Australia's premier business lobby group is confident of working with the newly-elected Labor Government, despite bankrolling an anti-union advertising campaign.

TREASURY chief Ken Henry was expected to warn incoming treasurer Wayne Swan that the danger of inflation is more severe than stated in the budget update issued at the start of the election campaign.

The following substantial shareholder notices were made to the Australian Stock Exchange (ASX) on Friday.

Western Australia's peak business lobby is seeking assurances from the Prime Minister-elect Kevin Rudd that he will pay proper attention to the state's economy.

The change of government is expected to be well received on the Australian sharemarket, with strong gains predicted when trading begins later this morning.

ROME'S parking chief has been sacked for parking his car in a no parking zone and displaying a handicapped permit belonging to an 86-year-old woman.

Kirby accuses Anglican, Catholic archbishops 'No interaction' in NSW court Hopes his sexuality 'not an issue'

A MAN was shot dead in front of his family home after confronting a neighbour once too often to demand he turn the music down.

THE new Labor government will have to demonstrate its economic conservatism fairly swiftly to rein in the booming economy it has inherited.

JETSTAR will step up the battle for market share against newcomer Tiger Airlines by flooding its chief and high yield Gold Coast market with extra seats.

TAIPEI (AFP) - Taiwan's government said Sunday it would stop boycotting the appointment of a Chinese judge to the World Trade Organisation's top court if its fears of possible bias by the Asian giant were addressed.

GURGAON, INDIA (AFP) - A decade ago, Gurgaon on the outskirts of the Indian capital was little more than scrubland and a few isolated housing developments.

WELLINGTON, Nov 26 (Reuters) - The Australian dollar jumped nearly one percent in early trade on Monday, boosted by a strong performance on Wall Street and following a decisive outcome at the weekend's general elections. Analysts said while a victory

THREE Indonesian families rescued in the Timor Sea and delivered to Immigration officials on Christmas Island yesterday have a rightful claim to asylum if their debts through illegal fishing have placed them in danger, human rights lawyer Julian Burnside QC

BUSINESS in Australia has welcomed the election of a Rudd Labor Government as a new chance for significant reform, particularly in improving the dysfunctional condition of federal-state relations.

RIO Tinto chief executive Tom Albanese is set to talk up the prospects for a slew of growth projects as he pressures BHP to lift its $171 billion merger bid.

THE Australian sharemarket is expected to give the new Labor Federal Government a warm reception today with analysts tipping strong gains to herald a new political era.

THE gold price in Australian dollars hit an all-time high, closing at more than $940 per ounce, after the price in US dollars rose on and the Aussie dollar eased.

FORMER British Airways chief Rod Eddington could be a key player in Kevin Rudd's plans, having been asked to lead an advisory panel of industry leaders.

THREE teenagers have been charged with murder after the death of a man south of Sydney, police say.