Archive for November, 2008


Equal Pay for Skilled Migrants in Australia

A review of terms for Australia’s 457 visa has recommended migrant workers get the same pay and conditions as Australian workers and urges employers to cover their insurance and health care costs.

Australia Gets Another Large Interest Rate Cut

Australia’s Reserve Bank has announced another sharp interest rate cut, from 6 percent to 5.25 percent, the lowest rate since December 2003. Today’s cut brings to 2 percentage points the total interest rate cuts since the bank started cutting rates.