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 regulator considers greenwashing complaint against Etihad
By Lewis Jackson SYDNEY (Reuters) – Australia’s competition watchdog will consider a greenwashing complaint made against Etihad by a local environmental group that accused the airline on Wednesday of misleading consumers about…
Global turmoil makes Australian banks’ refinancing mountain a harder climb
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – An A$300 billion ($201.21 billion) refinancing task for Australia’s biggest banks is about to get harder, say analysts, as appetite for new debt…
Australian regulator accepts PayPal unit’s undertaking for money laundering laws
(Reuters) – Australia’s financial crime regulator said on Friday it accepted an enforceable undertaking from payments giant PayPal Holdings’ local unit to ensure its compliance with the country’s anti-money laundering and counter-terrorism…
Australian court fines ANZ Group $6.6 million for breaching consumer protection laws
(Reuters) – An Australian court has fined ANZ Group Holdings A$10 million ($6.6 million) in penalties for non-compliance with consumer credit protection laws in a case that stems from the country’s Royal…
Australian food inflation rate falling, but slowly – country’s top grocer
SYDNEY (Reuters) – Australia’s top grocer said on Tuesday that while the food inflation rate was beginning to decline, prices were taking longer than expected to retreat off pandemic highs. Woolworths Group…
Australian regulator grants interim authorisation to Jetstar’s Asian operations
(Reuters) – Australia’s competition regulator on Friday granted interim authorisation to Qantas Airways and its budget arm Jetstar for a continued coordination of two Jetstar Asian-based joint ventures – Jetstar Asia and…
Record retail theft puts pressure on Australian supermarket giants
By Byron Kaye SYDNEY (Reuters) – Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd and Coles Group Ltd that are already…
More work needed on AUKUS technology sharing – British, Australian officials
WASHINGTON (Reuters) – More work is needed to break down bureaucratic barriers to technology sharing in the second pillar of a trilateral defense agreement between Australia, Britain and the United States, British…
Australian monthly consumer prices up less than expected in Jan
SYDNEY (Reuters) – A measure of Australian consumer prices rose by less than expected in January thanks to a drop in the cost of travel, clothing and fruit and vegetables, a promising…
VIDEO RELEASE: AMO Agents Rescue an Australian National from Freezing Conditions in Mountains
TUCSON, Ariz — A stranded hiker was rescued Friday, by an aircrew from U.S. Customs and Border Protection (CBP). CBP’s Air and Marine Operations (AMO) Tucson Air Branch launched a UH-60 aircrew…
Australian pallets maker Brambles hikes annual profit outlook; shares jump
By Harish Sridharan (Reuters) -Australian logistics company Brambles Ltd raised its annual earnings outlook on Friday as it offset cost pressures with product price hikes, sending its shares 7.5% higher in their…
China boosts Australian coal imports on hopes for more easing of curbs -traders, data
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) -Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed…
Rescue operation for Australian professor, others taken hostage in Papua New Guinea -police
By Kirsty Needham SYDNEY (Reuters) -A police operation is underway to rescue an Australian university professor and three researchers taken hostage in the remote highlands of Papua New Guinea, the Pacific island…
Australian consumers shell-shocked as interest rates climb
SYDNEY (Reuters) – Australian consumer sentiment took a dark turn last week after the country’s central bank raised interest rates to a decade high and warned yet more pain lay ahead for…
Fortescue Metals preparing to cut up to 1,000 jobs – The Australian
SYDNEY (Reuters) – Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on…
Australian bank performance ‘as good as it gets’ as economy starts to cool
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – A run of strong earnings and stock market outperformance at Australia’s “big four” banking giants is set to fade later in 2023, investors…
Rio Tinto apologises for loss of tiny radioactive capsule in Australian outback
MELBOURNE (Reuters) – Rio Tinto Ltd apologised on Monday for the loss of a tiny radioactive capsule that has sparked a radiation alert across parts of the vast state of Western Australia.…
Australian park rangers say ‘Toadzilla’ could be world’s biggest toad
By James Redmayne and Joseph Campbell SYDNEY (Reuters) – Australian park rangers believe they have stumbled upon a record-breaking giant toad deep in a rainforest. Dubbed “Toadzilla”, the cane toad, an invasive…
Senior Australian official asks China to remove trade impediments
SYDNEY (Reuters) -Australia’s Assistant Minister for Trade Tim Ayres called for the removal of China’s “trade impediments” on Australian exports in a meeting with his Chinese counterpart on the sidelines of the…
Upcoming Chinese holiday, high coal stocks keeping lid on Australian trade
By Muyu Xu and Melanie Burton SINGAPORE/MELBOURNE (Reuters) – Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday and high domestic inventories, meaning few deals have…
Australian CPI inflation rebounds to annual 7.3% in Nov
SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to peak. Data from the…
Apple’s Australian workers go on Christmas strike demanding better wages, work terms
(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and wages, a workers’ union said, a move that might dent sales of the tech giant…
Australian stock exchange’s blockchain failure burns market trust
By Byron Kaye SYDNEY (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs the Australian stock exchange, told…
Australian firms turn pessimistic even as business remain brisk
SYDNEY (Reuters) – Australian businesses turned in a pessimistic outlook for the first time this year in November as they worried about inflation and higher interest rates taking a toll on consumers…
Australian minister urges greater U.S. economic engagement with Indo-Pacific
WASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a regional trade pact was still being felt and that enhanced U.S. economic…
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