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Australia should invest in coal power to reduce emissions, minister says

Research touted by the resources minister that reportedly suggests Australia can rely on coal to meet emissions reduction has been attacked by experts and appears to have been misreported. The Australian reported on Tuesday that research conducted by the Department of Industry, Innovation and Science – and commissioned by Matt Canavan, the federal minister for resources – showed Australia could ...

Australia forecasts dramatic drop in iron ore prices through 2018

Australia on Monday forecast a dramatic decline in the price of iron ore — its most valuable export commodity — over the next two years to well below current market prices. The Department of Industry, Innovation and Science forecasts iron ore to average $51.60 a ton this year and $46.70 in 2018, compared with current spot prices of around $80, ...

Donald Trump will stop Australia-US refugee deal: US congressman Brian Babin

Donald Trump “will do everything in his power” to halt the refugee deal between Australia and the US, according to a hardline Texan congressman who is confident no resettlements will ever take place from Manus Island or Nauru. More than two months after the agreement between outgoing President Barack Obama and Prime Minister Malcolm Turnbull was announced, slow progress on ...

Australia Posts First Trade Surplus in Years

SYDNEY—Australia posted its first monthly trade surplus since early 2014 in November, as rising global commodity prices helped power exports, pointing to a possible quick rebound in the economy after its third-quarter contraction. Fueling the improved trade performance was a surge in coal and iron-ore prices last year that has helped global commodity exporters. The seasonally adjusted surplus of A$1.24 ...

Tony Abbott says Australia should suspend aid to Palestinian Authority

Tony Abbott wants Australia to suspend aid to the Palestinian Authority because “it keeps paying pensions to terrorists and their families”. The former prime minister made the call in an opinion piece published in the Spectator Magazine on Monday. Australia gives more than $40m a year in aid to Palestine, provided through United Nations agencies and some charitable organisations. The ...

Overseas invasion set to shake up Australia’s retail sector

A spate of new retailers is expected to expand into Australia in the coming year and even more are planning on expanding their online presence. Only seven percent of money spent in Australia’s retail sector is spent online, making Australia a very bricks and mortar dominant region. As a result, many international retailers have announced plans to expand their operations ...

Online New Year’s Threats Prompt Australian Arrest

SYDNEY —  Australian counter-terror officers arrested a 40-year-old man at Sydney Airport, after he disembarked from a flight from London, and charged him with making online threats “relating to New Year’s Eve” festivities in Sydney, police said Friday. The arrest follows police raids across the southern city of Melbourne a week ago, which authorities said foiled an Islamic State-inspired plot ...

Man filmed ‘fishing’ in floods amuses Australia

An Australian man has found instant fame after being filmed pretending to fish during flash floods in Melbourne. Video of Paris Diaz Jordanou hamming it up for news crews has been viewed more than five million times since Thursday. In the footage, Mr Jordanou is heard yelling “I’ll catch him” as a car begins to float in floodwaters. Social media ...

South China Sea tensions drive fishermen to Australia

The South China Sea dispute ripping Asia apart has landed in Australian waters, with authorities facing a surge in illegal Vietnamese fishing off northern Australia – a problem experts say is costing the country “millions”. About 150 illegal Vietnamese fishermen in 10 vessels have been arrested in Australian waters since March compared to none in 2015. With the Chinese coast guard excluding fisherman from the waters it claims around ...

Anger at death of Manus refugee in Australia

The Australian based Refugee Action Coalition says the death of a man medivacced from Papua New Guinea to Australia is yet another casualty of the systematic neglect that characterises Manus Island, and offshore detention. Sudanese refugee Faysal Ishak Ahmed collapsed at the Australian run detention centre on Manus Island and was evacuated to hospital in Australia last week. Australia’s Department ...