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Keywords: Australia
Australia’s largest supermarket chain, Woolworths, has seen its market value drop by over $5 billion as it faces challenges in restoring customer “price trust” and managing product availability. Sales for the year to June rose just 3%, with July and August growth at 2% compared to last......
Australia has taken a historic diplomatic step by expelling Iranian Ambassador Ahmad Adeghi and three other diplomats, accusing Tehran of orchestrating anti-Semitic attacks on Australian soil. The move, announced on Tuesday, marks the most significant action Australia has taken against Iran since World......
Thousands of Australians took to the streets over the weekend to demonstrate in support of Gaza, amid ongoing tensions following the Israeli military operations in response to the Hamas offensive of October 7, 2023. According to the Palestine Action Group, more than 40 rallies were held nationwide,......
The Albanese government has announced a series of reforms aimed at cutting red tape and fast-tracking approvals for new homes, seeking to tackle Australia’s ongoing housing crisis. The measures include pausing further residential changes to the National Construction Code, establishing a “strike......
Australia’s east coast is bracing for yet another week of persistent rainfall and storms, with meteorologists warning that there is little sign of relief in sight. According to the Bureau of Meteorology, showers and thunderstorms are expected every day next week, stretching from Illawarra and......
Qantas has canceled flights at twice the rate of its main domestic competitor, Virgin Australia, according to a new report from the Australian Competition and Consumer Commission (ACCC). The watchdog also noted that airfares have risen despite falling jet fuel prices. Virgin Australia canceled an average......
Australia’s largest bank, Commonwealth Bank (CBA), reported a record annual cash profit of AUD 10.25 billion for the year ending June 2025, representing a 4% increase compared to the previous year. The bank also announced a generous dividend payout of AUD 2.60 per share, totaling AUD 4.85 for the......
Australia will formally recognize the State of Palestine at the United Nations General Assembly (UNGA) in September, marking a significant diplomatic shift for a nation traditionally aligned with Israel. Prime Minister Anthony Albanese announced the decision on Monday, calling a two-state solution “humanity’s......
In the scenic town of Queenstown, New Zealand, Australian Prime Minister Anthony Albanese and his New Zealand counterpart Christopher Luxon met over the weekend to reinforce their countries’ historic partnership in a time of global instability. Despite the icy weather, their relationship appeared......
