(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that …
(Reuters) – Commonwealth Bank of Australia and Westpac Banking Corp followed their two main rivals on Thursday in saying they would fully pass on to …
MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had …
(Reuters) – Commonwealth Bank of Australia said on Monday it will simplify its financial reporting in upcoming half-year fiscal results to reflect the sale of …
By Stella Qiu SYDNEY (Reuters) – Australia’s house prices extended declines for the ninth straight month in January amid high mortgage rates, a drag on …
SYDNEY, Dec 20 (Reuters) – Australia’s central bank considered leaving interest rates unchanged at its December policy meeting, citing the lagged effects of the aggressive …
By Stella Qiu and Praveen Menon CAMPBELLTOWN, Australia (Reuters) – Belinda has applied for more than 100 rental homes in the past year and been …
By Lewis Jackson SYDNEY (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as …
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and …
(Reuters) – All of Australia’s “big four” banks said on Tuesday they will raise their home loan rates by a quarter-point, passing on the central …
SYDNEY (Reuters) – The head of Australia’s central bank on Monday apologised to people who regretted taking out mortgages last year based on his guidance …
SYDNEY (Reuters) -The progressive government of Australia’s Victoria state won re-election on Saturday, clearing the way for spending on infrastructure, education and healthcare. After eight …
Australia’s central bank intends to limit its use of forward guidance on policy after its usage during the pandemic drew criticism when rates were raised …
By Sameer Manekar (Reuters) – Commonwealth Bank of Australia, the country’s largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by …
(Reuters) – Australia’s ‘Big Four’ banks will raise their home loan rates by 25 basis points this month, they said on Tuesday, passing on the …
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates would likely be needed to …
(Reuters) – National Australia Bank Ltd on Tuesday said it will hike its standard variable home loan interest rate by 25 basis points (bps) per …
(Reuters) – Australia’s Westpac Banking Corp warned on Monday that its second-half reported net profit and cash earnings will be reduced by A$1.3 billion ($824 …
SYDNEY (Reuters) – Australia’s weather forecaster predicted heavy rain for large swaths of country’s flood-hit south and east on Sunday as a flood crisis continues …
By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of …
SYDNEY (Reuters) – Heavy rains eased across Australia’s east on Monday, a slight relief for flood-weary residents but authorities warned another intense weather system could …
SYDNEY (Reuters) – Australian fund manager Magellan Financial Group said a big client had redeemed about $1 billion in September to satisfy liquidity requirements as …
MELBOURNE (Reuters) – Australia’s second-largest telcoms firm Optus, owned by Singapore Telecommunications, on Saturday ran a full-page apology in major newspapers for a “devastating” cyberattack …
By Byron Kaye and Praveen Menon SYDNEY (Reuters) – For Rhys Wareham, a coffee industry technician from Sydney, the start of COVID-19 lockdowns in 2020 …
(Reuters) – Star Entertainment Group on Tuesday accepted the findings of an inquiry that stated the casino operator unfit to hold a licence in Sydney, …
SYDNEY (Reuters) – A top Australian central banker said on Wednesday monetary policy was not yet restrictive despite five rate rises in as many months, …
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank on Wednesday said its equity had been wiped out by losses suffered on pandemic-era bond buying, but …
SYDNEY (Reuters) – Robust commodity prices have helped narrow Australia’s budget deficit for the last fiscal year by about A$50 billion ($34 billion), Treasurer Jim …
SYDNEY (Reuters) – Australia’s central bank raised its cash rate 50 basis points to 2.35% on Tuesday and left the door open for more tightening …
SYDNEY (Reuters) – Afterpay, the Australian payments firm bought by Jack Dorsey’s Block Inc, and Australia’s Westpac Banking Corp ended a partnership after the firm …
(Reuters) – Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized …
(Reuters) – Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset …
(Reuters) – Australian building materials giant James Hardie Industries Plc said on Thursday it was in the final stages of selecting a new chief executive …
SYDNEY – Australia’s central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) …
(Reuters) – Australia’s Star Entertainment Group Ltd said on Friday its annual revenue would dip from year-ago levels, pulled down by long spells of operating …
SYDNEY – Australia’s parliament sat on Tuesday in Canberra for the first time since Labor won office in an election that also saw the Greens …
By Wayne Cole SYDNEY – Australia’s top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a …
(Reuters) – Australia’s Lynas Rare Earths Ltd on Monday posted a 58% rise in quarterly revenue as the miner of essential metals cashed in on …
(Reuters) – Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the …
(Reuters) – Shares of Brambles Ltd rose to their highest in almost seven weeks on Friday, as investors cheered a decision by the Australian firm …
(Reuters) – Australia’s Austal Ltd said on Friday it secured a $3.3 billion contract to design and construct 11 offshore patrol cutters (OPC) for the …
By Byron Kaye SYDNEY – Two of Australia’s biggest home lenders jacked up fixed-rate home loans in line with increases to their own borrowing costs, …
(Reuters) – Lithium producer Sayona Mining and its U.S.-based partner Piedmont Lithium Inc approved restart of their spodumene plant in Canada at a cost of …
By Sonali Paul MELBOURNE – Top liquefied natural gas exporter Australia is in the depths of a power crunch just as traditional buyers are scrambling …
By Praveen Menon and Byron Kaye SYDNEY – Australia’s sex discrimination commissioner has called for urgent changes in the country’s mining industry after a state …
By Praveen Menon and Byron Kaye SYDNEY – An Australian state government inquiry into abuse in the mineral-rich west has found the mining industry perpetuated …
SYDNEY – The head of Australia’s central has warned inflation is set to rise much higher than expected just a month ago and policy needs …
By Wayne Cole SYDNEY – A recent spike in Australia’s energy prices is threatening to keep inflation higher for longer, a major reason policymakers this …
SYDNEY -Australia’s new centre-left Labor government on Friday proposed raising the minimum wage to ease the financial burden on families hit by soaring energy prices …
(Reuters) – Australian bourse operator ASX Ltd on Thursday appointed internal candidate Helen Lofthouse as its first female chief executive officer, replacing Dominic Stevens. Lofthouse, …