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Australian retail sales beat estimates

Australian retail sales in July were much stronger than expected, underscoring consumer resilience in the face of soaring interest rates and a big rise in the cost of living this year. Retail sales rose 1.3% in July,...

State Department gives green light to sale of 40 military helicopters to Australia

The US State Department has approved the potential sale of military helicopters and related equipment to Australia, worth an estimated $1.95 billion, the US Pentagon announced. As part of strengthening its military presence in the Indo-Pacific region,...

Australia: Unemployment rate falls to 3.4% in July, its lowest level since 1974

The Australia's seasonally adjusted unemployment rate dropped to...

Australia: Unemployment at a 48-year low in July

Australia's unemployment rate fell to its lowest level since 1974 in July, according to the latest figures released by the Australian Bureau of Statistics. In particular, unemployment fell last month to 3.4% from 3.5% in June, as...

Political uproar in Australia with the superpowers secretly amassed by Morrison

A political uproar has erupted in Australia with the revelation that former Prime Minister Scott Morrison, alongside the country's highest political office, had secretly assumed ministerial positions. Mr Morrison today sought to justify his action to...