Getty Images Australia’s central bank is concerned riskier assets such as stocks and high-yield corporate debt could be set for widespread losses if there is a sudden increase in government bond yields. The bank warns current asset valuations, which are reliant on global bond yields staying low, are “elevated relative to history.” In addition, it […]
Tag: Australia’s
Australia’s billion-dollar balls up
THE Australian cricket team’s ball-tampering saga has leached into talks at the highest levels of government and could cost Cricket Australia up to $ 1 billion in the years ahead. As Steve Smith and David Warner are set to be stood down for their role in the ball-tampering scandal that saw rookie Cameron Bancroft caught […]
After phasing out Chinese phones, Australia’s defense department has banned officials from using WeChat
Australian defense officials have been banned from using Chinese app WeChat, one of the world’s largest social media platforms. It follows the ‘phasing out’ of Chinese mobile phone brands Huawei and ZTE by the department. Australia’s defense is currently undertaking a security assessment on WeChat. Australia’s Department of Defence has banned employees from using […]
Fight to be Australia’s best golf course tightens
ROYAL Melbourne has retained the prized mantle as Australia’s No. 1 golf layout yet has never been under greater threat from a spectacular Tasmanian newcomer in the ranking of the Top 100 Courses in the country. Royal Melbourne sits atop the respected rankings of Australian Golf Digest magazine, released this week, with Sandbelt neighbour Kingston […]
Unlocking Australia’s psyche: Canberra is one of LONELY PLANET’S top cities of 2018
This is the first year that Canberra’s picturesque Manuka Oval will host an international Test cricket match, giving sporting fans the perfect excuse to visit Australia’s federal capital. Later in 2018, the Australian War Memorial will take centre stage as it hosts the 100th anniversary of the First World War Armistice, with a series of […]
Reversing Australia’s woeful ODI run
AUSSIE opener Aaron Finch says it’s time to stop talking and start delivering following a horror year of one-day results. Australia must overcome adversity at the Gabba on Friday if they are to bounce back and beat England in the second one-day international. Pace bowling spearhead Josh Hazlewood – Australia’s top ranked ODI bowler – […]
Social media sites may face fines of $400,000 under Australia’s revenge porn bill
Published time: 6 Dec, 2017 23:01 Social media networks could, for the first time, be held financially responsible to the tune of AUS$ 525,000 (US$ 400,000) for facilitating the circulation of revenge porn under proposed Australian legislation. Several cities and nations across the world are taking, or have taken steps, to criminalize ‘revenge porn’ – […]
Aboriginal owners ban climbing Australia’s iconic red rock
David Whitley November 1, 2017 Share this article Climbing Uluru, the sacred red rock in Australia’s Outback, will be banned from October 2019. What’s the impact of this historic vote and what does it mean for the rock’s traditional owners? Enough, it has been decided, is enough. From October 2019, it will no longer be […]
Meet Australia’s newest world champion
AUSTRALIA’S Jason Doyle won the World Speedway Championship after dominating the Australian Grand Prix in Melbourne. The Newcastle-native needed just eight points to be crowned the champion in the final GP of the season, but managed to score 19 points in an inspiring showing. The likes of Tai Woffinden, Bartosz Zmarzlick, and Patryk Dudek challenged […]
Australia’s 2nd national gun amnesty just closed and it’s likely that 30,000 guns were turned in
Getty Images Australia’s three-month national firearms amnesty has ended with more than 28,000 guns surrendered. The amnesty, which ran from July 1 to September 30, 2017, allowed anyone with unwanted or unregistered firearms to legally register or drop them off without fear of being arrested or prosecuted. In the first two months nearly 26,000 guns […]