No RBA rate cut expected this month

THE Reserve Bank of Australia is widely expected to keep the cash rate unchanged when its board meets on Tuesday. All 13 economists surveyed by AAP said the central would not reduce the cash rate from its current level of three per cent. HSBC...

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Bruce 'ignored' as Gillard goes west

The Newman Government has accused Prime Minister Julia Gillard of ignoring much-needed work to Queensland's major highway. Source: The Courier-Mail THE Newman Government has accused Julia Gillard of ignoring the Bruce Highway after she offered...

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Fake bishop tries to sneak into Vatican

AN Italian man dressed up in fake ecclesiastical robes has been escorted out of a meeting of Catholic cardinals by Swiss Guards after trying to sneak into the closed-door Vatican meeting. The man told reporters his name was "Basilius" and he...

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US stocks slip after launch of budget cuts

US stocks have opened modestly lower as traders remained cautious after Washington moved into austerity mode with the launch of the steep sequester spending cuts. Ten minutes into trade on Monday, the Dow Jones Industrial Average was down 40.63...

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Frostbitten explorer Fiennes back home

BRITISH explorer Ranulph Fiennes showed off a heavily bandaged hand as he returned home following his evacuation from Antarctica with severe frostbite, and vowed to help the team he left out there. The 68-year-old said it was "extremely frustrating"...

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Slim, Gates, Ortega are world's richest

MEXICAN tycoon Carlos Slim, Microsoft's Bill Gates and Zara fashion house boss Amancio Ortega of Spain have topped the Forbes list of the world's wealthiest billionaires. Gina Rinehart is the highest-ranked Australian, coming in at number 36 with...

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New York car crash 'miracle baby' dies

A NEW York baby who was safely delivered after a car accident that killed his parents has also died, police say. The baby was dubbed a "miracle" in the US media when he survived an emergency C-section delivery after his parents, Orthodox Jews...

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