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04h07 Australian retail sales dived
for a third straight month in August as half the population were
trapped in coronavirus lockdowns, though reopening is in sight
as vaccinations race toward world-beating levels.. . .
03h59 Australian shares fell on Tuesday as
technology stocks tracked the overnight plunge in Wall Street's
tech-heavy Nasdaq index, while a firmer U.S. dollar pushed
domestic gold stocks to their lowest level in 1-1/2 years.. . .
27/09 Australian shares are set to open lower
on Tuesday, likely dragged down by tech stocks taking cues from
a weak session on Wall Street overnight which could possibly
offset a boost in the local. . .
27/09 Australian shares ended higher on
Monday, buoyed by optimism over plans to lift the COVID-19
lockdown in the country's most populous state, while heavyweight
energy and bank stocks also provided momentum.. . .
27/09 Australia shares hit a more than
one-week high on Monday, boosted by heavyweight banking and
mining stocks on strong commodity prices over the weekend,
though losses in tech and healthcare capped gains.. . .
26/09 Australian Prime Minister
Scott Morrison refused to commit to phasing out fossil fuels as
a major climate conference approaches, while his deputy doubled
down on opposing targets for net zero emissions of greenhouse
gases.. . .
24/09 Australia must match developed
nations and commit to cutting carbon emissions to net zero by
2050, or face higher borrowing costs, its treasurer said on
Friday, as pressure builds on the government to firm. . .
24/09 Australian authorities need to
tighten home loan standards to cool a red-hot housing market and
reduce risks to the financial system, the IMF warned on Friday,
while also calling for more action on climate. . .
24/09 Australian shares are set to open
marginally higher on Friday, extending gains into a fourth
straight session, taking cues from a strong overnight session on
Wall Street, with strong commodity prices likely boosting miners
and. . .
23/09 Australia and
Indonesia, the world's biggest coal exporters, face an
accelerated decline in global demand for their coal shipments
after China said it would stop building coal-fired power plants
overseas, analysts, environmental groups and industry. . .
23/09 Australian shares ended at a seven-week
high on Thursday, led by tech and energy firms, as positive news
from embattled developer China Evergrande Group calmed investor
nerves, while a hawkish stand by the U.S.. . .
23/09 Sun cable, an
Australian-Singapore venture, will invest $2.5 billion in
Indonesia as part of an ambitious solar power project to provide
Singapore with up to 15% of its energy requirements, officials
said on Thursday.. . .
23/09 Australians are finding a silver
lining to lockdowns as super-cheap credit lifts the value of
homes and shares to record highs, a windfall of wealth that
gives consumers the means to spend big once. . .
23/09 Fonterra Co-operative Group
is considering an initial public offer of its
Australian operation, the world’s biggest dairy exporter said on
Thursday, in an exercise that could return about $700 million to
shareholders by 2024.. . .
23/09 Australian real-estate firm Dexus
teamed up with APN Industria REIT on Thursday
to buy Perth's Jandakot Airport for A$1.3 billion ($939.90
million), as it looks to venture out of the fund management
business.. . .
22/09 Police in Australia's second
largest city of Melbourne arrested more than 200 people after
projectiles thrown by protesters injured two officers on
Wednesday, the third consecutive day of demonstrations against
COVID-19 curbs.. . .
22/09 Australian shares ended higher on
Wednesday in line with other markets, after troubled developer
China Evergrande Group assured it would avoid default, dousing
investor worries of an imminent crisis unleashing global
financial chaos.. . .
22/09 Australia's booming housing
market is leading to a build up of consumer debt that could
become a risk to financial stability, a top central banker
cautioned on Wednesday, while also noting the strength was
positive. . .
21/09 Police in Melbourne
fired pepper balls and rubber pellets on Tuesday to disperse
about 2,000 protesters who defied stay-at- home orders to damage
property, block a busy freeway and injure three officers,
leading to more. . .
21/09 Australian shares closed higher on
Tuesday, boosted by energy stocks, although gains were capped by
weakness in global markets over fears of a potential debt
default by China Evergrande Group.. . .
21/09 Australia's central bank is
concerned the spread of the Delta variant could slow the
economy's recovery once coronavirus lockdowns start to ease,
although it still expects strong growth to resume next year.. . .
21/09 Australian shares fell for a third
straight session on Tuesday as financial and tech stocks
weighed, while debt crunched property firm China Evergrande
rocked global markets on concerns about spillover risks to the
world's second-largest. . .
20/09 The Reserve Bank of New Zealand's (RBNZ)
Assistant Governor Christian Hawkesby in a speech released on
Tuesday said the monetary policy committee's "least regrets"
approach to deliver stimulus sooner rather than later helped the
economic. . .
20/09 Australian shares fell more than 2% on
Monday in their worst session in nearly seven months, as weak
commodity prices hammered mining and energy stocks, while AusNet
Services soared after receiving a sweetened buyout
offer.. . .
20/09 Australia's New South Wales
(NSW) state on Monday reported its lowest rise in daily COVID-19
cases in more than three weeks as some lockdown restrictions
were eased in Sydney, the state capital, amid higher. . .
20/09 Australia said on Monday it
would step up grant funding for hydrogen projects to boost clean
energy output, as it faces international pressure to set more
ambitious carbon emissions reduction targets for 2030.. . .
