Australia

Toyota to cut 350 Australian jobs

Toyota logo Toyota Australia has confirmed it will cut 350 jobs due to pressures caused by the high Australian dollar.

New chief executive for News Ltd

John Hartigan has resigned as chief executive and chairman of News Ltd after a 41-year career at the publisher.

Making data science a sport

© Fairfax NZ News

An Australian statistician whose "crowd-sourcing for geniuses" website has solved some of the world's most intractable problems has just received an US$11 million injection.

Australia cuts OCR for first time since global crisis

Australia's central bank cut its main cash rate yesterday for the first time since the global financial crisis more than two years ago, responding to benign inflation at home and threats to the global economy from Europe's debt emergency.

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