SUMMARY Rare earth minerals have become indispensable to the manufacture of everything from mobile phones and…
Australia
Business and investment news and opportunities in Australia
STATS
Source: World Bank
Currency: Australian dollar
GDP: 1.434 trillion USD (2018)
GDP per capita: 57,373.69 USD (2018)
GDP growth rate: 2.9% annual change (2018)
Gross national income: 1.251 trillion PPP dollars (2018)
GNI per capita: 50,050 PPP dollars (2018)
Internet users: 86.54% of the population (2017)
NSW green energy superpower ambitions get $4.2bn boost
New South Wales (NSW)’s ambitions to become a green energy superpower moved one step closer to…
Green light for $20bn Australia-Singapore Power Link
Driven by a 10GW solar farm located on a cattle station half way between Alice Springs…
Chile snubs China with Transoceanic Cable decision
Chile has chosen Australia as the final destination for the Transoceanic Cable, the first fibre-optic subsea…
‘Travel bubbles’ give trade and tourism grounds for hope
The global tourist industry is estimated to account for more than 10% of the world’s GDP…
Boom time for domestic tourism?
Domestic tourism: At first sight, logic would suggest that those countries who have led the race…
Australia rebuffs China over Silk Road
China is expected to suffer a rare setback in its drive to develop its $4trn One…
China blows competition away with $360bn plan for renewable energy
China is planning to plough nearly $360bn into renewable energy generation by the end of the…
Alrosa launches Eurasian Diamond Centre in Vladivostok as Eastern Economic Forum gets under way
Alrosa, Russia’s largest diamond mining operation, launched the Eurasian Diamond Centre in Vladivostok yesterday to coincide with…
PM Turnbull calls for free trade deal between Australia and Britain
A free trade deal between Australia and Britain should be set up as soon as possible, Australian…
Asian budget carriers join forces to set up Value Alliance
Value Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s…
Australian LNG exports set to overtake Qatar by 2020, claims bullish PM
Australian LNG exports are set to triple by the end of the decade and overtake Qatar’s, a…
US and Australia to lead surge in LNG production, predicts new report
The US and Australia will be the frontrunners in the the growth of gas and LNG production over the…
Queensland LNG plant threat to Siberia’s Asian sales
Queensland LNG plant: A new liquefied natural gas plant in Australia could threatens Siberia’s dominance as an LNG…
Russian banned food import list published
Russian banned food import list: The Russian government has published a list of EU, US, Canadian and…