Latest Australia Stories
Insurers Urge Australia to Launch $21 Billion Flood Defense Fund
Mar 2 2026 // Insurers in Australia are urging legislators to set up a A$30 billion ($21.4 billion) flood defense fund as the nation grapples with surging costs from extreme weather events.Funding would be used on tasks including the...
Australia Hits New Renewable Milestone of Over 50%
Jan 29 2026 // Australia hit a new clean energy milestone during the December quarter, even as power demand rose over 2.2% from a year earlier, the Australian Energy Market Operator (AEMO) said on Thursday.Gas-fired generation fell to...
Australian Broker AUB Agrees to Buy Majority Stake in UK’s Prestige
Jan 28 2026 // AUB Group Ltd., the Sydney, Australia-based brokerage and underwriting agency group, announced it has entered into an agreement to acquire 95.9% of Prestige Insurance Holdings Ltd. for $432 million (US$300.1...
One Dead in Australian Wildfires That May Burn for Weeks to Come
Jan 12 2026 // One person has died in wildfires in the Australian state of Victoria that have burned out an area slightly larger than Rhode Island.A body was found about 100 meters from a vehicle near the fire-affected town of Gobur,...
Australian State Faces Catastrophic Fire Risk From Heat Wave
Jan 8 2026 // Australia is bracing for catastrophic fire risk in parts of Victoria on Friday as the country swelters through its worst heat wave since the Black Summer bushfires in the summer of 2019 and 2020.Temperatures rose above 45C...
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