A single, unprovoked punch to the head from a stranger was enough to kill teenager Thomas Kelly as he walked through Sydney’s most famous nightspot with his girlfriend. Almost two years on, authorities are fighting back.
Indonesian Foreign Minister Marty Natalegawa said Australia’s response to new spying allegations was “mind boggling,” as the New York Times reported a document leaked by U.S. whistle-blower Edward Snowden revealed monitoring of trade talks.
Australia & New Zealand Banking Group Ltd. illegally charged customers for making late credit card payments, a judge said in the first ruling of its kind in Australia with lawsuits against other banks set to follow.
A weaker Australian dollar will help improve the government’s finances as it seeks to narrow a budget deficit forecast to balloon to A$47 billion ($42 billion) this fiscal year, Assistant Treasurer Arthur Sinodinos said.
Treasury Wine Estates Ltd., the Australian maker of A$785-a-bottle ($686) Penfolds Grange, said first-half earnings fell as China’s crackdown on official gift giving curbed demand for premium vintages. The shares slumped by a record.