Economy

Southeast Asian leaders gather for first Australia summit

Mar 16, 2018

Southeast Asian leaders gather for their first summit in Sydney at the weekend as Australia sets the stage for closer economic and security links to its nearest neighbors and demonstrators prepare to protest Myanmar and Cambodia's human rights records

Turnbull says US set to grant Australia tariff exemption

Mar 10, 2018

The U.S. appears set to grant Australia an exemption from its new tariffs on steel and aluminum imports following discussions between President Donald Trump and Prime Minister Malcolm Turnbull

Australian leader off to US for talks with Trump, governors

Feb 21, 2018

Prime Minister Malcolm Turnbull is heading to the United States, accompanied by the largest Australian political and business delegation ever to visit the U.S.

New Zealand says Pacific trade deal will boost GDP 1 percent

Feb 21, 2018

New Zealand estimates a Pacific trade deal would boost its economy by up to 1 percent as exporters would face reduced tariffs on goods like kiwifruit, wine and beef

Former Aussie leader blames funding for indigenous setbacks

Feb 12, 2018

An Australian prime minister who a decade ago set an ambitious timetable for ending indigenous disadvantage has blamed a lack of government funding for slow progress

Australia plans to become leading defense-industry exporter

Jan 29, 2018

Australia's government announced a strategy to create high-tech jobs and become one of the top 10 defense-industry-exporting countries within a decade through arms sales to liked-minded nations

China protests Australia criticism of Chinese aid in Pacific

Jan 11, 2018

China has protested an Australian minister's criticisms that Chinese aid programs in poor Pacific island countries were creating "white elephants" that threatened economic stability without delivering benefits

Australian car-making ends with last GM plant closing

Oct 20, 2017

The last mass-produced car designed and built in Australia has rolled off General Motors Co.'s production line in Adelaide as the nation reluctantly bid farewell to its auto manufacturing industry

Australia rejects clean energy target for cheaper power

Oct 17, 2017

Australian government rejects plan to generate 42 percent of country's power from wind, solar energy

Australian minister says 'economic refugees' headed for US

Sep 28, 2017

An Australian government minister says that "economic refugees" fleeing poverty rather than persecution are among the first asylum seekers to be resettled in the United States

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