International Business Times AU

Top Story

Australian legislation could force social media firms to take steps to prevent those under 16 years of age from accessing platforms such as X, TikTok, Facebook and Instagram

Australia Eyes AU$50M Fine For Social Media Flouting Under-16s Ban

Australia is among the vanguard of nations trying to clean up social media, and the proposed age limit would be among the world's strictest measures aimed at children.

Rex Airlines Secures Extension To Continue Regional Services Until June 2025
The government is providing up to AU$80 million to support Rex's regional routes during this period, recognizing the airline's vital role in regional Australian communities.
Australia's AU$230 Billion Future Fund To Drive Housing, Green Energy, Infrastructure Investments
Treasurer Jim Chalmers and Finance Minister Katy Gallagher confirmed in a joint statement that the fund's main goal was to maximize returns, with the growth rate benchmark and risk profile remaining unchanged.
Australia's Big Banks Partner With Israeli Startup To Combat Payment Scams
BioCatch Trust Australia will be used to assess whether customers of the Commonwealth Bank of Australia, National Australia Bank (NAB), ANZ Group Holdings, Westpac, and Suncorp Bank were legitimate or fraudulent.
Dozens Feared Dead In Gaza After Israeli Strikes
Dozens of people were killed or unaccounted for after Israeli strikes on the Gaza Strip, a hospital director and the civil defence agency said Thursday.

Adani Plunges In Mumbai On Founder's Charges As Asian Markets Retreat

Shares in Indian conglomerate Adani tanked on Thursday after its industrialist owner Gautam Adani was charged by US prosecutors with handing out more than $250 million in bribes for key contracts.

WAR IN UKRAINE

Ukrainian firefighters work at the scene of a strike following the aerial attack in Dnipro

Kyiv Accuses Russia Of Launching Intercontinental Ballistic Missile Attack

Kyiv on Thursday accused Russia of launching a non-nuclear intercontinental ballistic missile at Ukraine in what would mark the first ever use of the weapon in combat and a sharp escalation of the conflict.

Economy in Focus

Civil War Economy Hits Myanmar Garment Workers
As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.
Stock Markets Gain, Dollar Higher Before Nvidia Earnings
Business Insolvencies Hit 3-Year High, Hospitality And Construction Sectors Struggle Most: Report

More News

RBA Holds Interest Rates Steady, Signals Readiness To Act Amid Economic Shifts
As underlying inflation remained "too high," RBA noted that it wanted to see consistent inflation data before considering a rate cut, to ensure any decline was sustainable.

US Govt Calls For Breakup Of Google And Chrome

The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.