Australasia

Australia shares drop on U.S.-China trade talk uncertainty; NZ down

07h51 Australian shares fell on Wednesday after U.S. President Donald Trump offered no new details on trade talks with China, leaving investors on edge over whether the two sides will be able to reach a. . .  Full story

NZ holds interest rates, clips doves' wings as kiwi soars

07h25 New Zealand's central bank surprised investors by holding interest rates at an all-time low of 1% on Wednesday saying it saw no urgency to ease policy further, sending the kiwi dollar sharply higher.. . .  Full story

Australian shares edge lower on trade uncertainties; NZ up

03h18 Australian shares slipped slightly on Wednesday amid thin volumes as a lack of details on the Sino-U.S. trade deal from U.S. President Donald Trump's much awaited speech overnight kept investors on the sidelines.. . .  Full story

Australian government extends offer to fund Genex's pumped hydro project

01h49 Australian power generation company Genex Power on Wednesday said the government's Northern Australia Infrastructure Facility (NAIF) has extended the date of its offer to fund the company's hydro project until June 30, 2020.. . .  Full story

Australian consumers turn slightly less gloomy in Nov -survey

01h42 Australian consumer sentiment rebounded somewhat in November after a gloomy turn in the previous month, with a key gauge showing a lighter mood on family finances and the economic outlook.. . .  Full story

Australia's CBA says wealth management, mortgage broking head to leave

01h31 Commonwealth Bank of Australia said on Wednesday the senior executive handling the now suspended sale of the group's wealth management and mortgage broking businesses will leave the bank early next year.. . .  Full story

Australia shares likely to open higher; NZ up

12/11 Australian shares are poised to open higher on Wednesday with higher iron ore prices expected to support gains among miners, while lack of details about the Sino-U.S. trade talks in U.S. President Donald Trump's. . .  Full story

Vietnam's coal, crude oil imports surge on rising energy demand

12/11 Vietnam's coal and crude oil imports surged in the first ten months of this year, government data released on Tuesday showed, highlighting the Southeast Asian country's increasing reliance on imported energy to support its fast-growing. . .  Full story

Australia shares dip as Trump fans trade talk uncertainty; NZ up

12/11 Australian shares slipped on Tuesday, with the financial sector leading losses, as appetite for riskier assets waned following U.S. President Donald Trump's comments over the weekend on the pace of trade negotiations with China.. . .  Full story

Australian shares dip on trade talk uncertainties; NZ edges higher

12/11 Australian shares fell on Tuesday, tracking losses on Wall Street, as comments by U.S. President Donald Trump over the weekend regarding trade talks with China dampened investor sentiment.. . .  Full story

Australian business activity improves modestly in Oct-survey

12/11 A closely watched measure of Australian business conditions edged higher in October as firms reported a much-needed pick up in sales, offering a hint of stabilisation after months of weakness.. . .  Full story

CBA quarterly profit slides amid record-low interest rates

12/11 Commonwealth Bank of Australia said margin pressure from record-low interest rates would persist as the country's biggest bank reported a near 10% drop in first-quarter cash profit on Tuesday.. . .  Full story

Australia's Incitec Pivot posts drop in annual profit due to extreme weather

12/11 Australia's Incitec Pivot Ltd on Tuesday posted a 27% drop in annual profit, hurt by a flood and rail outage in the Queensland state and higher gas costs.. . .  Full story

CBA's quarterly profit slides as record-low interest rates bite

11/11 Commonwealth Bank of Australia, the country's biggest lender, reported a near 10% drop in first-quarter cash profit on Tuesday, citing record-low interest rates.. . .  Full story

Australia shares set to open higher; NZ up

11/11 Australian shares are set to extend gains on Tuesday, with investor focus likely to be on the country's biggest lender Commonwealth Bank of Australia's first quarter results, while a drop in iron ore prices. . .  Full story

Australia shares buoyed by healthcare, energy; NZ up

11/11 Australian shares edged higher on Monday, helped by index heavyweight CSL Group's rise to a record high, following a broker upgrade, and Woodside Petroleum's climb to a three-month peak.. . .  Full story

Healthcare, trade hopes pull Australian stocks higher, NZ rises

11/11 Australian stocks tracked regional gains on Monday on optimism about U.S.-China trade talks progress, while domestic focus centred on healthcare after a reported broker upgrade on heavyweight CSL lifted the broader sector to record highs.. . .  Full story

