Australia will hold general elections on August 21, said Prime Minister Julia Gillard. Gillard, Australia’s first woman prime minister, said the election would be running “tight”. The ruling party, the Labour Party chose she as leader three weeks ago after Gillard predecessor rid Kevin Rudd. The competition between Labour and the opposition conservative Liberal Party is expected to focus on economic... 

New Australian Prime Minister Julia Gillard announced the new cabinet changes. This announcement shows a small change in the cabinet left by the former Prime Minister Kevin Rudd. Deputy Prime Minister Wayne Swan continues to be the Treasury Minister, and Martin Ferguson continues to occupy his post as Minister for Mineral Resources. Both will continue their role to negotiate with mining entrepreneurs, in respect of taxes...