Australia’s Westpac found guilty of misconduct in 2016 rate swap deal
(Reuters) – Australia’s corporate regulator said on Wednesday that a court found Westpac engaged in unethical conduct while carrying out an A$12 billion ($7.88 billion) …
(Reuters) – Australia’s corporate regulator said on Wednesday that a court found Westpac engaged in unethical conduct while carrying out an A$12 billion ($7.88 billion) …
By Himanshi Akhand (Reuters) – Shares in Australia’s Domino’s Pizza Enterprises posted a record drop on Thursday, after the retail food outlet operator withdrew its …
By Lewis Jackson SYDNEY (Reuters) -Australia’s sovereign wealth fund has cautioned against expecting rate cuts in Australia or the U.S. anytime soon after reporting on …
By Stella Qiu SYDNEY (Reuters) – Australia’s inflation slumped to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result …
SYDNEY (Reuters) – Heavy rains lashed parts of Australia’s east on Monday, triggering flash flooding, inundating roads and bringing more pain for some residents reeling …
(Reuters) – National Australia Bank said it had agreed to combine its New Zealand wealth advice and asset management unit with that of Jarden Wealth …
SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese said on Saturday the country’s migration intake needed to be wound back to a “sustainable level”, as …
By Lewis Jackson SYDNEY (Reuters) – The long-term value of hotly contested $10.6 billion takeover target Origin Energy has been muddied by a government plan …
(Reuters) -Australia’s Perth Mint said on Thursday it had entered into an agreement with the country’s financial intelligence agency to fully adhere to anti-money laundering …
SYDNEY (Reuters) – Australian home prices have defied a substantial jump in interest rates to hit a record high, data from property consultancy CoreLogic showed …
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but left …
By Kirsty Needham SYDNEY (Reuters) – Prime Minister Anthony Albanese will highlight trade as an anchor for stabilising ties when he makes the first visit …
(Reuters) – National Australia Bank Ltd said on Wednesday it has set a new target to more than double its lending to indigenous businesses and …
By Stella Qiu SYDNEY (Reuters) – Australia’s red-hot rental housing market, supercharged by record migration and a chronic supply shortage, could be reaching a breaking …
(Reuters) – Australia’s Santos Ltd on Thursday reported a 7.5% rise in third-quarter revenue from the preceding quarter, helped by increased crude oil volumes and …
By Rishav Chatterjee (Reuters) – Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth manager flagged lower growth expectations …
SYDNEY, Oct 17 (Reuters) – Australia’s central bank considered raising rates at its recent policy meeting but judged there was not enough new information to …
By Praveen Menon SYDNEY (Reuters) – Australians will be asked to vote in a referendum on Oct. 14 to constitutionally recognise its Indigenous people through …
By Kirsty Needham SYDNEY (Reuters) – The release of an Australian journalist after three years in a Chinese prison should improve the atmosphere for a …
By Byron Kaye SYDNEY (Reuters) – Australia is scheduled to hold a referendum on Oct. 14 to decide whether to create a constitutionally enshrined Indigenous …
SYDNEY (Reuters) – The head of Australia’s A$206 billion ($131 billion) sovereign wealth fund had informed the Australian government he will not seek a third …
SYDNEY, Oct 6 (Reuters) – Australia’s economy is well placed to weather strains in global financial markets, though the risks of a “disorderly” slide in …
(Reuters) – Australian lender Westpac said on Wednesday it had cancelled the sale of its Fiji and Papua New Guinea businesses, ending a years-long process …
By Rishav Chatterjee (Reuters) -Australia’s Computershare said on Tuesday it was selling its U.S. mortgage services arm to asset manager Rithm Capital for $720 million, …
(Reuters) – Codelco will undertake due diligence on Australia’s Lithium Power International, the Chilean copper miner said on Thursday, but added that there is no …
SYDNEY (Reuters) – Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free …
SYDNEY (Reuters) – A union for pilots employed by Australia’s Qantas Airways called for the company’s chairman to resign following a host of scandals that …
By Rishav Chatterjee (Reuters) – Australian airline Regional Express on Friday suspended more flights from Sydney and accused competitors such as Qantas Airways of “pillaging” …
(Reuters) – Commonwealth Bank of Australia on Wednesday said it has partnered with Tesla to allow the automaker’s customers to avail financing for electric vehicle …
SINGAPORE (Reuters) – The Australian government implemented a series of regulations and measures in the gas industry to meet domestic energy needs, manage soaring gas …
By Emily Chow and Yuka Obayashi SINGAPORE/TOKYO (Reuters) – Long before labour unrest at liquefied natural gas (LNG) plants threatened to disrupt supplies, Australia was …
By Lewis Jackson and Renju Jose SYDNEY (Reuters) – Chevron has asked Australia’s Fair Work Commission (FWC) to intervene in its dispute with workers on …
SYDNEY (Reuters) – Australia’s household spending rebounded in August, led by gains in the education, transport and recreation categories, data from the Commonwealth Bank of …
(Reuters) – Shares in Macquarie Group slipped more than 2% on Wednesday after the Australian investment bank flagged that its asset management division will face …
By Scott Murdoch and Poonam Behura SYDNEY (Reuters) -Australian packaging company Orora Ltd said on Tuesday it would buy French high-end glass bottle manufacturer Saverglass …
By Lewis Jackson SYDNEY (Reuters) – Australia’s sovereign wealth fund missed its return target for the year to June and its chairman warned on Wednesday …
(Reuters) – Australia’s Star Entertainment Group swung to an annual profit on Tuesday as operating conditions continued to stabilise and revenues improved across segments, also …
(Reuters) -ANZ Group and Suncorp Group said on Friday that they have filed separate applications to seek a tribunal review after Australia’s competition regulator recently …
By Lewis Jackson and Praveen Menon SYDNEY (Reuters) – Australia’s second-largest pension fund plans to open its first overseas office by mid-2024, its chief investment …
(Reuters) – U.S. insurance broker Marsh, a unit of Marsh & McLennan, said on Sunday that it would acquire Australia’s Honan Insurance Group, it said …
SYDNEY (Reuters) -Woodside Energy said “positive progress” was being made on wage disputes at Australia’s largest liquefied natural gas (LNG) facility even as a union …
By Praveen Menon SYDNEY (Reuters) – A referendum to constitutionally recognise Australia’s Indigenous people would fail if held now, opinion polls out this week show, …
By Rishav Chatterjee (Reuters) -Australia’s InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing …
(Reuters) -Australia’s Suncorp Group on Wednesday posted a sharp jump in full-year cash earnings and said it expects an improvement in margins in the medium …
By Himanshi Akhand (Reuters) -Woodside Energy Group said on Tuesday it had entered a deal with LNG Japan to sell a 10% participating interest in …
By Navya Mittal (Reuters) – Australian contractor Downer EDI said on Thursday it expected to record a statutory net loss after tax of about A$386 …
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund, AustralianSuper, has appointed senior executives to its London office as part of the rapidly growing …
(Reuters) – Australia’s Pacific Current Group received a non-binding buyout proposal from Regal Partners Ltd, which values the asset manager at A$573.5 million ($388.1 million), …
(Reuters) – Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store Kmart and discount retailer Target …
(Reuters) – Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, …