WELLINGTON New Zealand's central bank chief said financial markets are finally getting the message that rates will remain low for some time and noted the local currency's fall following a dovish policy statement this week was a "good thing" for the economy.
WELLINGTON Uncloaking central bank monetary policy language with an illustration of a hot air balloon?
CANBERRA Australia's center-right government said in its annual budget on Tuesday that it would return the country's finances to a small surplus in 2019/20, a year earlier than planned and after almost a decade of deficits.
CANBERRA, May 8- Australian Treasurer Scott Morrison said on Tuesday he would unveil new proposals for taxing multinational digital companies within weeks, extending a concerted push by the Group of 20 nations to bring that sector into the global tax net. \
CANBERRA Australian Prime Minister Malcolm Turnbull on Monday promised tax cuts for lower income earners and flagged a multibillion dollar infrastructure spend, on the eve of a federal budget seen as the unofficial start of election campaigning.
SYDNEY A magnitude 6.9 earthquake struck off the southern coast of Papua New Guinea's New Britain island on Friday, initially triggering a tsunami warning for surrounding coastlines, but there were no immediate reports of casualties or damage.
SYDNEY Australia's conservative coalition government regained its razor-thin parliamentary majority on Saturday after inner Sydney voters re-elected a former professional tennis player in a special poll triggered by a constitutional crisis.
SYDNEY Australia's former deputy prime minister Barnaby Joyce cleared the way for his return to parliament on Saturday, winning a by-election just over a month after he was kicked out over a dual citizenship crisis that cost the government its majority.
SYDNEY The citizenship crisis engulfing Australian Prime Minister Malcolm Turnbull's government deepened on Tuesday as an eighth lawmaker exited parliament and the main opposition party drafted in a high-profile candidate for a key by-election. | Video
SYDNEY Australia's Queensland state on Sunday called a snap election after the ruling center-left Labor Party lost its legislative majority, a poll that could give far-right nationalists a chance to boost political representation.