CANBERRA, Nov. 6 (Xinhua) -- Australian federal government on Sunday signaled its mid-year budget review will reveal a lower- than-estimated growth rate for the Australian economy. Federal Treasurer Wayne Swan and Federal Finance Minister Penny Wong...
Bad news for Australian economy Report Australia now knows the cost of its summer of disasters, with the flooding and a cyclone in resources-rich Queensland hitting the country's bottom line. It's contributed to a 1.2 % fall in GDP, the biggest contr...
Australian Prime Minister Julia Gillard reaffirmed her support for the war in Afghanistan and pledged cooperation with the United States on issues in the Asia-Pacific region during an address to the U.S. Congress. Prime Minister Gillard delivered wha...
CANBERRA, Oct. 14 (Xinhua) -- The Australian dollar hit a 28 year high as it edged closer to parity with the U.S. dollar, rising to a new post-float record of 99.70 U.S. cents on Thursday morning. At 11:15am (AEDT) on Thursday, the local unit was tra...
CANBERRA, Sept. 30 (Xinhua) -- Australian federal government（联邦政府） on Thursday announced it will immediately lift a freeze on the processing of claims from Afghanistan（阿富汗） asylum seekers. The six-month freeze on processing, whi...
Mining heavyweights Rio Tinto and BHP Billiton will combine their large Australian iron ore operations. It follows the collapse of a controversial deal that would have seen the Chinese take an 18 percent stake in Rio Tinto, which is beset with large...
Australian Prime Minister Kevin Rudd is on his way to the United States for his first meeting with President Barack Obama. The global financial crisis will feature heavily during Mr. Rudd's discussions in Washington. During his two-week trip oversea...
Australian farmers are urging their political leaders to secure a swift trade accord with South Korea, ahead of free-trade negotiations that are scheduled to start in May. Australian beef producers are worried that their hopes for greater access to...
