Australia

RBA to switch to new system for monetary policy implementation
RBA to switch to new system for monetary policy implementation
AUSTRALIA’S central bank will switch to a new system for the implementation of monetary policy as passive quantitative tightening leads to a decline in reserves in the banking system,...
Keppel Reit to acquire 50% interest in Sydney office building for A3.8 million
Keppel Reit to acquire 50% interest in Sydney office building for A$363.8 million
KEPPEL Real Estate Investment Trust (Reit) : K71U 0% has agreed to acquire a 50 per cent interest in a freehold Grade A office building in Sydney’s central business...
iHeartRadio Music Awards 2024 How to Watch from Canada, Australia, and More
iHeartRadio Music Awards 2024 will take place with a worldwide live telecast from the Dolby Theatre in Los Angeles on Monday (April 1) at 8:00 pm EST. The 12th...
Australia wants businesses to diversify after China scraps wine tariffs
Australia wants businesses to diversify after China scraps wine tariffs
AUSTRALIA’S government has warned businesses against relying solely on China for their economic success after Beijing decided to scrap heavy tariffs on Australian wine exports this week.Assistant Minister for...
China to end punitive tariffs on Australian wine on Friday
China to end punitive tariffs on Australian wine on Friday
CHINA’S commerce ministry said on Thursday (Mar 28) it was lifting punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension.“In view...
China to end punitive tariffs on Australian wine on Friday
China lifts tariffs on Australian wine, ends three-year freeze in trade
CHINA will lift anti-dumping and anti-subsidy tariffs on Australian wine from Mar 29, China’s Commerce Ministry said on Thursday (Mar 28), ending three years of punitive levies and offering...
Australia: Shares notch record closing high
Australia: Shares notch record closing high
AUSTRALIAN shares posted a record closing high on Thursday (Mar 28), with most heavyweight sectors logging strong gains, while investors globally looked forward to a keenly awaited US inflation...
Australia to invest A billion on domestic solar panel push to cut reliance on China
Australia to invest A$1 billion on domestic solar panel push to cut reliance on China
AUSTRALIA will invest A$1 billion (S$881 million) to ensure more solar panels are made domestically, as the nation looks to reduce its dependence on imports from China.The Solar Sunshot...
Australia bank CEOs call for a fix to housing shortage
Australia bank CEOs call for a fix to housing shortage
AUSTRALIA’S housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia’s three...
Uber to pay A2 million to settle lawsuit with Australia taxi drivers, law firm says
Uber to pay A$272 million to settle lawsuit with Australia taxi drivers, law firm says
UBER has agreed to pay A$271.8 million (S$238.5 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing...