Labor is continuing its assault on Prime Minister Scott Morrison's idea of moving Australia's Israeli embassy to contested Jerusalem.
Reported by SBS 2 hours ago.
Labor ups attacks on government over Israel embassy move
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The Royals are in Melbourne
Prince Harry and Meghan, Duchess of Sussex spend the third day of their 16-day tour of Australia and the South-Pacific in Melbourne.
Reported by Brisbane Times 2 hours ago.
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Element 25 Ltd takes $1 million cash from Holleton gold sale to Ramelius Resources Limited
Element 25 Ltd (ASX:E25) has banked $1 million from the sale of its Holleton Gold Project to Ramelius Resources Limited’s (ASX:RMS) wholly-owned RMS subsidiary Edna May Operations Pty Ltd (EMO). Asset seller Element viewed the gold project as non-core and said today the sale funds would provide working capital to the business as it focused on manganese. READ: Element 25 selling non-core Holleton Gold Project to focus on manganese Element executive director Justin Brown said: “This transaction represents an important incremental step in the company’s stated strategy to rationalise its project portfolio to allow the technical team to focus on the high-purity manganese business at Butcherbird.” Butcherbird is in the southern Pilbara subregion of Western Australia. READ: Element 25 advancing high-purity manganese pre-feasibility study Element, which traded as Montezuma Mining when it was focused on multi-metals, may enjoy returns from a trailing 1% net smelter royalty on all future production from Holleton project Brown said: “The cash will provide important working capital whilst the royalty ensures that shareholders will benefit from future exploration success as EMO and RMS roll out their exploration programs.” Holleton exploration licence application covers around 115 square kilometres of the Holleton Greenstone Belt, about 400 kilometres from Perth.
Reported by Proactive Investors 2 hours ago.
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Luke Hemsworth Stars in 'Dundee: The Son of a Legend Returns Home' Mock Ad for Tourism Australia!
Luke Hemsworth is following in the footsteps of his brother, Chris Hemsworth! The 37-year-old Westworld actor stars in Dundee: The Son of a Legend Returns Home, the mock trailer for the Crocodile Dundee reboot, which was actually an ad for Tourism Australia. If you didn’t know, Chris previously appeared in the campaign. Luke explores the [...]
Reported by Just Jared 1 hour ago.
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58 Australian 'fairy penguins' slaughtered in suspected dog attack
Wildlife officials in the southern Australia on Wednesday announced an investigation into the mass death of 58 penguins they believe were killed in a dog attack. The carcases…
Reported by Japan Today 2 hours ago.
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Harry and Meghan in Melbourne for third day of royal tour of Australia
Following their hugely successful trip to the rural city of Dubbo, Harry and Meghan have boarded a plane in Sydney as they head to Melbourne for the third day of their Australian tour.
Reported by MailOnline 2 hours ago.
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Fluence Secures US$7.6 Million NIROBOX™ Order in Egypt
MELBOURNE, Australia & NEW YORK--(BUSINESS WIRE)--Fluence Corporation Limited (ASX: FLC) is pleased to announce that it has signed contracts totaling US$7.6 million through its Egyptian joint venture entity The International Co. for Water Services & Infrastructure (IWSI) to supply three separate NIROBOX™ Smart Packaged seawater desalination plants to projects owned by the Egyptian Ministry of Housing. The plants, which will consist of a total of 12 Nirobox SW- XL units currently in inventor
Reported by Business Wire 2 hours ago.
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Outland Denim behind Meghan Markle's black jeans reveals they sold out completely within HOURS
The pregnant Duchess of Sussex has sparked a shopping frenzy by wearing a pair of locally designed black jeans during a trip to rural Australia.
Reported by MailOnline 1 hour ago.
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Fast Asia Open: South Korea rates decision, Australia unemployment
Reported by FT.com 1 hour ago.
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When is the Aussie Unemployment Rate release, and how could it affect the AUD/USD?
