Edition:
United Kingdom

Byron Kaye

Australian newspapers unite in protest against media restrictions

20 Oct 2019

SYDNEY, Oct 21 Australia's biggest newspapers were expected to run front pages on Monday made up to appear heavily redacted to protest against recent legislation that restricts press freedoms, a rare show of unity by the usually tribal media industry.

Australia bars entry to Vietnamese woman for failing to declare raw pork

15 Oct 2019

SYDNEY Australia has refused entry to a Vietnamese woman for failing to declare 10 kg (22 lb) of raw pork, seafood and poultry on arrival in Sydney, its first expulsion under a more strict biosecurity law, authorities said on Tuesday.

Australia gasps as truckload of favourite brew in highway spill

09 Oct 2019

SYDNEY A truck filled with beer rolled on Australia's busiest highway, spilling thousands of cans of the amber liquid and closing part of the road for hours, police said. | Video

UPDATE 2-Australia's CBA slapped with rare criminal charges for unsolicited sales calls

04 Oct 2019

* CBA insurance unit charged with 87 breaches of anti-hawking law

Australia's NAB doubles compensation pot; dividend cut, capital raising possible

02 Oct 2019

National Australia Bank Ltd (NAB) said on Wednesday it has almost doubled funds set aside to repay customers for overcharged fees to A$2.09 billion ($1.40 billion), raising expectations of further dividend cuts or a capital raising.

Succumbing to M&A wave, Australian surf brand Rip Curl is snapped up by Kathmandu

01 Oct 2019

SYDNEY New Zealand outdoor clothing maker Kathmandu Holdings said it will buy Rip Curl Group for A$350 million ($236 million) in a deal that sees the last of Australia's big three surf brands fall to overseas control.

JP Morgan managers agreed to help prosecutors in Australian cartel case to avoid charges, court told

27 Sep 2019

SYDNEY Two former executives of JPMorgan Chase & Co in Australia agreed to co-operate with regulators on condition of immunity in a criminal cartel case by the state against Citigroup and Deutsche Bank , a Sydney court heard on Friday.

Ex-JPMorgan Australia executives named as prosecution witnesses in bank cartel case

25 Sep 2019

SYDNEY Two former senior executives of investment bank JPMorgan Chase & Co in Australia were named on Wednesday as prosecution witnesses in a criminal cartel case by the state against rivals Citigroup and Deutsche Bank .

Australia audits PayPal for money laundering, terror law compliance

24 Sep 2019

SYDNEY Australia's financial intelligence agency on Tuesday ordered an audit of PayPal Holdings Inc's compliance with local anti-money laundering and counter-terrorism financing laws, saying it was concerned reporting obligations had not been met.

Australia PM joins Trump calling for China to drop 'developing economy' status

24 Sep 2019

Global trade rules are "no longer fit for purpose" and must be changed to accommodate China's new status as a developed economy, Australian Prime Minister Scott Morrison said in a major foreign policy speech in the United States.

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