Page-7 of Australia

Australia, Malaysia, Singapore and South Africa launch CBDC Scheme

Central banks in Australia, Singapore, Malaysia and South Africa launched a Central Bank Digital Currencies (CBDC) Scheme on August 2, 2021. Key Points CBDC scheme is a cross border payments trial that uses different central bank digital currencies (CBDC) in ..

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Brisbane to host 2032 Olympic Games

Australia’s Brisbane will be the host of the 2032 Olympics and Paralympics after receiving approval from the executive board of the International Olympic Committee (IOC).   Highlights Brisbane becomes the third Australian city to host the Games after Sydney in ..

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UN: Great Barrier Reef should be listed as ‘in danger’

UN committee recommended to add Great Barrier Reef to the list of “in danger” World Heritage Sites. However, this recommendation is opposed by Australia which is blaming political interference. Key Points Recommendation was made by United Nations Educational, Scientific and ..

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Mice Rain in Australia

The mice population in Australia has increased exponentially. The mice are causing extensive damages to the cultivated crop and stored food grains. This is being referred to as Mice Rain. Also, plague in the country has increased. Why is the ..

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ANZAC Day in Australia and New Zealand: April 25

Every year Anzac Day is celebrated on April 25 in Australia and New Zealand. The day is celebrated as a national day of remembrance that commemorates all the New Zealanders and Australians who died in wars, conflicts and peacekeeping operations. ..

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Australia cancels deals on China’s Belt and Road

The Australian Government recently announced that it has cancelled deals on Belt and Road initiative over national interest. What is the issue? The Victorian State Government had signed two agreements with China. In 2018, an agreement was signed to promote ..

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