| Westpac's profit edged up in the third quarter as business and institutional loan growth buoyed the Australian lender. Unaudited net profit came in at A$1.9 billion in the three months to June 30, while the firm reported a net interest margin of 1.99%. In other earnings news, Telstra will repurchase as much as A$1 billion of its stock on market, building on a A$750 million buyback completed in June, as Australia's biggest phone company looks to return more cash to investors. Australia's bond market is showing early signs of stress from the nation's massive borrowing plan this year, but the effect is being obscured by strong demand from foreign investors diversifying from Treasuries. More households are falling behind on their power bills, according to one of the nation's biggest energy retailers, highlighting lingering cost-of-living pressures in the economy. It comes as new figures released on Wednesday showed Australia's annual wage growth remained elevated last quarter, underscoring a tight labor market and persistently weak productivity.  The decommissioned Liddell Power Station in Liddell, Australia. Photographer: Brendon Thorne/Bloomberg Evolution Mining, Australia's second-largest gold miner is looking to boost its exposure to copper, even after posting a record full-year profit following a surge in bullion prices. Treasury Wine Estates, the vintner behind the iconic Penfolds brand, is confident the Australian brand will keep growing in its key Chinese market, despite a shift in drinking habits sparked by a government directive banning alcohol from official banquets. SO4, the Australian potash producer owned by Czech billionaire Pavel Tykac, said it made its first commercial shipment overseas and plans to become a major exporter of the fertilizer. | 
Mashadipati Location Hotel Clove is located in the heart of Bandung, in a ...
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