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SYDNEY (Reuters) - Australian investment firm Allegro Funds said on Tuesday it would set up an independent board to oversee PwC Australia's government practice business, which it bought last month, and committed A$100 million ($67 million) for transition costs.
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Australia's Trade Minister will travel to Beijing on Thursday to meet his Chinese counterpart, as Canberra pushes for the removal of all trade impediments and diplomatic relations stabilise.
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U.S. President Joe Biden will briefly visit Papua New Guinea (PNG) on May 22, officials from the Pacific island nation said on Thursday, as Washington seeks to counter growing Chinese influence in the strategically important region.
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National Australia Bank said on Thursday it expects Australian interest rates to peak at 3.85%, down from a previous estimate of 4.1%.
SYDNEY, March 20 (Reuters) - A top Australian central banker on Monday said stress in the global banking system was mainly confined to a small number of poorly managed banks and was just one of many considerations for domestic monetary poli... | Mar. 19