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;…
Australia sets climate target for aid programme, pledges more local jobs
By Kirsty Needham SYDNEY (Reuters) – Australia will put climate change and local jobs at the centre of its international aid programme, in a policy overhaul designed to compete with China’s infrastructure-building…
Australia inquiry finds misconduct by prosecutor linked to parliament rape trial
By Renju Jose SYDNEY (Reuters) – An Australian inquiry said in a report on Monday that it had found serious misconduct by a public prosecutor in connection with the trial of a…
Australia ANZ-Indeed jobs ads edge 0.4% higher in July
SYDNEY (Reuters) – Australian job advertisements posted a small rise in July after an outsized decline in the previous month, data showed on Monday, but analysts say the lift could be a…
US nuclear submarine visits Western Australia as allies increase defence preparedness
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 transfer nuclear submarine capability to Australia. The…
Reserve Bank of Australia to deliver final rate hike in Q4, economists say : Reuters poll
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 cycle, economists polled by Reuters said following…
Australia retail sales extend losing stretch to a third quarter
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 into consumer spending power, hampering economic growth…
Australia home prices rise 5th straight month but pace slowing -CoreLogic
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 gain slowed as an increase in new…
Commonwealth Bank of Australia could cut up to 200 jobs – source
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 told Reuters on Wednesday, but did not…
Australia to buy 20 Hercules military transport planes in $6.6 billion deal
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 a visit later this week by U.S.…
USS Canberra personnel parade in Australia capital amid joint war games
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 out war games amid China’s military build-up…
Australia launches ‘national wellbeing’ dashboard to measure prosperity beyond GDP
By Wayne Cole and Alasdair Pal SYDNEY (Reuters) – Australia on Friday launched a “national wellbeing” dashboard of indicators to measure progress on issues like health, education and the environment, one that…
Australia telco giant Telstra to cut nearly 500 jobs
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, as well as its exit from some…
Solomon Islands, Vanuatu consider forming militaries – Australia
By Kirsty Needham SYDNEY (Reuters) – Pacific Islands nations Solomon Islands and Vanuatu are considering forming defence forces and have discussed the matter with Australia, Defence Minister Richard Marles said on Wednesday.…
Australia debates Indigenous referendum as pamphlets launched
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 will start being delivered to letterboxes across…
Australia central bank hit pause as policy clearly restrictive, risking growth
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 risk a squeeze on household finances could…
Australia expects unemployment rate to rise as global economy slows
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 the back of higher interest rates and…
Australia upbeat on global tax talks at G20 in India
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 Group of 20 (G20) nations in India.…
Australia govt appoints Michele Bullock as next central bank governor
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 current seven-year term is due to finish…
Australia cabinet will soon decide on next RBA governor – treasurer
By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide the next governor of the country’s central bank, after local media reported…
Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts
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 laundering laws, ending the darkest chapter in…
National Australia Bank to change home loan refinancing criteria
(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 to meet an industry standard that assesses…
Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) – PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday…
Lawyer wanted by Hong Kong says he was exercising his rights in Australia
By Kirsty Needham SYDNEY (Reuters) – An Australian lawyer with a bounty on his head from the Hong Kong authorities, said on Thursday he was being pursued for “exercising my democratic rights”…
Bubs Australia falls after mounting new strategy, outlook amid board overhaul
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 formula maker launched a five-point plan to…
Australia markets in the dark as clock ticks down on govt choice of RBA chief
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 he will remain at the helm or…
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