SingPost to divest Australia business at A$1 billion enterprise value to private equity fund
Group may consider a special dividend after repaying debt and considering future funding needs SINGAPORE Post (SingPost) has entered into ...
Tag: Australia
Australia central bank says inflation too high for near-term rate cut
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts ...
Australia shares hit record high again on boost from banks
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, ...
Singapore Post in exclusive talks for Australia business sale
Singapore Post’s Australian business had posted a revenue of S$574.8 million in the half year ending Sept 30, up from ...
UBS targets rich women as return to Australia strategy shapes up
UBS Group is returning to wealth management in Australia after it exited almost a decade ago, tapping the Credit Suisse ...
CLI to invest up to A$1 billion to grow funds under management in Australia
CAPITALAND Investment (CLI) will commit up to A$1 billion (S$878 million) to grow its funds under management (FUM) in Australia, ...
Social media giants face A$50 million fines under Australia ban
GLOBAL social media firms could face fines of as much as A$50 million (S$43.7 million) if they fail to enforce ...
Australia nears deal with ANZ to stop bank closures in the Pacific
AUSTRALIA is in the final stages of talks with ANZ Group over a deal to maintain the bank’s branches across ...
Top UBS banker in Australia sees role helping ultra-rich invest abroad
UBS Group expects rich Australians to seek more investment outside the country as assets grow and they want to diversify ...
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers ...
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