Australia takes Optus to court for allegedly selling mobiles to vulnerable customers
Australia’s competition watchdog is taking Singtel-owned Optus to court, alleging it engaged in misconduct while selling mobile phones and plans, ...
Tag: Australia
Citi’s Australia chief says real estate tops investor interest
REAL estate is emerging as Australia’s most in-demand sector as investors seek out the biggest beneficiaries of what they expect ...
Australia central bank discussed future cases for raising, lowering rates
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future ...
Elon Musk’s X loses court fight with Australia over social media fine
AN AUSTRALIAN judge rejected an attempt by social media platform X to wipe a A$610,500 (S$542,008) fine levied by a ...
Australia central bank warns households against over-borrowing once rates fall
AUSTRALIA’S central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking ...
Reserve Bank of Australia holds key rate at 12-year high, defying global easing
AUSTRALIA’S central bank held its key interest rate at a 12-year high on Tuesday (Sep 24) as it tries to ...
CapitaLand Ascott Trust to be compensated for missing funds in Australia
A senior executive is accused of manipulating tax invoices to inflate tax payments and pocketing the refunds HOSPITALITY player CapitaLand ...
Australia greenlights third runway for Melbourne airport
AUSTRALIA’S Melbourne Airport on Friday received a long-awaited approval to build a third runway, with the federal government setting out ...
Australia to phase out AT1 bonds for bank capital after Credit Suisse wipeout
AUSTRALIA’S banking regulator has proposed lenders phase out the use of additional tier 1 (AT1) bonds – the kind of ...
Australia central bank reforms in doubt as politics interferes
LONG-DELAYED reforms to the Reserve Bank of Australia (RBA) could be dead in the water after the Liberal National opposition ...
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