Ford calls it quits in Australia

May 23, 2013
Ford Motor Company is calling it quits in Australia, after a nearly 90-year run. The U.S. automaker says it will shut down its two factories down under and halt production in 2016.

Chinese customers stockpile Australian baby formula

Jan 10, 2013
Supermarkets and pharmacies in Australia are reporting a shortage of the baby formula Karicare due to stockpiling by Chinese customers.

Tobacco packaging laws could hurt Australian retailers

Dec 3, 2012
Over the weekend, the world’s most restrictive packaging law for cigarettes went into effect in Australia. All tobacco products in the country must now be sold in the same generic package, covered with images of diseases caused by smoking.

Court rules against Lehman Brothers in Australia

Sep 24, 2012
It's been four years since the investment bank Lehman Brothers went under, and a federal court in Australia has just found the bank liable for damages in a class action lawsuit over the sale of mortgage-backed securities.

China's latest export: Cars with asbestos parts

Aug 15, 2012
Australia has told big Chinese automakers Chery and Great Wall to recall thousands of vehicles after discovering asbestos in their auto parts.

How Australian cigarette restrictions compare to others

Aug 15, 2012
Today, Australia's highest court ruled the government there can go ahead with plans to force tobacco companies to sell cigarettes with nothing but a plain package -- no branding at all, just those graphic warnings that say tobacco can kill…

Australia's carbon tax boosts gambling

Aug 7, 2012
A national emissions tax pushed up some electricity and fuel prices so low-income Australians get a rebate check. Many, however, use it to gamble.

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In Australia, carbon tax kicks in

Jul 4, 2012
In Australia, Aussies are getting used to the first week under a new carbon tax. The country's biggest polluters are paying a steep $24 per ton of carbon emitted -- that's more than twice the cost of carbon permits in…

Taxing the use of Internet Explorer 7

Jun 22, 2012
Do you constantly ignore that pop up message telling you to update your web browser? An online retailer in Australia plans to put a kind of tax on customers who shop using outdated browsers.

Australia could bring back crocodile hunting safaris

Jun 18, 2012
The government in Australia wants to boost the sagging tourism industry. One idea: Bring back the crocodile hunt.