretty cynical about their politicians they're disillusioned with most political parties and that's right what one of the reasons why many prime ministers don't stay in power for their long we've had eight or sort of fall from ministers in the process eighty years one of them sir twice but that's an indication of you know how cynical people are about politicians and how that they simply don't trust them and whether or not you you take malcolm turnbull's word for it a lot you know he's i was thinking from his his own viewpoint there but generally speaking the electorate don't really have much time for either the liberal or labor party roger maynard for us are from sydney today roger thanks for bringing us up to date i grimaced. well mark is here now at the business desk because just a few hours ago the u.s. slapped a twenty five percent tariff on sixteen billion dollars worth of chinese imports and of course it's the second ro
ok allegations there of bullying of intimidation why are australian part of politics so turbulent. well i suppose it's partly because of israeli and generally pretty cynical about their politicians they're disillusioned with most political parties and that's right what one of the reasons why many prime ministers don't stay in power for their long we've had eight or sort of fall from ministers in the process eighty years one of them sir twice but that's an indication of you know how cynical...
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Aug 16, 2018
08/18
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we, as a race of people, we australians, are being buried by a mass migration programme.a, amid concerns aboutjobs and overcrowding in major cities, even as migration numbers continue to fall. kristina harazim, bbc news. you're watching newsday on the bbc. still to come on the programme: a preview of crazy rich asians, the first hollywood movie in 25 years to be led by an all—asian cast. also on the programme: are you hungry? stay with us, because we'll be finding out which countries offer the most delicious food according to a top travel guide. the big crowds became bigger as the time of the funeral approached. as the lines of fans became longer, the police prepared for a hugejob of crowd control. idi amin, uganda's brutalformer dictator, has died at the age of 80. he's been buried in saudi arabia, where he lived in exile since being overthrown in 1979. two billion people around the world have seen the last total eclipse of the sun to take place in this millennium. it began itsjourney off the coast of canada, ending three hours later, when the sun set over the bay of ben
we, as a race of people, we australians, are being buried by a mass migration programme.a, amid concerns aboutjobs and overcrowding in major cities, even as migration numbers continue to fall. kristina harazim, bbc news. you're watching newsday on the bbc. still to come on the programme: a preview of crazy rich asians, the first hollywood movie in 25 years to be led by an all—asian cast. also on the programme: are you hungry? stay with us, because we'll be finding out which countries offer...
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Aug 24, 2018
08/18
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i think a lot of australians regard it as a bit embarrassing as well. ten years, we have had this constant change. is it possible to unpick what is a play in the last decade? there seem to be a couple of things. the first is that the politicians themselves become obsessed with opinion polls in what is admittedly a short parliamentary cycle. the australian parliament only lasts for three years, whereas in the uk it is five. naturally enough, they are focused on opinion polls throughout that period then you might be in the uk. but they have become quite obsessed with opinion polls, and if the party sta rts opinion polls, and if the party starts to fall behind in the polls, the party of government in particular, mps start to look to their own futures and wonder whether changing to another leader might be better. it is also important to say that there has been a lot of deficient in australia over the issue of climate change. in the uk, it is brexit, while in australia, it is climate change. australia has had their comparative advantage with cheap energy, bu
i think a lot of australians regard it as a bit embarrassing as well. ten years, we have had this constant change. is it possible to unpick what is a play in the last decade? there seem to be a couple of things. the first is that the politicians themselves become obsessed with opinion polls in what is admittedly a short parliamentary cycle. the australian parliament only lasts for three years, whereas in the uk it is five. naturally enough, they are focused on opinion polls throughout that...
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Aug 23, 2018
08/18
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what would that mean for qantas and australian businesses?n: as i said today, businesses are frustrated at what is happening in canberra. they want reliability and .onfidence despite all of that, we are seeing a strong australian economy. it is performing across the board really well and there are good signs the resource sector is rebounding fairly well, which is important for in economy. for that -- an economy. to that to continue, we need bring certainty to corporate tax policy, to make sure we have a tax system comparative to the rest of the world. we need certainty on energy policy and making sure people can invest and know the policy going forward. ist vacuum in canberra concerning the business community. it is frustrating us and we hope that can be quickly resolved and certainty brought back to monetary policy. haidi: japan heading off to lunchtime break. sophie: let's look at what is moving in japan. be fasthe movers would retailing, gaining ground 2.5%. this as the nikkei reporting it plans to double to about 400 stores by 2022. we ha
what would that mean for qantas and australian businesses?n: as i said today, businesses are frustrated at what is happening in canberra. they want reliability and .onfidence despite all of that, we are seeing a strong australian economy. it is performing across the board really well and there are good signs the resource sector is rebounding fairly well, which is important for in economy. for that -- an economy. to that to continue, we need bring certainty to corporate tax policy, to make sure...
