Factbox-Key recommendations in Australia’s review of the RBA
By Alasdair Pal SYDNEY (Reuters) – Australia on Thursday released its review of the Reserve Bank of Australia, the first external review of the central bank and the operation of…
By Alasdair Pal SYDNEY (Reuters) – Australia on Thursday released its review of the Reserve Bank of Australia, the first external review of the central bank and the operation of…
By Anna Tong SAN FRANCISCO (Reuters) – Australian business software company Atlassian Corp PLC said on Wednesday it will introduce new artificial intelligence features such as meeting summarization notes and…
(Reuters) – Australian financial services firm AMP Ltd said on Wednesday net cash outflows for its flagship Australian wealth management business were 30% lower in the March quarter, while the…
By Stella Qiu SYDNEY (Reuters) – Australia employment blew past expectations for a second month in March while the jobless rate held near 50-year lows, an unambiguously strong report that…
By Melanie Burton MELBOURNE (Reuters) -Newmont Corp laid down a best and final offer for Australia’s Newcrest Mining Ltd on Tuesday at A$29.4 billion ($19.5 billion) to close a deal…
(Reuters) – Commonwealth Bank of Australia (CBA) expects the country’s central bank to pull brakes next week on one of the most aggressive tightening cycles in decades as data signalled…
(Reuters) -Australian contractor Downer EDI Ltd said on Tuesday Malcolm Ashcroft will become its chief financial officer from July, after Michael Ferguson earlier this month decided to step down. Ferguson’s…
SYDNEY (Reuters) – Australia’s most populous state will vote for a new government on Saturday with most opinion polls showing a close-run election with the opposition centre-left Labor party ahead…
By Wayne Cole SYDNEY (Reuters) – A top Australian central banker on Monday said stress in the global banking system was mainly confined to a small number of poorly managed…
SYDNEY (Reuters) – Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesday, arguing their environmental…
(Reuters) – Australia’s so-called ‘Big Four’ banks said on Thursday they would pass on the central bank’s latest quarter-percentage point interest rate hike in full to their home loan customers.…
(Reuters) – Downer EDI Ltd said on Friday Chairman Mark Chellew has resigned and the Australian engineering contractor elected deputy Mark Menhinnitt as the acting chairman. The resignation follows a…
SYDNEY (Reuters) – Australia’s central bank is launching 14 pilot projects with the financial industry to develop real world applications for a digital Australian dollar, with the focus on business…
By Stella Qiu SYDNEY(Reuters) – Australian home prices almost steadied in February as Sydney snapped a year-long losing streak, though analysts cautioned it was far too early to call an…
SYDNEY (Reuters) – Australia’s current account surplus rose sharply in the December quarter as resource exports boomed and imports eased, providing a sizable fillip to economic growth. Data from the…
SYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday that stubbornly-high inflation in the country has likely peaked, but conceded it remains a big economic challenge. Inflation is running…
SYDNEY, Feb 21 (Reuters) – Australia’s central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting…
(Reuters) – Australia’s graphite developer Magnis Energy on Tuesday said it has signed a binding offtake deal with Tesla Inc to supply battery anode materials for a minimum three-year term…
(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as the lender increased provisions for bad debts. The bank did…
MELBOURNE (Reuters) – Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period of 15 months under the…
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance…
MELBOURNE (Reuters) – Australia’s Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five key projects its energy division will decide to invest in…
By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) – Australia’s iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which…
(Reuters) – Australia’s Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual core earnings forecast, as prolonged wet weather and a derailment…
SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding…