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 substance; unlawful export of a controlled substance;…
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 will not have a material impact on…
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 have to rise further to bring it…
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 offered much greater market access for Australian…
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 national carrier Qantas, which is under scrutiny…
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 still elevated, and monetary policy was on…
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 studies whether and how to launch a…
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 knowledge of the matter said on Tuesday.…
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 workers currently employed by BankWest, trade union…
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 would succeed, even as the measure lags…
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 from a national polling day on the…
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 children who were on board, police said…
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 down on human trafficking and other forms…
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 and those living outside cities, according to…
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 to audiobooks a month, with the feature…
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 Indigenous referendum, as early voting began in…
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 fishing expedition, authorities said. Police said one…
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 trade relations between the two countries. China…
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 country’s labour shortage might be easing as…
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 elevated living expenses and high borrowing costs,…
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 to bring the partnership closer to public…
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 in a national vote roughly three weeks…
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 bid to consolidate gains in the strongest…
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 the country’s greatest business success story. For…
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 newspaper business and culminated in one of…
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 industrial relations tribunal on Sept. 22, potentially…
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