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Australia

Western Australia in grip of ‘devastating’ flood emergency, Australia PM says

January 7, 2023
Western australia in grip of 'devastating' flood emergency, australia pm says - photo licensed by shore news network.

SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Saturday his government was ready to provide whatever support was needed to residents of Western …

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Australia approves extradition request for former U.S. Marines pilot over China military training

December 28, 2022December 28, 2022

SYDNEY (Reuters) -Australia has approved a request to extradite former U.S. Marine Corps pilot Daniel Duggan to the United States where he faces charges of …

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South African flying school executive investigated by police in Australia

December 20, 2022

By Kirsty Needham SYDNEY (Reuters) – Australian police have searched a property of, but not charged, a former British military pilot who is an executive …

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Australia takes aim at Apple, Microsoft over child protection online

December 14, 2022December 14, 2022
Australia takes aim at apple, microsoft over child protection online - photo licensed by shore news network.

By Byron Kaye SYDNEY (Reuters) – An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple …

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Australia consumer mood less bleak on hope for rate hike relief

December 12, 2022December 12, 2022
Australia consumer mood less bleak on hope for rate hike relief - photo licensed by shore news network.

SYDNEY (Reuters) – A measure of Australian consumer sentiment bounced from near record lows in December as borrowers sensed a painful cycle of interest rate …

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Australia targets SkyCity casino for money laundering amid gambling crackdown

December 7, 2022

By Praveen Menon and Savyata Mishra (Reuters) – Australia’s financial crime regulator started civil proceedings against SkyCity Entertainment Group’s Adelaide casino on Wednesday, the latest …

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U.S. military to increase presence of rotational bomber forces in Australia

December 6, 2022
U. S. Military to increase presence of rotational bomber forces in australia - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. military will increase the rotation presence of its forces in Australia, including bomber forces, U.S. Defense Secretary Lloyd Austin said …

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Australia records first current account deficit in three years

December 5, 2022
Australia records first current account deficit in three years - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) – Australia’s current account fell into deficit for the first time in three years last quarter as robust domestic demand …

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Australia government spending dips in Q3, minor drag on GDP

December 5, 2022December 5, 2022
Australia government spending dips in q3, minor drag on gdp - photo licensed by shore news network.

SYDNEY (Reuters) – Australian government spending dipped 0.6% in the September quarter due to a pullback in investment, an unexpected drag on economic growth in …

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Australia ‘Teacher’s Pet’ podcast subject gets 24-year sentence for 1982 murder

December 2, 2022

By Alasdair Pal SYDNEY (Reuters) -An Australian former high school teacher, who was the subject of the hit podcast “The Teacher’s Pet”, was sentenced on …

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Australia monthly inflation slows in October, hints at possible peak

November 29, 2022November 29, 2022
Australia monthly inflation slows in october, hints at possible peak - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) – Australian inflation slowed in October as prices for fruit and vegetables fell sharply and holidays costs took a surprise …

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Chevron Australia finds nearly half its workers have suffered workplace bullying

November 29, 2022
Chevron australia finds nearly half its workers have suffered workplace bullying - photo licensed by shore news network.

MELBOURNE (Reuters) – Chevron Corp on Tuesday said nearly half its workers in Australia had been bullied in the past five years and nearly a …

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Labour turmoil sweeps Australia as inflation stirs ‘spirit of anger’

November 28, 2022
Labour turmoil sweeps australia as inflation stirs 'spirit of anger' - photo licensed by shore news network.

By Byron Kaye and Sonali Paul SYDNEY/MELBOURNE (Reuters) – After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas …

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Australia house prices forecast to slump 16% from peak- Reuters poll

November 24, 2022November 24, 2022
Australia house prices forecast to slump 16% from peak- reuters poll - photo licensed by shore news network.

By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next year, according to a Reuters …

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India expects bilateral trade with Australia to exceed $45 billion in 5 years

November 22, 2022
India expects bilateral trade with australia to exceed $45 billion in 5 years - photo licensed by shore news network.

