Australia says social media ban will not age test all users
AUSTRALIA will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said on Tuesday. But platforms like Facebook,…
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Australia
Influencer Real Tarzann investigated in Australia after wrestling crocodile on video
A wildlife influencer known as “The Real Tarzann” is under investigation by Australian authorities after uploading a video of himself wrestling a crocodile in Queensland. The Real Tarzann,…
Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing
It will also be the first major automotive tech and commerce startup from Singapore to go public in the US Carro, South-east Asia’s largest used-car online marketplace, is weighing a dual…
Oble Series ‘The Plague,’ ‘Winter Palace’ Find Buyers in the U.S., Europe, Australia (EXCLUSIVE)
French production-distribution company Oble has racked up a slew of deals for its latest scripted series ahead of this year’s Unifrance Rendez-Vous TV mart in Le Havre, including “The…
Australia housing dysfunction mirrored in central bank’s blowout rebuild
When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall victim to the complex construction rules that also…
Australia orders Binance audit after flagging ‘serious concerns’
Austrac has given the company 28 days to nominate auditors, from which the agency will make a selection Australia’s financial crimes agency ordered Binance Holdings’ local arm to…
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium on…
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI) technology after pressure from the country’s main…
Goldman Sachs targets richest families in Australia expansion
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family wealth looking for global investments. “We are…
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth in business and home lending. The…
Mapletree Logistics Trust to divest logistics property in Australia for A$60 million
Its manager says the capital freed up will give MLT room to pursue investment openings in modern, high-spec facilities with more growth potential Mapletree Logistics Trust is to divest its…
Australia set to cut rates, governor stay coy on policy outlook
Australia’s central bank is poised to deliver its third interest-rate cut this year as inflationary pressures ebb, while governor Michele Bullock is expected to stick with her cautious…
Wee Hur jumps 6.5% to record high as Australia raises cap on foreign students
Shares of student accommodation operator Wee Hur hit an all-time high on Wednesday (Aug 6), following news that Australia will lift its foreign student cap in 2026. As at 1.57 pm, the…
Australia: Miners, banks propel shares to record high; RBA outlook in focus
AUSTRALIAN shares rose to a record peak on Wednesday, supported by strong performances among miners and banks, while investors almost fully priced in the likelihood of an interest rate cut…
Australia to provide A$135 million bailout for Trafigura lead, zinc smelters
The Australian government said on Tuesday it will provide A$135 million (S$112.5 million) in financial support for two smelters owned by Nyrstar, a unit of commodity trader…
Australia activates Blackrock’s A$1 billion super battery which will be world’s most powerful
The country leads globally in rooftop solar per capita, which floods the grid with cheap daytime power but also creates challenges for system stability Australia’s A$1 billion…
Australia lifts trade barriers on US beef
Australia said on Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration. US President…
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia, Australia and international markets. These include…
Bain seeks next airline after tripling money on Virgin Australia
Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings. The US buyout firm sold a 30 per cent stake in Virgin Australia,…
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1 million (S$161.4 million), as it seeks to exit the…
Australia takes another step toward a central bank digital currency
Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing…
Reserve Bank of Australia poised for back-to-back rate cuts as tariffs darken outlook
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as inflation pressures cool and US trade policies threaten…
US, Japan, India, Australia pledge mineral cooperation on China jitters
The United States, Japan, India and Australia pledged on Tuesday to work together to ensure a stable supply of critical minerals, as worries grow over China’s dominance in resources vital…
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from commodity exports, as a meteoric rise in…