Westpac Banking Corp announced on Thursday that it would sell Resimac Group, a non-bank lender, its book of vehicle finance loans. The sale is likely to…
Browsing: #AUSTRALIA
Days after the company’s engineers went on strike for a better pay contract, the Australian pilots union announced on Tuesday that it has rejected a wage…
A day after disclosing a second consecutive multibillion-dollar annual loss from a write-down in the value of its venues, Star Entertainment, Australia’s second-largest casino operator, saw…
On Wednesday, released data showed Australian wage growth unexpectedly fell from 15-year highs in the first quarter. This could signal the cycle’s top and suggest the…
Sydney – On Monday, Australia’s treasurer issued a warning, citing developments in the Middle East as a source of concern for the world economy. These developments…
On Tuesday, the CEOs of Australia’s three biggest banks stated that the country’s housing scarcity may be pushing up prices. However, it is also preventing immigrants…
On Monday, Uber (UBER.N) agreed to pay A$271.8 million ($178 million) to resolve a lawsuit filed by Australian taxi operators and drivers, who claimed they lost…
On Tuesday, the Australian Competition Tribunal granted approval for ANZ Group’s acquisition of Suncorp’s banking business, valued at A$4.9 billion ($3.2 billion). This decision enables the…
On Tuesday, a workers’ union reported that ANZ Group (ANZ.AX), Australia’s fourth-largest bank, has announced plans to cut 170 jobs at its commercial banking operations. Australian…
On Friday, Australia’s top central banker issued a warning, emphasizing that there was still a long way to go to meet the midpoint of the 2-3%…