Edition:
United Kingdom

Jane Wardell

RBNZ governor says markets finally getting the hint on low rates

11 May 2018

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.

Hot air balloons: NZ central bank chief Orr tries to demystify monetary policy

10 May 2018

WELLINGTON Uncloaking central bank monetary policy language with an illustration of a hot air balloon?

Australia budget sees early return to surplus, cuts personal taxes

08 May 2018

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.

Australia to unveil proposals for multinational digital tax: Treasurer

08 May 2018

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.     \

Australian PM flags tax cuts, infrastructure spend in federal budget

07 May 2018

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.

Magnitude 6.9 quake off Papua New Guinea, tsunami danger passes

30 Mar 2018

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.

Australian PM future safeguarded in crucial Sydney by-election

16 Dec 2017

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.

Australia's former deputy PM wins by-election in coalition boost

02 Dec 2017

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.

Australian citizenship crisis deepens as eighth lawmaker falls

14 Nov 2017

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

Australia's Queensland calls snap election in test for far-right candidates

29 Oct 2017

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.

World News

Trump ex-lawyer Cohen given 3 years in prison, blames 'blind loyalty'

President Donald Trump's former personal lawyer Michael Cohen was sentenced to three years in prison on Wednesday for crimes including orchestrating hush payments to women in violation of campaign laws before the 2016 election and financial wrongdoing, posing potential legal and political risks to Trump.