Word: australia
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Howard, who governed Australia from 1996 to 2007, surrendered the top post after losing his re-election bid last November...
Howard’s lecture covered a range of topics, with a focus on politics and trade between the three countries, including both the relationship Australia has been developing with China in the past 15 years and the “old, deep, and rich” partnership between Australia and the United States...
Howard also defended Australian nuclear policy, saying that Australia was “keen to supply uranium to China” and that adequate safeguards exist to guarantee that any fissile material China purchased would be for “non-military...
...regulatory perspective, in the bid's favor is that CMH doesn't fully own anything. Rather, it's a holding company for a cluster of minority stakes, including 25% of pay-TV operator Foxtel, 50% of Fox Sports and 25% of PBL Media, the private-equity vehicle that owns Australia's free-to-air Nine Network. This mixed bag of holdings leads Chenoweth to suspect that Murdoch and Packer are planning "a second transaction that they haven't yet disclosed" - a deal that would turn piecemeal investments into controlling stakes...
...scions' friendship has thrived despite some searching tests. They were opposing generals in Australia's rugby-league war of the mid-'90s. While Murdoch was recruiting players to join News Ltd.'s rebel competition known as the Super League, Packer was trying to keep them loyal to the 90-year-old Australian Rugby League. (The parties eventually compromised.) In 2001, while Packer and Murdoch were executives in their fathers' companies, they jointly invested in One.Tel, a deal that cost both companies a total of about $500 million when the cut-price mobile-phone company collapsed. Packer encouraged Murdoch's involvement...