Australia — Page 62

Location · 1573 published stories · 377 outlets · All places

WA's $30B Browse Gas Project Nears Federal Decision Amid Net-Zero Concerns

The federal environment department is set to make a decision on Woodside's $30 billion Browse gas project off Western Australia's coast by the end of 2026, eight years after it was first proposed. A Deloitte report commissioned by Woodside argues the project would boost energy security without derailing net-zero goals, while environmentalists warn of risks to Scott Reef and significant emissions.

1 outlet · 2 articles May 7, 2026

Two Britons from hantavirus-hit MV Hondius return to UK, officials say

Two UK nationals who were aboard the MV Hondius cruise ship during a hantavirus outbreak have returned to the UK and are self-isolating, according to health officials. The pair, who left the ship in late April, are not showing symptoms, while a British crew member was medically evacuated. The outbreak has killed three people, and authorities are monitoring and isolating other British nationals at a facility in northern England.

1 outlet · 2 articles May 7, 2026

KOSPI crosses the 7,000 mark for the first time, buoyed by AI stock rally

South Korea's main stock index, the KOSPI, surged past the 7,000-point level for the first time in history, closing at 7,384.56, as technology stocks rallied on expectations of high demand for AI-related chips and on optimism that the Middle East conflict would remain contained. The index has been on a record-breaking run, surpassing 6,600 last week and closing over 6,900 earlier this week.

2 outlets · 3 articles May 6, 2026

RBA Warns of 'Harsh Reality' as Iran War Forces Third Consecutive Rate Hike

The Reserve Bank of Australia has raised interest rates to 4.35% amid a supply shock from the Iran war, warning that Australians face a period of diminished prosperity with headline inflation surging to 4.6% and economic growth halving to 1.3%. Governor Michele Bullock acknowledged the central bank is navigating unprecedented uncertainty regarding the conflict's duration, while external economists warn of stagflation risks and public anxiety about recession reaches 62% of households.

2 outlets · 5 articles May 5, 2026

Philip Morris warns illegal tobacco could wipe out legal market in Australia by 2030 in closed-door Senate hearing

Philip Morris executives gave private evidence to a Senate inquiry into illegal tobacco, warning that illicit products could eliminate the legal market by 2030 and urging a cut to tobacco excise. The closed session drew criticism from health groups and the federal health minister, who cited Australia's obligations under the WHO tobacco control treaty.

2 outlets · 4 articles May 5, 2026