Australia Financial News

FIFA Women’s World Cup after losing 4-0 to Australia in their last group match.Co-host Australia finished at the top of group B followed by Nigeria – both sides advancing to the round of 16 on Monday.It was a disappointing end for seventh-ranked Canada, who drew their first match against Nigeria and won 2-1 against debutant Ireland.Overall, they finished third in their group.It was an uphill battle for the Olympic champions against the 10th-ranked Australian side, as they went down a goal early in the first half.Hayley Raso scored twice for Australia at the 9th and 39th minute mark.

World Cup in Australia and New Zealand is reaching a crucial stage, as the 32 qualified national teams are vying for the 16 spots in the Round of 16. The tournament's bracket has been predetermined by FIFA, and after the group stage, it will be a no-second-chances, straight knockout battle from the Round of 16 onwards. The excitement and intensity are building as the teams compete for glory and a chance to advance further in the tournament.

Magellan-backed equities clearing firm FinClear has kicked off a spending spree with the acquisition of Transact1, a Brisbane cash investment platform used by industry super funds with $3.1 billion in funds under management.

Cryptocurrency exchanges including BTC Markets, Kraken, Swyftx and Coinbase are keen on Australia introducing regulation for the controversial crypto space, to protect investors and help rebuild trust in an industry badly damaged by FTX’s implosion last year.

Australians withdrew nearly $7.8 billion from bank deposits in June, the first big drawdown since May 2021 and the largest on record, as interest rate increases and high inflation started to bite into savings buffers.

Fears are rising that road and rail proposals could be delayed because of chronic skills shortages and cost blowouts as energy projects needed to deliver Australia’s ambitious 2030 renewable energy target overtake transport and form the bulk of work in an $894 billion infrastructure pipeline.

The Matildas have hauled themselves off the canvas to thump Canada 4-0 and reach the Women’s World Cup round of 16.

The Spanish owner of CIMIC, Australia’s biggest construction group, has confirmed it wants to use its stake in Barcelona-headquartered toll road operator Abertis to expand into tolling motorways in Australia.

Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.

Australia. Initial theories suggested that the object was «space junk». Now, officials have identified the mysterious object as nothing but debris from an Indian rocket. The barnacle-covered object is easily the size of a small car. Read on to know more about it. The mysterious space object was found at Green Head, a town which is about 250 km / 155 miles from Perth, the capital of Western Australia. The object was earlier being guarded by the police, though it did not pose a risk to anyone. The gold-hued canister measures around 2.5 meters long and 2.5 meters wide, and is now in storage. The Australian Space Agency has revealed the object was «most likely» to be “debris from an expended third-stage of a Polar Satellite Launch Vehicle". This kind of medium-lift launch vehicle, the PSLV, is operated by the Indian Space Research Organisation (ISRO). The third stage of the vehicle is catapulted at an altitude of 264 miles.Sky News reports the Australian Space Agency as saying that officials from India and Australia are working together to «provide further confirmation to determine next steps, including considering obligations under the United Nations space treaties». Garth Griffiths, a local, told ABC News that it was a local lady and her partner who discovered the object. It was “just floating on the edge of the water and dragged it out with their four-wheel drive," he said, adding, «There were barnacles and marine life growing on it.»

Lynas Rare Earths will withhold a portion of supply from the market in response to a plunge in prices for the key ingredient in wind turbines, electronics and military applications.

Nissan Magnite SUV is offered in multiple trims. These include XE, XL, XV, Turbo, Premium, Premium Turbo (O), and Geza Edition. The SUV comes with two engine choices.

Australian army helicopter that crashed Friday during a multinational exercise hit the water with a «catastrophic impact» and there is no chance its four crew members survived, officials said Monday. Australia's fleet of more than 40 of the MRH-90 Taipan helicopters, made by French Airbus, has been grounded since the crash and there are doubts any will fly again. They will be grounded until crash investigators determine what caused the tragedy.

Venkatesh Prasad has come down heavily on Team India's performance after Hardik Pandya's boys lost to West Indies in the second ODI. In a series of post on social media platform X, which was Twitter earlier, Venkatesh Prasad said India's performance in ODIs and T20 has been very ordinary for quite sometime now. India is yet to win a ICC trophy since 2013 Champions Trophy triumph.

Pilbara icon Lang Hancock exaggerated his role in the development of the West Australian mining industry and minimised the contribution of his associates, a court has been told.

Both Hollywood tentpoles were primed for one of history's most epic box-office showdowns. However, surprisingly, both movies have managed to pass the box-office test with flying colours!

Shares are mostly higher in Asia after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams.

RFC Ambrian is tipping in $5 million into mining tech business and IPO hopeful NextOre, cornerstoning its Series B growth funding round.

Australian nickel and lithium miner IGO posted a 19 per cent jump in fourth quarter earnings, boosted by record production at its flagship Greenbushes lithium mine in Western Australia.

Infant formula company Bubs’ China sales deteriorated further over the past quarter as excess stock and an ongoing dispute with its biggest daigou partner, AZ Global, dented demand.