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Indonesia, Australia sign deal to end spying row
Indonesia and Australia on Thursday signed an agreement aimed at drawing a line under a damaging espionage row and paving the way for the resumption of full cooperation on issues such as defence. Ties between the neighbours sank to their lowest point in years in November after reports that Australian spies tried to tap the phones of President Susilo Bambang Yudhoyono and his inner circle ...(8/28/2014 3:30:41 AM)
Indonesia, Australia sign new security agreement
BALI, Indonesia (AP) — Often-testy neighbors Indonesia and Australia signed a new security agreement on Thursday to mend a relationship badly damaged by allegations last year that Australia was listening to the telephone conversations of President Susilo Bambang Yudhoyono and his wife.(8/28/2014 6:34:42 AM)
Virgin Australia annual net loss triples
Virgin Australia on Friday posted an annual net loss of Aus$355.6 million (US$332 million) as intense competition led by Qantas, weak consumer sentiment and high taxes hurt its bottom line. The country's second largest carrier also announced the sale of a 35 percent stake in its frequent flyer programme to private equity firm Affinity Equity Partners, boosting its cash balance by Aus$336 million ...(8/29/2014 3:05:33 AM)
Australia Risks Imperiling Renewables on Panel Findings
A government-appointed panel gave Australian Prime Minister Tony Abbott two options to cut emissions more cheaply: either scrap or weaken its main clean- energy program.(8/28/2014 4:38:05 PM)
Do you play for 'Team Australia'? Muslims debate anti-terrorism push
Australian Prime Minister Tony Abbott has divided the country’s Muslim community by insisting it becomes part of his “Team Australia” project to combat the threat of homegrown terrorism.  Mr. Abbott invoked the rhetoric again on Tuesday when announcing a $64 million (Australian; US $60 million) anti-terrorism package that includes $11 million for community-based projects aimed at preventing ...(8/28/2014 10:17:41 AM)
Virgin Australia airline posts $333 million loss
SYDNEY (AP) — Australia's second largest airline, Virgin Australia Holdings Ltd., said on Friday it lost 356 million Australian dollars ($333 million) in its last fiscal year, a three-fold increase over the previous year.(8/28/2014 9:04:39 PM)
Australia to Sell Largest Health Insurer Medibank in 2014 IPO
Australia plans to sell shares in Medibank Private Ltd. before the end of the year, adding to the highest level of initial public offerings in the nation since 2005.(8/29/2014 2:19:03 AM)
Rugby - Australia to allow Wallabies overseas stints
Australia is to allow centrally contracted players to move overseas temporarily from 2016 and still retain their test eligibility for at least part of the(8/27/2014 9:20:10 PM)
Australia's consumer watchdog sues US games giant Valve
Australia's consumer watchdog Friday said it was taking online US video games giant Valve to court for allegedly making "false or misleading representations" and refusing to offer refunds. The Australian Competition and Consumer Commission said Valve Corporation, which operates digital video games distribution platform Steam for more than 65 million customers worldwide, allegedly breached local ...(8/29/2014 5:00:35 AM)
Australia and US to share information on travelers
The Australian and U.S. governments signed an information-sharing agreement Wednesday to bolster each country's ability to confirm identities of foreign travelers. The agreement for the sharing of visa ...(8/27/2014 10:02:13 AM)
Source: Yahoo