Australia
Australia watchdog orders audit of Airwallex on suspected compliance miss
The former has concerns that the fintech’s transaction monitoring programme is not attuned to the full range of risks it faces
Australia’s December unemployment rate drops to 7-month low as jobs jump
[SYDNEY] Australian employment blew past forecasts in December to more than offset a surprise fall the month before, while the unemployment rate dropped unexpectedly to a seven-month low in a sign the...
UOB’s Sydney branch prices A$2 billion in five-year notes
They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes
Australia faces ‘steep’ debt rise without budget cuts, OECD says
It is calling for an increase to levies on fuel and property, as well as a higher and broader consumption tax
Australia to buy back guns, toughen laws after Bondi massacre
There will be stricter checks on firearm licence applications
Major Australian pension fund trimming US dollar exposure on weakening outlook
[SYDNEY] Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors aroun...
UK mulls Australia-style ban on social media for children
[LONDON] Britain is considering a range of measures to better protect children online, including an Australian-style ban on social media for those below a certain age and tougher guidance for use of m...
Why are New Zealanders moving to Australia? More money, better vibes
Those relocating seen to have practical motives including higher salaries and better career advancement opportunities
Australia social media ban hits 4.7 million teen accounts in first month
The country’s regulator said the measure has had a swift and sweeping impact
Federer hopes ‘Sincaraz’ rivalry can thrill fans at Australian Open
Alcaraz is chasing his first title at Melbourne Park, while Sinner is targeting his third straight crown there
