Australia's employment market is firmly entrenched on the frontline of an economy in desperate transition as job cuts across manufacturing and mining have been compounded this month by upheavals at Holden, Toyota and the national airline Qantas.
Australia's supermarket giant Coles will open 70 new stores and create 16,000 jobs across the country over the next three years, local media reported on Wednesday.
Toyota Australia announced on Monday that it will stop making cars in Australia by 2017. This much anticipated decision, following similar moves by Ford and General Motor Holden last year, has marked an end to the country's car manufacturing industry.
The Australia-India Roundtable, a critical informal dialogue between the two countries, kicks off Monday in Sydney and comes at a strategic crossroads for the bilateral relationship, strained by recent controversies from accusations of racism to a stand-off over divergent nuclear policies.
The year 2013 has been confirmed as Australia's hottest calendar year on record, the Bureau of Meteorology (BoM) said on its Annual Climate Statement 2013 released on Friday. The statement said Australia's average temperatures in 2013 were 1.20 degree Celsius above the long-term average of 21.8 degree Celsius, breaking the previous record set in 2005 by 0.17 degree Celsius.
Australian Prime Minister Tony Abbott's chief business adviser Maurice Newman blamed climate change policies for the collapse of manufacturing sector, triggering criticism from opposition parties on Tuesday.
Australian Treasurer Joe Hockey announced on Friday that the Australian government has conditionally approved a foreign investment application from the State Grid Corporation of China to acquire 19.9 percent of SP AusNet and 60 percent of SPI (Australia) Assets Pty Limited and SPI (Australia) Trust (trading as Jemena).
The Australian government will deliver fund to help create jobs in the states affected by the closure decision of GM Holden, Australian iconic automobile maker, Prime Minister Tony Abbott and Industry Minister Ian Macfarlane announced in a joint press conference in Canberra on Wednesday.
Among the disturbing footage, a bound animal is blinded with a knife, while another is knee-capped with bullets from an assault rifle.
Seventeen ministers from Australia and PNG attended the Forum held at the Parliament House in Canberra
Australia's carmaker Holden with a history of 157 years announced on Wednesday it will cease operation in 2017, resulting in job loss for 3,000 employees.
Despite living in the 'Digital Age, ' Australia is not currently prepared to take full advantage of the services afforded by next generation broadband
Australia's free trade agreement with South Korea has received mixed responses from opposition party and some trade unions.
Myanmar opposition leader Aung San Suu Kyi's week-long visit to Australia, which ended on Monday, has boosted bilateral relations and cooperation between Myanmar and Australia, officials said.
In a coup for Australia's leading securities exchange, the Chinese oil and gas recovery specialist, Sino Australia Oil & Gas Ltd announced Friday its intention to list on the Australian Securities Exchange (ASX) in December following the successful completion of its initial public offering (IPO).
Australian Prime Minister Tony Abbott said Wednesday that his government is going to take some time to reflect on Indonesian President Susilo Bambang Yudhoyono's response to restore the bilateral relations in the wake of spying scandals.
About 200 people staged a rally outside Australian Embassy in Jakarta on Thursday, expressing disagreement with Australia's tapping action.