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The year that was – 2011


There will be news  and then there will be more news , but every new year brings a new flavour of news and  this year it was a mix of upbeat and downbeat for economy, stock market  and Politics. Here’s what everybody was talking or reading about in 2011 in Australia.

The 2011 Business Year in review

Happy New Year 2011_

 The boat Tragedy of Christmas island – On December, 15th  2010, a boat carrying around 90 asylum seekers, mostly from Iraq and Iran, sank off the coast of Christmas Island, an Australian territory in the Indian ocean. For a period of about one hour, the unpowered boat was washed back and forth as backwash water pushed it away from the cliff and finally the boat broke Killing and injuring many.

The Queensland floodsFloodwaters rushed through much of Queensland in December 2010 and January 2011

queensland floods australia

The Malaysian Asylum swap deal  – The Australian  High Court declared the Federal Government’s so-called Malaysia solution invalid, leaving the Federal Government’s refugee policy in tatters.

Overseas Student murder,India Media and threat to billion dollar education industry .A  Indian  student murder leads to press in India labelling it a race murder  and dwindling of student admissions.

Pic: ref thevine.co.au

Online shopping in Australia and Brick and mortar shops..Online retailers who have not joined the new online shopping revolution whinge about online retailers getting GST tax benefit

The tsunami in japan – A magnitude 9.0 earthquake hit off the coast of Japan, near the city of Sendai and followed with a tsunami wrecking havoc in japan and then also triggered the worst nuclear disaster sine Chernobyl, causing a nuclear meltdown at the Fukushima nuclear power plant.

Tsunami japan 2011 News review

Europe crisis and  US stock market volatility

Subdued Real estate sector and when it will  be up again. The Global Real Estate Trends report stated the warning of “further slowing in sales and price appreciation in 2011” which has come true.

The china Real estate bubble In China, house prices throughout the country have fallen as  strict government policies aimed at cooling the property market start to take effect, prompting fears from many analysts that the china house price bubble is bursting.

The Arab uprisings – A revolution took place across the Arab world in early 2011, with hordes of protesters taking to the streets in Tunisia and Egypt, then later in Libya, Bahrain &  Iran.

syria_protests_arab_revolution spring

The Christchurch earthquake – A 6.3-magnitude earthquake hit New Zealand’s at 12:51pm on February 22, creating havoc and killing many people in central Christchurch  and Canterbury

The riots in londonBetween 6 and 10 August 2011, several London boroughs and districts of cities and towns across England suffered widespread rioting, looting and arson.

riots in london 2011

I also came across a interesting post  ( year 2011, according to Thomas Edison in 1911 ) .check o it out

Some of our other popular Blog posts in 2011

Are Australian Wineries in trouble ?
Mining rivals Mongolia & South Africa increase mining projects
Royal wedding cartwheels by Holy man
Wrap up – Diggers & Dealers 2011 Conference

The year that was – 2011  



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About the author

I am not myself in any degree ashamed of having changed my opinions. Be the change that you wish to see in the world and contribute your 2 cents to us , just like i did .I write articles as my hobby and interest ..how about you :)



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