Australia – World Top News Now

25Jul

By AdminsNo Comments

Australia backs trade position in face of ‘unjustified’ new US tariffs

Australia has voiced its disappointment but boasted of its trade position after it was hit with a new round of tariffs by the Trump administration. In an announcement on Friday, US Trade Representative Jamieson Greer said new import tariffs of 10 per cent to 12.5 per cent would apply to 60 trading partners around the world as the country frames the decision around the human rights issue of modern slavery. Donald Trump’s administration has unveiled a new round of tariffs. AP According to the documents provided, Australian imports will be hit with a 12.5 per cent tariff. Australian Trade Minister Don Farrell said he was disappointed in what was an “unjustified” decision and defended the government’s track record on the issue of modern slavery. “The Albanese government ...

13May

By AdminsNo Comments

Plans for Australia’s first Trump Tower scrapped due to ‘toxic’ brand, developer says

@EricTrump/X A concept image of the Trump International Hotel & Tower Gold Coast Plans for a AU$1.5bn ($1.1bn; £802bn) Trump Tower in Queensland have been scrapped with an Australian developer blaming the "toxic" Trump brand and the Iran war for the project's demise. It comes just three months after the deal was announced, with claims that the 91-story luxury hotel on the Gold Coast would be Australia's tallest building, measuring 335 metres (1,100 ft) high, taller than the Shard in London. Details about the project have been deleted from the Trump Organization's website with a spokesperson saying the developer had not met obligations. Altus Property Group denied those claims and maintained the project would continue with other luxury brands as options. ...

10Apr

By AdminsNo Comments

Iran war to permanently scar global economy even if peace is reached: IMF

The head of the International Monetary Fund (IMF) has warned the Iran war will cause permanent scarring on the global economy even if the fragile two-week ceasefire holds. In a keynote address yesterday, Kristalina Georgieva said the conflict has reversed the global economy's recent surge, which was driven by the AI boom and tech investment. "In fact, had it not been for this shock, we would have been upgrading global growth," she told attendees in Washington. IMF managing director Kristalina Georgieva delivering a keynote address in Washington yesterday. (IMF) "But now, even our most hopeful scenario involves a growth downgrade. Why? Because of significant infrastructure damage, supply disruptions, losses of confidence, and other scarring effects. "Even in the...

21Mar

By AdminsNo Comments

How are planes still flying through the Middle East? Are there safe routes for Australians to use?

The war in the Middle East has caused significant disruption to air travel around the world, including Australia. With hubs such as Doha, Abu Dhabi and Dubai being used by countless Aussie travellers to get to Europe, thousands were left stranded when conflict began earlier this month. Despite the threat of drone strikes and missiles in the area, thousands of Australians have been safely evacuated on repatriation flights offered by multiple airlines, but how are they able to do it, and what alternative flight routes should Aussies use if they want to get to Europe or other parts of the world? Qatar Airways is still carrying out some flights to Australia. (iStock) Has Middle East airspace opened? This question is hard to answer because it changes frequently....

15Mar

By AdminsNo Comments

Trump issues cry for help to other nations to keep oil flowing during Iran war

US President Donald Trump has called on several other countries to send ships to the Middle East to open the Strait of Hormuz and ease the global oil supply disruptions brought on by his war in Iran. The Strait of Hormuz is a critical but narrow waterway in the Gulf region through which ships carrying one-fifth of the world's oil supply pass. It has all but shut due to the war in Iran. Trump today declared he has "beaten and completely decimated Iran, both militarily, economically, and in every other way", but in the same breath asked countries to help secure the 39-kilometre-wide passage. US President Donald Trump wants other nations to send ships to the Strait of Hormuz. (AP) "We have already destroyed 100 per cent of Iran's military capability, but it's eas...

23Feb

By AdminsNo Comments

The US shut down its Global Entry system amid government chaos. Here’s what that means for Aussie travellers

The US Global Entry program just slammed shut and it could cause major issues for Australian travellers. Global Entry is a US customs program that which offers some Australians a streamlined, expedited clearance through dedicated lanes at immigration. It functions like a membership program that allows pre-approved, low-risk Aussie travellers to use special kiosks when entering the US to get through customs quickly. The USA just shut down it Global Entry system amid government chaos, and it could have a major impact on Aussies. (AP) Aussies can apply online, then undergo a background check and interview before being approved for a five-year Global Entry membership. The non-refundable application fee is $US100. Aussies travelling to the US still need t...

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