LA Post: Australia

Trump’s tariffs are under threat, but ports aren’t seeing a big rebound yet. That’s bad news for prices

May 30, 2025

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says

New Zealand's interest rates are in the 2.5%-3.5% neutral band, with past policy easing yet to flow through to the economy to make future moves more dependent on how the economy

May 30, 2025

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says

Australia|Business|Economy|Political|World

Australia's opposition coalition reunites a week after split

Australia's conservative opposition coalition said on Wednesday it would reunite, a week after splitting over policy differences following a resounding election

May 28, 2025

Australia's opposition coalition reunites a week after split

Australia|Crime|Political|World

Australia whistleblower who exposed war crime allegations loses bid to reduce prison sentence

Australian army whistleblower David McBride has lost a court bid to have his prison sentence reduced

May 28, 2025

Australia whistleblower who exposed war crime allegations loses bid to reduce prison sentence

Australia|Business|Economy

Australia's consumer inflation holds steady in April, rate cuts still in view

Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, although the monthly measure tends to be volatile and left hopes

May 28, 2025

Australia's consumer inflation holds steady in April, rate cuts still in view

Trump administration asks Supreme Court to halt judge's order on deportations to South Sudan

The Trump administration is asking the Supreme Court to halt a judge’s order allowing migrants to challenge their deportations to South Sudan

May 27, 2025

Trump administration asks Supreme Court to halt judge's order on deportations to South Sudan

Trade confusion and long yield relief

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Markets were left nonplussed by increasingly erratic U.S.

May 27, 2025

Australia|Crime|Political|World

Australian state plans to ban the sale of machetes following violent gang fight

An Australian state government will ban the sale of machetes after a violent gang fight in a suburban shopping mall

May 26, 2025

Australian state plans to ban the sale of machetes following violent gang fight

How has Minneapolis changed since the murder of George Floyd 5 years ago?

Minneapolis has changed, slowly, since a city police officer murdered George Floyd on Memorial Day in 2020

May 26, 2025

How has Minneapolis changed since the murder of George Floyd 5 years ago?

Australia|Environment|World

Australia begins clean-up after floods kill 5, damage 10,000 properties

Australian Prime Minister Anthony Albanese said on Saturday the clean-up had begun in the country's southeast after floods killed five people and inundated more than 10,000

May 24, 2025

Australia begins clean-up after floods kill 5, damage 10,000 properties

Australia|Crime|Environment|World

Record floodwaters in eastern Australia leave 4 dead and 1 missing

Officials say record floodwaters on Australia’s east coast have left four people dead and one missing as rain eased over the disaster area

May 23, 2025

Record floodwaters in eastern Australia leave 4 dead and 1 missing

Australia|Environment|World

Three dead in Australia after torrential rain ravages rural towns

Flash flooding on Australia's southeast coast has killed three people and cut off towns, isolating tens of thousands of residents, as

May 21, 2025

Three dead in Australia after torrential rain ravages rural towns

Hate groups in the US decline but their influence grows, report shows

The number of white nationalist, hate and anti-government groups around the U.S. dropped slightly in 2024, not because of any shrinking influence but rather the opposite

May 22, 2025

Hate groups in the US decline but their influence grows, report shows

US says it agreed with Japan that dollar-yen reflects fundamentals

U.S.

May 21, 2025

US says it agreed with Japan that dollar-yen reflects fundamentals

What to know about the battle for Russia's Kursk region

Russia has announced that its troops have fully reclaimed the Kursk region, nearly nine months after losing chunks of the border territory to a surprise Ukrainian incursion

April 26, 2025

What to know about the battle for Russia's Kursk region

Australia|Environment|World

Flash floods cut off inland Australian towns, residents flee to rooftops

Heavy rain in Australia's southeast triggered flash flooding and cut off entire towns on Wednesday, stranding some residents on the roofs of their homes, as authorities

May 21, 2025

Flash floods cut off inland Australian towns, residents flee to rooftops

Australia|Business|Economy|Technology|World

Westpac to cut over 1,500 jobs, simplify operations, AFR says

Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction targets and simplify operations, the Australian Financial Review reported on Tuesday.

May 20, 2025

Westpac to cut over 1,500 jobs, simplify operations, AFR says

Australia|Business|Economy|Finance|World

Australian banks cut home loan rates after central bank's policy easing

Australia's "Big 4" banks decreased their home loan variable interest rates by 25 basis points per annum on Tuesday, following the central bank's quarter-point cut.

