US-Australia talks focus on China’s ‘coercive behaviour’ and rising Middle East tensions
The annual Australia-US Ausmin talks, taking place in Annapolis, Maryland, include the top defence and diplomatic officials from both nations.
Asian news from Australia
Australian state orders public servants to stop remote working after a newspaper campaign against it
WELLINGTON, New Zealand (AP) — The government of Australia’s most populous state ordered all public employees to work from their offices by default beginning Tuesday and urged stricter limits on remote work, after news outlets provoked a fraught debate about work-from-home habits established during the pandemic.
Australian central bank 'near-term' interest rate cuts not on agenda
SYDNEY -- The Reserve Bank of Australia on Tuesday again held its official cash rate steady, with Governor Michele Bullock effectively ruling out a cut this year as inflation in the country remains "too high."
Anti-dumping duty on Philippine canned pineapples: a thorn in Australia-Manila strategic ties?
But the tariffs of between 5.9 and 22.9 per cent were reapplied a year later following an appeal from Golden Circle, Australia’s only producer of canned pineapples. Another separate measure against larger quantities of pineapples used in food services was removed and remained so.
Australia’s cap on foreign students could cost economy US$2.8 billion, universities warn
Australian universities have warned of mass job losses if the government moves too quickly to impose caps on international student numbers, with one industry body calling the proposed policy an unprecedented “ministerial overreach.”
Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
A rapid unloading of "carry trades" extended on Monday, with market participants seeking to roll back on the popular strategy amid a dramatic global sell-off in risk assets.
Japan's Nikkei logs worst day since 1987 Black Monday crash
Japan stocks confirmed a bear market on Monday as Asia-Pacific markets continued the sell-off from last week, with the Nikkei 225 and Topix dropping over 12%.
Australian authorities euthanize 16-foot crocodile blamed for a fatal attack, the second in a month
MELBOURNE, Australia (AP) — Authorities killed on Monday a large crocodile thought responsible for Australia’s second fatal attack in a month.