A 500-year-old bronze Buddha statue discovered buried near a roadside in Western Australia has been returned to China, ending years of uncertainty over its custody but leaving unanswered questions about how the
National Australia Bank Ltd. (NAB) said it will take a one-off charge of A$130 million ($85 million) and launch a comprehensive review of its payroll systems after discovering that a range of
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China has taken a significant step forward in its campaign to globalize the yuan, securing a record-breaking offshore loan deal with Australian mining giant Fortescue Metals Group. The $1.98 billion (14.2 billion
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Australia is facing a growing and costly threat from foreign espionage, with spies “aggressively” targeting sectors from rare earths and Antarctic research to advanced science and even horticulture, according to Mike Burgess,
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A landmark report by the Yoorrook Justice Commission has found that British colonisers committed genocide against Aboriginal people in the state of Victoria during the early years of colonization, marking one of
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by Our Foreign Affairs Editor Australia is quietly undergoing one of the most significant strategic shifts in its modern economic history. Traditionally a champion of open markets and trade liberalization, the country
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Australia’s corporate regulator has launched a formal inquiry into the Australian Securities Exchange (ASX), citing repeated and serious operational failures that it says have eroded confidence in the country’s financial markets. The
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The upcoming Federal Election in Australia, scheduled to be held on May 3, 2025, is not focusing on several crucial issues: full employment, capital punishment for crimes such as murder, rape, and
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by Our Correspondent in Canberra The recently promulgated Action Plan for Comprehensive Strategic Partnership (CSP) 2025-2030 between the Cook Islands and China has engendered considerable discourse in diplomatic and media circles, particularly
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Australia has announced a two-year ban on foreign investors purchasing existing homes, aiming to tackle the escalating housing prices that have become a major concern, particularly among young voters. The ban will
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On December 12, Sri Lanka received a significant boost to its maritime surveillance capabilities with the induction of a Beechcraft King Air 350 aircraft, donated by the Australian government. The aircraft was
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The Australian government on Monday announced plans to impose major fines on technology companies for anti-competitive behavior. Assistant Treasurer Stephen Jones on Monday outlined a plan to give competition regulator the Australian
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Washington, London, and Canberra have announced a new effort to advance the testing and deployment of hypersonic missiles and related technologies under the trilateral AUKUS security partnership. The initiative, part of the
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If you go to the bluff at Kings Park in Perth, Australia, you can overlook the Swan River and enjoy a remarkable view. Across the bay, there is a phalanx of steel
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The prevailing cultural climate is indeed shaping perceptions of military service on a global scale. If China were to invade Australia today, the geopolitical and social ramifications would be profound. However, one
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Australia must reach net-zero emissions by 2040 to limit global warming to 1.5 degrees Celsius, the government’s top climate change agency has said. The Climate Change Authority (CCA) on Thursday released a
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