Australia rate risk grows as house prices jump and IMF chimes in
SYDNEY (Reuters) – Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices rebounding to near record highs …
Australia
IMF staff recommends further tightening of monetary policy in Australia
SYDNEY (Reuters) – The staff of the International Monetary Fund on Wednesday recommended Australia’s central bank further tighten monetary policy in order to bring inflation …
Australia LNG workers vote in support for Chevron deal
(Reuters) – An Australian union alliance’s members voted in support to endorse deals on pay and conditions at Chevron’s two liquefied natural gas (LNG) facilities …
BHP Australia iron ore rail workers approve industrial action plans -ballot results
SYDNEY (Reuters) – Nearly 350 BHP iron ore rail workers in Australia, including train drivers, have approved industrial action plans that could include work stoppages …
Commonwealth Bank of Australia raises $794 million worth of debt
(Reuters) – Commonwealth Bank of Australia on Wednesday announced the issuance of A$1.25 billion ($794.38 million) worth of subordinated notes. The issue of subordinated securities …
Australia central bank sees risks on inflation, will not hesitate on rates
SYDNEY (Reuters) – Australia’s top central banker on Tuesday warned there were risks inflation would prove more stubborn than expected and that interest rates might …
Farm groups call on Australia to not sign ‘dud’ trade deal with EU
CANBERRA (Reuters) – Australian farm industry groups on Monday called on the government to not sign a trade deal with the European Union unless it …
Australia antitrust watchdog to oversee domestic air travel sector
SYDNEY (Reuters) – Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by …
Australia central bank sees challenging economy, inflation risks
SYDNEY (Reuters) – The head of Australia’s central bank on Wednesday said the domestic economy was in a “challenging” situation with consumption slowing but inflation …
Australia central bank sees possible cost savings in tokenisation
SYDNEY (Reuters) – Australia’s central bank on Monday said tokenised money could help save billions of dollars in costs in domestic financial markets, as it …
Bain Capital delays Virgin Australia listing until next year – source
SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with …
Commonwealth Bank of Australia cuts 192 back-office jobs, says trade union
(Reuters) – Australia’s biggest lender Commonwealth Bank of Australia will cut 192 jobs from its back office operations in Sydney, Melbourne and Perth, including some …
Australia PM ‘optimistic’ of long-shot win in Indigenous rights referendum
SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese said on Sunday he remained hopeful a referendum to recognise the country’s Indigenous people in the constitution …
Australia PM votes in struggling referendum on Indigenous rights
SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese voted on Saturday in a referendum to recognise the country’s Indigenous people in the constitution, a week …
Light plane crashes in rural Australia, four killed
Sydney (Reuters) – A light plane crashed in a rural area of Australia’s New South Wales state on Friday, killing the male pilot and three …
Australia to crack down on ‘significant abuse’ of immigration system
By Alasdair Pal SYDNEY (Reuters) – Australia will address significant abuses of its visa system, the government said on Thursday, in a bid to crack …
Australia Indigenous referendum opposition led by older, rural voters -poll
By Lewis Jackson SYDNEY (Reuters) – An Australian constitutional referendum on Indigenous recognition is on track to be defeated amid strong opposition from older voters …
Spotify Premium to include free access to audiobooks in UK, Australia
(Reuters) – Spotify said on Tuesday that users of its premium services in the UK and Australia would now have 15 hours of free access …
Australia PM rallies support for Indigenous referendum as early voting starts
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Monday he would focus on having one-on-one conversations with Australians to rally support for the …
Man dies in Australia after whale collides with boat
SYDNEY (Reuters) – One man died and another was in hospital on Saturday in Australia after a whale struck and flipped their boat during a …
Australia says exports of hay to China will resume
CANBERRA (Reuters) – The Australian government said on Thursday that China was removing barriers to imports of hay from Australia, the latest step towards normalising …
Australia job vacancies tumble from record levels in latest quarter
By Stella Qiu SYDNEY (Reuters) – Job vacancies in Australia slid from record levels in the three months to August, adding to signs that the …
Australia Aug retail sales post tepid rise, add to rate pause case
By Stella Qiu SYDNEY (Reuters) – Australian retail sales rose modestly in August as consumers continued to cut back on spending in the face of …
PwC Australia flags governance overhaul following tax leak scandal
By Lewis Jackson SYDNEY (Reuters) – PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul …
Polls show Australia Indigenous referendum support slipping, likely to fail
By Renju Jose SYDNEY (Reuters) – Support for a referendum to constitutionally recognise Australia’s Indigenous people slipped further, with the landmark proposal set to fail …
Australia govt aims for sustainable, inclusive full employment
