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☆ Australia Voice referendum: Voters urged to 'choose love' as polls show referendum poised to fail
  + stars: | 2023-10-13 | by ( Hilary Whiteman | ) edition.cnn.com   time to read: +6 min
A No campaign worker hands out leaflets outside an early voting center on October 4, in Ballina, Australia. “But it’s also about love of ourselves, whether we have the courage to love what Australia is. Lisa Maree Williams/Getty ImagesNo love for Yes campaignHowever, a leading No campaigner mocked Pearson’s speech, accusing the Yes campaign of promoting empty slogans. “The Yes campaign, it’s the vibe. If the referendum fails, Albanese said he will respect the democratic vote of the nation and won’t legislate a Voice to Parliament.
Persons: Anthony Albanese, –, James D, Morgan, Albanese, Stringer, ” Albanese, it’s, Noel Pearson, ”, Pearson, Amar Singh, Rachel Perkins, Lisa Maree Williams, they’ve …, Nyunggai Warren Mundine, Mundine, “, you’ve, ’ ”, there’ll, we’ve, ” Mundine, “ We’re Organizations: Australia CNN, Nations, Aboriginal, Torres Strait Islanders, Voice, Australian, Getty, National Press Club, Australian Broadcasting, Indigenous Locations: Brisbane, Australia, Ballina, Uluru, AFP, Sydney
☆ Dollar, yen gain on flight to safety as Hamas attack rattles nerves
  + stars: | 2023-10-09 | by ( ) www.cnbc.com   time to read: +2 min
The safe-haven dollar and Japanese yen edged higher on Monday as violence in the Middle East spooked markets, while a blowout U.S. jobs report gave the greenback a further leg up. The risk-sensitive Australian and New Zealand dollars meanwhile fell in thinned Asian trade, with Japan closed for a holiday. Against the euro, the yen rose more than 0.3% to 157.55, while the Aussie fell roughly 0.7% at one point to hit a session-low of 94.84 yen . Against the dollar, the euro fell 0.2% to $1.0565, while sterling slipped 0.1% to $1.2218. The offshore yuan dipped slightly to last trade at 7.3123 per dollar.
Persons: Tony Sycamore Organizations: New, IG Australia, Federal Reserve Locations: East, New Zealand, Japan, Israel, Wells Fargo, Asia, China
☆ Australia first-quarter business investment hits 7-year high, outlook solid
  + stars: | 2023-06-01 | by ( ) www.reuters.com   time to read: +2 min
[1/4] Pedestrians walk in front of a crane and scaffolding on a construction site in central Sydney, Australia, May 31, 2018. REUTERS/David GraySYDNEY, June 1 (Reuters) - Australian business investment rose to a seven-year high in the first quarter, helped by a jump in spending on mining, manufacturing and transport, while firms affirmed plans for solid spending in the year ahead. First-quarter investment by Australia's huge mining sector climbed 1.7%, accelerating from a rise of 0.7% in the previous quarter. The capital spending figures will feed into data on gross domestic product (GDP) due next week. Construction work done came in better-than-expected, although residential building remained soft, likely making a flat contribution to Q1 GDP growth.
Persons: David Gray SYDNEY, Sean Langcake, Stella Qiu, Jacqueline Wong, Edwina Gibbs Organizations: REUTERS, Australian Bureau, Statistics, Oxford Economics Australia, Reserve Bank of Australia, Thomson Locations: Sydney, Australia
☆ Australia's biggest pension funds cut China exposure, buy fossil fuels
  + stars: | 2023-03-30 | by ( Lewis Jackson | ) www.reuters.com   time to read: +3 min
SYDNEY, March 30 (Reuters) - Two of Australia's largest pension funds pulled money out of Chinese stocks and boosted positions in the country's fossil fuel sector in the final six months of 2022, according to filings published on Thursday. Both funds collectively increased their shareholdings in Woodside Energy Group (WDS.AX), Australia's largest independent natural gas producer, by roughly 14 million shares. The disclosures come just days after activist investors accused the big Australian pension funds of failing to push fossil fuel producers like Woodside hard enough to decarbonise. The figures reveal pension funds pulling back from China during the back half of 2022, a time when investors across the developed world were reconsidering exposure to a country still subject to strict COVID lockdowns. Aware Super said in a statement it had a "relatively small exposure" to China mostly via external managers.
☆ Australia's Latitude at all-time low on more evidence of large-scale data theft
  + stars: | 2023-03-22 | by ( Upasana Singh Navya Mittal | Upasana Singh | Navya Mittal | ) www.reuters.com   time to read: +2 min
SummarySummary Companies Latitude marks worst intraday dropLatitude among latest in slew of corporate cyberattacks in AustraliaMarch 22 (Reuters) - Shares of Latitude Group Holdings (LFS.AX) slumped to their all-time low on Wednesday after the fintech firm unearthed further evidence of large-scale information theft affecting former and current customers across Australia and New Zealand. Latitude said it was attempting to identify the number of customers affected and the type of personal information stolen by the hacker. Latitude had said last week that personal information of around 328,000 customers, including copies of drivers' licences, was stolen. It took its platforms offline on Monday and said the Australian Federal Police and the Australian Cyber Security Centre were looking into the attack. Latitude GroupReporting by Upasana Singh in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
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