New Zealand central bank seen cutting rates as economic growth slows

11/11 Most economists are expecting New Zealand's central bank to cut rates to a record low at its last monetary policy decision of the year on Wednesday after the bank signalled in recent months it. . .  Full story

Australia shares poised to open higher mirroring Wall Street; NZ edges higher

10/11 Australian shares are set to rise on Monday, tracking robust gains on Wall Street, as investors shrugged off worries about progress in Chinese-U.S. trade talks, after U.S. President Donald Trump contradicted reports about a rollback. . .  Full story

Top shareholder of Australia's Panoramic rejects 'opportunistic' IGO bid

08/11 Sydney-listed investment fund Zeta Resources Ltd on Friday said it did not intend to accept nickel miner Independence Group NL's (IGO) A$312 million ($214.6 million) takeover bid for Panoramic Resources Ltd.. . .  Full story

Australian shares steady as energy gains offset gold plunge; NZ up

08/11 Australian shares closed little changed on Friday, as gains in energy stocks offset a sell-off in gold miners after price of the precious metal slumped overnight.. . .  Full story

Australia central bank gives up on wage growth, open to further easing

08/11 Australia's central bank took a decidedly dovish turn on wage growth and inflation on Friday, forecasting the figures to stay lukewarm over the next two years and citing them as a major reason it. . .  Full story

Westpac CEO defends existing mortgage customer "loyalty tax"

08/11 Australia's Westpac Banking Corp on Friday defended an industry practice of discounting loans for new mortgage customers, which leaves existing customers paying what critics have termed a "loyalty tax" saying it aided competition.. . .  Full story

Australia's REA Group forecasts revenue boost from higher H2 property listings

08/11 Online real estate classifieds portal REA Group said the recovering Australian residential market would boost revenue in the second-half as its first-quarter profit fell 14%, sending its shares to almost three-month lows on Friday.. . .  Full story

Australian shares flat as gold miners slump, NZ rises

08/11 Australian shares were little changed in early Friday trade, as gains in the energy sector were outweighed by declines in resources stocks tracking weaker commodity prices.. . .  Full story

Moelis Australia boosts assets with shopping centre purchase

08/11 Investment bank Moelis Australia, backed by Singapore's SPH REIT, has agreed to buy a 50% stake in an Australian shopping centre for A$670 million ($462.23 million), boosting its funds under management to around A$4.7 billion.. . .  Full story

Australian shares poised to rise on trade optimism, NZ gains

07/11 Australian shares are expected to rise on Friday, tracking a rally in global equities, after China and the United States agreed to cancel tariffs in phases as part of the first phase of a. . .  Full story

REA Group says Australia's residential market still challenging, but recovering

07/11 Online real estate classifieds portal REA Group said on Friday the Australian residential market remains challenging, but there are signs of a recovery.. . .  Full story

Australia shares end 1% firmer on NAB, gold stocks; NZ gains

07/11 Australian shares ended higher on Thursday, as gains in gold stocks and a jump in the country's third-largest lender National Australia Bank offset losses among energy stocks.. . .  Full story

Australia's "Big Four" banks post second year of lower returns

07/11 Australia's four major banks reported a second consecutive year of lower returns, dragged down by hefty customer compensation bills following mis-selling scandals, greater competition and a low credit growth environment.. . .  Full story

Australia offers drought ravaged farmers up to $688 million in cheap loans

07/11 Australia will offer farmers hurt by drought up to A$1 billion ($688.10 million) in cheap loans, Prime Minister Scott Morrison said on Thursday, as the government seeks to curb rising discontent from rural voters.. . .  Full story

Banking stocks lift Australia market, NZ edges lower

07/11 Australian shares rose on Thursday as gains in financials, led by the country's third largest lender National Australia Bank, eclipsed losses in the mining and energy sectors.. . .  Full story

Australian shares set to rise on miners, NZ ticks up

06/11 Australian shares are likely to rise on Thursday, with the heavyweight mining stocks expected to benefit from firmer iron ore prices, although a report on a possible delay in the U.S.-China trade deal could. . .  Full story

Australia's South32 exits South Africa thermal coal business

06/11 Australia's South32 Ltd said on Wednesday it would sell its South Africa thermal coal business to Seriti Resources and two trusts for 100 million rand ($6.78 million) upfront and deferred payments. . .  Full story

