Australian institutions need to be ready to respond to a more shock-prone financial system as a strained geopolitical environment reshapes financial and economic linkages, a senior Reserve Bank official said Wednesday.
Australian institutions need to be ready to respond to a more shock-prone financial system as a strained geopolitical environment reshapes financial and economic linkages, a senior Reserve Bank official said Wednesday.
The US must win its war against Iran strategically, not just militarily, said Dennis Richardson, a former Australian ambassador to Washington, as well as chief of the country’s defense and foreign affairs departments.
The US must win its war against Iran strategically, not just militarily, said Dennis Richardson, a former Australian ambassador to Washington, as well as chief of the country’s defense and foreign affairs departments.
A fallen rocket is pictured outside a farm in the Israeli-occupied West Bank on June 9. Photographer: ILIA YEFIMOVICH/AFP
Australia’s consumer sentiment slipped into “deeply pessimistic” territory as households struggle with cost of living pressures and concerns emerge over the outlook for the housing market following tax changes.
Australia’s consumer sentiment slipped into “deeply pessimistic” territory as households struggle with cost of living pressures and concerns emerge over the outlook for the housing market following tax changes.
Australia’s industrial relations umpire raised national minimum wage rates by 4.75%, just shy of the Reserve Bank’s inflation forecast, citing uncertainty over the economy’s trajectory.
Australia’s industrial relations umpire raised national minimum wage rates by 4.75%, just shy of the Reserve Bank’s inflation forecast, citing uncertainty over the economy’s trajectory.
Australia’s populist One Nation party surged past the ruling Labor party to lead a nationwide opinion poll for the first time, highlighting voter disappointment with last month’s budget and reinforcing signs of a fracturing of the conservative side of politics.
Australia’s populist One Nation party surged past the ruling Labor party to lead a nationwide opinion poll for the first time, highlighting voter disappointment with last month’s budget and reinforcing signs of a fracturing of the conservative side of politics.
US and Israeli jets struck Iranian vessels in the Strait of Hormuz and other targets, hours after President Donald Trump had suggested negotiations with Tehran over an interim deal were progressing.
US and Israeli jets struck Iranian vessels in the Strait of Hormuz and other targets, hours after President Donald Trump had suggested negotiations with Tehran over an interim deal were progressing.
Donald Trump Photographer: Samuel Corum/Sipa/Bloomberg
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
Royal New Zealand Navy personal in Waitangi, New Zealand. Photographer: Fiona Goodall/Getty Images
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
Royal New Zealand Navy personal in Waitangi, New Zealand. Photographer: Fiona Goodall/Getty Images
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
New Zealand intends to spend about NZ$1.6 billion ($936 million) on drones, ship maintenance and naval upgrades to bolster the island nation’s maritime security at a time of increasing concern about supply routes.
Royal New Zealand Navy personal in Waitangi, New Zealand. Photographer: Fiona Goodall/Getty Images
Australia’s central bank said raising interest rates for a third consecutive meeting would give the board scope to monitor how households and firms respond to the impact of the conflict in the Middle East that has sent fuel prices surging.
Australia’s central bank said raising interest rates for a third consecutive meeting would give the board scope to monitor how households and firms respond to the impact of the conflict in the Middle East that has sent fuel prices surging.
Signage for the Reserve Bank of Australia (RBA) at the central bank's building in Sydney, Australia, on Monday, Sept. 6, 2021. Australia's central bankers are set to revisit the question of whether to delay a planned taper of bond purchases as a worsening outbreak of the delta variant dims prospects of a rapid economic rebound. Photographer: David Gray/Bloomberg
Australia is set to sign a multibillion-dollar contract to buy advanced naval frigates from Japan, sealing a deal that will help modernize its navy, boost Tokyo’s ambitions of becoming a major player in the global defense market and deepen security ties between the two countries.
Australia is set to sign a multibillion-dollar contract to buy advanced naval frigates from Japan, sealing a deal that will help modernize its navy, boost Tokyo’s ambitions of becoming a major player in the global defense market and deepen security ties between the two countries.
Japan Maritime Self-Defense Force's JS Mogami frigate moored at Yokosuka Naval Base. Photographerr: Tomohiro Ohsumi/Getty Images
Australia is set to sign a multibillion-dollar contract to buy advanced naval frigates from Japan, sealing a deal that will help modernize its navy, boost Tokyo’s ambitions of becoming a major player in the global defense market and deepen security ties between the two countries.
Australia is set to sign a multibillion-dollar contract to buy advanced naval frigates from Japan, sealing a deal that will help modernize its navy, boost Tokyo’s ambitions of becoming a major player in the global defense market and deepen security ties between the two countries.
