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So the Treasurer has delivered a budget that lifts the Medicare levy for all but the lowest income earners in two years' time. When the scheme is fully operational in 2020, it will cost $21 billion and is forecast to provide care for 460,000 Australians who have a severe disability.
  • Kate Middleton: Motherhood can be 'lonely at times'

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    She then took her turn, saying: "We'll bring you all the big stories, new entries, high climbers and of course, the top ten in full. But, you know, even Harry and I over the years have not talked enough about our mother". William said the couple had watched a lot of children's programmes, adding: "Some of them are really good but you have to pretend you're really interested because George gets very upset if you're not showing due diligence to the characters".
  • PM: New Australians must pass English test, commit to 'our values'

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    Prime Minister Malcolm Turnbull said the new citizenship test would reflect Australian values instead of the current multiple-choice format. That number was just over 900 in 2009. "We want people who abide by our laws and our values and we should expect nothing less", he said. "Labor has been saying we should prioritise Australian jobs", she said.
  • United: Airline won't use police to remove passengers

    United: Airline won't use police to remove passengers

    Markets

    Then again, there are those videos. I have patients I have to see in the morning. Federal rules allow airlines to sell more tickets than they have seats, and airlines do it routinely because they assume some passengers won't show up. "Instead, the damage of the brand will be millions of dollars". Kelly says sometimes airlines do have legitimate reasons to remove passengers from a flight.
  • United CEO: We won't let police drag people off planes anymore

    United CEO: We won't let police drag people off planes anymore

    Markets

    The Munoz who is actually CEO of United Airlines finally apologised to Dao for the "truly horrific event" that has elicited "many responses from all of us: outrage, anger, disappointment". Consumer trust and confidence are critical to ensure this industry continues to thrive, and we hope United Airlines will work diligently to immediately address this incident and make necessary improvements to ensure it does not occur again.
  • Brent oil rises for 8th day on possible extension to supply cut

    Markets

    West Texas Intermediate for May delivery rose as much as 38 cents to $52.62 a barrel on the New York Mercantile Exchange and was at $52.38 at 12:21 p.m.in Hong Kong, on course for its highest close since March 7. But Al-Falih said earlier that he wanted "conformity by all" in any extension as Saudi officials warned US shale producers that they shouldn't assume an extension will be automatic.
  • EBay Q1: Undervalued With Brightening Prospects

    EBay Q1: Undervalued With Brightening Prospects

    Markets

    Ebay Inc reported net income of $538 million during the first quarter of the year. The company generated $582 million in cash from operating activities and spent $135 million on capex. During Q1, StubHub also became the official ticket resale marketplace for the Major League Baseball teams the Los Angeles Angels and Toronto Blue Jays.
  • Young immigrants react to Trump comments on deportation

    Young immigrants react to Trump comments on deportation

    Markets

    Throughout the campaign, he firmly and repeatedly guaranteed that Mexico, not USA taxpayers, would pay for the wall. Eager for progress on other campaign promises, Trump said he would unveil a tax overhaul next week that would include a "massive" tax cut for individuals and corporations.
  • Average mortgage rate drops to 5-month low

    Average mortgage rate drops to 5-month low

    Markets

    Despite the short-term lack of movement on rates, Mortgage Brain says there have been year-on-year drops in the cost of mainstream mortgages. 10 year FRMs can be had for 3.125% today with an April of 3.331%. This week the panelists are split, with 38 percent forecasting further declines and 38 percent expecting mortgage rates to remain more or less unchanged over the next week.
  • Mnuchin downplays border tax, supports strong dollar

    Mnuchin downplays border tax, supports strong dollar

    Markets

    Saved the banking system, reshaped the country and ended prohibition. It doesn't mean that we've given up on it, but I would say that realistically it started as an aggressive timeline, and it's fair to say that it's probably delayed a bit because of the healthcare.
  • Asylum seekers crossing into Canada increase with warmer weather

    Asylum seekers crossing into Canada increase with warmer weather

    Markets

    The RCMP will not be confirming the age, gender or nationalities of these people. "Canadian authorities are managing the increase in asylum seekers in a sound and measured way". NDP Immigration critic Jenny Kwan said the government needs to find a way to address what's clearly a growing problem by both helping the Immigration and Refugee Board deal with the increased case load and rethinking the Safe Third Country agreement with the US that's pushing folks to cross between regular border ...
  • Sensex edges lower by 88 pts on global weakness

