Kmart: Officially Dead in America, but Thriving in Australia and New Zealand
While Kmart in the U.S. is now a shadow of its former self—so much so that many consider it officially dead—the Kmart story in Australia … Read more
Australia
Rhode Island Man Admits to Shipping Fentanyl to Australia
Felix Suarez, 25, pleaded guilty to conspiracy to distribute and to possess with intent to distribute fentanyl; two counts of attempt to distribute a controlled … Read more
X vows to ‘robustly challenge’ Australia order to remove stabbing posts
SYDNEY (Reuters) – Social media platform X said on Saturday it would challenge in court an order from an Australian regulator demanding the company remove … Read more
Missiles, drones and warships the priority as Australia plans $32 billion defence boost
By Lewis Jackson SYDNEY (Reuters) – Australia will boost defence spending by A$50.3 billion ($32 billion) over the next decade and reshuffle its weapons programs … Read more
Factbox-A history of violent crimes in Australia
By Praveen Menon SYDNEY (Reuters) – An attacker who fatally knifed six people in a Sydney mall on Saturday before being shot dead by police … Read more
US, Japan, Australia and Philippines to hold South China Sea exercises
By Neil Jerome Morales MANILA (Reuters) -Defence forces of the U.S., Japan, Australia and the Philippines will conduct “maritime cooperative activity” on April 7 to … Read more
Ex-Marine facing extradition in Australia says wasn’t US citizen at time of offence
By Kirsty Needham SYDNEY (Reuters) – A former U.S. Marine Corps pilot facing extradition to the United States from Australia will argue he was no … Read more
Australia, Britain call out China for Hong Kong, South China Sea and Russia support
By Alasdair Pal SYDNEY (Reuters) -Australia and Britain criticised China on Friday for its actions in Hong Kong, the South China Sea and its support … Read more
Australia defends its US ambassador, Kevin Rudd, after Trump attack
SYDNEY (Reuters) – Australia’s government backed its ambassador to Washington, the former prime minister Kevin Rudd, after U.S. presidential contender Donald Trump called the key … Read more
AUKUS submarine base protests in Australia highlight challenges for security pact
By Lewis Jackson CANBERRA (Reuters) – Fierce resistance mounted by Australian unions against plans for a new submarine base shows the challenge facing the high-stakes … Read more
Chinese man arrested in Australia faces extradition to US in North Korea smuggling case
SYDNEY (Reuters) – A Chinese man arrested in Australia is awaiting extradition to the United States for alleged involvement in a North Korean scheme to … Read more
US ‘very confident’ Australia and Britain will be eligible for AUKUS exemptions
By David Brunnstrom WASHINGTON (Reuters) – The top U.S. official for arms control said on Wednesday she is “very confident” the United States will certify … Read more
Australia regulator scrutinises pension funds over unlisted asset pricing
By Lewis Jackson SYDNEY (Reuters) – Australia’s prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund … Read more
Australia launches competition, pricing review into supermarket sector
By Lewis Jackson SYDNEY (Reuters) – Australia on Thursday launched a wide-ranging review into pricing and competition in its supermarket sector as the government unveils … Read more
Australia names media exec Kim Williams chair of national broadcaster ABC
SYDNEY (Reuters) – The Australian government on Wednesday named longstanding media executive Kim Williams the next chairperson of the country’s national broadcaster, the Australian Broadcasting … Read more
Australia, US, UK sanction Russian hacker over Medibank breach
By Renju Jose SYDNEY (Reuters) -Australia, the United States and Britain on Tuesday imposed cyber sanctions on a Russian man for his role in the … Read more
Australia set to harvest bigger crops after rains defy El Nino
By Peter Hobson CANBERRA (Reuters) – Australia is poised to produce much more wheat and other crops this year than previously thought after rainfall confounded … Read more
Australia Dec business conditions ease, price pressures cool
SYDNEY (Reuters) – Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures … Read more
China’s Country Garden nears full exit from Australia with residential project sale
By Lewis Jackson SYDNEY (Reuters) – Indebted Chinese developer Country Garden has agreed to sell a stake in an Australian residential project, the latest in … Read more
Australia jobs engine slows as labour market loosens
By Stella Qiu SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate stayed at … Read more
Australia employment dives 65,100 in Dec, jobless steady
SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate held steady as fewer people … Read more
Residents in Western Australia urged to flee as wildfire rages
SYDNEY (Reuters) – Residents in the state of Western Australia were urged to evacuate their homes on Saturday, as a bushfire burned out of control … Read more
Australia job vacancies dip in Nov qtr, labour still in demand
SYDNEY (Reuters) – Job vacancies in Australia fell only slightly in the three months to end-November, suggesting demand for workers remained strong even if the … Read more
Australia struggles to ditch SUV habit even as electric vehicle sales hit record
By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however … Read more
Australia central bank considered hiking again in Dec, paused for more data
SYDNEY, Dec 19 (Reuters) – Australia’s central bank considered hiking interest rates for a second straight month in December, but decided there were enough encouraging … Read more
Australia swelters through heat wave as firefighters battle bushfires
