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Kevin Rudd


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Australia guarantees bank deposits - Summary

Sydney - Australia on Sunday joined New Zealand as the last of the two developed countries to guarantee bank deposits. Prime Minister Kevin Rudd fell into line after previously arguing that local banks had the resilience to withstand any runs on them...

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Australia to guarantee bank deposits for three years

CANBERRA (Reuters) - Australia will guarantee all bank deposits for three years and will also guarantee wholesale funding to Australian banks in an attempt to combat the global credit crisis, Australian Prime Minister Kevin Rudd said on Sunday.

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GIVING THE PEOPLE WHAT THEY WANT

Bob Brown reckons the government must do more to fight climate change because that's what the people want: "I would say to Kevin Rudd, listen to the people of Australia," he said. "I think you'll find more ecological wisdom in our average primary school than you'll find round your Cabinet table." Brown is just slightly out of touch : A new survey suggests the commitment of Australians to tackling climate...

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Sir? It’s that Australian guy ringing again

There’s something about talking to famous people - especially foreign leaders - that really, truly excites Kevin Rudd. His…

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Rudd plan to protect cash

THE Federal Government is poised to raise the level at which it guarantees consumer bank deposits after Kevin Rudd held a crisis meeting in Canberra.

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Rudd agrees to secure cash

PRIME Minister Kevin Rudd and key ministers yesterday resolved to raise the $20,000 limit at which bank deposits are protected by the Federal Government.

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Fewer Skilled Migrants For Australia

Australia's Prime Minister Kevin Rudd has indicated there may be cuts to the country's skilled immigration program next year. There are 190,300 places in this year's migration program, up almost 20 percent on 2007.

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Who’s minding Rudd’s office?

In June, the worry was still only that his secretaries didn’t want to work for the insufferable Kevin Rudd: The Sydney Morning Herald believes…

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No falling-out as Rudd and chief of staff part company

KEVIN RUDD and his chief of staff, David Epstein, have parted company, resulting in the promotion of a 29-year-old to the Prime Minister's most senior adviser.

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You can bank on us, says PM

KEVIN RUDD has been forced to reassure consumers that their bank savings are sound as the Opposition demanded the Government underwrite every account containing up to $100,000 in case a bank collapses.

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Labor pushed from its populist path

THE Prime Minister's VIP jet is a tight squeeze at the best of times. Kevin Rudd has a small work table in the main cabin with two sets of passenger seats on either side of it. A narrow aisle leads to two other passenger seats within hearing distance of the table.

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Australian PM's chief of staff quits

Australian Prime Minister Kevin Rudd's chief of staff David Epstein quit his job on Friday and he will be replaced by Alister Jordan, said a close adviser to Rudd. Epstein announced his resignation following weeks of rumors the political veteran was set to resign. He became chief of staff for Rudd in opposition in May 2007. Jordan, 29, has been with Rudd since his days as opposition foreign affairs...

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Australian PM says bank savings safe

Australian bank deposits will be protected during the global financial crisis, Prime Minister Kevin Rudd said on Friday. The Australian Prudential Regulatory Authority (APRA), which supervises deposit taking institutions, would ensure bank balance sheets were in good condition, Australian Associated Press quoted the prime minister as saying in Sydney. "We are different to banks around the world, our...

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The Costa Diaries

Michael Costa has taken a leaf out of Mark Latham’s book… Forced out of office and Parliament? Write op/eds attacking your former party! LISTENING to Kevin Rudd at Council of Australian Governments meetings as he tried to connect the global economic situation to the more mundane items on the national reform agenda was often excruciating. Anybody with a rudimentary understanding of economics would have...

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Pension plan 'in next Budget'

THE Federal Government will finalise planned changes to the aged pension by the May Budget, Prime Minister Kevin Rudd says.