The prudential regulator will strengthen its ability to safely resolve a future banking crisis, calling for banks to lift their “total loss absorbing capital” buffers by half to 4.5 per cent, to ensure depositors are […]
NSW Health Minister Brad Hazzard said there were no new cases of the omicron variant among the 271 cases reported in the state today. It means the total number of omicron cases reported in NSW […]
The Australian dollar regained some ground, but was still dangerously close to a one-year low after economic output for the September quarter contracted by far less than feared amid growing signs of recovery in activity […]
Lockdowns in Australia’s two largest cities caused the economy to contract 1.9 per cent in the September quarter, but despite being in the midst of a global pandemic GDP grew strongly through the year. The […]
NSW Premier Dominic Perrottet says Australia cannot hide from the omicron strain, as NSW is expected to record its sixth case of the variant. “We already have this variant in the community. If it wasn’t […]
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