Page 22 - Australia

Overseas Friends of BJP launches 'Modi for 2024' campaign in Australia

The campaign is aimed at drumming up overseas support for Prime Minister Narendra Modi and the BJP-led National Democratic Alliance (NDA) going into the Lok Sabha elections in the country

NMDC exploring lithium assets, conducting negotiations in Africa, Australia

Additionally, NMDC is seeking lithium blocks from the Indian government on a nomination basis

$3 bn deal with UK gets Oz closer to having nuclear-powered submarines

Australia is set to provide 4.6 billion Australian dollars (USD 3 billion) to British industry to support the construction of nuclear-powered submarines and ensure its new fleet arrives on time, the two countries said Friday. The announcement came a day after the two countries signed a defense and security pact to better meet challenges such as China's increased activity in the South China Sea and South Pacific. UK Defense Minister Grant Shapps said the submarine program was expensive but necessary. Nuclear-powered submarines are not cheap, but we live in a much more dangerous world where we are seeing a much more assertive region with China, a much more dangerous world all around with what's happening in the Middle East and Europe, Shapps told the Australian Broadcasting Corporation. Countries need to invest in making sure that adversaries see we are serious about our security, defending freedom of navigation, for example. The 10-year deal announced at an annual ministers' gather

Australia, UK sign defence, security treaty to meet contemporary challenges

Australia and the United Kingdom signed a new defence and security cooperation agreement with the defence ministers of both countries saying it was required to meet 'contemporary challenges' to maintain a global rules-based order. The treaty was signed by Australian Defence Minister Richard Marles and his UK counterpart Grant Shapps following annual bilateral ministerial defence talks at Parliament House in Canberra on Thursday, as part of the Australia-UK Ministerial (AUKMIN) meeting, which was first held in 2006. Australia's relationship with the UK is dynamic and enduring, Marles said in a written statement on Thursday. From the UK's leadership of support for Ukraine and efforts to address the Houthi threat, to increasing contributions in the Pacific and the Indo-Pacific, we continue to work closely together to support a global rules-based order. As the world becomes more complex and uncertain, we must modernize our most important partnerships," the statement said. Refreshing th

Decision to cancel 2026 CWG in Australia based on overstated cost estimates

An inquiry into the Australian state of Victoria's decision to cancel its planned hosting of the 2026 Commonwealth Games said it cost the state 589 million Australian dollars ($385 million) and the price estimate that resulted in it being shelved was overstated and not transparent. Victoria's Auditor-General's Office on Wednesday said agencies failed to work together to give frank, full and timely advice to the government before it decided to host the games. The total cost of the games to Victorians is over $589 million, the office said in a report. This waste would have been avoided." In 2022 the Labor government led by then-Premier Daniel Andrews agreed to host the 2026 Games in regional cities in Victoria at an expected cost of about A$2.6 billion ($1.7 billion). But it pulled out in July 2023 after saying the figure had blown out to A$6.9 billion ($4.5 billion), and instead had to compensate the Commonwealth Games Federation for breaking the contract. Craig Phillips, CEO of ...

Sun Pharma gets approval to sell acne treatment cream Winlevi in Australia

Collaboration with Cosmo enables rights for cream in several countries, says company

Sun Pharma gets regulatory nod in Australia for acne treatment cream

Sun Pharmaceutical Industries Ltd on Tuesday said the Australian Therapeutic Goods Administration has granted regulatory approval for Winlevi cream indicated for the topical treatment of acne. The approval is for Winlevi (clascoterone cream 1 per cent), which is indicated for the topical treatment of acne vulgaris in patients 12 years of age and older, the company said in a statement. Sun Pharma received the exclusive right to develop and commercialise Winlevi in the US, Japan, Australia, New Zealand, Brazil, Mexico, and Russia from Cosmo, it added. "Winlevi is an exciting addition to our expanding dermatology portfolio of innovative medicines in Australia. Winlevi's novel mechanism of action will be a welcome addition to the physician's toolkit while treating acne," Hellen de Kloet, Business Head, Western Europe, Australia and New Zealand, Sun Pharma, said. The company said Winlevi will be available in Australia this June. "This is another achievement in the mission of Cosmo and

Google, Meta face tough questions in Australia over cyber extremism threats

Australia's online safety regulator has put social media giants on notice, requiring them to explain what they are doing to protect people from violent extremists and terrorists. The country's eSafety regulator announced Tuesday that it had issued legal notices to Google, Meta, X, WhatsApp, Telegram and Reddit requiring each company to report on steps they are taking to protect Australian users of their platforms from extremist material online. Accessing violent and extremist content on social media has been blamed for the radicalisation of the perpetrator of the 2019 Christchurch mosque shootings, which killed 51 people, and also a gunman who murdered 10 black Americans at Buffalo in New York in 2022. Both shooters also live-streamed parts of their attacks online. According to Australia's eSafety Commissioner Julie Inman Grant the risk of terrorism and online radicalisation remains high both in Australia and internationally. "The tech companies that provide these services have a .

