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Aussie cannabis firms go capital light as they roll into Europe

A handful of small, young Australian cannabis firms are taking a chance on Europe in spite of the region’s diverse markets, hopeful that a capital-light investment strategy will diminish their risks.

Facebook to restore Australian news pages after tweaks to news legislation

CANBERRA - Facebook will restore Australian news pages after Canberra offered amendments to legislation that would force the tech giant to pay for media...

Facebook news goes dark in Australia as content payment dispute grows

SYDNEY — Australians woke to empty news feeds on their Facebook Inc. pages on Thursday after the social media giant blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content.

How new design patterns can enable cities and their residents to...

By Cameron Tonkinwise and Abby Mellick Lopes Our cities, designed for one set of climatic ranges, are increasingly “out of place” as average temperatures rise....

Australia’s Victoria ‘well placed’ to start easing COVID-19 curbs, premier says

SYDNEY - Australia's Victoria state is well placed to begin easing out of a snap five-day coronavirus lockdown on Wednesday, Premier Daniel Andrews said,...

Herd immunity is the end game for the pandemic, but the...

In the past fortnight, two vaccine stories made headlines around the world.

Australia’s gold industry stamped out mercury pollution – now it’s coal’s...

Mercury is a nasty toxin that harms humans and ecosystems. Most human exposure comes from eating contaminated fish and other seafood. But how does mercury...

South Africa has paused AstraZeneca COVID vaccine rollout but it’s too...

South Africa will pause its rollout of the AstraZeneca coronavirus disease 2019 (COVID-19) vaccine after a small study suggested it offers minimal protection against...

Australia reopens NZ ‘travel bubble’

SYDNEY —  Australia reopened its “travel bubble” with New Zealand (NZ) on Sunday after the neighboring country reported no new locally acquired COVID-19 cases, but added new screening measures as it marked its longest infection-free run since the outbreak began.

As heatwaves become more extreme, which jobs are riskiest?

Heat is more dangerous than the cold in most Australian regions. About 2% of deaths in Australia between 2006 and 2017 were associated with...

Australia ups ante in China trade row with WTO barley challenge

SYDNEY  — Australia launched a formal appeal to the World Trade Organization (WTO) on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley.

Australia ups the ante in trade row with China

SYDNEY — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said.

Scientists develop genome sequencing to trace virus cases

SYDNEY — Australian scientists said on Thursday they had developed a rapid genome sequencing method that would cut to within four hours the time taken to trace the source of coronavirus cases, helping to quickly contain any future outbreaks.

PHL eyes excess vaccines of Australia, China

THE PHILIPPINE government is in talks with Australia and China for the purchase of the two countries’ excess supply of coronavirus disease 2019 (COVID-19) vaccines, according to Secretary Carlito G. Galvez, Jr.

Australian wheat exporters pull back from key China market

BEIJING/SYDNEY — China’s wheat buyers are scrambling to source low-gluten wheat for the country’s booming fancy bakery market, traders said, as exporters in key supplier Australia shy away from striking sales deals amid escalating trade tensions.

Biden reassures US allies in calls with leaders of Japan, S....

SEOUL/TOKYO/WILMINGTON, Del. — In their first calls with Joe Biden since the US election, the leaders of Japan, South Korea and Australia on Thursday reaffirmed plans to form close ties with the president-elect to tackle issues including climate change and regional security.

Sydney restricts New Year’s Eve fireworks to limit coronavirus spread

SYDNEY — New Year’s Eve fireworks over Sydney Harbour will go ahead this year but will be shortened to just a few minutes and the city precinct will be restricted to those with restaurant, cafe and hotel bookings in order to limit the spread of coronavirus disease 2019 (COVID-19).

Asia-Pacific countries ease travel restrictions but hurdles remain

SYDNEY — Asia-Pacific countries including Singapore, Australia and Japan are gradually easing some international travel restrictions as coronavirus cases slow, in hopes of helping to revive their economies.

Australia warns of more economic pain

AUSTRALIA’S GOVERNMENT warned of mounting hardship as Victoria state announced only a gradual easing of one of the world’s most stringent lockdowns, with key sectors of the economy under controls until at least the end of October.

Facebook sends world a warning with threat to Australian news

Facebook Inc. has flashed a warning to global regulators by taking a hardball stance against Australia’s plan to force it to pay media companies...

Australia touts deal for COVID-19 vaccine as virus flare-up subsides

SYDNEY/MELBOURNE — A fresh outbreak of infections in Australia’s coronavirus hot zone of Victoria eased further on Wednesday, while the country agreed a deal to secure a potential COVID-19 (coronavirus disease 2019) vaccine that it plans to roll out cost-free to citizens.

Australia borders to stay shut as COVID-19 daily deaths surge

SYDNEY — Australian Prime Minister Scott Morrison said internal border closures were unlikely to lift before Christmas, as the country on Monday reported a record single-day rise in COVID-19 (coronavirus disease 2019) deaths.

