Australia To Offer 'safe Haven' To Hongkongers Soon
"); jQuery("#212 h3").html("

"); });
2020-07-02 HKT 11:21
Australia said on Thursday that it is actively considering providing safe haven to Hong Kong residents in response to Beijing’s sweeping new security law.
Prime Minister Scott Morrison said the situation in Hong Kong was "very concerning" and his government was "very actively" considering proposals to welcome in residents of Hong Kong.
Asked by a reporter whether Australia could extend an offer of safe haven, Morrison responded "yes."
He said the measures would soon be considered by his Cabinet, hinting strongly that it would be approved.
"We think that's important and very consistent with who we are as a people."
It comes a day after the United Kingdom announced a new route for those with British National Overseas status and their families to move there and eventually apply for citizenship.
Morrison said no final decision had been made on how Australia's arrangements would be structured, but the country was "prepared to step up and provide support" to Hong Kong residents.
Any offer is sure to further strain Canberra's relationship with Beijing, coming after repeated clashes between the two sides.
Most recently, Australia enraged China by calling for an independent investigation into the origins of the coronavirus pandemic.
Canberra has also pushed back against what it describes as China's economic "coercion", covert influence campaigns and the use of technology companies like Huawei as a tool for intelligence-gathering and geopolitical leverage.
China has warned its students and tourists against going to Australia, slapped trade sanctions on Australian goods and sentenced an Australian citizen to death for drug trafficking.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more
