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Queensland election winners and losers

WHO WON – AND LOST – IN THE 2017 QUEENSLAND ELECTION: WINNERS * Annastacia Palaszczuk – set to become the first woman in Australia to win two elections and looks set to acquire the majority government she so desperately wants after three years in a hung parliament. * Rob Katter – the Katter’s Australian Party…

2015 win was never an accident: Palaszczuk

By any measure, Queensland Premier Annastacia Palaszczuk is now the most successful female politician in Australian history, poised to take government for a second term. Labor is on track to win at least 47 seats following Saturday’s election, which would give it a majority in Queensland’s new 93 seat parliament. It’s a long way from…

Could the LNP be headed for divorce?

Could divorce – on the grounds of irreconcilable differences – be on the horizon for Queensland’s bruised Liberal National Party? At least one political analyst thinks so, and veteran Nationals MP Vaughan Johnson says the marital bed is decidedly frosty after the merged party’s poor showing in Saturday’s state election. It’s been almost a decade…

Flat open likely for Australian market

The Australian share market is tipped to start the week flat, despite a strong positive lead from Wall Street. In the US on Friday – in a half session on the post-Thanksgiving holiday known as Black Friday – technology stocks led the S&P 500 and Nasdaq to record closing highs. But locally, AMP Capital chief…

Amazon, retail stocks gain on US market

Technology stocks led the S&P 500 and Nasdaq to record closing highs, with the S&P ending above 2600 points for the first time, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season. The benchmark S&P 500 and the blue-chip Dow Jones industrials posted weekly gains…

News from around the world

Militants kill 230 plus in Egypt mosque Militants have killed more than 230 people at a mosque in Egypt’s North Sinai, detonating a bomb and gunning down worshippers in the deadliest attack in the country’s modern history. – Reports of shooting sparks panic in London Panic erupted among Christmas shopping crowds on London’s Oxford Street…

Trump takes a pass on Time honour

US President Donald Trump has claimed he “took a pass” after being told he would likely be Time magazine’s Person of the Year again. “Time Magazine called to say that I was PROBABLY going to be named “Man (Person) of the Year,” like last year, but I would have to agree to an interview and…

Queenslanders heading to the polls

Three million Queenslanders are heading to the polls to decide who will lead the next state government. After 28 days on the hustings, Premier Annastacia Palaszczuk and Liberal National Party leader Tim Nicholls will join the battlers, city slickers and undecided in the fight for their political lives. But it could be days before a…

EU’s Vestager, the Dane who is Google’s bane

If the critics of Silicon Valley needed a leader, many would turn to Denmark’s Margrethe Vestager, the EU’s top anti-trust regulator.Around the world, authorities and governments now look to the elegant Dane who in June slapped Google with a record 2.4-billion-euro fine for illegally favouring its shopping service in search results. Google hit back on Monday,…

Big banks drag Aust market lower

The Australian share market has closed lower as the battle between the Turnbull government and the big banks over a proposed $6.2 billion levy on Australia\’s five biggest financial institutions continues to weigh upon investor sentiment towards the financial sector. At 1615 AEST, the benchmark S&P/ASX200 was down 64.5 points, or 1.1 per cent, at…