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 state says first AUKUS nuclear submarines could be built overseas
SYDNEY (Reuters) – The South Australia state government said Friday that the first nuclear submarines under the AUKUS pact between the United States, Britain and Australia may be built overseas, but that…
India, Australia aim to boost economic, defence ties at first summit of PMs
By Krishn Kaushik and Kirsty Needham NEW DELHI/SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the two countries…
UK on verge of ratifying free-trade deal with Australia
SYDNEY (Reuters) – The United Kingdom is set to ratify a controversial free-trade agreement with Australia as soon as this month, the country’s High Commissioner to Australia said on Wednesday. Signed in…
Australia has assured US its technology is safe in submarine deal -envoy
By David Brunnstrom and Kirsty Needham WASHINGTON (Reuters) – Australia has assured Washington that U.S. technology will be safe under a plan to supply it with nuclear-powered submarines in a tripartite deal…
Modest Australia house price correction unfazed by rising rate expectations: Reuters Poll
By Vivek Mishra and Devayani Sathyan BENGALURU (Reuters) – Expectations for a 16% fall in Australian home prices from their peak have held steady despite growing expectations over the past few months…
Australia to limit tax breaks on multi-million dollar retirement savings
SYDNEY (Reuters) – The Australian government said on Tuesday it would limit tax breaks for members with pension balances of more than A$3 million ($2 million) in the face of mounting pressure…
Australia plans to limit early access to retirement funds, cut tax breaks
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left government said on Thursday it would push ahead with plans to change superannuation rules, including restricting early access to funds until retirement and limiting…
Australia advertises job on central bank’s policy-setting board
SYDNEY (Reuters) – Australia’s government is advertising a job on the policy-setting board of the Reserve Bank of Australia, the first time the powerful position has been thrown open to all comers…
PayPal tells Australia it supports buy-now-pay-later regulation
By Byron Kaye SYDNEY (Reuters) – Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, adding a powerful…
Australia business activity rebounds in Jan on strong sales – NAB
SYDNEY (Reuters) – Australian business conditions rebounded sharply in January after three months of slowdown while cost pressures picked up again, a surprising sign of strength that could add to the case…
South Korea, Australia central banks renew currency swap agreement
SEOUL (Reuters) – South Korea’s central bank said it renewed on Monday a currency swap agreement with its Australian counterpart, valued at 9.6 trillion won or A$12 billion, for five years until…
Australia retail sales volumes dip in Q4, price growth slows
SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign higher borrowing costs are finally working to…
Australia Dec retail spending nosedives in warning for economy
By Stella Qiu SYDNEY (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, an economic…
Search underway for radioactive capsule missing in Australia
SYDNEY (Reuters) – Parts of Western Australia were under a radiation alert on Saturday after authorities said a radioactive capsule used in mining was lost en-route to the state’s capital, Perth. Authorities…
Australia seeks views on Sika’s proposed MBCC asset sales
(Reuters) – Australia’s competition regulator said on Friday it was seeking market views on the proposed sale of MBCC Group’s assets in the country by Swiss chemicals maker Sika AG. The divestment…
Australia to spend $2 billion on 40 U.S. Black Hawk choppers
By Lewis Jackson SYDNEY (Reuters) – Australia confirmed on Wednesday it would buy 40 Black Hawk military helicopters from the United States for an estimated A$2.8 billion ($1.96 billion), finalising a sale…
Australia consumer mood brightens for second month in a row
SYDNEY (Reuters) – A measure of Australian consumer sentiment rose in January for the second straight month, as a break in a painful cycle of interest rate rises likely provided temporary relief…
Australia and Papua New Guinea aim to ink defence treaty by June
By Lewis Jackson SYDNEY (Reuters) – Australia and Papua New Guinea agreed to conclude negotiations over a comprehensive security agreement by April with hopes of a treaty signing by June following a…
U.S.’s Yellen chairs meeting with UK, Australia, Canada, New Zealand ministers
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen chaired a meeting of finance ministers from Australia, Canada, New Zealand, and the United Kingdom, Britain’s finance ministry said in a statement published on…
Ex U.S. Marines pilot arrested in Australia was ‘singled out’ – lawyer
By Kirsty Needham SYDNEY (Reuters) – The lawyer for former U.S. Marine Corps pilot Daniel Duggan said he was “singled out” for extradition to the United States to face charges of training…
‘Once in a century’ flood cuts off communities in northwestern Australia
SYDNEY (Reuters) -Military helicopters airlifted hundreds of people from communities cut off by “once in a century” floods in Australia’s northwest, an official leading relief efforts said on Sunday, noting water covered…
Western Australia in grip of ‘devastating’ flood emergency, Australia PM says
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Saturday his government was ready to provide whatever support was needed to residents of Western Australia state as record-breaking floods isolated far-flung…
Australia approves extradition request for former U.S. Marines pilot over China military training
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 money laundering and breaking U.S. arms control…
South African flying school executive investigated by police in Australia
By Kirsty Needham SYDNEY (Reuters) – Australian police have searched a property of, but not charged, a former British military pilot who is an executive of a South African flight school under…
Australia takes aim at Apple, Microsoft over child protection online
By Byron Kaye SYDNEY (Reuters) – An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple Inc and Microsoft Corp not doing enough…
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