Australia Financial News

19.07 / 09:05

COST UPS RBC country week Ampol shares hit six-week high on ‘impressive’ sales

Ampol shares rallied to a six-week high on Wednesday after a trading update that revealed its total fuel sales rose by nearly a quarter in the first half.

19.07 / 09:05

UPS Provident Lowe's FIVE Platform Strategy SME lender Lumi rules off Series 3 round; attracts offshore investor

Small business lender Lumi has welcomed a new strategic investor as it seeks to grow the business and institutionalise its register, Street Talk understands.

19.07 / 09:05

COST Provident Waves CEO ANZ Deal Barclays punts $200m on Australia with TP24 debt deal

Swiss invoice finance provider TP24 has secured a new $200 million warehouse finance facility from British investment bank Barclays to deploy in Australia, in what TP24’s chief executive says should be a “wake-up call” for the big four.

19.07 / 07:53

UPS Provident Enterprise ANZ voice Takeover Brookfield Alinta cites ‘discrimination’ concerns in Brookfield/Origin takeover

Electricity generator and retailer Alinta Energy has told the competition regulator that the takeover of Origin Energy’s markets business by Canadian giant Brookfield could lead to discrimination against Origin’s competitors when negotiating to connect new renewable projects to the grid.

19.07 / 07:53

COST UPS RBC Big miners think inflation has eased, finally

Two of Australia’s biggest miners have signalled that inflationary pressures are easing, setting an optimistic tone for the next six weeks of production reports and profit results.

19.07 / 07:49

COST UPS Citi Target country Ahmedabad may bid to host 2026 Commonwealth Games after Australia backs out: Report

Times of India has stated. The Gujarat government sources told TOI that the city have been preparing to bid for 2030 Commonwealth Games and have been setting itself up for the infrastructure. The state had earlier set its target to complete the work by 2028, however, sources added that work will be completed before the 2026 games.

19.07 / 07:47

CEO Australia's Westpac splits consumer and business banking unit into two

(Reuters) — Westpac Banking (NYSE:WBK) Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, effective Aug. 1.

19.07 / 07:01

Digital Platform Financial How the Financial Review handles corrections

The Australian Financial Review is committed to building trust with readers by correcting factual errors promptly and prominently.

19.07 / 07:01

UPS Citi BLOCK Gap Airlines Travellers to pay more after Qatar rebuffed: Airports

Australian tourism and airport operators say a decision to block Qatar Airways from expanding services into east coast cities will hurt consumers and businesses, rubbishing suggestions that the state-backed airline would distort the market for carriers trying to restore international capacity.

19.07 / 07:01

UPS FIVE PwC Accenture Deloitte EY runs ‘a very different tax practice’ to PwC

EY has told a Senate inquiry that the firm runs “a very different tax practice” to PwC and does not have “partners roaming the market with solutions looking for problems”.

19.07 / 07:01

COST Provident Digital Landmark Platform Chanel Digital currency used in landmark cattle sale for rural economy

In a landmark transaction for the Australian economy, one that points to the arrival of accessible agricultural payments technology, a NSW cattle auction was settled by two farmers using a digital version of the Australian dollar backed by the Reserve Bank.

19.07 / 07:01

UPS Aware Platform Mobile Software NOT Wagering games developer forced into liquidation for not paying staff

A former staff member of an Australian wagering and games developer looking to claw back unpaid salary, superannuation and annual leave has successfully fought to have its local operations forcibly wound up.

19.07 / 07:01

UPS MasterCard Nike Mercury The key money metric where women outshine the men

The Matildas are beating the Socceroos in the lucrative competition for merch.

19.07 / 05:47

COST UPS Progressive Ahmedabad may bid to host 2026 Commonwealth games after Australia pulls out over cost concerns

Commonwealth games may make a comeback in India after 16 years as Gujarat government is considering the prospects to make a bid to host the next Commonwealth Games. This comes as Australia withdrew its offer to host the 2026 Commonwealth Games, yesterday due to rising costs. As per a ToI report, the original plan was to prepare Ahmedabad for the 2030 Commonwealth Games with a goal of completing all infrastructure projects by 2028.

19.07 / 05:27

business regulation FTX Financial Services Financial Australia’s financial regulator cancels license for FTX’s local entity

The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary.

19.07 / 04:43

UPS Lowe's Asia FX slips as dollar rebounds, peak Fed rates in sight

Investing.com-- Most Asian currencies fell on Wednesday as the dollar rebounded from 15-month lows, with recent U.S. data spurring more bets that the Federal Reserve was close to pausing its rate hike cycle.

19.07 / 03:49

Cooper Aware Platform Strategy Mobile India-US defence relationship robust, increasing in scope and sophistication, says General Brown

India as a strategic partner to the United States, a top American general has told lawmakers that the India-US military-to-military relationship is robust and increasing in scope and sophistication. «India is a strategic partner to the United States.

19.07 / 03:19

Provident Reuters Australian Regulator cancels license of FTX's Australian business

(Reuters) -Australia's securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.

19.07 / 03:19

UPS NIFTY Nissan Nikkei Asian stocks Asian stocks rise amid bets on peak Fed rates, China lags

Investing.com-- Most Asian stocks rose on Wednesday after data released overnight spurred increased bets that the Federal Reserve was close to ending its current rate hike cycle, while Chinese markets continued to lag on a worsening economic outlook.

19.07 / 02:51

UPS Microsoft Software Remark MSCI Nikkei Asia stocks split as US-China outlooks diverge

Asia's stock markets were mixed on Wednesday with growth concerns dragging on China's equities while shares gained in Japan and Australia after healthy U.S. company earnings and retail data added to hopes that a recession there can be avoided. Dovish remarks from a European Central Bank policymaker boosted bonds and dragged the euro lower.

19.07 / 02:36

SENSEX AGRO Updates open Sensex Today | Share Market Live updates: Indices may open in the green on positive cues; IndusInd Bank in focus

top ten companies to watch out today, L&T Finance Holdings, Bank of Maharashtra, Hatsun Agro Products, Finolex Industries, Can Fin Homes, Century Textiles and Industries, Alok Industries, Mastek, Tata Communications, Tata Coffee will be in focus as they report June quarter earnings on Wednesday.Asian equity markets witnessed an upward trend as stocks followed the rally from the US market, while the New Zealand dollar appreciated due to moderating inflation.Markets in Japan, South Korea, and Australia saw a rise in stocks at the opening of the trading session. However, futures for Hong Kong stocks showed a downward trend, while those for the US remained largely stable.

breaking news about Australia

What is the current situation in Australia?

In Australia, the spotlight is on socially significant developments that spark public discussion.

Where can I find reliable news about Australia?

We publish reliable reports about the situation in Australia, based on information from regional journalists.

What shapes the media agenda in Australia?

The news landscape of Australia is shaped by key decisions by local authorities, reflecting its unique context.