Australia Financial News

08.11 / 08:35

Provident Platform Mobile Inside electronic Department Morgan Stanley diverts phones to dodge Optus woes

Morgan Stanley had to divert its local phones overseas to receive incoming calls thanks to telecommunications provider Optus’ massive outage on Wednesday.

08.11 / 08:35

Williams CEO BAY stage Handpicked Wines bets on luxury drop with a private equity discard

William Dong, the chief executive of Handpicked Wines, says the company wants to expand after acquiring House of Arras, having identified the high-end wine segment as one that can defy economic downturns.

08.11 / 08:35

Citi FIVE Fallout PwC WhatsApp Department shock Redundant PwC staff ‘shocked’ and ‘blindsided’

The email from PwC Australia’s leadership team inviting staff to a “firmwide webcast” arrived just before 9am. By the time it was finished a few hours later, so were more than 300 jobs at the once market-leading big four firm, along with the flagship tech hub it opened barely two years ago.

08.11 / 08:35

Provident BLOCK economy Deloitte social 2020 reports Financial Customers How CBA is using AI to shield female customers from financial abuse

Commonwealth Bank is blocking 400,000 abusive messages each year being sent to vulnerable female customers with a tiny payment attached – a form of coercive control by men that can be a precursor to domestic violence.

08.11 / 07:03

economy President show country reports Asia FX muted, dollar rebound holds with more Fed cues on tap

Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several Federal Reserve officials warned against betting that the central bank was done with its interest rate hikes.

08.11 / 07:03

Provident economy Nikkei President country reports Asian stocks Asian stocks muted as rate hike fears reemerge, China uncertainty weighs

Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday as recent comments from Federal Reserve officials suggested that the central bank may not be done raising interest rates.

08.11 / 05:59

Citi FIVE Instagram cover social stars Updates England vs Netherlands Live Score Updates: ENG vs NED, Can Jos break the losing streak?

England vs Netherlands Live Score Updates: ENG vs NED, Buttler and Co. take on a resurgent Netherlands side at the Maharashtra Cricket Association stadium in Pune.

08.11 / 05:21

Waters Aware Forrester awards exclusive gay reports ‘Alpha’ culture: AACo bullying, homophobia claims raised

An “alpha group” of staff on an AACo property allegedly “routinely bullied, intimidated and harassed their peers”, according to an internal safety report at the cattle giant, which proclaims the importance of an inclusive culture.

08.11 / 05:21

Art Man EVA Rich Lister, retailer, philanthropist: Marc Besen dies

Businessman and philanthropist Marc Besen – the co-founder of what became the Sussan clothing retail group – has died, aged 99.

08.11 / 05:21

Target economy Boeing Bullish Woodside pushes on with $38b project budget

Woodside Energy chief executive Meg O’Neill has declared oil and gas demand will remain “resilient” for decades as the company pushes ahead with almost $40 billion of new large-scale projects in Australia, Senegal and Mexico, despite mounting pressure to decarbonise.

08.11 / 05:21

Ball reports James Hardie boss says house price gains will drive renovation rebound

James Hardie has managed to increase the price of building materials sold in Australia by 15 per cent, bolstering profits despite the company’s chief executive describing the market as “unsettled”.

08.11 / 05:21

Extreme Fallout PwC Deloitte pandemic travelers PwC cuts hundreds of jobs as scandal, slowdown hit

The nation’s once dominant consulting firm, PwC Australia, will cut 344 roles, or more than 4 per cent of its 8000-strong workforce, as fallout from its tax leaks scandal and the economic slowdown reduce demand for its services.

08.11 / 05:21

What the Optus outage means for subscribers

The nationwide Optus outage triggered a service disruption to some subscribers of The Australian Financial Review on Wednesday.

08.11 / 05:21

Provident stage blues UK’s Appian Capital Advisory in for Mayur Resources’ lime project

Small cap Mayur Resources is understood to have signed a term sheet with London-headquartered mining finance specialist Appian Capital Advisory, in a deal that is expected to finalise funding for its Central Lime Project in Papua New Guinea.

08.11 / 05:21

cover 2020 research team Macquarie recruits new resources head from CLSA’s research team

CLSA mining and metals research analyst Rob Stein is taking a familiar route.

08.11 / 04:35

Blockchain Ripple Africa Money Transfers remittances Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf

Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.

08.11 / 02:47

Ball show performer social ‘Wounded lion most dangerous’: Memes galore on X as Maxwell hits epic double century despite in pain

World Cup match at Wankhede Stadium on Tuesday. His epic show by smashing an unbeaten 201* in 128 balls, with 21 fours and 10 sixes at a strike rate of over 157 on Tuesday brought Team Australia qualify for semi-final. Australia joined India and South Africa in the last four and damaged Afghanistan’s unlikely bid to reach the semifinals.

08.11 / 02:47

Reuters Apple economy WhatsApp Nikkei reports recommendations 5 things that changed for the stock market overnight - Gift Nifty, hawkish US Fed officials to drop in oil prices

Sensex ended 16.29 points, 0.03%, lower at 64,942.40, while the Nifty 50 closed down 5.05 points, or 0.03%, at 19,406.70. “Market has shown resilience at lower levels, despite a subdued global environment. We expect the market to gradually move upwards given a strong Indian economy and healthy earnings season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

07.11 / 22:51

Citi Target SEC economy The case for roads and rail, despite inflation risk

The Albanese government should not cut back hard on infrastructure projects as part of its review of the project pipeline, with road and rail projects still needed to deal with strong population growth up to 2050, major lobby groups say.

07.11 / 22:51

Fighting performer information reports travelers recommendations Major Diverger shareholder slams COG bid

A major Diverger shareholder has picked a fight with interloper COG Financial Group.

07.11 / 20:57

Art Platform Netflix film show reports Albo’s two ways to force Netflix and Amazon to make more Aussie shows

Netflix could be forced to spend 30 per cent of its budget on Australian films and shows, and Amazon Prime Video 25 per cent, in a new Albanese government proposal that introduces a sliding scale to make bigger players invest more.

latest developments in Australia

What is the current situation in Australia?

In Australia, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about Australia?

We publish reliable reports about the situation in Australia, based on information from trusted sources.

What shapes the media agenda in Australia?

The news landscape of Australia is shaped by major cultural and social events, reflecting its local way of life.