Australian Financial News

The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court’s dismissal of its case against Finder Wallet’s crypto product, Finder Earn.

Brisbane-based Monochrome Asset Management has announced it has moved its application for its flagship product the Monochrome Bitcoin exchange-traded fund (ETF) to be listed on the Cboe Australia.

Adelaide Oval, a landmark South Australian sporting venue, now allows AFL patrons to purchase food and beverages using crypto. This marks the first instance of such a payment option being offered at a major national stadium.

Vice Admiral Mark Hammond, Chief of the Royal Australian Navy, is on an official visit to India from April 2 to 6 to bolster bilateral maritime relations between the two nations. His visit includes key cities and prominent maritime regions across India. In New Delhi, Vice Admiral Hammond met with Admiral R Hari Kumar, Chief of the Naval Staff, to discuss increasing operational engagements, training exchanges, and information sharing. He paid tribute at the National War Memorial and received a Guard of Honour from the Indian Navy. He is also scheduled to meet with the Chief of Defence Staff, Chief of the Air Staff, and Defence Secretary during his stay. Vice Admiral Hammond's itinerary includes visits to Mumbai and Kochi, where he will meet with the respective Commanders-in-Chief and visit significant naval installations like INS Vikrant, Integrated Simulator Complex, and Naval Dockyard (Mumbai) and M/s MDL.

Singapore Telecommunications (Singtel), Southeast Asia's largest telecom operator, on Wednesday reiterated that there was no «impending deal» to divest its Australian telecom unit Optus. Singtel, majority-owned by Singapore sovereign investor Temasek, in March denied an AFR report that it was offloading Optus to Canada's Brookfield for up to $12 billion.

A failed Australian taxi-industry disruptor has told a court that Uber began illegally operating its ridesharing service in Australia a decade ago to gain an unfair advantage over competitors

China says it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries

Ferrari's Carlos Sainz has ended Red Bull's Formula 1 winning streak when the Spaniard took advantage of Max Verstappen's early retirement to win the Australian Grand Prix just two weeks after missing the previous race in Saudi Arabia due to an emergency appendectomy. Sainz, who started on the front row alongside Verstappen, kept his place into turn one, but passed the Dutchman on lap two at turn nine for the lead and took control once his rival retired two laps later with a fiery mechanical failure. Verstappen had won the first two F1 races of the season in Bahrain and Saudi Arabia and was on a nine-race winning streak.

Global rideshare giant Uber will pay $178 million to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market

Australian regulator has sent legal letters to social media platforms from YouTube, X and Facebook to Telegram and Reddit, demanding they hand over information about their efforts to stamp out terrorism content. The e-Safety Commission said it was concerned the platforms were not doing enough to stop extremists from using live-streaming features, algorithms and recommendation systems to recruit users.

Britain’s high court has ruled that an Australian computer scientist is not, as he claimed, the mysterious creator of the bitcoin cryptocurrency

Rescuers say falling rocks inside a gold mine in Australia killed one worker and left another with life-threatening injuries

By Naveen Thukral

An Australian Federal Court on Thursday, dismissed a case filed by ASIC against crypto firm Finder Wallet. The Judgement passed by Justice Markovic stated that Finder’s Earn product was ‘compliant’ and did not provide unlicensed financial services.

Samantha Abreu, a 25-year-old nurse from Melbourne, Australia, has become an inspiration after shedding a remarkable 45 kilograms in just a year through simple lifestyle changes. Her journey, chronicled by various news outlets including The New York Post and SWNS, shows the transformative power of regular exercise and mindful eating.

By Peter Hobson

Simon Katich made a pointed remark about England's performance against India in the ongoing Test series, implying that India's current team could be considered a B-Team with key players not playing in the series. However, Katich praised England's captain, Ben Stokes, for his tactical acumen during the series, particularly in handling a relatively young spin attack in challenging subcontinental conditions. Speaking on the show, Around The Wicket, Katich noted the absence of prominent Indian players like Virat Kohli, Mohammed Shami, Jasprit Bumrah, KL Rahul, and Rishabh Pant, characterizing India's current squad as akin to a «B team.» He acknowledged India's deep talent pool, exemplified by emerging talents like Yashasvi Jaiswal and Dhruv Jurel. Echoing Katich's sentiments, former Australian skipper Tim Paine concurred that England might be facing a weakened Indian side, drawing parallels with Australia's experience of being defeated by India's second-string team in the 2018-19 series at home. Despite enjoying England's dynamic style of play, Paine admitted to relishing their losses, albeit finding their approach to the game entertaining and exhilarating.

Australian and Vietnamese prime ministers have discussed ways of improving an already booming economic relationship, as part of Australia’s strategy to diversify trade away from China

By Byron Kaye

KUALA LUMPUR (Reuters) — Malaysia is expecting Australian companies to invest up to 24.5 billion ringgit ($5.17 billion) in the country, state news agency Bernama reported on Wednesday, citing Prime Minister Anwar Ibrahim.

By Echha Jain