SYDNEY (Reuters) -Large parts of Australia on Saturday sweltered under heat wave conditions that prompted the nation’s weather forecaster to issue bush fire warnings in … Read more
Australia central bank to get power to take over distressed clearing and settlement providers
By Lewis Jackson SYDNEY (Reuters) – Australia will give its central bank new powers to take over and if necessary, wind up, clearing and settlement … Read more
Australia tourist towns brace for floods in aftermath of cyclone Jasper
By Renju Jose SYDNEY (Reuters) – Residents of tourist towns in Australia’s northeast on Thursday braced for flash flooding after Tropical Cyclone Jasper tore through … Read more
Virgin Australia averts strikes with cabin crew pay deal
(Reuters) – Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of the busy end-of-year travel season, … Read more
Australia govt sees budget almost in balance for 2023/24
SYDNEY (Reuters) – Australia’s government expects a much improved budget bottom line this year as revenues outpace forecasts, but is resisting calls for more cost-of-living … Read more
Australia mid-year budget to flag spending curbs amid inflation risks
SYDNEY (Reuters) – Australia’s mid-year budget update will include about A$10 billion ($6.56 billion) in savings, official data showed on Tuesday, as the government looks … Read more
Australia business mood darkens as activity slows -survey
SYDNEY (Reuters) – Australian business confidence fell to its lowest since the pandemic in November as sales and profits softened, a survey showed on Tuesday, … Read more
McDonald’s Australia hit with class action over unpaid overtime
(Reuters) – An Australian workers union has filed a class action against McDonald’s local unit, alleging that the restaurant chain asked current and former employees … Read more
Australia ‘heartened’ as US Congress expected to pass AUKUS provisions
By Kirsty Needham SYDNEY (Reuters) – Australia’s government on Friday welcomed signs that a U.S. defense spending bill which would authorise the sale of nuclear … Read more
Italian road and airport operator Mundys explores India, Australia expansion
By Elisa Anzolin MILAN (Reuters) – Italian infrastructure group Mundys aims to strengthen its toll roads presence in the United States, Chile and Europe and … Read more
Australia government seeks opposition support on immigration detention legislation
By Renju Jose and Lewis Jackson SYDNEY (Reuters) -The Australian government on Wednesday urged the opposition to support legislation that would allow authorities to lock … Read more
Australia trade drags on Q3 growth, government spending a boost
By Wayne Cole SYDNEY (Reuters) – Australia’s current account slid into deficit in the September quarter as prices for some commodity exports fell and locals … Read more
Mining boosts Australia business investment to 8-year high, outlook upbeat
By Wayne Cole SYDNEY (Reuters) – Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while … Read more
Chinese official warns Australia on navy movements in East, South China Seas
By Kirsty Needham SYDNEY (Reuters) – China has urged Australia to notify it of navy movements in the contested South China Sea and East China … Read more
Australia Oct retail sales slip as consumers hold off for Black Friday sales
SYDNEY (Reuters) – Australian retail sales unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving … Read more
Virgin Australia adds Boeing MAX-8 aircraft as demand stays buoyant
(Reuters) – Airline operator Virgin Australia on Friday said it has added six Boeing MAX-8 aircraft to further expand its fleet and meet travel demand, … Read more
Safety of defence personnel ‘utmost priority’, Australia says after China warship incident
NEW DELHI (Reuters) – The safety and wellbeing of Australian defence personnel is Canberra’s “utmost priority” and Australia expects all countries to operate militaries in … Read more
Australia PM: Chinese navy incident that injured diver was ‘dangerous’
By Kirsty Needham SYDNEY (Reuters) -Australia’s Prime Minister Anthony Albanese said a Chinese warship acted in a dangerous manner during an incident with an Australian … Read more
Australia to introduce bills on petroleum duty, PwC scandal reform
By Lewis Jackson SYDNEY (Reuters) – Australia will on Thursday introduce two previously announced tax bills that will raise petroleum tax revenue and legislate the … Read more
Australia confident China will lift all trade blocks next month
SYDNEY (Reuters) – Australia said on Wednesday China could lift all its remaining trade blocks by next month as relations between the commodity trade partners … Read more
Australia sovereign wealth fund should be preserved, not spent -chair
By Lewis Jackson SYDNEY (Reuters) – Australia’s financial position will be more precarious and credit rating at risk should the government succumb to the temptation … Read more
Australia central bank sees risk of upside surprises to inflation in policy outlook
SYDNEY (Reuters) – Australia’s central bank on Friday warned there were risks of further upside surprises to inflation following its latest hike in interest rates, … Read more
Chaos as Optus outage disconnects half of Australia
By Byron Kaye SYDNEY (Reuters) – For one talkback radio caller, the first sign something was wrong with Australia’s second-largest internet provider, Optus, came when … Read more
Marketmind: Australia hikes but tempers its outlook
A look at the day ahead in European and global markets from Tom Westbrook: Bond markets have curbed a little of last week’s enthusiasm about … Read more
Private credit sees opportunity in Australia real estate as banks hesitate
By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing … Read more