The Federal Government has announced plans to implement a universal definition of flooding in a bid to avert future mass insurance disputes.

The plan comes as hundreds of Queenslanders have taken legal action against insurers who have refused payment on grounds on specific definitions of flooding.

The Federal Government has announced that future Australian Industry Capability Plans (AICPs) will for all major Defence acquisition projects will be made public.

The Federal Government has released the first round of issued bonds in an attempt provide cheaper, more stable and longer term funding for the country’s financial system. Treasurer Wayne Swan also said the reform was aimed at increasing credit availability.  

The Federal Government has announced the formation of the new Office of Learning and Teaching, which will be tasked with promoting excellence in learning and teaching in universities with funding of $50 million over four years for a Grants and Awards Program.

The Federal Government has announced that the new administrative body for the new carbon pricing mechanism, the Clean Energy Regulator, will begin operations from 2 April 2012.

The Federal Government has outlined a $2 billion package that will aim to deliver an ‘historic pay rise’ to 150,000 of Australia’s lowest paid workers in social and community services sector, the majority of which are women.

The Federal Government is poised to pass its plain packaging laws for cigarettes through Senate.

The Federal Government has released a consultation paper on the future arrangements for the allocation of funding to non-research Commonwealth support postgraduate places.

The latest employment figures show that around 10,000 positions were generated in October, down from 20,000 in September, but failing to make an impact on the official unemployment rate.

The Federal Government has announced the formation of the National Aboriginal and Torres Strait island Health Plan, aimed at closing the gap in life expectancy and infant mortality between Aboriginal and Torres Strait Island Australians and the broader population.

The Federal Government has successfully passed its carbon tax package through the Federal Upper House, with the legislation due to take effect in July, 2012.

The Federal Government has announced the opening of the $200 million Round Two of the Regional Development Australia Fund (RDAF).

The Federal Government has introduced legislation before parliament that, if passed, will see the superannution rate boosted by 3 per cent.

The Federal Government has introduced the controversial minerals resource rent tax (MRRT) llegislation before parliament, with Acting Prime Minister Wayne Swan describing the legislative package as ‘an historic reform’.

The Federal Government has announced it will be increasing its support, both domestically and internationally, for greater degrees of transparency in the mining and resources sector.

The Federal Opposition has confirmed it will not oppose the formation of the Federal Government’s Australian Renewable Energy Agency (ARENA).

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