Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

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Australian Budget for 2006-2007 released

Tuesday, May 9, 2006The Australian Budget (Appropriation Bill No. 1) for 2006-2007 was released by the Australian Liberal Party–Australian National Party coalition government treasurer, Peter Costello (Higgins, Liberal). Costello noted the resilience of the economy against natural disasters and terrorism, and through “disciplined and prudent management” the Government was able to “repay Labor’s debt” of […]

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UK policeman killed while training

Monday, June 9, 2008 A policeman from the United Kingdom was killed today while taking part in a training exercise with his police force, in the city of Manchester. The policeman died as a result of a shot to the chest. The incident occurred at approximately 10:30 UTC (11:30 local time) this morning. Greater Manchester […]

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Apple introduces iPhone and Apple TV

Wednesday, January 10, 2007 Apple Inc. today has introduced the much-anticipated iPhone at the Macworld Conference in San Francisco. The iPhone is claimed to be “a revolutionary mobile phone” as stated on the Apple website. The device appears to be running a mobile version of the Apple operating system Mac OSX. It is approximately the […]

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Computer giants attack Aussie CSIRO’s WLAN patent

Friday, May 20, 2005 Six of the world’s largest computer companies are seeking to have a patent held by the Australian Government’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) revoked. Microsoft, Dell, Hewlett Packard, Intel, Apple and Netgear are taking legal action against the CSIRO to have its U.S. patent broken. In 1996, the CSIRO […]

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