20/09 Australian shares fell more than 1% on
Monday, dragged down by heavyweight mining and energy stocks
hurt by weak underlying commodity prices, while tech stocks
tracked weakness on the Wall Street.. . .
20/09 A consortium led by Australia's
Transurban Group will pay A$11.1 billion ($8.06
billion) for a near half stake of the country's longest auto
tunnel network, giving it full ownership of the asset and
dominance of. . .
17/09 Australian shares ended lower on Friday
in a second straight weekly drop, dragged down by iron ore
miners hitting multi-month lows and surging coronavirus cases
across parts of the country raising concerns over a. . .
17/09 Qantas Airways Ltd said
on Friday it was considering new ways to structure pay to ensure
it could retain key executives as it enters the third financial
year affected by the pandemic-driven slowdown in. . .
16/09 Australia's coal mines are at
risk of becoming stranded assets under three out of four
scenarios that consider how the global energy transition will
unfold, according to a report by the country's central bank.. . .
16/09 Commonwealth Bank of Australia,
the country's top lender, said on Thursday it would plead guilty
to 30 charges brought against it in the federal court for
mis-selling consumer credit insurance (CCI) to its customers.. . .
16/09 Australian employment dived in
August as coronavirus lockdowns in Sydney and Melbourne forced
businesses to lay off workers and slash hours, while the jobless
rate was nudged lower by a sharp fall in the. . .
16/09 Australian shares rose on Thursday,
driven by gains in energy and mining sectors on stronger
commodity prices, while investors took comfort in the
government's decision to ease restrictions for vaccinated
citizens in New South Wales.. . .
15/09 Australia's geological agency
has published in-depth minerals mapping data that it hopes will
drive fresh investment in mining and agriculture across the
country's southeast, the agency and resources minister said on
Wednesday.. . .
15/09 A measure of Australian consumer
sentiment bounced in early September amid hopes harsh
coronavirus restrictions would soon be eased as the pace of
vaccinations stepped up markedly across the states.. . .
14/09 Australia's top central banker
said on Tuesday coronavirus lockdowns would cause a sharp
contraction in the economy this quarter but was confident
activity would rebound quickly once restrictions were eased in
coming months.. . .
14/09 Prices for Australian
residential properties in the major cities climbed a record 6.7%
in the June quarter versus the previous quarter amid super-low
borrowing costs and strong demand for work-at-home property.. . .
14/09 A measure of Australian business
conditions showed a welcome improvement in August as sales and
profits weather coronavirus lockdowns in parts of the country,
offering hope of a speedy recovery once restrictions ease.. . .
13/09 A sale of Australia's biggest
airport moved closer on Monday as an infrastructure investor
group won permission to conduct due diligence on Sydney Airport
Holdings Pt Ltd, after sweetening its takeover offer to
A$23.6 billion. . .
13/09 The government of the Australian
state of New South Wales (NSW) said on Monday the pace of
COVID-19 vaccinations had slowed as first-dose coverage neared
80% and urged the unvaccinated to get shots soon. . .
10/09 China has lobbied the Australian
parliament to help it join a major regional trading pact,
describing the strength of Chinese trade with Australia and
avoiding mention of billions of dollars in punitive sanctions
imposed by. . .
10/09 Major Chinese power plants are
set to kick off coal inventory restocking ahead of the winter
heating season earlier than in previous years, worried by
record-high coal prices and tighter supplies.. . .
10/09 Australia's government has
appointed Nicholas Moore, who led Macquarie Group for a
decade until 2018, to chair a new regulator review board to
report on the effectiveness of the country's banking and
corporate regulators.. . .
10/09 Australian shares rose on Friday, helped
by mining stocks after aluminium prices hit multi-year highs,
with investors also cheering exiting of COVID-19 lockdowns in
most regions in the state of Victoria.. . .
09/09 Crown Resorts' auditor
on Thursday warned that numerous money-laundering probes into
the Australian casino operator and the impact of the COVID-19
pandemic cast "material" uncertainty over the company's ability
to continue as a going concern.. . .
09/09 The relative price valuations of Asian
equities compared with their global peers are at a near 14-month
low, data showed, after their lacklustre performance due to
worries over slowing growth and the spread of. . .
09/09 Australian shares posted their biggest
drop in nearly three months on Thursday, hit by mining and tech
stocks, while concerns over rising COVID-19 cases derailing an
economic recovery also dented sentiment.. . .
09/09 Two of Australia's largest
lenders, National Australia Bank (NAB) and Westpac
, on Thursday rejected criticism that they are stymieing
competition by refusing to do business with cryptocurrency
providers.. . .
09/09 Australian shares fell on Thursday, on
mounting concerns that the Delta coronavirus variant may derail
a global economic recovery, with declines in mining and
technology stocks contributing to most of the losses.. . .
09/09 Australian shares are expected to open
lower on Thursday on mounting concerns the Delta coronavirus
variant may derail the global recovery, with Wall Street ending
The local share price index. . .
08/09 Australian shares fell on Wednesday,
dented by heavyweights mining and gold sectors after most
commodity prices took a hit on demand crunch as the greenback
strengthened.. . .
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