RBA warns against Australia’s undue economic pessimism
SYDNEY, Oct 13 : Australia risks falling into “chronic pessimism” if it allows uncertainty about the future to obscure the strong fundamentals of the country’s economy, a top central banker said on...
View ArticleNZ police arrest man over infant formula contamination threat
WELLINGTON, Oct 13 : New Zealand police said today a 60-year old businessman has been arrested and charged with two counts of criminal blackmail after an 11-month investigation into a threat to...
View ArticleAustralia consumer confidence rebounds, upbeat on jobs
SYDNEY, Oct 14 : A measure of Australian consumer sentiment rebounded in October as people became more optimistic about the near-term economic outlook while confidence on the labour market was its...
View ArticleAustralia okays Adani’s mining project, slaps “strictest” environmental...
Sydney, Oct 15: Indian-origin Adani Group got a major relief today as the Australian government cleared the way for its 16 billion dollar Carmichael Coal Mining and Rail project in remote Queensland,...
View ArticleAustralia shares tick sideways as China data fails to inspire
SYDNEY, Oct 19 : Australian stocks closed flat on Monday as some weak economic figures from China undermined momentum from a massive rally in Westpac Banking Corp. Data showed China’s third quarter...
View ArticleAustralia’s Ten plans equity boost from News Corp’s Foxtel as losses mount
SYDNEY, Oct 26 : Australian broadcaster Ten Network Holdings Ltd said it would raise A$154 million ($111 million) by selling shares to the Australian pay TV unit of News Corp and existing shareholders...
View ArticleEminent Australians press world leaders to ban new coal mines
MELBOURNE, Oct 27 : Prominent Australians, including a former central bank governor, scientists and doctors, are urging world leaders to impose a moratorium on new coal mines when they meet in Paris...
View ArticleAustralia dlr knocked by Fed, NZ dlr pares losses on RBNZ
SYDNEY/WELLINGTON, Oct 29 : The Australian and New Zealand dollars were bruised on Thursday after a hawkish sounding Federal Reserve revived speculation of a rate hike this year, boosting the U.S....
View ArticleSpace revolution hatching in a New Zealand paddock
AUCKLAND, New Zealand, Nov 3: The next revolution in space, making humdrum what was long the special preserve of tax-funded giants like NASA, will be launching next year from a paddock in New Zealand’s...
View ArticleAustralia shares at 1-mth lows as banks slide
SYDNEY/WELLINGTON, Nov 10 : Australian shares slipped to one-month lows on Tuesday as investors fretted about weakness in commodity prices and a possible interest rate hike in December by the U.S....
View ArticleTwelve members of people smuggling gang arrested -Austrian police
VIENNA, Nov 12 : Twelve members of a human trafficking gang, many of whose victims were from Afghanistan and Syria, have been arrested and international warrants issued for another five, Austrian...
View ArticleHelicopter crashes with seven on board at New Zealand glacier
WELLINGTON, Nov 21 : A helicopter with seven people on board has crashed at Fox Glacier, a popular New Zealand tourism destination, the country’s search and media said today. “A helicopter has crashed...
View ArticleAustralia bushfire kills two people, thousands of animals
SYDNEY, Nov 25: A bushfire in southern Australia has killed two people and thousands of animals and destroyed homes and buildings along a 27-mile front, media reported today, as the blaze headed for...
View ArticleAustralia’s bushfires leave trail of death and destruction
SYDNEY, Nov 26: Fourteen bushfires burning across southern Australia have killed two people, thousands of animals, and destroyed 16 homes, and authorities today said they feared the toll could rise....
View ArticleRio Tinto to go ahead with $1.9 bln bauxite expansion
MELBOURNE, Nov 27: Rio Tinto gave the go-ahead on Friday to expand its bauxite output in northern Australia with a $1.9 billion project, approving a major mine at a time when most miners worldwide are...
View ArticleChris Brown cancels Australian and New Zealand tours after visa denied
SYDNEY, Dec 2 : US singer and hip-hop star Chris Brown today cancelled a tour to Australia and New Zealand, after earlier being refused a visa due to his domestic violence conviction against singer...
View ArticleProtests greet Australia’s first returning nuclear waste
SYDNEY, Dec 5 : Anti-nuclear protesters in rubber dinghies and water police shadowed a vessel carrying a shipment of reprocessed nuclear waste as it docked today at an Australian port after a two-month...
View ArticleAsian central banks, govts breathe sigh of relief after Fed lifts off
SYDNEY, Dec 17 : Asian governments and central bankers breathed a collective sigh of relief on Thursday after currencies edged up and stocks rallied rather than recoiled at the U.S. Federal Reserve’s...
View ArticleMagnitude 6.3 quakes strikes north east of Vanuatu
SYDNEY, Dec 19: An earthquake with a magnitude of 6.3 struck north east of the Vanuatu chain of islands today, the US Geological Survey said. The quake had a depth of 10 km, it said.
View ArticleAustralia evacuates three coastal regions as fire risk grows
SYDNEY, Dec 31: Hundreds of residents and holidaymakers along southern Australia’s popular Great Ocean Road were evacuated today as hot, windy weather threatened to recharge bushfires that destroyed...
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