NEW DELHI (Reuters) – India expects total bilateral trade with Australia of around $45 billion to $50 billion over the next 5 years, a trade …

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Australia jobs beat forecasts, boosting case for more rate hikes

November 16, 2022
Australia jobs beat forecasts, boosting case for more rate hikes - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) -Australia’s jobless rate matched five-decade lows in October as employment climbed by double market forecasts, a sign it will take …

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Australia wages jump 1.0% in Q3, biggest gain in a decade

November 15, 2022November 15, 2022
Australia wages jump 1. 0% in q3, biggest gain in a decade - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) -Australian wages boasted the largest rise in a decade last quarter as a super-tight labour market finally made itself felt, …

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Australia economy set to slow amid downside risks -IMF

November 15, 2022
Australia economy set to slow amid downside risks -imf - photo licensed by shore news network.

SYDNEY (Reuters) – Australia should continue to tighten monetary and fiscal policy to contain inflation even as its economy is set to slow sharply next …

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Australia central bank stuck with smaller hike as wary of falling house prices

November 14, 2022
Australia central bank stuck with smaller hike as wary of falling house prices - photo licensed by shore news network.

Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns …

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Australia unveils joint cyber police taskforce to ‘hunt down’ hackers

November 11, 2022November 11, 2022
Australia unveils joint cyber police taskforce to 'hunt down' hackers - photo licensed by shore news network.

SYDNEY (Reuters) – Australia on Saturday formalised a new cyber-policing model in a stepped-up effort to “hunt down” cyber criminal syndicates, following recent hacks impacting …

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Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation

November 3, 2022November 3, 2022
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation - photo licensed by shore news network.

SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down …

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Barclays builds up Asia business, sees growth in India and Australia

November 2, 2022
Barclays builds up asia business, sees growth in india and australia - photo licensed by shore news network.

By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan …

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Apple workers in Australia gear up for more strike action

October 31, 2022October 31, 2022
Apple workers in australia gear up for more strike action - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay …

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Australia retail sales up again in Sept as spending stays resilient

October 30, 2022
Australia retail sales up again in sept as spending stays resilient - photo licensed by shore news network.

By Wayne Cole SYDNEY (Reuters) -Australian retail sales posted another solid increase in September thanks to spending on food, clothing and eating out with consumption …

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Australia to train Ukrainian troops, ship more armoured vehicles

October 26, 2022

By Renju Jose SYDNEY (Reuters) – Australia said on Thursday it will deploy 70 soldiers to Britain to help train Ukrainian troops there and ship …

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S&P says improved fiscal outcomes for Australia underpin AAA rating

October 25, 2022
S&p says improved fiscal outcomes for australia underpin aaa rating - photo licensed by shore news network.

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, …

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Exclusive-Former U.S. military pilot who worked in China arrested in Australia, faces extradition

October 25, 2022

By Kirsty Needham SYDNEY (Reuters) – A former U.S. military pilot and flight instructor who worked in China was arrested in Australia and faces extradition …

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Fitbit sued in Australia for misleading consumers on faulty devices

October 23, 2022
Fitbit sued in australia for misleading consumers on faulty devices - photo licensed by shore news network.

(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 …

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Australia to cut economic growth forecasts on lower consumer spending

October 23, 2022October 23, 2022
Australia to cut economic growth forecasts on lower consumer spending - photo licensed by shore news network.

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 …

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TheFork and SevenRooms Ink Multi-Year Strategic Partnership Deal Across Europe, the United Kingdom and Australia

October 22, 2022
Thefork and sevenrooms ink multi-year strategic partnership deal across europe, the united kingdom and australia - photo licensed by shore news network.

TheFork and SevenRooms will partner to provide hospitality operators with the most competitive and complete combination of services available to the market today New York, …

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Australia aims for ‘responsible’ budget after UK mayhem

October 21, 2022October 20, 2022
Australia aims for 'responsible' budget after uk mayhem - photo licensed by shore news network.

