Tag Archives: Australian

Australian police say arrest two in ‘counter-terror’ raids

SYDNEY Australian federal and state police mentioned on Thursday morning they had arrested two individuals as part of an ongoing operation to thwart attacks against civilians by home-grown and foreign radicals.

“Two people have been arrested by the Joint Counter Terrorism Group Sydney as portion of the ongoing Operation Appleby,” the New South Wales State Police mentioned in a statement.

Sky News reported that one of those targeted in the raids was a 15-year-old boy. Police said further details would be supplied throughout the day.

Australia, a staunch ally of the United States and its battle against Islamist militants in Iraq and Syria, has been on heightened alert for attacks by residence-grown radicals because last year.

In September 2014, police shot dead a Melbourne teenager following he stabbed two counter-terrorism officers. Final December, two hostages were killed when police stormed a central Sydney cafe to end a 17-hour siege by a lone gunman, who was also killed.

In October, a 15-year-old boy opened fired on police accountant Curtis Cheng at police headquarters in the Sydney suburb of Parramatta and was then killed in a gunfight with police outdoors the building.

(Reporting by Matt Siegel Editing by Leslie Adler)

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Exclusive: Australian police raid Sydney house of reported bitcoin creator

SYDNEY Australian Federal Police raided the Sydney home on Wednesday of a man named by Wired magazine as the probable creator of cryptocurrency bitcoin, a Reuters witness said.

The property is registered under the Australian electoral role to Craig Steven Wright, whom Wired outed as the likely real identity of Satoshi Nakamoto, the pseudonymous figure that first released bitcoin’s code in 2009.

More than a dozen federal police officers entered the house, on Sydney’s north shore, on Wednesday after locksmiths broke open the door. When asked what they were doing, one officer told a Reuters reporter that they were “clearing the house”.

The Australian Federal Police said in a statement that the officers’ “presence at Mr. Wright’s property is not associated with the media reporting overnight about bitcoins”.

The AFP referred all inquiries about the raid to the Australian Tax Office, which did not immediately respond to requests for comment.

The police raid in Australia came hours after Wired magazine and technology website Gizmodo published articles saying that their investigations showed Wright, who they said was an Australian academic, was probably the secretive bitcoin creator.

Their investigations were based on leaked emails, documents and web archives, including what was said to be a transcript of a meeting between Wright and Australian tax officials.

The identity of Satoshi Nakamoto has long been a mystery journalists and bitcoin enthusiasts have tried to unravel.

He, she or a group of people is the author of the paper, protocol and software that gave rise to the cryptocurrency. The New York Times, Newsweek and other publications have guessed at Nakamoto’s real identity, but none has proved conclusive.

Uncovering the identity would be significant, not just to solving a long-standing riddle, but for the future of the currency.

And as an early miner of bitcoins, Nakamoto is also sitting on about 1 million bitcoins, worth more than $ 400 million at present exchange rates, according to bitcoin expert Sergio Demian Lerner.

(Reporting By Byron Kaye; Additional reporting by Colin Packham and Jeremy Wagstaff; Writing by Jane Wardell; Editing by Alex Richardson)

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Former Australian treasurer Hockey named ambassador to Washington

SYDNEY Cigar-chomping former Australian Treasurer Joe Hockey was named ambassador to the United States on Tuesday at a time of intense cooperation on issues from the fight against Islamic State militants to Chinese assertiveness in the Asia-Pacific area.

Hockey resigned from parliament following a September party coup that saw conservative Prime Minister Tony Abbott ousted as leader of the ruling Liberal Celebration in favor of Malcolm Turnbull, a progressive former investment banker.

Australian media speculated that Hockey was given the position in Washington, regarded as perhaps the best diplomatic posting, to sideline him from domestic politics.

Hockey’s tenure as treasurer was a rocky one particular that will most likely be greatest remembered for a politically disastrous austerity price range handed down in 2014, from which many felt Abbott’s government never completely recovered.

Although Hockey inherited a slowing economy, he was observed by many to have performed poorly in the function, major to criticism in the media that he could not be qualified to manage Australia’s most important diplomatic connection.

“Our Alliance with the United Sates is the bedrock of foreign and defense policy and we are working closely with each other on shared regional and international safety, strategic and financial interests,” Foreign Minister Julie Bishop mentioned in a statement announcing Hockey’s appointment.

