Australia cracks down on ESG investing industry with new rules
THE Australian government is planning to introduce environmental, social and governance (ESG) labelling requirements, as it seeks to fight greenwashing ...
Tag: Australia
Australia holds key rate at 12-year high on inflation worries
AUSTRALIA’S central bank kept interest rates at a 12-year high as it awaits a shift lower in stubbornly sticky inflation ...
Australia will launch ‘holistic’ payments review under new remit
AUSTRALIA’S central bank is working with the government to modernise the country’s regulatory framework for retail payments, following which it ...
Morgan Stanley plans to bring AI tools to rich Australia clients
MORGAN Stanley plans to use artificial intelligence (AI) capabilities to manage rich people’s portfolios in Australia as the Wall Street ...
Commonwealth Bank of Australia may exit Vietnamese bank after foreign investor cap vote
VIETNAM International Joint Stock Bank (VIB) shareholders will vote on Tuesday (Jun 11) to lower the cap on foreigners’ holdings, ...
Australia moves to rein in buy-now-pay-later with credit check law
THE Australian government on Wednesday (Jun 5) introduced legislation that would require buy-now-pay-later (BNPL) firms to run credit checks on ...
Australia orders Chinese investors to sell down stake in rare earths miner
Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on ...
Australia says engaging with Ticketmaster over hacking ‘incident’
AUSTRALIA’S government said on Thursday its cyber security office was “engaging” with US-based Ticketmaster after a hacking group claimed to ...
Australia retail sales grow at a snail’s pace in April
AUSTRALIAN retail sales crept higher in April as shoppers stayed frugal in the face of high borrowing costs and rising ...
Google builds first subsea cable connecting Africa to Australia
ALPHABET’S Google is building out the first undersea fibre optic cable that will directly connect Africa with Australia, helping to ...
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