Australia Financial News

An opportunity to gain exposure to a distributor, manufacturer and assembler of zero-emissions buses and trucks on the cusp of the EV revolution with a line into government and commercial contracts.

Global Advanced Metals is up for sale after a maverick run offloading three undeveloped West Australian mines that went on to become world-class lithium assets.

A look at the day ahead in European and global markets from Tom Westbrook:

Investing.com-- Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the Australian dollar tumbled after the Reserve Bank struck a seemingly dovish tone.

Investing.com-- The Reserve Bank of Australia hiked interest rates as expected on Tuesday, citing a slower-than-expected decline in inflation while also hiking its outlook for consumer inflation over the next two years.

Investing.com-- Asian stocks retreated on Tuesday after four straight days of gains as investors awaited more economic cues from China and Australia, while South Korean shares saw a heavy dose of profit taking. 

Origin Energy’s North American suitors have secured support for their $20 billion takeover proposal from key proxy adviser Institutional Shareholder Services, which has told investors the deal offers a “reasonable” premium.

By Ankur Banerjee

«Overall we expect the market to remain positive over the next few days ahead of the Diwali festival over the weekend. Action could be seen in broader market with niche segments in stronger momentum,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 16 points, or 0.08 per cent, at 19,464, signaling that Dalal Street was headed for muted start on Tuesday. India VIX: India VIX, which is a measure of the fear in the markets, rose 2.04% to settle at 11.10 levels. US stocks gain U.S. stocks closed slightly higher on Monday as investors awaited guidance from a host of Federal Reserve policymakers later in the week on the central bank's policy path, with a large amount of bond supply also due to hit the market. Asian shares dip Asian stocks edged lower as fresh doubts emerged on whether the Federal Reserve has finished tightening policy, with gains in US shares limited by a rise in bond yields.

World Cup 2023 match at Wankhede Stadium, Mumbai. The Australia vs Afghanistan Mumbai ODI is a day-night match and will start at 2 p.m. It would be the 8th match of both teams in the ICC ODI World Cup 2023.

Victoria’s Suburban Rail Loop Authority has spent $126 million during its first 18 months of operations, with the “key achievement” being the laying of a 630-metre sewer pipe, annual reports reveal as experts call for it to be paused.

Australia star Steve Smith said the decision to let the team play Afghanistan in a crunch World Cup match was «above my pay-grade» as Cricket Australia faced accusations of «double-standards». Earlier this year, CA scrapped a three-match one-day international series against Afghanistan on the grounds the Taliban, who regained power in 2021, had placed fresh limits on education and work opportunities for Afghan women and girls, including female cricketers. In the run-up to Tuesday's high-stakes match in Mumbai, Afghanistan fast bowler Naveen-ul-Haq took to social media to suggest there was an element of hypocrisy in CA abandoning the one-day games but going ahead with a World Cup match where it had something to lose. «Refusing to play the bilateral series, now it will be interesting to see cricket Australia stand in the World Cup #standards #human rights or 2 points,» Naveen wrote on Instagram. Former Australia captain Smith, however, told a pre-match press conference at Mumbai's Wankhede Stadium on Monday: «We obviously played against Afghanistan in the T20 World Cup at home recently and we're playing tomorrow (Tuesday) so it's not a question for me, it's far above my pay grade.» Cricket Australia had earlier responded to Naveen's post, with a spokesperson telling News Corp Australia: «CA made the decision not to proceed with the three match ODI series against Afghanistan in March following the announcement by the Taliban of further restrictions on women's rights including education and employment opportunities and the access to parks and gymnasiums. »There is a distinction between playing bilateral series against Afghanistan which falls under CA control as compared to playing in a World Cup tournament which is

Sri Lanka's Angelo Mathews was on Monday controversially given "timed out" in a World Cup clash against Bangladesh, becoming the first man to suffer the dismissal in the 146-year history of international cricket. The former captain took more than two minutes to take strike and opposition skipper Shakib Al Hasan appealed, which was upheld by the on-field umpire. Mathews came into bat after the fall of Sadeera Samarawickrama in the 25th over but was unable to secure his helmet strap tightly enough, an action which delayed the resumption of play. Following the Bangladesh appeal, the umpires held a lengthy discussion with the players including Mathews. They ruled Mathews to be out and the 36-year-old veteran reluctantly trudged off with most spectators appearing bemused by the decision. Some Bangladesh fans applauded. Former South African fast bowler Dale Steyn writing on X, formerly Twitter, said: «Well, that wasn't cool». Ex-india batsman Gautam Gambhir, on 'X', said: «Absolutely pathetic what happened Delhi today! #AngeloMathews.» Australian Test batsman Usman Khawaja also blasted the decision. «Angelo made his crease then his helmet strap broke.

Noel Greenhalgh, the part-owner of Melbourne Cup winner Gold Trip, knows a thing or two about buying horses.

After nearly six months of preparation, London’s NatWest Group Pension Fund is ready to kick off the auction for its 20 per cent stake in NSW Land Registry Services.

The sale of PwC Australia’s public consulting arm to private equity investor Allegro Funds has been approved by the Foreign Investment Review Board, clearing the way for the new company to officially begin operations from November 13.

Australian Prime Minister Anthony Albanese says he will protest a lack of transparency in China’s treatment of a detained Australian democracy blogger when meeting with President Xi Jinping in Beijing during a trade-focused state visit

The leaders of Australia and China have welcomed the improvement in relations between their two countries in the past year and emphasized the importance of engaging with each other despite differences on issues such as defense

By Ryan Woo

Kohli's 49th century came after a knock of 101 off 120 balls, helping India to score 326/5 in 50 overs. Following his batting and the 49th century, many cricketers started comparing him with cricket legend Sachin and began calling him G.O.A.T. (greatest of all times).

The London Stock Exchange Group (LSEG), the parent company of the London Stock Exchange and other fintech companies, has posted on LinkedIn that it's seeking a director of digital assets.