Australia Financial News

visa rules for international students, and skilled workers entering the nation. The Australia government plans to continue this for over next two years. Home Affairs Minister Clare O'Neil unveiled the reforms, emphasizing the need to overhaul a perceived "broken" migration system.

Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review.

After the T20 match, India play three One Day Internationals which is scheduled between December 17 and December 21. Thereafter, the first test starts on Dec. 26 in Pretoria, with the second on January 3 at Newlands in Cape Town. The India series will be South Africa's first international match since losing to Australia in the Cricket World Cup semifinal at Kolkata. After the World Cup India had played a 5-match T20 against Australia at home and had beaten the World Champions 4-1 in the series. According to weather forecasts, there are chances of rain interrupting the second T20 match between South Africa and India in Gqeberha, AccuWeather says the probability of precipitation on Tuesday (December 12) is 83% in Gqeberha, and probability of thunderstorms is 17%. «Some sun, then turning cloudy with a couple of showers, mainly later; breezy in the afternoon,» says AccuWeather website. The match day-night match is scheduled to start at 8:30 pm (IST) on Tuesday. The weather today in Gqeberha is partly sunny according to the website.

Bitcoin’s longest winning run since May lifted the token past $44,000, sparking questions about whether the breakout increasingly reflects a conviction that looser Federal Reserve monetary policy lies ahead. The largest digital asset climbed for six days through Tuesday, adding roughly 16%, and was consolidating the gains in early Asian trading on Wednesday. Its 2023 rebound from last year’s crypto rout now stands at 165%. Much of the rally is pegged to the prospect of the US allowing its first spot Bitcoin exchange-traded funds, paving the way to a wider investor base. BlackRock Inc. and Fidelity Investments are among those awaiting the outcome of their applications, with some analysts expecting a green light by January. But ETF hype has shadowed Bitcoin since June, when asset managers began seeking approval to roll out the funds. That’s leading some to ask if the token’s surge is now drawing more succor from wagers on Fed rate cuts next year.

British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6 million) in a bumper round of funding that values the company north of $8.6 billion.

Asian shares are mostly higher after Wall Street reached a 20-month high ahead of a week that includes essential U.S. inflation data and a final rate decision of the year by the Federal Reserve

Narendra Modi asserted on Saturday that the priority given to policy, good governance and citizens' welfare in the past decade has resulted in India becoming a robust economy with a GDP growing 7.7% in the last six months. Thanks to his regime's transformative reforms, the world is looking at India with hope and as a strong contender to lead the Global South. In a virtual address to the second edition of the Infinity Forum, a global thought leadership platform on fintech, the Prime Minister said India is a symbol of resilience and progress at a juncture when the world is facing geopolitical tensions, high inflation and growing debt levels. «India's growth story has shown to the world that when policy is accorded top priority, when all strength is put behind good governance and when welfare of the country and its people is the sole basis of economic policies, then what will be the outcome can be seen from the 7.7% growth in the first six months of this fiscal year,» Modi said. He recalled the IMF statement in September that global growth in 2023 will be due in some measure to India. In July, the World Bank had said that India gave hope amid global challenges.

David Warner. When I first spoke to him in 2013, he was in the middle of a storm and clouds of a possible ban were hovering over his head. Just a few days back he had punched England batsman Joe Root in a Birmingham bar.

BCCI Secretary Jay Shah shared an update on Hardik Pandya's injury status and said that the all-rounder is expected to return during India's T20 squad against Afghanistan in January. “Hardik Pandya could be fit for the Afghanistan T20 series in January," the BCCI secretary said, as quoted by PTI.

Kashvee Gautam and Vrinda Dinesh triggered a huge bidding war in the second session of the Women's Premier League (WPL) 2024 Auction with Gujarat Giants and UP Warriorz spending big bucks to get them in their team. Kashvee Gautam went for Rs 2 crore while Vrinda Dinesh, a batter from Karnataka, picked for Rs 1.3 crore. Gujarat Giants made a winning bid of a whopping Rs 2 crore for Kashvee Gautam, a 20-year-old allrounder from Chandigarh, making her the joint-most expensive player with Annabel Sutherland of Australia in the first phase of the WPL 2024 auction. A right-handed batter and a right-handed medium pacer, Kashvee has recently played for India A against the England A women in three T20Is in Mumbai and it appears that the scouts of the franchises have seen something that they feel makes the player a mega pick. Gujarat won her after a fierce bidding war with U.P Warriorz, who are one of the franchises with deep pockets in this Auction Vrinda is known as a consistent batter who has done well in the local leagues in Karnataka and UP Warriorz went for her outbidding Gujarat, Mumbai Indians and Delhi. Vrinda has been a prolific scorer for Karnataka over the last two domestic seasons, earning praise for her ability to balance consistency with her powerful power-hitting up front.

