Australia Financial News
03.11 / 08:55
Manufacturing
BlackRock
show
performer
Gupta’s InfraBuild seeks $544m in fresh debt to stave off lenders
InfraBuild, the steel distribution group that is one of British businessman Sanjeev Gupta’s key assets, has launched a last-ditch $US350 million ($544 million) bond in a bid to raise enough money to repay loans due next year, warning there were “material uncertainties” it could pay its debts.
03.11 / 06:39
Citi
Twitter
Citizens
reports
testing
travelers
Urban India AQI dips as smog debuts, Twitter fumes at 'health emergency'; pic of Ben Stokes using inhaler during practice goes viral
This year, too, is no different. Delhi on Thursday hit the 'Severe' category as it breached the Air Quality Index (AQI) mark of 400. In Mumbai, too, it was no better with Team India skipper Rohit Sharma articulating his concerns before the Sri Lanka game at the Wankhede Stadium in the ICC Men's Cricket World Cup 2023. «I mean, in an ideal world, you don't want a situation like this, but I'm pretty sure the concerned people are taking the necessary steps. It's not ideal, everyone knows that. But obviously, looking at our future generations — your kids, my kids — obviously, it's quite important that they get to live without any fear,» the Team India captain said on Wednesday.
03.11 / 06:25
03.11 / 06:19
FIVE
CEO
awards
Hudson
voice
reports
Department
Qantas board suffers epic strike over exec riches
Qantas shareholders delivered a stinging rebuke of the airline’s management, handing its board one of the biggest-ever protest votes against an ASX-listed blue-chip company over its executive pay scheme.
03.11 / 06:19
Provident
Career
President
stage
Todd Sampson survives Qantas investor anger, but for how long?
Former advertising executive Todd Sampson says he “reflected a lot” on whether he would put himself up for reelection to the Qantas board before deciding his experience was needed to help restore the airline’s reputation.
03.11 / 06:19
Citi
Fighting
Experts
voice
reports
Macquarie plots $2b buyback; Bankman-Fried convicted; Qantas faces shareholder angst
Want to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day’s news in Market Wrap.
03.11 / 06:19
Target
Manufacturing
CEO
Albemarle
Albemarle pulls back on lithium M&A, flags output cuts
Albemarle says it is done with big takeover plays in the West Australian lithium sector after folding its $6.6 billion offer for Liontown Resources last month.
03.11 / 06:19
Target
BLOCK
performer
guidance
Jack Dorsey’s Block soars 25pc as it lifts guidance, cuts jobs
Block shares surged 25 per cent on the ASX on Friday after Jack Dorsey’s payments company said it would cut global staff by 1500 to keep a lid on costs and announced a surprise $1 billion share buyback.
03.11 / 06:19
Provident
Death
reports
Rio, Rinehart discussed risk of third-party claim to mine venture
Senior Rio Tinto executives and Gina Rinehart discussed the risk that their lucrative iron ore joint venture may attract a royalty claim from another Perth mining dynasty in 2005, a court has heard.
03.11 / 06:09
FIVE
Death
love
Patterson
hospital
reports
symptoms
Host accused of poisoning guests with deadly mushrooms charged with murder
Australian police have charged Erin Patterson, 49, with three counts of murder and five counts of attempted murder.The case gained international attention this summer after police said the four diners’ symptoms were consistent with poisoning by death cap mushrooms.Erin’s guests included her former husband’s parents Gail and Don Patterson, both aged 70, Gail Patterson’s sister Heather Wilkinson, 66, and her husband Ian Wilkinson, 68. Ian was the only guest to survive.Erin is additionally accused of trying to murder her former husband, Simon Patterson, who was not present at the lunch that day.Police allege that Erin’s husband became ill following three separate meals between 2021 and 2022.
03.11 / 04:49
03.11 / 03:43
show
consequences
reports
Qantas shareholders vote against remuneration report at AGM
SYDNEY (Reuters) — Shareholders of Australia's Qantas Airways voted overwhelmingly against the company's executive pay report, according to a tally of proxy votes shown at its annual meeting on Friday.
03.11 / 02:27
Reuters
Apple
WhatsApp
Qualcomm
AirPods
reports
recommendations
Q4
Weekly
jobless claims
6 things that changed for the stock market overnight - Gift Nifty, US weekly jobless claims to Apple Q4 results
US Federal Reserve is done with interest rate hike cycle. Upbeat corporate earnings also boosted sentiment. The domestic equity indices rallied on Thursday amid positive global cues after the US Fed maintained a pause on interest rates.
03.11 / 02:03
Provident
Target
Acrow Formwork launches cash call to fund Queensland acquisition
Listed small-cap Acrow Formwork has launched a $15 million equity raising to fund the purchase of MI Scaffolding, a Mackay-headquartered business that’s slated to be accretive in the 2024 financial year.
03.11 / 02:03
Provident
Target
FIVE
Gap
President
exclusive
Brookfield
APAC investors pour $2.3 billion into Brookfield infra debt fund raise
Brookfield Asset Management is cashed up and hunting big-ticket infrastructure debt deals down under.
03.11 / 01:17
Provident
Platform
performer
Phil King’s Regal buys Sydney firm as it plots more deals
The chief executive of ASX-listed Regal Partners says the fund management group has the ambition and capital to make more acquisitions after it confirmed the buy-out of 25-year-old Sydney-based firm PM Capital.
02.11 / 23:25
Citi
CEO
Compilation
reports
Low
Australia's Macquarie to buy back shares as profit slips to three-year low
By Lewis Jackson and Roushni Nair
02.11 / 22:31
Airlines
pandemic
Hudson
Pride
show
reports
Internal documents reveal collapse in Qantas brand, trust
Qantas has slumped behind arch-rival Virgin on all measures of brand trust, pride, “love”, value and transparency, damning confidential figures presented to senior managers show, revealing the extent of damage to the airline’s reputation this year.
02.11 / 22:31
Booking
CEO
rock
Macquarie hamstrung by asset sales, plots $2b buyback
Macquarie’s first-half net profit slumped 39 per cent as market volatility and fewer opportunities to trade assets led to a dip in activity across its business lines, from deal making to funds management.
02.11 / 22:31
Low
open
How property prices, low arrears have kept funding markets open
A rebounding property market and low mortgage arrears have kept funding markets wide open for Australian lenders, as investors look for more certain and stable returns amid ongoing volatility in equity markets.
02.11 / 18:01
film
show
concert
pop
2024
end
Taylor Swift extends 'Eras Tour' through end of 2024. Know new dates and places
Taylor Swift has extended her Eras Tour to December 2024 by adding new dates. She has added three dates at the BC Place in British Columbia on December 6, 7, and 8. Gracie Abrams will be standing as the opening act. Earlier, Swift announced dates in Toronto, Ontario and six dates at the Rogers Centre slated for November 2024. The pop icon took a break between her last North American dates, which had an official close at the SoFi stadium in August. She will resume the tour with a series of shows in South America. She has already hit Mexico and Argentina and will be in Brazil through November 26.
breaking news about Australia
What is the current situation in Australia?
In Australia, the spotlight is on socially significant developments that spark public discussion.
Where can I find reliable news about Australia?
We publish verified updates about the situation in Australia, based on information from regional journalists.
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.