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whistle blower an l g b t q activist was denied an entry visa into australia on wednesday by the australian government for get this failing the character task that is required for entry. i guess apparently being tortured jailed for five years for blowing the whistle on lethal crimes committed by the us military gets you up failing grade on the character chart by the australian department of home home affairs ms manning was a was scheduled to be part of a speaking tour of australia starting in september along with american journalist ronan farrow time easy coats and maureen dowd think the tour organizer told the media we are very disappointed to learn that the department of home affairs has taken this approach and will be vigorously advocating for her ability to enter australia. i guess this is how we will treat the real heroes in our society we will deny them entry and silence their voices until we start watching the hawks . at the bottom. like you that i got. this. week. well we're going to watch fox i am tyrrel them for that capitalists. i can't even wrap my head around this as i say is a
whistle blower an l g b t q activist was denied an entry visa into australia on wednesday by the australian government for get this failing the character task that is required for entry. i guess apparently being tortured jailed for five years for blowing the whistle on lethal crimes committed by the us military gets you up failing grade on the character chart by the australian department of home home affairs ms manning was a was scheduled to be part of a speaking tour of australia starting in...
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Aug 12, 2018
08/18
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eight cents. 1.483 australian. one of the companies that seemed to have landed on the right side of the trade war given exposure to the u.s. side of the business. that share is up 17% on the year. we will speak to bluescope later on. that is after midday if you are tuning in in sydney, after 10:00 for viewers in hong kong. ramy: australia's financial sector is under scrutiny. criminal charges have been flagged as an inquiry focuses in on $1.9 trillion pensions industry. this is bloomberg. ♪ ♪ phones have made our lives effortless. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone. its a new kind of network designed to save you money. click, cal
eight cents. 1.483 australian. one of the companies that seemed to have landed on the right side of the trade war given exposure to the u.s. side of the business. that share is up 17% on the year. we will speak to bluescope later on. that is after midday if you are tuning in in sydney, after 10:00 for viewers in hong kong. ramy: australia's financial sector is under scrutiny. criminal charges have been flagged as an inquiry focuses in on $1.9 trillion pensions industry. this is bloomberg. ♪...
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Aug 23, 2018
08/18
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this reminds us how rough australian politics really is. there is a good reason why they call it the true capital of the democratic world. it is difficult to be a prime minister in australian politics and there is backbiting always going on. —— coup capital. there is a move towards a hardening of some political positions in australia, a move to the right and malcolm turnbull is just too liberal. some say to moderate. i think that tells us something about australian politics. you need to remember that this is a government with a one seat majority so it is in danger of falling for other reasons. but won't credibility be lost? some inside australia and some outsider looking at this and say it is edging towards what we see in italy. there is a problem in the democratic world of the fracturing of political parties and positions. the old consensus where you used to be up to find a centre ground is clearly not holding in many countries and perhaps we will see that australia is about to become the latest victims of that. and maybe a message footer
this reminds us how rough australian politics really is. there is a good reason why they call it the true capital of the democratic world. it is difficult to be a prime minister in australian politics and there is backbiting always going on. —— coup capital. there is a move towards a hardening of some political positions in australia, a move to the right and malcolm turnbull is just too liberal. some say to moderate. i think that tells us something about australian politics. you need to...
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Aug 6, 2018
08/18
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the second thing is the australian banking is not what it once was.arket is slow zinc -- is slowing. costs that rising funding , an economy that is not soaring, and the outlook isn't that great. ramy: what are the key data points the market needs to look at with these results? >> we will be looking at the normal numbers, cash profits. these results may be slightly messy. the new ceo has been reshaping the bank. he has been selling off assets, things the bank owns and doesn't want anymore. at the wealth advice unit. we will be looking for more clarity and break down about how that is going to work. as always, how is a business of everyday banking going? cba makes most money from retail banking. we will be looking at the net interest margin, how profitable is the day-to-day business? haidi: are these themes likely to be relevant for all lenders? as we continue to look at the light of the end of the tunnel, or meaningful change should we expect? thehis will be relevant to other banks. cba is australia's biggest bank. some of the trends are more pronounce
the second thing is the australian banking is not what it once was.arket is slow zinc -- is slowing. costs that rising funding , an economy that is not soaring, and the outlook isn't that great. ramy: what are the key data points the market needs to look at with these results? >> we will be looking at the normal numbers, cash profits. these results may be slightly messy. the new ceo has been reshaping the bank. he has been selling off assets, things the bank owns and doesn't want anymore....
