Governments failing on road safety, says AAA

Detailed analysis by Australia’s peak motoring body shows that nearly 90 percent of the targets in the 2011 National Road Safety Strategy will not be met. This is because governments are failing to fulfill the commitments made, according to the analysis. The findings are contained in the report Benchmarking the Performance of the National Road […]

S&P vows vigorous defence against councils’ ‘lawsuit is without merit’

By Julian Bajkowski Global financial ratings agency Standard & Poors has vowed to fight fresh legal action against it to recover millions of dollars lost by dozens of Australian councils after the local governments bought into junk, sub-prime instruments graded by the firm as AAA and AA quality investment products. The confirmation by S&P that […]

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