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Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it remained in negative equity and did not pay a…
The telco sold phones and contracts to over 400 such consumers, including those with mental disabilities and learning difficulties, or who were in financial hardship Australian…
Australia’s central bank will be on alert to the risk that economic outlook may change, but the flow of data has been roughly in line with its expectations, its governor said on Monday.…
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough clean energy The US$24 billion renewable energy…
Australia’s sovereign wealth fund, the Future Fund, said on Tuesday (Sep 9) that its valuation had reached A$252 billion (S$213.2 billion) as it pared back its US market exposure to boost…
Australia’s A$4.3 trillion (S$2.8 trillion) retirement system, long regarded as one of the world’s best-regulated savings pools, is emerging as a new frontier for crypto. Coinbase Global…
— RALIA’S Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also…
Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax of AUD133 million ($86.3 million) for the 12…
Australia’s central bank board judged further policy easing would likely be needed over the coming year when it cut rates this month, and the pace could be gradual or quicker depending on…
Google has agreed to pay a 55 million Australian dollar ($36 million) fine for signing anticompetitive deals with Australia’s two largest telecommunications companies that banned the…
ONWEALTH Bank of Australia reported its best full-year cash earnings and announced a record dividend payout on Wednesday, as strong growth in home and business lending volumes…
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be needed to meet its inflation and employment goals as…
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on Thursday, but added the bank remained cautious…
Australia’s green bank on Monday (Jul 28) said that it invested a record A$3.5 billion (S$2.9 billion) in clean energy projects and grid infrastructure in the last financial year…
Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part of an ongoing overhaul of its enterprise business and…
Australia’s central bank on Tuesday (Jul 8) left its cash rate steady at 3.85 per cent, a shock for markets that had confidently wagered on a cut, saying the majority of the board wanted…
Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their Queen’s Wharf casino deal, with both sides…
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the embattled Australian casino group to remain…
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16). Santos’ board said…
SHARES of Australian bourse operator ASX dropped on Monday after the country’s securities regulator launched an investigation into the company, citing “repeated and serious” operational…
The deal, which will be fully funded through a new US$3 billion debt facility underwritten by a syndicate of nine lenders Australian software company WiseTech Global on Monday…
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it…
AUSTRALIAN cash-strapped casino operator Star Entertainment said it expects to receive bailout offers on Friday but warned it might not be able to file its first-half earnings which should…
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimates CASINO operator Star Entertainment…
