Wealth Growth Daily

Australia

Australia’s central bank owes underpaid workers over $770,000

BY Reuters  • June 14, 2023June 14, 2023
SYDNEY (Reuters) – Australia’s central bank will pay out just over A$1 million in back pay after an internal review found on Wednesday the bank had systematically underpaid more than a tho[...]
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Asia Australia Business

New Zealand must free up land, expand housing supply to ease home affordability – IMF

BY Reuters  • June 14, 2023June 14, 2023
By Lucy Craymer WELLINGTON (Reuters) – New Zealand needs to keep increasing the supply of houses to address housing affordability, which is still a concern, the International Monetary Fund said[...]
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Asia Australia Business Economy

Australia’s ANZ looks to expand lending to critical minerals sector

BY Reuters  • June 14, 2023June 14, 2023
By Melanie Burton MELBOURNE (Reuters) – Australian lender ANZ Group is looking at opportunities to invest more in the critical minerals sector as part of its efforts to support decarbonisation a[...]
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Asia Australia Business Economy

Macquarie picks up majority stake in Coastal Waste & Recycling

BY Reuters  • June 13, 2023June 13, 2023
By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, the[...]
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Asia Australia Business Economy Updated

Dollar skids to three-week low as US inflation data reinforces Fed pause view

BY Reuters  • June 13, 2023June 13, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than two years, cementi[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Stocks jump, dollar eases as inflation data suggests Fed pause

BY Reuters  • June 13, 2023June 13, 2023
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal[...]
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Asia Australia Business Economy Europe Top News Updated US

EV charging body says Tesla’s charger connector is not standardized yet

BY Reuters  • June 13, 2023June 13, 2023
(Reuters) – CharIN, the industry body promoting the Combined Charging System (CCS) standard to power electric vehicles, said on Monday Tesla’s charging model is not a standard yet and does[...]
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Asia Australia Business Technology Updated US

Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

BY Reuters  • June 13, 2023June 13, 2023
By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and its construction and supply arm in Australia, sending its s[...]
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Asia Australia Business Economy Europe

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

BY Reuters  • June 13, 2023June 13, 2023
(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local iron ore rail car manufacturing and bearing maintenance to the Pilbara r[...]
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Asia Australia Business Economy
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