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Australia

Australia

Australian Central Bank Warns of More Interest Rate Rises

The central bank's drastic inflation revisions could foreshadow how far interest rates might have to rise to bring the country's…

2 years ago

US Aim to Counter China Hurt by Asia Doubts on Missile Bases

The report by the Rand Corporation said that Australia, Japan, the Philippines, South Korea and Thailand are all reluctant to…

2 years ago

Australian ‘Big Battery’ Boosts Revenue at France’s Neoen

Higher electricity prices in Australia also helped to boost revenue across its wind and solar divisions, where sales rose by…

2 years ago

Australia Inflation Soars as Country Braces for Tight Election

The rise in petrol, home building and food costs is unwelcome news for Scott Morrison, the prime minister, as he…

2 years ago

Australian Lender Names New Chair After Years of Tumult

He replaces Catherine Livingstone, who would retire in August after more than five years in the role, and who oversaw…

2 years ago

Australia Seeks To Fine Uber $19m Over Misleading Fares

ACCC said Uber admitted to have falsely represented fare estimates for its Uber Taxi option as its algorithm would almost always inflate the range…

2 years ago

Australia to Keep Security Ties With Solomons Despite China Pact

Canberra is concerned the security deal, details of which have not been publicised, could foreshadow a Chinese military presence fewer…

2 years ago

Australia’s Viva Energy OKs Project to Produce Cleaner Petrol

The government confirmed it would provide A$125 million each to Viva and Ampol to revamp their refineries to start producing…

2 years ago

Inflation, Interest Rates Weigh Down Australian Confidence

The Westpac-Melbourne Institute index of consumer sentiment released on Wednesday dipped 0.9% in April from March, when it slid 4.2%

2 years ago

Australia’s EML Says it Ceased Talks Over Bain Buyout

The acquisition interest sent EML shares soaring as much as 14.3%, setting them up for the best session in more…

2 years ago

Japan’s Osaka Gas Backs $11bn Hydrogen Project in Australia

Osaka Gas said on Tuesday it will provide technical support for a $10.75bn green hydrogen project in the Australian outback…

2 years ago

Australia’s Morrison Sets General Election for May 21

Term limits mean the poll must be held before the end of May and Morrison's centre-right coalition is trailing the…

2 years ago