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gratian frazer adding from the right wing populist katter's australian party claimed he did not know the history of the phrase it was used by the loss of use during the holocaust. it's to the us now and a grand jury in the state of pennsylvania has published a report on the sexual abuse of children by roman catholic priests it says at least one thousand children were molested or raped by priests over a period of seven decades this report accuses senior church officials including the man who's currently the archbishop of washington these say of systematically covering up reports of paedophilia among the roman catholic clergy in approving this report more illegal three hundred clerics human have been accused of sexually abusing children in pennsylvania unchecked for decades officials say their investigation found systematic cover ups not just by church leaders in the u.s. state but also in the vatican rely on the euphemisms the church priests were raping little boys and girls and the men of god who were responsible for them not only did nothing they hid it all for decades. some of the
gratian frazer adding from the right wing populist katter's australian party claimed he did not know the history of the phrase it was used by the loss of use during the holocaust. it's to the us now and a grand jury in the state of pennsylvania has published a report on the sexual abuse of children by roman catholic priests it says at least one thousand children were molested or raped by priests over a period of seven decades this report accuses senior church officials including the man who's...
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Aug 6, 2018
08/18
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ullah of australians. —— a lot. earthquake in lombok. ullah of australians. -- a lot.
ullah of australians. —— a lot. earthquake in lombok. ullah of australians. -- a lot.
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political turmoil income scott morrison the seventh prime minister in just eleven years haven't australians had enough of this revolving political door we'll go live to sydney also coming up pope francis prepares to fly to ireland it's the first papal visit in four decades the crowds will be out to greet him but revelations of child sexual abuse by priests have rocked the church will francis respond to the growing pressure to cooperate with investigators. in the bundesliga is back the new season kicks off tonight german soccer has a lot to prove after a disastrous world cup look at the challenges ahead. and gorky park the title of a thriller but also moscow's location for love will join the fun as a solid race ninety years as one of the russian capitals most famous landmarks. i brought in thomas thanks so much for being with us australia's beleaguered prime minister malcolm turnbull has been ousted after a majority in his own party supported calls for new leadership treasurer a start no more since he won the party ballot that followed defeating former home affairs minister peter dutton by f
political turmoil income scott morrison the seventh prime minister in just eleven years haven't australians had enough of this revolving political door we'll go live to sydney also coming up pope francis prepares to fly to ireland it's the first papal visit in four decades the crowds will be out to greet him but revelations of child sexual abuse by priests have rocked the church will francis respond to the growing pressure to cooperate with investigators. in the bundesliga is back the new...
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of political turmoil in calm scott morrison the seventh prime minister in just eleven years have australians had enough of this revolving door we'll go to sydney for the latest also coming up. pope francis prepares to fly to ireland the first papal visit in four decades but revelations of child sex abuse by priests and its cover have rocked the church will francis respond to the growing pressure to cooperate with investigators. plus bonus league football is back tonight the new season kicks off with bahrain taking off and i'm a german football has a lot to prove after a disastrous world cup look at the challenges ahead. i'm brian thomas thanks so much for being with us australia's beleaguered prime minister malcolm turnbull has been ousted after a majority in his own party supported calls for a new leadership treasurer scott morrison won the party's ballot that followed defeating former home affairs minister peter dutton by forty five votes to forty this marks a bittersweet day for turnbull although he's been forced out he'll be replaced by one of his closest backers that might surprise you
of political turmoil in calm scott morrison the seventh prime minister in just eleven years have australians had enough of this revolving door we'll go to sydney for the latest also coming up. pope francis prepares to fly to ireland the first papal visit in four decades but revelations of child sex abuse by priests and its cover have rocked the church will francis respond to the growing pressure to cooperate with investigators. plus bonus league football is back tonight the new season kicks off...
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review our drought response plans morrison said another priority was to unify this party in the australian parliament following a bruising week in our politics in australia i asked sydney correspondent roger maynard how difficult a task that will be. very hard in my ability but a little bit of progress with the drought funds and of money into helping the farmers but his biggest part of the moment is the to unify the party there's a lot of similar forty people and he is you know voted against him in there today it's ballot which went you know forty five to forty in its flavor so he's that means quite a lot of significant. a sixth of the party still you know just agree with malcolm turnbull and and and scott morris and well as long as it was a very close ally of term ball and you know one of many of his economic policies and if you had only a climate change and emissions targets. whether or not the the right wing of the liberal party will now come in and do the golden and support scott morrison jumbles successor well that remains to be seen ok sounds like it's going to be a very fragile gove
review our drought response plans morrison said another priority was to unify this party in the australian parliament following a bruising week in our politics in australia i asked sydney correspondent roger maynard how difficult a task that will be. very hard in my ability but a little bit of progress with the drought funds and of money into helping the farmers but his biggest part of the moment is the to unify the party there's a lot of similar forty people and he is you know voted against...
