At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Persistent inflation is raising concerns that interest rates could remain high for longer, putting pressure on borrowers, property prices and share markets. Australia’s 10-year government bond yield is near its highest level in 15 years. US 10-year bond yields have also reached their highest point since the global financial crisis. Bond yields rise when investors demand greater returns for

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Migration has become a major political issue in Australia, with Labor, the Coalition and One Nation promoting different plans to reduce or manage the country’s intake. A recent One Nation voter study found migration was a key issue driving support for the party, suggesting voters are increasingly focused on population growth and housing pressures. Latest figures show Australia’s net oversea

This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Two SriLankan Airlines flights from Sydney and Melbourne to Sri Lanka have been rerouted due to volcanic activity in Indonesia, according to reports. Several Middle Eastern airlines operating routes between Australia and Indonesia have also changed their flight paths. The Anak Krakatau volcano, located between Java and Sumatra, became active on Se

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Melbourne Airport will launch new pick-up and drop-off areas on October 6, marking its biggest road network changes since the airport opened in 1970. The current zones will close, with drivers required to use new facilities inside the undercover parking area. Motorists travelling to the terminals will need to leave the Tullamarine Freeway earlier at Exit 19 and follow the elevated roadway t

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Falling property prices alone will not solve Australia’s housing affordability crisis, a federal parliamentary committee has been told. NAB chief economist Sally Auld said the problem had developed over decades and could take at least 20 years to address. Speaking to the Senate committee on Thursday, Auld identified limited housing supply as the main cause. She also pointed to strong demand

This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. Police officers who refuse to accept valid Digital Insurance Cards and inconvenience motorists will face disciplinary action, Deputy Inspector General of Traffic Control and Road Safety W. P. J. Senadheera has warned. Speaking at a media briefing on September 3, the DIG said officers at the Padukka and Gampaha Police Stations had reportedly caused

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Australia’s proposed tax changes are facing criticism from tax professionals who say the government moved ahead without enough consultation. Speaking at the Tax Summit in Sydney, tax lawyer and former EY director Tracey Dunn warned that the reforms were overly complex and could lead to more disputes between taxpayers and the Australian Taxation Office. She said the proposed capital gains ta

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. Australian households are being urged to plan their Christmas budgets, with global food costs expected to push up prices for many festive favourites. Rabobank says a combination of international conflicts, extreme weather and rising farming costs is putting pressure on global food markets. Basic ingredients such as sugar and flour are among those facing stronger price pressures. This could

This is a developing story brought to you by Aus News Lanka, your trusted source for news for Sri Lankans in Australia and beyond. ශ්‍රී ලංකාව ලොව රටවල් අතරින් වැඩිම රාජ්‍ය නිවාඩු සංඛ්‍යාවක් සහිත රටවල් අතර තෙවැනි ස්ථානයට පත්ව ඇති බව Pew Research Center විසින් සිදුකළ නව විශ්ලේෂණයකින් අනාවරණය වී තිබේ. එම ලැයිස්තුවේ ශ්‍රී ලංකාවට ඉදිරියෙන් සිටින්නේ මියන්මාරය සහ බංග්ලාදේශය පමණි. පෙබරවාරි 12 වැනිදා නිකුත් කළ එම වාර්තාවට අනුව, 2026 වසරේදී ශ්‍රී ලංකාවේ රාජ්‍ය නිවාඩු දින 25ක් පවතින අත

At AusNewsLanka, we aim to keep the Australian community informed with timely updates. A major fire has severely damaged Tungatinah Power Station in Tasmania’s Central Highlands, but authorities say there is currently no threat to the state’s electricity supply. Emergency crews were called to the station near Tarraleah at about 9pm, with around 25 crews and 45 personnel eventually involved in fighting the blaze. Difficult conditions and the site’s extensive electrical infrast