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Sino-Oz FTA history-making for both countries, good growth expected in Australia

​The Australian economy has been struggling a bit in the post mining boom environment, but with an FTA with China, Australia's major trading partner, "it just gives me confidence that we'll manage to get good growth going forward," Shane Oliver, chief economist at AMP Capital, said on Wednesday.

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Dividend payouts hampering Australian economic growth: experts

​Economists and fund managers have warned Australia's chase for yield through dividend payouts are leaving company cash stockpiles bare, hampering future economic growth opportunities, the Australian Broadcasting Corporation (ABC) reported Friday.

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Australian FM shows concern over Islamic State emergence

Visiting Australian Foreign Minister Julie Bishop Wednesday expressed concerns over the rise of the Islamic State of Dai'sh, saying the "terror outfit is more dangerous and brutal."

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Official Australian interest rates cut

The Reserve Bank of Australia (RBA) on Tuesday cut official interest rates by 25 basis points to a record Australian low of 2 percent.

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Australia to establish taskforce to catch tax dodgers, organized crime

​Australia's treasurer, Joe Hockey, announced on Tuesday a financial crime taskforce to fight tax dodgers and organized crime.

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Australian defense minister unable to name IS leader

​Australia's Defense Minister Kevin Andrews was unable to name the leader of the Islamic State during a televised TV interview Tuesday night.

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Chinese, Australian economies complementary

​The Australian Prime Minister's senior business advisor has concluded economic ties between his country and China are "complementary and important to each other" in a critique of relations between the two nations.

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Australia's planned 'Google tax' may violate int'l tax treaties: officials

​The plans of Australia's treasurer to get multinationals, such as Google and Apple, to pay more tax may violate international tax treaties, the country's parliamentary budget office has found.

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Aussie Olympic medalist urges more female bosses in sports

Aussie Olympic medalist urges more female bosses in sports

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Chinese parents increasingly choosing Australian high schools

​New Australian data shows China' s rising middle class is increasingly sending their children to Australian high schools.

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Japan could build submarines in Australia, says former navy chief

​A former Japanese naval chief confirmed on Friday his country was capable of building 12 submarines for Australia in Adelaide, should Japan win the Australian government's 40 billion U.S. dollar tender.

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New film highlights 1930s Australian protest against Japanese atrocities in China

​A famous protest of Australian union workers against Japanese invasion of China and the atrocities they committed against the Chinese people has become the topic of a new Australian-made documentary released on the weekend.

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Australia to invest 3 bln AUD in Asia Infrastructure Investment Bank: media

​Australia will join the Asian Infrastructure Investment Bank and potentially invest 3 billion Australian dollars (2.3 billion U.S. dollars), local media reported on Friday.

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Former Australian PM to present TV show about his political hero

Former Australian Prime Minister John Howard will present a two-part documentary series about his political hero Robert Menzies on Australian television.

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Shaolin abbot responds to commercialization criticism

The head of China's Shaolin Temple has distanced the Buddhist institution from media criticism claiming a planned Australian outpost of the temple will be over-commercialized.

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Australian researchers build 3D printed jet engines in world first

​Australian researchers have created the world's first 3D-printed jet engine in a breakthrough that engineers believe will lead to lighter, cheaper, and more fuel- efficient jets.

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Australia's defense chief moves to clarify gov't stance on submarine contract

​Australia's Defense Minister Kevin Andrews has dampened hopes that an Australian company might yet win the contract to build Australia's next generation of submarines.