Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.» Read More
Steven Ciobo, parliamentary secretary to the Minister for Trade and Investment and Minister for Foreign Affairs of Australia, discusses the relationship with Indonesia after the execution of two Australian drug convicts.
Amid a weak domestic economy, the Reserve Bank of Australia has to "do its job" by cutting interest rates, says David Bassanese, chief economist of BetaShares Capital.
A rate cut by the Reserve Bank of Australia will serve as a prelude to growth forecast downgrades in Friday's quarterly statement, says Ben Jarman, senior economist at JP Morgan.
TS Lim, financials analyst at Bell Potter, says a fall in bad debt charges raises questions about the quality of Westpac's earnings.
The Reserve Bank of Australia will likely cut rates this week amid economic headwinds and the Aussie dollar could see more volatility, says Tony Nash, vice president at Delta Economics.
Daniel Hynes, commodity strategist at ANZ Research, attributes a rise in investor appetite for commodities to factors like a weaker U.S. dollar and easing moves from China.
With Australia's major banks priced for perfection, Westpac's minor miss on expectations will see its shares come under pressure, says David Ellis, head of Australian Banking Research at Morningstar Australasia.
The RBA's decision may come down to the wire at its policy meeting Tuesday, as economists eye a rate cut despite concerns over a strong currency and home prices.
Kumar Palghat, director at Kapstream, expects the Reserve Bank of Australia to cut rates at Tuesday's policy meeting even though easing measures are having a mixed impact on the economy.
With capital punishments also in place in Singapore and Malaysia, it is unfair for Indonesia to be criticized for the execution of drug convicts, says Bambang Brodjonegoro, finance minister of Indonesia.
April 30 is the National Pay it Forward day and CNBC speaks to Chris Ridd, managing director at Xero Australia, about kind deeds that the company is involved in.
Taimur Baig, chief economist, Asia at Deutsche Bank, expects "cool heads to prevail" when it comes to economic and trading ties between Indonesia with both Brazil and Australia.
An Indonesian firing squad executed eight drug convicts, prompting Australia to recall its envoy and drawing an angry reaction from Brazil.
Diana Sayed, crisis campaigner at Amnesty International, says Indonesia must give "rule of law and due process" to the group of drug-crime convicts on death row.
Years of overfishing, boating and environmental degradation are causing coral reefs to disappear, and scientists say that's a huge danger around the world.
President of China announced plans for $46 billion of new infrastructure spending in Pakistan, reports The Fiscal Times.
Iron-ore's plunge has put Western Australia's credit rating under pressure, but that's not likely to imperil Australia's AAA just yet, analysts said.
With Australia's inflation and jobs data showing signs of improvements, markets are pricing in too much for a May rate cut, says Jesper Bargmann, head of Trading, Asia at Nordea Markets.
The price of iron ore soared overnight as BHP Billiton signaled it would slow its expansion programs, says Jonathan Barratt, chief investment officer of Ayers Alliance Securities.
Colin Chapman, president of Australian Institute of International Affairs NSW, explains why Australian prime minister Tony Abbott's advice to Europe is "a bit premature."