Australia

Australia defiant on WTO cigarette challenge

25 May 2012

Australia said Friday it would "vigorously defend" itself against complaints about its plan for plain cigarette packaging made by Honduras and Ukraine to the World Trade Organisation. The action ...

Australia approves foreign miners in 'lunacy' move

25 May 2012

Australia said Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom, in a move unions attacked as "sheer lunacy".

Australia's Fortescue: Customers Not Deferring Iron Ore Cargoes

25 May 2012

PORT HEDLAND, Australia -(Dow Jones)- Fortescue Metals Group Ltd. (FMG.AU) is selling every ton of iron ore it produces, despite a recent sharp price decline, Chief Executive Nev Power said Friday.