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UPDATE 1-New Zealand probes financial sector oversight after Australian scandals
SYDNEY May 24 Reuters - New Zealand regulators on Thursday asked the chief executives of life insurers operating in the country including AMP to demonstrate they do not struggle with the same conduct risks as their Australian counterparts. The Reserve ...
Australia's Westpac cleared of rate rigging but bank inquiry sword stays
The bank also contravened its financial services obligations through inadequate procedures and training the judge added. This is a very significant and positive outcome for the integrity of Australias financial markets an ASIC spokesman said.
Nokia Australia revenue drops to AU$540m
Nokia has lodged its full-year financial results with the Australian Securities and Investments Commission ASIC with the Finnish networking giants local sales revenue dropping from AU856.4 million in FY16 down to AU536.9 million in FY17. Load Error ...
Australia's RBA head warns about Chinese debt - Australian Financial Review
Australias Reserve Bank of Australia head Philip Lowe spoke on Wednesday about the hazards posed to Australia from China due to the interconnected nature of their economies as noted by the Australian Financial Review. Lowe has appealed for calm over ...
Australian PM Turnbull Tells Government Agency to Study Blockchain
Australian publication ITNews reported. The DTA is a government agency established in 2015 amid a wider digitization agenda that tasks the agency to assist other government bodies to undergo digitization. Speaking to the Senate Finance and Public ...
Australian Government Backs Fintech HashChing with $700,000 Loan from Jobs NSW
Jobs for NSW is helping some of our brightest business people overcome barriers to finance its about making smart ... loan from over 550 community rated mortgage brokers across Australia. Launched in August 2015 HashChing reports it now has ...
The RBA’s shift to worrying about financial stability could be hurting Australian wages
The Reserve Bank of Australia RBA is making an explicit trade-off between inflation and financial stability concerns. And this could be weighing on Australians wages. In the past the RBA focused more on keeping inflation in check the usual role of ...
Australia's 5 richest men are worth $30 billion more than the 5 wealthiest women
Its been a good year for Western Australian miner Gina Rinehart with a lift in commodity prices adding more than 2 billion to her personal fortune taking it to 12.68 billion according to the 2018 Financial Review Rich List. Packaging scion Anthony ...
Cobalt 27 agrees to streaming finance deal with Australian miner
May 22 Reuters - Canadas Cobalt 27 Capital Corp said on Tuesday it has agreed to the worlds first cobalt-nickel streaming finance deal on a producing mine with an Australian miner as the industry looks to bolster supplies of the key battery metal.
Australia far-right party rejects proposed tax cut, adding to PM's woes
a political science professor at Flinders University in South Australia state. With just a razor thin majority Turnbull has been forced into a series of policies that he had previously opposed most notably a powerful inquiry into the countrys financial ...
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