Australia Financial News

But, there are many ways of looking at this. The most obvious is the cricketing one. There’s a good chance the trophy will actually stay in India.

UBS published a detailed research report on Whitehaven Coal’s mooted purchase of two major BHP coal mines only hours before the investment bank’s analysts were restricted from discussing the transaction.

Get ready for the return of mystery Chinese bidders. Herbert Smith Freehills is forecasting a pickup of Asian interest in Australia’s public companies after the region’s bidders deserted the local deals landscape in the last 12 months.

ICC World Cup 2023: India is set to enter the World Cup with its first match against Australia on 8 October in Chennai. The Rohit Sharma-led squad is playing the world's biggest tournament without any practice matches as the rain disrupted India's warmup matches against England and Netherlands.

The Australian Energy Regulator has sounded the alarm over the growing market power of Snowy Hydro as an increasingly important provider of back-up power for renewables, which it says have the potential to further increase costs in an electricity system where households are already struggling with higher bills.

Australia will no longer let international students enroll in two courses concurrently during the first six months of their principal course of study. This change in rule is intended to crack down on 'dodgy' education providers that have been misusing the concurrent enrollment policy to encourage students to switch institutions. The government says that the new rules will help to ensure the integrity of the international education sector and protect students from exploitation. The new rules do not impact students who are already holding concurrent enrolments. However, students looking to enroll in a second course concurrently after the first six months of their principal course of study will need to obtain approval from their education provider. There are a few exceptions. «For example, students will still be able to enroll concurrently in a course that is an approved component of a combined or double degree. Additionally, students who have a valid reason for needing to enroll concurrently, such as extenuating circumstances, may be able to obtain an exemption from the rules,» Saurabh Arora, CEO and Founder, University Living, explains.

Commonwealth Bank will be forced to offer more competitive mortgages to halt a two-month slide in market share, the first time in two decades that the country’s largest lender has recorded an overall contraction in its home loan book in consecutive months.

ICC World Cup 2023: England and New Zealand are set to clash in the inaugural match of ICC World Cup 2023 on Thursday at Narendra Modi Stadium, Ahmedabad. Team India will face Australia in Chennai on 8 October without playing any warmup match due to the rain disruption. Ahead of the first match of the World Cup, Team India skipper Rohit Sharma spoke with the news platform TheIndianExpress and opened up about multiple things like the pressure of the big tournament, India's failure to win ICC trophies, leadership pressure, etc.

Qantas says Qatar Airways carries more Australians out of the country than tourists in, dismissing claims from the travel sector that denying the Middle Eastern carrier’s bid to add flights has damaged the economy as “overstated”.

Stockbroking outfit Morgans was accused of voting shares of clients without authorisation in a boardroom brawl for a dental chain that it had helped raise $35 million in a disastrous float.

Asian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high

Westpac will maintain a presence in the South Pacific after the federal government indicated it wants to see Australian companies playing a role in the region.

Spotify's business was stagnating. Apple had overtaken it as the top paid music service in the United States, losses were mounting and customer growth was slowing. Daniel Ek, the company's CEO, decided that Spotify needed to transform from a music service into the everything store for audio. The first missing piece was podcasts.

An engineering company that provides services to BHP, Rio Tinto and Santos is considering joining the ASX in a float that could value it at more than $400 million.

Imagine you are the CEO of a medium-sized professional services firm offering tax advice to thousands of Australian individuals, families and small businesses. You’re enjoying movie night at home on a Saturday; a rare moment of calm after a busy week.

TPG Telecom and suitor Vocus Group are expected to continue talks over the potential sale of some $6 billion in assets for weeks despite the expiry of an exclusive period of due diligence.

MinterEllison’s burgeoning consulting division continues to grow, after the top-tier law firm bought higher education consultant Wells Advisory to create an “end-to-end” legal and advisory higher education practice.

How Australians pay for goods and services has transformed over the past 20 years. Cheques are all but gone, and the federal government says they will be phased out by the end of the decade.

Sensex declined 316 points to end at 65,512, while the Nifty 50 fell 110 points to 19,529 on Tuesday. “Given the global concerns of more US rate hikes along with 16-year high US 10-year bond yield and 7-month high Dollar Index, the sentiments remain dented and thus is resulting in profit booking. In the near term, we expect this weakness to persist with stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

By Tom Westbrook

(Reuters) — Australian lender Westpac said on Wednesday it had cancelled the sale of its Fiji and Papua New Guinea businesses, ending a years-long process that was beset by regulatory problems.