Australian Financial News

Also read: This Australian state has refused to host Commonwealth Games, ‘not a difficult decision’, says Premier; here's why The rescue plan put forth by Mayor Tate has garnered "full support" from Athletics Australia, the country's governing body for sports. They firmly believe that Gold Coast is uniquely positioned to step forward and deliver a Games of exceptional quality, as demonstrated in the successful 2018 event that left a lasting impact on Australian sport.  "We firmly believe the city is in a unique position to step forward," the BBC quoted Athletics Australia as stating.

The Australian Securities and Investments Commission (ASIC) has canceled the financial services license of FTX’s Australian subsidiary effective from July 14, impacting 30,000 customers.

(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.

Also read: Japan Accuses Australia of Betrayal in Fight Over Natural-Gas Exports The multi-sport event, featuring 20 sports and 26 disciplines, was planned to be held across five regional hubs in Victoria. However, Andrews' team explored cost-cutting options, including reducing the number of hubs or moving the Games to Melbourne, but found them unfeasible.

Everyone loves a good mystery, so when a huge, unidentified metal object washed up on a Western Australian beach, locals and internet sleuths alike couldn’t contain their curiosity.

BBC reported. The report said that the mysterious object can be part of the recently launched Chandrayaan-3. "We want to reassure the community that we are actively engaged in a collaborative effort with various State and Federal agencies to determine the object's origin and nature," police said in a statement.

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.

Bella Macey, a 10-year-old girl from Australia, is bravely fighting Complex Regional Pain Syndrome (CRPS), known as the «most painful condition» known to mankind. Bella's family revealed that the condition developed after a blister on her foot became infected and inflamed during their first overseas trip.

Bigger, faster, stronger. The next-generation Boxer armoured vehicles being made in Australia by German defence giant Rheinmetall are in high demand in armies around the world.

Binance’s offices in Australia were searched by the country’s financial markets regulator as governments around the world turn up the heat on the biggest cryptocurrency exchange.

Jarden’s Australian operations recorded a $13.3 million loss for the 15 months to March 31, as expenses weighed on the investment bank, which has hired hundreds of staff since its inception in 2020.

Australia’s central bank has left its benchmark interest rate at 4.1% after inflation fell to 5.6% in May from 6.5% a month earlier

By Lewis Jackson

cricket captain, Ben Stokes, has responded to an Australian newspaper's attempt to label him and his team as 'crybabies'. The response came as the fierce battle between England and Australia in the ongoing Ashes series extended beyond the cricket pitch, with media outlets from both countries engaging in a war of words. The Australian media fired shots at England's team, labelling them as 'crybabies' after Stokes expressed his displeasure on the controversial dismissal of England wicketkeeper batter, Jonny Bairstow, during the recent Lord's Test. Bairstow had walked out of the crease after ducking a short ball from Cameron Green, but with the ball still in play, Carey threw it at the stumps and dislodged the bails. Bairstow was left stunned, as the English fans booed loudly. Australia won the match by 43 runs despite Stokes’s heroic 155 in the fourth innings. After Monday's papers in the United Kingdom took a dig at the Australian team over the controversial dismissal, one newspaper, The West Australian, published a front-page image of Stokes in nappies, with a pacifier and the headline 'Crybabies'. «Poms take whingeing to a new level with 'cheating' drivel» read another line from the paper.

Elon Musk-led Twitter was hit by yet another lawsuit last week over non-payment of bills and rent. Australian project management firm Facilitate Corp has sought about A$1 million ($665,000) from Twitter over work done in four countries in the past year. The revelation came even as Twitter was forced to limit the number of posts users could see each day in a bid to lessen strains on Twitter’s servers.

SYDNEY (Reuters) — An Australian project management firm has filed a lawsuit against Twitter Inc (NYSE:TWTR) in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries, court filings showed.

SYDNEY (Reuters) — Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday.

Nathan Lyon, Australia's key spinner, has suffered a significant calf strain during the second Ashes Test and is uncertain for the rest of the series. Lyon experienced the injury while running to field a ball and had to be assisted by the physio as he left the field. Since then, he has been seen using crutches to move around and has not returned to play. Cricket Australia stated that Lyon will need a rehabilitation period after the conclusion of the current match. A decision on Lyon's availability for the remainder of the Ashes 2023 will be made once the second test match at Lord's concludes. However, Lyon may still be able to bat if required later in the match. Lyon, who claimed his 496th Test wicket by dismissing Zak Crawley in England's innings, was a key contributor to Australia's victory in the first Test at Edgbaston, taking eight wickets. Lyon is currently playing his 100th consecutive Test, making him only the seventh player in history and the first bowler to achieve this feat. His departure from the field coincided with Australia taking three wickets for 34 runs, leaving England at 278-4 by the end of day two. England captain Ben Stokes was dismissed by Mitchell Starc in the first over of the 3rd-day game. In Australia's squad, the only other spinner available is Todd Murphy, a 22-year-old off-spinner who made his debut earlier this year and has played four Tests. Murphy had an impressive performance in his first Test against India, taking 7-124, and continued to contribute throughout the series with seven additional wickets.

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.

Regulators across the world should investigate Big Four accountancy group PwC after its Australian arm leaked confidential information to score new clients, according to a senior politician in the country.