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Australia shares flirt with record high as banks, oil and gas rally

CORRECTED-Australia shares flirt with record high as banks, oil and gas rally Corrects closing figures throughout to account for adjustment after normal trading hours and to dropped word "Reserve" in paragraph 4 By Rishav Chatterjee and Nichiket Sunil Nov 22 (Reuters) - Australian shares jumped to close just shy of a record high on Friday, led by a rally in heavyweight financials and energy stocks, while investors keenly awaited the country's key inflation figures next week to gauge the monetary
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Westpac Says Issue Of $1.5 Bln 5.618% Subordinated Notes Due 2035

BRIEF-Westpac Says Issue Of $1.5 Bln 5.618% Subordinated Notes Due 2035 Nov 21 (Reuters) - Westpac Banking WBC.AX : ISSUE OF US$1.5 BILLION 5.618% SUBORDINATED NOTES DUE 2035 Further company coverage: WBC.AX
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Australian shares slip off record high on Russia-Ukraine concerns

Australian shares slip off record high on Russia-Ukraine concerns Banks, energy stocks weigh on benchmark Miners end lower after three days of gains Gold stocks at highest level since Nov 11 By Roshan Thomas Nov 20 (Reuters) - Australian shares pulled back on Wednesday from a record high hit in the last session, as losses in banks eclipsed gains in gold miners, while investors fretted over an escalation in the Ukraine-Russia war and caution set in ahead of Nvidia's results.
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Top Aussie banks join hands to combat fraud and scam in banking payments

Top Aussie banks join hands to combat fraud and scam in banking payments Nov 20 (Reuters) - Major Australian banks have partnered with BioCatch in launching a pilot of an anti-scam project, aimed at reducing frauds in banking payments, the Israeli digital fraud detection startup said on Wednesday. BioCatch Trust™ Australia, a pilot of the world's first inter-bank, behavior- and device-based, fraud and scams intelligence-sharing network, would be used to scrutinize whether the customers of Comm
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Aussie banks at record high after cenbank hints at retaining key rates

BUZZ-Aussie banks at record high after cenbank hints at retaining key rates Nov 19 (Reuters) - ** Australian banks .AXFJ rise as much as 1.2% to record high of 8,982 points ** Reserve Bank of Australia hints at keeping interest rates steady ** Says there's no immediate need to change rates, as it closely monitors the inflationary environment ** Lar
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Australia regulator sues NAB for ignoring hardship application deadlines

UPDATE 2-Australia regulator sues NAB for ignoring hardship application deadlines Adds shares in paragraph 2, ASIC quote in paragraphs 5,9, context in paragraphs 8-11 Nov 18 (Reuters) - Australia's corporate watchdog on Monday launched civil penalty proceedings against National Australia Bank NAB.AX , the country's second-largest lender, for failing to respond to hundreds of financial hardship applications within the legally mandated time frame.
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Banks flood US debt market in biggest single-day raise since 2016, BMO says

Banks flood US debt market in biggest single-day raise since 2016, BMO says By Matt Tracy Nov 13 (Reuters) - Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016, as they anticipate potentially higher interest rates next year. The $23.5 billion in debt issued by financial institutions accounted for 78% of Tuesday's total $30.15 billion in high-grade bond sales, which was the fifth-
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Australia Q3 wages rise at the slowest pace since late 2022

UPDATE 1-Australia Q3 wages rise at the slowest pace since late 2022 Updates with background, quotes from an economist SYDNEY, Nov 13 (Reuters) - Australian wages rose at the slowest annual pace since late 2022 in the third quarter amid an influx of new workers and an easing in inflation, adding marginally to the case for an eventual cut in interest rates.
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Australia shares fall 1% on commodity declines, CBA posts slightly better profit

Australia shares fall 1% on commodity declines, CBA posts slightly better profit Nov 13 (Reuters) - Australian shares fell on Wednesday for the third consecutive session, with the mining and financial sectors declining the most, and the country's number one bank fell after it reported earnings. The S&P/ASX 200 index .AXJO fell as much as 1.2% to 8,157.30 points by 2345 GMT, with most sectors trading in the red.
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Australia Oct business sentiment highest in nearly two years, NAB survey shows

Australia Oct business sentiment highest in nearly two years, NAB survey shows SYDNEY, Nov 12 (Reuters) - Australian business confidence rebounded to its highest in almost two years in October as sales proved resilient and pressure on input costs eased, a survey showed on Tuesday. The survey from National Australia Bank (NAB) showed its index of business conditions held at +7 in October.
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Australian consumer sentiment jumps for second month in Nov

