Australia will deploy a guided- missile frigate, HMAS Sydney, to join the U.S. 7th Fleet in Japan at a time of heightened tensions on the Korean peninsula and in the South China Sea, according to The Australian on Friday.
The China Foreign Exchange Trade System said on Tuesday that it will start direct trading of its currency against the Australia dollar based on market principals.
The Australian government is introducing a new campaign to promote Australian tourism, trade and investment opportunities to the rapidly growing Chinese market, according to a statement released Monday by the Prime Minister Julia Gillard's press office.
Australia and China have reached a new agreement to allow the Australian and Chinese currencies to trade directly, visiting Australian Prime Minister Julia Gillard said Monday in Shanghai, China, according to a statement by her press office here.
A section of the Burnett River bank has collapsed due to overnight heavy rain, washing away part of a marine store in Bundaberg in southern state of Queensland, local media reported on Tuesday.
In its first board meeting this year, the Australian Reserve Bank (RBA) has decided to keep interest rates on hold as Australia's sunny economic conditions continued to surprise analysts.
Australian companies are leading the latest bull-rush into China, with leading economists supporting a survey of Australian business leaders here overwhelmingly in favor of expanding commercial ties into China and China's booming western region - for 2013.
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