Australia Financial News

NASA, and more. The two European stations will complement support from NASA's Deep Space Network and ISRO's own stations to ensure the spacecraft's operators never lose sight of their pioneering Moon craft. Meanwhile, the Canberra Deep Space Communications Complex, which is part of NASA's Deep Space Network, earlier tweeted, “The Goldstone Deep Space Communications Complex, part of said Our sister station @GoldstoneDSN continues with two-way communications for @isro's #Chandrayaan3 mission to the Moon.

Decentralized mobile internet provider World Mobile has officially launched its services on Google Play.

The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project, which has the potential “to support increased efficiency and resilience in some areas of the payments system.”

international trade and investment to help create more jobs, and address slowing global growth," he said in his statement, adding that he will also advocate for Australia’s trade interests, including to reinforce G20 support for a strong rules-based multilateral trading system with the World Trade Organization at its core. He also said Australia will continue to work closely with India in support of its G20 presidency.

Australians have lots of options when choosing an online casino. Players should focus on what really matters - security, bonuses, fast payouts, and a huge range of games. 

Operating in a ring-fenced environment and involving a digital currency that is a real claim on the Reserve Bank, 14 pilot projects with a range of industry participants investigated potential CBDC use cases. The various use cases explored in the project highlighted a range of areas where tokenised money could add value, reports the RBA, including by facilitating programmable payments, atomic settlement in tokenised asset markets and offline payments. The project also highlighted opportunities for CBDC to support the development of new forms of privately-issued digital money, including tokenised bank deposits or CBDC-backed stablecoins. "In this sense, a CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation," notes the central bank. However, the project highlighted the need for further analysis of the legal underpinnings for a CBDC, as well as consideration of the regulatory frameworks that could apply to any new business models that may arise.

tumbled into deflation. A strangely slow official response, and a property crisis that is going from bad to worse, have provoked fears of a prolonged downturn. What happens in the world’s second-largest economy matters everywhere else.

Entain, the operator of the Ladbrokes and Neds brands, has axed more than 50 local jobs as it attempts to adapt to lower discretionary spending.

Worley boss Chris Ashton has singled out artificial intelligence as a top priority, setting up a new working group to investigate how it can incorporate the emerging technology into its global engineering business.

The Reserve Bank’s market trials of an eAUD – as its proposed central bank digital currency is known – rightly focused on applications that could deliver the biggest efficiency gains to the Australian economy.

Wednesday shaped up as a big day in the bond market with a range of deals coming to market.

The Lottery Corporation chief executive Sue van der Merwe said the aggressive marketing of offshore lotteries has not had a financial impact on the $11.5 billion giant, but claimed the advertising push was concerning newsagencies that a cut from local competitions.

Domino’s chief executive Don Meij has promised that menu item prices won’t be lifted this year as the pizza chain tries to reposition as the best value operator in fast food amid intense cost-of-living pressures for households.

The NSW Greens have proposed an amendment to force accounting firms structured as partnerships with more than 100 partners to pay 5.45 per cent payroll tax on their partner income.

Commonwealth Games officials initially sought a “multibillion-dollar” payout from Victoria’s Andrews government for its cancellation of the 2026 event, and independent mediators were crucial in containing it to a$380 million deal that went down to the wire.

Jio Financial, Vodafone Idea, Adani Energy, Hindalco, Piramal, TVS Supply Chain are among stocks likely to be in focus todayAsian markets traded on a mixed note on Wednesday as investors assess private business activity surveys from Australia and Japan, as well as inflation figures from Singapore. A flat end on the Wall Street also weighed on sentiment.Traders are now awaiting Nvidia Corp.’s results later Wednesday, which are set to test the fervor around the artificial-intelligence hype, while wider markets are marking time ahead of a speech from Federal Reserve Chair Jerome Powell on Friday.MSCI's broadest index of Asia-Pacific shares outside Japan were up 0.1%, hovering not far away from its nine-month trough hit just two sessions ago.

Indian stock market is expected to open on a weak note Wednesday following losses in global peers amid lower risk appetite. Asian markets fell while US stocks indices ended lower overnight as investors awaited clarity on the US Federal Reserve monetary policy outlook from Fed chair Jerome Powell’s speech at a meeting in Jackson Hole on Friday. On the domestic front, the Indian equity indices, Sensex and Nifty, ended flat on Tuesday despite positive trends in global markets.

Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payments and asset tokenization.

Woolworths Group boss Brad Banducci expects food prices to continue to come down this year, but says consumers are noticeably pulling back spending at its discount chain Big W where shoppers are shunning bigger items such as small appliances.

APA Group is seeking to raise $750 million in new equity to help fund the acquisition of remote power assets from Alinta Energy in its biggest move yet into the electricity sector, opening up a new avenue of growth.

Australia, while rich in fossil fuels, is equally gifted with the resources to make it a renewable energy powerhouse. Whether it can make this transition will be a matter, not only of political will, but of tough business choices.