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…
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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%…
For the first time since January 2022, central banks in major developed nations did not raise interest rates in September, while emerging markets maintained their split…
As profits from its institutional arm surpassed those from its home lending division on Friday, Australian lender ANZ Banking Group Ltd (ANZ.AX) announced that it was…
Australia’s Westpac Banking Corp (WBC.AX) on Monday dropped a cost-cutting goal, blaming inflation, but after easily exceeding first-half profit projections, investors drove the stock higher. May…