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 …

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Singapore’s GIC says global recession scenario possible, eyes Australia opportunities

October 18, 2022
Singapore's gic says global recession scenario possible, eyes australia opportunities - photo licensed by shore news network.

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 …

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Australia, Singapore sign ‘green economy’ pact

October 18, 2022October 18, 2022
Australia, singapore sign 'green economy' pact - photo licensed by shore news network.

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

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Bali bombings survivor looks ahead as Australia marks 20th anniversary

October 11, 2022
Bali bombings survivor looks ahead as australia marks 20th anniversary - photo licensed by shore news network.

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

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Some Apple workers in Australia vote to strike over pay, benefits

October 11, 2022October 10, 2022
Some apple workers in australia vote to strike over pay, benefits - photo licensed by shore news network.

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

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Australia unveils privacy rule changes after Optus data breach

October 5, 2022
Australia unveils privacy rule changes after optus data breach - photo licensed by shore news network.

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

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Australia, New Zealand keep global rate hikes on upward swing

October 5, 2022October 5, 2022
Australia, new zealand keep global rate hikes on upward swing - photo licensed by shore news network.

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 …

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Australia rules out curbs on gas exports after producer deal

September 29, 2022September 29, 2022

By Sonali Paul MELBOURNE (Reuters) -Australia will not put curbs on gas exports after reaching a deal with its three east coast producers of liquefied …

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Australia court dismisses petition against CBA, unit over banned commissions

September 29, 2022September 29, 2022
Australia court dismisses petition against cba, unit over banned commissions - photo licensed by shore news network.

(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 …

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Australia tells SingTel-owned Optus to pay cost of replacing hacked ID documents

September 29, 2022
Australia tells singtel-owned optus to pay cost of replacing hacked id documents - photo licensed by shore news network.

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

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Australia job vacancies dip from record highs in Aug quarter

September 28, 2022September 28, 2022
Australia job vacancies dip from record highs in aug quarter - photo licensed by shore news network.

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 …

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Australia – a land of promise and hurdles for offshore wind developers

September 27, 2022September 27, 2022
Australia - a land of promise and hurdles for offshore wind developers - photo licensed by shore news network.

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

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Australia, NZ dlrs hit new lows as traders buy dollars amid volatility

September 25, 2022
Australia, nz dlrs hit new lows as traders buy dollars amid volatility - photo licensed by shore news network.

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, …

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U.S., UK, Australia leaders: progress made in Australia getting nuclear-powered sub

September 23, 2022

WASHINGTON (Reuters) -The leaders of the United States, United Kingdom and Australia said in a statement on Friday marking the one-year anniversary of the AUKUS …

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Australia, New Zealand condemn Putin threats as “unthinkable”

September 21, 2022September 21, 2022
Australia, new zealand condemn putin threats as "unthinkable" - photo licensed by shore news network.

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 …

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Australia rules out ban on Russian tourists as part of sanctions

September 17, 2022September 17, 2022
Australia rules out ban on russian tourists as part of sanctions - photo licensed by shore news network.

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

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Virgin Australia says high staff illness rates hampering capacity, lifting fares

September 13, 2022
Virgin australia says high staff illness rates hampering capacity, lifting fares - photo licensed by shore news network.

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

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Australia current account surplus balloons in Q2, boosts growth

September 5, 2022
Australia current account surplus balloons in q2, boosts growth - photo licensed by shore news network.

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 …

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Australia government spending makes minor contribution to Q2 GDP

September 5, 2022
Australia government spending makes minor contribution to q2 gdp - photo licensed by shore news network.

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 …

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Era of through-the-roof house prices in Australia set to end: Reuters poll

September 4, 2022
Era of through-the-roof house prices in australia set to end: reuters poll - photo licensed by shore news network.

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

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