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Australia

Australia regulator allows union to ballot workers for strike at Chevron LNG platform

August 14, 2023August 14, 2023
Australia regulator allows union to ballot workers for strike at chevron lng platform - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s labour regulator cleared the way for strike action at Chevron’s Wheatstone platform if workers vote in favour of such a step, …

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Court blocks PwC Australia from removing partner over tax leak scandal

August 11, 2023
Court blocks pwc australia from removing partner over tax leak scandal - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – PwC Australia’s attempt to remove a partner after an internal investigation into the leak of confidential government tax plans …

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Australia central bank says worst over for inflation as policy enters ‘calibration stage’

August 10, 2023August 10, 2023
Australia central bank says worst over for inflation as policy enters 'calibration stage' - photo licensed by shore news network.

SYDNEY (Reuters) – The head of Australia’s central bank on Friday said policy was in the “calibration stage” as the worst was over for inflation, …

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Explainer-Western Australia ditches Aboriginal heritage protection act

August 9, 2023August 9, 2023
Explainer-western australia ditches aboriginal heritage protection act - photo licensed by shore news network.

By Melanie Burton MELBOURNE (Reuters) – Western Australia state has scrapped new Aboriginal heritage protection laws after just five weeks because of opposition from landowners. …

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Australia sets climate target for aid programme, pledges more local jobs

August 7, 2023August 7, 2023
Australia sets climate target for aid programme, pledges more local jobs - photo licensed by shore news network.

By Kirsty Needham SYDNEY (Reuters) – Australia will put climate change and local jobs at the centre of its international aid programme, in a policy …

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Australia inquiry finds misconduct by prosecutor linked to parliament rape trial

August 7, 2023August 7, 2023
Australia inquiry finds misconduct by prosecutor linked to parliament rape trial - photo licensed by shore news network.

By Renju Jose SYDNEY (Reuters) – An Australian inquiry said in a report on Monday that it had found serious misconduct by a public prosecutor …

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Australia ANZ-Indeed jobs ads edge 0.4% higher in July

August 6, 2023
Australia anz-indeed jobs ads edge 0. 4% higher in july - photo licensed by shore news network.

SYDNEY (Reuters) – Australian job advertisements posted a small rise in July after an outsized decline in the previous month, data showed on Monday, but …

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US nuclear submarine visits Western Australia as allies increase defence preparedness

August 4, 2023

SYDNEY (Reuters) – A U.S. Navy nuclear submarine arrived in Western Australia on Friday as allies Canberra and Washington deepen defence ties and prepare to …

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Reserve Bank of Australia to deliver final rate hike in Q4, economists say : Reuters poll

August 3, 2023
Reserve bank of australia to deliver final rate hike in q4, economists say : reuters poll - photo licensed by shore news network.

By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will raise interest rates by 25 basis points next quarter in their last hike of the …

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Australia retail sales extend losing stretch to a third quarter

August 2, 2023
Australia retail sales extend losing stretch to a third quarter - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) -Australian retail sales volumes fell again in the June quarter as cost of living pressures and rising borrowing costs ate …

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Australia home prices rise 5th straight month but pace slowing -CoreLogic

July 31, 2023July 31, 2023
Australia home prices rise 5th straight month but pace slowing -corelogic - photo licensed by shore news network.

By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose for a fifth straight month in July, according to property consultant CoreLogic, although the monthly …

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Commonwealth Bank of Australia could cut up to 200 jobs – source

July 26, 2023
Commonwealth bank of australia could cut up to 200 jobs - source - photo licensed by shore news network.

By Rishav Chatterjee (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, could cut up to 200 jobs, a source familiar with the matter …

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Australia to buy 20 Hercules military transport planes in $6.6 billion deal

July 24, 2023July 24, 2023
Australia to buy 20 hercules military transport planes in $6. 6 billion deal - photo licensed by shore news network.

SYDNEY (Reuters) – Australia said on Monday it would spend A$9.8 billion ($6.60 billion) to buy 20 new Super Hercules military transport aircraft, ahead of …

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USS Canberra personnel parade in Australia capital amid joint war games

July 23, 2023
Uss canberra personnel parade in australia capital amid joint war games - photo licensed by shore news network.

SYDNEY (Reuters) – United States Navy personnel from a newly commissioned U.S. combat ship paraded through Australia’s capital on Sunday, as the two allies carry …

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Australia launches ‘national wellbeing’ dashboard to measure prosperity beyond GDP

July 20, 2023
Australia launches 'national wellbeing' dashboard to measure prosperity beyond gdp - photo licensed by shore news network.

