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Australia

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Client exodus from PwC Australia grows as $48 billion pension fund pauses work

The Cheap InvestorJune 7, 2023June 7, 20230

By Lewis Jackson SYDNEY (Reuters) – HESTA, one of Australia’s largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC)…

  • Asia
  • Australia

Australia Q1 GDP growth hits weakest pace in 1-1/2 years as consumers struggle

The Cheap InvestorJune 6, 2023June 6, 20230

SYDNEY (Reuters) – Australia’s economy grew at the weakest pace in 1-1/2 years last quarter as high prices and rising…

  • Asia
  • Australia

Australia’s Estia Health soars on sweetened $552 million bid from Bain Capital

The Cheap InvestorJune 6, 2023June 6, 20230

(Reuters) -Australia’s Estia Health on Wednesday said it intended to back Bain Capital’s sweetened takeover offer that valued the aged-care…

  • Asia
  • Australia

Marketmind: Nervous eyes on China trade

The Cheap InvestorJune 6, 2023June 6, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade figures…

  • Asia
  • Australia

Greenback gains, Aussie jumps on RBA rate hike

The Cheap InvestorJune 6, 2023June 6, 20230

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained against the euro and yen on Tuesday as investors…

  • Asia
  • Australia

Stocks edge up as Aussie hike provides rates reminder

The Cheap InvestorJune 6, 2023June 6, 20230

By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) – World shares edged higher on Tuesday as investors mulled…

  • Asia
  • Australia

Australia cenbank warns of more hikes ahead after raising rates to 11-yr high

The Cheap InvestorJune 6, 2023June 6, 20230

By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high,…

  • Asia
  • Australia

Global housing outlook brightens despite pressure from higher rates: Reuters poll

The Cheap InvestorJune 6, 2023June 6, 20230

By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – The outlook for most major housing markets has improved slightly from…

  • Asia
  • Australia

Chevron produces first gas from Gorgon Stage 2 development off Western Australia

The Cheap InvestorJune 6, 2023June 6, 20230

SINGAPORE (Reuters) – Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off…

  • Asia
  • Australia

Australian lender Westpac to raise interest rates after cenbank hike

The Cheap InvestorJune 6, 2023June 6, 20230

(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest…

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