Analysts cut Asian firms' 2019 profit outlook by smaller margin

06/11 Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed, as optimism for the Sino-U.S. trade deal soothed some nerves.. . .  Full story

Australia shares fall as gold miners tumble; NZ down

06/11 Australian shares closed lower on Wednesday, pressured by a drop in gold miners, while investors waited for progress on trade talks between the United States and China.. . .  Full story

Australia calls on China to finish anti-dumping probe on barley exports

06/11 China should finish its investigation into whether Australian barley suppliers dumped cheap imports into the country within months, in line with global trade rules, Australia's Minister for Trade Simon Birmingham said on Wednesday.. . .  Full story

Australian shares edge higher but gold stocks cap gains, NZ falls

06/11 Australian shares inched higher on Wednesday, helped by the banking and energy sectors, but gains were checked by a fall in gold stocks on renewed Sino-U.S. trade optimism.. . .  Full story

Lithium Australia's unit to supply recycled battery metals to S.Korean firm

06/11 Lithium Australia NL said its Envirostream Australia unit has agreed to supply South Korean firm SungEel HiTech with metals to make recycled batteries.. . .  Full story

Australia shares set to open higher, NZ market open delayed

05/11 Australian shares are poised to open higher on Wednesday, with energy stocks likely to gain on the back of a rally in oil prices, while firmer copper and iron ore prices are expected to. . .  Full story

Asian stocks' valuations hit 20-month high in Oct - Refinitiv data

05/11 Asian stocks saw a rise in valuations in October as equities surged on signs that Washington and Beijing were nearing a truce in their 16-month-long trade war amid upbeat third-quarter earnings by heavyweights.. . .  Full story

Australian shares end slightly higher as financials recover; NZ rises

05/11 Australian shares closed higher on Tuesday, as major financial stocks recovered after the central bank kept interest rates unchanged, though gains were capped due to losses in index heavyweight Westpac Banking Corp.. . .  Full story

Australia's c.bank holds rates, keeps door open to more stimulus as economy struggles

05/11 Australia's central bank held interest rates steady as expected on Tuesday as it gauged the impact of the three cuts already delivered this year, while leaving the door ajar for further stimulus if needed.. . .  Full story

Australian interest rate changes since 1990

05/11 The Reserve Bank of Australia left its cash rate at 0.75% on Tuesday, following its monthly policy meeting. The following is a chronology of the Reserve Bank of Australia's interest. . .  Full story

Australian shares tepid as Westpac Banking drags; NZ dips

05/11 Australian shares were subdued on Tuesday ahead of a central bank policy meeting, while losses in Westpac Banking Corp pressured the overall market after the lender flagged weak trading conditions following a lower annual profit.. . .  Full story

Australian trade minister arrives in China amid rising tensions

05/11 Australia's Minister for Trade, Simon Birmingham, on Tuesday became the highest-ranking Australian official to visit China in a year, as Canberra attempts to ensure that cooling diplomatic relations do not hinder trade.. . .  Full story

Australia's Westpac places shares at discount; stock marks biggest fall in a year

05/11 Australia's Westpac Banking Corp on Tuesday said it completed a discounted A$2 billion ($1.38 billion) equity placement, and its shares suffered their worst drop in nearly a year, also reflecting a 15% slide in. . .  Full story

Two Australian pension funds eye merger to form country's largest

05/11 Australian pension funds QSuper and Sunsuper are in early-stage discussions to merge and form the country's largest pension manager, as regulatory pressure drives consolidation in the industry, known locally as superannuation.. . .  Full story

Australia govt maintains RBA's 2-3% inflation target

04/11 The Australian government has decided not to change the framework governing how the Reserve Bank of Australia (RBA) sets monetary policy, saying consistency was needed at a time of global uncertainty.. . .  Full story

Australian shares set to extend gains on trade deal optimism, NZ up

04/11 Australian shares are set to open higher on Tuesday, tracking robust gains on Wall Street, fuelled by optimism about progress in U.S.-China trade negotiations. Markets will also focus on. . .  Full story

Australia rains: Dancing in the street, not so much down on the farm

04/11 The heaviest rains in years have fallen across parts of Australia's east coast, bringing relief to some struggling livestock farmers, although the showers are not likely to break a drought that has crippled the. . .  Full story

