Page 35 - Australia

Australia adds $300 mn funding to improve lives of Aus original inhabitants

Fifteen years after the Australian Parliament's historic apology to its Indigenous people for past wrongs, the government on Monday announced 424 million Australian dollars (USD 293 million) in new funding to improve the lives of Australia's original inhabitants. In 2008, a newly elected centre-left Labour Party government apologized to the Indigenous population for "laws and policies of successive Parliaments and governments that have inflicted profound grief, suffering and loss on these our fellow Australians. The focus of the apology was the so-called Stolen Generations 100,000 children who were taken from Indigenous mothers under assimilation policies throughout most of the 20th century. The apology was accompanied by the ambitious pledge to close the gap in life expectancies between Indigenous Australians and the wider population within a generation. Key measures of disparities between the Indigenous population and others have been tracked annually in Closing the Gap Reports

India move closer to securing WTC final berth, Australia kept waiting

India's innings and 132-run victory against Australia in the first Test of the Border-Gavaskar Trophy here on Saturday has helped them move closer to a second World Test Championship (WTC) final berth, while extending the Pat Cummins-led side's wait for a title round spot confirmation. Following the win, crafted by the Indian spin-bowling pair of Ravichandran Ashwin and Ravindra Jadeja, No.2 India are now on 61.67 percentage points as compared to 70.83 of No.1 Australia. However, India still need two more wins from the remaining three Tests of the series to guarantee themselves a minimum points percentage of 62.50, which would beyond doubt knock third-placed Sri Lanka out of contention. If india win all the three remaining matches of the series, they could reach a best possible percentage of 68.06. India's innings win, while extending Australia's wait in the WTC final race, also shut the door on England and the West Indies' hopes of securing a berth in the 2021-23 cycle of the Test

India thrash Australia in first Test to go 1-0 up in 4-match series

India thrashed Australia by an innings and 132 runs inside three days in the opening Test to take a 1-0 lead in the four-match series here on Saturday. Off-spinner Ravichandran Ashwin (5/37) returned with a five wicket haul as India shot off Australia for 91 in 32.3 overs in their second innings just before tea. Australia conceded a massive first innings lead of 223. This was Australia's second lowest total against India after 93 in Mumbai (2004). Bowling a probing length, Ashwin ran through the Australian top order and annexed his 31st fifer in just his 10th over, before Ravindra Jadeja (2/34), Mohammed Shami (2/13) and Axar Patel (1/6) completed the formalities. Earlier, Patel hit a career-best 84 (174 balls; 10x4s, 1x6) in an entertaining 52-run ninth wicket partnership with Shami who was at his aggressive best in his 37 from 47 balls (2x4s, 3x6s). In reply to Australia's 177, India were bowled out for 400 at lunch on a turning Jamtha wicket. The left-handed Patel, who was .

Mumbai, Bengaluru among top 5 APAC cities with the steepest home price rise

Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022

Australia blocks proposed coal mine to protect Great Barrier Reef

Australia's Environment Minister Tanya Plibersek on Thursday blocked a proposed coal mine to protect the Great Barrier Reef.

Australia's Aaron Finch announces retirement from international cricket

Finch led Australia in a world record 76 men's T20Is, as well as in 55 ODIs, before announcing his retirement

South Korea and Australia renew currency swap deal for five years

The central banks of South Korea and Australia have agreed to renew their bilateral currency swap deal for five more years.

