Australia Financial News

14.11 / 08:19

Target FIVE BLOCK economy Experts ANZ sets out five reasons the ACCC was wrong to block Suncorp deal

ANZ will make five key arguments in a hearing next month when it will attempt to convince the Australian Competition Tribunal to overturn the Australian Competition and Consumer Commission’s decision in August that blocked its $4.9 billion acquisition of Suncorp Bank.

14.11 / 08:19

Career Matthews Gresham Property poaches from JLL Australia

Gresham Property has invested capital in transactions with an end project value exceeding $10 billion. Karl Hilzinger

14.11 / 08:19

country Department Defence welcomes infrastructure deal makers amid rising tensions

The Defence Department is exploring private financing to help pay for military bases and other facilities as officials scramble to find the funds to support nuclear-powered submarines and expanding northern bases.

14.11 / 08:19

Provident Target Williams PwC Deloitte performer surges Mid-tier firm revenue surges 17pc, outpacing big four

Strong demand for traditional auditing, accounting and tax services, along with fast-growing consulting offerings, helped boost annual revenue at mid-tier accounting firms by a breakneck 17 per cent, to $2.8 billion.

14.11 / 08:19

BLOCK CEO Parke show hospital reports Cash register closed: Till Payments changes hands for meagre sum

It’s game over for fintech Till Payments and its bigwig backers.

14.11 / 08:19

Provident CEO Action composer performer E&P, Dixon Advisory settle class action over alleged conflict

Wealth manager E&P has reached a $16 million settlement deal for class action proceedings over alleged conflicted and misleading advice brought by Shine Lawyers on behalf of former clients of its Dixon Advisory business.

14.11 / 08:19

Provident FIVE country Accounting firms look offshore amid ongoing talent drought

Accounting firm leaders say they continue to find it difficult to hire and retain quality staff and are increasingly sending work offshore to countries with low labour costs.

14.11 / 08:19

FIVE Booking Fighting Immunic show reports CBA boss keeps his cool as deposit squeeze arrives

Commonwealth Bank’s profit margin was squeezed further last quarter, but this time the culprit was growing competition for deposits rather than aggressive mortgage pricing, chief executive Matt Comyn said, as savers chased better returns on their money.

14.11 / 08:19

awards Department recommendations Local private equity talent scores top gongs at AVCJ awards

Local buyout firms Anchorage Capital Partners and Allegro Funds were recognised for their dealmaking efforts at the Asian Private Equity & Venture Capital Awards 2023 awards ceremony in Hong Kong on Monday night.

14.11 / 08:19

Coca-Cola Fighting country social ATO Coca-Cola fights ATO over $170m in offshore tax

Beverages giant The Coca-Cola Company is fighting more than $170 million in taxes imposed by the Australian Tax Office, which alleges profits were diverted offshore via favourable deals with its local affiliate for branding, trademarks and formulas.

14.11 / 08:19

Action Bill beautiful cover reports Department Why an SBF trial wouldn’t happen in ‘lamentably slow’ Australia

Departing Federal Court judge Steven Rares has taken aim at the “lamentably slow” pace of litigation in Australia and the “incomprehensible” laws that cover the corporate sector.

14.11 / 06:23

Cooper Platform country ASEAN Defence Ministers' Meeting Plus: Rajnath to visit Indonesia

Rajnath Singh will pay a two-day visit to Indonesia to attend a meeting of a grouping comprising 10-nation ASEAN and some of its dialogue partners that is expected to deliberate on evolving regional security scenarios. Singh is likely to present India's views on dealing with major security challenges facing the region at the ASEAN Defence Ministers' Meeting Plus (ADMM-Plus).

14.11 / 06:01

Digital Strategy Deloitte President country reports travelers Sonia Eland appointed HCLTech Australia and New Zealand country head

HCLTech said on Tuesday that it has appointed Sonia Eland as executive vice president and country manager for Australia and New Zealand effective April 1, 2024. In her new role, Sonia will report to Swapan Johri, president, growth markets at HCLTech. Sonia will be based in Sydney and takes over from Michael Horton, who will move into a consulting role after a stint of close to 10 years, during which he helped establish HCLTech as a digital technology services partner in Australia and New Zealand.

14.11 / 05:53

economy Nikkei show performer country social US CPI us cpi data Asian stocks Asian stocks creep higher ahead of US CPI data, China lags

Investing.com-- Most Asian stocks rose slightly on Tuesday, recovering a measure of recent losses as investors hunkered down before key U.S. inflation data, while Chinese markets lagged following weak lending activity data.

14.11 / 05:53

stake Pension fund AustralianSuper raises stake in Origin Energy to 16.50%

(Reuters) — Pension fund AustralianSuper has increased its stake in Origin Energy to 16.50%, the Australian power producer said in an exchange filing on Tuesday.

14.11 / 05:53

economy show performer track country inflation data Asia FX weakens, dollar creeps higher before inflation data

Investing.com-- Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy.

14.11 / 05:28

Ball stage prevention India vs NZ, Australia vs SA: Who would qualify for the World Cup final if rain disrupts semis

India will play against the semi-final against the fourth-placed New Zealand on November 15 at Wankhede Stadium in Mumbai, while South Africa and Australia will play against each other in the second semifinal on November 16 at historic Eden Gardens in Kolkata. The ICC has announced adjustments to the rules for the semi-final matches compared to the group stage. To account for rain interruptions, the semi-finals have a reserve day scheduled.

14.11 / 04:03

Provident Experts show testing Yen's slide to multi-decade lows keeps markets on intervention alert

yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a floor as the Bank of Japan's (BOJ) ultra-easy monetary policy settings remained at odds with the prospect of higher-for-longer rates elsewhere. The Japanese currency similarly slumped to a 15-year low of 162.38 per euro in early Asia trade and slid to a roughly three-month trough of 186.25 per British pound. Against the dollar, the yen last stood at 151.72, languishing near a one-year low of 151.92 hit on Monday.

14.11 / 04:03

Reuters economy Fitch Moodys MSCI Nikkei reports inflation data Asia stocks rise ahead of US inflation data; yen stumbles

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.49% higher, while Tokyo's Nikkei gained 0.36%. Australia's S&P/ASX 200 index was up 0.61%. The Japanese yen was at 151.71 per dollar in Asian hours, having touched a one-year low of 151.92 on Monday.

14.11 / 03:05

Hollywood Career Netflix film love country stars 'Was lucky to watch two mega stars enter into each other's orbit': 'War Machine' director David Michod spills the beans on 2017 meeting between Shah Rukh Khan & Brad Pitt

Michod has vivid memories of his last trip to India but what truly left an impression on him was witnessing the enchanting synergy between Bollywood superstar Shah Rukh Khan and his Hollywood counterpart, Brad Pitt. Michod had come to the country with Pitt to promote their Netflix satirical film 'War Machine' in May 2017. As part of the promotional campaign, Pitt and Khan came together for an in-conversation session, during which they discussed their respective careers and the many memorable movies that they fronted.

13.11 / 23:57

Aware Action Fighting Remark Jujutsu Kaisen's Season 2 Episode 17 brings intense expectations and heart-wrenching storylines | Release date & time

Jujutsu Kaisen episode has been highly anticipated by fans who are eager to see the aftermath of Sukuna's clash with Jogo and Nanami's fate following his fight against Dagon. As the intensity of the story escalates, the episode is expected to maintain the high quality that MAPPA has consistently delivered.

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