Australia Financial News

The Reserve Bank of Australia says a central bank digital currency could increase “efficiency and resilience in some areas of the payments system”, but warns more research is required to deal with legal, regulatory, technical and operational issues to ensure any eAUD operates safely.

FII selling has also weighed on the sentiments. «In the near term market is expected to trade in a range as investors await the U.S. Federal Reserve’s annual Jackson Hole gathering and US Fed Chair Jerome Powell's speech later in the week,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 44 points, or 0.23 per cent, higher at 19,358.50, signaling that Dalal Street was headed for positive start on Wednesday.

Joe Biden and slew of other world leaders will visit India in the second week of September for the G20 Summit. The main event will be held in the national capital on on September 9-10 and is likely to be attended by 29 heads of states as well as top officials of the European Union and invited guest countries and 14 heads of international organisations. Multiple hotels in the Delhi-NCR have been earmarked for attendees.

Hydrogen fuel cell company HDF Energy aims to become a bigger player in the Southern Hemisphere by using part of an old Holden car factory to manufacture 12-metre metal “boxes” containing fuel cells providing electricity.

Only four renewable energy projects reached financial close in the three months to the end of June, extending a dearth in commitments to new wind and solar farms just when the buildout is supposed to be accelerating to allow polluting coal generators to shut down.

Australia’s superannuation sector is not prepared for the nearing demographic cliff when the bulk of members’ capital shifts to drawing-down income, one of the world’s largest private capital managers warns.

Rugby Australia will gain control over key management, coaching and talent decisions at the country’s five Super Rugby clubs in a major restructure designed to dramatically improve performance and unify the sport.

If the last few years have taught us anything, it’s that businesses must constantly adapt and evolve in order to keep ahead of the competition. While the broader macro environment has led many businesses to shift their focus from raw growth to profitability, that doesn’t mean they can stop focusing on customer growth altogether.

Bitcoin losses continued today as bond yields continued to rise, causing concern for investors. This downturn has seen the leading digital currency dip below its two-month low of $26,000 for a loss of 0.74% over the past 24 hours.

Lauryn Hill will soon embark on a world tour. It will be a 25thanniversary tour for her debut solo album, 1998’s ‘Miseducation of Lauryn Hill.’

Decentralized wireless (DeWi) network operator World Mobile announced the launch of its app on Google Play for users in the U.S., U.K., Australia, Canada, and Tanzania on August 22. 

FTI Consulting has given wood pellets maker Altus Renewables’ suitors until September 15 to prepare their indicative bids for the business, which landed in receivership last week.

Gas pipelines owner APA Group is set to make its biggest investment in electricity generation and battery storage assets, advancing its transformation into a broader Australian energy infrastructure group.

Women's World Cup champions during an audience at the presidential palace on Tuesday and later slammed the head of the Spanish soccer federation for kissing a team member on the lips without her consent. «You have achieved something very important.

India should have included Ravichandran Ashwin and Yuzvendra Chahal as spinners for the Asia Cup in the lead-up to the World Cup, feel former players Madan Lal and Karsan Ghavri. While Kuldeep Yadav was picked as the frontline spinner for the Asia Cup, the other spin options in the squad are all-rounders Ravindra Jadeja and Akshar Patel. "Australia have played Kuldeep Yadav very well.

equality. It was the same trite old message that it’s still up to women to prove themselves. This was a golden opportunity to leverage the undeniable success of the tournament that was held in Australia and New Zealand to telegraph a message of acceptance that women are world-class competitors in sports traditionally dominated by men.

ICC event on the horizon and leg-spinner Yuzvendra Chahal has once again fallen out of favour with the Indian team selectors. Chahal was a big name missing from the Asia Cup squad announced on Monday but India skipper Rohit Sharma has left the door slightly ajar for the 33-year-old for the subsequent ODI World Cup at home in October-November. The wily operator, who was once India's go to bowler in the middle overs, finds himself in familiar territory as another World Cup beckons. Chahal was controversially excluded from the 2021 T20 World Cup before returning for the 2022 edition in Australia, where he did not get a game as finger spinners were preferred in the playing eleven. Kuldeep Yadav, one half of the celebrated 'Kul-Cha' duo has left the other half behind in the pecking order.

Indian IT engineers have a significant presence abroad, particularly in countries like the United States, Canada, the United Kingdom, Australia, and various European nations. These engineers are often sought after for their technical skills, problem-solving abilities, and strong work ethic. An Indian software professional is frequently presumed to pursue the American Dream.

Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.

A significant shift is happening in the pool of bidders for BHP’s multibillion-dollar sale of its Queensland coal mines Blackwater and Daunia.

Alumina Limited chief executive Mike Ferraro has welcomed further regulatory oversight of his bauxite mines in Western Australia but says the company can’t tolerate the administrative delays that helped drive his company to its worst financial result in nine years.