Ansuya Harjani joined CNBC's web and digital team in 2010, where she writes investment and feature articles with a focus on Asian economies. Prior to joining CNBC, she was a producer for the BBC's "Asia Business Report." Harjani holds a bachelor's degree in international relations from the University of Virginia.
Australia has several characteristics conducive for commercializing its shale-rich regions.
Australian Treasurer Joe Hockey is exaggerating future budget deficits so he can get out of election commitments, said former deputy PM Wayne Swan.
Joseph Chen, CEO of Renren, says he is not influenced by the performance of the company's shares, which have plunged nearly 80 percent since 2011.
Australia needs to address issues impeding its oil and gas sector or it risks losing out on $180 billion in investments, industry participants say.