The federal government has released key proposals aiming to further strengthen regulation of Australia’s remittance business as it hinted the introduction of tougher measures on money forwarders who could be utilised by launderers and human smugglers.
Trouble looms over BHP Billiton as it faces a controversial a graft scandal on its exploration project in Cambodia.
The anticipated growth in the iron ore and coal sectors are pushing the Reserve Bank of Australia to increase interest rates, according to the minutes of the central bank's board meeting in April showed.
The Australian Bureau of Statistics (ABS) has announced Thursday that the country achieved its first trade surplus in 13 months, with its balance of goods and services surpluses reaching a seasonally adjusted $134 million in April, coming from the March revised deficit of $2.04 billion for a turnaround of $2.174 billion.
Now this is a more significant outcome from the monthly ANZ jobs ads series.
