Economy of Australia

Headlines

Chinese Court Convicts Australians In Crown Gambling Case

Nineteen current and former employees of Australia's Crown Resorts company pleaded guilty to gambling-related charges...

Headlines

Australia’s Crown Resorts Staff Face Trial In China

A Chinese court opened a trial on Monday for 19 current and former employees of Australia's Crown Resorts company who...

Headlines

Crown Staff Charged In China Gambling Crackdown

Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in...

Headlines

US Firm Sparks Bidding War For Australia’s Fairfax Media

American investment firm Hellman & Friedman has kicked off a bidding war for Australia's Fairfax Media by making a...

Headlines

TPG Ups Bid For Australia’s Fairfax Media

A consortium led by private equity giant TPG Capital upped its offer for troubled Fairfax Media Monday and now wants to...

Headlines

Fairfax Media Staff Strike For A Week Over Job Cuts

Staff at Australia's Fairfax Media walked off the job for a week on Wednesday in protest at more hefty job cuts as the...

Headlines

New Zealand Watchdog Rejects Media Merger

A merger of New Zealand's two largest media companies was rejected Wednesday as the country's competition watchdog...

Headlines

Tech Billionare Buys Sydney Mansion For Record Price

Tech billionaire Scott Farquhar has bought a Sydney waterfront mansion for an Australian record Aus$75 million (US$56...

Headlines

Australia Wheat Board Chairman Punished Over Iraq ‘kickback’

The former chairman of an Australian wheat firm was fined Aus$50,000 (US$37,500) Monday and banned from managing a...

Headlines

Aussie Beer Boycott Over Christian Gay Marriage Video

Leading Australian brewery Coopers apologised Wednesday after pubs vowed a boycott over its links to a Christian...

International

Australia Goes 25 Years Without Recession

Australia's economy gained momentum in the last quarter of 2016, allowing the resource-rich economy to extend its...

International

Australia’s Richest Woman To Buy Kidman Estate

Australia has given approval for the sale of the country's largest private landholding, the Kidman estate. It will go...