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Australia signs contract to build 12 submarines

Australia signs contract to build 12 submarines

Canberra : The Australian government on Monday announced the signing of a A$50 billion ($35 billion) agreement with the French Naval Group for the construction of its new fleet of 12 Attack class submarines. In a “defining moment for the ...

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Infosys to create 1,200 jobs in Australia by 2020

Infosys to create 1,200 jobs in Australia by 2020

Bengaluru : Software major Infosys on Thursday said it will be creating 1,200 jobs and opening three innovation hubs in Australia by 2020 to reduce digital skills gap. “We are creating 1,200 new skilled jobs for graduates and professionals and ...

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Australia begins probe into financial sector misconduct

Australia begins probe into financial sector misconduct

Canberra : Australia’s Royal Commission into misconduct of the financial sector began its first public hearing on Tuesday with a focus on residential mortgages, car finance, and credit cards. Several major banks, including the National Australia Bank (NAB), the Commonwealth ...

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Australians hand in 57,000 firearms during gun amnesty

Australians hand in 57,000 firearms during gun amnesty

Canberra : At least 57,000 illegal firearms were handed in during the three-month national gun amnesty period in Australia, which would help prevent their use in terrorist acts, official sources said on Thursday. The national gun amnesty, from July 1 ...

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Australia to hold royal commission inquiry into banks

Australia to hold royal commission inquiry into banks

Canberra : The Australian government on Thursday announced the establishment of a royal commission to investigate misconduct by the country’s major banks and other financial institutions in order to restore public confidence. Prime Minister Malcolm Turnbull and Treasurer Scott Morrison ...

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