Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living.
Australia employment surprised in January by falling for a second straight month while the jobless rate jumped to its highest since last May, a soft result that could lessen pressure for further aggressive interest rate hikes.
Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, adding a powerful voice from inside the sector calling for regulation.
Shares of Star Entertainment Group fell to a record on Tuesday, extending losses after the Australian firm warned of an up to A$1.6 billion ($1.11 billion) hit to half-yearly earnings from a proposed casino duty rate hike in New South Wales (NSW).
A 16-year-old girl died after being mauled by a shark while swimming in a river in Perth, Western Australia.
The move was hailed by the nation's republican movement, which noted that Indigenous people predated British settlement by 65,000 years.
A highly radioactive but tiny capsule has gone missing in Western Australia and has sent authorities on an urgent search.
The late Imogen is described by loved ones as "bright, determined, loving and sassy."
The authorities closed one of the country's famous beaches after sharks brutally attacked a dolphin
A 45-year-old man from Lennox Head drowned while trying to save his daughter after she was swept out to sea at a beach in New South Wales, Australia.
Australia employment unexpectedly dipped in December following an outsized gain the month before in a sign the red-hot labour market might be cooling, though the jobless rate stayed near five-decade lows.
A British couple was among the four people who were killed in a mid-air helicopter crash in Australia.
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 traders, share registry operators and clearing house representatives what they were hoping to hear.
The price cap on Russian oil agreed by the EU, G7 and Australia came into force on Monday. It aims to restrict Russia's revenue as punishment for its invasion of Ukraine, while making sure Moscow keeps supplying the global market.
Australia's Labor government said it will move a parliamentary censure motion against former Liberal prime minister Scott Morrison this week after an inquiry found his secret appointment to multiple ministries undermined trust in government.
Australian police have managed to identify a serial rapist after almost 40 years.
A former British envoy, an Australian economic adviser and a Japanese journalist left Myanmar Thursday as the junta released almost 6,000 prisoners, an AFP correspondent and diplomatic sources said.
An 11-year-old boy died after his father allegedly failed to get him the required medical attention after a snake bit him.
Five lions, including four cubs and one adult, managed to escape from their enclosure at the Taronga Zoo in Sydney for a brief period.
In a surprising finding, scientists in France have been able to discover a very dangerous type of ant for the first time in the country.
Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight that has seen weeks of walkouts at stores around the country.
Following the baby's death, the NSW Health director believes baby slings should be banned to fully eliminate the risk of suffocation.
