Australian police seize record $1.1 billion of crystal meth
SYDNEY (Reuters) – Australian police said on Friday it had seized some A$1.6 billion ($1.1 billion) worth of crystal meth, also known as ‘ice’, concealed within marble stones in several…
SYDNEY (Reuters) – Australian police said on Friday it had seized some A$1.6 billion ($1.1 billion) worth of crystal meth, also known as ‘ice’, concealed within marble stones in several…
SYDNEY (Reuters) – Australia said on Monday it would do a virtual stocktake of the country’s cryptocurrency holdings, the first signal from the new centre-left government that it plans to…
‘Stealth Bulldozer’: Former Australian Prime Minister Secretly Seized Control Of Gov’t Ministries During Pandemic Micaela Burrow on August 17, 2022 Former Australian Prime Minister Scott Morrison secretly took emergency controls…
SYDNEY – Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on…
(Reuters) – Australia’s European Lithium Ltd said on Friday it has signed an agreement with German automobile maker BMW AG to supply battery-grade lithium hydroxide, as companies look to shift…
By Wayne Cole SYDNEY – Australian retail sales edged higher in June but missed market forecasts for the first time in several months, a sign soaring inflation and rising interest…
SYDNEY – Australian households are generally well placed to absorb rising borrowing costs though more recent home buyers could be vulnerable with interest rates set to rise further in the…
(Reuters) -Australia’s prudential regulator said on Thursday it has scrapped the additional capital requirement of A$150 million ($101.64 million) placed on the local unit of Allianz SE after finding the…
By Wayne Cole SYDNEY – A measure of Australian business confidence slid in June as rising costs and worries about consumer spending slugged the retail sector, though most firms reported…
By Shashwat Awasthi (Reuters) – Australian shares were set to lose a tenth of their market value in the first half of 2022, and analysts warned of more pain ahead…
Damian Williams, the United States Attorney for the Southern District of New York, announced today that EUGENI TSVETNENKO, a/k/a “Zhenya,” a dual citizen of Australia and Russia, was sentenced to…
By Clyde Russell LAUNCESTON, Australia – The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market…
SYDNEY – A measure of Australian consumer sentiment slid for a seventh straight month to match pandemic lows in June amid an outsized rise in interest rates and surging inflation.…
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years…
(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its…
By Sonali Paul MELBOURNE – A gas seller that supplied 7% of the eastern Australian market has collapsed due to soaring global gas prices, the first significant casualty in the…
LONDON – British Prime Minister Boris Johnson agreed with his newly-elected Australian counterpart Anthony Albanese that the Ukrainian war must not encourage other countries to undermine global stability, Johnson’s spokesperson…
By Kirsty Needham SYDNEY – Australia’s new Labor government will put greater focus on relations with Southeast Asia and climate change, an issue crucial to its Pacific neighbours, as it…
SYDNEY – Australian Prime Minister Scott Morrison said he had conceded defeat in a national election on Saturday, saying that while vote counting was incomplete the opposition Labor party looked…
(Reuters) – Australian tech billionaire Mike Cannon-Brookes’ firm Grok Ventures said on Wednesday it settled a 11.28% stake purchase in AGL Energy worth A$650 million ($455.33 million) with J.P. Morgan.…
By Byron Kaye SYDNEY – The 10-minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in Australian banking as rising interest…
ALBANY, NEW YORK – Paul J. Carter, also known as Paul Hamilton, and formerly known as Paul Cristallo, was sentenced today to time served (6 days in jail), and to…
SYDNEY – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living and possible rise in interest…
SYDNEY – Australian job advertisements dipped in April from multi-year highs, but still point to continued strong demand for labour that will likely soon drive unemployment to its lowest since…
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by growing competition, though the prospect…