Australia is currently conducting air strikes against Islamic State militants in both Iraq and Syria as portion of the U.S.-led military coalition against the radical group, which has seized huge swaths of territory in the Middle East.

(Reporting by Matt Siegel Editing by Michael Perry)

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China’s Luye agrees to get Australian hospital group for $688 mln

SYDNEY Dec 7 Luye Medical Group has agreed to get private equity-owned Australian hospital operator Healthe Care Pyt Ltd, the firms said, in the Chinese firm’s very first foray into the hospital sector.

The final cost was not disclosed but regional media had reported the deal was worth A$ 938 million ($ 688 million).

Luye Medical beat rival bids from Baring Private Equity and Bain Capital which banking sources mentioned were also in the running for Australia’s third-biggest privately owned hospital operator.

The sources declined to be named as they have been not authorised to speak about the transaction.

“I strongly think that Healthe Care will provide us with a platform upon which we can build a globe class and highly effective healthcare solutions business not only in Australia and China, but also in numerous other countries in Asia,” mentioned Luye chairman Luis Diane Bo.

The business, part of the privately owned Luye Group, was advised by Barclays.

Archer Capital had bought Healthe Care from CHAMP Private Equity in 2011 for A$ 230 million. Morgan Stanley and Luminis Partners advised Archer on the sale.

Healthe operates 17 private hospitals across five states with more than 1,800 hospital beds according to info on its website. ($ 1 = 1.3643 Australian dollars) (Reporting by Sharon Klyne of RLPC Editing by Miral Fahmy)

Australian shares set for good begin right after Wall St rally

SYDNEY, Dec 7 Australian shares are poised for a rebound on Monday with sentiment enhancing following upbeat U.S. payrolls information sparked a solid rally on Wall Street. Pointing to a firm start, share cost index futures rose .six % to 5,186., a 34.4-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 1.5 percent on Friday and was down .98 percent final week. Energy stocks, however, are unlikely to appreciate significantly relief soon after OPEC members failed to agree on a production ceiling, which means supply could continue to depress oil rates. New Zealand's benchmark NZX 50 index was a tad greater in early trade at six,096.37. For a summary of overnight action across worldwide markets, double click on For a digest of the day's company stories in Australian newspapers, double click on (Reporting by Ian Chua Editing by Kevin Liffey)

China behind ‘massive’ cyber-attack on Australian government: ABC

SYDNEY A significant cyber-attack against Australia’s Bureau of Meteorology that may possibly have compromised potentially sensitive national safety info is getting blamed on China, the Australian Broadcasting Corporation (ABC) reported on Wednesday.

The Bureau of Meteorology owns a single of Australia’s largest supercomputers and the attack, which the ABC said occurred in current days, might have allowed those responsible access to the Division of Defense via a linked network.

The ABC, citing numerous unidentified sources with understanding of the “huge” breach, placed the blame on China, which has in the previous been accused of hacking sensitive Australian government pc systems.

“It is China,” the ABC quoted 1 source as saying.

The Bureau of Meteorology stated in a statement on its website that it did not comment on safety matters, but that it was functioning closely with safety agencies and that its pc systems had been totally operational.

The Australian Federal Police declined to comment on the matter. The Division of Defense mentioned in a statement that it was barred by policy from commenting on specific cyber security incidents.

The Chinese embassy in Canberra could not be reached for comment.

China has lengthy been accused of making use of its considerable computing resources to infiltrate on the internet organizations for competitive advantage, as nicely as conducting acts of cyber espionage.

In June, U.S. officials blamed Chinese hackers for compromising the records of up to 4 million current and former government workers.

China referred to as the U.S. comments irresponsible, while President Barack Obama vowed that the United States would aggressively bolster its cyber defenses.

China is Australia’s top trading partner, with two-way trade of about A$ 150 billion ($ 110 billion) in 2013, and they signed a landmark free of charge trade agreement in 2014 that is likely to additional boost commercial ties.

Australia demands China’s aid to transition from a reliance on exports of minerals such as coal and iron ore to expanding its food and agricultural exports to a developing Asian middle class, moving from a “mining boom” to a “dining boom”.

But Chinese firms have been locked out of sensitive deals in the previous more than safety concerns, most prominently a decision in 2013 to bar Huawei from bidding on Australia’s National Broadband Network, a deal worth tens of billions of dollars.

($ 1 = 1.3674 Australian dollars)

(Reporting by Matt Siegel Editing by Robert Birsel)

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