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Australia's Central Bank Cuts Interest Rate for Third Time This Year to 3.6% — REUTERS / pwu404
Central Bank · Australia

Australia's Central Bank Cuts Interest Rate for Third Time This Year to 3.6%

56% Left coverage: 50 sources
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Australia’s Telstra Logs Higher Annual Profit, Announces $654 Million Buyback
Australia · Australia

Australia’s Telstra Logs Higher Annual Profit, Announces $654 Million Buyback

Coverage: 9 sources
(Reuters) -Top Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31% rise in its fiscal 2025 profit on Thursday, driven by sustained growth in its mobile segment. The telecom firm announced a A$1 billion ($654.20 million)buyback, citing growth in earnings and a strong balance sheet, following February’s share repurchase announcement of A$750 million. Telstra said it expects operating earnings…See the Story
CBA Market Value Takes $15 Billion Hit Despite Record Profits
Finance · Australia

CBA Market Value Takes $15 Billion Hit Despite Record Profits

56% Left coverage: 9 sources
The high price of CBA shares has caused ongoing debate in the market, and investors headed for the exits after the release of its results on Wednesday.See the Story

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