Search Results for: Australia
The Reserve Bank of Australia decided to lower the cash rate by 25 basis points
August 2nd, 2016
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded ...
S&P downgrades Australia’s credit on deficit worries
July 7th, 2016
Global ratings agency Standard & Poor’s downgraded Australia’s sovereign credit rating outlook to AAA negative from AAA stable on Thursday, warning that the country’s path back to budget surpluses is in danger. “We are revising the rating outlook on ...
Reserve Bank of Australia decided to leave the cash rate unchanged
July 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
Australia has sold $22 million worth of seized bitcoins in a global auction
June 29th, 2016
Australia has sold $22 million worth of bitcoins seized as the proceeds of crime in a global auction. Ernst and Young transactions partner Adam Nikitins said multiple bidders claimed 24,518 units of the digital currency during the auction, which ...
Australian large law firms: Partner numbers shrink as clients cut back
June 27th, 2016
This year’s Australian Financial Review Law Partnership survey has revealed spiralling partnership numbers. Among the large law firms, Norton Rose Fulbright had the highest proportion of partner turnover, followed by Ashurst and Gadens. NRF lost 22 partners, replenished by ...
Latest on IronFX Australia acquisition: Nukkleus reports for the acquisition of the 9.9% of IronFX Global’s parent company and of the 100% acquisition of IronFX Australia
June 8th, 2016
Nukkleus announced that it has initially obtained a 9.9% shareholder stake in IBIH Limited (“IBIH”) the parent company of the IronFX Global Group (“IronFX”), and has also acquired 100% of an Australian regulated entity formerly owned by IBIH. Nukkleus ...
Reserve Bank of Australia leaves the cash rate unchanged at 1.75%
June 7th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, ...
SEC released: Nukkleus Inc. acquired 9.9% of IBIH Limited and 100% of Iron Australia
June 6th, 2016
The Securities and Exchange Commision (SEC) USA has issued today a press release in relation to the announcement of Nukkleus Inc. for the acquistion from IBIH 2,200 shares of capital stock of IBIH, representing 9.9% of the issued and ...
Bitcoin to be sold in Australian newsstands over the counter
June 3rd, 2016
Australians will soon be able to buy some Bitcoin along with the newspaper and a pack of gum. Launching Thursday, a new initiative will help people buy Bitcoin with cash at around 1,200 newsagents nationally, Fairfax Media reported. The ...
The CIO of Australian law firm Allens bets on Australian legal sector AI boom
June 2nd, 2016
The chief information officer at Australian law firm Allens believes that the rise of AI at large law firms in the country is fast approaching, but is sceptical that such technology will replace human jobs. In an interview withiTnews, ...
