Wine producers have praised the government’s decision to walk away from a European Union free trade deal, arguing EU negotiators tried to “change the rules of the game midway through the game” to undercut the country’s multimillion-dollar industry. Source
Economy
Visitors who bring prohibited plant and meat products into Australia and fail to notify border force officers could have their visas cancelled under strict new biosecurity rules. Source
The chair of the Perth Mint says its dealings and trade of gold actually increased following a damning ABC report, showing investors weren’t scared off. Source
Australia’s biggest miner has confirmed a further $7.7bn investment in a project designed to help feed the world’s booming population. Source
Ex-Australian prime minister Tony Abbott has claimed man-made global warming was “ahistorical and utterly implausible”, labelling climate activists and scientists as “cult”-like. Source
The Reserve Bank has warned banking bosses of their “ultimate responsibility” for managing the emerging and unprecedented threats to the nation’s financial system. Source
Trade Minister Don Farrell has rejected a free trade deal with Europe following an unresolved spat over greater market access for Australian farmers and a failure to agree on name protections for European products. Source
Trade Minister Don Farrell has warned the state of a proposed trade agreement between Australia and the European Union “isn’t good enough” ahead of a final round of negotiations to clinch the $100bn deal. Source
Prime Minister Anthony Albanese received a warm welcome as he met US President Joe Biden at the White House, with both leaders announcing a “new era” of strategic alliance between the two countries. Source
Some 3.7 million Australian households are going hungry or on the edge of falling into hunger according to a shocking new report from one of the country’s leading social charities. Source
In the long history of bilateral ties between Australia and India, relations have generally been warm between the two nations. In more recent years, amid the rise of India as one of the world’s largest economic powers and the growing Indian migrant population in Australia, the relationship between New Delhi […]
Environmentalists have reacted with fury to the news mining behemoth BHP will sell its Blackwater and Daunia coalmines in Central Queensland to NSW producer Whitehaven in a mega $6.4bn transaction. Source
The man who launched Australia’s crushing rate rise cycle pocketed more than $1m in his final year at the central bank. Source
Global geopolitical shocks, including the escalating conflict between Israel and Hamas, risk keeping inflation higher for longer, Reserve Bank governor Michele Bullock has cautioned. Source
A jump in global oil prices risks worsening the cost of living crunch and derailing the Reserve Bank’s current path to bring inflation to a heel, forcing another rate rise, meeting minutes reveal. Source
Households struggling with the cost of living are unlikely to receive any respite from petrol price pain, as a possible Israeli ground assault on Gaza raises fears that global oil prices could return to levels witnessed during last year’s global energy crisis. Source
Julian Batchelor may be the most hated man in New Zealand right now. Source
Australia’s food sector in the middle of an inflation crisis that has pushed up the cost of staple goods by more than 10 per cent in just a year is now being rocked by industrial action. Source
Former US President Donald Trump has blasted allegations he leaked sensitive military secrets to an Australian billionaire in a bombastic post on an alt-right social media platform. Source
Aussies dreaming of cold beers and delicious beef pho in the heart of Southeast Asia now have a new way to make it a reality with the launch of budget airline flights connecting to Ho Chi Minh City. Source