SYDNEY Australian consumer pessimism deepened in January as households fretted about the economic impact of devastating bushfires that killed 29 people, millions of animals and destroyed thousands of homes in recent months.
SYDNEY Three years ago, Australian Prime Minister Scott Morrison, then Treasurer, brandished a lump of coal in parliament as a totem of how the ruling conservative coalition planned to keep the lights on and power prices low. | Video
SYDNEY As global temperatures soar, Australia could become so hot and dry that the country's residents could become climate refugees, U.S. climatologist and geophysicist Michael Mann told Reuters.
SYDNEY Australia's pristine 'AAA' sovereign rating is not at "immediate risk" from the fiscal and economic impact of bushfires raging across the country's east coast, S&P said on Monday.
SYDNEY/LONDON Thousands of Australians took to the streets on Friday to protest against government inaction on climate change, as bushfires ravaged tens of thousands of square miles of bushland after months of destruction and at least 27 deaths. | Video
SYDNEY Australia urged nearly a quarter of a million people to evacuate their homes on Friday and prepared military backup as authorities said the next few hours could be "very, very challenging" even as rain poured down in some parts. | Video
SYDNEY, Jan 10 Thousands of Australians took to
the streets on Friday to protest against government inaction on
climate change, as bushfires ravage large swathes of the
country, incinerating wildlife and polluting the air.
SYDNEY Australian retail sales surged past all expectations in November led by pre-Christmas shopping though early indicators point to weak spending in December, suggesting the economy remained in the doldrums in the final quarter of 2019.