Australia's mining boom strengthened the country's trade surplus that has hit a seven-month high to A$2.33 billion ($2.5 billion), from a revised A$1.62 billion surplus in April, the Bureau of Statistics said in a report in Sydney on Tuesday.
Australia's Lynas Corp. took in a new shareholder as Japanese bank Mitsubishi UFJ Financial Group has taken close to a 10 percent stake in the mining firm worth $324 million.
See how the Duchess of Cambridge pulls herself together despite angry winds, splashes of water, and other uncontrollable elements.
A spur of new orders for goods gave a glimmer of hope to Australia's services sector industry in June and possibly in the coming months.
Blame it to the camel, which according to an Aussie firm, contributes as much as one tonne of carbon dioxide emission each year to the country’s atmosphere basing on their last accounted population of about 1.2 million heads.
The Royal couple added a dose of adventure to their 8-day stay in Canada as they participate in a Chinese dragon race against each other.
While on their 5th day visiting Canada, William, The Duke of Cambridge took part in an emergency helicopter landing drill while his wife Catherine, watched on.
According to a body language expert, the Royal Couple's affection is evident in the way they address each other with their movements.
See new photos of the Royal couple as they continue their 8-day Canadian tour
Tiger Airways intends to cooperate with Australia’s aviation regulator following the suspension of its domestic services within the country on Friday last week as ordered by the Civil Aviation Safety Authority (CASA).
Australia’s consumer inflation rates remained flat in June that may reduce the pressure on the central bank to increase benchmark interest rates in the near term, according to the private-sector led survey by TD Securities and the Melbourne Institute.
Attorney-General Robert McClelland today released new research which shows nearly one in six Australians have been a victim or known somebody who has been a victim of identity theft or misuse in the past six months.
Thais had voted for their first woman prime minister. Yingluck Shinawatra received the highest votes so far as the Elections Commission finish their tallying until this afternoon. Other leading candidate, concurrent Prime Minister Abhisit Vejjajiva has conceded defeat on Sunday evening.
The manufacturing sector in Australia has begun its positive production kick in four months in spite the difficulties in coping with the high value of the Australian dollar and subdued local demand.
Investors at the Australian Stock Market is expected to rebound albeit cautiously at today's trading. Here are the views of two of the top market analysts on how the market will likely perform on 4 July, Monday.
Prime Minister Julia Gillard has soften her tone and argued with new semantics to push for the carbon tax.
An independent team studying the environmental impact of Australia's Lynas Corp.'s proposed rare earths facility in Malaysia said more safety measures need be in place.
Winter fire safety warnings were reiterated today after three people were caught in house fires in Sydney overnight.
The Duke of Cambridge and his wife Duchess Catherine Middleton visit a youth reception in Ottawa, Canada, their first stop for an 8-day tour of the country,
Lately, the prince has been linked to Pippa Middleton and blonde bombshell Florence Brudenell-Bruce, but his history with women say a lot about his personality as a "ladies man".
Just because he's a prince with many responsibilities doesn't mean Prince Harry can't have a little fun.
Major landlords and the City of Sydney will today sign a deal to cut carbon emissions and improve the sustainability of buildings in the nation's largest CBD.
The proposed mining tax will successfully pass the parliamentary scrutiny and keep its present form, according to Prime Minister Julia Gillard, who believes that firm backings from independent MPs will seal the measures’ good fortunes.
Standard & Poor's has threatened to downgrade the U.S. sovereign rating, which is currently 'AAA', to 'D', meaning a default in the country's credit worthiness, if the government fails to honor U.S. Treasury debt payments. On this predicament, the IMF said: "At the opposite extreme, an excessively front-loaded adjustment could hurt the recovery. And a worsening of financial turmoil in European sovereign and bank debt markets could hurt U.S. growth through financial sector l...
Australia’s renewable energy sector has reassured consumers about the safety of household solar power systems after NSW Government released a statement yesterday discussing the results of an audit conducted by the Office of Fair Trading.
Small business support for the Australian Government has fallen to a 15-year low, according to the Sensis Business Index released today. SMEs have become much less supportive of the Federal Government’s policies, with the indicator declining sharply during the quarter to be the lowest level since February 1996.
Despite the nuclear meltdown scare spawned by Japan’s near-uranium leak, Rio Tinto said on Wednesday that it remains committed to stay in the uranium mining operations even as the global resource giant has admitted that growth in the sector could some snag over the next 10 years.
Australia's small, non-bank lenders have begun applying small increases in its upfront home loan fees and discharge fees in response to the loan exit fee ban.
Reforms sought by countries outside the European bloc, which include Australia, appeared to have missed the mark as the International Monetary Fund board voted on Tuesday to seat its new managing director, Christine Lagarde of France, and keep control of the influential financial institution on the Euro side.
Although most of the 22 million Australians are of British or Irish origin, the councilors at Sydney this week agreed to use the word "invasion" -- instead of "arrival" as proposed in the original plan, or "colonisation" as proposed in a compromise -- in its preamble to the council's new 2030 master plan.
