Business
Australia’s green bank makes record A$3.5b in clean energy investments
Australia’s green bank on Monday (Jul 28) said that it invested a record A$3.5 billion (S$2.9 billion) in clean energy projects and grid…
Tag
Australias
Business
How Australia’s Cannabis Industry Is Opening Doors
In just a few short years, Australia’s cannabis industry has evolved from a policy debate to a rapidly expanding medical industry. Now…
Business
Australia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
RALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending…
Culture
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part of an ongoing…
Business
Australia’s central bank keeps rates steady at 3.85%, stuns markets
Australia’s central bank on Tuesday (Jul 8) left its cash rate steady at 3.85 per cent, a shock for markets that had confidently wagered…
Business
Australia’s Star Entertainment gets last-minute extension on threatened casino deal exit
Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their…
Business
Australia’s Star casino shareholders approve A$300 million rescue package
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the…
Business
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two…
Business
Australia’s ASIC initiates probe into bourse operator ASX
RALIA’S securities regulator said on Monday that it has launched an investigation into Australian bourse operator ASX’s governance,…
Business
Australia’s Qantas to close low-cost arm Jetstar Asia
RALIAN flag carrier Qantas said on Wednesday it will close Jetstar Asia, the group’s Singapore-based low-cost unit, in a bid to recycle up…
Business
Australia’s WiseTech agrees to buy E2open for US$2.1 billion
The deal, which will be fully funded through a new US$3 billion debt facility underwritten by a syndicate of nine lenders Australian…
Business
Australia’s central bank cuts rates to two-year low of 3.85%
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global…
News
Two British tourists drown near Australia's Great Barrier Reef
Two British tourists have drowned off the coast of a popular tourist town at the southern tip of the Great Barrier Reef. A boy, 17, and a…
Business
Australia’s Video Market to Hit $12.3 Billion by 2030, YouTube, Netflix Dominate, Media Partners Asia Study Finds
In a new analysis of Australia’s evolving entertainment landscape, research firm Media Partners Asia (MPA) projects the country’s video…
Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…
Business
Australia’s central bank holds rates as it frets over trade war risk
Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a…
Business
UBS expands wealth service to target Australia’s mining capital
UBS Group promoted Tim Clemenger to be its first client adviser for wealth management based in Perth, the Swiss bank’s latest move to…
Business
Australia’s Goodman raises A$4 billion for data centres to tap AI boom
AUSTRALIA’S Goodman Group plans to raise A$4 billion (S$3.4 billion) via a share placement to develop a global network of data centres, as…
Business
Virgin overtakes Qantas as Australia’s largest domestic airline
VIRGIN Australia overtook Qantas Airways to become Australia’s largest and most reliable airline at the end of last year, sending a…
Business
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress Star says STAR Entertainment Group received a…
Business
Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
Business
Australia’s Macquarie profit flattens as commodity trading drops
Macquarie Group’s profit was flat for the first three quarters of the fiscal year as business in its commodities trading arm continued to…
Business
Australia’s Star Entertainment rises on bids for its Brisbane joint venture
Destination Brisbane Consortium is a joint venture between Star Entertainment and its Hong Kong partners, Chow Tai Fook Enterprises and…
Business
JPMorgan exits Australia’s Star Entertainment
JPMORGAN Chase has ceased to be a shareholder in embattled Australian casino operator Star Entertainment, an exchange filing by the gaming…