By Lewis Jackson SYDNEY (Reuters) – Holdings of Australia’s big banks by domestic fund managers are hovering near record lows…
Australian billionaire Forrest snares CWP Renewables for over $2.7 billion
By Scott Murdoch and Sonali Paul SYDNEY/MELBOURNE (Reuters) – Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired…
Australia’s economy slows in Q3 as higher rates, prices sap spending power
By Wayne Cole SYDNEY (Reuters) – Australia’s economy slowed a little in the September quarter as sky-high prices and rising…
Stocks slide, dollar up as market eye central bank rate policies
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -Global stocks posted a third straight day of losses and the…
Australia’s Big Four banks pass central bank rate hike to home loan customers
(Reuters) – All of Australia’s “big four” banks said on Tuesday they will raise their home loan rates by a…
Australia central bank raises rates to 10-year high, says more needed
By Stella Qiu SYDNEY (Reuters) – Australia’s central bank on Tuesday raised interest rates to a 10-year high and stuck…
Australia sues AmEx on alleged breach of credit card distribution laws
(Reuters) -The Australian securities regulator on Tuesday took the local unit of American Express Co (AmEx) to court alleging two…
Australia records first current account deficit in three years
By Wayne Cole SYDNEY (Reuters) – Australia’s current account fell into deficit for the first time in three years last…
Australia government spending dips in Q3, minor drag on GDP
SYDNEY (Reuters) – Australian government spending dipped 0.6% in the September quarter due to a pullback in investment, an unexpected…
Shares, bond prices fall as U.S. data sparks rate hike fears
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new…