SYDNEY (Reuters) – Australia will aim for sustained and inclusive full employment to guide future economic policy, the government will announce on Monday, in a …
Rupert Murdoch’s exit ends chapter for polarising figure in his native Australia
By Byron Kaye SYDNEY (Reuters) – For some Australians, Rupert Murdoch’s exit from the leadership of his media empire was a time to reflect on …
Rupert Murdoch’s 70-year career from Australia to global media mogul
(Reuters) – Rupert Murdoch has stepped down as the chairman of Fox and News Corp, ending a seven-decade career that began from his father’s Australian …
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
By Lewis Jackson SYDNEY (Reuters) -The dispute between Chevron and workers at its two liquefied natural facilities (LNG) in Australia will be heard by the …
Australia Indigenous referendum set to fail as support dips, poll shows
SYDNEY (Reuters) – Support for the inclusion of an Indigenous advisory panel in Australia’s constitution has dipped further, a poll showed on Monday, putting the …
Australia says Qatar strip-searches of women in 2020 a factor in blocking extra flights
SYDNEY (Reuters) – Australia said a strip-search of women at Qatar’s main airport in 2020 played a part in its decision this year to stop …
Australia economy gets a boost from visitors, infrastructure splurge
By Wayne Cole SYDNEY (Reuters) – Australia’s export volumes jumped in the June quarter as foreign visitors swarmed the country, data showed on Tuesday, offsetting …
Australia Aug ANZ-Indeed jobs ads jump most in over an year
SYDNEY (Reuters) – Australian job advertisements for August jumped the most in over a year, suggesting some resilience in labour demand despite decade-high interest rates …
PwC Australia flags revenue hole, partner profit cut due to tax scandal legacy
By Lewis Jackson SYDNEY (Reuters) – PwC Australia on Friday said the spin-off of its government consulting business and other costs from a tax scandal …
Australia home prices rise 6th straight month as recovery gets entrenched -CoreLogic
By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose in August for a sixth straight month as a jump in new listings was absorbed …
Australia Q2 business investment hits highest in 7-1/2 years
By Wayne Cole SYDNEY (Reuters) – Australian business investment climbed to its highest since late 2015 in the June quarter as firms took advantage of …
Australia, EU to resume talks on free trade deal on Thursday
By Kirsty Needham SYDNEY (Reuters) – Australia and the European Union will resume free trade talks on Thursday with a teleconference between Australia’s Trade Minister …
Australia sets October date for historic vote on Indigenous recognition
By Praveen Menon SYDNEY (Reuters) -Australians will vote on October 14 on whether they want to change the constitution to recognise Aboriginal and Torres Strait …
Eight US Marines Remain Hospitalized After Deadly Crash During Training In Australia
Eight US Marines Remain Hospitalized After Deadly Crash During Training In Australia Micaela Burrow on August 28, 2023 Eight U.S. Marines remain in the hospital …
Australia retail sales rebound after fall, annual rate slows further
SYDNEY (Reuters) – Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that …
Military Aircraft Crashes In Australia, Kills 3 Marines And Injures 20 Others
Military Aircraft Crashes In Australia, Kills 3 Marines And Injures 20 Others Micaela Burrow on August 27, 2023 Three U.S. Marines died in an aircraft …
Australia wants EU investment in critical minerals, but first a free trade agreement
By Lewis Jackson and Kirsty Needham SYDNEY (Reuters) – Australia’s Trade Minister Don Farrell has dangled easier access to the country’s vast critical minerals sector …
Australia hurt by inflation but unlikely to enter recession – NAB CEO
SYDNEY (Reuters) – Australian inflation over the past year-and-a-half was the worst in three decades but the country is still unlikely to experience a recession, …
Australia economy to slow, govt spending to rise as population ages-report
SYDNEY (Reuters) – Australia faces decades of slower economic growth as its population gets older which will pressure the budget and lift national debt, a …
Australia to unveil Indigenous referendum voting date next week
SYDNEY (Reuters) – The Australian government said it would announce the voting date for a landmark referendum to constitutionally recognise the country’s Indigenous people next …
Analysis-Lithium buyers eye cheaper early-stage deals in Australia
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash …
Slower growth ahead for Australia as population ages
By Lewis Jackson SYDNEY (Reuters) – Australia’s economy is projected to grow more slowly over the next 40 years as an aging population and slower …
Australia to buy U.S. Tomahawk missiles to boost long-range strike capability
By Renju Jose SYDNEY (Reuters) – Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a …
US State Dept OKs potential sale to Australia of HIMARS for $975 million – Pentagon
WASHINGTON (Reuters) – The U.S. State Department has approved a possible sale to Australia of M142 High Mobility Artillery Rocket Systems (HIMARS) for $975 million, …
Australia July jobs take a surprise fall as market loosens
By Wayne Cole SYDNEY (Reuters) -Australia employment unexpectedly fell in July to end two months of very strong growth, while the jobless rate ticked higher …