By Wayne Cole and Alasdair Pal SYDNEY (Reuters) – Australia on Friday launched a “national wellbeing” dashboard of indicators to measure progress on issues like …

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Australia telco giant Telstra to cut nearly 500 jobs

July 19, 2023July 19, 2023
Australia telco giant telstra to cut nearly 500 jobs - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s biggest telecommunications company Telstra said on Thursday it planned to cut nearly 500 jobs due to changes from digitisation and automation, …

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Solomon Islands, Vanuatu consider forming militaries – Australia

July 19, 2023
Solomon islands, vanuatu consider forming militaries - australia - photo licensed by shore news network.

By Kirsty Needham SYDNEY (Reuters) – Pacific Islands nations Solomon Islands and Vanuatu are considering forming defence forces and have discussed the matter with Australia, …

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Australia debates Indigenous referendum as pamphlets launched

July 17, 2023
Australia debates indigenous referendum as pamphlets launched - photo licensed by shore news network.

SYDNEY (Reuters) – Parties on both sides of a debate on whether to constitutionally recognise Australia’s Indigenous people released their official pamphlets on Tuesday, which …

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Australia central bank hit pause as policy clearly restrictive, risking growth

July 17, 2023
Australia central bank hit pause as policy clearly restrictive, risking growth - photo licensed by shore news network.

SYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a …

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Australia expects unemployment rate to rise as global economy slows

July 16, 2023
Australia expects unemployment rate to rise as global economy slows - photo licensed by shore news network.

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on …

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Australia upbeat on global tax talks at G20 in India

July 14, 2023July 14, 2023
Australia upbeat on global tax talks at g20 in india - photo licensed by shore news network.

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of …

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Australia govt appoints Michele Bullock as next central bank governor

July 13, 2023July 13, 2023
Australia govt appoints michele bullock as next central bank governor - photo licensed by shore news network.

SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe’s …

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Australia cabinet will soon decide on next RBA governor – treasurer

July 11, 2023
Australia cabinet will soon decide on next rba governor - treasurer - photo licensed by shore news network.

By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide the next governor of the …

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Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts

July 11, 2023
Australia court approves $300m money laundering fine for blackstone's crown resorts - photo licensed by shore news network.

SYDNEY (Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown Resorts for breaking anti-money …

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National Australia Bank to change home loan refinancing criteria

July 7, 2023July 7, 2023
National australia bank to change home loan refinancing criteria - photo licensed by shore news network.

(Reuters) – National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help customers who would otherwise fail …

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Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans

July 6, 2023July 6, 2023
Uber, facebook linked to pwc australia tax schemes based on leaked government plans - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax …

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Lawyer wanted by Hong Kong says he was exercising his rights in Australia

July 6, 2023July 6, 2023
Lawyer wanted by hong kong says he was exercising his rights in australia - photo licensed by shore news network.

By Kirsty Needham SYDNEY (Reuters) – An Australian lawyer with a bounty on his head from the Hong Kong authorities, said on Thursday he was …

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Bubs Australia falls after mounting new strategy, outlook amid board overhaul

July 5, 2023July 5, 2023

By Rishav Chatterjee (Reuters) -Shares of Bubs Australia pared most of their early losses on Thursday after opening about 9% lower, as the embattled baby …

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Australia markets in the dark as clock ticks down on govt choice of RBA chief

July 4, 2023
Australia markets in the dark as clock ticks down on govt choice of rba chief - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) – With a July policy meeting done and dusted, the head of Australia’s central bank is waiting to hear if …

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UK, Australia and Canada want reversal of Israel approval of new West Bank settlement units

June 30, 2023June 30, 2023
Uk, australia and canada want reversal of israel approval of new west bank settlement units - photo licensed by shore news network.

LONDON (Reuters) – Britain, Australia and Canada have called on Israel’s government to reverse a decision to approve new settlement units in the West Bank, …

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Australia, EU trade ministers spoke as hopes of free trade deal rise – source

June 30, 2023
Australia, eu trade ministers spoke as hopes of free trade deal rise - source - photo licensed by shore news network.

By Kirsty Needham SYDNEY (Reuters) – Australian and European Union trade ministers spoke on Thursday evening, a source familiar with the matter told Reuters, as …

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Australia job vacancies fall 2% in May qtr, still historically high

June 28, 2023June 28, 2023
Australia job vacancies fall 2% in may qtr, still historically high - photo licensed by shore news network.

SYDNEY (Reuters) – Job vacancies in Australia fell in the three months to May, the fourth straight quarter of decline, but were still far above …

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Australia eyes bigger budget surplus but warns economy still slowing

June 27, 2023
Australia eyes bigger budget surplus but warns economy still slowing - photo licensed by shore news network.

