The U.S. State Department told the U.S. Congress on Thursday that Australia, Britain and the United States now have comparable export-control regimes, a significant step needed to facilitate technology sharing and allow the trilateral AUKUS defense pact to move ahead. AUKUS, formed in 2021 to address shared worries about China’s growing power, is designed to […]
Australian Retirement Trust, the nation’s second-largest pension, agreed to merge with smaller rival Qantas Super, in the latest sign of mega-funds ramping up their domination of the A$3.9 trillion ($2.6 trillion) industry. The merger will see ART, with almost A$300 billion under management, add another A$9 billion of assets to its books, it said in […]
Australia is set to begin manufacturing its own missiles within two years under an ambitious plan that will allow the country to supply guided weapons to the United States and possibly export them to other nations. The push to accelerate the creation of a local missile manufacturing industry in co-operation with the US will be […]
If investors are interested in the Indian economy, then they should pay attention to the Betashares India Quality ETF (ASX: IIND). It’s an ASX exchange-traded fund (ETF) that gives exposure to the Indian share market. India is now the most populated country in the world with more than 1.4 billion people. Of course, this means the country also has a very […]