Uber pays $178 mn to end legal fight with Australian taxi drivers

Global rideshare giant Uber will pay 272 million Australian dollars (USD 178 million) to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market. A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on Monday, but Maurice Blackburn Lawyers representing 8,000 taxi and hire car drivers said the case will be dropped because Uber agreed to the financial settlement. Maurice Blackburn principal lawyer Michael Donelly said that drivers and car owners suffered financial losses due to Uber's aggressive entry into the market in 2012 and that the company consistently attempted to avoid compensating them. "On the courtroom steps and after years of refusing to do the right thing by those we say they harmed, Uber has blinked, and thousands of everyday Australians joined together to stare down a global giant," he said. An Uber statement described the complaints of the taxi indust

Nasscom inks pact with Australian Business NSW to accelerate market access

IT industry body Nasscom on Friday said it has signed an agreement with Australian industry body Business NSW to facilitate market access for technology companies in the two markets. Indian technology companies and firms in New South Wales will receive accelerated access to each other's markets as part of the new agreement that aims to synergise economic cooperation between India and Australia, Nasscom said.. An agreement between the Department of Enterprise, Investment, and Trade (DEIT), Indian industry body Nasscom, and Australian industry organisation Business NSW was signed in Sydney on Thursday, leveraging the Australia-India Economic Cooperation and Trade Agreement (ECTA) and positioning NSW at the centre of the burgeoning Australia-India technology corridor, Nasscom said in a statement. With a USD 254 billion tech industry as of FY2024, India is a global powerhouse, so we are looking forward to welcoming their startups and scaleups to Sydney through our International Landing

Australia to restore funding for UNRWA, pledges to increase Gaza aid

Australia will restore funding to the United Nations relief agency for Palestinians, weeks after the agency lost hundreds of millions of dollars in support following Israeli allegations that some of its Gaza-based staff participated in the Oct. 7 attack. The Australian government also pledged Friday to increase aid for the besieged enclave, with Foreign Minister Penny Wong expressing horror at the deteriorating humanitarian situation in Gaza. Australia's move follows Sweden, the European Commission and Canada in reinstating funding for the United Nations Relief and Works Agency for Palestine Refugees, which had seen its international funding frozen while the allegations were investigated. The best available current advice from agencies and the Australian government lawyers is that UNRWA is not a terrorist organization, Wong told reporters Friday in Adelaide while she announced the aid package. "(We have) been working with a group of donor countries and with UNRWA on the shared ...

50 injured by 'strong movement' on plane travelling from Australia to NZ

At least 50 people were injured Monday by what officials described as a strong movement on a Chilean plane travelling from Sydney to Auckland, New Zealand. LATAM Airlines said in a statement that there was "a technical event during the flight which caused a strong movement. It did not elaborate on what happened. Passengers were met by paramedics when the flight touched down in Auckland. About 50 people were treated at the scene for mostly mild injuries, with 13 taken to a hospital, an ambulance spokesperson said. One patient was believed to be in serious condition. The Boeing 787-9 Dreamliner landed at Auckland Airport as scheduled and was to continue to Santiago, Chile.

After Tesla, Polestar quits Australia auto lobby amid emissions issue

VW, which remains in the lobby group, was concerned about the exit of Tesla and Polestar and was discussing the situation, the spokesperson added, without giving specifics

Largest Australian delegation attending India food industry fair: Official

Australian food brands seek a market of 25-30 million people in India's Tier-I and Tier-II cities, he says

Australian, Vietnamese PMs elevate their nations' economic relations

Australian and Vietnamese prime ministers on Thursday discussed ways of improving an already booming economic relationship, as part of Australia's strategy to diversify trade away from China. Vietnamese Pham Minh Chinh's official state visit came after he attended a summit of Southeast Asian leaders this week co-chaired by his Australian counterpart Anthony Albanese and Laotian Prime Minister Sonexay Siphandone. The Vietnam bilateral relationship has proved a success in Australia's hedge against Chinese economic moves. Australia says China's official and unofficial trade barriers have cost Australian exporters up to 20 billion Australian dollars (USD 13 billion) a year since 2020, though those steps have been relaxed gradually since Albanese's government came to power in 2022. Albanese said trade between Australia and Vietnam had increased 75 per cent in two years to USD 25.7 billion in 2022, the most recent year for which data was available. Vietnam had become Australia's ...

Quad a statement that others cannot have 'veto' on our choices: Jaishankar

The Quad is a statement that others cannot have a "veto" on choices of like-minded nations and the coalition is here to stay, grow and contribute to global prosperity, External Affairs Minister S Jaishankar said on Saturday, amid mounting global concerns over China's rising assertiveness in the Indo-Pacific. In an address at a think-tank forum, Jaishankar described the coalition of India, the US, Japan and Australia as an "overhead light" that is a "creative, flexible, nimble, responsive and open-minded" enterprise. The Quad has largely been focusing on bolstering cooperation to ensure a free and an open and inclusive Indo-Pacific in the face of Chinese belligerence. The external affairs minister said the Quad reflects the growth of a multipolar global order and its central approach is collaborative, and not unilateral. "All four governments have behaved differently from how they normally do. The Quad is an overhead light -- creative, flexible, nimble, responsive and open-minded ..

Raisina Dialogue: Jaishankar meets Australian Intelligence chief Shearer

Jaishankar also welcomed the Foreign Minister of Bhutan DN Dhungyel on his first visit to India after assuming office

'India is the world's emerging democratic superpower,' says Tony Abbott

'India is a wonderful place to do business. Today, India is a far more business-friendly place than it was a decade ago...' he said

JSW Steel in talks with Australia's Whitehaven for coal mine stake

The miner acquired the Blackwater and Daunia mines from BHP Group in a $4.1 billion deal last October, and expects the acquisition to complete in early April

JSW Steel in talks to buy 20% in Australian coal mine for $1 billion

Whitehaven selling part of stake in Blackwater mine