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New report details Sri Lanka's economic performance in Q2 2026
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Sri Lanka’s economy expanded by 4.2 per cent in the second quarter of 2026, slowing from the 5.0 per cent growth recorded during the same period last year. The latest economic data shows mixed performance across key sectors. Industrial activity grew 7.3 per cent and the services sector expanded 2.7 per cent, while agriculture contracted by 2.3 per
Sep 212 min read
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Ballarat North Suburb Approved for 13,000 Residents
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. The Victorian Government has approved plans for a new suburb in Ballarat, expected to accommodate around 13,000 residents. The 832-hectare development will be built on rezoned farmland near Mount Rowan and Miners Rest, north of the Western Freeway. It is located about eight kilometres north of Ballarat’s CBD and 105 kilometres from Melbourne. The new suburb, known as Ballarat North, is a pr
6 minutes ago1 min read


SriLankan Airlines Melbourne-Colombo flight makes emergency landing at BIA
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. A SriLankan Airlines flight from Melbourne to Colombo declared an emergency shortly before landing at Bandaranaike International Airport (BIA) after a smoke warning was triggered in its cargo hold. Flight UL605, scheduled to arrive at 11.20pm on November 1, landed safely at the airport. All passengers and crew members disembarked safely. No injuri
2 hours ago1 min read


CBA Warns Australian Economic Growth Could Slow to 1 Per Cent
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Australia’s largest bank has warned the economy is facing growing pressure, with weaker growth and rising unemployment expected as the country prepares for another interest rate increase. In a research report released on Monday, Commonwealth Bank (CBA) said the Middle East conflict, high interest rates and weak productivity were weighing heavily on the economy. The bank now expects economic
2 hours ago2 min read


Westpac Warns Inflation Fight Is Not Over as Rate Rise Looms
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Australia’s inflation battle is far from over, with a major bank warning that further interest rate rises may be needed despite growing concerns about jobs and businesses. Westpac chief executive Anthony Miller said the Reserve Bank of Australia (RBA) was likely to continue raising rates to bring inflation under control. “We’re seeing the Reserve Bank very actively go after that challenge,”
24 hours ago2 min read


CBSL Governor Says Difficult Economic Decisions Must Be Taken Despite Public Opposition
This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Central Bank of Sri Lanka (CBSL) Governor Dr Nandalal Weerasinghe has stressed that essential economic policies must be implemented even when they are unpopular with the public. Speaking at a lecture at the University of Kelaniya, he said the Central Bank had already taken difficult decisions to protect the economy and would continue to introduce
1 day ago1 min read

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