Australia Financial News

Danny Dyer returns to the small screen in the thrilling series «Heat,» set to premiere on Channel 5 this week. The show, set in Australia, delves into the web of secrets and lies that unravel as two families gather for their annual summer vacation. Following his nine-year stint as pub landlord Mick Carter in «Eastenders,» Dyer was eager to take on a new challenge. The actor expressed his enthusiasm for working under the Australian sun, marking a departure from the gloomy streets of Walford. Dyer wasted no time, jetting off to the other side of the world after filming his final scene on the iconic soap.

Concern over the rise of drug-resistant superbugs is spreading beyond hospital wards and health clinics to the world’s major financial centers. A number of large institutional investors are joining together to put pressure on food companies to curb the use of antibiotics in livestock, which the World Health Organization says is contributing to some infections becoming hard to treat with existing drugs.

PwC Australia has revealed that former chief executive Tom Seymour was the highest-paid partner at the firm, taking home $4.6 million in 2021-22, and that the firm received dozens of misconduct complaints against partners during the past five years.

National Australia Bank chief executive Ross McEwan has told parliament that urgent action is needed to accelerate housing supply otherwise rising migration will put even more upward pressure on house prices and rents.

Incitec Pivot confirmed its fertilisers business has been the subject of unsolicited interest from potential buyers amid doubts over whether its plan to spin-off the asset into a standalone company will succeed.

Apex Greenhouses, the largest builder of commercial greenhouses in Australia and New Zealand, has agreed to sell a minority stake in the business to Dutch aggregator GreenV BV to strengthen its ability to compete against bigger players.

As Australia’s IPO train pulls away from the station, one key issue keeps cropping up: pandemic-driven profits.

The $450 million penalty handed to Crown Resorts for breaches of anti-money laundering and counter-terrorism laws is pointing to a lower-than-expected fine for its ASX-listed rival, Star Entertainment.

Wilson Asset Management chairman Geoff Wilson says he expects Magellan Financial to run down the clock on the options tied to its $2.8 billion closed end fund before it acts to extinguish a double-digit discount between the unit price and asset value

Optus has joined Telstra in circumventing the National Broadband Network and turned to Elon Musk’s satellite fleet Starlink to let its customers get signal almost anywhere in the country.

Sports and outdoor goods seller KMD Brands, the company behind Kathmandu and Rip Curl, has joined Adairs, Super Retail and Domino’s Pizza in warning of a consumer slowdown which has dampened June quarter trading.

Naomi Osaka has been blessed with motherhood in Los Angeles where she has given birth to a baby girl. Naomi announced her pregnancy in January and said that she and her partner rapper Cordae were expecting a child. The last Grand Slam title she won was the Australian Open 2021.

China’s economy can grow faster than America’s. The answer will affect far more than factory orders or personal incomes. It will shape the world order.

a heat map for defence stocks. So, are defence stocks in Indiacurrently overvalued? To understand this, let's take a look at Israel. When the state of Israel was founded, the country desperately needed trading partners.

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Global law firm Ashurst said on Thursday that a 10 per cent increase in revenue over 2022-2023 had failed to translate into more pay for partners as rising costs and inflation hit the bottom line.

India left-hander Yashasvi Jaiswal will make his test debut as opener while Shubman Gill will move down the order to number three in the first match against West Indies beginning later on Wednesday, visiting captain Rohit Sharma said. Gill has been playing as Rohit's opening partner in recent times, including in the World Test Championship final, which they lost to Australia last month. Before the first match of the two-test series in West Indies, Gill asked head coach Rahul Dravid to let him bat at number three, a position held by veteran Cheteshwar Pujara, who has been dropped from the side.

British Prime Minister Rishi Sunak and Australian PM Anthony Albanese engaged in a good-natured banter revolving around the Ashes series when the duo met during the NATO summit in Lithuania The friendly encounter between the two politicians comes in the wake of a week-long dispute between England and Australia over a regulation crease stumping that was deemed against the spirit of the game. The video that went viral shows Albanese playfully displaying a paper indicating the scoreline of 2-1 in Australia's favour, while Sunak countered with a picture of England batsmen Mark Woods and Chris Woakes celebrating their recent Test match victory at Headingley. Taking it further, Albanese produced a photo of England wicketkeeper Jonny Bairstow being controversially stumped in the previous match at Lord’s.

Asian shares nudged higher and the dollar was at a two-month low on Wednesday ahead of crucial U.S. inflation data that will help gauge whether the Federal Reserve is at the end of its aggressive rate hike policy. The Japanese yen strengthened against most major currencies and last fetched 139.43 against the dollar, its highest in a month.

Traditional owners hit hard by Rio Tinto’s destruction of Juukan Gorge have signed an agreement with Fortescue Metals Group that opens the door to co-management of mine planning, closure and rehabilitation.

inflation data from India and the US to be released later today. US stock futures were little changed in early Asian trade, while Japanese and South Korean markets fell. Investors await the inflation data for further cues on the outlook for interest rates in the US and India.