Michael Heath

Australia needs to be more relaxed about Chinese cash despite the political tensions that come with it, says the head of Australia’s foreign investment watchdog.

Federal Reserve officials are looking to Australia’s record run of economic growth for hope that a U.S. recession may not be inevitable.

As real-estate agent Adam Wong works through Australia’s worst property downturn in decades, he’s also found himself at the mercy of China’s slowing economy.

The country is poised to vote in a Labor government just as it clinches the record for the longest stretch of economic growth.

As China-Australia relations descend into a morass of sanctions and mutual recriminations, Beijing is delivering a huge cash windfall to Canberra and Australia’s economy through its insatiable demand for iron ore.

Australia Offers Lessons to World on Immigration, Border Policy  Bloomberg

Island nations scattered across the Pacific Ocean are at the center of an intensifying competition between China and the US for maritime routes, deep-water ports and other strategic assets in what the Lowy Institute calls a new “Great Game.”

Australian retail sales growth stalled in July as elevated interest rates force households to hunker down on discretionary spending.

Australian central bank chief Michele Bullock said it’s too early to judge the impact of President-elect Donald Trump’s policies as it remains unclear what he will actually end up implementing.

Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the risk of a flood disaster in the area.