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Compromise possible on company tax cuts

Posted on31 Jul 2018
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Compromise possible on company tax cuts The Turnbull government is splintering over its all-or-nothing approach to company tax cuts and may compromise by excluding the nation's largest businesses, including banks.

Australia says US, Japan partnership doesn't challenge China

Posted on31 Jul 2018
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Australia says US, Japan partnership doesn't challenge China An Australian minister said on Tuesday a new infrastructure partnership with the United States and Japan does not challenge growing Chinese investment in the Indo-Pacific region.

Huawei executive warns Australia risks economy with 5G ban

Posted on28 Jun 2018
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Huawei executive warns Australia risks economy with 5G ban Australia could damage its economic future if it bans Huawei from the nation’s next-generation mobile network technology, the Chinese telecommunication giant’s Australian boss said on Wednesday. Australia barred Huawei, the world’s largest ...

Leading economist warns of 'mini domestic financial crisis' as bank values plummet

Posted on18 Jun 2018
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Leading economist warns of 'mini domestic financial crisis' as bank values plummet Yes, it is another economist warning about impending doom. Independent economic research house Capital Economics is now saying there's a credible risk of an economic scenario no one wants to see — an Australian ...

Will Australia die by the Chinese sword?

Posted on07 Jun 2018
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Will Australia die by the Chinese sword? LIVE by the sword, die by the sword. That’s what they say. In Australia’s case, the sword we’ve lived by has been China. The world’s biggest country has grown rich by feeding on our steel and coal, and we have grown rich alongside it..

Deutsche Bank Australia starts axing equities, trading staff

Posted on29 May 2018
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Deutsche Bank Australia starts axing equities, trading staff The Australian Financial Review foreshadowed that local Deutsche director and derivatives trading boss Thomas Ciszewski and cash trading colleague Richard Bao are among the four departures. The other exits included a derivative sales ...

A “perfect storm” sets off a compliance rush in Australia’s finance industry

Posted on23 May 2018
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A “perfect storm” sets off a compliance rush in Australia’s finance industry Financial institutions in Australia are working overtime to sharpen compliance programmes as the country plans to crack down on white-collar crime and scrutiny on the banking sector intensifies.

Open banking in Australia to be phased in from July 2019

Posted on15 May 2018
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Open banking in Australia to be phased in from July 2019 The Australian government confirmed the plans in response to recommendations made following an independent review published earlier this year.

Australia plots early return to surplus by defying global forces

Posted on08 May 2018
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Australia plots early return to surplus by defying global forces Australia’s government will balance its books earlier than expected thanks to a revenue windfall ahead of a looming general election.

Why China no longer trusts Australia

Posted on01 May 2018
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Why China no longer trusts Australia OUR relations with China are under increasing strain and a former Australian ambassador to Beijing has given a brutal explanation of the tension.

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