SYDNEY (REUTERS) – Australia’s second-most populous state reported a small rise in new Covid-19 infections on Tuesday (Aug 11), boosting hopes that case numbers are…
View More Coronavirus infections stabilise in Australia's Victoria state
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Coronavirus: Australia's curbs on travel abroad draw heavy criticism
SYDNEY – Australia’s ban on its citizens and residents travelling overseas has come under heavy criticism and prompted concerns that people have been unable to…
View More Coronavirus: Australia's curbs on travel abroad draw heavy criticism
Australia's Queensland shuts state border to stem Covid-19 second wave
MELBOURNE (REUTERS) – Australia’s Queensland state on Wednesday (Aug 5) said it would close its border with New South Wales state to hold back a…
View More Australia's Queensland shuts state border to stem Covid-19 second wave
Indigenous Australian group blocks Uluru access route over pandemic fears
SYDNEY (REUTERS) – Australia has closed the national park home to its revered indigenous site of Uluru after some in the community blocked an access…
View More Indigenous Australian group blocks Uluru access route over pandemic fears
Australia central bank sees bumpy road to recovery as virus shuts down Victoria
SYDNEY (Reuters) – Australia’s central bank held its cash rate at an all-time low on Tuesday, predicting the economic recovery will likely be both ‘uneven’…
View More Australia central bank sees bumpy road to recovery as virus shuts down Victoria
Coronavirus pushes up Australia's total loan deferrals to $195 billion at June-end
(Reuters) – Australian lenders deferred a further A$40 billion ($28.47 billion) loans in June, the country’s financial watchdog said on Tuesday, as borrowers struggled to…
View More Coronavirus pushes up Australia's total loan deferrals to $195 billion at June-end
Australia court prohibits planned Black Lives Matter protest
SYDNEY (BLOOMBERG) – The Supreme Court in Australia’s New South Wales state ruled against a plan to hold a Black Lives Matter demonstration in Sydney…
View More Australia court prohibits planned Black Lives Matter protest Australians' rush to raid pensions, repay debt bodes ill for big banks
SINGAPORE/HONG KONG (Reuters) – Australians’ deepening raid on their pension funds is driving a surge in debt repayments, which analysts say makes for a double-whammy…
View More Australians' rush to raid pensions, repay debt bodes ill for big banks
Australia's fragile economic recovery rests on virus containment: Reuters poll
SYDNEY (Reuters) – Australia’s economy will rebound in coming months as life returns to some sort of normal, though much depends on whether authorities can…
View More Australia's fragile economic recovery rests on virus containment: Reuters poll
Australian regulator flags change to dividend freeze, calls for prudence
SYDNEY (Reuters) – Australia’s banking watchdog plans to update next week a capital return policy that has halted dividend payments by banks because of the…
View More Australian regulator flags change to dividend freeze, calls for prudence
Australian June retail sales rise 2.4% m/m, extend strong rebound
SYDNEY (Reuters) – Australian retail sales climbed 2.4% in June, a strong outcome given it followed a record 16.9% surge in May as the economy…
View More Australian June retail sales rise 2.4% m/m, extend strong rebound Australia government can borrow more to aid economic recovery, says RBA governor
SYDNEY (Reuters) – Australia’s top central banker on Tuesday urged the government to borrow more and boost public spending to support the country’s economic recovery…
View More Australia government can borrow more to aid economic recovery, says RBA governor
Australia extends JobKeeper wage subsidy, jobless benefit
SYDNEY (BLOOMBERG) – Australia’s government will extend its flagship wage subsidy programme beyond the end of September as it seeks to shore up the economy…
View More Australia extends JobKeeper wage subsidy, jobless benefit
Australian brand fined over 'anti-virus activewear' claim
SYDNEY (AFP) – A popular Australian activewear brand has been fined for implying its “anti-virus” leggings and tops are effective at protecting wearers against the…
View More Australian brand fined over 'anti-virus activewear' claim