Edition:
United Kingdom

Paulina Duran

'Bear' the dog helps find koalas injured in Australian bushfires

22 Nov 2019

SYDNEY An obsessive compulsive dog who was abandoned as a puppy has a new mission: helping find and save koalas injured in Australia's recent devastating bushfires.

'Bear' the dog helps find koalas injured in Australian bushfires

22 Nov 2019

SYDNEY An obsessive compulsive dog who was abandoned as a puppy has a new mission: helping find and save koalas injured in Australia's recent devastating bushfires.

Board of Australia's Westpac 'unreservedly apologises' over money-laundering

22 Nov 2019

SYDNEY The board of Australia's second largest bank on Friday apologised unreservedly for 23 million breaches of money laundering laws, but stood by management despite pressure from politicians to review its leadership.

Australian fund cuts Westpac bond exposure on money laundering allegations

22 Nov 2019

SYDNEY An Australian bond fund has started to divest Westpac bonds following allegations by the country's financial crime regulator of money laundering compliance breaches, some of which related to financing child exploitation.

Pressure grows on Westpac CEO after massive Australian money laundering scandal

21 Nov 2019

SYDNEY Pressure mounted on the chief executive of Westpac Banking Corp on Thursday over the handling of Australia's biggest money laundering scandal, with the prime minister saying the bank's board should reflect deeply on Brian Hartzer's position.

Australia's Westpac slapped with 23 million money laundering breaches

20 Nov 2019

SYDNEY Regulators accused Australia's Westpac Banking Corp of 23 million breaches of anti-money laundering laws, saying the banking giant ignored red flags and for years enabled payments from convicted child sex offenders and "high risk" countries.

"Bear" the dog helps find koalas injured in Australian bushfires

19 Nov 2019

SYDNEY, Nov 19 An obsessive compulsive dog who was abandoned as a puppy has a new mission: helping find and save koalas injured in Australia's recent devastating bushfires.

Australia's corporate regulator says responsible lending doesn't hurt economy

14 Nov 2019

SYDNEY The Australian corporate regulator on Thursday hit back at claims that its anticipated imposition of tougher responsible lending rules is already hurting the country's sluggish economy.

Westpac CEO defends existing mortgage customer "loyalty tax"

08 Nov 2019

SYDNEY, Nov 8 Australia's Westpac Banking Corp on Friday defended an industry practice of discounting loans for new mortgage customers, which leaves existing customers paying what critics have termed a "loyalty tax" saying it aided competition.

RPT-Australia's CBA selling first bond not referencing LIBOR-equivalent rate

07 Nov 2019

SYDNEY, Nov 7 Australia's Commonwealth Bank is planning to sell A$1 billion ($687.20 million) worth of residential mortgage bonds in the country's first public deal that will not use the local LIBOR-equivalent benchmark, the bank bill swap (BBSW) rate.

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