Australia

OCBC signs 5-year partnership with Australian government to boost regional investment, trade

The framework will focus on sectors including energy transition, green transportation and fintech

The Trump brand was increasingly unpopular in Australia, according to its Australian partner, Altus Property Group.

Trump Tower plan for Australia’s Gold Coast scrapped three months after launch

The 91-storey hotel and apartment project in Surfers Paradise will no longer carry the Trump brand

Empty fuel dispensers at a Shell petrol station, Sydney, Australia, March 30, 2026.

Australia doomsday scenario sees oil hit US$200 on war escalation

Brent crude climbed 2 per cent to trade above US$106 a barrel on Tuesday

Australia's Prime Minister Anthony Albanese looks on as  Treasurer Jim Chalmers delivers the 2026-27 Federal Budget in the House of Representatives at Parliament House in Canberra.

Australia tackles property tax breaks, disappoints on deficit

The Budget’s housing package is a highlight, with a crackdown on tax concession for investors to help address intergenerational inequality

The budget is tipped to remain in the red over the coming years, just as the Middle East conflict darkens the economic outlook.

Australia seeks reform, inflation restraint in budget balancing act as Iran war darkens outlook

The central bank has lifted interest rates three times this year to head off the war-driven energy shock

Anthropic has launched Claude Mythos Preview under Project Glasswing, a tightly restricted access programme that includes major technology firms.

Australia regulator calls for urgent cybersecurity action to counter Mythos

Financial institutions are adopting AI at more than twice the rate of their supervisors

A campaign cutout depicting One Nation leader Pauline Hanson is displayed outside a pre-polling centre ahead of the Farrer by-election in Corowa, Australia, May 6, 2026.

As Trump-adjacent populism surges in Australia, Pauline Hanson cashes in

According to polls, Hanson has a higher personal approval rating than PM Albanese or conservative opposition leader Angus Taylor

Australia is one of the world’s largest LNG exporters and ships more gas overseas than it consumes domestically.

Australia requires LNG exporters to reserve 20% of gas for east coast market

The scheme will apply from July next year and replace a range of current gas market interventions

Despite being a major producer and exporter of energy, Australia sources the vast majority of its refined fuels from overseas.

Australia unveils A$10 billion fuel security plan push after Iran war supply shock

The country holds among the lowest stockpiles in the developed world

Wrapping up the May policy meeting, the Reserve Bank of Australia (RBA) raised its main cash rate by 25 basis points to 4.35%.

Australia’s central bank ramps up inflation fight with third rate hike this year

Markets price in further rate hikes, with peak seen at 4.60% by September