(Reuters) – Australia’s bank regulator said on Thursday Westpac Banking Corp no longer needs to keep an additional amount of cash reserve after the company took steps to rectify issues …
Australia
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By Jamie Freed SYDNEY (Reuters) -A C-130 tanker plane that crashed and killed all three Americans on board while fighting fires in Australia in 2020 likely stalled when flying in …
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SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese said his government was focussed on jobs and workplace reform as the country faces economic challenges in the recovery phase of the …
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SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese said he will release a report on Tuesday from the solicitor general on his predecessor Scott Morrison being secretly sworn into five …
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SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese on Sunday said his government could consider an inquiry into former Prime Minister Scott Morrison being secretly sworn into key ministries during …
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By Praveen Menon and Renju Jose SYDNEY (Reuters) -Australia’s government said on Friday it plans to introduce new regulations targeting vehicle carbon emissions to boost the uptake of electric cars, …
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By Wayne Cole SYDNEY (Reuters) – Australian wage growth rose at the fastest pace in almost eight years last quarter as red-hot demand for labour drove unemployment to generational lows, …
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SYDNEY (Reuters) – Australia’s biggest pension fund has outgrown the country and wants to quadruple in size to be a global investment powerhouse worth A$1 trillion ($700 billion) within a …
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BERLIN – Germany is sending 13 military aircraft to joint exercises in Australia, the air force’s largest peacetime deployment, underlining Berlin’s increased focus on the Indo-Pacific amid rising tensions with …
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By Wayne Cole SYDNEY – A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and …
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By Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid …
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SYDNEY – Details for giving Australia’s Indigenous people a voice in parliament will follow a national referendum on the question, Prime Minister Anthony Albanese said on Sunday. Albanese’s centre-left Labor …
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By Devayani Sathyan BENGALURU – Australia’s central bank will deliver its third consecutive half-point interest rate hike on Tuesday and another in September, playing catch-up with peers in a campaign …
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SYDNEY – Australia will double the fees for foreign investors looking to buy assets in the country, Treasurer Jim Chalmers said on Friday, as he grapples with protracted budget deficits …
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SYDNEY – Australia reported one of its highest daily death tolls from the novel coronavirus on Thursday while hospital admissions hovered near record levels, as authorities struggle to get ahead …
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SYDNEY – Australia will launch a review of the Reserve Bank of Australia’s (RBA) inflation target, monetary tools and board structure, Treasurer Jim Chalmers said on Wednesday, amid criticism over …
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By Alun John (Reuters) -Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor …
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By Renju Jose SYDNEY – Australia will reinstate support payments for casual workers who have to quarantine due to COVID-19, Prime Minister Anthony Albanese said on Saturday, as a fresh …
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BEIJING – China hopes Australia can take pragmatic actions to create favourable conditions for the healthy and stable development of bilateral trade relations, China’s commerce ministry said on Thursday. China …
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(Reuters) -Australia’s prudential regulator said on Thursday it has scrapped the additional capital requirement of A$150 million ($101.64 million) placed on the local unit of Allianz SE after finding the …
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SYDNEY – A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of living and rising interest rates …
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MELBOURNE – Private-equity firm Quinbrook Infrastructure Partners said it has won approval to build a data centre worth A$2.5 billion ($1.7 billion) in Australia, that will eventually include one of …
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By Renju Jose SYDNEY -Australia said on Thursday it would expand the rollout of the fourth dose of COVID-19 vaccines from next week as it battles a steady rise in …
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LONDON – Britain’s parliamentary trade committee on Wednesday warned the government against overselling its post-Brexit trade deals, citing shortcomings in its agreement with Australia and calling for more time for …
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(Reuters) – South Australia’s gambling regulator said on Friday it would commission an independent review of Skycity Entertainment’s Adelaide casino, after probes in other states found shortcomings at rivals Crown …