By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion) projected in the May budget …

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PwC Australia asset sale unlikely to solve firm’s tarnished reputation

June 27, 2023
Pwc australia asset sale unlikely to solve firm's tarnished reputation - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax …

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Explainer-PwC Australia fights to contain government tax leak scandal

June 26, 2023
Explainer-pwc australia fights to contain government tax leak scandal - photo licensed by shore news network.

By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia has moved to contain the fallout from a scandal over the misuse of …

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Factbox-PwC Australia scandal latest of many around the globe for the firm

June 26, 2023June 26, 2023
Factbox-pwc australia scandal latest of many around the globe for the firm - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 …

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Australia imposes sanctions on three men over downing of Flight MH17

June 23, 2023
Australia imposes sanctions on three men over downing of flight mh17 - photo licensed by shore news network.

SYDNEY (Reuters) – Australia has imposed financial sanctions and travel bans on three men involved in the downing of Malaysia Airlines Flight 17 (MH17) over …

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Rio Tinto reopens iron ore rail line in Western Australia after derailment

June 20, 2023
Rio tinto reopens iron ore rail line in western australia after derailment - photo licensed by shore news network.

MELBOURNE (Reuters) – The world’s biggest iron ore miner Rio Tinto said on Wednesday that it had reopened a rail line at its Western Australian …

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Australia minister calls on end-consumers to underpin critical minerals investment

June 20, 2023
Australia minister calls on end-consumers to underpin critical minerals investment - photo licensed by shore news network.

By Melanie Burton MELBOURNE (Reuters) – Automakers and other consumers of critical minerals should invest in Australia’s materials processing industry to secure ethical long-term supply …

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Rio Tinto iron ore train derailed at weekend in Western Australia

June 19, 2023June 19, 2023
Rio tinto iron ore train derailed at weekend in western australia - photo licensed by shore news network.

MELBOURNE (Reuters) -Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that derailed in Western Australia, an …

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Westpac raises Australia cash rate peak forecast to 4.6%

June 16, 2023
Westpac raises australia cash rate peak forecast to 4. 6% - photo licensed by shore news network.

SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in July and August, joining other …

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Australia cancels lease for new Russian embassy citing national security

June 15, 2023

By Renju Jose SYDNEY (Reuters) -Australia said on Thursday it would introduce legislation to parliament to cancel Russia’s lease to build a new embassy in …

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Australia mourns 10 wedding guests killed in bus accident

June 13, 2023

SYDNEY (Reuters) -Australia on Tuesday mourned the 10 people who were killed when a chartered bus carrying wedding guests rolled over at a roundabout, the …

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Australia business activity slows sharply in May, more risks ahead

June 12, 2023
Australia business activity slows sharply in may, more risks ahead - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s business conditions eased sharply in May, dented by slower gains in sales and employment, suggesting demand growth is moderating in the …

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Driver charged after Australia’s worst bus accident in decades kills 10 wedding guests

June 12, 2023

By Renju Jose SYDNEY (Reuters) -A man was charged with dangerous driving on Monday after at least 10 wedding guests were killed when the bus …

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Australia looks to rest of world even as China trade ties heal

May 31, 2023
Australia looks to rest of world even as china trade ties heal - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Australia will encourage businesses diversify their trade into new and emerging markets, Trade Minister Don Farrell will say in …

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South Korea, Australia agree to step up defence cooperation

May 30, 2023
South korea, australia agree to step up defence cooperation - photo licensed by shore news network.

SEOUL (Reuters) -South Korea and Australia’s defence chiefs agreed on Tuesday to step up defence cooperation, South Korea’s defence ministry said. Korean Defence Minister Lee …

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Australia issues interim stop order for Humm’s BNPL products, shares drop

May 25, 2023

(Reuters) -Australian fintech company Humm Group said on Friday its unit got an interim stop order from the country’s corporate regulator restricting it from issuing …

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Virgin Australia aims for November A$1 billion listing – source

May 23, 2023
Virgin australia aims for november a$1 billion listing - source - photo licensed by shore news network.

SYDNEY (Reuters) – Bain Capital’s Virgin Australia airline is aiming for a A$1 billion listing on the Australian Securities Exchange (ASX) in November, according to …

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Obama Praises Australia For Confiscating Citizens’ Guns

May 16, 2023

Obama Praises Australia For Confiscating Citizens’ Guns Harold Hutchison on May 16, 2023 Former President Barack Obama praised Australia’s gun confiscation following a mass shooting …

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