Australia's corporate regulator on Tuesday said it will not take further action against the Australian arm of multi-national investment bank UBS AG following an investigation into its control and compliant practices if internal remedial action is taken.
A surfer at a popular Australian beach has escaped a close encounter from a shark after it "jumped" onto his surfboard.
A record number of people from the Australian state of Tasmania are undergoing a medical procedure in order to fight the region's obesity epidemic.
The number of Australians who have funded international terrorist organisations, including Islamic State, has tripled in the past 12 months.
The Australian government has put a call out for wealthy Australian companies to "sponsor" the Great Barrier Reef, as part of a new plan to boost the world-class attraction's health.
Australia's banks and major retailers have snubbed Apple and instead chosen Google's Android service to accept contactless payments via Visa, MasterCard and Eftpos when it rolls out in Australia in 2016, the first country outside the U.S. since its launch in May.
Australian researchers believe that rising costs and pressure of pursuing a university-grade education have led to a worldwide phenomenon known as "boomerang children."
Australia's budget deficit will blow out to 37.4 billion Australian dollars in the year to June in what is set to be a struggling economy for the island nation over the next few years.
Australia's flagship carrier is on track for a record half year profit thanks to low fuel prices, revenue growth and its continued cost cutting program, the airline announced on Tuesday.
Burning or desecrating an Australian flag could become illegal in the state of Victoria, under a new bill drafted in parliament on Thursday.
Australian adults are continuing to ditch the cigarettes and drink less, according to new figures released by the Australian Bureau of Statistics (ABS) on Tuesday.
Changes in Australia's foreign investment regime have drawn concerns in both China and Australia.
Australian authorities may have broken international law, Amnesty International claimed in a report that has been labelled as a slur by the nation's immigration minister.
Three of the four men arrested in Wednesday's anti-terror raids in western Sydney have been released though police believe 15-year-old Farhad Jabar who killed police employee Curtis Cheng in an act of terror did not act alone.
Corrupt officials on Sydney's waterfront have helped facilitate the smuggling of millions of illegal cigarettes, tonnes of tobacco as well as a commercial quantity of cocaine, Australian authorities said on Wednesday.
Japan's ambassador to Australia confirmed on Friday that his country is willing to build the Royal Australian Navy's next-generation submarines in Australia, if awarded the federal government contract.
The head of Australia's largest airline said its partnership with China Eastern would become its largest global partnership, once the China-Australia Free Trade Agreement is enacted.
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