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Australia
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Current Australia News Today Australia keeps interest rates steady at 4.25% Australia's central bank left official interest rates steady at 4.25 percent, saying global conditions had, on balance, improved and local growth and inflation were close to target. Mon, 06 Feb 2012 21:37:23 -0800 Australia floods fail to dampen big cotton crop SYDNEY (Reuters) - Australia's projections for a bumper cotton crop remain on track despite a week-long deluge in major growing regions that forced thousands of residents from their homes and left rivers dangerously swollen. Australia is the world's third-largest cotton and sugar exporter, fourth-largest wheat exporter and a big supplier of other agricultural and mineral commodities. Heavy rains ... Mon, 06 Feb 2012 22:03:52 -0800 Australia imposes new sanctions on Syrian leaders CANBERRA (Reuters) - Australia imposed new travel bans and financial sanctions on Syrian leaders on Tuesday as it steps up actions to force an end to violence against Syria's civilian population. Foreign Minister Kevin Rudd said more than 5,000 people had been killed in a year of violence in Syria and President Bashar al-Assad had shown complete disregard for the rights and welfare of the Syrian ... Mon, 06 Feb 2012 22:51:26 -0800 National Australia First-Quarter Profit Rises on Lending Growth National Australia Bank Ltd.’s cash profit climbed 7.7 percent in the first quarter as it increased lending faster than rivals, even as the profitability of loans waned on higher wholesale funding and deposit costs. Mon, 06 Feb 2012 20:02:16 -0800 Australia Holding Rate on EU Progress Spurs Currency: Economy Australia unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis, sending the nation’s currency soaring to a six-month high. Mon, 06 Feb 2012 21:58:22 -0800 |
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