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Australia to triple fees on foreign purchasers of existing homes

Australia to triple fees on foreign purchasers of existing homes

Sun, Dec 10, 2023

The centre-left Labor government would also cut application fees for foreign investment in "build to rent" projects to encourage construction of more homes, Chalmers said.

Australian regulator calls for new competition laws for digital platforms

Australian regulator calls for new competition laws for digital platforms

Mon, Nov 27, 2023

Must ensure competition laws are fit for purpose to respond to the potential challenges posed by emerging technologies such as generative AI and virtual reality, ACCC said.

Australian Foreign Minister Penny Wong Arrives in Delhi | India-Australia 2+2 Dialogue

Australian Foreign Minister Penny Wong Arrives in Delhi | India-Australia 2+2 Dialogue

Mon, Nov 20, 2023

Australian Foreign Minister Penny Wong arrived in Delhi on November 20. Penny Wong is in Delhi to attend the second Ind-Aus 2+2 Ministerial Dialogue. 2+2 dialogue will be co-chaired by Indian Defence Minister Rajnath Singh, EAM Dr Jaishankar and their Australian Counterpart. Deputy PM, Defence Minister Richard Marles, Foreign Minister Penny Wong will represent Australia. A wide range of strategic, defence and security issues are expected to be discussed between the two countries.

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Australia inks mega deal to buy French submarines

Australia inks mega deal to buy French submarines

Tue, Dec 20, 2016

Australia on Tuesday signed a mega deal to purchase a fleet of next-generation submarines from France, with Prime Minister Malcolm Turnbull hailing the vessels` "cutting-edge technology".

Australia's budget drips with red ink, top credit rating at risk

Australia's budget drips with red ink, top credit rating at risk

Mon, Dec 19, 2016

Australia`s conservative government on Monday forecast a Australian dollar 10 billion deterioration in its budget deficit over the next four years but still hoped to snatch a surplus by 2021 and forestall a damaging downgrade of its top credit rating.

Cognizant to acquire Australia's Adaptra for 'undisclosed sum'

Cognizant to acquire Australia's Adaptra for 'undisclosed sum'

Sat, Dec 17, 2016

Nasdaq-listed IT major Cognizant has entered into an agreement to acquire Australia-based consulting, business transformation and service provider Adaptra, for an "undisclosed sum".

India to have highest salary increase in Asia Pacific in 2017

India to have highest salary increase in Asia Pacific in 2017

Mon, Dec 12, 2016

India and Vietnam will have the highest salary increases next year with a projected rise of 10.8 % and 9.2 % respectively among Asia Pacific's emerging economies, according to a report by a global consulting firm.

Qantas to operate non-stop flights from Australia to London

Qantas to operate non-stop flights from Australia to London

Mon, Dec 12, 2016

Qantas plans to operate non-stop flights from Perth to London, the world`s first regular passenger service linking Australia directly to Europe in a move hailed by tourism groups on Monday.

Australia's economy slows 0.5% in September quarter as government spending falls

Australia's economy slows 0.5% in September quarter as government spending falls

Wed, Dec 07, 2016

Australia`s economy contracted for just the fourth quarter in 25 years, official data showed on Wednesday, slowing the annual growth rate to 1.8% amid weaker government and consumer spending on top of softer trade figures.

Adani secures milestone in planned $16 billion Australian coal project

Adani secures milestone in planned $16 billion Australian coal project

Mon, Dec 05, 2016

Adani Enterprises Ltd reached a milestone on Monday in its bid to build a controversial $16 billion coal project in northern Australia, winning approval for part of a rail link to service the planned mine.

China's exports drop 7.3% on-year in October

China's exports drop 7.3% on-year in October

Tue, Nov 08, 2016

China's exports slid 7.3% year-on-year to $178.2 billion in October, data showed on Tuesday, as weak global demand weighed on the world's second-largest economy.

YouTube signs up 'The Rock' for new pay channel

YouTube signs up 'The Rock' for new pay channel

Tue, Oct 18, 2016

YouTube has signed up the world's highest paid actor Dwayne "The Rock" Johnson and Doug Liman, the director of "The Bourne Identity", to make shows for its subscription service, it said late on Monday.

Queensland govt invokes special powers to speed up Adani project

Queensland govt invokes special powers to speed up Adani project

Mon, Oct 10, 2016

Lynham said the declaration was based on advice from the independent Coordinator-General, who continued to meet regularly with Adani for the progress of the project.

India's salary growth at 0.2% since 2008 recession, China's at 10.6%

India's salary growth at 0.2% since 2008 recession, China's at 10.6%

Thu, Sep 15, 2016

India has seen a salary growth of just 0.2% since the great recession eight years back, while China recorded the largest real salary growth of 10.6% during the period under review, says a report.

Coca-Cola sign in Australia sells for $75,000

Coca-Cola sign in Australia sells for $75,000

Tue, Sep 13, 2016

An Australian auction to sell off a massive iconic Coca-Cola signage in Sydney has come to an end with over $75,000 received from local and overseas bidders, authorities said on Tuesday.

Samsung Australia recalls over 50,000 Galaxy Note 7

Samsung Australia recalls over 50,000 Galaxy Note 7

Tue, Sep 06, 2016

As part of its global recall of Galaxy Note 7 after reports of battery explosion surfaced, Samsung Australia has formally recalled 51,060 such devices.

Adani Enterprises rises over 1% on Australian court judgement

Adani Enterprises rises over 1% on Australian court judgement

Mon, Aug 29, 2016

The challenge came from the Australian Conservation Foundation (ACF). This is another legal hurdle cleared by the company.

India named 7th wealthiest nation; is it really?

India named 7th wealthiest nation; is it really?

Wed, Aug 24, 2016

India, a country which was home to the largest number of poor people in the world, according to 2012 estimates, has now featured in the

India beats Canada, Australia to rank 7th on top 10 wealthiest nations' list

India beats Canada, Australia to rank 7th on top 10 wealthiest nations' list

Tue, Aug 23, 2016

India has figured among the top 10 wealthiest countries in the world with a total individual wealth of $5,600 billion while the United States topped the chart.

China's July exports up 2.90% in yuan terms: Customs

China's July exports up 2.90% in yuan terms: Customs

Mon, Aug 08, 2016

Total trade volume with the European Union (EU), China's biggest trading partner, rose 1.8% in the first seven months of the year, Customs said in a statement, and was up 0.8% with Japan.

GST regime likely to have minimum impact on CPI inflation: SBI

GST regime likely to have minimum impact on CPI inflation: SBI

Fri, Aug 05, 2016

The implementation of the GST Bill in the country is likely to have a minimal impact on the Consumer Price Index-based (CPI) inflation, the State Bank of India (SBI) said in its latest research report.

GST: Tax rates that other countries charge

GST: Tax rates that other countries charge

Wed, Aug 03, 2016

The Goods and Service Tax (GST) Consitutional Amendment was finally passed after 16 years as the Rajya Sabha voted in favour of it on Wednesday. The bill was unanimously passed by the members of the house.

After Australia, Mitsubishi now recalls over 7,500 vehicles in China over safety hazards

After Australia, Mitsubishi now recalls over 7,500 vehicles in China over safety hazards

Sat, Jul 02, 2016

Mitsubishi Motors on Friday recalled nearly 500,000 vehicles in Australia.

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