Australia's Westpac raising $1.7 bln as profit slumps, flags weak outlook

04/11 Westpac Banking Corp is looking to raise A$2.5 billion ($1.73 billion) from shareholders after reporting a 15% slide in full-year cash earnings, cutting its dividend for the first time in a decade and flagging. . .  Full story

Banks cap Australian shares after Westpac's results, NZ rises

04/11 Australian shares rose on Monday as signs of headway in Sino-U.S. trade talks supported risk appetite, but the heavyweight banking sector extended losses after weaker results from the country's second-largest lender, limiting gains for the. . .  Full story

Australia's Westpac looks to raise $1.7 bln as profit slumps 15%

03/11 Westpac Banking Corp reported a 15% drop in full-year cash earnings on Monday and said it was looking to raise A$2.5 billion ($1.73 billion) as Australia's No. 2 lender looks to beef up its. . .  Full story

Australian shares set to rise on signs of Sino-U.S. trade progress, NZ up

03/11 Australian shares are poised to open higher on Monday, tracking a surge in global equities and crude prices, after the United States and China signalled progress in trade talks and strong economic data from. . .  Full story

Perth Mint's Oct. silver sales hit 3-1/2-year peak, gold sales slip

01/11 The Perth Mint's silver product sales in October rose to their highest in more than three-and-a-half years, while gold sales fell, the refiner said on Friday. Silver coin sales rose. . .  Full story

Australian shares edge higher, but suffer first weekly loss in three

01/11 Australian shares ended higher on Friday, but a sell-off in banks this week dragged the benchmark to its first weekly loss in three.. . .  Full story

Australia's Macquarie posts record H1 on trading, asset management gains

01/11 Australian investment bank Macquarie Group Ltd posted a record first-half profit on Friday, driven by higher fees from its managed funds, but revealed a slump in traditional banking takings and forecast a weaker annual result.. . .  Full story

Australia c.bank to stay put in Nov, likely cut rates next year

01/11 Australia's central bank will likely hold its cash rate at a record low of 0.75% next week but cut at least once more early next year to help revive inflation and a slowing economy,. . .  Full story

Australia shares lead lower by banking sector; NZ down

01/11 Australian shares slipped on Friday, pulled lower by heavweight banking shares after disappointing financial results from Australia and New Zealand Banking Group .. . .  Full story

Australia home price revival accelerates, steepest gain since 2015

01/11 Australian home prices boasted their biggest monthly increase since mid-2015 in October as record-low interest rates and looser lending standards stoked demand in the hard-hit sector.. . .  Full story

Virgin Australia increases issue size of domestic notes offering

01/11 Virgin Australia Holdings Ltd said on Friday it had completed the bookbuild for its domestic notes offer, and had raised the issue size to A$325 million ($223.99 million) from A$150 million, citing strong support. . .  Full story

Battery materials maker Australian Mines' supply deal with S. Korean co terminated

31/10 Battery materials developer Australian Mines Ltd said on Friday a cobalt and nickel supply agreement with South Korean battery maker SK Innovation has been terminated.. . .  Full story

Australia shares set to fall amid mixed signals on trade deal, NZ slips

31/10 Australian shares are poised to open weaker on Friday, as conflicting signals surrounding the Sino-U.S. trade deal kept caution on the forefront. Bloomberg on Thursday reported Chinese officials have doubts about. . .  Full story

Banks, led by ANZ, pull Australian shares lower

31/10 A profit miss from Australia's fourth-largest lender pulled its peers and the country's benchmark index lower on Thursday, despite gains in markets across the rest of Asia after the U.S. Federal Reserve cut interest rates.. . .  Full story

Payment firm Tyro to brave Australia's tough IPO market before Christmas - sources

31/10 Australia's Tyro Payments is preparing to list in December and is seeking a valuation of more than A$1.5 billion ($1 billion), two people said, braving negative market sentiment following six initial public offering (IPO) cancellations. . .  Full story

Australia shares edge lower as ANZ, energy stocks drag; NZ slips

31/10 Australian shares inched lower on Thursday, dragged down by Australia and New Zealand Banking Group following weak results, while lower oil prices also weighed on the benchmark.. . .  Full story

Australia's Iluka Resources flags possible demerger of BHP royalties asset

31/10 Australia's Iluka Resources Ltd, the world's largest producer of zircon, said on Thursday it was considering a demerger of an asset that earns royalties from a BHP Group iron ore operation - Mining Area. . .  Full story