*Aussie Employment report overview*
Early Thursday at 00:30 GMT sees triplicate employment data from Australia, which could be shaping up to be the major reading of the year for the AUD/USD. With Aussie interest rates suspended in central bank comatose, Australian economic data is the primary driver for AUD reactions in the charts, and broader markets are forecasting a steady reading for today's Unemployment reading, with September's Employment Change expected to come in at 15 thousand (last 44 thousand), while Unemployment is seen holding steady at 5.3%, with the Participation Rate also seen on hold at 65.7%; analysts at ANZ are slightly more bearish than broader market estimates, calling for an undershoot in the Employment Change: "we expect a more moderate rise in employment in September after the 44k rise in August. Labour market leading indicators are more mixed: ANZ Job Ads have levelled out, but hiring intentions in the business surveys still point to ongoing solid expansion in employment. We look for a rise of 10k and an unchanged unemployment rate of 5.3%."
*How could it affect the AUD/USD?*
The Aussie is clipping into the downside ahead of the Australian jobs data, and the pair is knocking into near-term support from the 200-hour moving average, which is resting just south of the 0.7100 handle, and according to FXStreet's own Valeria Bednarik, there could be more declines on the table: "the pair heads into the Asian session trading right around the 38.2% retracement of the latest daily slide and near the mentioned daily low of 0.7110, while the 61.8% retracement of the same declines comes a couple of pips above the mentioned daily high, indicating that the pair may well enter in a bearish spiral after being rejected from such resistance. In the 4 hours chart, the pair broke below its 20 SMA, while technical indicators enter bearish territory, also indicating additional slides ahead, with a break below 0.7085 now opening doors for a retest of the year low."
Support levels: 0.7110 0.7085 0.7040
Resistance levels: 0.7160 0.7195 0.7220
*Key notes*
AUD/USD analysis: holding above 0.7100 ahead of Australian employment data
AUDUSD Analysis: Strong bearish signals today
AUDUSD Showing First Signs of A Bearish Continuation - Elliott wave Analysis
*About the Aussie Employment Change*
The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).
*About the Aussie Unemployment Rate*
The Unemployment Rate release by the Australian Bureau of Statistics is the number of unemployed workers divided by the total civilian labor force. If the rate hikes, indicates a lack of expansion within the Australian labor market. As a result, a rise leads to weaken the Australian economy. A decrease of the figure is seen as positive (or bullish) for the AUD, while an increase is seen as negative (or bearish).
*About the Aussie Participation Rate*
The participation rate, released by Australian Statistician, is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for a job).
Reported by FXstreet.com 1 hour ago.
Early Thursday at 00:30 GMT sees triplicate employment data from Australia, which could be shaping up to be the major reading of the year for the AUD/USD. With Aussie interest rates suspended in central bank comatose, Australian economic data is the primary driver for AUD reactions in the charts, and broader markets are forecasting a steady reading for today's Unemployment reading, with September's Employment Change expected to come in at 15 thousand (last 44 thousand), while Unemployment is seen holding steady at 5.3%, with the Participation Rate also seen on hold at 65.7%; analysts at ANZ are slightly more bearish than broader market estimates, calling for an undershoot in the Employment Change: "we expect a more moderate rise in employment in September after the 44k rise in August. Labour market leading indicators are more mixed: ANZ Job Ads have levelled out, but hiring intentions in the business surveys still point to ongoing solid expansion in employment. We look for a rise of 10k and an unchanged unemployment rate of 5.3%."
*How could it affect the AUD/USD?*
The Aussie is clipping into the downside ahead of the Australian jobs data, and the pair is knocking into near-term support from the 200-hour moving average, which is resting just south of the 0.7100 handle, and according to FXStreet's own Valeria Bednarik, there could be more declines on the table: "the pair heads into the Asian session trading right around the 38.2% retracement of the latest daily slide and near the mentioned daily low of 0.7110, while the 61.8% retracement of the same declines comes a couple of pips above the mentioned daily high, indicating that the pair may well enter in a bearish spiral after being rejected from such resistance. In the 4 hours chart, the pair broke below its 20 SMA, while technical indicators enter bearish territory, also indicating additional slides ahead, with a break below 0.7085 now opening doors for a retest of the year low."
Support levels: 0.7110 0.7085 0.7040
Resistance levels: 0.7160 0.7195 0.7220
*Key notes*
AUD/USD analysis: holding above 0.7100 ahead of Australian employment data
AUDUSD Analysis: Strong bearish signals today
AUDUSD Showing First Signs of A Bearish Continuation - Elliott wave Analysis
*About the Aussie Employment Change*
The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).
*About the Aussie Unemployment Rate*
The Unemployment Rate release by the Australian Bureau of Statistics is the number of unemployed workers divided by the total civilian labor force. If the rate hikes, indicates a lack of expansion within the Australian labor market. As a result, a rise leads to weaken the Australian economy. A decrease of the figure is seen as positive (or bullish) for the AUD, while an increase is seen as negative (or bearish).
*About the Aussie Participation Rate*
The participation rate, released by Australian Statistician, is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for a job).
Reported by FXstreet.com 1 hour ago.
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Tsitsipas, Sock reach Stockholm Open quarterfinals
STOCKHOLM (AP) — Third-seeded Stefanos Tsitsipas and No. 4 Jack Sock both needed three sets to reach the quarterfinals of the Stockholm Open on Wednesday.Tsitsipas beat John Millman of Australia 6-4, 3-6, 6-3 in a little more than...
Reported by New Zealand Herald 1 hour ago.
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Doctor linked to Khashoggi disappearance studied medicine in Melbourne
A man suspected to be involved in the disappearance of Saudi journalist Jamal Khashoggi has links to Australia.
Reported by SBS 17 minutes ago.
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AVITA Medical Announces First U.S. Sales of RECELL® System and Commencement of Commercial Shipping
VALENCIA, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)--AVITA Medical (ASX: AVH, OTCQX: AVMXY), a global regenerative medicine company, today announced that it has received the first commercial sales orders from U.S. burn centers for the RECELL® Autologous Cell Harvesting Device (RECELL® System) and has commenced commercial shipment of the product. The U.S. Food and Drug Administration (FDA) approved on 20 September 2018 the RECELL System to treat acute thermal burns in patients 18 years and
Reported by Business Wire 32 minutes ago.
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Australia's Investa says Blackstone pulls out of takeover race
Australian landlord Investa Office Fund (IOF) said on Thursday it had been advised by Blackstone Group LP that the private equity giant would not match Canada's Oxford Properties Group's A$5.60 per share takeover bid.
Reported by Reuters 13 minutes ago.
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Businesses Breathe The Open Air With simPRO’s Next Level Field Sales Solution
BRISBANE, Australia--(BUSINESS WIRE)--#jobmanagement--simPRO have made another splash in the job management technology sector by strengthening the trade company and customer relationship.
Reported by Business Wire 17 minutes ago.
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'We never expected this to happen in Australia': Vandals destroy Hindu temple
Vandals have torched a Sydney Hindu Temple, leaving its holy statues in ruins and a close-knit community shattered.
Reported by SBS 11 minutes ago.
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Meet the McCallums, one of Australia's few Amish families
A family leaves behind the trappings of the 21st century to lead a simple, self-sufficient and pious life in rural Tasmania.
Reported by Brisbane Times 1 hour ago.
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NAB bankers sacked for conduct breaches
National Australia Bank chief executive Andrew Thorburn says his bank hasn't had the care and respect for customers it should have.
Reported by SBS 1 hour ago.
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Meghan and Harry charm locals on Australian tour
The Duke and Duchess of Sussex are celebrating their royal baby news in Australia. Crowds of fans have lined up to congratulate them. CBS News foreign correspondent Jonathan Vigliotti has more.
Reported by CBS News 1 hour ago.
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TopTung advancing new Canadian projects alongside Australian Torrington Project
Marnus Bothma, newly-appointed non-executive director of TopTung Ltd (ASX:TTW), speaks to Proactive Investors about the exploration and development company's flagship Torrington Project located in northern New South Wales, Australia, as well as the newly acquired suite of Nickel-Copper sulphide projects along the Belleterre-Angliers greenstone belt in Eastern Canada. A maiden drilling campaign has already been completed at Alotta in Quebec, where all nine holes intersected massive sulphide mineralisation. TopTung is in discussions to add to its landholding in the area.
Reported by Proactive Investors 2 minutes ago.
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