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Australia News

Australia pledges to Queen Elizabeth's trust for jubilee
7 Feb 2012 at 8:39am
Australia said Tuesday there was "nothing valedictory" in its diamond jubilee celebrations for Britain's Queen Elizabeth II, its head of state, as it pledged Aus$5 million to her legacy trust.
Australia keeps interest rates steady at 4.25%
7 Feb 2012 at 5:37am
Australia's central bank left official interest rates steady at 4.25 percent, saying global conditions had, on balance, improved and local growth and inflation were close to target.
Australia Says It Has Right To Restrict Tobacco Packaging
8 Feb 2012 at 7:15am
Australia's government claims in court filings that it has the legal right to enforce plain packaging on the tobacco industry, setting up what's likely to be prolonged legal battle with the world's largest cigarette makers.
Australia floods fail to dampen big cotton crop
7 Feb 2012 at 6:03am
SYDNEY (Reuters) - Australia's projections for a bumper cotton crop remain on track despite a week-long deluge in major growing regions that forced thousands of residents from their homes and left rivers dangerously swollen. Australia is the world's third-largest cotton and sugar exporter, fourth-largest wheat exporter and a big supplier of other agricultural and mineral commodities. Heavy rains ...
Australia imposes new sanctions on Syrian leaders
7 Feb 2012 at 6:51am
CANBERRA (Reuters) - Australia imposed new travel bans and financial sanctions on Syrian leaders on Tuesday as it steps up actions to force an end to violence against Syria's civilian population. Foreign Minister Kevin Rudd said more than 5,000 people had been killed in a year of violence in Syria and President Bashar al-Assad had shown complete disregard for the rights and welfare of the Syrian ...
Australia 'integral' in secret jail
8 Feb 2012 at 7:36pm
Australia was an 'integral' element of the the potentially illegal detention of prisoners of war at a secret Iraqi desert prison in 2003, according to a US military document.
Resurgent Australia wishing for earlier Ashes
8 Feb 2012 at 7:02am
The next Ashes series cannot come quick enough for Australia coach Mickey Arthur after his side whitewashed India and England were beaten 3-0 by Pakistan.
National Australia First-Quarter Profit Rises on Lending Growth
7 Feb 2012 at 4:02am
National Australia Bank Ltd.?s cash profit climbed 7.7 percent in the first quarter as it increased lending faster than rivals, even as the profitability of loans waned on higher wholesale funding and deposit costs.
National Australia First-Quarter Profit Rises on Lending
7 Feb 2012 at 6:17am
National Australia Bank Ltd.?s cash profit climbed 7.7 percent in the first quarter as it increased lending faster than rivals, even as the profitability of loans waned on higher wholesale funding and deposit costs.
National Australia First-Quarter Cash Profit Rose 7.7%
6 Feb 2012 at 10:57pm
National Australia Bank Ltd. said first-quarter cash profit rose 7.7 percent as the nation?s best- performing banking stock in the past 12 months boosted its share of the mortgage market.
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