Australia to remove British monarch from banknotes, says report

The decision followed a consultation with the Federal government

Australian regulator reviewing short-seller report on India's Adani group

Hindenburg Research last week flagged concerns about the conglomerate, that included its high debt levels, triggering a $65 billion rout in the group's stocks

'Sorry', says Rio Tinto after radioactive capsule lost in Australia desert

Authorities are now grappling with the daunting task of searching along the truck's 1,400 kilometre (870 mile) journey from north of Newman to a storage facility in the northeast suburbs of Perth

Australian dollar jumps, kiwi slumps after unexpected inflation data

The euro held near a nine-month peak against the dollar, as traders weighed a rosier growth outlook for the euro zone against growing signs of a looming US recession

Tennis Australia bans Russian, Belarusian flags at Australian Open

Tennis Australia has banned Russian, Belarusian flags at the Australian Open after a controversy erupted over the Russian flag seen hanging outside the court

Australia to host football cup of nations ahead of FIFA Women's World Cup

Australia's national women's football team will play home games against Spain, the Czech Republic and Jamaica ahead of the FIFA Women's World Cup

Australian consumer confidence jumped 4.9 pts in past week: Report

Australian consumer confidence registered a 4.9 point jump to reach 87.4 between January 2-8, the highest for over three months since September last year; a report revealed on Tuesday

7.6 quake damages buildings in Indonesia, tremors felt in Australia

A powerful deep-sea earthquake damaged village buildings in eastern Indonesia early Tuesday, and its substantial shaking was widely felt in northern Australia. Indonesia's Meteorology, Climatology, and Geophysical Agency issued a tsunami warning after the magnitude 7.6 temblor that was lifted three hours later. Based on four tide gauge observations around the center of the earthquake, it did not show any significant anomaly or change in sea level, agency head Dwikorita Karnawati said. Tremors were felt in several regions, including Papua and East Nusa Tenggara provinces. The National Disaster Mitigation agency received visual reports of damage to houses and community buildings in Watuwey village in Southwest Maluku. The U.S. Geological Survey said the quake's epicenter was at a depth of 105 kilometers (65 miles) not far from Australia's northern tip. Deeper quakes tend to cause less surface damage than shallow shaking but are more widely felt. More than 1,000 people in northern

China reopening may add almost 1% to Australia's economic output: JPMorgan

Chinese student and tourist arrivals may add nearly one percentage point to Australia's economic output over the next two years, according to JPMorgan Chase & Co

Covid-19 pandemic reduces Australian life expectancy, says report

In the first week of August alone there were 4,200 deaths -- 20 per cent higher than the historical weekly average

Australia's housing prices mark largest annual decline of 5.3% since 2008

According to the report, despite the downturn across many areas of the country, housing values generally remain 11.7% above where they were at the onset of the Covid-19 pandemic

Pilot, 2 British visitors among 4 killed in Australia helicopters collision

A pilot, two British visitors and a Sydney woman have been identified as the four people killed in a collision of two helicopters over the waterfront at an Australian tourist hotspot. Authorities say it was fortunate the death toll in the crash of two aircraft operated by Sea World Helicopters was not higher. The pilot of the second helicopter managed to land safely on a sandy outcrop despite the aircraft being damaged in the collision Monday afternoon near Main Beach on Australia's Gold Coast. Considering the damage that was done to the front left-hand section of the helicopter, where the pilot was sitting, that has been a remarkable achievement, said Australian Transport Safety Bureau Chief Commissioner Angus Mitchell, whose office is investigating the crash. So whilst it has been very tragic that four people have lost their lives and many people are mourning this morning, we could have had a far worse situation here and the fact that one helicopter managed to land has been quite

GTRI suggests 7 steps for Indian traders to make full use of FTA with Aus

Indian traders should follow seven steps, including knowing trade policy and rules of origin of respective products in Australia in order to take full advantage of the recently implemented free trade agreement, according to a study by GTRI. The India-Australia free trade agreement came into effect on December 29, 2022. The Global Trade Research Initiative (GTRI) said India-Australia Economic Cooperation and Trade Agreement (ECTA) offers many concessions to exporters and importers of both countries, but the concessions are product-specific, and firms must check if their products benefit from the pact. We have suggested a seven-step process to ensure that the firms do not miss critical details while exporting or importing under ECTA, it said. Utilisation rate of India's free trade agreements (FTAs) is low and one of the factors is low awareness about the process and its benefits, it said adding these steps can help Indian companies make full use of the trade agreement. The steps inc