Swan to urge G20 to close tax loopholes

FEDERAL Treasurer Wayne Swan is urging the Group of 20 major economies to close tax loopholes that allow profitable multinational companies to exploit differences in taxation regimes to avoid tax. The Australian government this week introduced...

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Newspaper sales fall in December quarter

DIGITAL sales of Australia's three big broadsheets have grown by double digit percentages, in a further sign of the shift away from printed newspapers. The Audit Bureau of Circulations (ABC) said in its latest report that Monday-to-Saturday sales...

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16-year-old 'stole car, hit cop'

AN unlicensed teenager is accused of stealing a sedan before hitting a police officer on the NSW central coast. Police say the 16-year-old reversed a stolen red Hyundai into an officer after he and a passenger were stopped for questioning on...

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Health group calls for booze law review

A PUBLIC health group says time is running out for the NSW government to get its review of alcohol laws under way. The NSW and ACT Alcohol Policy Alliance (NAAPA), which represents 30 health, community, law enforcement, emergency services and...

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UK abattoir has deal with Grand National

THE owner of an abattoir embroiled in the horsemeat scandal has a deal to dispose of horses fatally injured in the Grand National race, the racecourse says. Peter Boddy, whose slaughterhouse was raided by the Food Standards Agency on Tuesday,...

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Rebels shoot down two warplanes in Syria

SYRIAN rebels have shot down two military warplanes over the northwestern province of Idlib, says a monitoring group. Both jets were hit with fire from heavy machine guns while the air force was carrying out a series of raids in the area, much...

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US stocks fall despite giant M&A deals

TWO giant M&A deals, the merger of American Airlines and US Airways, and Berkshire Hathaway's takeover of ketchup maker Heinz, have failed to lift US stocks in opening trade. Fifteen minutes into trade on Thursday, the Dow Jones Industrial...

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