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Aug 21, 2018
08/18
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politics now takes us, given that there is a lot of turmoil in canberra, and as we now know, australiano survived not only falling from a cruise ship but then being adrift in the adriatic sea for 10 hours has left hospital. kay longstaff was pulled from the sea off the croatian coast on sunday, apparently falling from the cruise liner on saturday night. she said she was very lucky to be alive. from croatia, guy delaunay. kay longstaff returning safely to dry land, on a different sort of ship. the croatian coastguard rescued her from the adriatic after she spent a whole night treading water. i fell off the back of the norwegian star, and i was in the water for ten hours, so these wonderful guys rescued me. this is the moment she was pulled from the sea on sunday morning. her rescuers said she was tired and a bit sunburnt, but remarkably well, considering her ordeal. translation: the person was exhausted and in shock. but, soon after she was pulled on deck, and after liquids were offered to her, she was herself, and we could see that she'd sustained no physical injuries and no scratches.
politics now takes us, given that there is a lot of turmoil in canberra, and as we now know, australiano survived not only falling from a cruise ship but then being adrift in the adriatic sea for 10 hours has left hospital. kay longstaff was pulled from the sea off the croatian coast on sunday, apparently falling from the cruise liner on saturday night. she said she was very lucky to be alive. from croatia, guy delaunay. kay longstaff returning safely to dry land, on a different sort of ship....
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Aug 27, 2018
08/18
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how do australians feel about it?three—year cycle does mean any new prime minister or sitting prime minister doesn't have particularly long to prove themselves and improve the party's fortunes, because there's always an election on the horizon, but that's only one of the issues at play. it's almost become a self—fulfilling prophecy within canberra that any deposed leader will be out for revenge against a new prime minister, so some people point the finger at figures like tony abbott, who, well, was now prime minister two terms ago, but it was suggested he was always under —— undermining malcolm turnbull, ultimately pushing this bloodless coup that we saw last week. his preferred candidate, peter dutton, didn't claim top job, preferred candidate, peter dutton, didn't claim topjob, and it will be interesting to see how scott morrison deals with these characters. today we've seen peter dutton, the man who had failed leadership challenge last week, he has his old job back as home affairs minister, albeit with fewer powers
how do australians feel about it?three—year cycle does mean any new prime minister or sitting prime minister doesn't have particularly long to prove themselves and improve the party's fortunes, because there's always an election on the horizon, but that's only one of the issues at play. it's almost become a self—fulfilling prophecy within canberra that any deposed leader will be out for revenge against a new prime minister, so some people point the finger at figures like tony abbott, who,...
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Aug 24, 2018
08/18
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there is something going with australian democracy.as seen as by far the most popular candidate in terms of the actual voting public who, mind you, voted for malcolm turnbull. it is kind of a bizarre twist of it -- of australian politics that the leader can be replaced without going to an election. whatever the results, do we go to an election immediately? rob: that won't be clear at all. will have to see who goes through -- we will have to see who goes through. there is popular support for a potential leader and support within a political party. the liberals have this -- malcolm turnbull remains highly popular amongst the electorate in australia, but certainly not within his party. this has been an ongoing issue. as to the question about whether they will call an early election, i think there are reasons why that might not happen. for one thing, the liberal party wants to kind of shore up the coffers. they will need money. it is expensive to run campaigns. they wanted a candidates -- want to get kind of its -- wthey want to get candid
there is something going with australian democracy.as seen as by far the most popular candidate in terms of the actual voting public who, mind you, voted for malcolm turnbull. it is kind of a bizarre twist of it -- of australian politics that the leader can be replaced without going to an election. whatever the results, do we go to an election immediately? rob: that won't be clear at all. will have to see who goes through -- we will have to see who goes through. there is popular support for a...
