Australias
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. Wrapping...
Australia’s top banker renews warning on Apple’s payments power
COMMONWEALTH Bank of Australia chief executive officer Matt Comyn renewed his warning on Apple’s power over the nation’s payments market, reigniting a years-long dispute about competition in a booming...
Australia’s corporate regulator fines ASX, issues infringement notice
AUSTRALIA’S corporate regulator said on Thursday (Mar 7) that ASX has paid a A$1.1 million (S$966,988) fine following a compliance investigation, marking the first such infringement notice issued to...
Australia’s Qantas fined for firing worker who raised Covid-19 safety concerns
AUSTRALIA’S Qantas Airways has been fined A$250,000 (S$218,421) for illegally sacking an employee who told staff not to clean aircraft arriving from China early in the Covid-19 pandemic, adding...
Australia’s ANZ sells 16.5% interest in Malaysia’s AmBank
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it has agreed to sell a 16.5 per cent stake in Malaysian lender AMMB Holdings for RM3.85 (S$1.09) apiece...
Australia’s ANZ sells 16.5% interest in Malaysian lender AmBank for RM2.1 billion
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it had agreed to sell around 546 million shares, or 16.5 per cent interest, in Malaysian lender AMMB Holdings...
Australia’s Woolworths CEO quits as food price inquiry looms, half-year profit misses
WOOLWORTH Group on Wednesday said CEO Brad Banducci will retire after more than eight years at the helm, just as Australia’s biggest grocer prepares for a public inquiry into...
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