Australia's ANZ bank posts fall in H2 profit, expects recovery in mortgage demand

31/10 Australia and New Zealand Banking Group Ltd missed market expectations for second-half profit on Thursday amid record low interest rates and tough competition for home loans, but said it expected higher mortgage demand this fiscal. . .  Full story

Australia shares set to rise after Fed rate cut; NZ flat

30/10 Australian shares are set to open marginally higher on Thursday, after the U.S. Federal Reserve cut interest rates as expected but dashed hopes for further reductions. The Fed dropped a previous. . .  Full story

Australia's FAR says Senegal oil project to give company 13,670 barrels of oil/day

30/10 Australian oil and gas explorer FAR Ltd on Wednesday said the SNE oil project off Senegal will deliver the company 13,670 barrels of oil per day.. . .  Full story

Australia considers funding for rare earths projects - minister

30/10 Australia is considering underwriting loans to develop its reserves of critical minerals such as rare earths and is seeking partners with a large customer base like the United States, its resources minister said on Wednesday.. . .  Full story

Woolworths underpaid staff by up to $200 mln, fuels ire over Australian wage scandals

30/10 Woolworths Group Ltd said it had underpaid thousands of supermarket workers for years and will need to repay as much as A$300 million ($200 million), the latest and most high-profile company to be caught. . .  Full story

Senegal's SNE oil field project cost jumps 40% to $4.2 bln

30/10 Capital costs to develop the SNE oil field off Senegal have risen 40% to $4.2 billion, as the project partners have decided to buy rather than lease a ship for the project, Australia's FAR. . .  Full story

Australia's AGL agrees 15-year battery power supply deal with Maoneng

30/10 Australia's AGL Energy Ltd has agreed a 15-year deal to buy battery power from Maoneng Group to ensure supply and pricing security during peak periods, the companies said on Wednesday.. . .  Full story

Australia inflation cools in Q3, highlights challenge for RBA

30/10 Australian consumer prices cooled a notch last quarter, underscoring the challenge the country's central bank faces in bringing back inflation and interest rates to what is considered 'normal' levels.. . .  Full story

Australia shares slip, set to snap 7-day winning streak; NZ inches up

30/10 Australian shares slipped on Wednesday after a seven-session run of gains, led lower by miners, ahead of domestic inflation data due later in the day.. . .  Full story

Australia's Woolworths flags up to $206 mln charge for pending workers pay

29/10 Australia's Woolworths Group on Wednesday said it would compensate 5,700 salaried store team members and said the one-off impact from the remediation was estimated to be between A$200 million and A$300 million ($205.92 million).. . .  Full story

Australia shares set to open lower on subdued miners; NZ inches up

29/10 Australian shares are poised to open lower on Wednesday and snap a seven-day winning streak, with a drop in iron-ore and crude prices likely to put pressure on resource stocks.. . .  Full story

Australia's Bega Cheese shares melt as hot weather prompts profit warning

29/10 Australia's Bega Cheese Ltd warned on Tuesday that increased competition for milk supplies due to a prolonged drought would hit its 2020 earnings, sending the dairy product maker's shares to a six-year low.. . .  Full story

Australia's QMS Media gets Quadrant PE offer valuing it at $288 mln

29/10 Australian billboards operator QMS Media Ltd said on Tuesday it received a takeover offer from Sydney-based Quadrant Private Equity that values the company at A$420.6 million ($287.5 million).. . .  Full story

RBNZ assistant governor says bank's August cut will help lift inflation

28/10 Reserve Bank of New Zealand assistant governor Christian Hawkesby said on Tuesday the bank's surprise 50 basis point cut in August would lift inflation.. . .  Full story

Australia shares set to gain on rising trade optimism; NZ gains

28/10 Australian shares are set to rise on Tuesday, tracking robust gains on Wall Street fueled by rising hopes the United States and China may strike a trade deal soon, while expectations of a Federal. . .  Full story

Australian shares flat, resources offset losses in financials

28/10 Australian shares ended little changed on Monday, with the resource sector buoyed by expectations Washington and Beijing were close to finalising a trade deal, which helped outweigh weakness in financials.. . .  Full story

Onsite Rentals becomes latest casualty in Australia's tough IPO market

28/10 Australian industrial equipment contractor Onsite Rental on Monday decided to cancel its planned initial public offering (IPO), two sources familiar with the situation said, becoming the country's 6th aborted listing this month.. . .  Full story

