Australia Financial News

16.08 / 08:57

COST UPS Booking Fitch RBC Investors pile into NBN $850m green bond

A rare corporate bond deal lit up the market on Wednesday as NBN Co tapped investors for a new five-year fixed-rate debt raising.

16.08 / 08:57

UPS Provident Target country social Low Nuclear the most credible path to low-emissions economy: Dutton

Federal Opposition leader Peter Dutton will formalise the Coalition’s official position on nuclear power, including possibly overturning the 1998 ban, to take to the 2025 election, saying Labor was putting “party interests ahead of the national interest”.

16.08 / 08:31

UPS Lowe's Action show cover Gina ‘special project devalued children’s assets’

A once-confidential memo written by Gina Rinehart about a “special project” she was undertaking has been used by lawyers to accuse her of an egregious breach of fiduciary duties and signing the death warrant for a company set up by her father Lang Hancock.

16.08 / 08:29

UPS Provident TikTok social ‘I joined the club’: GST tax fraud nets good behaviour release

A Victorian woman avoided jail after repeated efforts to have more than $115,000 in fake GST payments paid out to a dog grooming business that had been set up over a decade earlier but remained dormant until early 2020.

16.08 / 07:11

Progressive Platform Action show cover social WA gas talks sour as European gas prices jump again

Offshore workers at Woodside Energy-run gas platforms off Western Australia may vote as early as Thursday on industrial action after critical talks with the company appear to devolve into acrimony.

16.08 / 07:11

UPS Citi CEO ANZ New Transurban CEO Michelle Jablko will be ‘smart and disciplined’

Outgoing Transurban chief executive Scott Charlton says there will be no loss of momentum when he departs the $43 billion toll road group in October and is replaced by finance boss Michelle Jablko, expanding the number of women running Australia’s top companies.

16.08 / 07:11

UPS Digital show voice audience Profits down 27pc at Seven, but Matildas delivering ‘halo effect’

A 12 per cent collapse in the television advertising market in the first six months of 2023 capped off a challenging year for Seven West Media, which posted a 27 per cent fall in profits and slight decline in revenue.

16.08 / 07:11

COST Target Mobile country voice Deal Oil and gas boss seals deal with Taiwan, hits out at Canberra

Carnarvon Energy boss Adrian Cook said Australia is losing some of its hard-earned reputation as a reliable jurisdiction for oil and gas investment at the hands of policy tinkering by the Albanese government.

16.08 / 06:37

UPS DOW COMPOSITE show Stock market today: Asia shares decline as faltering Chinese economy sets off global slide

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

16.08 / 05:31

UPS SUN stage country A-Leagues eye signing Matildas marquee players

The Australian Professional Leagues is pushing for government funding of more than $12 million to help the A-League Women capitalise on the Matildas’ magical Women’s World Cup run.

16.08 / 05:31

UPS MAIL Fox Entertainment love show Rupert Murdoch in new romance with Russian oligarch’s ex mother-in-law

Sydney | Months after calling off his fifth wedding, Rupert Murdoch has struck up a new romance with a Russian woman while holidaying on a yacht off the coast in Europe.

16.08 / 05:31

Provident Microsoft Apple performer country PAC PAC Capital funds frozen after articles trigger run

Four funds run by Sydney’s PAC Capital – which promotes itself as a world leader in computer games investing and claimed to have more than $400 million under management – have been frozen after a run of withdrawals.

16.08 / 05:31

UPS Provident Aware Manufacturing Platform Thyssenkrupp country Deal Indian Germany, Spain join Mazagon Dock Shipbuilders in contest for $4.8 billion Indian submarine deal

defense manufacturing giants are seeking to win a Rs Rs 40,000 crore ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China’s expanding naval presence in the Indo-Pacific region. Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named because discussions are private.

16.08 / 05:31

UPS Provident FIVE CEO Assurant performer KPMG Australia CEO’s pay cut amid slower growth

KPMG Australia chief executive Andrew Yates had his pay cut by $600,000 to $2.2 million in fiscal 2023 because of a slowdown in consulting work and deals in the second half of the financial year.

16.08 / 01:55

Reuters NASDAQ JPMorgan NIFTY SENSEX Fitch Warning 5 things that changed for market overnight: Gift Nifty, Fitch’s warning to global market cues for Sensex today

Indian stock market is likely to open lower on Wednesday tracking weak global cues amid overnight selloff in the US equities. Concerns that interest rates may remain higher for a longer time dampened investors' sentiment. On the domestic front, Indian markets were shut on Tuesday on account of the Independence day holiday.

16.08 / 01:55

UPS Target Parke Celebrity show stage Khalistan Indian US: Security beefed up outside Indian embassy amid call for protests by pro-Khalistan group

Indian Embassy beefed up. A large number of police personnel were deployed outside the premises of the Indian embassy, a video posted by news agency ANI showed. This came after Pro-Khalistan groups had planned to stage protests outside the Indian Embassy in Washington DC amid a scheduled Independence Day celebration.

16.08 / 01:39

UPS Williams UBS Fitch show Time Global wealth drops for first time since 2008

Rep. Roger Williams, R-Texas, discusses the U.S. economy, COVID fraud and the border crisis on ‘Mornings with Maria.’

16.08 / 00:05

UPS Citi Parke Allianz country The Matildas create a cultural movement

It’s a question that has become more common as the FIFA Women’s World Cup rolls on – what’s the plan for the next Matildas match?

15.08 / 22:19

COST FIVE CEO UBS ANZ Transurban names Michelle Jablko new CEO

Transurban chief financial officer Michelle Jablko will succeed Scott Charlton as chief executive of the $43 billion tollroad group, which delivered a five-fold increase in annual net profit to $92 million.

15.08 / 20:11

Provident Lowe's Target Progressive Oscar beautiful Renewables fall Australia to fall well short of renewables target: analysis

Australia is set to fall well short of its 2030 target for 82 per cent renewable energy, with extra measures needed to move it past 64 per cent, according to research firm Rystad Energy, which expects Origin’s Eraring coal power station to have to run for several years longer to prevent spiking prices.

15.08 / 20:11

UPS Solar Igneo splashes up to $340m on solar farm

Igneo Infrastructure Partners has inked a deal to acquire Victoria’s Karadoc Solar Farm from German renewable energy developer BayWa r.e. via its renewable energy arm, Street Talk understands.

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