Tuesday 26th November 1996
Search news archive by day | Search archive by text (NB - News Index) |
Definitive Guide to Aussie webs | Global Web Builders Gold |
The Kid's Locker Room | World Wide Websters |
Excuse my skepticism but it sounds very like the promise by the Australian Prime Minister Bob Hawke in the 80s that no Australian child would live in poverty by 1990.... a goal that has gone dramatically backwards since then, but bought him a new term in office.
Getting back to APEC, the 18 leaders agreed to back the push by Bill Clinton for virtually zero tariffs in the information technology area by the year 2000 and to identify other areas from which protection should be removed by next year.
Australian Prime Minister John Howard hailed the Subic Bay Summit as an unequivocal success saying that he had used it to stress that despite the change of government, there was no lessening of Australia's "whole-hearted and full and vigorous commitment to the Asia Pacific Economic Co-operation forum's goals".
President Ramos of the Philippines, who is hosting APEC, said, "We recognise that the strength of APEC is derived from its diversity and that we are bound by a shared vision of community.
"This deepening the spirit of the community in accordance with the APEC approach is critical in exerting a positive influence on the region and on the world. This vision of community requires that all sectors of society develop a stake in the success of APEC."
Costello conceded that other areas were being affected by the high dollar which made their exports less attractive for their overseas clients. He cited the manufacturing industry as one of those continuing to experience difficulties.
The Australian Bureau of Statistics came up with the figures showing that investment expectations had jumped 7.8% on June quarter figures and were currently running at 19% above the investment being made 12 months ago.
The Government was predicting that the economy would grow by 3.5% this year, a figure which the opposition claim will increase unemployment in Australia.
In this latest tournament she won by 4 strokes... not bad for a young girl from the backwater of Queensland - a little sugar town called Ayr.
Good on ya Karrie...
Return to Australian National News of the Day