Australia

Australian Q2 GDP growth higher than expected at 0.4%

Quarterly data surprised on the upside but GDP has fallen to 2.1% on an annualised basis and the nation is technically in a 'per capita' recession.

Lachlan Colquhoun Wed, 06 Sep 2023

Australia

Rates on hold at RBA as inflation 'peaks'

Inflation is at 4.9% and is expected to be in the RBA target range of 2-3% by 2025.

Lachlan Colquhoun Tue, 05 Sep 2023

Australia

ASIC sues Westpac over customer hardship failures

The regulator said the bank’s IT systems failed to give a consolidated view of customers, resulting in delays and miscommunication.

Lachlan Colquhoun Tue, 05 Sep 2023

Australia

Qantas chief Alan Joyce resigns

Joyce’s immediate departure follows a ‘mea culpa’ from the Qantas board yesterday

Lachlan Colquhoun Tue, 05 Sep 2023

Australia

Qantas issues ‘mea culpa’ over cancelled flights

The airline concedes its reputation has been ‘hard hit’.

Lachlan Colquhoun Mon, 04 Sep 2023

Australia

Revenue up 11% at PwC Australia but tough days ahead

The financial results were the last it will report with a contribution from the Government division, which delivered 20% of revenue.

Lachlan Colquhoun Mon, 04 Sep 2023

Australia

ACCC takes Qantas to court over cancelled flights

Controversy over the cancelled flights clouds the good news on the airline’s bumper A$1.74b profit.

Lachlan Colquhoun Thu, 31 Aug 2023

Australia

Australia set for Oct 14 vote on indigenous ‘Voice’

Opinion polls suggest declining support for the ‘Yes’ case.

Lachlan Colquhoun Wed, 30 Aug 2023

Australia

ANZ appeals ruling on Suncorp merger

Analysts say ANZ has a slim chance of success, and that regulators would prefer a deal between smaller regional banks.

Lachlan Colquhoun Mon, 28 Aug 2023

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Australia

Aussie telco Optus cops A$100m penalty for gouging customers

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Telcos pushed to provide better mobile coverage maps, exit rights

Aussie supermarkets could face A$4b fines under mandatory code

Optus chief Bayer Rosmarin resigns after nationwide outage

Optus outage causes chaos in Australia

Australian Q2 GDP growth higher than expected at 0.4%

Rates on hold at RBA as inflation 'peaks'

ASIC sues Westpac over customer hardship failures

Qantas chief Alan Joyce resigns

Qantas issues ‘mea culpa’ over cancelled flights

Revenue up 11% at PwC Australia but tough days ahead

ACCC takes Qantas to court over cancelled flights

Australia set for Oct 14 vote on indigenous ‘Voice’

ANZ appeals ruling on Suncorp merger

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