Current Australia News Today
| Australia approves huge India-backed mine|
Australia has given the go-ahead to a massive coal mine in Queensland state which Environment Minister Greg Hunt said Monday could ultimately provide electricity for up to 100 million Indians. Hunt said approval for Indian firm Adani's Aus$16.5 billion (US$15.5 billion) Carmichael coal mine and rail project, which has been criticised by anti-coal groups, was subject to 36 conditions. State ...
Sun, 27 Jul 2014 20:29:06 -0700
| Australia's NAB sells $1 billion UK property loan portfolio|
National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors. NAB, which has seen its UK business drag on earnings in recent years, declined to disclose the sale price. NAB owns the Clydesdale and Yorkshire Banks in the United Kingdom. The sale ...
Sun, 27 Jul 2014 19:02:38 -0700
| Four more swim golds for Australia, double joy for England|
Australia continued to lead the way in the pool at the Commonwealth Games as they won four more gold medals on Friday, while England claimed their first two swimming golds. There was also more joy for the hosts Scotland as Dan Wallace won the men's 400m individual medley and Canada's Katerine Savard was the other victor of the evening in the women's 100m butterfly. Australia's gold rush ...
Fri, 25 Jul 2014 15:05:24 -0700