Aug 26, 2018
Australia's new prime minister has announced a peace-making Cabinet that does not punish his rivals in a bruising power struggle that ousted his predecessor days ago and divided a government that lags in opinion polls.
CANBERRA, Australia — Australia's new prime minister announced a peace-making Cabinet on Sunday that does not punish his rivals in a bruising power struggle that ousted his predecessor days ago and divided a government that lags in opinion polls.
The fractured conservative coalition government needs to present a united front to voters ahead of elections due by May.
Prime Minister Scott Morrison won a ballot of government lawmakers for the leadership on Friday against rival Peter Dutton.
Morrison had been loyal to his predecessor, Malcolm Turnbull, whom Dutton had demanded prove he had the support of ruling Liberal Party lawmakers in a ballot. Turnbull resigned.
Morrison, who last week was the treasurer, returned Dutton to the home affairs ministry he had held under Turnbull.
Mathias Cormann, a party power broker who backed Dutton, retained his finance portfolio.
Australia's first female foreign minister, Julie Bishop, announced earlier Sunday that she had quit the Cabinet.
The 62-year-old Bishop had had been deputy leader of the ruling party since 2007 and failed to become prime minister in Friday's leadership ballot.
Opposition lawmaker Penny Wong paid tribute to Bishop for her trailblazing role in foreign affairs.
Bishop will be replaced as foreign minister by Marise Payne, Australia's first female defense minister.
The number of borrowers who are behind on their mortgage payments is rising, and it’s likely to climb further as rate hikes bite.
A broad alliance of business chiefs and unions has mounted a last-minute push for the Coalition to pass Labor’s domestic gas-reservation laws.
A new chain will enter Australia’s crowded fast-food chicken market after wowing Anthony Albanese at one of its Manila stores. We put some of its dishes to the test.
Investors are doubling down on speculative wagers that have delivered both spectacular gains and crushing losses this year.
In the airline industry, attention to detail is everything. Boeing’s recovery is tied to reforms on its manufacturing floor in Washington.
Australia’s largest childcare provider has signalled its intent to surrender to a lowball private equity bid as other for-profit providers collapse in record numbers.
At the end, Jensen Huang looked broken and shattered, his legendary energy depleted.
Lift operators, bra fitters and lying sales assistants – I mourn you all.
Elon Musk’s passion project crashed and burned. Its demise carries a lot of weight,
The Australian menswear retailer made its high-flying retail boss redundant days before her scheduled return from parental leave.
Rob and Tammy Charter had other ideas about how they wanted to spend post-work life. Like buying a heritage pub.
Pictures show the damage left by a lightning bolt, with charred areas of the skin and mesh exposed, on a plane that arrived in Melbourne from Los Angeles last month.