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Former car manufacturer Chris Peachey in 2008 with the last Mitsubishi 380 to be made in Australia. The Adelaide factory closed the next day after 28 years. AAP/Rob Hutchison.

Need to smarten up again: dark side of the mining boom

The mining boom is gaining momentum with massive investment either underway or slated but the benefits to Australia have peaked and we must now face the difficulties of being a high-dollar quarry where…
The Greens’ Bob Brown and the Liberals’ Bill Heffernan share a moment in the Senate after the passing of the Clean Energy Bill. AAP/Alan Porritt.

Price on carbon as Clean Energy Bill passes Senate: expert reactions

The Gillard Government’s Clean Energy Bill enters legislation after today passing the Senate 36 votes to 32. Voting ‘no’ were the Coalition, independent Nick Xenophon, and the Democratic Labor Party’s…
aapone italy world politics economy protest europe original.

Expert views of Occupy Wall Street

The Occupy Wall Street protests that started in New York have proved contagious. Sit-ins and attempted occupations have spread to other major American cities including Chicago, Boston, Seattle, and Atlanta…
Prime Minister Julia Gillard hugs Minister for Climate Change Greg Combet after the carbon pricing legislation was passed by the House of Representatives on Wednesday. AAP

Carbon price bill passes lower house: the experts respond

The Gillard government’s carbon pricing legislation passed the House of Representatives by 74 votes to 72, and is expected to pass through the Senate with the support of the Greens next month. Under the…
Nobel Laureates: Princeton University professor Christopher Sims (left) and Thomas Sargent, a New York University economist and visiting professor at Princeton. AAP

US economists win Nobel Prize for cause and effect theories

Two US economists have been named the 2011 winners of the Nobel Prize in Economics for their research on how economies are affected by macroeconomic variables such as GDP, inflation, employment and investments…
University of Melbourne was ranked 37 in the world and top in Australia by the Times Higher Education World university Ranking system in 2011. Flickr/Pip_Wilson

Times Higher Education ranks University of Melbourne Australia’s best but experts urge caution

The Times Higher Education World University Rankings has named the University of Melbourne Australia’s best university, but higher education experts have warned that such rankings tables are easily misinterpreted…
Apple founder Steve Jobs revolutionised our relationship with computers and phones, experts say. AAP

Apple founder Steve Jobs dead

Apple founder Steve Jobs, widely seen as one of tech industry’s most influential figures, has died after a battle with cancer that forced him to resign as CEO in August. He was 56. In a statement posted…
The proportion of Australians ‘saving for a rainy day’ has gone up, but the proportion of those saving for an investment property has fallen, the survey found. Flickr/Alan Cleaver

More Australians saving but households still smarting from GFC

The proportion of Australians saving their pennies has risen since June, but householders still have not recovered completely from the global financial crisis that began in 2007, according to a new survey…
Younger academics and researchers need clear career paths, job security and to be freed from red tape, the report said. Flickr/Argonne National Laboratory

Talkin’ bout my generation: young academics on why so many eye uni exit

Nearly 40% of academics under 30 and one-third of staff aged 30-39 years plan to leave the Australian higher education sector within 10 years, according to a new report, raising the prospect of severe…
Communications Minister, Stephen Conroy, announced the terms of reference for the media inquiry on Wednesday. AAP

Broad terms for media inquiry but what about ownership?

The Australian government has announced the terms of reference of its planned media inquiry, which will look at the powers of the Press Council, recent technological developments and the ability of the…
Indian climate policy expert Dr Kirit Parikh says developed countries should take the lead on reducing global greenhouse gas emissions. Jamie North/PARDALOTE PHOTOGRAPHY

Global climate: India says Australian carbon tax a ‘useful’ idea

A top environmental adviser to the Indian government has described the Gillard government’s proposed carbon tax as an “interesting mechanism” that may be useful for Indian climate policy makers. With annual…
A member of a specialised team checks for radiation outside the CENTRACO nuclear waste treatment center near Marcoule, southern France, after an explosion caused the death of one person and serious injuries to another. AAP/EPA/JEROME REY

Radiation risk low after French nuclear blast: experts

An explosion at a nuclear waste facility in Southern France has killed one and badly burned another but is unlikely to cause a dangerous radioactive leak, experts said on Tuesday. The blast occurred late…
China says it has encouraged a domestic renewable energy industry and is now planning a pilot emissions trading scheme. Flickr/Land Rover Our Planet

Global climate: China eyes Australian ETS model

As the Gillard government prepares to introduce its carbon price legislation to parliament, senior environment policy advisers from big emitters China and India have said they are watching closely Australia’s…
A Universities Australia report estimates that implementing the Bradley Review’s vision would add 5.6% to national productivity levels by 2040 and 6.4% to Australia’s GDP. Flickr/iansand

Hiking uni funding beats NBN as a GDP booster: report

Implementing the vision of a government report that called for more university funding could boost Australia’s national productivity levels by 5.6% by 2040, according to a study commissioned by a university…
Wage growth and wage expectations have taken a downward turn. Flickr/HoskingIndustries

Wage growth slows, female earners suffer most

Wage growth has slowed in the last quarter, with pay rising at just 2.9% over the last 12 months to August, down from 5.1% in the 12 months to May, a new survey shows. The survey of 1200 households, conducted…
The median expected inflation rate dropped this month compared to July, most likely driven by the economic turmoil in the US and Europe, as well as the domestic stock market. Flickr/Krug6

Consumers see inflation staying within RBA target

Consumers have softened their expectations on price rises, with a new survey showing that more people this month think inflation will stay within the Reserve Bank’s target compared to a similar survey…
A screenshot showing the Sun’s website after it had been attacked by LulzSec, a clandestine group of hackers and cyber activists. LulzSec

LulzSec hacks the hackers at News International

An attack by computer hacker group LulzSec has shut down over 1000 websites owned by Rupert Murdoch’s News International, after the group posted a fake story on the website of Murdoch tabloid The Sun declaring…
Locking carbon dioxide in soils and crops also stimulates emission of other greenhouse gases like methane and nitrous oxide, a study found, meaning the capacity of land ecosystems to slow climate warming may have been overestimated. Flickr/AndyCarvin

Land carbon offset capacity may have been overestimated

The ability of land ecosystems like crops and soils to slow down climate change may have been overestimated because some of these ‘carbon sinks’ actually emit more greenhouse gases than first thought…
A survey of 140 economists found 60% were in favour of the Gillard government’s carbon tax policy. AAP

Economists back carbon tax package

A survey of 145 economists released today found that 60% believe the Gillard government’s carbon tax is good economic policy. The carbon tax package, announced on Sunday, penalises 500 heavy polluters…
A perception that international students are mistreated in Australia has prompted rallies and helped drive down enrolments. AAP

Lost international student enrolments may cost Australia billions

Failure to reverse a downturn in international student enrolments could cost billions to Australia’s GDP and over 45,000 jobs by the end of the decade, a report has found. International student enrolments…
By observing how the brain lights up in stressful situations, scientists have found city-dwellers are more sensitive to stress than their country cousins. Flickr

How city living stresses us out

As if any further proof were needed that traffic jams and overcrowding make us anxious, scientists have concluded that city-dwellers are more sensitive to stress than country folk. Urban environments have…
Most families with at least one child say they are ‘comfortable’ with their finances at just under $80,000, according to latest figures from the Melbourne Institute of Applied Economic and Social Research. Flickr, Meredith Farkas.

Just under $80,000 a year is enough, say most families

Most families say they would feel comfortable living on an annual household income of just under $80,000 according to new figures from the Melbourne Institute of Applied Economic and Social Research. However…