Australian Financial News

Investment management firm VanEck saw its first spot bitcoin exchange-traded fund (ETF) listed on the Australian Securities Exchange (ASX) attract $1.3 million on the first day of trading.

Australia’s main opposition party says it plans to build Australia’s first nuclear power plants as early as 2035, arguing the government’s policies for decarbonizing the economy with renewable energy will not work

Australian Broadcasting Corporation (ABC) on "Indian spies" and the Modi government's «infiltration» in Australia has uncanny similarities with «revelations» made in the report of Canadian Broadcasting Corporation (CBC) which also made similar allegations. The ABC report claimed that the Sikh diaspora and their families in India have been «coerced» by Indian authorities and that the Australian government while expanding ties with India is worried about «Indian spies» on its soil. The ABC report also refers to the Hardeep Singh Nijjar case and the Canadian government's accusation against India. «As the federal government embraces Narendra Modi and his administration as an important partner, the long arm of the Indian state is reaching Australia, silencing critics and threatening members of the diaspora… In 2020, India-Australia relations seemed better than ever. Trade deals were blossoming and a range of defence alliances were being signed in response to China's growing power in the region. In secret though, Australia was unhappy with India's spy operations in the country,» alleged the ABC report titled 'Infiltrating Australia', published on June 17.

Chinese Premier Li Qiang has ending his Australian tour in the west coast city of Perth where he focused on China’s investment in critical minerals, clean energy and busines links

Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations met at Parliament House on Monday to discuss thorny issues, including lingering trade barriers, conflict between their militaries in international waters and China’s desire to invest in critical minerals. Li, China’s most senior leader after President Xu Jinping, arrived in the South Australian state capital of Adelaide on Saturday and the national capital of Canberra late Sunday in the first visit to the country by a Chinese premier in seven years.

legal actions to reclaim these overpayments, which arose due to a currency conversion error from US dollars to Australian dollars. Internal communications from X's Asia Pacific HR department reveal that the overpayments, which occurred in January 2023, ranged from $1,500 to $70,000 per individual.These payments were linked to a 'deferred cash compensation' plan tied to employee shares initially priced at $54.20 USD each, the amount Elon Musk paid when he acquired Twitter in 2022.

—Name withheld on request.I assume that you are a non-resident as per Indian tax law. Liquid funds typically invest in a portfolio of money market and short-term debt securities, and since investment in equity shares of domestic listed companies is less than 35% of its total portfolio, they do not meet the criteria of being an equity-oriented fund.

Australia’s online safety watchdog has dropped her Federal Court case aimed at forcing X Corp. to take down a video of a Sydney bishop being stabbed

An Australian judge has ruled that the social media platform X is subject to a state’s anti-discrimination law even though it does not have an office in Australia

An Australian judge has lifted a ban on the social media platform X showing Australians a video of a bishop being stabbed in a Sydney church

Australian court on Monday rejected a bid by the country's cyber safety regulator to extend a temporary order for Elon Musk-owned X to block videos of the stabbing of an Assyrian church bishop, which authorities had called a terrorist attack.

An Australian judge has extended a ban on social media platform X allowing videos of the stabbing of a Sydney bishop in his church last month after government lawyers condemned the company's free speech argument for keeping the graphic images circulating

Three surfers who went missing in Mexico over a week ago have been confirmed dead after their bodies were identified by relatives, Mexican officials announced Sunday.

The Australian Federal Court has delivered a ruling mostly  in favor of  Australia’s markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme. 

NDTV Sports quoted, "He's more Indian than Australian. That's what I tell him. I say that.

An Australian Federal Court on Friday, ruled in favor of the Australian Securities and Investments Commission (ASIC) regarding an unlicensed crypto platform that misled customers.

Why isn't MS Dhoni being promoted up the order for CSK? Stephen Fleming says… Former Australian cricketer Tom Moody has jumped into the debate about Mayank Yadav's inclusion in India's T20 World Cup squad. In an interaction with ESPNCricinfo, Moody praised the young pacer saying, “I've loved what I saw for a first couple of games, it was quite extraordinary to the point you want to see the replays of that game. But you cannot have a knee-jerk reaction and pick him in the World Cup, when he has only played two games and got injured" “You don't really know what he's capable of doing over a long period of time, under pressure and in different roles.

knife attack during a service at an Assyrian church in Sydney was a terrorist act motivated by suspected religious extremism, Australian police said on Tuesday. At least four people were wounded in the attack, including Bishop Mar Mari Emmanuel of the Assyrian Christ The Good Shepherd Church, during a service live streamed at the western Sydney suburb of Wakeley on Monday.

Sydney mall. The man was seen stopping the attacker from getting off the escalator by holding what appears to be a bollard (short post used to prevent traffic from entering an area) from the shopping centre.

Meta over what he said were thousands of scam cryptocurrency advertisements on Facebook that feature his face. The decision is a setback for Forrest, the 37% owner of iron ore producer Fortescue Metals Group and Australia's second-richest person, in his quest to hold the internet giant accountable for the ads. A separate civil lawsuit he has filed against Meta over the ads in California is ongoing.

Australian regulator has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners.