Business
Wee Hur jumps 5%; shares soar over 14% this week on Australia lifting foreign student cap
Shares of student acccommodation operator Wee Hur rose on Wednesday (Aug 6) on news of Australia raising its cap on foreign students in…
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Australia
Business
Wee Hur jumps 6.5%; shares soar over 15% this week on Australia lifting foreign student cap
Shares of student acccommodation operator Wee Hur rose on Wednesday (Aug 6), following news that Australia will raise its cap on foreign…
Business
Wee Hur jumps 6.5% to record high as Australia lifts cap on foreign students
Shares of student accommodation operator Wee Hur hit an all-time high on Wednesday (Aug 6), following news that Australia will lift its…
Business
Wee Hur jumps 6.5% to record high as Australia raises cap on foreign students
Shares of student accommodation operator Wee Hur hit an all-time high on Wednesday (Aug 6), following news that Australia will lift its…
Business
Australia: Miners, banks propel shares to record high; RBA outlook in focus
AUSTRALIAN shares rose to a record peak on Wednesday, supported by strong performances among miners and banks, while investors almost…
Business
Australia to provide A$135 million bailout for Trafigura lead, zinc smelters
The Australian government said on Tuesday it will provide A$135 million (S$112.5 million) in financial support for two smelters owned by…
Business
Australia activates Blackrock’s A$1 billion super battery which will be world’s most powerful
The country leads globally in rooftop solar per capita, which floods the grid with cheap daytime power but also creates challenges for…
Business
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Business
Australia central bank wary of cutting rates too quickly, prudent to await more data
Australia’s central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of…
Business
Bain seeks next airline after tripling money on Virgin Australia
Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings. The US buyout…
Business
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1…
Unsorted
Australia Post rolls out parcel-only post offices
Australia Post has introduced a modernized post office format designed to make sending, collecting and returning parcels faster and more…
Business
Australia takes another step toward a central bank digital currency
Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a…
Business
Australian Luxury Design Brand Paloma Editions Enters U.S. Market
MILAN — Australian design firm Paloma Editions, which was founded in 2023 as an antidote to consumerist style, grew its sales to $10…
Unsorted
One of Southeast Asia's Most Buzzworthy Snack Brands Lands in Australia — And It's Already Flying Off Shelves
In 2009, Jonathan Shen packed his bags, mapped out his future, and headed for Australia with ambitious plans. He applied to several…
Business
Reserve Bank of Australia poised for back-to-back rate cuts as tariffs darken outlook
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Business
Australia job vacancies bounce 2.9% in May quarter, ABS data shows
SYDNEY (Reuters) -Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors,…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
Business
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20…
Business
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
RALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire…
Business
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
RALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal Reserve’s cautious…
News
Anne Enright’s Literary Journeys to Australia and New Zealand
Not long ago, the Irish writer Anne Enright visited Australia and New Zealand. When asking for a local recommendation at the Potts Point…
Business
Australia regulator trials faster IPO process as listings hit decade low
Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade…