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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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ATO Recovers More Than $1.1 Billion in Unpaid Super for Australian Workers
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. The Australian Taxation Office (ATO) has helped recover more than $1.1 billion in unpaid superannuation for over 900,000 Australians during the past year. New figures show the ATO raised more than $1.1 billion in Superannuation Guarantee Charge liabilities through employer engagement and compliance activities. This represents a significant increase from the $795 million recorded in the prev
1 minute ago2 min read
A new study ranks Melbourne Airport among the least convenient airports
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Cairns Airport has been named Australia's most convenient airport, while Melbourne Airport has taken the bottom position in a new national ranking examining the cost and ease of travelling to major airports. The 2026 Airport Convenience Index, published by comparison website iSelect, assessed 11 major Australian airports. The study considered factors including parking costs and availability
1 hour ago2 min read
VCCI warns of Victoria's growing state debt
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Victoria's latest pre-election budget update has raised concerns about the state's financial future, with cash deficits expected to continue throughout the forward estimates period. The Victorian Chamber of Commerce and Industry (VCCI) has warned that the figures highlight the growing pressure on the state's finances and the need for stronger budget management. The organisation says Victori
2 hours ago2 min read
Australian Big Four Bank CEOs to Face Parliamentary Questions
At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Chief executives of Australia's four major banks will face parliamentary scrutiny in Canberra this week as a House of Representatives committee continues its review of the banking sector. The House Standing Committee on Economics will hold its second round of annual public hearings with the CEOs of the big four banks. Committee Chair Ed Husic said the banks played a significant role in Aust
1 day ago2 min read
Sri Lanka Earns Over Rs. 150 Billion from Minor Crop Exports
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 has generated more than Rs. 150 billion in revenue from minor agricultural crop exports during the first nine months of this year, with cinnamon emerging as the leading earner. According to the Department of Cinnamon Development, cinnamon exports brought in Rs. 76 billion between January and September. Director General Janaka Lindara sai
1 day ago1 min read
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