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Aug 23, 2018
08/18
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i don't want to enter into a debate about recent events. —— in australian politics. out what is going to happen next. now, the house has been adjourned at the request of peter dutton, and so i now await a letter with the signatures of a majority of the party room. it i receive it at a3. ifi party room. it i receive it at a3. if i receive that, i will convene a new party room meeting. the party room at a course on tuesday and confirmed my leadership by majority. —— the party room met of course. i need to see a majority of the members and they need to put their names to it, too. these momentous times and is important that people are accountable. assuming i get that letter, which i read in the press is already in place, but, perhaps, it is not. as soon as i get that, my intention is to hold a party meeting at midday tomorrow. it is important that before the party meeting is held, we have access to the advice of the solicitor general on the eligibility of peter dutton to sit in the parliament. we expect that advice to be available first thing in the morning. that is what
i don't want to enter into a debate about recent events. —— in australian politics. out what is going to happen next. now, the house has been adjourned at the request of peter dutton, and so i now await a letter with the signatures of a majority of the party room. it i receive it at a3. ifi party room. it i receive it at a3. if i receive that, i will convene a new party room meeting. the party room at a course on tuesday and confirmed my leadership by majority. —— the party room met of...
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Aug 23, 2018
08/18
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a tumultous week in australian politics, the prime ministerfaces growing pressure resign. two million and counting. ever—increasing numbers flee venezuela's economic crisis. and pray the gay away, we take a look at the new film tackling the controversial issue of gay conversion therapy. hello and welcome. president trump has now acknowledged that hush money was provided before his 2016 election for two women claiming they'd had affairs with him. but contradicting tuesday's sworn testimony from his former personal lawyer, michael cohen, he's now claimed the pay—out was made with his own money, that election campaign finance was not, illegally, used. he's previously insisted he knew nothing about the payments. the president's been speaking to fox news. did they come out of the campaign? they didn't come out of the campaign, they came from me. i tweeted about it. i don't know if you know but i tweeted about the payments. but they didn't come out of campaign. in fact, my first question when i heard about it was, did they come out of the campaign? because that could be a little
a tumultous week in australian politics, the prime ministerfaces growing pressure resign. two million and counting. ever—increasing numbers flee venezuela's economic crisis. and pray the gay away, we take a look at the new film tackling the controversial issue of gay conversion therapy. hello and welcome. president trump has now acknowledged that hush money was provided before his 2016 election for two women claiming they'd had affairs with him. but contradicting tuesday's sworn testimony...
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Aug 23, 2018
08/18
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australian politics in a mess but it is a familiar mass.pen several times over the last decade and peter dutton would be the sixth prime minister within ten years. the australian public do not look very kindly on this type of thing and it is all too familiar to them to see what is happening in the parliament behind me. malcolm turnbull is clinging on at the moment. more details as they come to us. the rescue operations may be winding down in kerala in southern india — but a huge relief operation continues. almost 400 people died in the worst flooding in the state in a century. it's now thought that about 1.3 million people are sheltering in relief camps. the united nations is warning that more than half a million rohingya refugee children in bangladesh risk becoming a lost generation without immediate investment in their education. unicef says the refugee camps in bangladesh's cox's bazar are cramped, with only the most basic facilities. hawaii is facing a powerful hurricane posing a major threat to the pacific island chain. officials have
australian politics in a mess but it is a familiar mass.pen several times over the last decade and peter dutton would be the sixth prime minister within ten years. the australian public do not look very kindly on this type of thing and it is all too familiar to them to see what is happening in the parliament behind me. malcolm turnbull is clinging on at the moment. more details as they come to us. the rescue operations may be winding down in kerala in southern india — but a huge relief...
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Aug 24, 2018
08/18
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australians will be just dumbstruck, and so appalled by the conduct of the last week.ow much goodwill is there left amongst the voters? many enjoying a drink after work in canberra were pretty unimpressed with their politicians. i'm confused, 0k. .. it's one leader one day and then the next day we don't know who it is. we're more disappointed and in a lot of cases quite dismayed and disgusted by the way that the politicians have been playing this out. you're now the 30th prime minister of the commonwealth of australia. congratulations. thank you. perhaps he should have added "good luck". with an election due in nine months, just staying in power will be difficult. some are already talking about who australia's 31st prime minister may be. hywel griffith, bbc news, canberra. the cabinet office minister david liddington has dismissed criticism of a letter written by philip hammond to the treasury select committee saying there was "nothing new" about the analysis presented by the chancellor. writing yesterday, mr hammond warned that a no deal brexit would have large fiscal
australians will be just dumbstruck, and so appalled by the conduct of the last week.ow much goodwill is there left amongst the voters? many enjoying a drink after work in canberra were pretty unimpressed with their politicians. i'm confused, 0k. .. it's one leader one day and then the next day we don't know who it is. we're more disappointed and in a lot of cases quite dismayed and disgusted by the way that the politicians have been playing this out. you're now the 30th prime minister of the...