Welcome!
Australia
Company in the news
CapitaLand Investment sets $1 bil profit target, plans new REITs
On CLI's Investor Day, management announced a $1 bil earnings target, coupled with new focuses outside of China, including Australia.
2 days ago
Banking & finance
UBS looks to rich women after long Australian wealth hiatus
Among the fastest newcomers to the high-net-worth category are women and not-for-profits. Both have gone from “niche a couple of years ago and now are a huge opportunity”.
2 days ago
Company in the news
Following CLI's investor day, Aussie press carries story on CLI acquiring Wingate
Aussie press carries story on CLI planning to acquire Wingate after the latter was mention on CLI's Investor Day.
2 days ago
Tech
Australian government drops bill on social media misinformation
The Communications Legislation Amendment Bill, which aimed to combat harmful content on digital platforms, was criticised by the opposition as an attempt to suppress free speech.
3 days ago
Global Economy
Australia plans pension reforms to manage wave of retirees
The changes include giving Australians access to more online resources and information about their retirement options, and better retirement products
8 days ago
Global Economy
Goldman cuts Australia economic outlook on Trump tariff impact
Australia’s growth has slowed to a crawl this year as elevated interest rates — currently at a 13-year high of 4.35% — have hurt consumer spending.
10 days ago
Broker's Calls
DBS keeps 'buy' on Singtel following A$12 million fine for service break in Australia last year
No further regulatory actions are expected on this issue, which DBS calls a 'relief'
19 days ago
Broker's Calls
OCBC, UOB Kay Hian maintains call on SingPost, CGS International trims target price
SingPost's 1HFY2025 numbers improved but fell short of expectations due to higher interest costs
21 days ago
Broker's Calls
Citi Research keeps 'buy' on Singtel following allegations of 'unconscionable' selling
In a 2021 precedence by Telstra, it was fined a 'manageable' A$50 million fine
24 days ago
Jobs
Australians can legally ignore work calls, emails after hours
Australia follows nations such as France, Spain and Belgium in introducing right to disconnect laws.
August 26, 2024