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;…
UK, Australia and Canada want reversal of Israel approval of new West Bank settlement units
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, saying they are “deeply concerned” by an…
Australia, EU trade ministers spoke as hopes of free trade deal rise – source
By Kirsty Needham SYDNEY (Reuters) – Australian and European Union trade ministers spoke on Thursday evening, a source familiar with the matter told Reuters, as optimism builds that sticking points over a…
Australia job vacancies fall 2% in May qtr, still historically high
SYDNEY (Reuters) – Job vacancies in Australia fell in the three months to May, the fourth straight quarter of decline, but were still far above pre-pandemic levels as demand for labour remains…
Australia eyes bigger budget surplus but warns economy still slowing
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 but high inflation and global challenges will…
PwC Australia asset sale unlikely to solve firm’s tarnished reputation
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 practice but is unlikely to repair its…
Explainer-PwC Australia fights to contain government tax leak scandal
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia has moved to contain the fallout from a scandal over the misuse of confidential government tax plans by selling its…
Factbox-PwC Australia scandal latest of many around the globe for the firm
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up…
Australia imposes sanctions on three men over downing of Flight MH17
SYDNEY (Reuters) – Australia has imposed financial sanctions and travel bans on three men involved in the downing of Malaysia Airlines Flight 17 (MH17) over Ukraine in 2014, Foreign Minister Penny Wong…
Rio Tinto reopens iron ore rail line in Western Australia after derailment
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 operations after a train carrying iron ore…
Australia minister calls on end-consumers to underpin critical minerals investment
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 that can weather geopolitical disruptions, the Australian…
Rio Tinto iron ore train derailed at weekend in Western Australia
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 accident that analysts said had the potential…
Westpac raises Australia cash rate peak forecast to 4.6%
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 major banks that are expecting higher rates…
Australia cancels lease for new Russian embassy citing national security
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 the national capital of Canberra, citing national…
Australia mourns 10 wedding guests killed in bus accident
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 country’s worst bus accident in three decades.…
Australia business activity slows sharply in May, more risks ahead
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 wake of the central bank’s most aggressive…
Driver charged after Australia’s worst bus accident in decades kills 10 wedding guests
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 they were travelling in crashed at a…
Australia looks to rest of world even as China trade ties heal
By Lewis Jackson SYDNEY (Reuters) – Australia will encourage businesses diversify their trade into new and emerging markets, Trade Minister Don Farrell will say in a speech on Thursday, even as ties…
South Korea, Australia agree to step up defence cooperation
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 Jong-sup met his Australian counterpart Richard Marles…
Australia issues interim stop order for Humm’s BNPL products, shares drop
(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 buy-now-pay-later products to new customers, sending the…
Virgin Australia aims for November A$1 billion listing – source
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 a source with direct knowledge of the…
Obama Praises Australia For Confiscating Citizens’ Guns
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 during an interview that aired Tuesday morning.…
Chinese foreign minister to visit Australia – South China Morning Post
SYDNEY (Reuters) -China’s foreign minister is expected to visit Australia in July as diplomatic relations between the two trading partners stabilise, the South China Morning Post reported on Friday. The visit by…
Australia, NZ privacy regulators launch joint probe into Latitude Group
SYDNEY (Reuters) -The privacy regulators for Australia and New Zealand said on Wednesday they had begun a joint investigation into the personal information handling practices at consumer finance firm Latitude Group, which…
Australia Q1 retail sales volumes fall for a second straight quarter
SYDNEY (Reuters) – Australian retail sales volumes during the first quarter of 2023 fell for a second straight quarter, a sign that rising interest rates and the high cost of living are…
Australia to deliver first budget surplus in 15 years
SYDNEY (Reuters) – Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, a political…
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