House prices in Perth rose 2% in August, leading gains, while Adelaide's climbed 1.4% and Brisbane's 1.1%, property consultancy CoreLogic said. Sydney's home prices increased 0.3%, while Melbourne's declined by 0.2%, leaving the combined capitals index 0.5% higher for the month. ANZ will re-examine its alcohol policies after complaints of inebriated staff on the trading floor, part of a broader probe into allegations of cultural problems at the Australian bank. Three people have left the bank following a number of allegations that relate to conduct, CEO Shayne Elliott said Friday during testimony in parliament. Shayne Elliott, chief executive officer of ANZ Group Holdings Ltd., speaks during a hearing before the House of Representatives economics committee in Canberra, Australia, on Friday. Photographer: Tracey Nearmy/Bloomberg Hong Kong Financial Secretary Paul Chan aims to attract more Australian companies to the city during his visit to Sydney and Melbourne this week. Chan will meet with technology firms including in the biomedical, new energy and finance fields in Australia, he wrote in a blog published on Sunday. There's no denying the environmental threat a stricken oil tanker in the Red Sea could pose, writes David Fickling for Bloomberg Opinion. And yet one paradox of oil spills is that the long-term damage is often far less than you'd suspect from the apocalyptic scenes of the initial days. The damage done by the hydrocarbons that make it safely to the refinery each year, however, is global, and almost imperceptible in the stealthy way it is changing our environment. |
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