All the headlines from our Australia Topic Page, ordered by recency.
Aug 21 2009 // Australia’s Macquarie Group Ltd. is in talks to acquire Fox-Pitt Kelton Cochran Caronia Waller, a small investment bank owned by its management and private equity firm J.C. Flowers & Co LLC, a person familiar...
Aug 20 2009 // A major inquiry into Australia’s wildfire disaster earlier this year has found that warning systems are dangerously flawed, and residents in vulnerable areas need better, faster information to escape quick-moving...
Jul 21 2009 // Some Asia-Pacific nations criticized U.S. and other developed world protectionism on Tuesday at a meeting aimed at spurring a global trade pact and revitalizing the global economy.Thai Commerce Minister Pornthiva Nakasai,...
Jul 8 2009 // The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said.“We are...
Jun 2 2009 // Insurance Australia Group Limited (IAG) has confirmed that it currently expects to pay between A$25 million and A$35 million (US$20.2 to $28.3 million) to customers affected by the recent storms in south-east Queensland...
May 19 2009 // The Australian navy thwarted an attack by pirates on two merchant ships in the dangerous waters off Yemen, Australian defense officials said Monday.Crew members aboard the MV Dubai Princess raised distress signals Sunday...
May 14 2009 // The National Insurance Brokers Association (NIBA) has issued a “Discussion Paper,” outlining the reasons for its opposition to the high taxes imposed on insurance transactions in Australia.The NIBA is the...
Mar 26 2009 // Global warming is more than a third to blame for a major drop in rainfall that includes a decade-long drought in Australia and a lengthy dry spell in the United States, a scientist said on Wednesday.Peter Baines of...
Mar 24 2009 // Research showing an El Nino event in 1918 was far stronger than previously thought is challenging the notion that climate change is making El Nino episodes more intense, a U.S. scientist said on Tuesday.El Nino causes...
Mar 23 2009 // According to a study from Australian insurer NRMA, part of the Insurance Australia Group (IAG), younger drivers, who listen to music while at the wheel, are acting dangerously.NRMA said its research “revealed almost...
Mar 16 2009 // About half of the white sand beaches along Australia’s northeast coast that were blackened by an oil spill have been cleared, an official said Sunday.Authorities declared a disaster zone along 37 miles (60...
Feb 10 2009 // Weekend bushfires in Australia that killed 173 people are a climate change wake-up call for the public and politicians and a window to the future, experts said on Tuesday.With the death toll still growing from the...
Feb 10 2009 // Australian police treated the country’s entire bushfire disaster zone as a crime scene on Tuesday as investigators combed through a blackened wasteland to find clues to the culprits behind the country’s...
Feb 10 2009 // A report from Risk Management Solutions states that the current rash of bushfires in Australia is “one of its worst outbreaks of wildfires ever, with whole towns almost completely destroyed and over one hundred...
Feb 9 2009 // Weary firefighters and rescuers pulled the remains of dozens of people from charred buildings on Monday as the death toll rose to 131 from Australia’s deadliest bushfires.“Everybody’s gone....
Jan 7 2009 // An Australian woman in Adelaide has been charged with murder after allegedly setting her husband’s genitals on fire because she thought he was having an affair.Prosecutors told the Adelaide Magistrates Court on...
Dec 19 2008 // The UK’s Chartered Insurance Institute said in a brief statement that it has “has decided to terminate the proposed merger with the Australian professional body ANZIIF after a number of financial discrepancies...
Dec 17 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ ratings on Insurance Australia Group Ltd.’s (IAG) core operating companies, including Insurance Australia Ltd. and IAG New Zealand...
Dec 16 2008 // Bermuda-based Aspen Insurance Holdings Limited announced that its subsidiary, Aspen Insurance UK Limited, has been authorized by the Australian Prudential Regulation Authority to operate as a branch insurer to underwrite...
Dec 15 2008 // Aon Corp. announced that Jim Finnamore will join the firm in January as regional director of Aon Environmental Services Group, Asia-Pacific. He will be based in Singapore and will coordinate the delivery of the...