Australian PM says Israel’s explanation for aid worker deaths unsatisfactory
By Lewis Jackson SYDNEY (Reuters) – Israel is yet to provide a satisfactory explanation for the death of seven aid workers last week, Prime Minister Anthony Albanese said on Monday as Australia…
Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
SYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have somewhat slowed…
SQM ties up with Hancock on $1.1 billion bid for Australian lithium developer Azure
By Melanie Burton MELBOURNE (Reuters) -Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure Minerals, the…
Australian competition watchdog approves Woolworths’ stake buy in Petstock
(Reuters) – Australia’s competition watchdog said on Thursday it will not oppose Woolworths’ acquisition of a 55% stake in specialty pet retailer Petstock Group. The Australian Competition and Consumer Commission (ACCC), after…
Australian Dec consumer sentiment bounces, set for second worst year on record
SYDNEY (Reuters) – Australian consumer sentiment edged up in December, although it ended its second worst year on record amid a surge in the cost of living and sharply higher interest rates,…
Australian copper miner Sandfire says damaged Aboriginal cultural heritage
By Melanie Burton MELBOURNE (Reuters) -Global miner Sandfire said on Thursday it had damaged Aboriginal cultural heritage at a copper mine in Western Australia, and that it had informed the traditional owners…
Australian warship sails through Taiwan Strait
TAIPEI (Reuters) – Taiwan said on Friday that an Australian warship had sailed through the Taiwan Strait, the sensitive and narrow waterway that separates the democratically governed island from China. The island’s…
Australian business conditions hold firm in Oct – survey
SYDNEY (Reuters) – Australian business conditions held firm in October even as confidence slipped a little, a survey showed on Tuesday, a resilience that will be tested by higher borrowing costs following…
Australian inflation fight to be a drawn out process-RBA
SYDNEY (Reuters) – Inflation in Australia is proving to be more stubborn than first expected, largely due to price pressures in the services sector, and bringing it down will be a drawn-out…
Exclusive: China snaps up Australian, French wheat as crop damage spurs buying spree
By Naveen Thukral and Dominique Patton SINGAPORE/BEIJING (Reuters) – China is set to import record volumes of wheat this year, trading sources say, with rain damage to its crop and worries over…
Vice President Harris Hints at Australian Style Gun Ban
WASHINGTON, D.C. – Vice President Kamala Harris expressed support for stronger gun control measures on Thursday, referring to Australia’s gun ban as an example. The comments followed a mass shooting in Lewiston,…
Kamala Harris Praises Australian Gun Ban After Maine Shooting
Kamala Harris Praises Australian Gun Ban After Maine Shooting Harold Hutchison on October 26, 2023 Vice President Kamala Harris praised Australia’s sweeping gun ban Thursday while reacting to a mass shooting in…
Biden, Australian PM to announce tech innovation cooperation – White House
WASHINGTON (Reuters) – U.S. President Joe Biden and Australian Prime Minister Anthony Albanese will announce a plan to cooperate on technological innovations, including artificial intelligence, clean energy, and critical minerals, during their…
Australian regulator probes PETstock’s prior M&As ahead of Woolworths deal
(Reuters) -Australian competition watchdog said on Thursday PETstock’s certain completed acquisitions made between 2017 and 2022 raise significant concerns, as the regulator reviewed the pet retailer’s stake sale to Woolworths Group. The…
Australian PM to plan new path toward Indigenous reconciliation
By Lewis Jackson SYDNEY (Reuters) – Australia’s Labor government will take time to plan how to pursue reconciliation with the country’s Indigenous people, Prime Minister Anthony Albanese said on Tuesday, following the…
Australian fund IFM holds investor meeting in Spain as it seeks to expand
By Pietro Lombardi MADRID (Reuters) – Australian fund IFM Investors will bring major international investors to Madrid next week as it hopes to expand its presence in the country in sectors tied…
Australian billionaire Gina Rinehart accumulates 19.9% stake in Albemarle target Liontown
By Scott Murdoch SYDNEY (Reuters) – Australian billionaire Gina Rinehart has taken a 19.9% stake in lithium miner Liontown Resources, her company Hancock Prospecting said on Wednesday, potentially hindering a takeover bid…
Australian Aboriginal leader threatened ahead of referendum on Indigenous rights
SYDNEY (Reuters) – An Indigenous senator in Australia was targeted with threats and racial abuses in a video on social media, just days before the country votes in a referendum on whether…
China’s craft brewers cheer return of Australian barley imports
By Casey Hall and Dominique Patton SHANGHAI/BEIJING (Reuters) – The return of Australian barley imports to China has brought a happy buzz to at least one industry – brewers of craft beers…
Australian Teenager Behind Multiple Bomb Hoax Threats in US Schools
HOWARD COUNTY, MD – An Australian teenager has been implicated in making a false bomb and shooting threat to River Hill High School in October 2022. The threats originated from Australia, and…
Australian treasurer pushes back against criticism over RBA reform
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Thursday criticism of proposed reforms to the central bank’s policymaking board by one of his predecessors was “bizarre and wrong”, as questions grow…
Global warming will hit Australian crop yields and GDP, treasurer says
CANBERRA (Reuters) – Australian crop yields could be 4% below current levels by 2063, reducing the country’s economic output by A$1.8 billion ($1.2 billion) a year, unless action is taken to mitigate…
Australian casino group Star Entertainment to raise $481 million in equity
By Scott Murdoch (Reuters) -Australian casino operator Star Entertainment Group is tapping the capital markets for a second time in 2023 as it aims to raise A$750 million ($481.43 million) as part…
Australian Man’s Billion-Dollar Lawsuit Against Hospital for Watching Wife Give Birth Dismissed
MELBOURNE, AU – Anil Koppula’s high-stakes lawsuit against the Royal Women’s Hospital was dismissed last week by the Supreme Court of Victoria. Koppula sought 1 billion Australian dollars, approximately $643 million USD,…
Australian pension fund chief bullish on private equity, debt deals
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – The next 18 months is an ideal time for unlisted asset deals, said the head of one of Australia’s largest pension funds, as…
Australian jobs surge as productivity debate heats up
By Stella Qiu SYDNEY (Reuters) – Australia’s employment surged in August while its participation rate hit a record high and the jobless rate held steady, in a sign that decade-high interest rates…
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