AUD News 

Qantas, Virgin Australia get slots at Tokyo’s Haneda airport

“(Reuters) – Qantas Airways and Virgin Australia Holdings Ltd were awarded one slot each to operate flights at Tokyo’s Haneda Airport, according to a draft decision by Australia’s International Air Services Commission (IASC)” writes Midwest Communications Inc for 95kqds.com. The draft decision comes ahead of the 2020 Tokyo Olympic Games set to begin next summer. Source: 95kqds.com

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AUD News 

Australia unemployment rate dips, still long way to go

“That helped nudge the jobless rate down a tick to 5.2%, from a one-year peak of 5.3%, the first drop since February when it got as low as 4.9%” writes Midwest Communications Inc for 95kqds.com. Yet the jobless rate still remains well above the RBA’s aspirational goal of 4.5%, and further declines would likely be needed to lessen the case for more stimulus.”But employment surveys point to jobs growth slowing and we expect unemployment to reach 5.5% by early next year.”. “Almost all of the strength in employment growth over…

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AUD News 

Australia to help Solomons build security infrastructure project

“MELBOURNE (Reuters) – Australia will help the Solomon Islands build a border and patrol boat outpost, the prime ministers of the two countries said on Monday, as they hailed their security cooperation and friendship” writes Midwest Communications Inc for 95kqds.com. “Australia’s support for a border and patrol boat outpost will enhance infrastructure and security cooperation between our countries, and support Solomon Islands’ border security,” the leaders said, according to a joint statement released by the Australian prime minister’s media office. Source: 95kqds.com

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AUD News Oil 

Shell promotes Australia head to run global conventional oil, gas unit

“MELBOURNE (Reuters) – Royal Dutch Shell has promoted its current Australia chief, Zoe Yujnovich, to the role of executive vice president for conventional oil and gas from Jan. 1, based in the group’s headquarters in The Hague, Shell Australia said on Friday” writes Midwest Communications Inc for 95kqds.com. The current head of eastern Australian operations, Tony Nunan, has been promoted to succeed Yujnovich as country chair for Australia, Shell Australia said. “(Australia) is integral to our global strategy to lead in LNG and move into power to provide more and…

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AUD News Stocks 

Asia stocks set to slip as fresh trade concerns ramp up over EU tariffs

“Stocks in Asia traded lower Thursday morning on fresh trade concerns, with the U.S. announcing it’s set to slap tariffs on European Union goods” writes Eustance Huang for cnbc.com. The Nikkei 225 in Japan fell 1.75% in early trade, with shares of index heavyweights Fast Retailing, Softbank Group and Fanuc all dropping more than 1.5% each.The Topix index also slipped 1.69%.The heavily-weighted financial subindex fell more than 2%, with shares of the country’s so-called Big Four banks seeing declines: Australia and New Zealand Banking Group slipped 2.57%, Commonwealth Bank of…

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AUD News 

National Australia Bank’s customer remediation bill doubles to $1.4 billion

“The bank said it would disclose the impact to its core capital ratio when it announces full-year earnings on Nov. 7” writes Midwest Communications Inc for 95kqds.com. Its core capital ratio was 10.4% at June-end, meaning the new charge again puts pressure on the bank to ensure compliance.To ensure compliance with a regulatory requirement to have a core capital ratio of 10.5% by January 2020, NAB this year cut its dividend for the first time in a decade, by 16%. Source: 95kqds.com

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AUD News 

Australia Foreign Minister says helping White House probe in national interest

“SYDNEY (Reuters) – Australia’s offer to help U.S. President Donald Trump investigate a report into Russian interference in the 2016 presidential election was in the national interest, Australian Foreign Minister Marise Payne said on Wednesday” writes Midwest Communications Inc for 95kqds.com. “We are working in Australia’s interests and we are working with our closest and most important ally,” Payne told the Australian Broadcasting Corp. Source: 95kqds.com

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AUD Crypto News Platforms 

Crypto Exchange Helps Australians Diversify Their SMSF Retirement Funds

“Zebpay, an Australia-based crypto exchange, is offering a stress-free experience and a clutter-free interface” writes Connor Blenkinsop for cointelegraph.com. A crypto exchange says it has reached “dizzying heights” in the five years it has been in operation — attracting more than 3 million users and processing 2.9 billion Australian dollars ($2 billion) in fiat transactions.This approach is complemented by highly competitive exchange rates, meaning crypto enthusiasts can potentially save up to 1% when compared with rivals.The rest of 2019 has proved equally illustrious — and the cryptocurrency exchange has been…

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AUD GBP News 

Britain ‘will aim for freedom of movement deal with Australia’

“The proposal, which would allow British citizens to live and work in Australia visa-free, and vice-versa, was part of ongoing trade talks, she said” writes Kate Proctor for theguardian.com. Free movement between Australia and the UK would be explored by the government in “post-Brexit” business talks, Liz Truss, the international trade secretary, has announced.At a press conference with the Australian trade minister, Simon Birmingham, Truss was asked about a freedom of movement proposal.Yesterday, while on a trip to Australia, Truss told journalists in Canberra that securing a trade deal was…

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