May 20, 2025

Australian banks cut home loan rates after central bank's policy easing

Australia dollar slips as RBA cuts rates, warns on global outlook

The Australian dollar slipped on Tuesday after the country's central bank cut interest rates as expected while highlighting the economic risks from a global trade war,

May 20, 2025

Australia dollar slips as RBA cuts rates, warns on global outlook

Australia|Election|Finance|Political|World

Australia's opposition coalition splits after election loss

Australia's National Party has split from its conservative coalition partner of over 60 years, the Liberal Party, citing policy differences over

May 20, 2025

Australia's opposition coalition splits after election loss

The Latest: Putin says Russia is ready to work to end fighting in Ukraine after call with Trump

Moscow is ready to work toward ending the fighting in Ukraine, Russian President Vladimir Putin said Monday following a two-hour phone call with U.S. President Donald Trump

May 19, 2025

The Latest: Putin says Russia is ready to work to end fighting in Ukraine after call with Trump

Sheriff says 'defective' locks were a key factor in Louisiana jailbreak by 10 men

The sheriff who oversees the New Orleans jail where 10 men escaped last week says defective locks were a key factor in the jailbreak

May 19, 2025

Sheriff says 'defective' locks were a key factor in Louisiana jailbreak by 10 men

Australia|Business|Economy|Political|World

Australia PM plays down chances of EU free trade deal breakthrough in Rome

Australian Prime Minister Anthony Albanese played down prospects of securing a breakthrough on a free trade agreement with the European Union, when he meets with EU Commission

May 18, 2025

Australia PM plays down chances of EU free trade deal breakthrough in Rome

At least 18 killed as severe weather lashes Kentucky, and 9 more die elsewhere

Severe storms across parts of the U.S. Midwest and South have left at least 27 people dead

May 18, 2025

At least 18 killed as severe weather lashes Kentucky, and 9 more die elsewhere

Australia|Crime|Europe|World

Australia condemns Russia's jailing of Melbourne man caught in Ukraine

Australia's foreign minister on Saturday condemned a 13-year prison sentence handed by a Russian court to an Australian citizen for fighting alongside Ukrainian forces.

May 17, 2025

Australia condemns Russia's jailing of Melbourne man caught in Ukraine

Republicans forge their tax bill in Trump's image, with 'MAGA accounts' and more

House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced by President Donald Trump's priorities

May 17, 2025

Republicans forge their tax bill in Trump's image, with 'MAGA accounts' and more

Australia|Business|Economy|World

New Zealand inflation expectations rise in Q2, central bank survey shows

New Zealand's inflation expectations rose in the second quarter to its highest in a year, a Reserve Bank of New Zealand (RBNZ) survey showed on Friday, as markets expect the central

May 16, 2025

New Zealand inflation expectations rise in Q2, central bank survey shows

Australia|Business|Economy|Finance|World

RBA to lower key rate by 25 bps on May 20, two more cuts likely this year: Reuters poll

The Reserve Bank of Australia will cut its key rate by 25 basis points on Tuesday and twice more this year as core inflation remains within its target range

May 16, 2025

RBA to lower key rate by 25 bps on May 20, two more cuts likely this year: Reuters poll

Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures

U.S. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela's

May 15, 2025

Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures

Romania braces for crossroads presidential runoff viewed as a choice between East or West

As Romania heads into a critical presidential runoff on Sunday between two starkly different candidates, many view the final vote as a geopolitical choice between East or West

May 16, 2025

Romania braces for crossroads presidential runoff viewed as a choice between East or West

Trump says the US and Iran have 'sort of' agreed on the terms for a nuclear deal

President Donald Trump says the United States and Iran have “sort of” agreed to terms on a nuclear deal

May 15, 2025

Trump says the US and Iran have 'sort of' agreed on the terms for a nuclear deal

Australia|Crime|Sports|World

Cycling-Australian Dennis handed suspended sentence over death of his wife

Australian cyclist and former world champion Rohan Dennis received a suspended jail sentence over the death of his wife, former world champion Melissa Hoskins, after she was hit by a car

May 14, 2025

Cycling-Australian Dennis handed suspended sentence over death of his wife

Pope Leo says he will make 'every effort' for world peace

Pope Leo XIV, the first American to head the global Catholic Church, pledged on Wednesday to make "every effort" for peace and offered the Vatican as a

May 14, 2025

Pope Leo says he will make 'every effort' for world peace

Australia|Business|Finance|Stock Markets

Three-way bidding war for Australia's Insignia Financial down to one

Australia's Insignia Financial said on Wednesday that Bain Capital has pulled its buyout offer due to volatile financial markets, but the money manager added it was still in talks with