Chris Evert, the tennis icon turned commentator, will be absent from the 2024 Australian Open broadcast as her ovarian cancer has reappeared. This marks the latest development in her two-year-long struggle since the initial diagnosis, with Evert confirming her inability to travel to Australia for the tournament in a released statement. Evert shared that a PET scan detected cancer cells in her pelvic region, leading her to undergo robotic surgery this week. Subsequently, she is scheduled for chemotherapy. Despite missing the upcoming Australian Open broadcast, the 18-time Grand Slam winner assured she'll be prepared for the rest of the Grand Slam season.

WPL auctions 2024: The defending champions Mumbai Indians on Saturday made some smart bets in the WPL auction 2024. Mumbai Indians went in the auctions with ₹2.1 crores and they could add a maximum of 5 slots with this money. The team first engaged in a bidding war with Delhi Capitals for Australia's Annabel Sutherland, who eventually went to DC for ₹2 crore.

India vs South Africa: Suryakumar Yadav-led Team India is all set to start its South Africa tour from Sunday with the first T20 international scheduled at Hollywoodbets Kingsmead Stadium in Durban. The young Indian cricket team will enter the fields with some high confidence as they comprehensively defeated world champions Australia 4-1 in the 5-match T20 series in India. But, the team is well aware that conditions will not favour them abroad and the T20 series is going to crucial ahead of the T20 World Cup 2024.

WPL Auction 2024: Australia's Annabel Sutherland has been the most expensive player so far in the 2024 auctions of the Women's Premier League (WPL). Delhi Capitals clinched Sutherland for ₹2 crore after a bidding war against Gujarat Titans as the latter has maximum spots to fill in the WPL 2024 auctions. India's batter Vrinda Dinesh has been the most expensive Indian player so far as she went to UP Warriorz for ₹1.30 crore.

sturdy South African side in a three-match T20 International starting here on Sunday. With injured skipper Hardik Pandya out till the start of IPL, lead pacer Jasprit Bumrah taking a break and not much clarity over Virat Kohli and Rohit Sharma's T20 future ahead of the World Cup in June, one wouldn't be able to read much into either success or failure of the team in South Africa. A clearer picture about India's core for the T20 showpiece would only emerge after a month of cash-rich IPL, with form and fitness at that point being the criteria for selection.

Narendra Modi retained his position as the world's most popular leader with an approval rating of 76 per cent, as per the data released by US-based consultancy firm ‘Morning Consult’ on December 7. Mexico President Andrés Manuel López Obrador is ranked second on the list with an approval rating of 66 per cent. Alain Berset, the President of the Swiss Confederation, bagged the third spot with a 58 per cent approval rating.

ICC World Cup 2023 was held at the Narendra Modi stadium in Ahmedabad. The finals against Australia, saw Prime Minister Narendra Modi in attendance. PM Modi had also visited the locker room and met ace cricketers Virat Kohli, and Rohit Sharma after the match.

ICC World Cup 2023 were played on the pitches rated “average" by the international cricket body. The development comes as the Board of Control of Cricket in India (BCCI) faced intense backlash on choosing the pitch of Narendra Modi Stadium, Ahmedabad for the final match.

World shares are mostly higher ahead of a U.S. jobs report after Wall Street rose Thursday to snap its first three-day losing streak since Halloween

Australian Open warm-up event in Brisbane next month. Eleven months have passed since the Spaniard's defeat at Melbourne Park in the second round by American MacKenzie McDonald. Due to his hip ailment, he required surgery twice and, while out of action, dropped to 664th place in the world rankings.

Zomato, Maruti Suzuki, SpiceJet, IDFC First Bank, among others, will be in focus in today's trade.Balrampur Chini Mills, National Aluminium Company, Delta Corp, Indiabulls Housing Finance, India Cements, SAIL and Zee Entertainment Enterprises are in the F&O ban list for 8 December.GIFT Nifty futures were largely flat, with a gain of 3 points at 21,084, indicating a flat start for Indian indices.India's benchmark indices ended lower on Thursday, snapping seven sessions of gains amid weak cues from global peers.At close, Nifty was down 37 points at 20,901.15, the Sensex fell 132 points to 69,521.69.Asian stocks fell early Friday, shrugging off a rally on Wall Street, as traders ratchet up bets the Bank of Japan is nearing the end of its negative interest rate policy.Japanese shares slipped for a second day, while the yen rose more than 1% amid thin liquidity. Australian shares also fell while contracts for mainland China pointed to losses.