Australia's largest lender by assets on Tuesday announced an 8 percent rise in first quarter unaudited cash earnings on better results in its wealth division and higher lending volumes.
Canada's Brookfield Asset Management Inc. has suffered a blow in its quest to take over Asciano Ltd after the Australian rail and port giant's board recommended shareholders accept a multi-billion dollar offer from a rival consortium led by Qube Holdings Ltd.
Australia's Federal Police force (AFP) say its capacity to deal with terrorist threats was "stretched" to the limit, and revealed it did not receive any of the 900 million U.S dollars allocated to the national security budget in 2015/16.
Australian cricket legend Shane Warne, widely acknowledged as the greatest spin bowler of all time, has shut his charity foundation in the face of "unwarranted speculation" it has misappropriated funds.
Smoking among Australia's youth has reached a record low, with researchers attributing the steady decline to tighter regulation of tobacco products.
Newly-appointed Australian of the Year David Morrison has said that "unfair" religious, racial and gender-based discrimination is still rife throughout Australia, using his Australia Day speech to call for greater acceptance.
Australia's highest-ranking state politicians have united behind Prime Minister (PM) Malcolm Turnbull in a bold new campaign to become a republic.
The Australian-led quest to find downed Malaysia Airlines passenger plane MH370 has suffered another setback, with the search ship's tethered sonar vehicle breaking loose at the weekend.
Former Australian Prime Minister Tony Abbott has on Monday declared that he will recontest his seat at the next election, despite being sensationally ousted from the top job late last year.
The push to make Australia a republic has gathered pace after all but one of Australia's state and territory leaders signed a historic declaration calling for an Australian head of state.
Australian actor Chris Hemsworth who achieved his fame by starring in Hollywood blockbuster Thor, has become the face of his home country's tourism, Minister for Tourism and International Education Richard Colbeck said on Friday.
Australia's insurance companies have paid out over half a billion Australian dollars in the country's four major disasters declared since November last year, with concern costs will climb as more claims are lodged.
An Australian politician has criticized opponents of foreign investment in Australia, saying some of the debate has "racist undertones."
U.S. based Alcoa Inc. have forcibly removed the crew of an Australian cargo ship after the locally based crew had been protesting their sacking and replacement by foreign workers.
Australia's trade deficit marginally narrowed in November to 2.9 billion Australian dollars (2.04 billion U.S. dollars) from the 3.2 billion Australian dollar blowout in October, official figures released on Thursday show.
It employs 50,000 but expert says long-term outlook for coal-based electricity is 'shaky'
Australia's first cyclone of the season could batter the country's remote northeast next week as monsoon conditions develop, meteorologists said on Tuesday.
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