Australia

SYDNEY (Reuters) – Australia’s improved fiscal outcomes from a strong economy and high commodity prices underpin its AAA sovereign rating, S&P Global said on Tuesday, after the new labour government …

(Reuters) -Australia’s competition regulator has begun court proceedings against Fitbit LLC for allegedly making false or misleading claims to consumers about their guarantee rights on faulty devices, it said on …

SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer Jim …

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By Wayne Cole SYDNEY (Reuters) -Australia’s Labor government will launch its first budget next week with warnings about global recession and tough spending choices at home, while still meeting the …

By Praveen Menon SYDNEY (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, said it is factoring in the potential for a global recession and was …

By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost cooperation on climate investment, financing and technology. Singapore Prime Minister Lee …

By Jill Gralow SYDNEY (Reuters) – Australian Hanabeth Luke remembers like yesterday crawling through burning rubble and thick acrid black smoke after a bomb exploded at a nightclub in Indonesia’s …

By Byron Kaye SYDNEY (Reuters) – A union representing Australian employees of iPhone maker Apple Inc voted to strike due to lack of progress on wage negotiations, a union official …

SYDNEY (Reuters) – Australia on Thursday proposed an overhaul of consumer privacy rules that will help facilitate targeted data sharing between telecommunication firms and banks following a massive data breach …

LONDON (Reuters) – Major central banks are determined to clamp down on red-hot inflation, with Australia and New Zealand delivering further interest rate hikes this week. A smaller-than-anticipated rate hike …

(Reuters) – The Australian Federal Court has dismissed a petition by the country’s corporate regulator against Commonwealth Bank of Australia and its pension unit on allegations of improperly collecting commissions, …

SYDNEY (Reuters) – Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licences of millions of customers whose personal information was stolen in one of …

SYDNEY (Reuters) – Job vacancies in Australia eased from all-time highs in the August quarter as positions were filled in the private sector, but openings remained more than double pre-pandemic …

By Sonali Paul MELBOURNE (Reuters) – Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting interest from the likes of …

SYDNEY (Reuters) – The Australian and New Zealand dollars hit fresh multi-year lows on Monday as traders, already gripped by growth fears and rate hikes, piled into the safe-haven greenback …

SYDNEY/WELLINGTON (Reuters) – Australia and New Zealand condemned Russian President Vladimir Putin’s escalation of the war in Ukraine, saying his threats to use nuclear weapons to defend Russia were “unthinkable” …

SYDNEY (Reuters) – Australia will not ban Russian tourists from entering the country as part of sanctions on Russia over the war in Ukraine, Defence Minister Richard Marles said on …

By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is tracking above 2019 levels because of high illness rates …

By Wayne Cole SYDNEY (Reuters) – Australia’s current account surplus widened sharply in the June quarter as resource exports were boosted by both prices and volumes, making a sizable contribution …

SYDNEY (Reuters) – Australian government spending edged up 0.5% in the June quarter as consumption paused after a very strong first quarter, making a minor contribution to economic growth. Spending …

By Vivek Mishra BENGALURU (Reuters) – Australian house prices will fall sharply this year and next as rising mortgage rates and cost of living pressures drag on demand, a Reuters …