Australian consumer sentiment jumps for second month in Nov SYDNEY, Nov 12 (Reuters) - Australian consumer sentiment rose sharply in November for a second straight month, reaching a 2-1/2-year high w ith the mood on the economy and finances finally turning optimistic, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment rose 5.3% in November from October, when it jumped 6.2%.
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Miners drag Australian shares lower on weak China economic outlook

Miners drag Australian shares lower on weak China economic outlook Updates to close ASX 200 snaps three-day winning streak Mining stocks at over 1-month low IT stocks hit record high By Sneha Kumar Nov 11 (Reuters) - Australian shares snapped a three-session winning streak to decline on Monday, weighed down by miners as iron ore prices faltered on bleak economic outlook in China.
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Australian shares muted as commodity stock losses offset gains in financials

Australian shares muted as commodity stock losses offset gains in financials Nov 11 (Reuters) - Australian shares were largely muted on Monday, as gains in financial stocks were countered by losses in commodity stocks, while investors exercised caution ahead of the local jobs data due later in the week. The S&P/ASX 200 index .AXJO was down 0.2% at 8,272.4, as of 0012 GMT.
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Australian lender ANZ's annual profit shrinks as late repayments rise

UPDATE 5-Australian lender ANZ's annual profit shrinks as late repayments rise FY24 cash profit down 9%, misses consensus view Final dividend 83 Australian cents per share Higher interest rates impacting customers - CEO Shares up 0.6% midsession, reversing earlier losses Writes through, with updated CEO quotes in paragraphs 6-7, 13-16 By Byron Kaye and Sameer Manekar SYDNEY, Nov 8 (Reuters) - ANZ ANZ.AX , Australia's No.
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Australian shares end higher as energy stocks jump; cenbank assesses US election results

Australian shares end higher as energy stocks jump; cenbank assesses US election results Gold stocks drop 6.2%, real estate index falls 2.1% Energy stocks jump 2.3%, financials gain 0.8% New Zealand equities shed 0.6% Updates to close By Ayushman Ojha Nov 7 (Reuters) - Australian shares ended slightly higher after a volatile session on Thursday, as gains in energy stocks and financials outweighed a slump in gold shares, while the country's central bank assessed the implications of Donald Trump's
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Australia's Westpac set for worst day in 3 months on ex-dividend trade

BUZZ-Australia's Westpac set for worst day in 3 months on ex-dividend trade ** Westpac Banking shares WBC.AX slide 2.5% ** Stock set for biggest one-day drop since Aug. 5 ** Westpac, trades ex-dividend; had set div of A$0.76/shr ** Stock hits session-low of A$31.125, weakest since Oct. 14 ** Still, WBC has gained nearly 38% so far this year Reporti
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Australian stocks close higher as markets wager Trump victory

Australian stocks close higher as markets wager Trump victory Banks, tech stocks up over 1% CBA hits record high Tech stocks hit near 3-week high Updates to close By John Biju Nov 6 (Reuters) - Australian equities rose on Wednesday, tracking the gains on Wall Street overnight and in U.S. stock futures on the day, as investors increasingly priced in Donald Trump winning the U.S.
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Australia shares widen losses as central bank holds rate at 12-year peak

Australia shares widen losses as central bank holds rate at 12-year peak Updates with RBA decision, moves Nov 5 (Reuters) - Australian shares extended losses on Tuesday after its central bank retained the key policy rate at a 12-year high in an attempt to keep the policy restrictive until core inflation is tamed . The S&P/ASX 200 index .AXJO fell 0.4% to 8,131 .4 points by 0352 GMT.
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Westpac Banking Corp's Group Executive HR To Retire

BRIEF-Westpac Banking Corp's Group Executive HR To Retire Nov 5 (Reuters) - Westpac Banking Corp WBC.AX : RETIREMENT OF GROUP EXECUTIVE, HR-WBC.AX CHRISTINE PARKER, GROUP EXECUTIVE HR, TO RETIRE FROM WESTPAC Further company coverage: WBC.AX
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Citi ups TP, estimates for Australia's Westpac on better FY revenue momentum

BUZZ-Citi ups TP, estimates for Australia's Westpac on better FY revenue momentum ** Analysts at Citi raise target price for Westpac Banking Corp WBC.AX to A$26.25 from A$32.40; retain "sell" rating ** Brokerage raises earnings forecast for FY25 and FY26 by 3%, to largely reflect co's better revenues and lower bad debts ** Brokerage says co's FY re
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