Posts Tagged ‘Australia’

Morrison: Move to block CK deal isn’t the norm

CANBERRA • Prime Minister Scott Morrison (picture) defended a move to block Hong Kong-listed CK Group’s A$13 billion (RM39.39 billion) bid for an ...

Capital flows and regulatory arbitrage

EVENTS earlier in the year in Australia show the extent to which cross-border capital flows can arbitrage regulatory hurdles. It appears that in an ...

Australia set to nix CK’s RM39b pipeline bid on national security

By BLOOMBERG
CANBERRA • CK Group’s A$13 billion (RM39.14 billion) bid for gas pipeline operator APA Group was knocked back by Australia’s government on ...

Australia sees faster growth, fewer jobless as key rate held

As economic growth strengthens and unemployment falls, progress will gradually be made on inflation
By BLOOMBERG SYDNEY • ...

ANZ profit falls on misconduct charges, housing caution

Sydney • The cost of cleaning up from years of bad behaviour and a slowing housing market have crunched earnings at Australia & New Zealand Banking ...

Australian household debt at risk, says Morgan Stanley

By BLOOMBERG
FRANKFURT • Australia’s economy is most at risk in the developed world from household debt reduction because of weak house prices and ...

Australia foresees weaker house prices

By BLOOMBERG
SYDNEY • Australia is likely to see weaker property prices and diminished productivity under policy proposals by the Opposition Labor ...

Australia vows to see out term after poll blow

By BLOOMBERG
CANBERRA • Australia’s government said it will see out its full term after suffering a voter backlash in a special election in Sydney on ...

Press Metal bid to access Australia’s Worsley project

by TMR

Press Metal Aluminium Holdings Bhd intends to purchase a 50% stake in Japan Alumina Associates (Australia) Pty Ltd (JAA) for RM738.97 ...

Want to move to Australia? Don’t bet on Sydney, Melbourne

By BLOOMBERG
CANBERRA • New migrants wanting to settle in Australia may soon face a big condition on their stay: Sydney and Melbourne will be off ...

China’s investment in Aussie falls 40%

By BLOOMBERG
CANBERRA • Chinese investment in Australia plunged 40% in 2017 from the year before, according to research released yesterday. After ...

Legal workers still face trying times Down Under

Malaysians made up the largest number of people overstaying in Australia in 2018, according to statistics
By LYDIA NATHAN / Pic By ...