Japan Maritime Self-Defense Force's JS Mogami frigate moored at Yokosuka Naval Base. Photographerr: Tomohiro Ohsumi/Getty Images
Prime Minister Anwar Ibrahim signaled that Malaysia could play a role in ending the conflict in the Middle East, saying leaders from Gulf states have used his country as a channel to Iran’s leadership.
Prime Minister Anwar Ibrahim signaled that Malaysia could play a role in ending the conflict in the Middle East, saying leaders from Gulf states have used his country as a channel to Iran’s leadership.
Australia will raise defense spending to 3% of gross domestic product by 2033, Defense Minister Richard Marles said, including increased outlays on drones as it responds to rising conflict globally and China’s military buildup.
Australia will raise defense spending to 3% of gross domestic product by 2033, Defense Minister Richard Marles said, including increased outlays on drones as it responds to rising conflict globally and China’s military buildup.
Australia will raise defense spending to 3% of gross domestic product by 2033, Defense Minister Richard Marles said, including increased outlays on drones as it responds to rising conflict globally and China’s military buildup.
Australia will raise defense spending to 3% of gross domestic product by 2033, Defense Minister Richard Marles said, including increased outlays on drones as it responds to rising conflict globally and China’s military buildup.
Australian Prime Minister Anthony Albanese will make his second visit to Southeast Asia in less than a week as he tries to shore up fuel supplies against the backdrop of the Trump administration’s threat to blockade the Strait of Hormuz.
Australian Prime Minister Anthony Albanese will make his second visit to Southeast Asia in less than a week as he tries to shore up fuel supplies against the backdrop of the Trump administration’s threat to blockade the Strait of Hormuz.
Anthony Albanese, Australia's prime minister, during a news conference in Sydney, Australia, on Monday, Dec. 15, 2025. Australia will consider toughening gun laws after a father and his son killed 15 people in the nation’s deadliest terror attack, opening fire on members of the Jewish community who were celebrating the start of Hanukkah at Sydney’s iconic Bondi Beach on Sunday evening.
Australia’s central bank said local households and firms are broadly well placed to cope with recent interest-rate increases and surging fuel prices from the escalating Middle East conflict, while highlighting the potential for an unexpected shock as a result of elevated international risk.
Australia’s central bank said local households and firms are broadly well placed to cope with recent interest-rate increases and surging fuel prices from the escalating Middle East conflict, while highlighting the potential for an unexpected shock as a result of elevated international risk.
The Reserve Bank of Australia (RBA) building in Sydney, Australia, on Friday, July 14, 2023. Australia's treasurer announced that Michele Bullock will be the new Reserve Bank governor when incumbent Philip Lowes term expires in September, becoming the first woman to helm the nations central bank. Photographer: Brent Lewin/Bloomberg
Australia’s central bank Governor Michele Bullock said judging the economy is “a little bit more difficult” now than in previous periods when it was raising interest rates, reinforcing her cautious policy stance.
Australia’s central bank Governor Michele Bullock said judging the economy is “a little bit more difficult” now than in previous periods when it was raising interest rates, reinforcing her cautious policy stance.
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a hearing before the House of Representatives economics committee in Canberra, Australia, on Friday, Feb. 6, 2026. Australia’s central bank is trying to determine whether a surge in inflation is temporary or more entrenched, Bullock told lawmakers, sidestepping attempts to pin responsibility on government spending.
Australia’s central bank Governor Michele Bullock said judging the economy is “a little bit more difficult” now than in previous periods when it was raising interest rates, reinforcing her cautious policy stance.
Australia’s central bank Governor Michele Bullock said judging the economy is “a little bit more difficult” now than in previous periods when it was raising interest rates, reinforcing her cautious policy stance.
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a hearing before the House of Representatives economics committee in Canberra, Australia, on Friday, Feb. 6, 2026. Australia’s central bank is trying to determine whether a surge in inflation is temporary or more entrenched, Bullock told lawmakers, sidestepping attempts to pin responsibility on government spending.
Australia’s new Liberal opposition leader Angus Taylor unveiled his shadow ministry on Tuesday with fresh faces in key portfolios ranging from treasury to defense as he seeks to reverse a slide in the fortunes of the center-right Coalition.
Australia’s new Liberal opposition leader Angus Taylor unveiled his shadow ministry on Tuesday with fresh faces in key portfolios ranging from treasury to defense as he seeks to reverse a slide in the fortunes of the center-right Coalition.
Angus Taylor Photographer: Hilary Wardhaugh/Getty Images
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