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Qld seats set to change hands in election

QUEENSLAND SEATS TO CHANGE HANDS ASPLEY – Liberal National Party’s Tracy Davis has lost to Labor’s Bart Mellish on Greens’ preferences. BUDERIM – One Nation state leader and LNP defector Steve Dickson loses to LNP’s Brent Mickelberg. BURDEKIN* – The LNP’s Dale Last in a tight contest with Labor’s Mike Brunker as both sides sweat…

State of play after Queensland election

STATE OF PLAY IN QUEENSLAND’S PARLIAMENT – Premier: Annastacia Palaszczuk (Labor) Opposition Leader: Tim Nicholls (LNP) – Parliament 93 seats: Labor – 43; Liberal National Party – 35; Katter’s Australian Party – 2; One Nation – 0; Independent – 1; Undecided – 12 Predictions: Labor 47, LNP 41, KAP 3, One Nation 1, Independents 2….

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…

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…

Weak wages prevail in limp jobs market

Wages growth in Australia has come in at a weak 0.5 per cent for the March quarter – in line with expectations but still at levels showing any increases in size for the nation’s paypackets are “stuck in the doldrums”. Total hourly rates of pay, excluding bonuses, rose by 0.5 per cent in the March…