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Australia's AMP outlines $400 million plan for special dividend and buyback, shares soar
Australias scandal-hit AMP Ltd said on Thursday it would return up to almost 400 million to investors in the form of a special dividend and a share buyback sending its stock surging as much as 14.
Australia Central Bank Chief Says Fiscal Stimulus Needed to Revive Coronavirus-Stricken Economy
Australias central bank on Friday called on all levels of government to put all shoulders to the wheel to fund the spending desperately needed to generate jobs and drag the economy out of its ...
Just 22.3% of Australia’s founders are women: How universities could tackle entrepreneurship’s gender gap
Australias economic recovery would be greatly helped along by the inclusion of more talented female founders in our startup ecosystem.
Australia’s Foxtel Shuffles Management in Response to Changed Digital Reality
TV leader Foxtel has announced a management reshuffle that breaks down the separations between its traditional channels and the newer streaming services. Unveiled in an internal memorandum the ...
Commodity trade finance revenue tumbles 40% in Q2 -report
Revenue from commodities trade finance slid 40 year-on-year to 700 million in the second quarter consultancy Coalition said on Thursday as banks such as ABN Amro exit the business.
AUD/USD Price Forecast – Australian Dollar Continues to Chop Wood
The Australian dollar continues to chop wood meaning that it is grinding sideways and working hard to finally make the move.
Asia-Pacific markets mixed as U.S. stocks rally; Australia's jobless rate hits 22-year high
Pacific markets traded mixed on Thursday by the close following a surge in the U.S. markets overnight as tech stocks rallied.
Australia's Newcrest misses forecasts, lower FY 21 gold output seen
Gold miner Newcrest Mining Ltd NCM.AX on Friday forecast lower output in fiscal 2021 due to issues in Papua New Guinea as it posted a smaller-than-expected increase in annual profit. The countrys ...
Asian Markets Rise, Australia Bucks Trend
Asian stock markets with the exception of Australia are rising on Thursday following the overnight gains on Wall Street that reflected a rebound by tech stocks. Investors also remained optimistic ...
Australian insurers ask courts to decide on pandemic payouts
The Insurance Council of Australia began legal action on Thursday to seek formal clarification on whether they need to pay insurance claims to small businesses hit by the coronavirus pandemic.
Australian Billionaire Woos Canadians, Hoping to Build Big Coal Mine in Rocky Mountains
Australian mining magnate Gina Rineharts Hancock Prospecting Pty is hoping a charm offensive from annual fundraising parties to local refurbishments at a golf course will help overcome opposition ...
Rugby Australia broadcast deal: Alan Jones takes an axe to new offering
It was described by Rugby Australia as the largest and most comprehensive collection of rugby rights ever put to the market in Australia.