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Latest Australia News

Broker of the month
Following on from consultations, ASIC has released its new regulatory framework for FFSPs providing financial services to Australian wholesale clients.
Australia appears to be getting on top of coronavirus with strict social distancing measures. But what is the economic impact of the virus on the country?
Reserve bank governor Philip Lowe says the latest coronavirus outbreak and other challenges could wreak more damage to the Australian economy than Sars.
The RBNZ will hold its first policy meeting of 2020 on Wednesday, announcing its decision at 01:00 GMT. What can AUDNZD  traders expect?
What events will drive the market this week? Stay updated as HYCM’s analyst has shared his insights on this weekly market overview.
AxiCorp prepares to appeal ASIC decision to suspend its AFS license as the Administrative Appeals Tribunal has granted the firm a stay of the suspension.
The Australian Government opens a consultation on certain recommendations. How does the government consult on ASIC info sharing in Australia?
In the first year of operation of the Australian Financial Complaints Authority, $ 185 million was awarded to consumers as compensation.
ASIC suspended KP International's AFS license until September 23, 2020. ASIC is concerned that KP International has not adequately addressed the systemic issues identified by the Financial Ombudsman Service.
In the Asian session, positive data from China and Australia saw the AUDUSD pair move slightly higher above 0.6827.