Australia Financial News

Former Matildas Heather Garriock and Amy Duggan played for Australia at a time when having a child would end a professional athlete’s career and there were few, if any, female change rooms.

inflation rate slipped to a more than two-year low, spelling relief for American consumers and moving the Federal Reserve a step closer toward ending an historic cycle of interest-rate hikes. China’s economy continues to struggle, with recent trade figures showing the largest drop in exports since early 2020. Industrial output in Europe remains weak, while strong wage growth in the UK threatens to add to inflationary pressures. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

India will push its Group of 20 partners at a meeting it is hosting to support its proposal to raise the share of taxes multinational companies pay to countries where they earn «excess profits», government officials said. India's proposal, which has not been previously reported, could temper optimism among G20 members such as Australia and Japan that the meeting of finance ministers and central bankers in Gujarat would make progress on a long-awaited overhaul of global corporate taxation. More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinationals.

SYDNEY (Reuters) — Australian Treasurer Jim Chalmers said on Sunday that he expected the nation's jobless rate to lift from near a 48-year low on the back of higher interest rates and slowing global growth.

By Lucy Craymer

By Shivangi Acharya, Sarita Chaganti Singh and Nikunj Ohri

Meta, the operator of social media platform Facebook, has admitted it used data from software marketed to users as a way to keep their personal data safe as a “business intelligence tool” for its own purposes.

Lizzo seems to have supported singer Taylor Swift when she witnessed a concert-goer holding a sign saying ‘I Chose You Over Taylor Swift’. The incident happened on Friday (July 14) when the “About Damn Time” singer was talking to the audience.

Taylor Swift's Eras tour has been a massive success, projected to earn a staggering $1.4 billion, which would make it the highest-grossing tour ever, according to Forbes. The first 22 performances of the tour alone brought in over $300 million, as reported by Pollstar. After deducting concert promoters and production costs, Forbes estimates that Swift earned around $100 million from these shows.

Odisha and all of this seems to have been addressed. As the car turns into the Kalinga stadium compound, it marks the start of what is now being talked about by many as the “Odisha model”. “I am from Australia and have worked across the world but in no other country do you see this level of infrastructure in one precinct, not even in Australia,” says David John, who’s credited for India’s hockey success in Tokyo and is now the high performance director in Odisha.

Komala, is making its way into the game. Despite initial speculation that Komala would be region-exclusive to Australia, it is now available worldwide. This guide will provide information on how to catch Komala during the event and address some common questions about this unique Pokémon.

Russia and Ukraine is beyond the remit of the G20 and such efforts will be best undertaken by the United Nations and through bilateral negotiations, India's sherpa to the bloc said Saturday. «Our view is that G20 is an economic forum, not a forum to discuss security issues,» India's sherpa Amitabh Kant told Reuters in an interview.

Premier League teams to do so. They lifted the Europa Conference League and ended the year on a positive note last year. David Moyes’ side will also play another big match next week when they take on Tottenham Hotspur. Moyes will have Jarrod Bowen, Pablo Fornals, and Danny Ings when the team flies to Australia. But the eyes are also set on young players like Divin Mubama, Levi Laing, Kamarai Swyer, Freddie Potts, and George Earthy. West Ham are taking these matches to prepare for the season. They have never met Perth Glory before. But experts have predicted West Ham to win the match 2-1. The match between West Ham and Perth Glory will kick off Saturday at 11 pm BST at the Opus Stadium. It will be broadcast on West Ham TV as well as the West Ham app. It can also be watched on Standard Sports' dedicated live blog.

New Delhi: Union minister Jitendra Singh on Saturday said that the successful launch of Chandrayaan-3 will boost space startups and space entrepreneurs. Addressing the G20 Young Entrepreneurs Alliance Summit, the minister said that the Indian Space Research Organization (ISRO) had made history in November last year by launching successfully India’s maiden private Vikram-suborbital (VKS) rocket.

Alcaraz, on Sunday. Djokovic aims to secure his 24th Grand Slam victory and equal Roger Federer's record of eight Wimbledon triumphs. Meanwhile, a win for Alcaraz would mark his second Slam title and signify a potential changing of the guard in men's tennis. If you're wondering how to watch this thrilling match, we've got you covered.

Consulate here to express solidarity with India following a recent attempted arson at the diplomatic facility by Khalistan supporters. A video by Khalistan supporters, dated July 2 posted on Twitter, showed the act of arson at the Indian Consulate in San Francisco. It was the second such act of violence within months.

Ravichandran Ashwin on Saturday surpassed Harbhajan Singh to become the second-highest wicket-taker for India in international cricket. Aswhin did so during the first Test of two-match series against West Indies in Dominica. The veteran spinner recorded one of his finest away performances, taking 5/60 in the first innings and 7/71 in the second innings to finish with a combined figure of 12/131.

«There's been progress made over the years and we want to advance that progress further,» Chalmers told ABC television, referring to the meeting Monday and Tuesday of G20 finance ministers and central bankers. More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations.

Online gaming companies, which have slammed the Goods and Services Tax (GST) Council’s decision to impose the maximum 28% indirect tax on the full face value of the business, said they are awaiting details on the applicability of the levy before deciding their next steps. “Once the amendments are made to the GST law to include online gaming under the ambit… we would urge the government to issue a set of FAQs in the way they had put forth for tax collected at source (TCS) norms for cryptocurrencies,” said an executive at a unicorn gaming platform.

Mary Fowler has scored the winning goal to deliver the Matildas a 1-0 victory over France in an ideal final tune-up for their Women’s World Cup tilt.

Jaishankar on Friday discussed «outstanding issues» along the Line of Actual Control (LAC) with Wang Yi, director of the office of the CPC Central Commission for Foreign Affairs, along the sidelines of the East Asia Summit in Jakarta. Jaishankar said he discussed outstanding issues related to peace and tranquillity along LAC. In June, India and China held yet another round of diplomatic talks on the impasse along LAC in the Ladakh sector. India has maintained that relations cannot be normalised till peace and tranquillity are restored along the LAC. Remaining friction points along the LAC include Depsang and Demchok. Addressing EAS meeting earlier, Jaishankar in an indirect message to China emphasised that the body must be committed to a free, open, inclusive and rules-based Indo-Pacific, with respect for sovereignty and territorial integrity. He said India firmly supported the Asean Outlook on the Indo-Pacific (AOIP) and its implementation through EAS. «There is great synergy between the Indo-Pacific Oceans Initiative proposed by India and AOIP. Quad will always complement Asean and Asean-led mechanisms. AOIP contributes to the vision of the Quad,» Jaishankar said. «India affirms Asean centrality in the Indo-Pacific and advocates the strengthening of EAS.» The statement can be seen as an attempt to assuage Asean misgivings over Quad, a grouping of Australia, India, Japan and the United States.