February 05, 2025

Three-way bidding war for Australia's Insignia Financial down to one

Australia bourse operator starts consultation process for potential job cuts

Australian stock exchange operator ASX said on Wednesday it has launched a consultation process on potential job cuts, as part of broader cost-

May 14, 2025

Australia bourse operator starts consultation process for potential job cuts

Australia|Business|Economy|Finance

Australia wage growth ticks up in Q1, led by public sector

Australian wages picked up in the March quarter led by government pay rises, data showed on Wednesday, while subdued growth in the private sector suggested a tight

May 14, 2025

Australia wage growth ticks up in Q1, led by public sector

Federal judge OKs use of Alien Enemies Act to deport Venezuelans who are labeled gang members

A federal judge says President Donald Trump can use the Alien Enemies Act to deport Venezuelan citizens who are shown to be members of the Tren de Aragua gang

May 13, 2025

Federal judge OKs use of Alien Enemies Act to deport Venezuelans who are labeled gang members

Australia|Business|Economy|World

Australia's CBA reports higher cash profit, stable margin in third quarter

Commonwealth Bank of Australia (CBA) reported a 6% rise in third-quarter cash earnings on Wednesday, helped by growth in lending volumes and higher trading income, and

May 13, 2025

Australia's CBA reports higher cash profit, stable margin in third quarter

Family of 2-year-old US citizen deported to Honduras drops lawsuit against Trump administration

Lawyers for the 2-year-old U.S. citizen who was deported with her mother to Honduras confirmed that the family is lifting its lawsuit against the administration of U.S. President Donald Trump

May 13, 2025

Family of 2-year-old US citizen deported to Honduras drops lawsuit against Trump administration

Trump's plan to accept free Air Force One replacement from Qatar raises ethical and security worries

For President Donald Trump, accepting a free Air Force One replacement from Qatar is a no-brainer

May 12, 2025

Trump's plan to accept free Air Force One replacement from Qatar raises ethical and security worries

Australia|Europe|Sports|World

Novak Djokovic and Andy Murray end coaching partnership after six months

May 13, 2025

Australia's conservative Liberal party elect first woman leader after election loss

Australia's conservative Liberal Party elected Sussan Ley, a former outback pilot with three finance degrees, as its first woman leader on Tuesday, after an

May 13, 2025

Australia's conservative Liberal party elect first woman leader after election loss

Trump starts his foreign trip with a crush of problems — and outsized certainty he has the answers

President Donald Trump is on his way to the Middle East, where he had intended to focus on pressing wealthy Gulf nations to pour billions in new investment into the United States

May 12, 2025

Trump starts his foreign trip with a crush of problems — and outsized certainty he has the answers

Australia|Economy|Education|Political

Australian prime minister says reducing student debt is his re-elected government's first priority

Australian Prime Minister Anthony Albanese has told his government colleagues that reducing student debt will be the first legislative priority for his administration that was returned to power in the nation’s first election in which the Baby Boomer generation was outnumbered by younger voters

May 09, 2025

Australian prime minister says reducing student debt is his re-elected government's first priority

Australia|Business|Economy|Finance|Stock Markets

Australia's Macquarie reports FY profit rise, signals domestic upside

Top Australian investment bank Macquarie reported a rise in annual profit due to a well-timed asset sale, pushing its shares higher,

May 08, 2025

Australia's Macquarie reports FY profit rise, signals domestic upside

Trump says he is naming Fox News host and former judge Jeanine Pirro as top federal prosecutor in DC

President Donald Trump says he is naming Fox News host Jeanine Pirro, a former county prosecutor and elected judge, to be the top federal prosecutor for the nation’s capital after abandoning his first pick for the job

May 08, 2025

Trump says he is naming Fox News host and former judge Jeanine Pirro as top federal prosecutor in DC

US energy companies seek exemption from Trump plan to move LNG on US-built ships

U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule

May 07, 2025

US energy companies seek exemption from Trump plan to move LNG on US-built ships

Suit challenges new rules on children in federal custody who crossed into US

Two advocacy groups have filed a federal lawsuit asking the courts to halt new Trump Administration vetting procedures for reuniting children who crossed into the U.S. without their parents

May 08, 2025

Suit challenges new rules on children in federal custody who crossed into US

Judge grills Trump administration over order against law firm Susman Godfrey

U.S. law firm Susman Godfrey asked a judge in Washington on Thursday to permanently bar President Donald Trump's executive order against it, calling the

May 08, 2025

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