The little luxuries people can’t give up—even in a pandemic

Before the pandemic, Levi Fedley would bike to one of Melbourne’s famous laneway cafes, sit down with the perfect cup of coffee and watch the world go by.

Australia’s Victoria declares state of disaster as coronavirus cases spike

AUSTRALIA’s Victoria state tightened restrictions and declared a state of disaster after its outbreak showed no signs of abating three weeks after capital Melbourne was put under lockdown.

Australia says virus outbreak could take weeks to subside

SYDNEY — A surge in coronavirus disease 2019 (COVID-19) cases in Australia’s second-biggest city could take weeks to subside despite a lockdown and orders to wear masks, Australia’s acting chief medical officer said on Monday as the country braces for a second wave of infection.

Australia’s economic reckoning delayed as loan holiday extended

AUSTRALIA’S big banks have just given the economy some breathing room.

The mistakes that pushed Melbourne back into lockdown

ALL it took was missteps in the handling of travelers returning from overseas and complacency in a handful of neighborhoods to plunge Australia’s second-largest city into lockdown for the second time in four months.

Australia closes state border for first time in 100 years to...

SYDNEY — Australian officials are closing the border between Australia’s two most populous states from Tuesday for an indefinite period as they scramble to contain an outbreak of the coronavirus in the city of Melbourne.

Australia’s economic slump threatens openness to immigration

Australia’s immigration program, a key factor in the economy’s record stretch without recession, is under threat amid calls for the nation to turn inward while it recovers from the coronavirus pandemic.

Australia fears 2nd wave of COVID-19 cases

AUSTRALIA’S second-most populous state has tightened coronavirus controls as a spike in cases triggers fears the nation could be hit by a second wave of infections.

Australia’s Afterpay settles with regulator for loans issued without license

AUSTRALIA’S buy-now-pay-later firm Afterpay Ltd. will refund late fees paid by customers in California for loans, which were deemed “illegal” by the US state’s financial regulator, the two sides said as part of a settlement.

Australian banks need extra $8.5B to meet tougher rules

WELLINGTON/HONG KONG — Australia’s major banks shrugged off concerns about further weakness in dividend payout ratios and earnings downgrades after New Zealand announced tougher capital requirements on Thursday.

Australia’s property recovery remains in-house as rest of economy struggles

SYDNEY — When Michael Jiang scored a liquor license four years back, he had hoped it would help drive more sales at his struggling small grocery business in Sydney.

Large banks’ cartel case inches ahead in Australia

SYDNEY — An Australian magistrate shifted hearings to a larger room as a long-awaited criminal cartel case against Australia and New Zealand Banking Group and the local units of Citigroup and Deutsche Bank inched ahead on Tuesday.

Australia’s ‘golden apples’

THERE’S A belief that the many golden apples mentioned in Greek mythology — the food and playthings of the gods — were actually oranges from the East. Also, just in case you want to know, the name of the color comes from the fruit and not the other way around. Now, the fruit is grown everywhere, with 2018 data from the UN Food and Agricultural Organization stating that 73 million tons of oranges are grown worldwide.

Australia bank regulator faces overhaul after review

AUSTRALIA’S banking regulator is set for a major overhaul after a government-commissioned review found it had a “culture of conformity” and needed to become more forceful.

Australian banks win concession on capital

AUSTRALIA’S banking regulator has softened its capital buffer requirement on the nation’s largest banks after they argued that there wasn’t sufficient market capacity available to raise the necessary funds.

Australia goes for back-to-back rate cuts, keeps option for more

AUSTRALIA executed its first back-to-back interest-rate cuts in seven years and left the door open for additional easing as policy makers attempt to support a slowing economy and try to rekindle dormant inflation.

Garbage to be returned to Hong Kong

THE garbage that was illegally imported into Misamis Oriental from Hong Kong will be sent back, Malacañang said on Friday. Presidential Spokesperson Salvador S. Panelo...

Palace: PHL to send back Australian trash

MALACAÑANG on Thursday said the government wants the trash recently dumped in Misamis Oriental shipped back to Australia.

A broad and deep relationship

The Philippines is one of Australia’s longest-standing bilateral partners, according to the Web site of the Australian Embassy in the Philippines. With these ties...

One by one, bond markets around the world are flashing same...

JUST MONTHS after rising bond yields spooked markets, they’re now tumbling to the lowest levels in years to underscore concerns about slowing global growth.

Traders push yields close to RBA cash rate ahead of employment...

INVESTORS CAN’T SEEM to get enough of Australian bonds amid worries about an economic slowdown. This week’s employment data may just whet their appetite for more.

For sale: Australian pub in the middle of nowhere

ONE OF Australia’s most well-known pubs, located in the country’s remote outback thousands of miles from major cities, is on the market for the first time in decades and attracting local and international interest.

Is 5G more vulnerable to hackers than 4G? Australia thinks so

Though 5G promises to be so fast it could revolutionize the way we use everything from home appliances to cars, the technology may also...