News
Australia takes HSBC to court over neglecting scam victims
(Reuters) -Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC, claiming it…
Tag
Australia
Business
19 Australian renewable projects add 6.4GW to national electricity market
Australia's renewable energy sector is set for significant growth with the announcement of 19 new projects under the Capacity Investment…
Business
S&P places Singapore Post on credit watch negative following strategy reset, sale of Australia business
GLOBAL ratings agency S&P said on Thursday (Dec 5) it has placed Singapore Post (SingPost) on CreditWatch negative, following a change in…
Business
SingPost to divest Australia business at A$1 billion enterprise value
SINGAPORE Post (SingPost) has entered into a share purchase agreement to divest its Australian business at an enterprise value of A$1…
Business
SingPost to divest Australia business at A$1 billion enterprise value to private equity fund
The group may consider a special dividend after repaying debt and considering future funding needs SINGAPORE Post (SingPost) has entered…
News
Childcare worker who abused more than 60 girls jailed for life
A former childcare worker dubbed "one of Australia's worst paedophiles" has been sentenced to life in prison for raping and sexually…
Business
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 in the near term, all but…
Business
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, despite concerns…
News
Police officer guilty of manslaughter in Taser death of 95-year-old woman
An Australian police officer has been convicted of manslaughter after a court ruled his use of a Taser on a 95-year-old woman led to her…
News
Australia introduces bill to fine supermarkets for supplier misconduct
Australia has introduced a bill that could impose hefty fines on large supermarket chains failing to comply with a new industry code of…
Business
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 S$398.8 million a…
News
170 arrested as climate activists in Australia block one of the world’s largest coal ports
Australian police arrested 170 climate change activists in the state of New South Wales during a protest from Friday through Sunday.…
Business
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 franchise it…
News
Australia dumps plan for fines for social media giants enabling misinformation
SYDNEY (Reuters) - Australia's government said on Sunday it had dropped plans to fine internet platforms up to 5% of their global revenue…
News
Antarctica Is the Canary in the Global Coal Mine, and Scientists Are Terrified
Antarctica is staring down the barrel of a gun, and humans are the ones holding it. Hundreds of concerned scientists came together in…
News
‘Good luck, Gus’: Emperor penguin found in Australia is released back into the wild
The first emperor penguin found in Australia has been released after spending 20 days in the care of a wildlife expert, the Australian…
Business
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, said the…
News
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 the Australian government’s…
Lifestyle
Swimmer captures massive splash ahead, stunned by what she got on video
A swimmer had a lucky encounter with a whale when she was in the waters just off the Sunshine Coast in Queensland, Australia. In a viral…
Lifestyle
Mom buys "family advent calendar" from thrift store—uncovers X-rated secret
A woman has discovered the quaint advent calendar she found for a bargain price in a local thrift store might not be as family friendly as…
Business
Australia's Woolworths, Coles to defend lawsuit over discounts
(Reuters) -Woolworths and Coles Group said on Friday they would defend class action proceedings commenced by a law firm in Australia's…
Business
Watch: Koala found relaxing in South Australia couple's bedroom
Nov. 13 (UPI) -- A couple arrived at their home in Australia after midnight and found their bedroom occupied by an unexpected intruder --…
Business
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 the Pacific, Treasurer Jim…
Business
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 more. Anthony…