Australia is forecast to be among the three fastest-growing economies in the developed world this year, making it harder for the central bank to convince currency investors it isn’t about to raise interest rates.
The RBAmust differentiate itself from its counterparts in New Zealand and the UK, which have signalled their economies may need higher borrowing costs, according to Westpac.
Australia’s record-low benchmark rate hasn’t stopped foreign-exchange markets driving its dollar up 1.8 per cent in the past month, the best performing Group-of-10 currency ahead of the kiwi and the pound.
The comments of David Ipp, QC, come amid a sensational ICAC inquiry into the Liberal Party's alleged laundering of illicit campaign finance by routing cheques via Canberra, where there is no dedicated corruption-busting agency.
"It is so screamingly obvious that there is a breakdown in trust at the moment and that the only way of maintaining trust or recovering the trust is to demonstrate that there are adequate means of discovering corruption so that the public can be confident that what the government is doing is not tainted by dishonest behaviour," Mr Ipp told ABC-TV's Four Corners.
Jailed Australian journalist Peter Greste, a reporter for Qatar-based Al Jazeera, will learn his fate today with an Egyptian court expected to rule on whether he spread false news in support of the Muslim Brotherhood.
Most people have experienced what it is to lie awake at night worrying about how to make ends meet. But the world's super-rich are not lacking sleep over fears of losing money - but of having too much.
The richer the individual the greater those fears, the survey suggests, and only health concerns rank higher in the minds of the wealthy elite. According to the study, by the law firm Withersworldwide, this is an anxiety which, for some families able to live off investments, is tearing them apart.
Many of the super-rich are now putting their faith in new business ventures or charity initiatives to hold their family together.
Withersworldwide's report, The Meaning of Wealth in the 21st Century, draws from surveys of more than 4,500 individuals and detailed interviews with members of 16 very wealthy families from Europe, Asia and North America.
Shiite fighters paraded in Baghdad at the weekend in a dramatic show of force aimed at their Sunni opponents, who took control of a Syrian border crossing.
Washington's new diplomatic bid also aims to repel insurgents, whose lightning offensive has displaced hundreds of thousands and put Prime Minister Nouri al-Maliki under growing pressure. Mr Kerry is expected to travel to Iraq, although details of the visit are not known.
Government security forces were holding on in several areas north of Baghdad, but officials said insurgents led by the Islamic State of Iraq and the Levant (ISIL) group had seized one of three official border crossings with Syria.
“I was deprived of natural justice as I was in no way able to appeal the judgments or decisions that were made,” Bill Morris says.
He was forced out of his position in Toowoomba after a group of conservative “temple police” parishioners complained directly to the Vatican about his preaching which included discussion about ordaining women and married men.
He has written a book about his experience – Benedict, Me and the Cardinals Three – but says he has no bitterness. Instead he has learnt to “breathe underwater”.
An undercover investigation by London's The Daily Telegraph and Channel Four's Dispatches programme found that the President of Ghana's Football Association agreed for the team to play in international matches that others were prepared to rig.
The team is currently competing in the World Cup finals in Brazil, and on Saturday pulled off a 2-2 draw against Germany, in what was seen as one of the most entertaining games of the tournament so far.
However, it can be revealed that the African team had been lined up to play in international fixtures whose results would be fixed by corrupted officials.