Australia

Australian Miner Liontown Signs Lithium Deal With Ford

The agreement with the US carmaking giant comes on the heels of similar deals with Tesla and South Korean battery…

15 hours ago

Digital Bank Pioneer in Australia Shuts Down, Returns Licence

Volt Bank, which in February said it intended to raise A$200 million ($138 million), said it was unable to secure…

16 hours ago

Australia Plugs Back Into Coal to Avoid Power Blackouts

More than 1,900MW of capacity is back on line since Wednesday, the industry group that represents generators said on Friday,…

2 weeks ago

Blackstone Nears $6.3bn Crown Bid After Regulators’ Approval

Crown Resorts, 37% owned by billionaire James Packer, has been under pressure for years since inquiries found it enabled money…

3 weeks ago

Falling China Rocket to Blame for ‘Meteor Shower’ – ABC

Streaks of light lit up the skies over Broome, in the northwest of Western Australia in the early hours of…

4 weeks ago

Housing Prices in Australia Fall Amid Rate Hike, Rising Costs

Prices nationwide fell 0.1% in May, dragged down by a 0.3% drop in the major cities, and while annual growth…

4 weeks ago

Australia to Spend $385m on High-Tech US Artillery

The High Mobility Artillery Rocket Systems are part of Canberra's desire to boost its military presence in the Indo-Pacific region

1 month ago

Australia’s Crown Casino Approves $6.3bn Sale to Blackstone

A shareholder ballot with 99.9% of votes in favour of the Blackstone buyout effectively ended one of Australia's most storied…

1 month ago

Australia’s Falling Jobless Numbers Fuel Talk of Rates Rise

The fall in unemployment will be welcomed by Prime Minister Scott Morrison, who has made jobs the clarion cry of…

1 month ago

Japan’s Mitsui Buys Stake in Australian Carbon Farming Firm

Australia's Climate Friendly, majority-owned by private equity firm Adamantem Capital, generates carbon credits from projects that regenerate vegetation or improve…

2 months ago

Australian Central Bank Warns of More Interest Rate Rises

The central bank's drastic inflation revisions could foreshadow how far interest rates might have to rise to bring the country's…

2 months ago

US Aim to Counter China Hurt by Asia Doubts on Missile Bases

The report by the Rand Corporation said that Australia, Japan, the Philippines, South Korea and Thailand are all reluctant to…

2 months ago