Tag: Australia

Match Preview – Australia vs Pakistan, Pakistan in Australia 2023/24, 3rd Test
Sports

Match Preview – Australia vs Pakistan, Pakistan in Australia 2023/24, 3rd Test

Big picture: Series gone, but Pakistan have WTC points to play forIt's David Warner week at the SCG, but there might be a competitive Test match in store in Sydney if the pitch and the weather play ball.Pakistan gave Australia a true scare in Melbourne and save for a handful of unforced errors in the field, and if you side with Mohammad Hafeez, some "inconsistent umpiring" and DRS calls, they could have pulled off a Christmas miracle and beaten the home side.As it were, though, the match and the series were lost. But that does not mean that Sydney be a dull dead rubber. Vital World Test Championship [WTC] points aside, the two sides have history here. Pakistan should have won in 2010. Not unlike Melbourne last week, they somehow shot themselves in the foot to lose the unlosable Test match...
Australia’s Manufacturing Sector Likely on Track for a Soft Landing, PMI Data Shows
World

Australia’s Manufacturing Sector Likely on Track for a Soft Landing, PMI Data Shows

SYDNEY—A slowdown in Australia’s manufacturing sector continued through December, with activity contracting over the month as the broader economy lost momentum due to the impact of higher interest rates.Still, the rate of slowdown is consistent with a soft landing for manufacturers in 2024, according to Judo Bank.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Bill Granger, Beloved Australian Celebrity Chef, Dies At 54
Entertainment

Bill Granger, Beloved Australian Celebrity Chef, Dies At 54

Bill Granger, an Australian chef, restaurateur and food writer known for his elevated takes on breakfast fare, died on Christmas Day, his family announced Tuesday. He was 54.Granger died peacefully at a London hospital “with his wife Natalie Elliott and three daughters, Edie, Inès and Bunny, at his bedside,” according to a statement posted on Granger’s Instagram page. A cause of death was not provided.“He will be remembered as the ‘King of Breakfast’, for making unpretentious food into something special filled with sunshine and for spurring the growth of Australian informal and communal eating around the world,” the post said.“He will be deeply missed by all, with his loss most profoundly felt by his adored family, who are grateful for all the love and support that has been given.”Granger...
Mitsubishi UFJ Agrees to Buy Australia’s Link Administration
World

Mitsubishi UFJ Agrees to Buy Australia’s Link Administration

SYDNEY—Mitsubishi UFJ Financial Group agreed to buy Link Administration in a deal valuing the Australian financial technology company’s equity at 1.2 billion Australian dollars (US$800 million).Link on Monday said its board had unanimously recommended that shareholders vote in favor of the deal, in the absence of a superior proposal.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nick Kyrgios exclusive interview: ‘I feel more respected in the U.S. than Australia’
Sports

Nick Kyrgios exclusive interview: ‘I feel more respected in the U.S. than Australia’

Nick Kyrgios is having a filtered coffee over ice at a Venice breakfast joint. No food for him, though. He’s not a big breakfast guy anyway, and he is going on a hike in the mountains above Malibu later and doesn’t want to feel full. He’s been in Los Angeles for a month, doing some commentary at The Tennis Channel, filming interviews with a handful of other renegade athletes and celebrities for a new “video podcast”. Here in southern California, he can walk the streets of Venice, or along the promenade by the beach in Santa Monica, or show up at an LA Lakers NBA game without the hassles of his Australian homeland.“I don’t really go days here without people coming up, say hello, stuff like that,” he says, “but then, you know, they let you go about your business.”He also has another big pro...
Glynn’s Take: Squeeze on Australian Households Worse Than Thought
World

Glynn’s Take: Squeeze on Australian Households Worse Than Thought

Dec. 13, 2023 9:21 pm ET|WSJ ProSYDNEY—The squeeze on Australian household budgets appears much worse than thought, with a sharp surge in tax payments adding to the pain already being felt from soaring interest rates.For the Reserve Bank of Australia, which outwardly at least still appears hawkish, the pain being felt across suburbia looks set to quash any remaining thoughts of a further rise in interest rates next year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Financial Services Roundup: Market Talk
World

Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0348 GMT – Australia’s comparatively drier weather should help protect insurer profitability due to lower catastrophe costs, say Morgan Stanley analysts in a note. With rainfall in Australian capital cities at 10-year lows in the year to date, IAG and Suncorp are being set up to over-earn in FY 2024, MS says. History shows that a 2%-3% change in domestic motor vehicle insurance loss ratios is possible from an increase or reduction in rainfall, although this will also depend on how well insurers manage pricing versus claims inflation, says MS. At the same time, a new government reinsurance pool should protect insurers from Cyclone Jasper, and help them come in below the...
Australian Builders Reject Moves to Sting Foreign Investors in Housing
World

Australian Builders Reject Moves to Sting Foreign Investors in Housing

Updated Dec. 10, 2023 9:09 pm ETSYDNEY—Australian home builders have rejected federal government plans to sharply increase penalties on foreign investors in the housing market, saying the measures will further erode new home supply, not add to it.Treasurer Jim Chalmers announced Sunday that foreign investors who buy established homes will face a tripling in government fees, which will increase further if the home is left vacant.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8