Australia’s CBA cuts interest rates on some home loans for new borrowers
It will cut the variable mortgage rate to new borrowers by 25 basis points to 6.89% if such borrowers have ...
Tag: Australias
Australia’s ASX profit slips as regulator scrutiny drives up costs
AUSTRALIAN stock market operator ASX said annual underlying profit slipped below market expectations due to higher expenses stemming in part ...
Australia’s NAB posts lower cash earnings, flags decline in asset quality
NATIONAL Australia Bank (NAB) posted an 8 per cent drop in its third-quarter cash earnings on Friday (Aug 16), pressured ...
Australia’s Fortescue to step up energy spending despite job cuts
AUSTRALIA’S Fortescue said on Thursday (Jul 25) it will increase spending on its energy division to advance several new green ...
Australia’s Domino’s Pizza slumps to over nine-year low on bleak store growth view
SHARES in Australia’s Domino’s Pizza Enterprises hit a more than nine-year low on Thursday (Jul 18), as analysts cut their ...
Australia’s Fortescue to cut about 700 jobs; appoints insider Apple Paget as CFO
FORTESCUE will reduce about 700 jobs, or 4.5 per cent of its global workforce, in a fresh restructuring round, the ...
Seatrium signs deal to service vessels of Australia’s Teekay Shipping
OFFSHORE and marine specialist Seatrium has secured a favoured customer contract agreement from Teekay Shipping (Australia).Also known as Teekay Australia, ...
DigitalX to list Bitcoin ETF on Australia’s main stock market
DIGITALX will launch a Bitcoin exchange-traded fund (ETF) on Australia’s main stock market after becoming the second asset manager to ...
Australia’s largest pension fund shifts to equities
AUSTRALIANSUPER, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further ...
Australia’s resources earnings to ease over next two years from 2022 peak
AUSTRALIA’S energy export earnings will ease over the next two years as commodity prices return to long-term levels after Russia’s ...
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