By Scott Murdoch (Reuters) -Australian casino operator Star Entertainment Group is tapping the capital markets for a second time in 2023 as it aims to raise A$750 million ($481.43 million)…
MELBOURNE, AU – Anil Koppula’s high-stakes lawsuit against the Royal Women’s Hospital was dismissed last week by the Supreme Court of Victoria. Koppula sought 1 billion Australian dollars, approximately $643…
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – The next 18 months is an ideal time for unlisted asset deals, said the head of one of Australia’s largest pension…
By Stella Qiu SYDNEY (Reuters) – Australia’s employment surged in August while its participation rate hit a record high and the jobless rate held steady, in a sign that decade-high…
By Navya Mittal and Echha Jain (Reuters) – National Australia Bank (NAB) said on Thursday it would shut its Hong Kong branch, as offices in Singapore, Tokyo and Shanghai were…
SYDNEY (Reuters) – Australian business conditions proved resilient yet again in August with a broad uptick in sales, profits and jobs, while inflationary pressures remained elevated, a result that could…
SYDNEY (Reuters) – Australia’s largest pension fund, AustralianSuper, said on Tuesday it would buy a minority stake in a major European data centre business for A$2.5 billion ($1.6 billion), its…
(Reuters) – Australia’s securities regulator said on Thursday it will take PayPal’s local arm to court alleging that the digital payments giant’s standard contracts with small business customers contain an…
By Lewis Jackson SYDNEY (Reuters) – Australian pension funds need to improve how they value private equity, the sector’s regulator said on Monday after a review into the sector’s treatment…
By Kirsty Needham SYDNEY (Reuters) – An Australian industry, government, academic and media delegation will travel to Beijing for dialogue with Chinese counterparts on Thursday, another step in stabilising ties,…
By Lewis Jackson SYDNEY (Reuters) – Australian gig workers will be able to negotiate for minimum pay and conditions under a new law to be introduced next week in parliament…
SYDNEY (Reuters) – President Joe Biden on Monday sent his condolences to the families of three U.S. Marines killed in an military aircraft crash on a northern Australian island as…
By Lewis Jackson and Alasdair Pal SYDNEY (Reuters) – Woodside Energy and Chevron said on Thursday there were no updates on wage disputes at some of Australia’s largest liquefied natural…
By Sudarshan Varadhan and Lewis Jackson SINGAPORE/SYDNEY (Reuters) – Woodside Energy Group and U.S. major Chevron are locked in a dispute over pay and job security with about 700 workers…
By Lewis Jackson SYDNEY (Reuters) – Negotiations between Chevron, Woodside Energy Group and Australian unions on Tuesday are unlikely to yield results for days because unions will need to consult…
(Reuters) – Australian Prime Minister Anthony Albanese will travel to the United States for an official visit in late October, the first since winning election last year, according to a…
By Lewis Jackson and Praveen Menon SYDNEY (Reuters) – Australia’s third largest pension fund will stay active in Japanese markets in the coming months and is neutral about China despite…
SYDNEY (Reuters) – Australian business conditions again proved solid in July with sales, profits and employment all above average, while a spike in labour costs and prices suggested inflationary pressures…
SYDNEY (Reuters) – Australian consumer sentiment slipped in August as a decision by the country’s central bank not to hike interest rates for a second month did little to soothe…
SYDNEY (Reuters) – A former Australian childcare worker has been charged with 1,623 child abuse offences against 91 children between 2007 and 2022, federal police said on Tuesday. The 45-year-old…
By Lewis Jackson SYDNEY (Reuters) – Australia could go to an election more than a year ahead of schedule as opposition parties threaten to block a flagship housing bill for…
By Lewis Jackson SYDNEY (Reuters) – Foreign bank lending to Australian office real estate hit a record high in the first quarter as overseas lenders continued to stump up cash…
(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to…
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) -Australian developer Lendlease will cut about 740 jobs globally, or roughly 10% of its workforce, according to an internal memo on Tuesday…
By Byron Kaye SYDNEY (Reuters) – The CEOs of Australia’s two biggest banks said on Thursday a tight labour market was keeping late home loan repayments below historic levels even…