Australian Financial News

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The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider of the Kraken crypto exchange in Australia, for failing to comply with design and distribution obligations for one of its trading products. 

Narendra Modi“the boss" recently. The reporter asked the question amid the allegations by Canada that the Indian government may be linked to the murder of Khalistani extremist Hardeep Singh Nijjar. Both Australia and Canada have huge numbers of Punjabi Sikh population.

The Chevron Corp. says a liquefied natural gas plant in Australia has resumed full production after a fault cut output by one-fifth for three days

Against a backdrop of shrinking gas rigs, output squeezes from operational disruptions, and an Australian labor strike that just refuses to end, ​​natural gas prices have only moved 8.5% over the past week — remarkably little, considering the circumstances.

A Chevron Corp. liquefied natural gas plant has reported a production outage as workers escalated a strike action against its Australian operations that threaten global supply

Investing.com-- Australian employment grew more than expected in August, data showed on Thursday, bouncing back from a small contraction in the prior month as labour conditions remained tight. 

SYDNEY (Reuters) — Australia's largest pension fund, AustralianSuper, said on Tuesday it would buy a minority stake in a major European data centre business for A$2.5 billion ($1.6 billion), its first significant investment into data centre platforms.

ALSO READ: Sunil Gavaskar's unexpected take on Rohit Sharma, Virat Kohli's failure against Pakistan: ‘Not concerned because…’ "If you see the statements that come out from their side...sadly our media gives them the prominence. We have Pakistan players, and Australian players selecting the Indian team. How is it their concern? Do any Indian players go and select the Australian or the Pakistan team? It's none of our business.

UK-based electric bus player Zenobe Energy is readying a push into the competitive grid-scale battery sector in Australia after raising about £870 million ($1.7 billion) from investors led by private equity giant KKR.

Deerpath Capital, a US-based lender, has tapped Australian superannuation funds and family offices for a potential $US2 billion ($3.1 billion) fundraising effort.

Australian Transport Minister Catherine King says invasive gynecological examinations conducted on passengers at Doha’s international airport in 2020 were part of the reason she refused to allow Qatar Airways to double its services to Australia

(Reuters) — Australia's securities regulator said on Thursday it will take PayPal (NASDAQ:PYPL)'s local arm to court alleging that the digital payments giant's standard contracts with small business customers contain an unfair term that could overlook errors in overcharging, burdening its clientele.

(Reuters) — National Australia Bank (OTC:NABZY) is planning to cut 222 jobs in the personal lending, technology, corporate finance and client coverage departments, the Australian Financial Review reported on Wednesday.

Investing.com-- The Australian economy grew a touch above expectations in the second quarter, data showed on Wednesday, as strong exports and infrastructure spending helped offset the impact of sticky inflation and high interest rates.

Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.

Italian engineering group Webuild was facing losses of $4 billion-$5 billion on Snowy 2.0 before the contract was restructured, a move that pushed its price up to about $12 billion, according to Snowy Hydro chief executive Dennis Barnes.

Roughly a quarter of the Australian economy will be hit hard and fast by generative artificial intelligence (GAI) disruption as highlighted in a report by economists.

racist email to a former Indian tenant in which said she hoped migrants would not turn Australia into «the filth that is India». Bronwyn Pollitt, a Perth-based real estate director, wrote to Sandeep Kumar in May 2021 after he disputed a cleaning bill deduction from his security deposit, news.com.aureported on Saturday. The email was submitted to The State Administrative Tribunal in Western Australia, which heard that Pollitt compared Australian living standards and quality of life to the «overcrowded, overpopulated, dirty squaller (sic) of many countries, including India». The Tribunal deemed Pollitt unfit to hold a real estate and business agents licence for eight months beginning September 1. It heard that after Kumar vacated the home in December 2020, Pollitt told him that the house owner did not agree that the security deposit should be released in full. Following discussions regarding the full return of the deposit in May 2021, Pollitt sent the mail which said: «Our living standards, our quality of life and expectations are very different to the overcrowded, overpopulated, dirty squaller (sic) of many other countries including India». «Therefore, it is impossible to have a discussion about what is clean and when I and most Australians have an expectation of what is clean and you are talking from what you are used to,» the email read. Calling herself a «white Australian», Pollitt further said that she hoped that «the massive influx of Indian people will not turn our beautiful country into the filth that is India where bodies are on the street, half burnt bodies are in the river and people climb over each other for medical help while living in absolute slums». «It all starts with cleaning the rental properties though

Also read: G20 Summit 2023: US Treasury Secretary Janet Yellen to visit India, focus on economy, climate, Ukraine This remarkable woman possessed a multitude of talents. Poulett-Harris was skilled in playing the violin and piano. She was also passionate about athletics.

Australia’s consumer watchdog has called for Qantas Airways to be punished with a record fine for allegedly selling tickets on thousands of flights that had already been canceled