In rare win for regulators, Australia's Westpac loses case over marketing cold calls

28/10 Westpac Banking Corp staff inappropriately gave personal financial advice when marketing pension funds, an Australian court said, overturning an earlier ruling in a rare win for regulators under pressure to crack down on misconduct in. . .  Full story

Australian financial regulator imposes additional conditions on IOOF unit

28/10 Australia's financial regulator said on Monday it has imposed additional licence conditions on the investment services unit of wealth manager IOOF Holdings Ltd .. . .  Full story

Australia shares set to open higher on China-U.S. trade progress hopes

27/10 Australian shares are set to open higher on Monday in line with Wall Street which soared to a near record high amid hopes that Washington and Beijing were moving towards finalizing parts of a. . .  Full story

Healthcare shares lift Australia market; NZ up, but faces big weekly loss

25/10 Healthcare stocks led gains in Australian shares on Friday after strong results from medical device-maker Resmed, while the broader market tracked overnight gains by most Wall Street indexes amid optimism over corporate earnings.. . .  Full story

Virgin Australia issues $425 mln notes to fund Velocity acquisition

25/10 Virgin Australia Holdings Ltd said on Friday it had priced $425 million of unsecured notes and planned to offer Australian dollar denominated notes in "the near term", both to fund the buyback of its. . .  Full story

Virgin Australia to issue $425 mln unsecured notes to fund Velocity acquisition

24/10 Virgin Australia Holdings Ltd on Friday priced a $425 million issue of unsecured notes, the proceeds of which will partly fund the proposed acquisition of 35% of its Velocity frequent flyer programme that it. . .  Full story

Australian shares to open higher tracking Wall St, NZ up

24/10 Australian shares were likely to begin trade higher on Friday, tracking a strong lead-in from Wall Street as a better-than-expected earnings season soothed some concerns over slowing corporate growth. The local. . .  Full story

Australian shares supported by energy, mining firms; NZ edges down

24/10 Australian shares advanced on Thursday supported by the resources sector thanks in part to sharp overnight gains in oil prices, while a mixed bag of corporate results lent an air of caution to the. . .  Full story

Malaysia works to resolve spat with India, hopes won't affect 16-nation trade deal

24/10 Malaysia is working to resolve a spat with India over Prime Minister Mahathir Mohamad's stance on Kashmir, and hoping that a 16-nation trade pact, which includes India, will be signed this year despite the. . .  Full story

Australian shares buoyed by resource stocks; NZ inches up

24/10 Australian shares rose on Thursday, underpinned by resource stocks tracking higher commodity prices, as signs of robust oil demand in the United States helped ease some concerns over slowing global growth.. . .  Full story

Australia govt debt sale fails to draw enough bids, in rare miss

24/10 An auction of short-term Australian government debt on Thursday failed to draw enough bids to sell all the notes on offer, a rare miss that has not happened since 2002.. . .  Full story

Australia's AMP sees record outflows, doubles estimate of pension client exits

24/10 AMP Ltd posted record third-quarter outflows in its Australian wealth management unit and doubled its estimated loss of major pension contracts to A$1.4 billion, as a client exodus after misconduct revelations gathers pace.. . .  Full story

Australia's Galaxy Resources to cut lithium production

24/10 Australian lithium miner Galaxy Resources Ltd said on Thursday it will scale back operations at its Mt Cattlin mine, as the sector faces pressure from weak pricing and lower than expected demand from China.. . .  Full story

Australian shares eye stronger open on miners; NZ flat

23/10 Australian shares were likely to open higher on Thursday with heavyweight mining stocks set to gain on robust commodity prices, while strength in Wall Street was also expected to carry over.. . .  Full story

Chinese businessman blames Australia tax probe on politics

23/10 A prominent Chinese businessman and Australian political donor has dismissed an investigation by Australia's tax authorities into his assets as politically motivated.. . .  Full story

Westpac says remediation costs to take $233-mln bite out of H2 earnings

23/10 Australia's No. 2 lender Westpac Banking Corp on Wednesday said its cash earnings in the second half of 2019 would be reduced by about A$341 million ($233 million) due to customer remediation programmes.. . .  Full story

PropertyGuru To Not Proceed With ASX IPO

23/10 PropertyGuru Group:. . .  Full story