Tags Australia

Tag: Australia

Australia’s Myer To Shut Down Stores in Sydney and Melbourne

SYDNEY, AUSTRALIA - Australia's largest department store group Myer is shutting down an outlet in Top Ryde City shopping center in Sydney as part...

Just Eat To Acquire Australian Rival Menulog Group for USD678 Million

SYDNEY, AUSTRALIA - Just Eat, the UK-headquartered online and mobile marketplace for takeaway food, is set to acquire its Australia and New Zealand rival...

Australia’s Honan Insurance Acquires Singapore’s MACS Insurance Brokers

SINGAPORE – Honan Insurance Group, an Australian based insurance and financial services broker with a strong presence in the Asia Pacific region, has acquired...

Reserve Bank of Australia Cuts Interest Rates to Record Low

SYDNEY - The Reserve Bank of Australia (RBA) has decided to lower interest rates to a record low of 2 percent as part of...

Gold Coast To Host Australian Tourism Exchange 2016

AUSTRALIA - Tourism Australia has announced that Queensland's Gold Coast will play host to the country’s largest annual tourism trade show - the Australian...

Aspen Re names Australia, Asia-Pacific Senior Underwriters

AUSTRALIA - Aspen Re is further boosting its presence in the Asia-Pacific region by poaching two senior executives from competitors. The reinsurance unit of Aspen...

Philippine Carrier Cebu Pacific Seeks To Expand Flight Frequencies To Australia

MANILA, PHILIPPINES - Low-cost Philippine carrier Cebu Pacific Air announces interest to further expand operations in Australia by seeking more seat entitlements in the...

Malaysia-bound Illegal Ivory Shipment Seized in Australia

AUSTRALIA - Australian authorities have intercepted a shipment of 110-kilogram of ivory bound for Malaysia, the Australian Customs and Border Protection Service (ACBPS) said. The...

John Knox is Credit Suisse’s New Australia CEO

International financial services group Credit Suisse Group announced the appointment of John Knox as its new Australia CEO effective 1 May. In a statement, the...

Reserve Bank of Australia Decides to Keep Cash Rate Steady at 2.25%

SYDNEY, AUSTRALIA - Australia’s central bank, the Reserve Bank of Australia (RBA), decided to keep its cash rate steady at a record low of...

NSW Central Coast Road Crash Kills Girl; 2 Kids in Critical Condition

AUSTRALIA - A two-car crash on Wyee Road, Doyalson on the NSW Central Coast killed an eight-year-old girl and critically injured two other kids,...

Asia’s Commercial Property Market Attracts US$6.16 Billion

Global investors paid a record US$6.16 billion for office spaces in Asia in the second quarter of this year, commercial real estate services firm...