    Sensex edges lower by 88 pts on global weakness

    Markets

    As the Sensex closed higher - albeit marginally - after four days of losses in the face of muted corporate results so far, a normal monsoon forecast by IMD kept the hope factor alive for stocks on Wednesday. Gainers included GAIL (3.90 per cent), IBull HSGF (2.12 per cent), Grasim (2.05 per cent), Reliance (1.98 per cent) and PowerGrid (1.15 per cent) A total of 864 shares declined, 842 advanced, while 90 ruled steady.
  • PayPal and Android Pay link rolling out over the next weeks

    PayPal and Android Pay link rolling out over the next weeks

    Markets

    As we learn from the integration in the U.S., we hope to explore expanding this integration into other markets but we have nothing more to share at this time". By integrating with PayPal , it opens up Android Pay to a lot more United Kingdom banks and building societies than are now available through the Android Pay system itself.
  • Bank of America continues strong United States banking results with earnings beat

    Bank of America continues strong United States banking results with earnings beat

    Markets

    The firm has a market cap of $239.88 billion, a price-to-earnings ratio of 15.24 and a beta of 1.47. In order to determine directional movement, the 50-day and 200-day moving averages for USG Corporation (NYSE:USG) are $32.85 and $29.6. Shareholders of record on Friday, March 3rd were paid a dividend of $0.075 per share. Bank of America Corp's dividend payout ratio (DPR) is presently 21.74%.
  • What Aspen Skiing buying Mammoth means for SoCal skiers

    What Aspen Skiing buying Mammoth means for SoCal skiers

    Markets

    Intrawest's CEO prior to past year was Bill Jensen, also a former president at Vail Resorts. "I assume that they will want to enhance operations and take us to the next level", Stone said. We invested in the mountains, our people, and planning for the long term future. Hanle said he did not think the changes would impact Colorado's iconic ski industry.
  • United to compensate people on flight when man dragged off

    United to compensate people on flight when man dragged off

    Markets

    USA airlines are bumping passengers off flights at the lowest rate since 1995, a Reuters analysis of federal data showed on Tuesday, even as United Continental Holdings ( UAL ) has kicked up a storm over the practice. "T$3 he use of law enforcement onboard an aircraft has to be looked at very carefully", Munoz said, before acknowledging that they are usually there for the goal of safety.
  • Wal-Mart eliminating hundreds of corporate jobs

    Wal-Mart eliminating hundreds of corporate jobs

    Markets

    By making the customer travel to the store, Walmart can pass on the shipping cost savings to the customer, meaning these items will cost even less if you order online and pick them up at the store. Jet's software enables it to lower prices when customers add more items to their shopping carts. We are doing a lot to enhance the Pickup experience to make it even simpler and more convenient for customers.
  • Mallya gets bail, but targets media for 'hype' over his arrest

    Mallya gets bail, but targets media for 'hype' over his arrest

    Markets

    Mallya will be produced in Court in Westminster on Wednesday (April 19). Mallya owes more than £1.1bn to state-owned banks, say Indian officials, who have charged him with cheating and conspiracy for defaulting on the loans. Vijay Mallya , the "King of Good Times". Vijay Mallya was asked to appear before the law but he fled India in March 2016. India subsequently lodged a formal request for Mallya's extradition under the Extradition Treaty between India and the UK.
  • UK's call for early polls is a 'huge miscalculation', Nicola Sturgeon says

    UK's call for early polls is a 'huge miscalculation', Nicola Sturgeon says

    Markets

    However, it is hard to make predictions when it comes to Northern Ireland and Scotland, where most people voted to remain in the European Union during the 2016 referendum. "We know the SNP will use this campaign to try and manufacture a case for separation". Our aim is to gain support all over the country. Being faced with strengthened calls for a second Scottish independence referendum would weaken May's hand in her negotiations with the European Union - and that could have knock-on ...
  • Alonso's Indy drive part of the 'bigger picture'

    Markets

    The switch has been made easier by McLaren's lack of competitiveness in Formula One, with the once-great team now last in the championship without a point after two races and Alonso clearly frustrated with the situation. Williams was also sat alongside Brown but was more reserved in saying her team would not have allowed one of its drivers to compete. McLaren have all but confirmed that the decision to permit Fernando Alonso to run at this year's Indy 500 is part of the plan to get him to ...