Sydney - Investors were told Thursday they were unlikely to get any of the 100 million Australian dollars (94 million US dollars) they paid for shares in failed fuel-technology firm Firepower.
"Business in Australia is over, the company will in all probability, 99-per-cent probability, be wound up tomorrow," administrator Geoffrey McDonald told reporters.
McDonald was appointed to see if the company - infamous for marketing a pill that when popped in the petrol tank could make cars go farther and faster - could be saved.
Athens - An Australian tourist who was beaten by bouncers while on holiday on the Greek island of Mykonos died after doctors disconnected his life support system, officials said Friday.
Melbourne, July 31: Hard to believe, but true! Australia’s Prime Minister Kevin Rudd is a descendant of an 18th-century street urchin accused of "highway robbery" when she was 11 years old.
Canberra/Washington, July 30 : Australia’s Defence Minister Joel Fitzgibbon has said that his country is ready to offer military advisers to Pakistan to help train security forces to fight the Taliban and al Qaeda.
