Australia Financial News
05.07 / 13:57
Binance
regulation
Crypto Exchange
Binance Australia Under Investigation, Offices Searched by Regulator
Australia's financial regulator has visited Binance offices as part of an ongoing probe into the company's defunct local derivatives business.
05.07 / 12:31
COST
UPS
Provident
Reuters
Google
PwC
Leak
PwC Australia ties Google to tax leak scandal: report
PwC Australia provided Google confidential information about the start date of a new tax law leaked from Australian government tax briefings, according to two sources familiar with the matter. This is the first time a company has been directly linked to the national scandal involving the «big four» accounting firm that was first revealed in January. PwC is under fire because several years ago a former partner, Peter Collins, who advised the Australian government on anti-tax avoidance laws shared confidential drafts with colleagues about the government's plans that were then used to drum up business with multinational companies.
05.07 / 12:11
UPS
Waters
Southern
BlackBerry
Takeover
What Robert Costa thinks of $1.6b takeover offer
Costa Group co-founder Robert Costa says he long expected any takeover tilt at Australia’s biggest horticulture company to involve a spin-off of its lucrative berry business.
05.07 / 12:11
COST
Provident
FIVE
Strategy
Fallout
IAG missed insurance discount warnings for years
Insurance giant IAG’s staff raised doubts internally about a discounting algorithm six years before the board heard of the problems that the business was having in pricing premiums, which have since cost it more than $500 million.
05.07 / 11:15
05.07 / 09:29
UPS
Digital
Disney
Sony
rights
Media players continue to bet big on India cricketing rights
cricketing rights in India even as increasing live-streaming viewership and splitting of TV and digital rights between different entities make monetisation of cricket events a challenge.Disney Star, Sony-Zee, Viacom 18, and smaller media players are expected to invest more than $11 billion on marquee cricket properties during the 2023–2027 cycle, officials and analysts said. “Cricket continues to attract huge investments since it guarantees eyeballs,” said Rajesh Kaul, head of sports business at Sony Pictures Networks India (SPNI).
05.07 / 09:19
COST
UPS
Software
ANZ
MYOB’s PayGlobal in crosshairs of offshore suitors
Private equity-backed MYOB has entertained informal offers for its payroll and workforce management software business PayGlobal, Street Talk has learnt.
05.07 / 08:37
UPS
Target
Williams
Career
Manufacturing
Forrester
Forrest makes a ‘whatever it takes’ bet on clean nickel
Billionaire Andrew Forrest is rewriting history in nickel-rich Western Australia, returning to the scene of his biggest career heartbreak as the owner of Mincor Resources.
05.07 / 08:37
Provident
Booking
JPMorgan
Deal
Done deal: Johns Lyng raising priced at $5.15, 5.2pc discount
Johns Lyng Group has priced its $65 million placement at $5.15 a share or towards the top end of the bookbuild range.
05.07 / 08:37
05.07 / 07:47
UPS
MET
Ball
Highways
Former India cricketer Praveen Kumar and his son survive car crash
Praveen Kumar and his son had a narrow escape when his SUV collided with a trailer truck in Meerut on Tuesday night. The pacer told Press Trust of India that he had gone to drop his nephew when a big truck hit his vehicle from behind. «It could have been a lot worse.
05.07 / 07:29
Binance
regulation
Bitcoin
Binance Australia offices reportedly searched by local regulator
BinanceAustralia is working with local authorities on meeting compliance requirements amid reports alleging that the company’s offices were searched on July 4.
05.07 / 06:31
Action
Fallout
PwC
audit
Bell Potter accuses PwC of fee gouging in AUSTRAC audit
Bell Potter has accused PwC of acting “unethically and unconscionably” and price gouging after the firm was appointed to audit the high-profile local stockbroking house following demands from the financial crime regulator.
05.07 / 06:31
Provident
Aware
CEO
Chevron
WA urged to re-think onshore gas export ban
The West Australian government should consider dismantling its onshore gas export ban, which is stifling investment in new LNG projects even as demand rises, Strike Energy boss Stuart Nicholls says.
05.07 / 05:03
Are free trade agreements benefiting India?
Free trade agreements (FTA) have been among the popular trade tools for many countries, with over 350 agreements currently in existence globally.
05.07 / 03:33
COST
UPS
FIVE
Man
Enterprise
Eagle
Deal
NRL’s war with players union over pay deal set to escalate
A heated pay dispute between the NRL and its players is expected to escalate this week after a final offer from Australian Rugby League Commission chairman Peter V’landys was rejected.
05.07 / 03:33
05.07 / 03:19
Provident
BLOCK
ANZ
Brookfield
Consumers to pay more if Brookfield buys Origin, ACCC told
Victorian households and businesses would pay higher prices for electricity if Brookfield is allowed to take over Origin Energy because there would be less competition in supply, the competition watchdog has been told.
05.07 / 03:19
COST
UPS
How rate rises have killed romance
Romance may be the latest victim of the rising cost of living.
05.07 / 03:19
UPS
Matthews
Another CCZ trader jumps to Blue Ocean Equities
Hiring season is in full swing at Blue Ocean Equities.
what's happening in Australia
What is the current situation in Australia?
In Australia, the spotlight is on local government initiatives that impact the interests of residents.
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We publish reliable reports about the situation in Australia, based on information from regional journalists.
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The news landscape of Australia is shaped by the region’s internal dynamics, reflecting its specific characteristics.
