Economy

Pacific nations plan new security pact as Chinese aid grows

Jul 6, 2018

Officials say Australia and New Zealand are set to seal a new security agreement with their Pacific island neighbors as China increases its influence in the region

Huawei executive warns Australia risks economy with 5G ban

Jun 27, 2018

A Huawei executive says Australia could damage its economic future if it bans the Chinese telecommunication giant from the nation's next-generation mobile network technology

EU says tax on Harleys aimed to 'make noise' in trade debate

Jun 21, 2018

European Union Trade Commissioner Cecilia Malmstrom says it has targeted some iconic American imports like Harley-Davidson motorbikes and bourbon for tariffs in hopes that it will "make noise" in the trade debate and put pressure on U.S. leaders

China ambassador urges Australia against 'bias and bigotry'

Jun 19, 2018

China's ambassador to Australia says the strained diplomatic relationship between the two countries needed to move away from "bias and bigotry" and build trust

EU trade commissioner says trade liberalization has momentum

Jun 18, 2018

European Trade Commissioner Cecilia Malmstrom says trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports

Australia says wine delays at China ports are 'irritation'

Jun 6, 2018

Australia's trade minister says weeks of delays at Chinese ports of Australian wine exports are an "irritation" in a bilateral trade relationship that is thriving despite diplomatic tensions

Australian says China uses different tone in private talks

May 31, 2018

An Australian official says China uses a different tone in private talks than it used in a recent public statement that demanded Australia take off its "tinted glasses" and take "concrete actions" to improve bilateral ties

New Zealand to spend billions on fixing hospitals, schools

May 17, 2018

New Zealand's government plans to spend billions of dollars rebuilding rotting hospitals and improving other infrastructure as the economy continues to grow at a healthy clip

New Zealand central bank governor says economy in sweet spot

May 10, 2018

New Zealand's new central bank governor says he has started his job with the economy in a sweet spot thanks to robust growth, high levels of employment and low inflation

Australia reveals pre-poll plan to balance budget in 2 years

May 8, 2018

Australia reveals pre-poll plan to balance budget in 2 years while cutting taxes

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